Overview
What is Lincoln Center For The Performing Arts Inc?
Lincoln Center for the Performing Arts Inc, located at 70 Lincoln Center Plaza, New York, NY 10023, is a renowned nonprofit organization with a workforce of 973. Their primary mission is to sustain, encourage, and promote the performing arts, inviting visitors from around the world to enjoy ticketed and free performances, special events, and civic celebrations at their campus. The organization provides essential facility services, including maintenance, parking, security, and cleaning, for ten constituent organizations that reside on the 16.3-acre Lincoln Center campus. These services ensure the smooth functioning of the arts community and the enjoyment of numerous cultural experiences.
Official website here: www.aboutlincolncenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Lincoln Center for the Performing Arts Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial practices. The organization boasts an impressive 92% score overall, indicating high transparency and effective governance. An independent board structure further enhances its credibility, with 97% of board members being independent.
Strengths of the organization highlight its robust financial health, evidenced by a program expense ratio of 75.63%, which demonstrates a commitment to channeling resources into its mission. Additionally, its fundraising efficiency is outstanding, with a cost of only $0.03 to raise a dollar, ensuring that donor contributions are maximized for impact. The thoroughness of its financial oversight is underscored by the absence of any material diversion of assets and a comprehensive audit process.
However, one noted limitation is the absence of a donor privacy policy, which can be a concern for potential donors regarding the protection of their information. Additionally, while the liabilities to assets ratio is manageable at 51.99%, it suggests there is room for improvement in balancing financial obligations. Overall, Lincoln Center for the Performing Arts Inc demonstrates a strong commitment to best practices in nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Lincoln Center For The Performing Arts Inc legitimate?
Lincoln Center For The Performing Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincoln Center For The Performing Arts Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,757,608
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,602,558
For more financial information, click here
Official website here: www.aboutlincolncenter.org
What is the mission statement of Lincoln Center For The Performing Arts Inc?
The Lincoln Center for Performing Arts Inc is dedicated to preserving, encouraging, and promoting the performing arts. This non-profit organization plays a crucial role by providing essential services such as facility maintenance, parking, security, and cleaning to ten constituent organizations that make up the Lincoln Center. The center invites visitors from around the world to attend ticketed and free performances, special events, and civic celebrations, making it a cultural hub for the arts community. Through its commitment to the arts and public education, the Lincoln Center for Performing Arts aims to enrich the lives of people and foster a deeper appreciation for the performing arts.
Official website here: www.aboutlincolncenter.org
Who is the CEO of Lincoln Center For The Performing Arts Inc?
Henry Timms is the CEO of Lincoln Center For The Performing Arts Inc The CEO's salary of Lincoln Center For The Performing Arts Inc is $1,829,920 and their total compensation is $1,903,839.
Official website here: www.aboutlincolncenter.org
What is the revenue of Lincoln Center For The Performing Arts Inc?
Lincoln Center For The Performing Arts Inc's revenue in 2024 was $171,655,256.
Official website here: www.aboutlincolncenter.org
Who are the executives of Lincoln Center For The Performing Arts Inc and what are their salaries?
The average compensation at Lincoln Center For The Performing Arts Inc during 2024 was $37,581. There are 1819 employees and 172 volunteers at Lincoln Center For The Performing Arts Inc.
Here are 104 key members and their salaries (Lincoln Center For The Performing Arts Inc's CEO's salary is $1,829,920 and their total compensation is $1,903,839):
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Official website here: www.aboutlincolncenter.org
Where can I find the form 990 for Lincoln Center For The Performing Arts Inc?
Lincoln Center For The Performing Arts Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.aboutlincolncenter.org
Learn more at the official website: www.aboutlincolncenter.org
Mission Statement of Lincoln Center For The Performing Arts Inc
Lincoln Center For The Performing Arts Inc, a renowned organization, is dedicated to the preservation, encouragement, and promotion of the performing arts. Its mission extends to educating the public about these arts. The institution serves as the hub for ten constituent organizations that reside within it, providing essential facility services such as maintenance, parking, security, and cleaning. Visitors from all corners of the world are welcome to the campus, where they can attend ticketed and free performances, special events, and civic celebrations. Lincoln Center For The Performing Arts Inc is more than just a venue; it is a cultural beacon that brings people together through the power of the arts.
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Impact
October, 2024
Lincoln Center for the Performing Arts Inc plays a vital role in the cultural landscape of New York City and beyond. It serves as a beacon for the arts, sustaining and promoting performance art in its many forms while also providing essential services to a variety of constituent organizations within its expansive 16.3-acre campus.
The center not only maintains a high standard for facility services—including maintenance, parking, security, and cleaning—but also fosters an environment where artists can thrive. By hosting both ticketed and free performances, special events, and civic celebrations, Lincoln Center enriches the community and welcomes visitors from around the globe, making the arts accessible to all.
Its commitment to arts education is particularly impactful, as it engages the public and cultivates a deeper understanding and appreciation of the performing arts. Through its diverse programming, Lincoln Center not only showcases world-class talent but also encourages local participation and community involvement, contributing significantly to the cultural fabric of New York City.
This information is meant to be a general summary of Lincoln Center For The Performing Arts Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $1,414,338
- Program Service Revenue: $103,246,873
- Gross Receipts: $227,014,010
Assets and Liabilities:
- Total Assets: $1,229,932,738
- Total Liabilities: $653,948,672
- Net Assets: $575,984,066
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FACILITIES RENTAL
Revenue
$65,606,152
FACILITIES SERVICES
Revenue
$35,934,726
PRESENT PERFORMANCES
Revenue
$1,137,423
REDEVELOPMENT EXP SHAR
Revenue
$307,467
EDUCATION & OUTREACH
Revenue
$161,155
Organization Details
Founding Year
1956
Phone
(212) 875-5000Principal Officer
Jim O'Hara
Main Address
70 LINCOLN CENTER PLAZA, NEW YORK, NY, 10023
Website
www.aboutlincolncenter.orgNTEE Category
Code: A610 - Arts
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