Lyric Fest
- Assets
- $232.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Philadelphia, PA
- Founding
- 09/2004
- Data as of
- 06/2021
- EIN
- 83-0375561
Organization Overview
Lyric Fest is located in Philadelphia, PA. The organization was established in 2004. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Lyric Fest employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lyric Fest 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, Lyric Fest generated $183.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $172.3k during the year ending 06/2021. While expenses have increased by 0.7% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
LYRIC FEST WAS CONCEIVED TO BRING PEOPLE TOGETHER THROUGH THE SHARED EXPERIENCE OF SONG. BY BLENDING SINGERS AND A PIANIST IN AN INTIMATE SETTING AND THEN ADDING THE SPOKEN WORD, AUDIENCE INTERACTION AND EVEN DANCE, LYRIC FEST OFFERS UNIQUE AND LIVELY CONCERTS TO THE PHILADELPHIA COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dimitrios Diamantaras Ph D Board Member | 2 | $0 | |
Lauren Meyer Secretary | 2 | $0 | |
William L Leonard Board Member | 2 | $0 | |
Peter Phillips Board Member | 2 | $0 | |
Jane Kamp President-P | 2 | $0 | |
Jessica Cooper Board Member-N | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $183,308 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $410 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $183,718 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $92,646 |
| Professional fees and other payments to independent contractors | $2,750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $240 |
| Other expenses | $76,709 |
| Total expenses | $172,345 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $217,459 |
| Other assets | $0 |
| Total assets | $232,100 |
| Total liabilities | $0 |
| Net assets or fund balances | $232,100 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Lyric Fest has recieved totaling $46,500.
| Awarding Organization | Amount |
|---|---|
The John K & Elizabeth W Knorr Charitable Foundation Philadelphia, PA PURPOSE: LYRIC FEST SEASON 2021/22 | $20,000 |
Presser Foundation Philadelphia, PA PURPOSE: ADVANCEMENT OF MUSIC | $7,500 |
Presser Foundation Philadelphia, PA PURPOSE: ADVANCEMENT OF MUSIC | $7,500 |
Presser Foundation Philadelphia, PA PURPOSE: CAPITAL SUPPORT | $5,000 |
Presser Foundation Philadelphia, PA PURPOSE: CAPITAL SUPPORT | $5,000 |
Lida Foundation Philadelphia, PA PURPOSE: GENERAL SUPPORT | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uncommon Schools Inc New York, NY | $293,550,038 | $84,601,875 |
Educational Commission For Foreign Medical Graduates Philadelphia, PA | $218,692,756 | $72,786,979 |
Summit Academy Management Akron, OH | $25,217,091 | $45,520,259 |
Ohio Connections Academy Inc Mason, OH | $14,548,496 | $44,580,487 |
Amsterdam House Continuing Care Retirement Community Inc Port Washington, NY | $223,728,704 | $36,044,280 |
Sponsors For Educational Opportunity Inc New York, NY | $71,324,699 | $43,724,114 |
Leadership For Educational Equity New York, NY | $8,736,194 | $32,582,451 |
Foundation For City College New York, NY | $332,549,861 | $102,453,904 |
Transcend Inc Hastingsonhudson, NY | $40,245,682 | $36,384,149 |
Achieving The Dream Inc Silver Spring, MD | $48,979,373 | $23,156,070 |
Camc Health Education And Research Institute Inc Charleston, WV | $10,132,150 | $15,955,209 |
The Baruch College Fund New York, NY | $295,690,612 | $67,294,185 |