Lansing Area Folksong Society
- Assets
- $38.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Lansing, MI
- Founding
- 10/1984
- Data as of
- 06/2022
- EIN
- 38-2539500
Organization Overview
Lansing Area Folksong Society is located in East Lansing, MI. The organization was established in 1984. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lansing Area Folksong Society 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 06/2022, Lansing Area Folksong Society generated $56.5k 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 (8.2%) each year. All expenses for the organization totaled $59.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Kelly President & Membership Director | 4 | $0 | |
Deb Pierce Secretary | 2 | $0 | |
Julie Levy Dance Director | 4 | $0 | |
Julianna Wilson Fiddle Scouts | 4 | $0 | |
Ruelaine Stokes Gate Co-Director | 4 | $0 | |
Christopher Clampitt Treasurer | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,881 |
| Total Program Service Revenue | $46,406 |
| Membership dues | $7,604 |
| Investment income | $263 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $367 |
| Total Revenue | $56,521 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $36,582 |
| Occupancy, rent, utilities, and maintenance | $6,775 |
| Printing, publications, postage, and shipping | $735 |
| Other expenses | $15,617 |
| Total expenses | $59,709 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,355 |
| Other assets | $0 |
| Total assets | $38,883 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,883 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Midland Center For The Arts Inc Midland, MI | $105,520,024 | $38,518,398 |
John Michael Kohler Arts Center Inc Sheboygan, WI | $91,886,755 | $7,533,321 |
Bertha D Garten Ketcham Memorial Center Inc Odon, IN | $9,035,091 | $6,675,118 |
Kohler Trust For The Arts And Education Kohler, WI | $9,068,772 | $5,585,156 |
The Center For The Performing Arts Inc Carmel, IN | $11,269,434 | $4,631,898 |
Milwaukee County War Memorial Inc Milwaukee, WI | $14,315,972 | $2,406,675 |
Beck Center For The Arts Lakewood, OH | $7,579,389 | $3,024,551 |
The Ark Ann Arbor, MI | $4,959,177 | $2,583,819 |
The Works Ohio Center Of History Art & Technology Newark, OH | $33,943,893 | $2,939,769 |
Phipps Center For The Arts Inc Hudson, WI | $10,511,884 | $2,040,286 |
Ashwabay Alliance Inc Washburn, WI | $4,876,246 | $2,182,300 |
Gildas Club-Metro Detroit Royal Oak, MI | $2,293,053 | $1,222,316 |