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Nonprofiteer
← LENSIC PERFORMING ARTS CENTER CORPORATION

Form 990 for tax year 2022

Filed by LENSIC PERFORMING ARTS CENTER CORPORATION.

Totals

Total revenue
$6,440,957
Total expenses
$3,782,470
Contributions and grants received
$3,998,467
Grants paid
$0
Program service revenue
$2,122,941
Investment income
$109,424
Other revenue
$210,125
Total assets, end of year
$17,078,022
Total liabilities, end of year
$866,299
Net assets or fund balances, end of year
$16,211,723
Program services expenses (Part IX)
$2,458,605
Management and general expenses
$809,447
Fundraising expenses
$514,418
Program service expenses (Part III)
$2,458,605

Program services were 65.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $301,586

  • 1f · All other contributions, gifts and grants

    $3,696,881

  • 1g · Noncash contributions included above

    $17,888

  • 2a · Program service revenue: TICKET SALES & BOX OFFICE

    total $1,435,982 · related or exempt $1,435,982

  • 2b · Program service revenue: THEATER INCOME

    total $686,959 · related or exempt $686,959

  • 3 · Investment income

    total $109,424 · excluded $109,424

  • 8a · Fundraising events: gross income

    $171,680

  • 8b · Fundraising events: direct expenses

    $18,317

  • 8c · Net income from fundraising events

    total $153,363 · excluded $153,363

  • 10a · Gross sales of inventory

    $90,286

  • 10b · Cost of goods sold

    $33,524

  • 10c · Net income from sales of inventory

    total $56,762 · excluded $56,762

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $413,557 · program services $268,810 · management and general $88,502 · fundraising $56,245

  • 7 · Other salaries and wages

    total $1,353,440 · program services $879,736 · management and general $289,636 · fundraising $184,068

  • 8 · Pension plan contributions

    total $42,714 · program services $27,764 · management and general $9,141 · fundraising $5,809

  • 9 · Other employee benefits

    total $106,194 · program services $69,026 · management and general $22,726 · fundraising $14,442

  • 10 · Payroll taxes

    total $128,306 · program services $83,399 · management and general $27,457 · fundraising $17,450

  • 11f · Fees: investment management

    total $39,258 · program services $25,518 · management and general $8,401 · fundraising $5,339

  • 11g · Fees: other

    total $574,653 · program services $373,524 · management and general $122,976 · fundraising $78,153

  • 12 · Advertising and promotion

    total $111,169 · program services $72,260 · management and general $23,790 · fundraising $15,119

  • 13 · Office expenses

    total $102,910 · program services $66,891 · management and general $22,023 · fundraising $13,996

  • 16 · Occupancy

    total $365,429 · program services $237,528 · management and general $78,202 · fundraising $49,699

  • 17 · Travel

    total $30,676 · program services $19,939 · management and general $6,565 · fundraising $4,172

  • 19 · Conferences, conventions and meetings

    total $7,800 · program services $5,070 · management and general $1,669 · fundraising $1,061

  • 23 · Insurance

    total $35,209 · program services $22,887 · management and general $7,534 · fundraising $4,788

  • 24a · Other expenses: LICENSES & FEES

    total $146,515 · program services $95,235 · management and general $31,354 · fundraising $19,926

  • 24b · Other expenses: CULTIVATION

    total $83,963 · program services $54,576 · management and general $17,968 · fundraising $11,419

  • 24c · Other expenses: TESSITURA FEES

    total $74,088 · program services $48,157 · management and general $15,855 · fundraising $10,076

  • 24d · Other expenses: EQPT RENTAL & MAINT

    total $51,815 · program services $33,680 · management and general $11,088 · fundraising $7,047

  • 24e · All other expenses

    total $114,774 · program services $74,605 · management and general $24,560 · fundraising $15,609

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,588,883 · end of year $1,070,741

  • 2 · Savings and temporary cash investments

    beginning of year $248,797 · end of year $128,031

  • 3 · Pledges and grants receivable

    beginning of year $2,504,139 · end of year $1,140,374

  • 4 · Accounts receivable

    beginning of year $44,590 · end of year $892

  • 8 · Inventories for sale or use

    beginning of year $14,897 · end of year $20,099

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,574

  • 10a · Land, buildings and equipment: cost or other basis

    $8,846,496

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,392,641

  • 10c · Land, buildings and equipment, net

    beginning of year $3,202,500 · end of year $3,453,855

  • 11 · Investments: publicly traded securities

    beginning of year $6,926,925 · end of year $10,784,022

  • 15 · Other assets

    beginning of year $480,008 · end of year $480,008

  • 17 · Accounts payable and accrued expenses

    beginning of year $751,649 · end of year $866,299

  • 27 · Net assets without donor restrictions

    beginning of year $6,460,489 · end of year $8,875,872

  • 28 · Net assets with donor restrictions

    beginning of year $7,800,175 · end of year $7,335,851

Mission and programs · 2022

Mission

THE HISTORIC LENSIC - SANTA FE'S PERFORMING ARTS CENTER - ENRICHES LIVES BY BRINGING DIVERSE ART AND PEOPLE TOGETHER. THROUGH ITS ACCESSIBLE AND AFFORDABLE PROGRAMMING, THE LENSIC PRESENTS AND SUPPORTS LOCL AND NATIONAL ARTISTS AND SERVES AS A CENTER FOR COMMUNITY, YOUTH, AND EDUCATION EVENTS.

Activities or mission (Part I)

THE HISTORIC LENSIC THEATER PROVIDES A VENUE FOR MUSIC, THEATER, DANCE, AND OTHER ART FORMS.

  • THE ORGANIZATION MAINTAINS AND OPERATES THE HISTORIC LENSIC THEATER WHICH FUNCTIONS YEAR-ROUND. THE LENSIC IS A HOME STAGE FOR OUR CONSORTIUM PARTNERS THE SANTA FE SYMPHONY, PERFORMANCE SANTA FE, SANTA FE PRO MUSICA, AND SANTA FE CHAMBER MUSIC, AS WELL AS MANY OTHER LOCAL ORGANIZATIONS LIKE THE LANNAN FOUNDATION, ASPEN SANTA FE BALLET, AND AMP. WE OFFER DISCOUNTED RENTALS, PROVIDE TECHNICAL, BOX OFFICE, MARKETING SUPPORT, AND ORGANIZATIONS KEEP THEIR TICKET REVENUE. THIS 2022 SEASON, REGIONAL NON- PROFITS AND OTHER PRESENTERS HOSTED 103 PERFORMANCES (PLUS, THE LENSIC SOLD TICKETS FOR THE CONSORTIUM PARTNERS FOR 59 OUTSIDE EVENTS).

    Expenses $531,475 · Revenue $686,959

  • SINCE 2001. THE LENSIC PERFORMING ARTS CENTER HAS PRESENTED AND PRODUCED PERFORMANCES OF ARTISTS FROM AROUND THE WORLD. THE LENSIC'S YEAR-ROUND PROGRAMMING IS INTEGRAL TO FULFILLING THE ORGANIZATION'S MISSION BY PRESENTING A WIDE-RANGING, DIVERSE SERIES OF PROGRAMS AND ARTISTS. PROGRAMS INCLUDE POPULAR CONCERTS, DANCE SHOWS, WORLD MUSIC, JAZZ, CLASSICAL MUSIC, COMEDY, AND FAMILY-FRIENDLY PROGRAMMING. IN 2022, LENSIC PRESENTS HAD 60 PERFORMANCES (INCLUDING THE MET LIVE AND NT LIVE BROADCASTS).

    Expenses $1,890,990 · Revenue $1,435,982

  • THE LENSIC'S ARTS EDUCATION PROGRAMS HAS HAD A TWENTY-YEAR RELATIONSHIP WITH THE PUBLIC SCHOOLS TO BRING ELEMENTARY SCHOOL CHILDREN TO DAYTIME PERFORMANCES, PROVIDING WHAT IS FOR MANY CHILDREN, THEIR FIRST THEATER EXPERIENCE. THE THEATER RUNS A TECHNICAL INTERNSHIP PROGRAM FOR LOCAL HIGH-SCHOOL YOUTH, WHICH PROVIDES SUMMER EMPLOYMENT OPPORTUNITIES TO THE PROGRAM'S GRADUATES. THE EDUCATION PROGRAM, LENSIC FUTURE VOICES ALSO INCLUDES AN ANNUAL FILM AND PHOTOGRAPHY COMPETITION FOR HIGH SCHOOL STUDENTS ACROSS THE STATE. IN 2022, 50 NEW MEXICO SCHOOLS ATTENDED THE EDUCATION EVENTS. SERVING MORE THAN 13,000 K-12 STUDENTS.

    Expenses $36,140

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • JOEL AALBERTS

    EXECUTIVE DI

    Total calculated
    $226,462
    From this org
    $208,528
    From related orgs
    $0
    Other
    $17,934
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $208,528
    Bonus
    not reported
    Other
    not reported
    Deferred
    $10,725
    Nontaxable benefits
    $7,209
    Filer's total
    $226,462

  • LAURA ACQUAVIVA

    MANAGING DIR

    Total calculated
    $127,453
    From this org
    $114,904
    From related orgs
    $0
    Other
    $12,549
    Hours/week
    40

  • MATTHEW BONIFER

    FINANCE DIRE

    Total calculated
    $59,642
    From this org
    $53,454
    From related orgs
    $0
    Other
    $6,188
    Hours/week
    40

  • NANCY ZECKENDORF

    CHAIR, FOUND

    Total calculated
    $0
    Hours/week
    20

  • KAREN DURKOVICH

    PRESIDENT

    Total calculated
    $0
    Hours/week
    20

  • ANDREW EISEMAN

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    5

  • LAWRENCE BECERRA

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • ALEX GIRARD

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • ANNE BINGAMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SARAH BROWN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MARGIE DIAZ KINTZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MICHAEL ENGL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MARIA GALE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BUD HAMILTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BARBARA LENSSEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DR ROBERT MARTIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • LILLIAN MONTOYA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MICHAEL ROBBINS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BUDDY ROYBAL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • GERALD STIEBEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202343179349312074

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