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New York · Nonprofit

THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC

THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC (New York) receives grants from 37 organizations whose IRS filings report $2,822,540 to it, the largest being ADIRONDACK FOUNDATION ($1,034,695). 25 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$11M
Funders on record
37
Grants received
$2.8M
Net assets
$11M
25/37 repeat funderspeak grant-dependency 23%
01What it does

What The Lake Placid Association for Music Drama and Art Inc does

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.

As stated on its FY2024 Form 990.

Programs

  1. 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.

    $486,090 spent$202,636 earned by the program
    40% of program spending
  2. 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.

    $466,685 spent$297,483 earned by the program
    38% of program spending
  3. 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.

    $271,867 spent$176,055 earned by the program
    22% of program spending
  4. 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.

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,224,642.

02The organization over time

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.

100 = 20172017 Revenue 100 ($1.2M) Expenses 100 ($1.3M) Net assets 100 ($2.1M)2018 Revenue 115 ($1.4M) Expenses 106 ($1.4M) Net assets 102 ($2.1M)2019 Revenue 104 ($1.2M) Expenses 107 ($1.4M) Net assets 91 ($1.9M)2020 Revenue 117 ($1.4M) Expenses 114 ($1.5M) Net assets 87 ($1.8M)2021 Revenue 110 ($1.3M) Expenses 92 ($1.2M) Net assets 95 ($2.0M)2022 Revenue 103 ($1.2M) Expenses 88 ($1.1M) Net assets 87 ($1.8M)2023 Revenue 282 ($3.3M) Expenses 172 ($2.2M) Net assets 141 ($3.0M)2024 Revenue 923 ($11M) Expenses 202 ($2.6M) Net assets 540 ($11M)
'17'18'19'20'21'22'23'24
Revenue (923)Expenses (202)Net assets (540)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $4.1M to $12M (+195%).

$2.2M
$2.3M
$2.1M
$2.1M
$2.4M
$3.0M
$4.1M
$12M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 2% · 2018 4% · 2019 3% · 2020 6% · 2021 7% · 2022 0% · 2023 38% · 2024 14%. Grants only. Government contracts and fees sit inside program revenue.

91% of THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (58% for the typical peer).

This organization
Typical peer · 812 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−$101k
’17
$3k
’18
−$144k
’19
−$73k
’20
$123k
’21
$87k
’22
$1.1M
’23
$8.3M
’24
2.6
months of
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.

'17'18'19'20'21'22'23'24
Listed1822191921212120
Joined·+4+5+0+5+2+2+3
No longer listed·0803224
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 7 funders to 21 funders, grant income rose $101k → $414k.

9 of 37 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 57% 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 THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC’s funders (the co-funder graph). Top 30 of 37 funders by total. 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

THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC has a broad base — no single funder exceeds 37% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

76% 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 THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC.

37%
largest funder
54%
top three
~6
effective funders

Largest funder’s share by year: 2017 58% · 2018 66% · 2019 39% · 2020 27% · 2021 27% · 2022 20% · 2023 23% — diversifying over time.

“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

74% of THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC's funders are still giving 3 years after their first grant; 68% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

57% of THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.2M that is directly attributable, 51% of it comes from New York funders.

VT
NY
MA
IA
OH
PA
NJ
CT
CA
MD
DE
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $1.6M arriving through sponsors registered in 7 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.

04Its place in the field

Against its field

THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC runs a healthier operating margin than three-quarters of the 772 arts & culture nonprofits its size.

Operating margin76% · top quartile
Months of reserve2.6mo · below the median
Revenue growth (annualized)37% · top quartile

this organization peer median middle 50% of peers· 772 arts & culture nonprofits $10M–$100M, FY2024

Government funding THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $50k on record.

Federal$50k
grants $50kcontracts $0
Top agencies
  • National Endowment for the Arts$50k

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 THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC

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 New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

47% of spending goes to programs.

Program 47%Management 35%Fundraising 18%

Governance

19
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

85%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC: 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.

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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 THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC?
THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC (New York) receives grants from 37 organizations whose IRS filings report $2,822,540 to it, the largest being ADIRONDACK FOUNDATION ($1,034,695). 25 of them have funded it in more than one year, and 57% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC have?
IRS filings report 37 organizations giving $2,822,540 in grants to THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC, 25 of which have funded it in more than one year.
Who is the largest funder of THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC?
ADIRONDACK FOUNDATION is the largest funder on record, with $1,034,695 in grants. The full list of funders is on this page.
How can an organization like THE LAKE PLACID ASSOCIATION FOR MUSIC DRAMA AND ART INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

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 37 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