Lincoln Theatre Association

What it reported doing in 2024

Lta provides education programs for people of all ages, from professional artists to children experiencing their first art class. Our free programs for local, professional artists included one-day workshops and a full-year intensive. Our objective is to provide knowledge and support essential to sustaining a career in the arts. In fy25, lta worked with 67 professional artists during educational programs. Lta also engaged our community in celebration and conversation through two free public events. Our annual walk of fame honors those who have made an important contribution to Ohio. The 2025 walk of fame, held on july 27, 2024 paid tribute to columbus artist elijah pierce, the architect moody nolan and the architecture firm hardlines design company. Lta's community conversation series is a community discussion around an arts topic featuring a panel of distinguished experts with an audience q&a. In march 2025, the lta hosted a community conversation entitled "four women - maya, abbey, lorraine, and nina". The objective for walk of fame and community conversations is to educate the public about issues important to artists and to celebrate artists working in our community. The largest lta education program for children is the patternz summer camp. In fy25, patternz served hundreds of children ages 6-13 for eight weeks, working with over 150 young people for the summer and providing valuable arts education experiences. Youth enrolled in the 2025 summer camp participated in workshops learning about dance, visual arts, theatre, and music. Arts education is the objective for patternz summer camp.

Financial Efficiency

• Mission deployment rate: 88.9%; rating input score 89
• Program expense ratio: 91.1%; rating input score 91
• Fundraising efficiency: $30.79 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 7 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 2.3%; rating input score 43; 43rd percentile among comparable filings
• Total-asset coverage ratio: 5.86; rating input score 87; 87th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 61; 61st percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: 6.2% per year; rating input score 100; 48th percentile among comparable filings
• Revenue growth: 3.5% per year; rating input score 100; 34th percentile among comparable filings
• Asset growth: -1.8% per year; rating input score 0; 12th percentile among comparable filings