Lake Placid Association for Music Drama & Art Inc.

Mission

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.

LAKE PLACID NY | EIN: 14-6030874

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501(c)(3) organization

17 ALGONQUIN DR,
LAKE PLACID NY 12946-1054

https://WWW.LAKEPLACIDARTS.ORG

518-523-2512

Lake Placid Association for Music Drama & Art Inc.

Mission

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.

LAKE PLACID NY | EIN: 14-6030874

Is this your nonprofit?

This charity has not opted into the donation platform. Donations via the Giving Basket will still reach the charity.

501(c)(3) organization

17 ALGONQUIN DR,
LAKE PLACID NY 12946-1054

https://WWW.LAKEPLACIDARTS.ORG

518-523-2512

Beacon Report

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Good
Needs Improvement
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Not Scored
Additional Information

Program Expense Ratio:66.28% of total expenses

SCORE81%

Average percentage of expenses on programs and services over the past three years. A ratio greater than 70.00% receives full credit.

ExpensesFY2022

Administrative: 17.8%
Fundraising: 5.7%
Program: 76.5%

ExpensesFY2023

Administrative: 14.0%
Fundraising: 5.3%
Program: 80.6%

ExpensesFY2024

Administrative: 34.9%
Fundraising: 17.9%
Program: 47.2%

Administrative
Fundraising
Program

Source: Public data from IRS Form 990

Liabilities to Assets Ratio:6.76% of total assets

SCORE100%

Working Capital:5.21 years of reserves

SCORE100%

Fundraising Efficiency:$0.05 to raise a dollar

SCORE100%

Evaluation area metrics
Score	Metric
81%	Program Expense Ratio:66.28% of total expenses Average percentage of expenses on programs and services over the past three years. A ratio greater than 70.00% receives full credit. ExpensesFY2022 Administrative: 17.8% Fundraising: 5.7% Program: 76.5% ExpensesFY2023 Administrative: 14.0% Fundraising: 5.3% Program: 80.6% ExpensesFY2024 Administrative: 34.9% Fundraising: 17.9% Program: 47.2% Administrative Fundraising Program Source: Public data from IRS Form 990
100%	Liabilities to Assets Ratio:6.76% of total assets
100%	Working Capital:5.21 years of reserves
100%	Fundraising Efficiency:$0.05 to raise a dollar

Science behind the numbers

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Mission

Mission

Beacon Report