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 12/2023, Lake George Music Festival generated $185.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $199.4k during the year ending 12/2023. While expenses have increased by 14.0% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
A CLASSICAL MUSIC FESTIVAL IN LAKE GEORGE, NY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alexander Lombard CEO | 6 | $6,000 | |
Roger Kalia Music Director | 2 | $4,000 | |
Barbora Kolarova Artistic Director | 6 | $12,000 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $100,879 |
Total Program Service Revenue | $71,872 |
Membership dues | $12,789 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $185,540 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $6,000 |
Professional fees and other payments to independent contractors | $88,678 |
Occupancy, rent, utilities, and maintenance | $51,567 |
Printing, publications, postage, and shipping | $5,678 |
Other expenses | $47,500 |
Total expenses | $199,423 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $169,000 |
Other assets | $0 |
Total assets | $169,000 |
Total liabilities | $0 |
Net assets or fund balances | $169,000 |