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Nonprofit · EIN 75-1513773

LONE STAR BALLET INC

Tax-exempt · AMARILLO, TX 79109

Financials

$1.3M$1.4M2022$1.1M$1.3M2023$1.1M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of LONE STAR BALLET INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$1,148,178$1,203,166-$54,988$2,547,038$442,889$2,104,149
May 31, 2024990$1,140,464$1,343,453-$202,989$2,562,081$453,273$2,108,808
May 31, 2023990$1,265,840$1,444,920-$179,080$2,599,177$398,337$2,200,840
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$216,209
Membership dues
$6,235
Program service revenue
$587,822
Investment income
$83,435
Net gain from sales of assets
$16,822
Net income from fundraising events
$168,298
Net income from sales of inventory
$92,414
Other revenue
$260,712

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$95,000
Other salaries and wages
$36,990
Salaries, compensation and benefits (total)
$161,473
Professional fundraising fees
$0
Accounting fees
$7,179
Occupancy
$77,218
Travel
$22,838
Depreciation
$86,532
Program services (functional)
$1,020,272
Management and general (functional)
$154,682
Fundraising (functional)
$28,212

Balance sheet and other

Total assets, start of year
$2,562,081
Total assets, end of year
$2,547,038
Total liabilities, end of year
$442,889
Net assets, end of year
$2,104,149
Land, buildings and equipment
$939,362
Publicly traded securities
$1,416,419
Net assets without donor restrictions
$2,104,149
Gross receipts
$1,339,385
Employees
11
Volunteers
25
Year formed
1975
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended May 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CRAIG HENDERSONEXECUTIVE DI
Trustee or director, Officer
40$95,000
EDDIE BOYDTREASURER
Trustee or director, Officer
1$0
CINDY BROWNSECRETARY
Trustee or director, Officer
1$0
KAREN COREABOARD MEMBER
Trustee or director
1$0
HEATHER FLEMINGBOARD MEMBER
Trustee or director
1$0
KAREN ISERNBOARD MEMBER
Trustee or director
1$0
LORENE LACERPRESIDENT
Trustee or director, Officer
1$0
BUTCH LAUFFERBOARD MEMBER
Trustee or director
1$0
TERRY PRICEPAST PRESIDE
Trustee or director, Officer
1$0
BRICE SHEETSVICE PRESIDE
Trustee or director, Officer
1$0
ANNE THOMASBOARD MEMBER
Trustee or director
1$0
AUDREY WALLACEBOARD MEMBER
Trustee or director
1$0
990 for the year ended May 31, 2024: 12 people
NameTitleHours / weekCompensation
CRAIG HENDERSONEXECUTIVE DI
Trustee or director, Officer
40$99,500
EDDIE BOYDTREASURER
Trustee or director, Officer
1$0
CINDY BROWNSECRETARY
Trustee or director, Officer
1$0
KAREN COREABOARD MEMBER
Trustee or director
1$0
HEATHER FLEMINGBOARD MEMBER
Trustee or director
1$0
KAREN ISERNBOARD MEMBER
Trustee or director
1$0
LORENE LACERPRESIDENT
Trustee or director, Officer
1$0
BUTCH LAUFFERBOARD MEMBER
Trustee or director
1$0
TERRY PRICEPAST PRESIDE
Trustee or director, Officer
1$0
BRICE SHEETSVICE PRESIDE
Trustee or director, Officer
1$0
ANNE THOMASBOARD MEMBER
Trustee or director
1$0
AUDREY WALLACEBOARD MEMBER
Trustee or director
1$0
990 for the year ended May 31, 2023: 12 people
NameTitleHours / weekCompensation
CRAIG HENDERSONEXECUTIVE DI
Officer
40$98,500
EDDIE BOYDTREASURER
Trustee or director, Officer
1$0
CINDY BROWNSECRETARY
Trustee or director, Officer
1$0
KAREN COREADIRECTOR
Trustee or director
1$0
BILL HAMKERDIRECTOR
Trustee or director
1$0
JOHN BROADFOOT IIDIRECTOR
Trustee or director
1$0
KAREN ISERNDIRECTOR
Trustee or director
1$0
LORENE LACERDIRECTOR
Trustee or director
1$0
BUTCH LAUFFERDIRECTOR
Trustee or director
1$0
TERRY PRICEVICE-PRESIDE
Trustee or director, Officer
1$0
ANNE THOMASDIRECTOR
Trustee or director
1$0
AUDREY WALLACEDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
3218 HOBBS RD, AMARILLO, TX 79109-3224
Principal officer (990 for 2024)
CRAIG HENDERSON, 3218 HOBBS, AMARILLO, TX 79109
Signed the 990
CRAIG HENDERSON, EXECUTIVE DIRECTOR
Phone
(806) 372-2463
Return prepared by
WILSON HAAG PLLC

Mission

THE MISSION OF THE LONE STAR BALLET, INC. IS TO PRODUCE THE ART OF DANCE, AND CONTRIBUTE TO THE EDUCATION, CULTURE AND ENTERTAINMENT OF THE PEOPLE OF TEXAS.

990 for the year ended May 31, 2025

Program accomplishments

  • DANCE PERFORMANCES AND PRODUCTIONS/SHOWS EACH YEAR THERE ARE FOUR MAJOR PRODUCTIONS PRESENTED AND SEVERAL TOURING DANCE PRODUCTIONS.
    Expenses $862,538 · revenue $765,438
  • DANCE ACADEMY CLASSES HELD DURING THE YEAR IN ORDER TO TRAIN, NURTURE, AND PROMOTE AREA DANCERS AND ARTISTIC PERFORMANCES IN THE PANHANDLE OF TEXAS AND SURROUNDING AREA.
    Expenses $143,990 · revenue $210,108
  • OTHER
    Expenses $13,744 · revenue $347,152

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
75-1513773
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1978
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,547,038
Income (IRS master file)
$1,339,385

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$1,148,178$1,203,166$2,547,038XML
990May 2024$1,140,464$1,343,453$2,562,081XML
990May 2023$1,265,840$1,444,920$2,599,177XML
990May 2022$1,229,506$1,241,079$2,855,420IRS
990May 2021–––IRS
990May 2020–––IRS
990May 2019–––IRS
990May 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-1513773).

Questions about LONE STAR BALLET INC

What is the EIN of LONE STAR BALLET INC?
The employer identification number (EIN) of LONE STAR BALLET INC is 75-1513773.
Is LONE STAR BALLET INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to LONE STAR BALLET INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LONE STAR BALLET INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LONE STAR BALLET INC due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LONE STAR BALLET INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of LONE STAR BALLET INC?
The 990 for the year ended May 31, 2025 names CRAIG HENDERSON.
Who are the officers and directors of LONE STAR BALLET INC?
The 990 for the year ended May 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $95,000 (CRAIG HENDERSON, EXECUTIVE DI).
How much revenue does LONE STAR BALLET INC have?
On its 990 for the year ended May 31, 2025 it reported revenue of $1,148,178, expenses of $1,203,166 and total assets of $2,547,038 at year end.

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