Lightning Ridge Opal & Fossil Centre Incorporated

Lightning Ridge Opal & Fossil Centre Incorporated is a large-scale charity established in 1997. Their main activity is registered as natural history museums primarily serving children - aged 6 to under 15 youth - 15 to under 25 adults - aged 25 to under 65 adults - aged 65 and over families people in rural/regional/remote communities general community in australia.

LROFC Inc manages the Australian Opal Centre (AOC), through which it continues to: Share knowledge and increase awareness about Australia's National Gemstone, Australia's opalised fossils, and the natural and cultural heritage of Australia's remote opal fields and their culturally diverse communities Manage and provide access to a collection of opalised fossils and opal-related items; run a public exhibition space; enable peer-reviewed palaeontological research, and scientific and general publications Hold fossil digs, exhibitions, lectures, performances and other cultural events; run classes, education programs and social activities; run volunteer and membership programs Provide information and image services to educational institutions, members of the public, researchers, journalists, artists, community groups, government and non-government organisations Collaborate with and provide support to other organisations with shared objectives Share knowledge, foster creativity, and advance regional community economic and cultural development Fundraising activities and revenue from programs enable the LROFC / AOC to pursue its purposes. In 2020, a major activity was completion of design and documentation for a new Australian Opal Centre AOC building that will be an exemplar of sustainable building design in semi-arid Australia.

Lightning Ridge Opal & Fossil Centre Incorporated

Who They Help

  • Youth - 15 to under 25
  • People in rural/regional/remote communities
  • General community in Australia
  • Families
  • Children - aged 6 to under 15
  • Adults - aged 65 and over
  • Adults - aged 25 to under 65

Employees

Full-time
1
Part-time
2
Casual
1
Volunteers
40

Total employee expenses: $153,730 (6% of revenue).
Average full-time equivalent salary: $76,865.

Revenue vs Expenses

Lightning Ridge Opal & Fossil Centre Incorporated has seen an average annual growth of 124% in revenue versus a 119% p.a. increase in expenses. This can be a good sign of financial health.

Assets vs Liabilities

As of 2020, Lightning Ridge Opal & Fossil Centre Incorporated has a debt-to-equity (D/E) ratio of 0.03. This is considered safer than average within the charity space.

Sources of Revenue

Sources of Expense

Responsible People

Jenny Molyneux
President
Margaret Pickworth
Treasurer
Janet Town
Committee Member
James Young
Committee Member
David Brown
Committee Member
Clyte Smith
Vice-president
Timothy Cowley
Secretary

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ABN
20377425512
Registration Status
Charity is registered.
DGR Status
Endorsed

Donations can be claimed as a tax deduction.

Office Address
3/11 Morilla St
Lightning Ridge
NSW 2834
Australia
Operating States
NSW
Entity Type
Other Incorporated Entity

Other incorporated entity includes an entity that has the same characteristics as a company but is not incorporated as a corporation's law company. This category includes: a branch of an overseas company not incorporated in Australia (often the name ends in corporation) incorporated associations which are incorporated under a State Act incorporated charitable institutions

Contacts
02 6829 1667
[email protected]
[email protected]

Website
Categories
community, fund raising, nsw, society, information, not for profit, charitable purposes, researchers, media, cultural, tourism, Lightning Ridge