Overview
What is Lubbock Community Theatre?
Lubbock Community Theatre (LCT) is a nonprofit organization situated in Lubbock, Texas, specifically at 3101 35TH STREET. Their primary mission is to contribute to the cultural and artistic landscape of the community by presenting a diverse range of performances, including comedies, dramas, and musicals. LCT engages a substantial workforce of around 300 contracted artists and laborers. Their main season typically sees the staging of 5-6 shows, catering to an audience of 6,000 to 8,000 patrons. The organization's programs aim to enrich the local community's cultural experience and provide an avenue for creative expression.
Official website here: www.lubbockcommunitytheatre.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
Lubbock Community Theatre has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 47%, the organization lacks independent board members, which raises red flags about governance. The absence of financial statements further complicates transparency, and a high liabilities-to-assets ratio suggests potential financial instability.
Despite these shortcomings, the organization has demonstrated a commitment to its program activities, achieving a program expense ratio of 100%. However, the missing conflict of interest policy and tax forms on its website highlight a lack of adherence to best practices in nonprofit management. While the theatre's operational focus appears strong, the governance and financial issues must be addressed to improve its standing and trustworthiness.
Overall, while Lubbock Community Theatre may be fulfilling its mission through programming, the serious deficiencies in financial oversight and board independence present significant risks that potential donors and stakeholders should consider.
This AI summary has been generated from information found on Charity Navigator.
Is Lubbock Community Theatre legitimate?
Lubbock Community Theatre is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lubbock Community Theatre 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.
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Official website here: www.lubbockcommunitytheatre.org
What is the mission statement of Lubbock Community Theatre?
The Lubbock Community Theatre is dedicated to serving its community through the provision of diverse cultural and performing arts programs. Their mission is to offer a mix of comedies, dramas, and musicals, engaging a workforce of around 300 contract laborers and artists. The theatre aims to sell between 6,000 to 8,000 seats for their productions, contributing to the entertainment and artistic enrichment of the community.
Official website here: www.lubbockcommunitytheatre.org
Who is the CEO of Lubbock Community Theatre?
Mark Umstot is the President of Lubbock Community Theatre.
Official website here: www.lubbockcommunitytheatre.org
What is the revenue of Lubbock Community Theatre?
Lubbock Community Theatre's revenue in 2022 was $696,144.
Official website here: www.lubbockcommunitytheatre.org
Who are the executives of Lubbock Community Theatre and what are their salaries?
Here are 20 key members and their salaries:
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Official website here: www.lubbockcommunitytheatre.org
Where can I find the form 990 for Lubbock Community Theatre?
Lubbock Community Theatre's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lubbockcommunitytheatre.org
Learn more at the official website: www.lubbockcommunitytheatre.org
Mission Statement of Lubbock Community Theatre
Lubbock Community Theatre, a renowned entity, is dedicated to enriching its community through the provision of diverse cultural and performing arts programs. Their primary mission is to serve as a platform for showcasing a mix of comedies, dramas, and musicals, entertaining audiences with up to six main season productions annually. This nonprofit organization plays a significant role in employing a substantial number of contract laborers and artists, often exceeding three hundred individuals. Furthermore, Lubbock Community Theatre is committed to engaging with its audience, selling tickets to approximately 6,000 to 8,000 seats each year, thereby contributing to the cultural vibrancy of its community.
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Impact
July, 2024
Lubbock Community Theatre provides a vital cultural and artistic outlet for the community of Lubbock, Texas. Through their productions of 5-6 main season shows, consisting of comedies, dramas, and musicals, LCT engages and entertains the local audience. With a yearly attendance of 6,000-8,000 individuals, the impact of Lubbock Community Theatre reaches a wide range of community members. Additionally, by employing upwards of 300 contract laborers and artists, LCT contributes to the local economy and supports creative professionals in the area. Overall, Lubbock Community Theatre plays a significant role in enhancing the cultural vibrancy and artistic expression of the Lubbock community.
This information is meant to be a general summary of Lubbock Community Theatre. 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 2022.
- Program Service Revenue: $696,144
- Gross Receipts: $696,144
Assets and Liabilities:
- Total Assets: $1,180,461
- Total Liabilities: $1,025,220
- Net Assets: $155,241
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Auxiliary Programming
Revenue
$55,529
Main Season Productions
Revenue
$624,461
Youth Programs
Revenue
$16,154
Organization Details
Phone
(806) 749-2416Principal Officer
Mark Umstot
Main Address
3101 35TH STREET, LUBBOCK, TX, 79413
NTEE Category
Code: A650 - Arts
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