Lake George Music Festival
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 78,403 | 73,517 | 4,886 | 8.1 | — |
| 2016 | 117,190 | 73,733 | 43,457 | 15.2 | — |
| 2017 | 131,614 | 126,351 | 5,263 | 9.4 | — |
| 2018 | 102,441 | 109,274 | −6,833 | 12.1 | — |
| 2019 | 128,955 | 103,444 | 25,511 | 15.7 | — |
| 2020 | 93,125 | 77,866 | 15,259 | 33.0 | — |
| 2021 | 117,125 | 94,944 | 22,181 | 29.9 | — |
| 2022 | 126,070 | 141,306 | −15,236 | 18.8 | — |
| 2023 | 185,540 | 199,423 | −13,883 | 10.2 | — |
In its most recent public year (2023), this organization spent $13,883 more than it brought in. Its reserves stood at about 10.2 months of spending, up from 8.1 in 2015.
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 George Music Festival'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