Schroon Lake Arts Council Inc
Nonprofit profile at a glance
- EIN
- 141776755
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Schroon Lake, NY, USA
- Phone
- 5185327675
- Rating
- 35
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Arts Council/Agency
Reported finances
- Revenue
- $22,701
- Expenses
- $23,640
- Assets
- $25,178
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- David Namerow (President)
- Anthony Adamczyk (Vice President)
People named in this filing
- David Namerow (President)
- Anthony Adamczyk (Vice President)
- Susan Palisano (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Schroon Lake Arts Council is devoted to enhancing our community by hosting a variety of cultural programs that promote and foster the understanding and love of music and the visual Arts. The Arts Council is composed of volunteers who are dedicated to our community and to utilizing our Towns resources to offer programs that enrich the lives of our residents and visitors.
What it reported doing in 2025
Delivered eight "Schroon Lake Live!!' summer live music events, including a special "Kick Off the Fourth" concert and a Family & Children's Show
Operating model
- Revenue model
- Donor-supported. 63% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 45
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -4.1%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 1.07; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -200% per year; rating input score 0; 0th percentile among comparable filings
- Revenue growth: -14% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: -3.7% per year; rating input score 0; 27th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 35/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.