Lyra
- Assets
- $29.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Paul, MN
- Founding
- 07/1985
- Data as of
- 06/2021
- EIN
- 36-3369159
Organization Overview
Lyra, operating under the name Lyra Baroque Orchestra, is located in Saint Paul, MN. The organization was established in 1985. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lyra Baroque Orchestra 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 06/2021, Lyra Baroque Orchestra generated $181.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $157.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE LYRA BAROQUE ORCHESTRA PRODUCED A SERIES OF VIRTUAL CONCERTS IN RESPONSETO THE ONGOING COVID-19 PANDEMIC, CREATING WORK FOR 40 ARTISTS DURING THE TIME OF ECONOMIC HARDSHIP. OUR PROGRAMMING REACHED APPROXIMATELY 1530 ONLINE VIEWERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Thompson Director | 5 | $1,993 | |
Margaret Sullivan President | 10 | $0 | |
Phebe Haugen Secretary | 5 | $0 | |
Bonnie Turpin Tresurer | 5 | $0 | |
Sussan Flygare Director | 5 | $0 | |
Stuart Holland Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $160,324 |
| Total Program Service Revenue | $21,584 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $181,908 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $100,106 |
| Occupancy, rent, utilities, and maintenance | $12,220 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $44,692 |
| Total expenses | $157,018 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,859 |
| Other assets | $0 |
| Total assets | $29,934 |
| Total liabilities | $0 |
| Net assets or fund balances | $29,934 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Lyra has recieved totaling $10,810.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $10,800 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Orchestral Association Minneapolis, MN | $187,473,763 | $23,588,719 |
Milwaukee Symphony Orchestra Inc Milwaukee, WI | $122,941,209 | $33,243,126 |
Saint Paul Chamber Orchestra Society St Paul, MN | $57,703,244 | $22,202,532 |
Madison Symphony Orchestra Inc Madison, WI | $6,807,074 | $3,792,114 |
Des Moines Symphony Association Des Moines, IA | $12,208,795 | $2,653,432 |
Milwaukee Youth Symphony Orchestra Inc Milwaukee, WI | $9,958,210 | $2,491,222 |
South Dakota Symphony Orchestra Sioux Falls, SD | $2,471,738 | $2,231,218 |
Quad City Symphony Orchestra Association Davenport, IA | $1,491,842 | $2,535,869 |
Wisconsin Chamber Orchestra Inc Madison, WI | $6,414,052 | $3,173,196 |
Orchestra Iowa Inc Cedar Rapids, IA | $6,413,175 | $1,876,177 |
Greater Twin Cities Youth Symphonies St Paul, MN | $1,493,786 | $1,297,904 |
Dubuque Symphony Orchestra Dubuque, IA | $3,373,289 | $1,369,482 |