2023-11-10T09:27:54-05:00 2022-12-31 813902230 ALEXANDER EDWARDS AND COMPANY CPAS PC 47 DOCK ST PLATTSBURGH NY 12901 990 2022-06-01 146030874 THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC LAKE 5185232512 17 ALGONQUIN DRIVE LAKE PLACID NY 12946 TRACY SMITH CO-PRESIDENT 5185232512 2023-11-10 true TRACY SMITH 990009999 true JESSICA A LANGFIELD P01212138 5185631600 2023-11-10 2022 2023-04-26 12:10:37Z TRACY SMITH 17 ALGONQUIN DRIVE LAKE PLACID NY 12946 1241614 false X WWW.LAKEPLACIDARTS.ORG X 1972 NY THE LAKE PLACID CENTER FOR THE ARTS IS DEDICATED TO PRESENTING AND FOSTERING QUALITY ARTS, WHICH INSPIRE, ENRICH, EDUCATE AND ENTERTAIN PEOPLE OF ALL AGES. 20 20 13 55 -586 954030 586187 607092 527351 93203 12507 78444 94054 1732769 1220099 0 0 451402 293659 0 59543 1269042 839231 1720444 1132890 12325 87209 2320981 3046882 511519 1228757 1809462 1818125 THE LAKE PLACID CENTER FOR THE ARTS IS DEDICATED TO PRESENTING AND FOSTERING QUALITY ARTS, WHICH INSPIRE, ENRICH, EDUCATE, AND ENTERTAIN PEOPLE OF ALL AGES. false false 612946 312015 PRESENTING PROGRAMS: THE LAKE PLACID CENTER FOR THE ARTS PRESENTED ARTS PROGRAMS INCLUDING: 27 FILM SCREENINGS; 10 MUSIC PERFORMANCES; 5 DANCE PERFORMANCES; 4 THEATRE PERFORMANCES. 200417 175795 GALLERY PROGRAMS: THE LAKE PLACID CENTER FOR THE ARTS PRESENTED 4 GALLERY EXHIBITIONS IN THE FINE ARTS GALLERY. THE LAKE PLACID CENTER FOR THE ARTS ALSO OPERATED A GALLERY ON MAIN STREET IN DOWNTOWN LAKE PLACID. 77420 39541 EDUCATION PROGRAMS: THE LAKE PLACID CENTER FOR THE ARTS PRESENTED ARTS EDUCATION INCLUDING: 3 ARTS EDUCATION PROGRAMS; 0 THEATRE PERFORMANCES; 0 DANCE PERFORMANCES; 4 MUSIC PERFORMANCES; BALLET AND DANCE TRAINING SCHOOL WITH 0 RECITALS AND 15 WEEKS OF INSTRUCTION; 2 ARTISTIC RESIDENCIES. 890783 true true false false false false false true false true true true false false true false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 46 0 true 13 true true true false false false false false false false false false false false false false X 20 20 false false false false false false false true true false false true true true true true true true false false NY X X X JAMES LEMONS 5185232512 17 ALGONQUIN DRIVE LAKE PLACID NY 12946 JAMES LEMONS EXECUTIVE DI 40.00 X 39308 0 0 CHERYL BRAUNSTEIN TRUSTEE 1.00 X 0 0 0 MARYLOU BROWN TRUSTEE 1.00 X 0 0 0 ADELE CONNORS CO-PRESIDENT 1.00 X X 0 0 0 KATHY DAGGETT TRUSTEE 1.00 X 0 0 0 MATTHEW FISHER TRUSTEE 1.00 X 0 0 0 MIKE FOOTE SECRETARY 1.00 X X 0 0 0 SARAH GALVIN TRUSTEE 1.00 X 0 0 0 JOAN GIGNOUX TRUSTEE 1.00 X 0 0 0 DEBBIE HEIDECORN VICE PRESIDE 1.00 X X 0 0 0 TRACEY LEGAT HOWE TRUSTEE 1.00 X 0 0 0 JENNIFER JENNINGS TRUSTEE 1.00 X 0 0 0 CATHY JOHNSTON TREASURER 1.00 X X 0 0 0 TAMMY LOEWY TRUSTEE 1.00 X 0 0 0 NANCY MASTER TRUSTEE 1.00 X 0 0 0 JUDY MEAGHER TRUSTEE 1.00 X 0 0 0 DARCY NORFOLK TRUSTEE 1.00 X 0 0 0 JOEL PELLER TRUSTEE 1.00 X 0 0 0 MARGIE PHILO TRUSTEE 1.00 X 0 0 0 DALE SKIVINGTON TRUSTEE 1.00 X 0 0 0 TRACY SMITH CO-PRESIDENT 1.00 X X 0 0 0 39308 false false false 5438 900 579849 5438 586187 PERFORMING ARTS 711190 527351 527351 527351 12507 12507 27603 10299 17304 17304 -586 17890 87330 5438 11216 76114 MISC. INC./REBATES 711190 636 636 636 1220099 527987 -586 30397 39308 19654 11792 7862 188350 65922 84757 37671 3641 1638 1820 183 43188 12956 25913 4319 19172 6710 8627 3835 4398 4398 7563 7563 9644 9644 9599 9599 7956 3737 311 3908 23203 19723 2320 1160 614 492 61 61 103 93 10 30335 27593 2742 20260 18234 2026 PROGRAM EXPENSES 702852 702852 GENERAL & ADMINISTRATIVE 13230 13230 SUPPLIES 8379 1257 7122 MISCELLANEOUS 648 323 228 97 447 447 1132890 890783 182564 59543 158238 126118 2848 4845 29000 7850 535 629 1087 5340054 3714854 773121 1625200 334655 316925 989185 878938 32770 85919 2320981 3046882 30806 80771 124314 10295 317056 958839 39343 178852 511519 1228757 X 1699962 1704343 109500 113782 1809462 1818125 2320981 3046882 X 87209 -78546 X false true X true false X 517058 598562 515825 954030 586187 3171662 687167 776997 521266 694120 631985 3311535 2610 1390 3268 4109 636 12013 1206835 1376949 1040359 1652259 1218808 6495210 18357 17148 44252 46768 113819 240344 18357 17148 44252 46768 113819 240344 6254866 98975 30526 277205 93203 12507 512416 98975 30526 277205 93203 12507 512416 2610 1390 3268 4109 636 12013 1308420 1408865 1320832 1749571 1231951 7019639 0.89110 0.89500 0.07000 0.08000 X PART III, LINE 12 12,013 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 989185 25 -51637 52400 6235 878938 1147607 -96029 51200 11193 989185 940380 267101 50800 9074 1147607 996705 3794 51305 8814 940380 1068628 -10890 50145 10888 996705 0.93000 0.07000 true false 251512 251512 4757305 3490221 1267084 331237 224633 106604 1625200 ENDOWMENTS 878938 F 878938 OPERATING RIGHT OF USE LIABILITY 82911 ACCRUED PAYROLL & OTHER EXPENSES 63364 BANK OVERDRAFT 22627 SALES TAX PAYABLE 4925 RENTAL - SECURITY DEPOSITS 4600 GIFT CERTIFICATES PAYABLE 425 178852 1155505 -78546 21515 -57031 1212536 7563 7563 1220099 1146842 21515 21515 1125327 7563 7563 1132890 SCHEDULE D, PAGE 2, PART V, LINE 4 THE RESTRICTED ENDOWMENT FUND IS DONOR RESTRICTED FOR PERMANENT RETENTION. THE BOARD DESIGNATED ENDOWMENTS ARE TO SUPPORT CONTINUED OPERATIONS AND TO FUND CAPITAL PROJECTS AS NEEDED. SCHEDULE D, PAGE 4, PART XI, LINE 2D FUNDRAISING EXPENSES 11,216 UNRELATED INCOME EXPENSES 10,299 SCHEDULE D, PAGE 4, PART XII, LINE 2D FUNDRAISING EXPENSES 11,216 UNRELATED INCOME EXPENSES 10,299 WINTER BENEFIT 49428 5438 43990 6660 SUMMER BENEFIT 43340 43340 4556 92768 5438 87330 11216 11216 76114 FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTEE WILL MEET TO REVIEW AND APPROVE FORM 990 BEFORE IT IS FILED. THEY PRESENT IT TO THE FULL BOARD FOR THEIR REVIEW FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY IS PROVIDED TO EVERY NEW BOARD MEMBER AT THE BEGINNING OF THEIR TERM AND THEY REVIEW AND SIGN IT. THE GOVERNANCE COMMITTEE REVIEWS THE POLICY EVERY TWO YEARS AND UPDATES IT AS NEEDED. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR'S SALARY IS DETERMINED BY THE HUMAN RELATIONS COMMITTEE AND SET BY THE EXECUTIVE COMMITTEE DURING THE BUDGET PLANNING PROCESS. FORM 990, PAGE 6, PART VI, LINE 18 FORM 990 AND REPORTS ARE AVAILABLE ON THE WEBSITE OF THE NY ATTORNEY GENERAL, GUIDESTAR, OR UPON REQUEST. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO EVERY BOARD MEMBER AT THE INCEPTION OF THEIR TERM. THE PUBLIC MAY REQUEST THE DOCUMENTS IN WRITING OR VERBALLY FROM THE ORGANIZATION. FORM 990, PART XI, LINE 9 FUNDRAISING EXPENSES 11,216 UNRELATED INCOME EXPENSES 10,299 FUNDRAISING EXPENSES -11,216 UNRELATED INCOME EXPENSES -10,299