Thelma Gaylord Lyric Theatre Endowment Fund Inc

Analysis

Thelma Gaylord Lyric Theatre Endowment Fund Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Thelma Gaylord Lyric Theatre Endowment Fund Inc reported income of $138k and spending of $239k, spending 173% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $136k to $138k (+1.7%), an average of +0.4% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 170% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Thelma Gaylord Lyric Theatre Endowment Fund Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OK. Charities of a similar size with the same main cause include Midland Historical Society ($138k), Pittsburgh Public Media ($138k) and National Society of the Daughters of the American Revolution ($138k).

At year end it held assets of $4.9m against liabilities of $0, net assets of $4.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.