Lone Star Lyric Theater Festival
Nonprofit profile at a glance
- EIN
- 208771512
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Houston, TX, USA
- Phone
- 9174149577
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $97,423
- Expenses
- $83,796
- Assets
- $37,168
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- David Wellborn (President)
People named in this filing
- Kelli Estes (Executive and Artistic Director)
- David Wellborn (President)
- Michael Remson (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Founded in 2006, Lone Star Lyric is an independent, non-profit opera and lyric theater presenting organization committed to showcasing Texas-based artists, premiering new chamber works by living American composers, and exploring the untapped repertory of lyric composers of the past.
What it reported doing in 2024
Presentation of lyric opera and cabaret theater for audiences in the greater Houston TX region. Approximately 1000-1250 audience members reached over the 2024-25 season.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 100
- Sustainability: 49
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.1%; rating input score 76
- Program expense ratio: 88.5%; rating input score 88
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 14%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 0.44; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 4.2%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: -1.5% per year; rating input score 0; 44th percentile among comparable filings
- Revenue growth: -6.3% per year; rating input score 0; 31st percentile among comparable filings
- Asset growth: 44.9% per year; rating input score 100; 95th percentile among comparable filings
Details
- Where the money goes: 76.1% of revenue deployed · 88.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $74K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- High — Sustainability: Officer compensation ratio scored 11/100.