LYRIC THEATRE COMPANY

EIN: 237349046 501(c)(3) Arts, Culture & Humanities

SOUTH BURLINGTON, VT

Total Revenue
$618,929
Total Expenses
$641,344
Total Assets
$2,179,390
Net Assets
$1,919,372
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
VT
Principal Officer
ERIN EVARTS
Phone
8026581484
Tax Period
2022-07-01 to 2023-06-30

LYRIC THEATRE COMPANY, founded in 1973, is a small nonprofit in the Arts, Culture & Humanities sector that reported $619K in total revenue in fiscal year 2022. Revenue surged 46% from the prior year, signaling strong growth momentum. Net assets of $1.9M represent 37 months of operating reserves.

Mission

THE MISSION OF LYRIC THEATRE COMPANY IS TO PRODUCE MUSICALS AND OTHER PERFORMING ARTS OF PROFESSIONAL QUALITY FOR NORTHERN NEW ENGLAND.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $223,745
Program Service Revenue $408,787
Investment Income $1,913
Other Revenue $-15,516
TOTAL REVENUE $618,929

Expense Breakdown

Grants Paid $0
Salaries & Benefits $128,892
Fundraising Expenses $15,401
Program Expenses $478,195
Other Expenses $512,452
TOTAL EXPENSES $641,344

Year-over-Year Comparison

2022 2021 Change
Revenue $618,929 $424,881 +0.5%
Expenses $641,344 $411,802 +0.6%
Net Income $-22,415 $13,079 -2.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
15
Employees
3
Volunteers
366

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$69,271
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIN EVARTS EXECUTIVE DI 45.00
Officer
$58,300 $10,971 $69,271
SERENA MAGNAN O'CONNELL BOARD CHAIR 1.00
Officer Director
$0 $0 $0
HILLARY READ BOARD VICE C 1.00
Officer Director
$0 $0 $0
STEPHEN KENDALL BOARD TREASU 1.00
Officer Director
$0 $0 $0
NATE VENET BOARD SECRET 1.00
Officer Director
$0 $0 $0
KERRY FARRELL MEMBER 1.00
Director
$0 $0 $0
CHERI FORSYTHE MEMBER 1.00
Director
$0 $0 $0
JOHN GRAVEL MEMBER 1.00
Director
$0 $0 $0
KYLIE HALPIN MEMBER 1.00
Director
$0 $0 $0
HOWARD KALFUS MEMBER 1.00
Director
$0 $0 $0
MARY MARGARET LEE MEMBER 1.00
Director
$0 $0 $0
VONNIE MURAD MEMBER 1.00
Director
$0 $0 $0
ANDY PEARSON MEMBER 1.00
Director
$0 $0 $0
REBECCA RASKIN MEMBER 1.00
Director
$0 $0 $0
JENNIFER WARWICK MEMBER 1.00
Director
$0 $0 $0
DOROTHY WRIGHT MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $618,929 $641,344 $2,179,390 $-22,415
2022 $424,881 $411,802 $2,231,611 $13,079
2021 $235,701 $255,798 $2,272,354 $-20,097
2020 $395,044 $443,454 $2,279,751 $-48,410
2019 $936,763 $597,472 $2,326,083 $339,291
2018 $460,498 $488,241 $1,998,788 $-27,743
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