Logo for "LAKES AREA MUSIC FESTIVAL"

LAKES AREA MUSIC FESTIVAL

LAKES AREA MUSIC FESTIVAL

BRAINERD, MN, US
501(c)(3)
EIN
45-4807315
Logo for "LAKES AREA MUSIC FESTIVAL"

LAKES AREA MUSIC FESTIVAL

BRAINERD, MN, US
501(c)(3)
EIN
45-4807315

Overview

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Est.

2013

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

The Lakes Area Music Festival is a nonprofit organization based in Central Minnesota, dedicated to fostering connections between the local community and top classical performers to create transformative musical experiences. With an operating budget of $1.2 million and total revenue of $1.1 million for the 2024 filing year, the organization demonstrates a robust financial scale. It does not rely on a single funder for 50% or more of its revenue, ensuring diverse support for its mission. More information can be found on their website at lakesareamusic.org.

Mission Statement

THE ORGANIZATION SPARKS CONNECTIONS BETWEEN ITS CENTRAL MINNESOTA COMMUNITY AND THE NATION'S TOP CLASSICAL PERFORMERS TO CREATE TRANSFORMATIVE MUSICAL EXPERIENCES.
Revenues

$1.1M

Expenses

$1.2M

Net Income:
-$120.3K
Assets

$115.7K

Liabilities

$55.7K

Net Assets:
+$60K
Operating Budget

$1.2M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

10

Median grant size
$9.1K
Largest grant received
$30K
S
Scott Lykins
Board Member
C
Cheryl Karlgaard
Board Member
C
Chuck Schotzko
Board Member

Frequently Asked Questions

What is LAKES AREA MUSIC FESTIVAL’s budget?
In 2024, LAKES AREA MUSIC FESTIVAL reported an annual operating budget of around $1.2 million. More detailed financial information is available to registered users.
What causes does LAKES AREA MUSIC FESTIVAL support?
LAKES AREA MUSIC FESTIVAL supports work in Music.
Where does LAKES AREA MUSIC FESTIVAL operate?
LAKES AREA MUSIC FESTIVAL is headquartered in BRAINERD, MN.
Who funded LAKES AREA MUSIC FESTIVAL recently?
In 2025, LAKES AREA MUSIC FESTIVAL received grants from THE FIVE WINGS ARTS COUNCIL, COMMUNITYGIVING, and THE MINNEAPOLIS FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant LAKES AREA MUSIC FESTIVAL received in 2024?
The largest grant to LAKES AREA MUSIC FESTIVAL in 2024 exceeds $30 thousand.
What is LAKES AREA MUSIC FESTIVAL’s reliance on government grants?
LAKES AREA MUSIC FESTIVAL relied on government grants for more than 15% of their total revenue in 2024.
Overview
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