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Belmond Area Arts Council Lyric Theatre (42-1157960): Nonprofit Profile, 990 Financials & Due Diligence | Givalgo Discover

BA

Belmond Area Arts Council Lyric Theatre

EIN: 42-1157960

IRS ActivePublic Charity501(c)(3)Belmond, IARuling: May 1978

Due Diligence Summary

EIN 42-1157960 · Snapshot of IRS recognition, filing currency, financial health, and governance.

IRS Status

Active

Recognised May 1978

Pub 78

Listed

Eligible to receive tax-deductible contributions.

Latest Filing

Form 990 · FY2024

Period end Aug 31, 2025

Revenue (latest FY)

$491K

Expenses $271K

Operating Reserves

26.5 months

Strong reserves position.

Governance Flags

1 flag

no conflict-of-interest policy

Sector

Uncategorized

AI Organization Overview

Mission Statement

Organization's mission or most significant activities are to promote cultural arts in the north central Iowa area, including the jenison meacham memorial art center and farm. The farm site includes many agricultural artifacts. The art center has a permanent collection and hosts various art shows during the year.

Organization Details

Tax Status: 501(c)(3)
IRS Ruling: May 1978
Deductibility: Public Charity (Tax-deductible)
Tax Period: FY2024

Contact

PO Box 182
Belmond, IA 50421

Principal Officer

Pamela M Trausch

Financial Snapshot

Total Revenue

$491K

FY2024

Total Expenses

$271K

FY2024

Net Assets

$1.2M

Program Ratio

100.0%

expenses on programs

Employees

6

Volunteers

50

Location

Governance

Conflict of Interest Policy

Whistleblower Policy

Document Retention Policy

Financial Statements Audited

Board Members

12

Voting

12

Independent

Frequently asked questions about Belmond Area Arts Council Lyric Theatre

8 answers compiled from IRS Form 990, BMF, Pub 78, and the Auto-Revocation List.

Is Belmond Area Arts Council Lyric Theatre a tax-exempt 501(c)(3)?: Yes. Belmond Area Arts Council Lyric Theatre is recognised by the IRS as a 501(c)(3) organisation (EIN 42-1157960). The IRS recognised Belmond Area Arts Council Lyric Theatre as tax-exempt in May 1978.
What is Belmond Area Arts Council Lyric Theatre's EIN?: Belmond Area Arts Council Lyric Theatre's Employer Identification Number (EIN) is 42-1157960. The EIN was assigned by the IRS in May 1978. Donors and grantmakers use the EIN to verify tax-exempt status with the IRS.
What does Belmond Area Arts Council Lyric Theatre do?: Organization's mission or most significant activities are to promote cultural arts in the north central Iowa area, including the jenison meacham memorial art center and farm. The farm site includes many agricultural artifacts. The art center has a permanent collection and…
Where is Belmond Area Arts Council Lyric Theatre located?: Belmond Area Arts Council Lyric Theatre is located at PO Box 182, Belmond, IA, 50421.
When was Belmond Area Arts Council Lyric Theatre founded or recognised by the IRS?: Belmond Area Arts Council Lyric Theatre was recognised by the IRS as a tax-exempt organisation in May 1978. The IRS ruling date is the earliest authoritative date available for most US nonprofits.
What is Belmond Area Arts Council Lyric Theatre's annual revenue?: On its most recent Form 990 (fiscal year 2024), Belmond Area Arts Council Lyric Theatre reported $491K in total revenue and $271K in total expenses.
Has Belmond Area Arts Council Lyric Theatre been auto-revoked by the IRS?: No. Belmond Area Arts Council Lyric Theatre (EIN 42-1157960) does not appear on the IRS Auto-Revocation List. Givalgo Discover cross-references the IRS Auto-Revocation List on every profile load; if status changes, this page reflects it.
Is Belmond Area Arts Council Lyric Theatre listed in IRS Publication 78?: Yes. Belmond Area Arts Council Lyric Theatre is listed in IRS Publication 78 as an organisation eligible to receive tax-deductible charitable contributions. Pub 78 status is the canonical IRS signal that donations to an org are deductible.