Lake George Music Festival
- Assets
- $221.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Queensbury, NY
- Founding
- 08/2012
- Data as of
- 12/2022
- EIN
- 45-3041321
Organization Overview
Lake George Music Festival is located in Queensbury, NY. The organization was established in 2012. According to its NTEE Classification (A68) the organization is classified as: Music, 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. Lake George Music Festival 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 12/2022, Lake George Music Festival generated $126.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $141.3k during the year ending 12/2022. While expenses have increased by 9.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
A CLASSICAL MUSIC FESTIVAL IN LAKE GEORGE, NY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexander Lombard CEO | 12 | $6,000 | |
Barbora Kolarova Artistic Director | 5 | $5,000 | |
Roger Kalia Music Director | 2 | $4,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $126,070 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $126,070 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,000 |
| Professional fees and other payments to independent contractors | $56,000 |
| Occupancy, rent, utilities, and maintenance | $5,000 |
| Printing, publications, postage, and shipping | $7,000 |
| Other expenses | $62,306 |
| Total expenses | $141,306 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $221,354 |
| Other assets | $0 |
| Total assets | $221,354 |
| Total liabilities | $0 |
| Net assets or fund balances | $221,354 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Lake George Music Festival has recieved totaling $18,750.
| Awarding Organization | Amount |
|---|---|
William Penn Foundation Philadelphia, PA PURPOSE: GENERAL SUPPORT | $5,000 |
Dubose & Dorothy Heyward Memorial Fund Pittsburgh, PA PURPOSE: GENERAL OPERATING PURPOSES | $2,500 |
Charles R Wood Foundation Wilmington, DE PURPOSE: LAKE GEORGE MUSIC FESTIVAL - AUGUST 18-25, 2021 | $2,500 |
J M Mcdonald Foundation Inc Wilmington, DE PURPOSE: LAKE GEORGE MUSIC FESTIVAL 2021 | $2,000 |
Glenn And Carol Pearsall Adirondack Foundation Inc Johnsburg, NY PURPOSE: USED TO COVER PERFORMANCE RELATED EQUIPMENT NEEDS SUCH AS: STAGING, PIPE AND DRAPES, COMPUTER TECHNOLOGY, AND ADDITIONAL CONCERT LIGHTING. | $2,000 |
Alfred Z Solomon Test Tr Saratoga Springs, NY PURPOSE: 2022 LAKE GEORGE MUSIC FESTIVAL | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jazz At Lincoln Center Inc New York, NY | $222,896,771 | $27,240,751 |
Handel And Haydn Society Boston, MA | $29,038,335 | $22,868,295 |
Groton Hill Music Inc Groton, MA | $210,830,113 | $41,196,688 |
Newport Festivals Foundation Inc Essex, MA | $20,080,911 | $11,132,304 |
Whyhunger Inc New York, NY | $5,607,325 | $7,869,621 |
Caramoor Center For Music & The Arts Inc Katonah, NY | $49,439,168 | $6,140,543 |
Save The Music Foundation New York, NY | $5,156,662 | $8,206,045 |
Rockport Music Inc Rockport, MA | $31,791,427 | $3,720,672 |
American Friends Of Les Arts Florissants Inc New York, NY | $1,107,997 | $2,546,808 |
Chicken & Egg Pictures Inc Brooklyn, NY | $9,525,742 | $4,390,371 |
Young Concert Artists Inc New York, NY | $10,777,916 | $2,607,839 |
Play On Philly Philadelphia, PA | $3,128,034 | $1,933,765 |