Civic Intelligence

Friends of the Lerner Inc

EIN 46-5409942 • 501(c)3 • Elkhart, IN

Profile

To promote, support, and provide financial and operational assistance to improve and enhance the operations of the lerner theatre, a municipally owned performing arts theatre and event space located in elkhart, indiana, and assist in the preservation of the historical facility.

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

87th percentile

0.56x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

92nd percentile

1.09x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

88th percentile

46%

Higher net margin than 88% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

87th percentile

48%

Faster asset growth than 87% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

35%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$894,734

Up $291,119 (+48%) from 2023

Liabilities

Flat

$500,000

Flat from 2023

Net Assets

Up

$394,734

Up $291,119 (+281%) from 2023

Revenue

Up

$459,479

Up $118,368 (+35%) from 2023

Expenses

Down

$249,674

Down $189,777 (-43%) from 2023

Net Income

Up

$209,805

Up $308,145 (+313%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2014: $57,074Liabilities 2014: $0Net Assets 2014: $57,0742014Assets 2015: $88,875Liabilities 2015: $0Net Assets 2015: $88,8752015Assets 2016: $42,126Liabilities 2016: $0Net Assets 2016: $42,1262016Assets 2017: $49,270Liabilities 2017: $0Net Assets 2017: $49,2702017Assets 2018: $117,278Liabilities 2018: $0Net Assets 2018: $117,2782018Assets 2019: $109,433Liabilities 2019: $0Net Assets 2019: $109,4332019Assets 2020: $619,745Liabilities 2020: $500,000Net Assets 2020: $119,7452020Assets 2021: $663,205Liabilities 2021: $500,000Net Assets 2021: $163,2052021Assets 2022: $603,227Liabilities 2022: $500,000Net Assets 2022: $103,2272022Assets 2023: $603,615Liabilities 2023: $500,000Net Assets 2023: $103,6152023Assets 2024: $894,734Liabilities 2024: $500,000Net Assets 2024: $394,7342024

Highlighted filing

2024

Assets$894,734
Liabilities$500,000
Net Assets$394,734

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2014: $57,347Expenses 2014: $273Net Income 2014: $57,0742014Revenue 2015: $105,329Expenses 2015: $73,528Net Income 2015: $31,8012015Revenue 2016: $12,694Expenses 2016: $59,443Net Income 2016: -$46,7492016Revenue 2017: $40,028Expenses 2017: $32,884Net Income 2017: $7,1442017Revenue 2018: $238,321Expenses 2018: $170,313Net Income 2018: $68,0082018Revenue 2019: $54,494Expenses 2019: $62,339Net Income 2019: -$7,8452019Revenue 2020: $110,430Expenses 2020: $100,118Net Income 2020: $10,3122020Revenue 2021: $311,552Expenses 2021: $268,092Net Income 2021: $43,4602021Revenue 2022: $467,606Expenses 2022: $527,584Net Income 2022: -$59,9782022Revenue 2023: $341,111Expenses 2023: $439,451Net Income 2023: -$98,3402023Revenue 2024: $459,479Expenses 2024: $249,674Net Income 2024: $209,8052024

Highlighted filing

2024

Revenue$459,479
Expenses$249,674
Net Income$209,805

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.95$5.00$3.95$4.59$2.50$2.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.04$5.00$1.04$3.41$4.39$0.98
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.03$5.00$1.03$4.68$5.28$0.60
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.63$5.00$1.63$3.12$2.68$0.43
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.20$5.00$1.20$1.10$1.00$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.00$1.09$0.54$0.62$0.08
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.00$1.17$2.38$1.70$0.68
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.00$0.49$0.40$0.33$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.00$0.42$0.13$0.59$0.47
2015Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$1.05$0.74$0.32
2014Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.57$0.00$0.57
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 11, 2025
Return Version
2024v5.2
Gross Receipts
$459,479
Mission and Program Overview

Mission

To promote, support, and provide financial and operational assistance to improve and enhance the operations of the lerner theatre, a municipally owned performing arts theatre and event space located in elkhart, indiana, and assist in the preservation of the historical facility.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$24,795$72,067▲ $47,272
Accounts Receivable$11,081$10,136▼ $945
Savings and Temporary Cash Investments$11$11→ $0
Total Assets$603,615$894,734▲ $291,119
Other Assets Total$567,728$812,520▲ $244,792
Liabilities
Unsecured Notes Loans Payable$500,000$500,000→ $0
Total Liabilities$500,000$500,000→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$103,615$394,734▲ $291,119
Total Net Assets Fund Balance$103,615$394,734▲ $291,119
Total Liabilities and Net Assets / Fund Balance$603,615$894,734▲ $291,119

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$173,115--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ashley MartinPresident
Isaac TorresVice President
Dallas BerglDirector
Gary BoynDirector
Elizabeth BondSecretary
Bob DeputyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$266,624
Program Service Revenue
$187,184
Investment Income
$223
Other Revenue
$5,448
All Other Contributions
$266,624
Change in Net Assets
$209,805
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$249,674
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$174,264$4,375-$178,639
Advertising$21,246--$21,246
Fees for Services Accounting-$15,377-$15,377
Office Expenses$7,245$2,405-$9,650
Travel$2,236--$2,236
Other Expenses$1,023--$1,023
Insurance-$427-$427
Information Technology-$390-$390
All Other Expenses$33--$33
Total Functional Expenses$226,700$22,974$0$249,674
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$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
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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 B, Line 11B

The board president and accountant work with the tax preparer to provide information for the tax return. Once the return is prepared, the board president provides a copy of form 990 to the board members for review and approval prior to filing with the irs.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and annual financial statements are available upon request. No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Friends of the Lerner Inc
EIN
46-5409942
Phone
5742934469
Address
410 S MAIN ST, ELKHART, IN 46516

Signing Officer

Name
Ashley Martin
Title
President
Phone
5742934469
Signed
2025-09-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ashley Martin
Formed
2014
Legal Domicile
In
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Kruggel Lawton & Company LLC
Address
210 S MICHIGAN ST SUITE 200, SOUTH BEND, IN 46601
Preparer
Jessica Keaton
Phone
5742894011
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Artist fees: program service expenses 49,400. Management and general expenses 0. Fundraising expenses 0. Total expenses 49,400. Co-pro settlement fees: program service expenses 112,821. Management and general expenses 0. Fundraising expenses 0. Total expenses 112,821. Labor: program service expenses 12,043. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,043. Consulting fees: program service expenses 0. Management and general expenses 4,375. Fundraising expenses 0. Total expenses 4,375.

FORM 990, PART XI, LINE 9:

Change in beneficial interest 81,314.

Raw XML Appendix375 raw XML fields

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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ADVERTISING COMMISSIONS - 2020 AMOUNT: $ 500. 2023 AMOUNT: $ 2,238. VPI COAT CHECK REVENUE - 2020 AMOUNT: $ 302. 2021 AMOUNT: $ 390. 2022 AMOUNT: $ 677. 2023 AMOUNT: $ 462. 2024 AMOUNT: $ 1,396. VPI OTHER INCOME - 2021 AMOUNT: $ 930. 2022 AMOUNT: $ 2,982. 2023 AMOUNT: $ 59. 2024 AMOUNT: $ 72. MERCHANDISE SELLERS FEES - 2020 AMOUNT: $ 100. 2021 AMOUNT: $ 1,129. 2022 AMOUNT: $ 1,750. 2023 AMOUNT: $ 4,969. 2024 AMOUNT: $ 755. OTHER INCOME - 2021 AMOUNT: $ 4. 2022 AMOUNT: $ 29,176. 2023 AMOUNT: $ 3,300. CATERING COMMISSIONS - 2024 AMOUNT: $ 3,225.
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0342
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01725
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01188439
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt05448
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt011028
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt034585
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02453
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0902
IRS990ScheduleA/OtherIncome170Grp/TotalAmt054416
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.79330
IRS990ScheduleA/PublicSupportPY170Pct00.72470
IRS990ScheduleA/PublicSupportTotal170Amt0404928
IRS990ScheduleA/SubstantialContributorsTotAmt049373
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0266624
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt033236
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt066700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt070249
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt017492
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0454301
IRS990ScheduleA/TotalSupportAmt0510442
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/OtherAssetsOrgGrp/BookValueAmt0639405
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1173115
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BENEFICIAL INTEREST IN CFEC
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1NON-ENDOWED FUND
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0812520
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD PRESIDENT AND ACCOUNTANT WORK WITH THE TAX PREPARER TO PROVIDE INFORMATION FOR THE TAX RETURN. ONCE THE RETURN IS PREPARED, THE BOARD PRESIDENT PROVIDES A COPY OF FORM 990 TO THE BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S GOVERNING DOCUMENTS AND ANNUAL FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ARTIST FEES: PROGRAM SERVICE EXPENSES 49,400. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,400. CO-PRO SETTLEMENT FEES: PROGRAM SERVICE EXPENSES 112,821. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 112,821. LABOR: PROGRAM SERVICE EXPENSES 12,043. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,043. CONSULTING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,375. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,375.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CHANGE IN BENEFICIAL INTEREST 81,314.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0603615
IRS990/TotalAssetsEOYAmt0894734
IRS990/TotalAssetsGrp/BOYAmt0603615
IRS990/TotalAssetsGrp/EOYAmt0894734
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0266624
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt022974
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0226700
IRS990/TotalFunctionalExpensesGrp/TotalAmt0249674
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0500000
IRS990/TotalLiabilitiesEOYAmt0500000
IRS990/TotalLiabilitiesGrp/BOYAmt0500000
IRS990/TotalLiabilitiesGrp/EOYAmt0500000
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0103615
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0394734
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0226700
IRS990/TotalProgramServiceRevenueAmt0187184
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0223
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0192632
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0459479
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0603615
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0894734
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt02236
IRS990/TravelGrp/TotalAmt02236
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0500000
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0500000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0410 S MAIN ST
IRS990/USAddress/CityNm0ELKHART
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046516
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0HTTPS://FRIENDSOFTHELERNER.ORG/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ASHLEY MARTIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05742934469
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRIENDS OF THE LERNER INC
ReturnHeader/Filer/BusinessNameControlTxt0FRIE
ReturnHeader/Filer/EIN0465409942
ReturnHeader/Filer/PhoneNum05742934469
ReturnHeader/Filer/USAddress/AddressLine1Txt0410 S MAIN ST
ReturnHeader/Filer/USAddress/CityNm0ELKHART
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046516
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351307701
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KRUGGEL LAWTON & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0210 S MICHIGAN ST SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOUTH BEND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046601
ReturnHeader/PreparerPersonGrp/PhoneNum05742894011
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JESSICA KEATON
ReturnHeader/ReturnTs02025-09-15T09:50:04-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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