Lux Center For The Arts is located in Lincoln, NE. The organization was established in 1981. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Lux Center For The Arts employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lux Center For The Arts 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, Lux Center For The Arts generated $900.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $917.1k during the year ending 06/2023. While expenses have increased by 13.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF LUX CENTER FOR THE ARTS IS TO PROMOTE AND HELP ACHIEVE A GREATER UNDERSTANDING AND APPRECIATION OF ART BY PROVIDING A WIDE VARIETY OF QUALITY ART SHOWN IN A PROFESSIONAL ATMOSPHERE FOR THE ENJOYMENT OF THE COMMUNITY AND FOR THE BENEFIT AND INSTRUCTION OF STUDENTS OF THE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE VISUAL ARTS LEARNING OPPORTUNITIES FOR THE PUBLIC: ART CLASSES FOR YOUTH AND ADULTS; ARTISTS' LECTURES; ART OF FINE CRAFT CONFERENCE; GALLERY TOURS; AND COLLABORATE WITH OTHER ORGANIZATIONS TO OFFER HANDS-ON-ART PROJECTS. CONTINUE TO PRESERVE LUX COLLECTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Adam Morfeld Chair | OfficerTrustee | 1 | $0 |
Alexandara Roth Secretary | OfficerTrustee | 1 | $0 |
Graham Pansing Brooks Treasurer | OfficerTrustee | 1 | $0 |
Shawn Ryba Former Chair | OfficerTrustee | 1 | $0 |
Jami Fristo Director | Trustee | 1 | $0 |
Nic Norman Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $11,942 |
Membership dues | $4,200 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $211,621 |
All other contributions, gifts, grants, and similar amounts not included above | $327,430 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $555,193 |
Total Program Service Revenue | $195,102 |
Investment income | $5,526 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$8,843 |
Net Income from Fundraising Events | $73,836 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $50,634 |
Miscellaneous Revenue | $0 |
Total Revenue | $900,657 |
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. | $68,784 |
Compensation of current officers, directors, key employees. | $13,757 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $455,973 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $48,297 |
Payroll taxes | $44,109 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $25,605 |
Advertising and promotion | $38,035 |
Office expenses | $8,836 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $27,337 |
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 | $70,718 |
Insurance | $18,764 |
All other expenses | $17,924 |
Total functional expenses | $917,123 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $274,139 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $715 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $14,571 |
Prepaid expenses and deferred charges | $5,723 |
Net Land, buildings, and equipment | $1,358,505 |
Investments—publicly traded securities | $0 |
Investments—other securities | $140,460 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $420,771 |
Total assets | $2,214,884 |
Accounts payable and accrued expenses | $19,638 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $20,507 |
Total liabilities | $40,145 |
Net assets without donor restrictions | $2,039,403 |
Net assets with donor restrictions | $135,336 |
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 | $2,214,884 |