Lyric Opera Of Kansas City Fdn

Organization Overview

Lyric Opera Of Kansas City Fdn is located in Kansas City, MO. The organization was established in 2010. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Lyric Opera Of Kansas City Fdn 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 06/2023, Lyric Opera Of Kansas City Fdn generated $422.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.2%) each year. All expenses for the organization totaled $613.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO FUND AND SUPPORT THE ARTISTIC ADVANCEMENT AND ENHANCE THE QUALITY OF THE LYRIC OPERA OF KANSAS CITY'S PRODUCTIONS, EDUCATION AND SINGER TRAINING PROGRAMS THROUGH ITS PERMANENT ENDOWMENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION'S PRIMARY PURPOSE IS TO SUPPORT THE LYRIC OPERA OF KANSAS CITY ARTISTIC EXCELLENCE AND COMMUNITY ENGAGEMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Phyllis G Leach
President
$0
Michael D Fields
Vice-President
$0
Mark T Benedict
Secretary
$0
J Michael Sigler
Treasurer
$0
Craig Evans
Board Member
$0
Joyce G Holland
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $256,654
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $165,565
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $422,219

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