Totals
- Total revenue
- $6,623,998
- Total expenses
- $4,706,177
- Contributions and grants received
- $3,200,569
- Grants paid
- $0
- Program service revenue
- $2,633,548
- Investment income
- $748,396
- Other revenue
- $41,485
- Total assets, end of year
- $16,108,372
- Total liabilities, end of year
- $2,727,788
- Net assets or fund balances, end of year
- $13,380,584
- Program services expenses (Part IX)
- $3,459,744
- Management and general expenses
- $408,315
- Fundraising expenses
- $838,118
- Program service expenses (Part III)
- $3,459,744
Program services were 73.5% 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)
$9,925
-
1f · All other contributions, gifts and grants
$3,190,644
-
2a · Program service revenue: SHow Revenue
total $1,297,432 · related or exempt $1,297,432
-
2b · Program service revenue: Theatre Rental
total $1,336,116 · related or exempt $1,336,116
-
3 · Investment income
total $748,396 · excluded $748,396
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Other
total $41,485 · related or exempt $41,485
-
11e · Other revenue, total
$41,485
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $402,133 · program services $131,067 · management and general $144,283 · fundraising $126,783
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $1,479,560 · program services $1,140,289 · management and general $38,561 · fundraising $300,710
-
8 · Pension plan contributions
total $38,512 · program services $27,136 · management and general $2,772 · fundraising $8,604
-
9 · Other employee benefits
total $167,416 · program services $113,366 · management and general $16,048 · fundraising $38,002
-
10 · Payroll taxes
total $144,326 · program services $97,608 · management and general $13,942 · fundraising $32,776
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $27,018 · management and general $27,018
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $7,049 · fundraising $7,049
-
11f · Fees: investment management
total $2,188 · management and general $2,188
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $185,243 · program services $125,280 · management and general $17,894 · fundraising $42,069
-
13 · Office expenses
total $288,449 · program services $195,078 · management and general $27,864 · fundraising $65,507
-
14 · Information technology
total $174,116 · program services $117,755 · management and general $16,820 · fundraising $39,541
-
15 · Royalties
total $0
-
16 · Occupancy
total $317,980 · program services $215,050 · management and general $30,717 · fundraising $72,213
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $6,319 · program services $4,274 · management and general $610 · fundraising $1,435
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $386,969 · program services $261,707 · management and general $37,381 · fundraising $87,881
-
23 · Insurance
total $53,986 · program services $36,511 · management and general $5,215 · fundraising $12,260
-
24a · Other expenses: Production Expenses
total $984,829 · program services $984,829
-
24b · Other expenses: taxes, licenses and fees
total $25,603 · management and general $25,603
-
24c · Other expenses: Other Expenses
total $14,481 · program services $9,794 · management and general $1,399 · fundraising $3,288
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $699,883 · end of year $930,680
-
2 · Savings and temporary cash investments
beginning of year $26,632 · end of year $29,209
-
3 · Pledges and grants receivable
beginning of year $1,410,607 · end of year $913,886
-
4 · Accounts receivable
beginning of year $6,473 · end of year $159
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $30,560 · end of year $36,894
-
10a · Land, buildings and equipment: cost or other basis
$12,850,381
-
10b · Land, buildings and equipment: accumulated depreciation
$6,856,867
-
10c · Land, buildings and equipment, net
beginning of year $5,644,151 · end of year $5,993,514
-
11 · Investments: publicly traded securities
beginning of year $4,462,688 · end of year $6,546,016
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $1,836,023 · end of year $1,658,014
-
17 · Accounts payable and accrued expenses
beginning of year $457,514 · end of year $536,945
-
19 · Deferred revenue
beginning of year $797,914 · end of year $910,441
-
25 · Other liabilities
beginning of year $1,448,589 · end of year $1,280,402
-
27 · Net assets without donor restrictions
beginning of year $7,368,681 · end of year $8,236,690
-
28 · Net assets with donor restrictions
beginning of year $4,044,319 · end of year $5,143,894
Mission and programs · 2023
Mission
The Lobero Theatre Foundation is organized to operate and maintain the historic Lobero Theatre as a performing arts center and cultural asset to the community and to present high quality productions in music, dance and theatre.
-
Community Access Fund (CAF) and annual rentals: This past year, 78% of our activity was presented by artists and organizations who rent the stage to connect with their audiences. As part of our CAF initiative, we provided $106,700 in subsidies to eight youth performing organizations and 14 local performing arts companies. CAF subsidies ensured that these community organizations were able to sustain their important programming. Lobero LIVE: During this past season, the Lobero successfully presented 43 signature events with an audience of more than 19,000 patrons. The most popular artists from this season included Poncho Sanchez, Herb Alpert & Lani Hall, Los Lobos, Aimee Mann and local favorite Tina Schlieske. Youth & Community Outreach: Highlights from the past year of Youth & Community Outreach program include taking jazz residencies into 10 schools to more than 200 students ranging from 4th grade to college. We provided 460 free tickets to our Lobero LIVE events to participants from local social service agencies, senior living facilities, and youth organizations and schools. Another 1000+ students attended ballet and opera performances via field trips.
Expenses $3,459,744 · Revenue $2,633,548
As filed on the 2023 return.
Listed in Part VII
-
David Asbell
Executive Direc
- Total calculated
- $222,836
- From this org
- $215,844
- From related orgs
- $0
- Other
- $6,992
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $215,844
- Bonus
- not reported
- Other
- not reported
- Deferred
- $6,184
- Nontaxable benefits
- $808
- Filer's total
- $222,836
-
Todd Jared
Technical Director
- Total calculated
- $164,466
- From this org
- $137,028
- From related orgs
- $0
- Other
- $27,438
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $137,028
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $27,438
- Filer's total
- $164,466
-
Brandon Mowery
Director of Develo
- Total calculated
- $148,306
- From this org
- $143,598
- From related orgs
- $0
- Other
- $4,708
- Hours/week
- 40
-
Marianne Clark
Administrative Dir
- Total calculated
- $145,757
- From this org
- $133,558
- From related orgs
- $0
- Other
- $12,199
- Hours/week
- 40
-
Donald McGreevy
Controller
- Total calculated
- $115,938
- From this org
- $104,216
- From related orgs
- $0
- Other
- $11,722
- Hours/week
- 40
-
Charles De LArbe
President
- Total calculated
- $0
- Hours/week
- 3
-
Bridget Foreman
Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
Melissa Fassett
Secretary
- Total calculated
- $0
- Hours/week
- 3
-
Rob Hambleton
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Steve Hayes
Director
- Total calculated
- $0
- Hours/week
- 2
-
John Gerngross
Director
- Total calculated
- $0
- Hours/week
- 2
-
Susan Torrey
Director
- Total calculated
- $0
- Hours/week
- 2
-
Tim Casey
Director
- Total calculated
- $0
- Hours/week
- 2
-
Stephen Cloud
Director
- Total calculated
- $0
- Hours/week
- 2
-
Mindy Denson
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jeff DeVine
Director
- Total calculated
- $0
- Hours/week
- 2
-
Brett Hodges
Director
- Total calculated
- $0
- Hours/week
- 2
-
Laurie Bentson Kauth
Director
- Total calculated
- $0
- Hours/week
- 2
-
Laurie Kirby
Director
- Total calculated
- $0
- Hours/week
- 2
-
Amy MacLeod
Director
- Total calculated
- $0
- Hours/week
- 2
-
Janet McCann
Director
- Total calculated
- $0
- Hours/week
- 2
-
William J Nasif
Director
- Total calculated
- $0
- Hours/week
- 2
-
Denise Sanford
Director
- Total calculated
- $0
- Hours/week
- 2
-
Luis Villegas
Director
- Total calculated
- $0
- Hours/week
- 2
-
Torben von Staden
Director
- Total calculated
- $0
- Hours/week
- 2
-
David Anderson
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 · 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
- 2023
- Filed
- 15 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531059349301523
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