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LYRIC Preforming Arts Company (75-2952031) — Nonprofit Profile, 990 Financials & Due Diligence | Givalgo Discover

LYRIC Preforming Arts Company

DBA: N/A

Other name: LYRIC Performing Arts Company Inc

EIN: 75-2952031

IRS ActivePublic Charity501(c)(3)EducationBrownwood, TXRuling: October 2002

Due Diligence Summary

EIN 75-2952031 · Snapshot of IRS recognition, filing currency, financial health, and governance.

Pro diligence preview

IRS Status

Active

Recognised October 2002

Pub 78

Listed

Eligible to receive tax-deductible contributions.

Latest Filing

Form 990 · FY2024

Period end Dec 31, 2024

Revenue (latest FY)

$470K

Expenses $519K

Operating Reserves

1 months

Under 3 months — below governance norms.

Governance Flags

No flags detected

Common Form 990 governance flags are clear.

Sector

Education

NTEE B99

AI Organization Overview

Mission Statement

To provide excellence in cultural entertainment while offering opportunities for local involvement in the arts.

Organization Details

Tax Status: 501(c)(3)
IRS Ruling: October 2002
Deductibility: Public Charity (Tax-deductible)
Tax Period: FY2024

Contact

PO BOX 1886
Brownwood, TX 76804

www.brownwoodlyrictheatre.com

Principal Officer

Gene Deason

Financial Snapshot

Total Revenue

$470K

FY2024

Total Expenses

$519K

FY2024

Net Assets

$2.2M

Program Ratio

91.7%

expenses on programs

Employees

9

Volunteers

100

Location

Governance

Conflict of Interest Policy

Whistleblower Policy

Document Retention Policy

Financial Statements Audited

Board Members

15

Voting

15

Independent

Frequently asked questions about LYRIC Preforming Arts Company

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

Is LYRIC Preforming Arts Company a tax-exempt 501(c)(3)?: Yes — LYRIC Preforming Arts Company is recognised by the IRS as a 501(c)(3) organisation (EIN 75-2952031). The IRS recognised LYRIC Preforming Arts Company as tax-exempt in October 2002.
What is LYRIC Preforming Arts Company's EIN?: LYRIC Preforming Arts Company's Employer Identification Number (EIN) is 75-2952031. The EIN was assigned by the IRS in October 2002. Donors and grantmakers use the EIN to verify tax-exempt status with the IRS.
What does LYRIC Preforming Arts Company do?: To provide excellence in cultural entertainment while offering opportunities for local involvement in the arts.
Where is LYRIC Preforming Arts Company located?: LYRIC Preforming Arts Company is located at PO BOX 1886, Brownwood, TX, 76804.
When was LYRIC Preforming Arts Company founded or recognised by the IRS?: LYRIC Preforming Arts Company was recognised by the IRS as a tax-exempt organisation in October 2002. The IRS ruling date is the earliest authoritative date available for most US nonprofits.