Lake City Concert Series
- Assets
- $105.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake City, SC
- Founding
- 10/1992
- Data as of
- 06/2022
- EIN
- 57-0899940
Organization Overview
Lake City Concert Series is located in Lake City, SC. The organization was established in 1992. According to its NTEE Classification (A26) the organization is classified as: Arts & Humanities Councils & Agencies, 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 City Concert Series 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, Lake City Concert Series generated $18.6k 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 (7.2%) each year. All expenses for the organization totaled $27.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED CONCERTS AND CULTURAL EVENTS FOR THE CITIZENS OF THE GREATER LAKE CITY AREA. SPECIFICALLY PROVIDED ART AND ENTERTAINMENT IN THE LOCAL SCHOOLS (K-12TH GRADE).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julia G Mims Treasurer | 0.1 | $0 | |
Reveley Thomy Board Member | 0.05 | $0 | |
Betty F Stone President | 1 | $0 | |
Mary Alice Thomy Bogue Board Member | 0.1 | $0 | |
Douglas Walters Board Member | 0.05 | $0 | |
Angel Neil Yock Board Member | 0.05 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,527 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,191 |
| Gain or Loss | $13,873 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,591 |
| 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 | $17,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,204 |
| Other expenses | $8,742 |
| Total expenses | $27,446 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,440 |
| Other assets | $0 |
| Total assets | $105,298 |
| Total liabilities | $0 |
| Net assets or fund balances | $105,298 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lake City Concert Series has recieved totaling $21.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $21 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arts Council Incorporated Winston-Salem Arts Council Winstonsalem, NC | $15,705,377 | $2,746,354 |
Chapman Cultural Center Inc Spartanburg, SC | $23,950,821 | $2,123,080 |
North Carolina Humanities Council Charlotte, NC | $2,197,159 | $2,458,418 |
Arts Council Of Fayetteville Fayetteville, NC | $3,779,003 | $2,578,724 |
United Arts Council Of Raleigh And Wake County Inc Raleigh, NC | $1,299,106 | $2,647,753 |
Durham Arts Council Inc Durham, NC | $657,218 | $2,110,368 |
Metropolitan Arts Council Greenville, SC | $3,409,693 | $2,105,516 |
United Arts Council Of Greater Greensboro Inc Greensboro, NC | $1,155,592 | $966,419 |
South Carolina Humanites Council Columbia, SC | $1,135,009 | $1,053,218 |
Yadkin Arts Council Inc Yadkinville, NC | $2,901,879 | $903,830 |
Surry Arts Council Mount Airy, NC | $4,722,347 | $1,678,022 |
Greater Augusta Arts Council Inc Augusta, GA | $394,286 | $813,161 |