Lincoln Center Theater is an independent non-profit foundation located in New York, New York. Established in 1985, the purpose of LCT is to promote the study, appreciation, and advancement of theater and the performing arts among the general public. The Vivian Beaumont Theater, Mitzi E. Newhouse Theater and Claire Tow Theater are operated by the Lincoln Center Theater (LCT). The assets are managed and administered by the board of directors.Lincoln Center Theater's investment portfolio is valued at over $125.17 million, with investments in private equity, hedge funds, natural resources, publicly-traded equities, fixed income securities, and cash.