Lincoln Center Theater

What it reported doing in 2024

Marketing, education & outreachthe education and community engagement department works with thousands of new yorkers each year in schools and in their communities, as well as at lincoln center theater (lct). Our education programs connect the artistry on our stages to New York city public schools in partnerships that support creative teaching and imaginative student learning through theater. Our community engagement programs use theater as a tool to spark curiosity, foster compassion, and empower our communities. Lct has five main education initiatives that serve both students and teachers in New York city's public middle and high schools. The high school program provides in-school workshops conducted by teaching artists as well as free tickets for our productions. The shakespeare program provides students with an introduction to the playwright by approaching his language as actors. The lead (learning english and drama) project helps multilingual learners improve their english-language speaking skills by utilizing theater techniques. The songwriting in schools program brings professional lyricists and composers into classrooms to teach students how to write songs from a character's point of view. After-school initiatives include performance projects and professional mentorship opportunities. Lct's education programs reach a total of approximately 4,700 students and 80 teachers each year. Lct's community engagement programs invite people into our building to find community and tap into their creativity through programming in our public spaces. We also support municipal residencies, which bring teaching artists into communities across nyc to engage in storytelling, play, and creative exploration with people of all ages and backgrounds. The theater's membership program is an audience development program servicing approximately 20,000 lincoln center theater members, each of whom, after payment of an annual fee, is entitled to purchase one ticket to each of the theater's productions at a substantial discount (subject in some circumstances to availability) and to receive special information and service in the ordering of tickets. Over 45,000 younger members, under the linctix program, are entitled to membership benefits and discounts without the payment of an annual fee.

Financial Efficiency

• Mission deployment rate: 94.3%; rating input score 94
• Program expense ratio: 85.2%; rating input score 85
• Fundraising efficiency: $5.75 raised per $1 spent on fundraising; rating input score 25; 25th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 6 of 6 controls in place; rating input score 100
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Scored; rating input score 0
• Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 98%; rating input score 98; 54th percentile among comparable filings
• Governance controls: 8 of 8 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: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 17.5%; rating input score 85; 85th percentile among comparable filings
• Total-asset coverage ratio: 3.05; rating input score 76; 76th percentile among comparable filings
• Liabilities to assets ratio: 0.04; rating input score 90; 90th percentile among comparable filings
• Officer compensation ratio: 8.8%; rating input score 4; 4th percentile among comparable filings

Growth

• Program expense growth: 0.3% per year; rating input score 100; 8th percentile among comparable filings
• Revenue growth: -0.7% per year; rating input score 0; 4th percentile among comparable filings
• Asset growth: 0.7% per year; rating input score 100; 9th percentile among comparable filings