2025-10-22T12:42:48-04:00 2024-12-31 813902230 ALEXANDER EDWARDS AND COMPANY CPAS PC 47 DOCK ST PLATTSBURGH NY 12901 990 2024-01-01 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 2025-10-14 true true JESSICA A LANGFIELD P01212138 5185631600 2025-10-22 2024 2025-03-06 01:10:19Z TRACY SMITH 17 ALGONQUIN DRIVE LAKE PLACID NY 12946 11044177 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. 19 19 9 -29346 2466919 9933225 580744 676174 172966 128779 120535 192525 3341164 10930703 518050 0 0 527010 645372 35148 150000 463170 1131230 1797747 2211438 2593119 1129726 8337584 4119947 12147795 1150252 821486 2969695 11326309 X 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 486090 202636 PRESENTING PROGRAMS: THE LAKE PLACID CENTER FOR THE ARTS PRESENTED ARTS PROGRAMS INCLUDING: 32 FILM SCREENINGS; 15 MUSIC PERFORMANCES; 9 DANCE PERFORMANCES; 12 THEATRE PERFORMANCES. 466685 297483 GALLERY PROGRAMS: THE LAKE PLACID CENTER FOR THE ARTS PRESENTED 6 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. 271867 176055 EDUCATION PROGRAMS: THE LAKE PLACID CENTER FOR THE ARTS PRESENTED ARTS EDUCATION INCLUDING: 3 ARTS EDUCATION PROGRAMS; 7 THEATRE PERFORMANCES; 2 DANCE PERFORMANCES; 3 MUSIC PERFORMANCES; BALLET AND DANCE TRAINING SCHOOL WITH 1 RECITALS AND 32 WEEKS OF INSTRUCTION; 1 ARTISTIC RESIDENCIES. NEW YORK STATE COUNCIL ON THE ARTS GRANT TO DISTRIBUTE TO OTHER ART ORGANIZATIONS TO ENCOURAGE PERFORMANCES TO VARIOUS AREAS. AWARDS WERE GIVEN TO OVER 70 ORGANIZATIONS. 1224642 true true false false false false false true false true true true false true true true true false false false false false false true true false false false false false false false false false false false false false true false false false false false false false false true 46 0 true 9 true true true false false false false true true false false false false false false false false X 19 19 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 87154 0 0 TERESA BRADY TRUSTEE 1.00 X 0 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 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 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 CATHY MCGRAW 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 MICHAEL TARDIF TRUSTEE 1.00 X 0 0 0 DENJA WEIBRECHT TRUSTEE 1.00 X 0 0 0 ALLIE WITHEE TRUSTEE 1.00 X 0 0 0 87154 false false false 23570 1556842 8352813 68601 9933225 PERFORMING ARTS 711190 676174 676174 676174 126422 126422 74347 69046 5301 5301 -29346 34647 4674 2317 2357 2357 2357 228581 23570 42111 186470 MISC. INC./REBATES 711190 754 754 754 10930703 676928 -29346 163426 87154 43577 26147 17430 425628 189902 163196 72530 7287 2550 3279 1458 82518 28881 37133 16504 42785 14975 19253 8557 1457 1457 13260 13260 150000 150000 11492 11492 126363 2015 124348 11405 11405 4342 2628 1714 77158 65584 7716 3858 11548 9238 1155 1155 619 619 65006 58612 6394 36315 32683 3632 PROGRAM EXPENSES 712689 712689 UNCOLLECTIBLE PLEDGES 558000 558000 CAPITAL RELATED EXPENSES 62618 62618 FISCAL SPONSORSHIP PAYOUT 48387 48387 57088 5540 48550 2998 2593119 1224642 905307 463170 218857 554311 8309 11165 524819 6553119 10000 13662 17054 5362649 3881499 1559943 1481150 356167 441746 957454 999392 480736 2079858 4119947 12147795 30653 37510 5894 13048 943386 612923 170319 158005 1150252 821486 X 2860195 3826627 109500 7499682 2969695 11326309 4119947 12147795 X 8337584 19030 X false true X true false X 515825 954030 586187 2466919 9933225 14456186 521266 694120 631985 712015 905509 3464895 3268 4109 636 521 8534 1040359 1652259 1218808 3179455 10838734 17929615 44252 46768 113819 211975 1688196 2105010 44252 46768 113819 211975 1688196 2105010 15824605 277205 93203 12507 191345 161069 735329 277205 93203 12507 191345 161069 735329 3268 4109 636 521 8534 1320832 1749571 1231951 3371321 10999803 18673478 0.84740 0.88450 0.04000 0.07000 X PART III, LINE 12 8,534 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 957454 100512 49800 8774 999392 878938 139017 51000 9501 957454 989185 25 -51637 52400 6235 878938 1147607 -96029 51200 11193 989185 940380 267101 50800 9074 1147607 0.94000 0.06000 true false 251512 251512 4757305 3588656 1168649 353832 292843 60989 1481150 ENDOWMENTS 999392 F 999392 ASSETS IN PROGRESS 2039766 OPERATING RIGHT OF USE ASSET,NET 40092 2079858 FISCAL SPONSORSHIP PAYABLE 51025 ACCRUED PAYROLL & OTHER EXPENSES 43243 OPERATING RIGHT OF USE LIABILITY 39518 REGRANT PAYABLE 18800 SALES TAX PAYABLE 2874 RENTAL - SECURITY DEPOSITS 1670 GIFT CERTIFICATES PAYABLE 875 158005 X 11049398 19030 111157 130187 10919211 11492 11492 10930703 2692784 111157 111157 2581627 11492 11492 2593119 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 3, PART X THE ASSOCIATION EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. AS OF DECEMBER 31, 2024, THE ASSOCIATION DOES NOT BELIEVE THAT IT HAS TAKEN ANY POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY OR TAX BENEFIT. SCHEDULE D, PAGE 4, PART XI, LINE 2D FUNDRAISING EXPENSES 42,111 UNRELATED INCOME EXPENSES 69,046 SCHEDULE D, PAGE 4, PART XII, LINE 2D FUNDRAISING EXPENSES 42,111 UNRELATED INCOME EXPENSES 69,046 X X X X X X true CH FISHER LLC 1823 MONROE STREET NE WASHINGTON DC 20018 FUNDRAISE false 84000 -84000 CMW STRATEGIES 223 BROADWAY STE 2310 NEW YORK NY 10279 FUNDRAISE false 150000 72000 78000 150000 156000 -6000 WINTER BENEFIT 128165 13770 114395 16899 SUMMER BENEFIT 123986 9800 114186 25212 252151 23570 228581 42111 42111 186470 X 23570 FMV X 2 45031 FMV false false false FORM 990, PAGE 2, PART III, LINE 4D NEW YORK STATE COUNCIL ON THE ARTS GRANT TO DISTRIBUTE TO OTHER ART ORGANIZATIONS TO ENCOURAGE PERFORMANCES TO VARIOUS AREAS. AWARDS WERE GIVEN TO OVER 70 ORGANIZATIONS. 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 42,111 UNRELATED INCOME EXPENSES 69,046 FUNDRAISING EXPENSES -42,111 UNRELATED INCOME EXPENSES -69,046