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Lake Placid Association For Music Drama & Art Inc
Arts & Culture · Lake Placid, New York
17 Algonquin Dr, Lake Placid, NY 12946-1054
EIN: 146030874· Founded: Aug 1964· 62 years active· Filing Year: 2023
Annual Revenue
$3.3M
Total Expenses
$2.2M
Total Assets
$4.1M
Program Spending
26%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$70K
3.2% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$337K
Total Payroll
$407K
18% of total expenses
Where the Money Goes
26%
Programs: 26%
Payroll: 18%
Other overhead: 74%
Program Revenue$581K (17%)
Total Expenses$2.2M (66%)
Payroll$407K (18%)
Overhead (non-program)74%
Trust Score Breakdown
Program Spending Ratio
26% of expenses go to programs
Revenue & Stability
$3.3M annual revenue
Executive Compensation
$70K total officer comp (3.2% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$4.1M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.