Lake Placid Association For Music Drama & Art Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 875,381 | 1,011,149 | −135,768 | 26.7 | 27% |
| 2012 | 799,305 | 894,108 | −94,803 | 27.7 | 30% |
| 2013 | 934,284 | 968,195 | −33,911 | 26.4 | 30% |
| 2014 | 982,351 | 948,424 | 33,927 | 27.7 | 27% |
| 2015 | 929,012 | 1,060,678 | −131,666 | 23.0 | 26% |
| 2016 | 1,337,067 | 1,189,256 | 147,811 | 21.1 | 28% |
| 2017 | 1,184,772 | 1,285,484 | −100,712 | 19.6 | 23% |
| 2018 | 1,364,100 | 1,361,156 | 2,944 | 18.9 | 23% |
| 2019 | 1,235,931 | 1,380,096 | −144,165 | 16.5 | 26% |
| 2020 | 1,389,311 | 1,462,121 | −72,810 | 15.0 | 22% |
| 2021 | 1,305,551 | 1,182,221 | 123,330 | 20.3 | 31% |
| 2022 | 1,220,099 | 1,132,890 | 87,209 | 19.3 | 20% |
| 2023 | 3,341,164 | 2,211,438 | 1,129,726 | 16.1 | 18% |
In its most recent public year (2023), this organization brought in $1,129,726 more than it spent. Its reserves stood at about 16.1 months of spending, down from 26.7 in 2011. Staff pay was 18% of spending. $109,500 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Lake Placid Association For Music Drama & Art Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works