Totals
- Total revenue
- $2,641,788
- Total expenses
- $2,347,370
- Contributions and grants received
- $980,990
- Grants paid
- $0
- Program service revenue
- $1,327,727
- Investment income
- $67,459
- Other revenue
- $265,612
- Total assets, end of year
- $6,073,339
- Total liabilities, end of year
- $578,580
- Net assets or fund balances, end of year
- $5,494,759
- Program services expenses (Part IX)
- $2,003,178
- Management and general expenses
- $214,258
- Fundraising expenses
- $129,934
- Program service expenses (Part III)
- $2,003,178
Program services were 85.3% 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.
-
1b · Membership dues
$202,984
-
1c · Fundraising events
$83,600
-
1e · Government grants (contributions)
$103,570
-
1f · All other contributions, gifts and grants
$590,836
-
2a · Program service revenue: TICKET SALES
total $1,073,271 · related or exempt $1,073,271
-
2b · Program service revenue: FESTIVAL OF THE ARTS
total $147,566 · related or exempt $147,566
-
2c · Program service revenue: CLASSES
total $100,510 · related or exempt $100,510
-
2d · Program service revenue: ADVERTISING
total $6,380 · unrelated business $6,380
-
3 · Investment income
total $64,275 · excluded $64,275
-
6a · Gross rents
real property $77,558
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $77,558
-
6d · Net rental income or loss
total $77,558 · excluded $77,558
-
7a · Gross sales of assets other than inventory
securities $106,350
-
7b · Less cost or other basis and sales expenses
securities $103,166
-
7c · Gain or loss
securities $3,184
-
7d · Net gain or loss
total $3,184 · excluded $3,184
-
8a · Fundraising events: gross income
$96,096
-
8a · Fundraising events: contributions included on line 1c
$83,600
-
8b · Fundraising events: direct expenses
$74,960
-
8c · Net income from fundraising events
total $21,136 · excluded $21,136
-
9a · Gaming: gross income
$7,626
-
9b · Gaming: direct expenses
$300
-
9c · Net income from gaming
total $7,326 · excluded $7,326
-
10a · Gross sales of inventory
$221,171
-
10b · Cost of goods sold
$61,779
-
10c · Net income from sales of inventory
total $159,392 · excluded $159,392
-
11a · Other revenue: OTHER REVENUE
total $200 · related or exempt $200
-
11e · Other revenue, total
$200
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $147,272 · program services $110,454 · management and general $29,454 · fundraising $7,364
-
7 · Other salaries and wages
total $520,272 · program services $327,018 · management and general $112,367 · fundraising $80,887
-
9 · Other employee benefits
total $15,431 · program services $8,574 · management and general $4,976 · fundraising $1,881
-
10 · Payroll taxes
total $57,147 · program services $36,230 · management and general $15,535 · fundraising $5,382
-
11c · Fees: accounting
total $50,463 · program services $32,255 · management and general $17,560 · fundraising $648
-
11g · Fees: other
total $8,572 · program services $8,572
-
12 · Advertising and promotion
total $65,808 · program services $65,808
-
13 · Office expenses
total $60,408 · program services $55,948 · management and general $4,460
-
16 · Occupancy
total $154,176 · program services $151,326 · management and general $750 · fundraising $2,100
-
19 · Conferences, conventions and meetings
total $3,125 · program services $3,125
-
22 · Depreciation, depletion and amortization
total $133,449 · program services $122,442 · management and general $9,780 · fundraising $1,227
-
23 · Insurance
total $33,828 · program services $29,108 · management and general $4,720
-
24a · Other expenses: THEATRE PRODUCTIONS
total $633,084 · program services $633,084
-
24b · Other expenses: DIRECT FUNDRAISING
total $179,906 · program services $148,649 · management and general $812 · fundraising $30,445
-
24c · Other expenses: FESTIVAL OPERATIONS
total $73,785 · program services $73,785
-
24d · Other expenses: EDUCATION
total $60,161 · program services $60,161
-
24e · All other expenses
total $150,483 · program services $136,639 · management and general $13,844
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $814,778 · end of year $370,595
-
2 · Savings and temporary cash investments
beginning of year $612,160 · end of year $1,224,719
-
3 · Pledges and grants receivable
beginning of year $51,000 · end of year $0
-
4 · Accounts receivable
beginning of year $11,628 · end of year $10,975
-
9 · Prepaid expenses and deferred charges
beginning of year $91,408 · end of year $104,824
-
10a · Land, buildings and equipment: cost or other basis
$6,462,717
-
10b · Land, buildings and equipment: accumulated depreciation
$3,439,338
-
10c · Land, buildings and equipment, net
beginning of year $3,027,310 · end of year $3,023,379
-
11 · Investments: publicly traded securities
beginning of year $970,330 · end of year $1,338,847
-
17 · Accounts payable and accrued expenses
beginning of year $114,869 · end of year $126,099
-
19 · Deferred revenue
beginning of year $333,676 · end of year $452,481
-
27 · Net assets without donor restrictions
beginning of year $4,758,310 · end of year $5,035,657
-
28 · Net assets with donor restrictions
beginning of year $371,759 · end of year $459,102
Mission and programs · 2023
Mission
TO INSPIRE AND NURTURE A LOVE OF THEATRE AND THE ARTS WITH THE FOLLOWING MISSION: THE MAINTENANCE OF A PERMANENT MULTI-ARTS AND THEATRE FACILITY. THE SPONSORSHIP AND COORDINATION OF EDUCATION AND CULTURAL PROGRAMMING IN VISUAL ARTS, THEATRE AND COMMUNITY EVENTS.
Activities or mission (Part I)
TO INSPIRE AND NURTURE A LOVE OF THEATRE AND THE ARTS.
-
LAKEWOOD THEATRE PRESENTS MUSICALS, ORIGINAL WORKS & A DIVERSE SELECTION OF MODERN AND CLASSIC THEATRE WITH 10-12 PRODUCTIONS ANNUALLY (RESIDENT AND TOURING). LAKEWOOD CONSISTENTLY INCLUDES FULL SCALE MUSICALS AND ORIGINAL WORKS IN ITS SEASON, AND PRIDES ITSELF ON WORKING WITH NEW AND/OR EMERGING ARTISTS AND GROUPS TO BRING INNOVATIVE PERFORMANCES AND ART EVENTS TO OUR AUDIENCE. LAKEWOOD THEATRE IS THE OLDEST CONTINUOUSLY OPERATING THEATRE COMPANY IN THE PORTLAND, OREGON METRO AREA, ATTRACTING OVER 40,000 PEOPLE EACH YEAR. LAKEWOOD ALSO PROVIDES 50-60 CLASSES EACH QUARTER IN THEATRE, DANCE, TV, AND ART TO STUDENTS AGES 3-ADULT WITH RESIDENT AND VISITING ARTISTS.
Expenses $1,373,642 · Revenue $1,073,471
-
THE YOUTH OUTREACH PROGRAM AT LAKEWOOD IS TO CREATE OPPORTUNITIES FOR YOUTH IN THE GREATER PORTLAND AREA TO PARTICIPATE, BOTH AS ARTISTS AND AUDIENCE, IN ALL THAT LAKEWOOD HAS TO OFFER. LAKEWOOD STRIVES TO BRING OPPORTUNITIES TO THE UNDERSERVED YOUTH IN THE REGION WHOM, BECAUSE OF GEOGRAPHIC, SOCIO-ECONOMIC, CULTURAL OR LANGUAGE BARRIERS, HAVE LIMITED ACCESS TO ARTS EDUCATION. THIS PROGRAM FACILITATES CONVERSATIONS WITH YOUTH, THEIR FAMILIES, AND THEIR SUPPORTING ORGANIZATIONS, RESULTING IN OPEN COLLABORATIONS AND A BETTER UNDERSTANDING OF HOW TO CONTINUE TO CREATE MEANINGFUL EXPERIENCES. LAKEWOOD CENTER RECOGNIZES THE IMPORTANCE OF CREATING AN INVITING, DIVERSE AND INCLUSIVE ENVIRONMENT FOR PARTICIPANTS, AS ARTISTS, STUDENTS, AND AUDIENCE. DURING THE 2023-2024 SCHOOL YEAR OVER 200 STUDENTS FROM PRESCHOOL TO HIGH SCHOOL PARTICIPATED IN THIS PROGRAM.CURRENT YOUTH OUTREACH PROGRAM ACTIVITIES INCLUDE: IN-PERSON ART, THEATRE AND DANCE WORKSHOPS TAUGHT IN PARTICIPATING SCHOOLS. THESE INCLUDE BILINGUAL (ENGLISH/SPANISH) WORKSHOPS. ON-LINE ART WORKSHOPS. ALSO INCLUDING BILINGUAL (ENGLISH/SPANISH) WORKSHOPS. SUPPORT OF ART PROGRAMS ALREADY EXISTING IN LOCAL SCHOOLS BY PROVIDING FINANCIAL ASSISTANCE, MATERIALS AND VISITING ARTISTS. A WEEK OF COLOR: A BILINGUAL (ENGLISH/SPANISH) ART INSTRUCTION BOOKLETS AND VIDEO SERIES, DISTRIBUTED TOGETHER WITH ART KITS TO AREA ELEMENTARY SCHOOLS. YOUTH ART EXHIBIT AT THE LAKE OSWEGO FESTIVAL OF THE ARTS, INCLUDING ALL ART CREATED BY STUDENTS PARTICIPATING IN THE YOUTH OUTREACH PROGRAM. AWARDS RECEPTION FOR ALL ARTISTS AND FAMILIES PARTICIPATING IN THE YOUTH ART EXHIBIT. INVITATIONS FREE OF CHARGE TO THEATRE PROGRAMS AT LAKEWOOD FOR FAMILIES PARTICIPATING IN THE YOUTH OUTREACH PROGRAM.
Expenses $32,954
-
THE LAKE OSWEGO FESTIVAL OF THE ARTS IS A COMMUNITY WIDE CELEBRATION ATTRACTING ON AVERAGE 25,000 PEOPLE PER YEAR. IT FOCUSES ON ARTS EDUCATION, PERFORMANCE AND EXHIBITION. THE 4-DAY EVENT INCLUDES GUEST ARTISTS, MUSIC, LIVE THEATRE PERFORMANCE, ARTISANS DISPLAYING THEIR CRAFT, ART CLASSES, LECTURES AND EXHIBITIONS.
Expenses $328,380 · Revenue $147,566
-
LAKEWOOD CENTER FOR THE ARTS PROVIDES FACILITIES USED BY INSTRUCTORS, GROUPS AND OTHERS IN THE ARTS THROUGH CLASSES, DEMONSTRATIONS, EXHIBITIONS AND COMMUNITY EVENTS SUPPORTING ARTS IN THE COMMUNITY. LAKEWOOD COORDINATES A FULL RANGE OF OFFERINGS IN ACTING, VISUALS ARTS, DESIGN, TELEVISION, FILM, GALLERY EXHIBITIONS, LECTURES AND CONCERTS. THESE PROGRAMS SERVE OVER 3,000 STUDENTS ANNUALLY.
Expenses $268,202 · Revenue $100,510
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
David AvisonDAVID AVISON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Jan CoultonJAN COULTON
SECRETARY / TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Dan FindleyDAN FINDLEY
ASSISTANT TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Joann FrankelJOANN FRANKEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Fred BreuerFRED BREUER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Linda BrownLINDA BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeanne DentonJEANNE DENTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nick AtwoodNICK ATWOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Elaine FranklinELAINE FRANKLIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joan FreedJOAN FREED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kelly GiampaKELLY GIAMPA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cyndie GlazerCYNDIE GLAZER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steven JurneySTEVEN JURNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Paula KanarekPAULA KANAREK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joann KantorJOANN KANTOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ricky KorachRICKY KORACH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Skip O'NeillSKIP O'NEILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Martha SchraderMARTHA SCHRADER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Doug ZimmermanDOUG ZIMMERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ann GellerANN GELLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kathy LeveeKATHY LEVEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John DakinJOHN DAKIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Andrew EdwardsANDREW EDWARDS
EXECUTIVE DIRECTOR
- Total calculated
- $144,009
- From this org
- $139,209
- From related orgs
- $0
- Other
- $4,800
- Hours/week
- 50
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 27 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202530429349300708
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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