Overview
What is The Lyric Council Inc?
The Lyric Council Inc, situated in Blacksburg, Virginia, is a nonprofit organization dedicated to enriching community engagement with arts and culture. They accomplish this by preserving and managing The Lyric Theatre. The organization collaborates with local arts groups to offer a variety of films, live performances, and arts-related information. Beyond this, The Lyric Council plays a significant role in promoting arts and culture in the New River Valley by showcasing regional arts organizations, disseminating information about arts events, and offering a platform for resource sharing, network building, and communication facilitation.
Official website here: www.thelyric.com
Is The Lyric Council Inc legitimate?
The Lyric Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lyric Council 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $164,916
For more financial information, click here
Official website here: www.thelyric.com
What is the mission statement of The Lyric Council Inc?
The Lyric Council's mission is centered around boosting community involvement in the arts and culture sector. It achieves this by taking care of and preserving The Lyric Theatre. The organization collaborates with local arts groups to present a variety of films, live performances, and arts-related information. Furthermore, The Lyric Council encourages and supports arts and culture in the broader context by offering visibility to regional arts organizations, disseminating information on arts and cultural events, and providing a platform for sharing resources, networking, and communication within the community.
Official website here: www.thelyric.com
What is the revenue of The Lyric Council Inc?
The Lyric Council Inc's revenue in 2023 was $376,411.
Official website here: www.thelyric.com
Who are the executives of The Lyric Council Inc and what are their salaries?
The average compensation at The Lyric Council Inc during 2023 was $10,994. There are 15 employees and 200 volunteers at The Lyric Council Inc.
Here are 13 key members and their salaries:
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Official website here: www.thelyric.com
Where can I find the form 990 for The Lyric Council Inc?
The Lyric Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thelyric.com
Learn more at the official website: www.thelyric.com
Mission Statement of The Lyric Council Inc
The Lyric Council, a nonprofit organization, strives to boost community involvement in the arts and culture sector. Its primary mission is to preserve and enhance The Lyric Theatre, serving as a platform for a variety of films, live performances, and arts-related information. The organization also collaborates with local arts groups, offering a diverse array of programs that cater to the community's artistic interests. Beyond this, The Lyric Council plays a pivotal role in promoting and fostering arts and culture in the region by providing visibility for regional arts organizations, disseminating information on arts and cultural events, and facilitating the sharing of resources and networking opportunities among arts enthusiasts and professionals.
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Impact
October, 2024
The Lyric Council Inc significantly enhances community engagement in the arts and culture of the New River Valley through its stewardship of The Lyric Theatre. By preserving this historic venue, it creates a vibrant cultural hub where diverse films, live performances, and arts-related programs are offered, enriching the local arts scene.
Through partnerships with community arts groups, the organization promotes a wide array of cultural events and fosters visibility for regional arts organizations. This collaborative approach not only provides essential resources but also encourages networking and communication among artists, organizations, and the community. As a result, The Lyric Council plays a crucial role in cultivating a rich cultural landscape, fostering appreciation for the arts, and enhancing the quality of life for residents in Blacksburg, VA, and beyond.
This information is meant to be a general summary of The Lyric Council 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 2023.
- Investment Income: $606
- Program Service Revenue: $215,118
- Gross Receipts: $395,670
Assets and Liabilities:
- Total Assets: $796,421
- Total Liabilities: $12,422
- Net Assets: $783,999
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$101,342
OTHER PROGRAM REVENUE
Revenue
$4,393
EVENTS AND BENEFITS
Revenue
$72,021
THEATER AND EQUIPMENT FEES
Revenue
$22,306
ADVERTISING SLIDES
Revenue
$13,350
Organization Details
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