Public Charity

FRIENDS OF THE LYRIC INC

FRIENDS OF THE LYRIC INC, of STUART, FL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $3.5M in revenue, $3.3M in expenses, $6.7M in total assets. 24 publicly reported grants to this organization, totaling roughly $841K, appear in IRS filings.

EIN: 650016846 STUART, FL Performing Arts NTEE: A60 Latest filing: 2025
Total Revenue$3.5M
Total Expenses$3.3M
Total Assets$6.7M
Grant Records24
Funding Total$841K
Filing Years2021–2025

Mission

FRIENDS OF THE LYRIC WAS ESTABLISHED IN 1987 TO RESTORE AND OPERATE THE 1926 HISTORIC THEATRE BUILDING IN DOWNTOWN STUART, FLORIDA. ITS MISSION IS TO PROVIDE A HOME FOR THE PERFORMING ARTS THAT ENTERTAINS, EDUCATES, AND STIMULATES THE GROWTH OF ARTISTIC INTEGRITY AND EXPERIENCE FOR EVERYONE.

Where $100 goes at Friends of the Lyric Inc

How Friends of the Lyric Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$79 Programs the work itself
$11 Management running the organization
$10 Fundraising raising the next dollar

Inside the $79 for programs

$78
Friends of the Lyric presents a variety of entertainment programming, including rhythm and blues, rock and roll, jazz, blues, country, pop, classical, dance, lectures, films, and more, providing…
99% of program spending
$1
Since its commencement in 2011, summer camp has hosted over 1,500 children
1% of program spending · Reported in the filing: 1,500 children
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
TO SUPPORT GENERAL OPERATING EXPENSES; SUPPORT HISTORICAL THEATRE BUILDING REPAIRS
$132,000
2024
For grant recipient's exempt purposes
$27,750
2024
ARTS, CULTURE & HUMANITIES
$5,250
2023
FOR THE DIRECTOR'S CIRCLE ANNUAL GIFT
$34,500
2023
For grant recipient's exempt purposes
$26,800

Showing up to 5 of 24 total records — full history available with membership.

Officers & Directors

DIRECTOR Eileen D Morris
BOARD VICE CHAIR Elliot M Paul
DIRECTOR Frank M Byers Jr
DIRECTOR George F Bellows
TREASURER Harold Walsh
DIRECTOR Katherine Mcgovern

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$670,800 17 grants
Arts & Culture
$169,750 7 grants

Financial Trends

Year Revenue Expenses Assets
2025 $3.5M $3.3M $6.7M
2024 $3.2M $3.1M $6.4M
2023 $2.7M $2.7M $6.2M
2022 $3.1M $2.4M $5.9M
2021 $2.3M $956K $6.0M

Between 2021 and 2025, reported annual revenue grew from $2.3M to $3.5M (+53%), with total assets most recently reported at $6.7M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for FRIENDS OF THE LYRIC INC

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