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Nonprofiteer
← THELMA GAYLORD LYRIC THEATRE ENDOWMENT FUND INC

Form 990 for tax year 2024

Filed by THELMA GAYLORD LYRIC THEATRE ENDOWMENT FUND INC.

Totals

Total revenue
$167,966
Total expenses
$547,550
Contributions and grants received
$0
Grants paid
$517,529
Program service revenue
$0
Investment income
$167,966
Other revenue
$0
Total assets, end of year
$4,866,796
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$4,866,796
Program services expenses (Part IX)
$517,529
Management and general expenses
$30,021
Fundraising expenses
$0
Program service expenses (Part III)
$517,529

Program services were 94.5% 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.

  • 3 · Investment income

    total $167,966 · unrelated business $0 · excluded $167,966

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $517,529 · program services $517,529

  • 11f · Fees: investment management

    total $30,021 · program services $0 · management and general $30,021 · fundraising $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $198,250 · end of year $126,791

  • 7 · Other notes and loans receivable

    beginning of year $999,992 · end of year $1,000,000

  • 11 · Investments: publicly traded securities

    beginning of year $3,684,664 · end of year $3,740,005

  • 28 · Net assets with donor restrictions

    beginning of year $4,882,906 · end of year $4,866,796

Mission and programs · 2024

Mission

ESTABLISHED FOR THE FINANCIAL SUPPORT OF LYRIC THEATRE INCLUDING: A. TO ESTABLISH AND ADMINISTER A MONETARY FUND TO BE USED FOR LYRIC THEATRE AND ITS EDUCATIONAL AND BENEVOLENT PROJECTS AS WELL AS PROMOTE LYRIC THEATRES PURPOSES. B. TO PROVIDE FUNDS FOR ADDITIONS AND IMPROVEMENTS TO THE REAL AND PERSONAL PROPERTY OF LYRIC THEATRE AND FOR THE REPAIRS AND MAINTENANCE OF LYRIC THEATRE PROPERTY. C. TO PROMOTE, ENCOURAGE AND ENHANCE BENEVOLENT GIVING BY THE PATRONS OF LYRIC THEATRE AND OTHERS BY THE SOLICITATION, ACCEPTANCE, AND RECEIPT OF CONTRIBUTIONS FROM INDIVIDUALS AND OTHERS TO BE USED BY THE ORGANIZATION IN THE FURTHERENCE FO LYRIC THEATRES PURPOSES. D. TO PROVIDE AN ENTITY TO WHICH THE PRESENT AND FUTURE ENDOWMENT FUNDS OF LYRIC THEATRE MAY BE TRANSFERRED FOR INVESTMENT AND ADMINISTRATION IN CONFORMITY WITH THE CHARITABLE, THEATRE AND EDUCATIONAL PURPOSES OF LYRIC THEATRE.

Activities or mission (Part I)

ESTABLISHED FOR THE FINANCIAL SUPPORT OF LYRIC THEATRE.

  • THE ORGANIZATION TRANSFERRED GRANTS TO LYRIC THEATRE TO SUPPORT OPERATIONS OF THE THEATRE.

    Expenses $517,529 · Grants $517,529

As filed on the 2024 return.

Listed in Part VII

  • Carl Shortt

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • David Dobson

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Patricia Austin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Randy Compton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Sarah Fisher

    LYRIC THEATRE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Blake Lawrence

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Robert McKown

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Deborah Minard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Richard Riggs

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Jon Trudgeon

    BOARD MEMBER

    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.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
10 June 2025
IRS schema version
2024v5.1
Source object
202511619349300536

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