Lubbock Moonlight Musicals Inc
- Assets
- $1.0m
- Revenue
- $331.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Lubbock, TX
- Founding
- 01/2006
- Data as of
- 12/2022
- EIN
- 20-3575558
Organization Overview
Lubbock Moonlight Musicals Inc is located in Lubbock, TX. The organization was established in 2006. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Lubbock Moonlight Musicals Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lubbock Moonlight Musicals Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Lubbock Moonlight Musicals Inc generated $331.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $485.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRODUCTION AND PRESENTATION OF FAMILY ORIENTED MUSICALS, PROVIDING MUSICAL FEATURE ENTERTAINMENT FOR LUBBOCK AND THE SOUTH PLAINS, AND SERVING MORE THAN 50,000 PERSONS ANNUALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSICALS PRESENTED INCLUDE: HAIRSPRAY, NEWSIES, INTO THE WOODS
MOONLIGHT ARTS ACADEMY IS A TRAINING PROGRAM FOR YOUNG PEOPLE AGES 5-18 WHO DESIRE SPECIFIC KNOWLEDGE IN AREAS OF MUSICAL THEATRE PRODUCTION. PROGRAM BEGAN IN 2014.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald Dolter Founder & Ar | OfficerTrustee | 2 | $12,000 |
Betsy Bass Vp/treasurer | OfficerTrustee | 3 | $0 |
Mitchell Britton Technical Li | Trustee | 2 | $0 |
Mallory Flores Secretary | OfficerTrustee | 4 | $0 |
Lory Ioppolo Head Of Fund | Trustee | 2 | $0 |
Dimitri Pappas President | OfficerTrustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $139,286 |
| All other contributions, gifts, grants, and similar amounts not included above | $71,941 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $211,227 |
| Total Program Service Revenue | $109,190 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,950 |
| Net Gain/Loss on Asset Sales | $4,698 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $331,130 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $131,388 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,427 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,158 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $121,428 |
| Advertising and promotion | $17,423 |
| Office expenses | $598 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,069 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,945 |
| Insurance | $4,355 |
| All other expenses | $29,517 |
| Total functional expenses | $485,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $299,926 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,188 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $722,478 |
| Investments—publicly traded securities | $2,982 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,033,574 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $365,289 |
| Unsecured mortgages and notes payable | $273,960 |
| Other liabilities | $0 |
| Total liabilities | $639,249 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $140,555 |
| Retained earnings, endowment, accumulated income, or other funds | $253,770 |
| Total liabilities and net assets/fund balances | $1,033,574 |
Grants Awarded
Over the last fiscal year, Lubbock Moonlight Musicals Inc has awarded $11,182 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS TECH UNIV SCHOOL OF MUSIC PURPOSE: VOICE SCHOLARSHIPS | $6,000 |
BOOKER T WASHINGTON HSFPA PURPOSE: OPERA PROGRAM | $1,500 |
JUNIOR LEAGUE OF LUBBOCK | | | $3,682 |