Overview
What is Lakes Area Music Festival?
The Lakes Area Music Festival is a renowned nonprofit organization based in Brainerd, Minnesota. With a PO Box 96 address, this organization specializes in presenting a series of classical music concerts. One unique aspect of their events is that they do not require set ticket prices, making their performances accessible to a wider audience. Additionally, they host a Youth Music Daycamp, providing an enriching experience for young music enthusiasts. The primary mission of the Lakes Area Music Festival is to connect top-tier performers with audiences, offering a platform for the sharing and appreciation of exceptional classical music. They also engage in inspiring educational initiatives, further enriching the local community and classical music culture. The organization is supported by a dedicated team of 11 individuals.
Official website here: www.lakesareamusic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
The Lakes Area Music Festival has achieved an impressive 96% rating from Charity Navigator, highlighting its strong commitment to accountability and financial transparency. This high score, resulting in a Four-Star rating, emphasizes that the organization operates with a high level of integrity, making effective use of donations received.
The festival boasts a fully independent board, with members demonstrating strong governance practices. Key indicators such as the absence of material asset diversions and adherence to conflict of interest policies further underscore the organization's reliability. Additionally, it maintains a robust financial structure, with a program expense ratio of over 82%, showcasing a strong focus on its mission and community impact.
Limitations were not noted in the data, suggesting that the Lakes Area Music Festival maintains a solid reputation and effective operational practices. Overall, this nonprofit stands out for its dedication to transparency and its effective use of resources to fulfill its mission in the arts community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lakes Area Music Festival?
100% of 30 reviewers on Facebook recommend Lakes Area Music Festival. Here is a summary of their reviews:
The overwhelming sentiment expresses that attendees are thrilled with the performances offered by the festival. One particularly noted experience highlighted the extraordinary quality of the Vivaldi's Four Seasons concert, showcasing the organization's commitment to excellent musical renditions.
Overall, the nonprofit appears to deliver exceptional musical experiences, resonating well with audiences and enriching the local cultural landscape. Patrons appreciate the artistic talent showcased in its programming, making it a highly recommended destination for music lovers.
This AI summary has been generated from reviews found on Facebook.
Is Lakes Area Music Festival legitimate?
Lakes Area Music Festival is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakes Area Music Festival submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $162,291
For more financial information, click here
Official website here: www.lakesareamusic.org
What is the mission statement of Lakes Area Music Festival?
The Lakes Area Music Festival's mission is to bridge the gap between top-tier performing artists and music enthusiasts, achieving this through exceptional classical music performances and enriching educational programs. By organizing a classical music concert series and a youth music daycamp, the festival aims to foster a shared appreciation for music, inspiring both audiences and young musicians alike. The organization's activities are centered around providing accessible and inspiring classical music experiences, fostering a sense of community, and nurturing the next generation of musicians.
Official website here: www.lakesareamusic.org
Who is the CEO of Lakes Area Music Festival?
David Boran is the Chair of Lakes Area Music Festival.
Official website here: www.lakesareamusic.org
What is the revenue of Lakes Area Music Festival?
Lakes Area Music Festival's revenue in 2022 was $847,084.
Official website here: www.lakesareamusic.org
Who are the executives of Lakes Area Music Festival and what are their salaries?
The average compensation at Lakes Area Music Festival during 2022 was $14,754. There are 11 employees and 250 volunteers at Lakes Area Music Festival.
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Official website here: www.lakesareamusic.org
Where can I find the form 990 for Lakes Area Music Festival?
Lakes Area Music Festival's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakesareamusic.org
Learn more at the official website: www.lakesareamusic.org
Mission Statement of Lakes Area Music Festival
Lakes Area Music Festival, as an organization, is dedicated to bridging the gap between the nation's finest performers and music enthusiasts. It achieves this by presenting top-notch classical music performances and offering inspiring educational programs. By doing so, the festival aims to bring people together and enrich their lives through the power of music.
The organization's mission is multifaceted. It organizes a series of classical music concerts, where ticket prices are not set, making the performances accessible to a wide audience. This approach ensures that everyone, regardless of their financial situation, can enjoy the beauty of classical music. Furthermore, Lakes Area Music Festival hosts a Youth Music Daycamp. This program provides an opportunity for young musicians to learn, grow, and develop their skills in a nurturing environment. By offering these events, the festival not only entertains but also inspires and educates its audience, fostering a love for classical music that can last a lifetime.
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Impact
July, 2024
The Lakes Area Music Festival has had a significant impact on the community by providing access to excellent classical music performances and educational opportunities. Through their concert series with no set ticket prices, they have made high-quality music accessible to a wider audience. Additionally, their youth music day camp helps inspire the next generation of musicians and music lovers. Overall, the Lakes Area Music Festival plays a crucial role in promoting the arts and enriching the cultural landscape of Brainerd, Minnesota.
This information is meant to be a general summary of Lakes Area Music Festival. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $100
- Program Service Revenue: $3,225
- Gross Receipts: $882,416
Assets and Liabilities:
- Total Assets: $181,172
- Total Liabilities: $109
- Net Assets: $181,063
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MUSIC CAMP FEES
Revenue
$3,225
Organization Details
Founding Year
2013
Phone
(218) 963-7908Principal Officer
David Boran
Main Address
PO BOX 96, BRAINERD, MN, 56401
Website
www.lakesareamusic.orgNTEE Category
Code: A68 - Arts
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