The Lancaster Performing Arts Center Foundation
- Assets
- $172.4k
- Revenue
- $47.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Lancaster, CA
- Founding
- 11/1990
- Data as of
- 06/2022
- EIN
- 95-4221909
Organization Overview
The Lancaster Performing Arts Center Foundation is located in Lancaster, CA. The organization was established in 1990. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, 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. Lancaster Performing Arts Center Foundation 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, Lancaster Performing Arts Center Foundation generated $47.8k 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 (9.4%) each year. All expenses for the organization totaled $34.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (12.5%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE LANCASTER PERFORMING ARTS CENTER FOUNDATION PROVIDES ONGOING SUPPORT FOR THE LANCASTER PERFORMING ARTS CENTER, A LOCAL THEATRE CONSTRUCTED TO BENEFIT THE COMMUNITY. THE FOUNDATION HAS DONATED FUNDS TO THE CITY OF LANCASTER, A.V. SYMPHONY AND OTHER LOCAL ORGANIZATIONS BENEFITING PERFORMING ARTS. THE FOUNDATION PROMOTES THE CENTER THROUGH VARIOUS GALAS AND PERFORMANCES OPEN TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LANCASTER PERFORMING ARTS CENTER FOUNDATION PROVIDES ONGOING SUPPORT FOR THE LANCASTER PERFORMING ARTS CENTER, A LOCAL THEATRE CONSTRUCTED TO BENEFIT THE COMMUNITY. THE FOUNDATION HAS DONATED FUNDS TO THE CITY OF LANCASTER, A.V. SYMPHONY AND OTHER LOCAL ORGANIZATION BENEFITING PERFORMING ARTS. THE FOUNDATION PROMOTES THE CENTER THROUGH VARIOUS GALAS AND PERFORMANCES OPEN TO THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Doerfler Treasurer | OfficerTrustee | 1 | $0 |
Jennifer Duke Secretary | OfficerTrustee | 1 | $0 |
Ric Garrison Vice President | OfficerTrustee | 1 | $0 |
Gretchen Anton Director | Trustee | 1 | $0 |
R Steven Derryberry President | OfficerTrustee | 1 | $0 |
Rebecca Smith Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,168 |
| Investment income | $346 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,311 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $47,825 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $7,000 |
| 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 to disqualified persons | $0 |
| Other salaries and wages | $19,185 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,525 |
| 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 | $721 |
| Office expenses | $1,108 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $439 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $297 |
| All other expenses | $0 |
| Total functional expenses | $34,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,253 |
| Savings and temporary cash investments | $126,169 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $172,422 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,483 |
| Total liabilities | $1,483 |
| Net assets without donor restrictions | $170,939 |
| 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 |
| Total liabilities and net assets/fund balances | $170,939 |