Overview

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Est.

1968

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

LYRIC FOUNDATION INC is a nonprofit organization dedicated to the preservation and operation of the Lyric as a historic monument while advancing the performing arts. With an operating budget of $15 million and total revenue of $14.2 million for the fiscal year 2024, the organization is supported by a diverse range of funders. For more information, visit their website at https://lyricbaltimore.com/.

Mission Statement

THE PRESERVATION AND OPERATION OF THE LYRIC AS A HISTORIC MONUMENT AND FOR THE ADVANCEMENT OF THE PERFORMING ARTS.
Revenues
$14.2M
Expenses
$15M
Net Income:
-$748K
Assets
$18.3M
Liabilities
$5.3M
Net Assets:
+$13M
Operating Budget
$15M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$2K
Largest grant received
$20.1K
J
Jonathan Schwartz
Board Member
M
MR Bryant Cargile
Board Member
M
MRS Jacqueline Brooks
Board Member

Frequently Asked Questions

What is LYRIC FOUNDATION INC’s budget?
In 2024, LYRIC FOUNDATION INC reported an annual operating budget of around $15 million. More detailed financial information is available to registered users.
What causes does LYRIC FOUNDATION INC support?
LYRIC FOUNDATION INC supports work in Performing arts.
Where does LYRIC FOUNDATION INC operate?
LYRIC FOUNDATION INC is headquartered in BALTIMORE, MD.
Who funded LYRIC FOUNDATION INC recently?
In 2024, LYRIC FOUNDATION INC received grants from BALTIMORE COMMUNITY FOUNDATION INC, JOHN C CORCKRAN JR CHARITABLE FOUNDATION, and CAMPBELL FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant LYRIC FOUNDATION INC received in 2024?
The largest grant to LYRIC FOUNDATION INC in 2024 exceeds $20 thousand.
What is LYRIC FOUNDATION INC’s reliance on government grants?
LYRIC FOUNDATION INC relied on government grants for less than 5% of their total revenue in 2024.