Civic Intelligence

Lake George Arts Project Inc

EIN 14-1596748 • 501(c)3 • Lake George, NY

Profile

To offer programs in the arts.

1 Amherst StLake George, NY 12845

www.lakegeorgearts.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.00x

Higher debt load relative to revenue than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

56th percentile

4.8%

Higher net margin than 56% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

63rd percentile

5.6%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$261,968

Up $13,979 (+5.6%) from 2023

Liabilities

Down

$431

Down $291 (-40%) from 2023

Net Assets

Up

$261,537

Up $14,270 (+5.8%) from 2023

Revenue

Up

$298,889

Up $32,707 (+12%) from 2023

Expenses

Up

$284,619

Up $69,149 (+32%) from 2023

Net Income

Down

$14,270

Down $36,442 (-72%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2010: $77,897Liabilities 2010: $22,569Net Assets 2010: $55,3282010Assets 2011: $76,331Liabilities 2011: $20,190Net Assets 2011: $56,1412011Assets 2012: $48,762Liabilities 2012: $1,861Net Assets 2012: $46,9012012Assets 2013: $54,797Liabilities 2013: $1,888Net Assets 2013: $52,9092013Assets 2014: $28,863Liabilities 2014: $1,886Net Assets 2014: $26,9772014Assets 2015: $28,496Liabilities 2015: $3,089Net Assets 2015: $25,4072015Assets 2016: $35,289Liabilities 2016: $2,585Net Assets 2016: $32,7042016Assets 2017: $41,144Liabilities 2017: $1,130Net Assets 2017: $40,0142017Assets 2018: $55,056Liabilities 2018: $3,769Net Assets 2018: $51,2872018Assets 2019: $57,740Liabilities 2019: $3,586Net Assets 2019: $54,1542019Assets 2020: $82,695Liabilities 2020: $3,680Net Assets 2020: $79,0152020Assets 2021: $162,980Liabilities 2021: $12,512Net Assets 2021: $150,4682021Assets 2022: $198,986Liabilities 2022: $2,431Net Assets 2022: $196,5552022Assets 2023: $247,989Liabilities 2023: $722Net Assets 2023: $247,2672023Assets 2024: $261,968Liabilities 2024: $431Net Assets 2024: $261,5372024

Highlighted filing

2024

Assets$261,968
Liabilities$431
Net Assets$261,537

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $161,160Expenses 2010: $168,653Net Income 2010: -$7,4932010Revenue 2011: $173,279Expenses 2011: $172,466Net Income 2011: $8132011Revenue 2012: $170,772Expenses 2012: $180,012Net Income 2012: -$9,2402012Revenue 2013: $190,101Expenses 2013: $179,093Net Income 2013: $11,0082013Revenue 2014: $170,976Expenses 2014: $181,911Net Income 2014: -$10,9352014Revenue 2015: $206,364Expenses 2015: $207,934Net Income 2015: -$1,5702015Revenue 2016: $192,873Expenses 2016: $185,576Net Income 2016: $7,2972016Revenue 2017: $192,299Expenses 2017: $184,989Net Income 2017: $7,3102017Revenue 2018: $214,163Expenses 2018: $200,553Net Income 2018: $13,6102018Revenue 2019: $208,427Expenses 2019: $205,560Net Income 2019: $2,8672019Revenue 2020: $150,607Expenses 2020: $125,746Net Income 2020: $24,8612020Revenue 2021: $267,009Expenses 2021: $195,556Net Income 2021: $71,4532021Revenue 2022: $257,795Expenses 2022: $211,709Net Income 2022: $46,0862022Revenue 2023: $266,182Expenses 2023: $215,470Net Income 2023: $50,7122023Revenue 2024: $298,889Expenses 2024: $284,619Net Income 2024: $14,2702024

Highlighted filing

2024

Revenue$298,889
Expenses$284,619
Net Income$14,270

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.62$0.00$2.62$2.99$2.85$0.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.48$0.01$2.47$2.66$2.15$0.51
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.02$1.97$2.58$2.12$0.46
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.13$1.50$2.67$1.96$0.71
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.04$0.79$1.51$1.26$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.04$0.54$2.08$2.06$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.04$0.51$2.14$2.01$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.01$0.40$1.92$1.85$0.07
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.03$0.33$1.93$1.86$0.07
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.03$0.25$2.06$2.08$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.29$0.02$0.27$1.71$1.82$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.55$0.02$0.53$1.90$1.79$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.02$0.47$1.71$1.80$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.20$0.56$1.73$1.72$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.23$0.55$1.61$1.69$0.07
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$266,458
Mission and Program Overview

Mission

To offer programs in the arts.

To offer programs in the arts

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$125,779$127,835▲ $2,056
Savings and Temporary Cash Investments$20,215$55,209▲ $34,994
Land, Buildings, and Equipment, Net$16,986$15,942▼ $1,044
Total Assets$162,980$198,986▲ $36,006
Liabilities
Deferred Revenue$10,000--
Accounts Payable and Accrued Expenses$2,512$2,431▼ $81
Total Liabilities$12,512$2,431▼ $10,081
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$150,468$196,555▲ $46,087
Total Net Assets Fund Balance$150,468$196,555▲ $46,087
Total Liabilities and Net Assets / Fund Balance$162,980$198,986▲ $36,006

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$15,111$9,629$24,740
Other Land Buildings-$5,090$5,090
Equipment$831$2,106$2,937
Compensation and Service Providers

Board Members and Trustees

NameTitle
Todd RehmPresident
Bob Flacke JrDirector
Diane SwansonDirector
Gary MccoolaDirector
Glenda HowlandDirector
Jenny HutchinsonDirector
Jose FilomenoDirector
Lisa WoititzDirector
Margaret WallaceDirector
Nathan HallDirector
Alexandra GarrySecretary
Mollie ChristiansonTreasurer
Jeff GarryVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$222,280
Program Service Revenue
$19,512
Investment Income
$46
Other Revenue
$15,957
All Other Contributions
$85,900
Change in Net Assets
$46,086
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$126,191
Salaries, Compensation, and Employee Benefits$85,518
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$70,968$7,885-$78,853
All Other Expenses$9,314$2,081-$11,395
Advertising$10,816--$10,816
Office Expenses$6,291$699-$6,990
Payroll Taxes$5,999$666-$6,665
Insurance$5,956$662-$6,618
Other Expenses$5,000--$5,000
Information Technology$4,580$209-$4,789
Depreciation Depletion$835$209-$1,044
Total Functional Expenses$199,298$12,411$0$211,709
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,620
Fundraising Direct Expenses$8,663
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$16,089$16,089$7,449$8,640
Cruise$8,531$8,531$1,214$7,317
Total Events$24,620$24,620$8,663$15,957
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Reviewed by executive committee

Form 990, Page 6, Part VI, Line 19

Copy of 990 provided upon request

Filing and Contact Details

Filer

Filer Name
Lake George Arts Project Inc
EIN
14-1596748
Phone
5186682616
Address
1 AMHERST ST, LAKE GEORGE, NY 12845

Signing Officer

Name
Todd Rehm
Title
President
Phone
5186682616
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Rehm
Formed
1978
Voting Board Members
13
Independent Board Members
13
Employees
2

Preparer

Firm
Joseph P Lafiura CPA Pc
Address
13 CENTER ST, GLENS FALLS, NY 12801-3638
Preparer
Joseph P Lafiura
Phone
5187457076
Raw XML Appendix392 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
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ReturnHeader/Filer/BusinessNameControlTxt0LAKE
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ReturnHeader/Filer/PhoneNum05186682616
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH P LAFIURA
ReturnHeader/ReturnTs02023-11-15T17:38:46-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TODD
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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