2024-02-02T12:05:10-06:00 2023-06-30 521707356 NARDONE PRIDGEON & COMPANY PA 201 W PADONIA ROAD STE 400 TIMONIUM MD 21093 990 2022-07-01 526080460 LYRIC FOUNDATION INC LYRI 4109001155 110 WEST MOUNT ROYAL AVENUE 101 BALTIMORE MD 21201 JONATHAN SCHWARTZ EXECUTIVE DIRECTOR 4109001155 2024-01-23 1 JONATHAN SCHWARTZ 999009999 0 GREGORY E TRIMBLE P00221526 4104530060 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JONATHAN SCHWARTZ 110 WEST MOUNT ROYAL AVENUE STE 101 BALTIMORE MD 21201 9818271 0 X HTTPS://LYRICBALTIMORE.COM/ X 501(C)(3) 1968 MD THE PRESERVATION AND OPERATION OF THE LYRIC AS A HISTORIC MONUMENT AND FOR THE ADVANCEMENT OF THE PERFORMING ARTS. 20 20 5 0 0 0 2731103 1588786 5944628 7935254 3213 3243 417302 290988 9096246 9818271 0 0 0 0 1595370 2192096 0 0 242928 6556646 7691193 8152016 9883289 944230 -65018 18897043 22226755 5703669 8823082 13193374 13403673 THE PRESERVATION AND OPERATION OF THE LYRIC AS A HISTORIC MONUMENT AND FOR THE ADVANCEMENT OF THE PERFORMING ARTS. 0 0 9072958 8226242 THE PRESERVATION AND OPERATION OF THE LYRIC FOR THE ADVANCEMENT OF THE PERFORMING ARTS. 9072958 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 11 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 1 1 0 MD X X JONATHAN SCHWARTZ 4109001153 110 WEST MOUNT ROYAL AVENUE NO 101 BALTIMORE MD 21201 X MR JOHN H DENICK ESQUIRE TRUSTEE 1.00 X 0 0 0 MR JEFFREY PENZA TRUSTEE 1.00 X 0 0 0 MR MATT NEWCOMER TRUSTEE 1.00 X 0 0 0 MRS VIOLET APPLE TRUSTEE 1.00 X 0 0 0 DR BRENDA BOWE JOHNSON TRUSTEE 1.00 X 0 0 0 MR CLEAVELAND MILLER ESQ TRUSTEE 1.00 X 0 0 0 MR STEPHEN D PALMER CHAIRMAN 5.00 X X 0 0 0 MRS MARRIAH BARNETT SECRETARY 5.00 X X 0 0 0 MR MICHAEL BRENNAN TRUSTEE 1.00 X 0 0 0 MR DAVID WITHERSPOON MBA AVA TRUSTEE 1.00 X 0 0 0 MRS JACQUELINE BROOKS VICE-CHAIRMAN 5.00 X X 0 0 0 MR BRYANT CARGILE TREASURER 5.00 X X 0 0 0 MR RICK HYMAN TRUSTEE 1.00 X 0 0 0 MRS JULIE MERCER TRUSTEE 1.00 X 0 0 0 MR ANIRBAN BASU TRUSTEE 1.00 X 0 0 0 MR HAL TURNER TRUSTEE 1.00 X 0 0 0 MRS SARAH SAWYER ESQ TRUSTEE 1.00 X 0 0 0 MR JAMES TEMPLE ESQ TRUSTEE 1.00 X 0 0 0 MR TYLER HOFFBERGER TRUSTEE 1.00 X 0 0 0 MR DAVID MORRISON TRUSTEE 1.00 X 0 0 0 MR JONATHAN SCHWARTZ EXECUTIVE DIRECTOR 40.00 X 109100 0 24565 109100 0 24565 1 0 0 0 0 1314331 274455 1588786 SHOWS 711110 7935254 7935254 7935254 3243 3243 CONCESSIONS 900099 289117 289117 MISCELLANEOUS 900099 1871 1871 290988 9818271 8226242 0 3243 X 1793833 1616970 144064 32799 18436 15345 2518 573 176670 147043 24133 5494 203157 169088 27751 6318 99490 99490 102000 84894 13938 3168 30000 30000 189213 85007 104206 37950 30360 3795 3795 44858 37335 6130 1393 152358 121886 15236 15236 670688 536550 67069 67069 SETTLEMENTS PAID 5042742 5042742 UTILITIES 447260 357808 44726 44726 THEATRE SUPPLIES & MAIN 425853 340683 42585 42585 BUSINESS INSURANCE 154366 123492 15437 15437 294415 264265 25815 4335 9883289 9072958 567403 242928 2467775 5314639 303931 306640 156730 338789 662044 32835 1319 34031180 22101267 12359712 11929913 3325475 3588548 68526 266922 18897043 22226755 382116 383835 1214282 4492041 4075116 3939206 32155 8000 5703669 8823082 X 13024038 13070148 169336 333525 13193374 13403673 18897043 22226755 -65018 275317 0 X X 0 1 X 1 1 1 X 1071960 391307 4731342 2731103 1588786 10514498 1071960 391307 4731342 2731103 1588786 10514498 362970 10151528 1450 3212 2820 3213 3243 13938 707370 81586 103701 417302 290988 1600947 12129383 25301404 0.83690 0.83930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 169336 206730 17165 59706 333525 225139 -29362 26441 169336 248253 57467 80581 225139 299163 7291 58201 248253 177070 122000 9493 9400 299163 0.53010 0.46990 1 0 677606 677606 32315036 21180550 11134486 1025662 919215 106447 12876 1502 11374 11929913 PUBLICLY TRADED SECURITIES 3588548 F 3588548 RENTAL DEPOSIT 8000 8000 X PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO PROVIDE SUPPORT FOR OPERATING ACTIVITIES AND ASSIST IN EDUCATIONAL PROGRAMS ASSOCIATED WITH THE LYRIC. PART X, LINE 2: THE FOUNDATION AND IT'S SUBSIDIARIES ADOPTED THE STANDARD ON ACCOUNTING FOR AND DISCLOSURE OF UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") CODIFICATION 740 INCOME TAXES. THE STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT REQUIRES THAT AN ENTITY RECOGNIZE IN THE FINANCIAL STATEMENTS THE IMPACT OF A TAX POSITION IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE STANDARD ALSO PROVIDES CLARIFICATION ON DE-RECOGNITION, BALANCE SHEET CLASSIFICATION, INTEREST AND PENALTIES, AND FOOTNOTE DISCLOSURES. THERE WERE NO SIGNIFICANT UNCERTAIN TAX POSITIONS TAKEN BY THE FOUNDATION, IT'S SUBSIDIARIES AND AFFILIATE AS OF JUNE 30, 2023. TAX RETURNS FOR FISCAL YEARS 2022, 2021 AND 2020 REMAIN SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PROVIDES THE GOVERNING BODY WITH A DRAFT OF THE 990. THE 990 IS REVIEWED AND APPOROVED BY THE GOVERNING BODY BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE ORGANIZATION'S EXECUTIVE DIRECTOR, MANAGEMENT AND ADMINISTRATIVE EMPLOYEES IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND ALSO ON THE MARYLAND SECRETARY OF STATE'S CHARITIES AND LEGAL SERVICES DIVISION WEBSITE. FORM 990, PART IX, LINE 24E EDUCATION PROGRAMS: PROGRAM SERVICE EXPENSES 101,653. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 101,653. CATERING FOR TALENT: PROGRAM SERVICE EXPENSES 66,891. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 66,891. CONTRACTOR: PROGRAM SERVICE EXPENSES 35,420. MANAGEMENT AND GENERAL EXPENSES 1,694. FUNDRAISING EXPENSES 386. TOTAL EXPENSES 37,500. PAYROLL FEES: PROGRAM SERVICE EXPENSES 30,173. MANAGEMENT AND GENERAL EXPENSES 4,954. FUNDRAISING EXPENSES 1,126. TOTAL EXPENSES 36,253. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 10,747. MANAGEMENT AND GENERAL EXPENSES 1,411. FUNDRAISING EXPENSES 1,279. TOTAL EXPENSES 13,437. DUES, SUBSCRIPTIONS AND FEES: PROGRAM SERVICE EXPENSES 10,175. MANAGEMENT AND GENERAL EXPENSES 1,272. FUNDRAISING EXPENSES 1,272. TOTAL EXPENSES 12,719. BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,837. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,837. SUPPLIES: PROGRAM SERVICE EXPENSES 7,284. MANAGEMENT AND GENERAL EXPENSES 1,196. FUNDRAISING EXPENSES 272. TOTAL EXPENSES 8,752. LICENSES AND FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,451. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,451. RENTAL OF EQUIPMENT: PROGRAM SERVICE EXPENSES 1,922. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,922. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS NOT CHANGED THEIR OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. LYRIC PRODUCTIONS LLC 110 WEST MOUNT ROYAL AVENUE STE 101 BALTIMORE MD 21201 526080460 LEASE, PRESENT OR OFFER PUBLIC PERFORMING ARTS PRODUCTIONS AT THE LYRIC. MD 8226242 5677710 N/A LYRIC INCORPORATED 110 WEST MOUNT ROYAL AVENUE STE 101 BALTIMORE MD 21201 520902828 INACTIVE MD N/A C 307166 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0