LTS Lübecker Theater Stiftung

LTS Lübecker Theater Stiftung is a legally capable foundation under civil law based in Lübeck. Founded on September 28, 2016, with an endowment of 355,000 euros, it exclusively and directly pursues charitable purposes within the meaning of the German Fiscal Code. The purpose of the foundation is to procure funds to promote art and culture at the venues operated by Theater Lübeck gGmbH in the Hanseatic City of Lübeck. The foundation operates selflessly, finances its activities from the income of the foundation’s assets and from third-party donations, and does not grant any legal claims to benefits.

The Lübeck Theater Foundation is committed to the permanent and sustainable promotion of Lübeck as a cultural and theatrical location. Its goal is to establish a solid financial foundation alongside public funding to enable artistic highlights in music and spoken theater. By attracting private donors and benefactors, the foundation aims to generate a multiple of the initial capital in the long term and to make annually eligible disbursements to Theater Lübeck from the proceeds.

The primary target group of the foundation is the Theater Lübeck gGmbH with its musical and dramatic productions. Special consideration is given to the house's work with children and youth: of the approximately 180,000 visitors in the last season, about 40,000 were children, adolescents, and young adults. Additional target groups are potentially supportive private individuals and companies who can contribute as founders and donors to the preservation and further development of the theater operations.