Palette Masque And Lyre
- Assets
- $595.6k
- Revenue
- $76.5k
- Investments
- $0.0
- Employees
- 15
- Location
- Antioch, IL
- Founding
- 09/1987
- Data as of
- 08/2021
- EIN
- 36-3487153
Organization Overview
Palette Masque And Lyre is located in Antioch, IL. The organization was established in 1987. 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 08/2021, Palette Masque And Lyre employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palette Masque And Lyre 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 08/2021, Palette Masque And Lyre generated $76.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.0%) each year. All expenses for the organization totaled $54.9k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (18.5%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE CULTURAL EXPERIENCES FOR THE COMMUNITY THROUGH THEATRE, ART, MUSIC AND CHILDREN'S EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THEATRICAL PRODUCTIONS: DUE TO COVID SHUTDOWN, THERE WERE NO PRODUCTIONS PRODUCED DURING THIS FISCAL YEAR, THEREFORE NO PROGRAM REVENUE GENERATED. SOME MINOR EXPENSES WERE INCURRED RELATED TO (1) MARKETING-- GENERAL UPDATES; PLANS FOR THE FUTURE, ETC, AND (2) A FEW EXPENSES IN ANTICIPATION OF THE UPCOMING SEASON SUCH AS PERUSAL COPIES OF SCRIPTS, ETC. WE ANTICIPATE NEXT FISCAL YEAR WILL BE CLOSER TO A MORE NORMAL YEAR FOR PROGRAM SERVICES.
CHILDREN'S THEATRE WORKSHOP: A SUMMER WORKSHOP OR CHILDREN TEACHING MANY THEATRICAL SKILLS INCLUDING AUDITIONS, SET BUILDING, SOUND, MUSIC, COSTUMING, ETC. THIS CULMINATES TO A PUBLIC PERFORMANCE INVOLVING ALL PARTICIPANTS DUE TO COVID CLOSURE THIS WORKSHOP WS NOT PLANNED OR HELD. THEREFORE THERE WERE NO EXPENSES AND NO INCOME ASSOCIATED WITH THIS PROGRAM SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deane Jones Vp- Operations | Officer | 4 | $0 |
Christen Dominguez President | Officer | 10 | $0 |
Guy Finley Vp-Marketing | Officer | 8 | $0 |
Michelle Self Vp- Production | Officer | 4 | $0 |
Terry O'brien Treasurer | Officer | 3 | $0 |
Tiffany Moorman Recording Secretary | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $69,708 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,237 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,945 |
| Total Program Service Revenue | $0 |
| Investment income | $51 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $275 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $76,466 |
| 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 | $1,835 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $140 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,437 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,586 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,698 |
| Insurance | $4,214 |
| All other expenses | $0 |
| Total functional expenses | $54,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,273 |
| Savings and temporary cash investments | $103,570 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $2,234 |
| Net Land, buildings, and equipment | $420,509 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $595,586 |
| Accounts payable and accrued expenses | $73 |
| Grants payable | $0 |
| Deferred revenue | $3,356 |
| 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 | $77,300 |
| Unsecured mortgages and notes payable | $34,500 |
| Other liabilities | $0 |
| Total liabilities | $115,229 |
| Net assets without donor restrictions | $480,357 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $595,586 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Palette Masque And Lyre has recieved totaling $151.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $151 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Repertory Theatre Of St Louis Saint Louis, MO | $11,243,335 | $8,131,352 |
Theater League Inc Kansas City, MO | $27,534,408 | $1,974,369 |
American Players Theatre Of Wisconsin Inc Spring Green, WI | $23,897,771 | $10,669,807 |
Kansas City Repertory Theatre Inc Kansas City, MO | $16,549,534 | $6,035,764 |
Actors Theatre Of Louisville Inc Louisville, KY | $21,191,144 | $5,821,422 |
Black Ensemble Theater Corporation Chicago, IL | $20,384,078 | $7,980,643 |
Indiana Repertory Theatre Inc Indianapolis, IN | $37,888,080 | $6,579,183 |
Lookingglass Theatre Company Chicago, IL | $2,356,485 | $3,866,114 |
Pabst Theater Foundation Inc Milwaukee, WI | $14,353,453 | $8,621,639 |
Writers Theatre Inc Glencoe, IL | $34,601,018 | $3,459,112 |
Northlight Theatre Inc Skokie, IL | $4,541,751 | $5,261,780 |
First Stage Milwaukee Inc Performing Arts Center Milwaukee, WI | $6,621,805 | $4,479,947 |