THE THELMA GAYLORD LYRIC THEATRE ENDOWMENT FUND Charity Report

Public IRS 990 nonprofit record

THE THELMA GAYLORD LYRIC THEATRE ENDOWMENT FUND

EIN 01-0598137 · Single Organization Support (A11)

What they do

ESTABLISHED for THE FINANCIAL SUPPORT of LYRIC THEATRE INCLUDING: A. to ESTABLISH and ADMINISTER A MONETARY FUND to BE USED for LYRIC THEATRE and ITS EDUCATIONAL and BENEVOLENT PROJECTS AS WELL AS PROMOTE LYRIC THEATRES PURPOSES. B. to PROVIDE FUNDS for ADDITIONS and IMPROVEMENTS to THE REAL and PERSONAL PROPERTY of LYRIC THEATRE and for THE REPAIRS and MAINTENANCE of LYRIC THEATRE PROPERTY. C. to PROMOTE, ENCOURAGE and ENHANCE BENEVOLENT GIVING BY THE PATRONS of LYRIC THEATRE and OTHERS BY THE SOLICITATION, ACCEPTANCE, and RECEIPT of CONTRIBUTIONS FROM INDIVIDUALS and OTHERS to BE USED BY THE ORGANIZATION IN THE FURTHERENCE FO LYRIC THEATRES PURPOSES. D. to PROVIDE AN ENTITY to WHICH THE PRESENT and FUTURE ENDOWMENT FUNDS of LYRIC THEATRE MAY BE TRANSFERRED for INVESTMENT and ADMINISTRATION IN CONFORMITY WITH THE CHARITABLE, THEATRE and EDUCATIONAL PURPOSES of LYRIC THEATRE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $94.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

308.12%of revenue went to mission work94.5% of expenses · Program services

$325.99spent for every $100 of revenueSpending was higher than revenue this year.

17.87%of revenue went to management and office costs5.5% of expenses

$8.89in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $379,584 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$167,966

Mission workProgram services$517,529308.12% of revenue94.5% of expenses

ManagementOffice and general costs$30,02117.87% of revenue5.5% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$547,550325.99% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 94.5% mission · 5.5% management · 0.0% fundraisingTotal expenses: 325.99% of revenue

2023Expense mix: 88.1% mission · 11.9% management · 0.0% fundraisingTotal expenses: 172.57% of revenue

2022Expense mix: 87.5% mission · 12.5% management · 0.0% fundraisingTotal expenses: 228.55% of revenue

2021Expense mix: 86.0% mission · 14.0% management · 0.0% fundraisingTotal expenses: 150.29% of revenue

2020Expense mix: 85.0% mission · 15.0% management · 0.0% fundraisingTotal expenses: 151.04% of revenue

Money in and money out

Revenue$167,966

Expenses$547,550

Annual shortfall $379,584 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$517,529 · 94.5% of expenses

Management and office costs$30,021 · 5.5% of expenses

See all reported dollar amounts

Revenue$167,966

Expenses$547,550

Assets$4,866,796

Income$167,966

Mission work (program services)$517,529

Grants given$1,273,017

Average grant$254,603

Management and general$30,021

Stocks and bonds$3,740,005

Investing fees$30,021

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (10)

BLAKE LAWRENCEBOARD MEMBER

CARL SHORTTPRESIDENT

DAVID DOBSONSECRETARY

DEBORAH MINARDBOARD MEMBER

JON TRUDGEONBOARD MEMBER

PATRICIA AUSTINBOARD MEMBER

RANDY COMPTONBOARD MEMBER

RICHARD RIGGSBOARD MEMBER

ROBERT MCKOWNBOARD MEMBER

SARAH FISHERLYRIC THEATRE PAST PRESIDENT

About this charity

Recognized since: January 2004
Location: 1727 NW 16TH ST, OKLAHOMA CITY, OK 73106-2067
County: Oklahoma
In care of: % MARK A ROBERTSON
Primary officer: CARL SHORTT, PRESIDENT

How to reach them

Phone(405) 524-9310

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: HSPG & ASSOCIATES PC
NTEE classification: Single Organization Support (A11)
IRS tax category: Single Organization Support
Grant-giving organization: Yes