Lehman College Center for the Performing Arts Inc

What it reported doing in 2024

See schedule o: lehman center for the performing arts provides the residents of the bronx and surrounding area with access to affordable local, national, and international performances that entertain, educate, and celebrate the traditions of a multi-cultural community. Over the past 45 years, the center has played an instrumental role in the cultural life of the bronx while emphasizing New York city's reputation as a worldwide hub for the arts.the lehman center concert hall boasts a technically equipped 2,265 seat venue which is the only performing arts center of its size in the bronx. Over the past decade, numerous sound and lighting upgrades have made this theater the "lincoln center" of the bronx. All productions are organized by a professional backstage iatse technical staff to ensure the safety of all employees, artists, and audience members that come to our venue. During the 2024-2025 season lehman center serviced upwards of 80,000 audience members with programmed shows, rental events, graduations, community events, and school performances.the center has played a precious role in the borough's cultural life and contributed to New York city's reputation as an international center for the arts. Lehman center is the only organization in the bronx providing a broad array of international performing arts alongside events that directly reflect the community's diversity. At the intersection is a greater level of cultural understanding, broader worldview, and enhanced civic participation among patrons. The community breakdown of the bronx is roughly 40% black or african american, with 56% of the total population identifying as hispanic. By paying attention to the wants and needs of this population when choosing performances, the lehman center has welcomed the residents of the bronx to a place that feels familiar and memorable. This goal has culminated into three annual performance series: latin music, international, and celebrity.the latin music series, in its tenure, has presented some of the greatest names in latin music, including celia cruz, el gran combo, ruben blades, victor manuel, eddie palmieri, willie colon oscar d'leon and virtually the entire "home grown" family of fania records. This annual series is a celebration of one of New York's most beloved contributions to world music -salsa! The lineup of popular latin music performances is cherished by the local community and without it the residents would be deprived of their cultural traditions. During the 2024-2025 season, the latin music series showed: fernando villalona, kinito mendez, manny manuel, tribute to selena, puerto rican power 45th anniversary, el parrandn de New York, merengue con amor 3, el dominicano es un chiste, eddy herrera, pavel gran gala, la india, and jos luis rodrguez "el puma."the international series presents a broad array of talent from across the globe, the purpose of which is to reach more underrepresented communities in the bronx, while providing everyone with affordable access to performances they may not often see in the bronx. In its lifetime, this series has showcased chinese acrobatics, african gospel choirs, japanese taiko drumming, mexican folkloric ballet, ukrainian dance companies, gigantic puppets, theatrical clowns, and everything in-between. It is important to the mission of lehman center that events like these are offered at a reasonable cost. In 2024-2025 the international series included: encanto in concert, rhythm india, westchester ballet company nutcracker, and the peking acrobats.the celebrity series is focused primarily on supporting black artists and catering to the black community in the bronx by booking well known black performers that are respected and revered. Some notable performers in the 40+ years of this series include stephanie mills, howard hewett, ruben studdard, marvin sapp, dionne warwick, gladys knight, smokey robinson, ray charles, b.b. King, natalie cole, and chaka khan. It is important that the center co

Financial Efficiency

• Mission deployment rate: 95.3%; rating input score 95
• Program expense ratio: 85%; rating input score 85
• Fundraising efficiency: $2.49 raised per $1 spent on fundraising; rating input score 7; 7th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 83.3%; rating input score 83; 16th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -12.1%; rating input score 11; 11th percentile among comparable filings
• Total-asset coverage ratio: 0.44; rating input score 15; 15th percentile among comparable filings
• Liabilities to assets ratio: 0.2; rating input score 43; 43rd percentile among comparable filings
• Officer compensation ratio: 17.2%; rating input score 15; 15th percentile among comparable filings

Growth

• Program expense growth: 1.1% per year; rating input score 100; 18th percentile among comparable filings
• Revenue growth: 0.7% per year; rating input score 100; 14th percentile among comparable filings
• Asset growth: 1.6% per year; rating input score 100; 18th percentile among comparable filings