Lubbock Community Theatre Inc
- Assets
- $1.2m
- Revenue
- $696.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Lubbock, TX
- Founding
- 11/1989
- Data as of
- 06/2022
- EIN
- 75-2278970
Organization Overview
Lubbock Community Theatre Inc is located in Lubbock, TX. The organization was established in 1989. According to its NTEE Classification (A65) the organization is classified as: Theater, 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. Lubbock Community Theatre 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 06/2022, Lubbock Community Theatre Inc generated $696.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $545.4k during the year ending 06/2022. While expenses have increased by 13.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE CULTURAL AND PERFORMING ARTS PROGRAMS FOR OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LCT TYPICALLY PRODUCES 5-6 MAIN SEASON SHOWS. THESE CONSIST OF A MIXED SLATE OF COMEDIES, DRAMAS, AND MUSICALS. WE USUALLY EMPLOY UPWARDS OF 300 CONTRACT LABORERS/ARTISTS. WE TYPICALLY SELL SEATS BETWEEN 6,000-8,000.
LCTS YOUTH PROGRAM IS FOCUSED ON STUDENT-LED PRODUCTIONS WHERE CHILDREN ARE CAST AND CREW. YOUNG PEOPLE WITH HELP FROM MENTORS STAGE MANAGE, RUN THE BOARD, BOX OFFICE, AND THE SHOW. THEY ALSO HAVE A STUDENT LED BOARD WHERE THEY HELP MAKE DECISIONS ON WHAT SHOWS, WORKSHOPS, AND COMMUNITY SERVICE PROJECTS THEY WILL SUPPORT.
LCT HAS YEAR-ROUND PROGRAMMING THAT INCLUDES MORE THAN JUST PERFORMANCES. AUXILIARY PROGRAMMING INCLUDES LCT'S BIG MOVE, SING!PLAY!LEARN!, SIP & PAINT, AND SUMMER CLASSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Umstot President | Officer | 1 | $0 |
Mark Gentry Vice President | Officer | 1 | $0 |
Beth Brown Secretary | Officer | 1 | $0 |
Heather May Executive Dir. | Trustee | 40 | $0 |
Zackery Kocurek Director | Trustee | 1 | $0 |
Donna Hopkins Director | Trustee | 1 | $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 | $696,144 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $696,144 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,620 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $111,366 |
| Advertising and promotion | $31,939 |
| Office expenses | $13,577 |
| Information technology | $15,854 |
| Royalties | $13,847 |
| Occupancy | $157,800 |
| Travel | $1,753 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $19,907 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $18,343 |
| All other expenses | $1,892 |
| Total functional expenses | $545,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $376,469 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,000 |
| 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 | $783,992 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,180,461 |
| 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 | $622,453 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $402,767 |
| Total liabilities | $1,025,220 |
| Net assets without donor restrictions | $155,241 |
| 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 | $1,180,461 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Lubbock Community Theatre Inc has recieved totaling $55,686.
| Awarding Organization | Amount |
|---|---|
Civic Lubbock Inc Lubbock, TX PURPOSE: TO ASSIST THE ORGANIZATION IN PUTTING ON COMMUNITY AND CHILDREN'S THEATER PROGRAMS. | $25,600 |
Sessions Family Foundation Inc Lubbock, TX PURPOSE: PERFORMING ARTS & ART EDUCATION | $20,000 |
Community Foundation Of West Texas Lubbock, TX PURPOSE: LCT'S YOUTH ARTISTS GUILD SEASON AND PAC FUND | $10,024 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $62 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alley Theatre Houston, TX | $99,755,068 | $20,544,932 |
Austin Theatre Alliance Austin, TX | $11,051,816 | $12,251,946 |
Theatre Squared Inc Fayetteville, AR | $37,817,681 | $7,945,309 |
Dallas Theater Center Dallas, TX | $4,686,048 | $4,047,540 |
Theatre Under The Stars Inc Houston, TX | $18,210,122 | $4,859,811 |
Zachary Scott Theater Center Austin, TX | $13,760,280 | $6,657,993 |
A D Players Houston, TX | $31,582,319 | $3,073,769 |
Creative Action Austin, TX | $3,479,965 | $2,986,946 |
Plano Childrens Theatre Plano, TX | $1,873,883 | $3,548,642 |
Main Street Theater Houston Houston, TX | $3,176,471 | $2,765,553 |
Lyric Theatre Of Oklahoma Inc Oklahoma City, OK | $13,499,880 | $4,030,124 |
International Alliance Theatrical Stage Employees & Moving Picture New Orleans, LA | $12,003,795 | $3,171,295 |