Friends Of Lake Orchestra is located in Hartville, OH. The organization was established in 2019. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, 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. Friends Of Lake Orchestra 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 12/2023, Friends Of Lake Orchestra generated $17.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $22.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dave Barrett President | 2 | $0 | |
Amy Kunes Vice Preside | 2 | $0 | |
Jenn Yokley Treasurer | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $4,761 |
Interest on Savings | $1 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $9,687 |
Other Income | $2,958 |
Total Revenue | $17,407 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $18,301 |
Total operating and administrative expenses | $18,309 |
Contributions, gifts, grants paid | $4,000 |
Total expenses and disbursements | $22,309 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $13,100 |
Savings and temporary cash investments | $864 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $13,964 |
Accounts payable and accrued expenses | $2,439 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $2,439 |
Over the last fiscal year, Friends Of Lake Orchestra has awarded $4,000 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
KAITLYN ALCORN PURPOSE: SCHOOL SCHOLARSHIP | $1,000 |
ALEXA DUNKLE PURPOSE: SCHOOL SCHOLARSHIP | $1,000 |
MOLLY HARRIS PURPOSE: SCHOOL SCHOLARSHIP | $1,000 |
EMILY NIEDERMEYER PURPOSE: SCHOOL SCHOLARSHIP | $1,000 |