irs program accomplishments · form 990 part iii · fy2023
What they reported doing
- #1 primary $0THE FOUNDATION OWNS A COLLECTION OF ART AND MEMORABILIA DATING BACK TO THE MID 1800'S, A VERITABLE LIVING HISTORY OF NEW YORK THEATER HISTORY. THE FOUNDATION MAINTAINS AND RESTORES THE COLLECTION. WHEN POSSIBLE, THE ORGANIZATION ALSO ADDS TO THE COLLECTION.
named programs · 3 · from sources
What they call their work
Collection Preservation
Maintains and restores a historical collection of theater art and memorabilia dating to the 19th century, including paintings, manuscripts, and rare recordings.
Scott Glascock Scholarship
Annual scholarship program established in 2017 in cooperation with the American Musical & Dramatic Academy to support emerging talent in theater.
The Lambs Foundation Glascock Grant
Long-term grant program supporting member education initiatives of the Actors' Equity Foundation, funded by the bequest of Scott Glascock.
activities · 5 groups
What they do
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Performing Arts Archival Preservation 2 activities
- Funding archival cataloging and restoration through donationsAccepts tax-deductible donations to support the ongoing cataloging, preservation, and restoration of historical and archival materials related to theater history.
- Preservation and restoration of New York theater historical collectionsMaintains and restores a collection of art, memorabilia, theatrical ephemera, contracts, letters, papers, photographs, rare books, manuscripts, sound recordings, and musical scores related to New York theater history dating back to the mid-1800s, including a collection of sixty oil paintings. Adds to the collection when possible.
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Honor and Memorial Recognition Programs 1 activity
- Commemoration of deceased members through donation honorsReads names of deceased members in memory of whom donations were made during quarterly Council meetings and the annual meeting, and records these donation honors on the member's Roster page.
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Archival Digitization and Preservation 1 activity
- Development of online archival finding aidsDeveloping finding aids for the organization's archives to be published online in 2026, enhancing public and scholarly access to archival materials.
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Arts Education Scholarships 1 activity
- Funding scholarships and theatrical education programsProvides financial support to theatrical charities, educational programs, and nonprofit theater companies, including through the creation of the Scott Glascock Scholarship in partnership with the American Musical & Dramatic Academy in New York.
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Uncategorized 1 activity
- Historical provision of weekly dinners and entertainment for Allied service members during WWIIHosted 210 weekly dinners with live entertainment during World War II, serving over 50,000 meals to Allied military personnel.
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financials · form 990 · fy2023
revenue
Total revenue$35K
Contributions & grants$28K82%
Program service revenue$00%
Investment income$2251%
Other revenue$6K
expenses
Total expenses$175K
Program expenses70%
Admin / overhead28%
Fundraising2%
Salaries & benefits$0
Grants paid out$18K
Largest expense lineFacilities
balance sheet
Total assets$959K
Cash$362K
Investments$597K
Liabilities$0
Net assets$959K
Liquid reserves65.8 mo
4 years on record · 2020–2023 · YoY revenue -36.2%
leadership · form 990 part vii · fy2023
Who runs it
board members · 4
- DEBORAH STONE — TREASURER
- EILEEN LACY — REC/CORRES S
- MARC BARON — PRESIDENT
- PETER KINGSLEY — VICE PRESIDE
relationships · 12
Who they work with
- Actors Equity Association Foundation Partner — Receives support through The Lambs Foundation Glascock Grant for member education programs.
- American Musical & Dramatic Academy Partner — Partnered with the New York campus to create the Scott Glascock Scholarship in 2017.
- Broadway Cares/Equity Fights Aids Partner — One of the 2024 beneficiaries of The Lambs Foundation.
- Goodspeed Partner — One of the 2024 beneficiaries of The Lambs Foundation.
- La Mama Partner — One of the 2024 beneficiaries of The Lambs Foundation.
- Manhattan Theater Club Partner — One of the 2024 beneficiaries of The Lambs Foundation.
- PayPal Partner — Partner in online donation processing through the PayPal Fund; The Lambs Foundation is a confirmed PayPal charity.
- Roundabout Theater Partner — One of the 2024 beneficiaries of The Lambs Foundation.
- SAG-AFTRA Foundation Partner — One of the 2024 beneficiaries of The Lambs Foundation; hosts a commemorative chair and plaque in New York.
- Second Stage Theater Partner — One of the 2024 beneficiaries of The Lambs Foundation.
- The Lambs Network — Host organization whose historical collection is owned and maintained by The Lambs Foundation
- York Theater Partner — One of the 2024 beneficiaries of The Lambs Foundation.
strategies · 2
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Cultural Heritage Preservation through Archival Stewardshipmethodology: cultural_heritage_preservationBy curating and expanding a historical collection of theater-related art and memorabilia, the organization preserves show business and theater history, which serves as an educational resource for arts education and nonprofit theater groups, because access to cultural legacy strengthens contemporary practice and institutional memory.
- Support for Emerging Talent and New Theatrical Worksmethodology: emerging-talent-supportBy directing philanthropic resources toward emerging artists and new theatrical productions, the organization fosters innovation in the theater field, because early-stage support increases the likelihood of artistic development and long-term sector vitality.