LAWRENCE COUNTY CONCERT ASSOCIATION SOUTHERN INDIANA LIVE ON STAGE

EIN: 621472790 501(c)(3)

BEDFORD, IN

Total Revenue
$28,253
Total Expenses
$36,524
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
IN
Principal Officer
CHARLES EDWARDS
Phone
8122796542
Tax Period
2018-05-01 to 2019-04-30

LAWRENCE COUNTY CONCERT ASSOCIATION SOUTHERN INDIANA LIVE ON STAGE, founded in 1992, is a micro nonprofit that reported $28K in total revenue in fiscal year 2018. Revenue decreased 14% compared to the prior year. Expenses of $37K exceeded revenue, resulting in a 29% operating deficit.

Mission

THE MISSION OF THE SOUTHERN INDIANA LIVE ON STAGE FORMERLY LAWRENCE COUNTY CONCERT ASSOCIATION IS TO BUILD AND MAINTAIN A PERMANENT CONCERT AUDIENCE IN LAWRENCE COUNTY, INDIANA AND THE SURROUNDING AREA. CULTIVATE IN THE CITIZENS OF LAWRENCE COUNTY, AND SURROUNDING AREA, INTEREST IN GOOD MUSIC AND ENCOURAGE THE PERFORMANCE THEREIN OF GOOD MUSIC BY QUALIFIED ARTISTS. PROVIDE AN OPPORTUNITY FOR THE CITIZENS TO HEAR GOOD MUSIC IN THE FORM OF CONCERTS, MUSICAL THEATRICAL PERFORMANCES, AND RECITALS; OF WHICH THERE WILL BE A MINIMUM OF THREE PRESENTED ANNUALLY. FOSTERING AND ENCOURAGING PUBLIC APPRECIATION OF MUSIC AND THE TEACHING OF MUSIC, HISTORY OF MUSIC AND MUSIC APPRECIATION IN THE SCHOOLS OF LAWRENCE COUNTY AND ITS SURROUNDING AREA.

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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 (2018)

Revenue Breakdown

Contributions & Grants $5,989
Program Service Revenue $16,520
Investment Income $5
Other Revenue $5,739
TOTAL REVENUE $28,253

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $35,608
Other Expenses $36,524
TOTAL EXPENSES $36,524

Year-over-Year Comparison

2018 2017 Change
Revenue $28,253 $32,792 -0.1%
Expenses $36,524 $34,232 +0.1%
Net Income $-8,271 $-1,440 +4.7%
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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
18

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
3
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES EDWARDS PRESIDENT 1.00
Officer Director
$0 $0 $0
PEGGY BUCK SECRETARY 1.00
Officer Director
$0 $0 $0
DONNA NAPIER TREASURER 1.00
Officer Director
$0 $0 $0
PAM BELL MEMBER CHAIR 1.00
Director
$0 $0 $0
BEVERLY OWEN BENEFIT CO-C 1.00
Director
$0 $0 $0
KATHY THOMPSON BENEFIT CO-C 1.00
Director
$0 $0 $0
SHAWNA GIRGIS BACC LIASON 1.00
Director
$0 $0 $0
ROWENA CROSS-NAJAFI ART ASSOC LI 1.00
Director
$0 $0 $0
NICK NAPIER REFRESHMENTS 1.00
Director
$0 $0 $0
JULIA JOHNSON MEMBERSHIPS 1.00
Director
$0 $0 $0
FRANK BATTAGLIA CHURCH/COMMU 1.00
Director
$0 $0 $0
TOM BOSCHER CHURCH/COMMU 1.00
Director
$0 $0 $0
PAT BOSCHER CHURCH/COMMU 1.00
Director
$0 $0 $0
ADAM THOMAS BOD 1.00
Director
$0 $0 $0
LARRY LAFFERTY BOD 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
2019 $28,253 $36,524 No data $-8,271
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