Lake Placid Forum For The Arts And Humanities Inc
- Assets
- $100.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Placid, NY
- Founding
- 10/1994
- Data as of
- 12/2021
- EIN
- 14-1774186
Organization Overview
Lake Placid Forum For The Arts And Humanities Inc is located in Lake Placid, NY. The organization was established in 1994. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake Placid Forum For The Arts And Humanities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Lake Placid Forum For The Arts And Humanities Inc generated $55.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $28.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DEVELOPED AND SPONSORED SERIES OF MEETINGS, LECTURES, SEMINARS AND WORKSHOPS INVOLVING VARIOUS ARTISTS, MUSICIANS, WRITERS; PUBLISHED HISTORICAL AND CULTURAL BOOKS; INTRODUCED AREA YOUTH TO POETRY, PHOTOGRAPHY, AND VIDEO EXHIBITION/COMPETITION OPPORTUNITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Mcgraw Chair | 3 | $0 | |
Ted Ughetta Vice Chair | 1.5 | $0 | |
Harris Semegram Treasurer | 1.5 | $0 | |
Ellen Mcmillin Secretary | 2 | $0 | |
Alexander Dashnaw At-Large Director | 1 | $0 | |
Maureen O'connor Deighan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,222 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,160 |
| Other Revenue | $193 |
| Total Revenue | $55,575 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,686 |
| Professional fees and other payments to independent contractors | $4,922 |
| Occupancy, rent, utilities, and maintenance | $4,013 |
| Printing, publications, postage, and shipping | $530 |
| Other expenses | $7,678 |
| Total expenses | $28,829 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,561 |
| Other assets | $0 |
| Total assets | $100,561 |
| Total liabilities | $450 |
| Net assets or fund balances | $100,111 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Lake Placid Forum For The Arts And Humanities Inc has recieved totaling $15,177.
| Awarding Organization | Amount |
|---|---|
Ora Foundation Wilmington, DE PURPOSE: GENERAL PURPOSE | $7,000 |
Kingsley Foundation Wilmington, DE PURPOSE: GENERAL PURPSES | $5,000 |
Singing Field Foundation Inc Waltham, MA PURPOSE: GENERAL SUPPORT GRANT | $3,000 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $177 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montgomery County Community Action Development Commission Norristown, PA | $3,474,447 | $9,701,447 |
Unique Life Inc Bronx, NY | $6,794,767 | $10,711,287 |
Vertex Foundation Inc Boston, MA | $5,076,822 | $15,007,934 |
Liberty Lutheran Services Ambler, PA | $87,780,400 | $9,720,613 |
Rogerson Communities Boston, MA | $47,463,639 | $10,337,482 |
St Boniface Haiti Foundation Inc Newton, MA | $12,232,493 | $9,069,662 |
Albany County Opportunity Incorporated Albany, NY | $9,044,384 | $9,921,411 |
Community Action Partnership Of Mercer County Sharon, PA | $4,458,318 | $9,067,066 |
Doctors Of The World-Usa Inc New York, NY | $5,138,998 | $8,908,023 |
United Food And Commercial Workers International Union Oriskany, NY | $2,992,541 | $8,981,591 |
Wayne County Action Program Inc Lyons, NY | $3,537,821 | $9,071,492 |
North East Kingdom Community Action Inc Newport, VT | $4,712,717 | $8,659,895 |