LA CROSSE PERFORMING ARTS CENTER INC

EIN: 453799708 501(c)(3) Arts, Culture & Humanities

LA CROSSE, WI

Total Revenue
$353,492
Total Expenses
$604,366
Total Assets
$6,414,200
Net Assets
$6,361,617
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
WI
Principal Officer
JAY LOKKEN
Phone
6087849292
Tax Period
2024-01-01 to 2024-12-31

LA CROSSE PERFORMING ARTS CENTER INC, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $353K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $604K exceeded revenue, resulting in a 71% operating deficit.

Mission

THE WEBER CENTER FOR THE PERFORMING ARTS IS A COLLABORATIVE VENUE SUPPORTING THE MISSIONS OF LA CROSSE COMMUNITY THEATRE AND VITERBO UNIVERSITY. THE WEBER CENTER SERVES AS A PERFORMANCE AND ADMINISTRATIVE CENTER FOR LA CROSSE COMMUNITY THEATRE, PROVIDING OPPORTUNITIES FOR CREATIVITY AND PERSONAL GROWTH; SERVES AS A PERFORMANCE LEARNING CENTER, EXPANDING AND ADVANCING VITERBO UNIVERSITY'S REGIONAL AND NATIONAL ARTS REPUTATION; AND PROVIDES A BEAUTIFUL COMMUNITY ASSET FOR EVENTS THROUGH COOPERATION AND SUSTAINABILITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $192,096
Program Service Revenue $160,367
Investment Income $1,029
Other Revenue $0
TOTAL REVENUE $353,492

Expense Breakdown

Grants Paid $0
Salaries & Benefits $111,419
Fundraising Expenses $0
Program Expenses $512,197
Other Expenses $492,947
TOTAL EXPENSES $604,366

Year-over-Year Comparison

2024 2023 Change
Revenue $353,492 $384,863 -0.1%
Expenses $604,366 $623,312 0.0%
Net Income $-250,874 $-238,449 +0.1%
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

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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
7
Independent Members
7
Employees
12
Volunteers
30

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
6
$25,000
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAY LOKKEN PRESIDENT 1.00
Officer Director
$0 $0 $0
RICK WALTERS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
NEAL MEIER TREASURER 1.00
Officer Director
$0 $0 $0
AMY SCHMIDT SECRETARY 1.00
Officer Director
$0 $0 $0
PATRICIA HEIM DRIECTOR 1.00
Director
$0 $0 $0
TONYA WAGNER DIRECTOR 1.00
Director
$0 $0 $0
DICK SPENCER DIRECTOR 1.00
Director
$0 $0 $0
ERIK VOSE CO-EXECUTIVE DIRECTOR 8.00
Officer
$0 $0 $12,000
DILLON MCARDLE CO-EXECUTIVE DIRECTOR 8.00
Officer
$0 $0 $13,000
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
2024 $353,492 $604,366 $6,414,200 $-250,874
2023 $384,863 $623,312 $6,664,031 $-238,449
2022 $400,519 $598,460 $6,897,592 $-197,941
2021 $500,767 $494,032 $7,113,704 $6,735
2020 $341,242 $482,950 $7,085,802 $-141,708
2019 $449,476 $668,112 $7,281,973 $-218,636
2018 $331,700 $554,212 $7,723,889 $-222,512
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