Lyric Theatre Inc
- Assets
- $192.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Platte, SD
- Founding
- 01/2015
- Data as of
- 12/2021
- EIN
- 87-0716910
Organization Overview
Lyric Theatre Inc is located in Platte, SD. The organization was established in 2015. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lyric Theatre Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Lyric Theatre Inc generated $112.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $80.5k during the year ending 12/2021. While expenses have increased by 0.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
IN 2021 THE FACILITY WAS OPERATED SOLELY WITH VOLUNTEER LABOR. THE THEATRE PRESENTED 53 MOVIE SHOWINGS TO 4,805 VIEWERS FROM THIS AND THE SURROUNDING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Ringling Sec/treas/mgr | 30 | $0 | |
Janet Tegethoff Vice President | 0.5 | $0 | |
Deborah Foxley Board Member | 0 | $0 | |
Deanne Rasmussen Board Member | 0 | $0 | |
Patrice Mushitz Board Member | 0 | $0 | |
David Mason President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,104 |
| Total Program Service Revenue | $56,089 |
| Membership dues | $0 |
| Investment income | $23 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,216 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $676 |
| Occupancy, rent, utilities, and maintenance | $20,476 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $59,364 |
| Total expenses | $80,516 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,583 |
| Other assets | $0 |
| Total assets | $192,687 |
| Total liabilities | $0 |
| Net assets or fund balances | $192,687 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lyric Theatre Inc has recieved totaling $12,500.
| Awarding Organization | Amount |
|---|---|
South Dakota Community Foundation Pierre, SD PURPOSE: Community welfare and betterment | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Producers Live Stock Cr Corp Omaha, NE | $188,745,900 | $8,023,454 |
The Cowles Center Minneapolis, MN | $25,707,590 | $3,628,768 |
Fonner Park Exposition And Events Center Inc Grand Island, NE | $3,469,214 | $2,166,552 |
Wyo Theatre Inc Sheridan, WY | $4,306,747 | $947,384 |
Emerson Cultural Center Inc Bozeman, MT | $4,558,491 | $1,024,732 |
Firehouse Performing Arts Center Minneapolis, MN | $427,034 | $1,162,536 |
Pangea World Theater Minneapolis, MN | $3,888,394 | $2,394,735 |
Fairmont Opera House Inc Fairmont, MN | $1,946,448 | $510,715 |
Friends Of Lied Lincoln, NE | $1,050,952 | $778,811 |
Nebraska Writers Collective Omaha, NE | $136,888 | $471,131 |
Fergus Falls Center For The Arts Inc Fergus Falls, MN | $802,335 | $580,235 |
The Matthews Opera House And Arts Center Spearfish, SD | $452,930 | $346,279 |