Illinois · Nonprofit
LAKESIDE LEGACY FOUNDATION
LAKESIDE LEGACY FOUNDATION (Illinois) receives grants from 12 organizations whose IRS filings report $1,183,807 to it, the largest being LECOQUE FAMILY FOUNDATION ($652,500). 7 of them have funded it in more than one year.
- Revenue FY2024
- $1.2M
- Funders on record
- 12
- Grants received
- $1.2M
- Net assets
- $2.6M
What Lakeside Legacy Foundation does
Mission
The foundation's mission is to preserve and protect the dole mansion and lakeside property for community use in a natural and historic setting
As stated on its FY2024 Form 990.
Programs
The entity seeks to preserve and protect the dole mansion and lakeside arts park for the community to experience . Llf has achieved and continued to do so by offering artists studios and event rental space for them to educate or create their own inspiring works. The entity had 48 studios of which 28 were occupied by artists of all genre(I.e painters, photographers, musicians and recording artists).
$832,214 spent$242,051 earned by the program97% of program spendingFarmers market at the dole is an indoor and outdoor market experience that began in 2021. The market supports the preservation efforts of the historic property while supporting local small businesses, musicians and other artists. It also features children's attractions and live music. The program serves between 1500-3000 guests in the summer outdoors and between 500-750 people indoors during november-april.
$93,938 earned by the programThe entity also has other programs such as the 1st friday art shown where local artists showcase their work in the sage and dole gallery. It also has the listening room which hosts performances of musical artists across different genres. The entity remodeled the lous lounge in 2022 and had it open to public events in 2023.
$22,867 spent$14,666 earned by the program3% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $855,081.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $3.0M to $3.2M (+9%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 9% · 2021 9% · 2022 2%. Grants only. Government contracts and fees sit inside program revenue.
25% of LAKESIDE LEGACY FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base held at 3 funders, grant income rose $20k → $282k.
4 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 26% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of LAKESIDE LEGACY FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
LAKESIDE LEGACY FOUNDATION leans on a few funders — its largest provides 55% of grant income and the top three 87%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
27% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LAKESIDE LEGACY FOUNDATION.
Largest funder’s share by year: 2017 49% · 2018 50% · 2019 57% · 2020 55% · 2021 78% · 2022 52% · 2023 98% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
38% of LAKESIDE LEGACY FOUNDATION's funders are still giving 3 years after their first grant; 58% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
100% of LAKESIDE LEGACY FOUNDATION's grant income comes from Illinois funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $302k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
LAKESIDE LEGACY FOUNDATION runs a healthier operating margin than half of the 11,752 education nonprofits its size.
this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024
Government funding LAKESIDE LEGACY FOUNDATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $20k on record.
- Department of Agriculture$20k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like LAKESIDE LEGACY FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
76% of spending goes to programs.
Governance
Public support
75%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for LAKESIDE LEGACY FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds LAKESIDE LEGACY FOUNDATION?
- LAKESIDE LEGACY FOUNDATION (Illinois) receives grants from 12 organizations whose IRS filings report $1,183,807 to it, the largest being LECOQUE FAMILY FOUNDATION ($652,500). 7 of them have funded it in more than one year.
- How many funders does LAKESIDE LEGACY FOUNDATION have?
- IRS filings report 12 organizations giving $1,183,807 in grants to LAKESIDE LEGACY FOUNDATION, 7 of which have funded it in more than one year.
- Who is the largest funder of LAKESIDE LEGACY FOUNDATION?
- LECOQUE FAMILY FOUNDATION is the largest funder on record, with $652,500 in grants. The full list of funders is on this page.
- How can an organization like LAKESIDE LEGACY FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Lakeside Legacy →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 12 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing