Civic Intelligence

Lantern Theater Company

990 • Fiscal year 2014 • EIN 23-2798692

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 14, 2014

Organization ProfileWWW.LANTERNTHEATER.ORG
PO Box 5342819105

(215) 829-9002

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.16x

Higher debt load relative to assets than 57% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

46th percentile

0.09x

Higher debt load relative to revenue than 46% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

86th percentile

33%

Higher net margin than 86% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

45th percentile

$50,027

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

98th percentile

184%

Faster asset growth than 98% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

84th percentile

36%

Faster revenue growth than 84% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$763,720

Up $494,385 (+184%) from 2013

Net Assets

Up

$639,009

Up $461,967 (+261%) from 2013

Liabilities

Up

$124,711

Up $32,418 (+35%) from 2013

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin86th percentile

Revenue

Up

$1,396,874

Up $367,276 (+36%) from 2013

Expenses

Up

$934,907

Up $73,774 (+8.6%) from 2013

Net Income

Up

$461,967

Up $293,502 (+174%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $171,507Liabilities 2011: $126,170Net Assets 2011: $45,3372011Assets 2012: $160,991Liabilities 2012: $152,414Net Assets 2012: $8,5772012Assets 2013: $269,335Liabilities 2013: $92,293Net Assets 2013: $177,0422013Assets 2014: $763,720Liabilities 2014: $124,711Net Assets 2014: $639,0092014Assets 2015: $609,886Liabilities 2015: $187,787Net Assets 2015: $422,0992015Assets 2016: $781,906Liabilities 2016: $195,533Net Assets 2016: $586,3732016Assets 2017: $1,171,475Liabilities 2017: $252,177Net Assets 2017: $919,2982017Assets 2018: $1,292,073Liabilities 2018: $314,761Net Assets 2018: $977,3122018Assets 2019: $1,529,745Liabilities 2019: $335,979Net Assets 2019: $1,193,7662019Assets 2020: $1,848,697Liabilities 2020: $389,277Net Assets 2020: $1,459,4202020Assets 2021: $2,057,954Liabilities 2021: $503,946Net Assets 2021: $1,554,0082021Assets 2022: $1,632,762Liabilities 2022: $225,542Net Assets 2022: $1,407,2202022Assets 2023: $1,114,448Liabilities 2023: $436,071Net Assets 2023: $678,3772023Assets 2024: $2,746,427Liabilities 2024: $1,002,493Net Assets 2024: $1,743,9342024Assets 2025: $2,601,189Liabilities 2025: $1,018,419Net Assets 2025: $1,582,7702025

Highlighted filing

2014

Assets$763,720
Liabilities$124,711
Net Assets$639,009
Open 2014 Filing

Operations Trend

Revenue Growth84th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $763,408Expenses 2011: $812,941Net Income 2011: -$49,5332011Revenue 2012: $785,272Expenses 2012: $833,532Net Income 2012: -$48,2602012Revenue 2013: $1,029,598Expenses 2013: $861,133Net Income 2013: $168,4652013Revenue 2014: $1,396,874Expenses 2014: $934,907Net Income 2014: $461,9672014Revenue 2015: $923,440Expenses 2015: $1,140,350Net Income 2015: -$216,9102015Revenue 2016: $1,416,692Expenses 2016: $1,252,418Net Income 2016: $164,2742016Revenue 2017: $1,595,779Expenses 2017: $1,262,854Net Income 2017: $332,9252017Revenue 2018: $1,568,188Expenses 2018: $1,510,174Net Income 2018: $58,0142018Revenue 2019: $2,016,438Expenses 2019: $1,799,984Net Income 2019: $216,4542019Revenue 2020: $1,793,805Expenses 2020: $1,528,151Net Income 2020: $265,6542020Revenue 2021: $1,076,149Expenses 2021: $981,561Net Income 2021: $94,5882021Revenue 2022: $1,751,535Expenses 2022: $1,898,323Net Income 2022: -$146,7882022Revenue 2023: $1,242,295Expenses 2023: $1,971,138Net Income 2023: -$728,8432023Revenue 2024: $3,067,941Expenses 2024: $2,002,384Net Income 2024: $1,065,5572024Revenue 2025: $1,759,824Expenses 2025: $1,920,988Net Income 2025: -$161,1642025

Highlighted filing

2014

Revenue$1,396,874
Expenses$934,907
Net Income$461,967
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 14, 2014
Return Version
2013v3.0
Gross Receipts
$1,420,189
Mission and Program Overview

Mission

To produce plays that investigate and illuminate what is essential in the human spirit and the spirit of the times, to present related audience enrichment programs, and to educate our region's youth using theatrical techniques and great literature.

To produce theatrical experiences, audience enrichment, and education programming that benefits audiences throughout the region

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$181,805$407,873▲ $226,068
Savings and Temporary Cash Investments-$268,474-
Prepaid Expenses and Deferred Charges$29,996$36,190▲ $6,194
Land, Buildings, and Equipment, Net$11,241$30,601▲ $19,360
Cash and Non-Interest-Bearing Accounts$46,293$20,582▼ $25,711
Total Assets$269,335$763,720▲ $494,385
Liabilities
Deferred Revenue$75,301$106,080▲ $30,779
Accounts Payable and Accrued Expenses$16,992$18,631▲ $1,639
Total Liabilities$92,293$124,711▲ $32,418
Net Assets / Fund Balance
Temporarily Rstr Net Assets$152,090$609,121▲ $457,031
Unrestricted Net Assets$24,952$29,888▲ $4,936
Total Net Assets Fund Balance$177,042$639,009▲ $461,967
Total Liabilities and Net Assets / Fund Balance$269,335$763,720▲ $494,385

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$30,601$67,079$97,680
Compensation and Service Providers
Top Officer Pay45th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles McmahonArtistic DirectorFT$42,897$7,130$50,027
Anne ShuffManaging DirectorPT$32,876$5,663$38,539

Board Members and Trustees

NameTitle
Eugene BissellChairman
Stacy Maria DuttonPresident
Michael RosenthalVice President
David PiersonDirector
Donna Saul MillenDirector
Ellen Rosen RogoffDirector
Kevin KleinschmidtDirector
Nicholas D ConstanDirector
Rebecca WilliamsDirector
Stephen FieldDirector
Michael K BrophyCo-founder
Betsy KalishSecretary
Gregory KleiberTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,002,022
Program Service Revenue
$389,364
Investment Income
$104
Other Revenue
$5,384
All Other Contributions
$948,171
Change in Net Assets
$461,967

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,396,874
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$38,607
Total Revenue per Audited Statements
$1,435,481
Total Revenue per Form 990
$1,396,874
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$512,379
Other Expenses$422,528
Total Fundraising Expense$75,893
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$269,884$128$39,319$309,331
Payroll Taxes$94,563$4,415$7,498$106,476
Advertising$106,431--$106,431
Current Officers, Directors, Trustees, and Key Employees$50,547$25,057$11,509$87,113
Occupancy$25,861$3,588$448$29,897
Office Expenses$11,820$1,152$1,441$14,413
Fees for Services Accounting-$13,341-$13,341
Other Expenses$24,109$16,336$12,949$12,949
Other Employee Benefits$6,859$1,007$1,593$9,459
Insurance$5,508$537$672$6,717
Depreciation Depletion$2,069$2,683-$4,752
Information Technology$3,573$349$436$4,358
Interest-$1,146-$1,146
Travel$227$22$28$277
Total Functional Expenses$789,253$69,761$75,893$934,907

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$973,514
Expenses per Audited Statements$934,907
Total Expenses per Form 990$934,907
Expenses Not Reported on Form 990$38,607
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$23,315
Fundraising Gross Income$23,315
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$59,895$23,315$23,315$0
Total Events$59,895$23,315$23,315$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 4

“Lantern theater company's board of directors voted in march 2014 to amend the company's by-laws to establish a new board chair position. The board chair presides at all meetings of the board, serves as the chief governing officer of the corporation, and supervises and controls the affairs of the corporation and the activities of the officers.”

Form 990, Part VI, Section B, Line 11

“Management works with the company's independent accounting firm to review the 990 to ensure accuracy. A copy of the 990 is provided to all board members prior to filing.”

Form 990, Part VI, Section B, Line 15

“Compensation levels are reviewed annually and increases are evaluated based on job performance, cost of living, and budgetary parameters. Compensation levels are periodically compared with data compiled by local and national service organizations of which lantern theater company is a constituent member.”

Form 990, Part VI, Section C, Line 19

“Governing documents are made available to the public via guidestar.org and upon request.”

Filing and Contact Details

Filer

EIN
23-2798692
Phone
2158299002

Signing Officer

Name
Charles Mcmahon
Title
Artistic Director
Phone
2158299002
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Mcmahon
Formed
1994
Legal Domicile
Pa
Voting Board Members
15
Independent Board Members
13
Employees
62
Volunteers
350

Preparer

Preparer
Edward W Doran CPA
Phone
6106684200
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The finance & audit committee, composed of board members and executive staff, oversees the periodic selection of an independent auditor and reviews the annual audit. The process has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Lantern is exempt from tax under section 501(c)(3) of the internal revenue code. Pursuant to fasb accounting standards codification topic 740, lantern recognizes tax benefits only if it is more likely than not that a tax position (including lantern's assertion that its income is exempt from tax) will be sustained upon examination. Tax years 2011 and forward remain subject to examination. No liability for unrecognized tax benefits was recorded as of june 30, 2014 or 2013.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Cost of special events 23,315.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Cost of special events 23,315.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1ARTISTIC DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
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IRS990/FundraisingAmt036580
IRS990/FundraisingDirectExpensesAmt023315
IRS990/FundraisingGrossIncomeAmt023315
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt017271
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01420189
IRS990/GrossRentsGrp/RealAmt0585
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0436
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0349
IRS990/InformationTechnologyGrp/ProgramServicesAmt03573
IRS990/InformationTechnologyGrp/TotalAmt04358
IRS990/InsuranceGrp/FundraisingAmt0672
IRS990/InsuranceGrp/ManagementAndGeneralAmt0537
IRS990/InsuranceGrp/ProgramServicesAmt05508
IRS990/InsuranceGrp/TotalAmt06717
IRS990/InterestGrp/ManagementAndGeneralAmt01146
IRS990/InterestGrp/TotalAmt01146
IRS990/InvestmentIncomeGrp/ExclusionAmt0104
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0104
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt044
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt067079
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011241
IRS990/LandBldgEquipBasisNetGrp/EOYAmt030601
IRS990/LandBldgEquipCostOrOtherBssAmt097680
IRS990/LegalDomicileStateCd0PA
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PRODUCE THEATRICAL EXPERIENCES, AUDIENCE ENRICHMENT, AND EDUCATION PROGRAMMING THAT BENEFITS AUDIENCES THROUGHOUT THE REGION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0177042
IRS990/NetAssetsOrFundBalancesEOYAmt0639009
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0585
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0585
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt02000
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0448
IRS990/OccupancyGrp/ManagementAndGeneralAmt03588
IRS990/OccupancyGrp/ProgramServicesAmt025861
IRS990/OccupancyGrp/TotalAmt029897
IRS990/OfficeExpensesGrp/FundraisingAmt01441
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01152
IRS990/OfficeExpensesGrp/ProgramServicesAmt011820
IRS990/OfficeExpensesGrp/TotalAmt014413
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01593
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01007
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06859
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09459
IRS990/OtherExpensesGrp/Desc0PRODUCTIONS EXPENSES
IRS990/OtherExpensesGrp/Desc1EDUCATION AND OUTREACH
IRS990/OtherExpensesGrp/Desc2BOX OFFICE AND HOUSE MA
IRS990/OtherExpensesGrp/Desc3DEVELOPMENT
IRS990/OtherExpensesGrp/FundraisingAmt012949
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016336
IRS990/OtherExpensesGrp/ProgramServicesAmt0187802
IRS990/OtherExpensesGrp/ProgramServicesAmt124109
IRS990/OtherExpensesGrp/TotalAmt0187802
IRS990/OtherExpensesGrp/TotalAmt124109
IRS990/OtherExpensesGrp/TotalAmt216336
IRS990/OtherExpensesGrp/TotalAmt312949
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04799
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04799
IRS990/OtherRevenueTotalAmt04799
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt039319
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0128
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0269884
IRS990/OtherSalariesAndWagesGrp/TotalAmt0309331
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt07498
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04415
IRS990/PayrollTaxesGrp/ProgramServicesAmt094563
IRS990/PayrollTaxesGrp/TotalAmt0106476
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0181805
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0407873
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt029996
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt036190
IRS990/PrincipalOfficerNm0CHARLES MCMAHON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0THEATER TICKET SALES
IRS990/ProgramServiceRevenueGrp/Desc1SUBSCRIPTION SALES
IRS990/ProgramServiceRevenueGrp/Desc2HANDLING FEES
IRS990/ProgramServiceRevenueGrp/Desc3CONCESSION INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0229768
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1137183
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt217447
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt34966
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0229768
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1137183
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt217447
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34966
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0593763
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt097
IRS990/PYOtherExpensesAmt0391814
IRS990/PYOtherRevenueAmt03982
IRS990/PYProgramServiceRevenueAmt0431756
IRS990/PYRevenuesLessExpensesAmt0168465
IRS990/PYSalariesCompEmpBnftPaidAmt0469319
IRS990/PYTotalExpensesAmt0861133
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01029598
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0461967
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0585
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0394163
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0268474
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01025337
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0578186
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0397126
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0440129
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0265280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02706058
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0689
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0347
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03015
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt017053
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt011806
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt032910
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01800668
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62580
IRS990ScheduleA/PublicSupportPY170Pct00.76730
IRS990ScheduleA/PublicSupportTotal170Amt01713988
IRS990ScheduleA/SubstantialContributorsTotAmt0992070
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01025337
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0578186
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0397126
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0440129
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0265280
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02706058
IRS990ScheduleA/TotalSupportAmt02738968
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt015292
IRS990ScheduleD/DonatedServicesUseFcltsAmt015292
IRS990ScheduleD/EquipmentGrp/BookValueAmt030601
IRS990ScheduleD/EquipmentGrp/DepreciationAmt067079
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt097680
IRS990ScheduleD/ExpensesNotReportedAmt038607
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0934907
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt023315
IRS990ScheduleD/OtherRevenueAmt023315
IRS990ScheduleD/RevenueNotReportedAmt038607
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01396874
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LANTERN IS EXEMPT FROM TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. PURSUANT TO FASB ACCOUNTING STANDARDS CODIFICATION TOPIC 740, LANTERN RECOGNIZES TAX BENEFITS ONLY IF IT IS MORE LIKELY THAN NOT THAT A TAX POSITION (INCLUDING LANTERN'S ASSERTION THAT ITS INCOME IS EXEMPT FROM TAX) WILL BE SUSTAINED UPON EXAMINATION. TAX YEARS 2011 AND FORWARD REMAIN SUBJECT TO EXAMINATION. NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS WAS RECORDED AS OF JUNE 30, 2014 OR 2013.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF SPECIAL EVENTS 23,315.

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$763,720
Liabilities
$124,711
Net assets
$639,009
Revenue
$1,396,874
Expenses
$934,907
Net income
$461,967
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.60$1.02$1.58$1.76$1.92$0.16
2024Detailed filing. Detailed filing data is available for this year.$2.75$1.00$1.74$3.07$2.00$1.07
2023Detailed filing. Detailed filing data is available for this year.$1.11$0.44$0.68$1.24$1.97$0.73
2022Detailed filing. Detailed filing data is available for this year.$1.63$0.23$1.41$1.75$1.90$0.15
2021Detailed filing. Detailed filing data is available for this year.$2.06$0.50$1.55$1.08$0.98$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.85$0.39$1.46$1.79$1.53$0.27
2019Detailed filing. Detailed filing data is available for this year.$1.53$0.34$1.19$2.02$1.80$0.22
2018Detailed filing. Detailed filing data is available for this year.$1.29$0.31$0.98$1.57$1.51$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.17$0.25$0.92$1.60$1.26$0.33
2016Detailed filing. Detailed filing data is available for this year.$0.78$0.20$0.59$1.42$1.25$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.19$0.42$0.92$1.14$0.22
2014Detailed filing. Detailed filing data is available for this year.$0.76$0.12$0.64$1.40$0.93$0.46
2013Summary only. Only limited summary data is available for this year.$0.27$0.09$0.18$1.03$0.86$0.17
2012Summary only. Only limited summary data is available for this year.$0.16$0.15$0.01$0.79$0.83$0.05
2011Summary only. Only limited summary data is available for this year.$0.17$0.13$0.05$0.76$0.81$0.05