THE LAFAYETTE SOCIETY FOR PERFORMING ARTS INC

EIN: 581415019 501(c)(3) Arts, Culture & Humanities

LAGRANGE, GA

Total Revenue
$1,255,110
Total Expenses
$1,221,344
Total Assets
$1,262,797
Net Assets
$1,181,597
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
GA
Principal Officer
DAVID SAMPLE
Phone
7068829009
Tax Period
2024-07-01 to 2025-06-30

THE LAFAYETTE SOCIETY FOR PERFORMING ARTS INC, founded in 1980, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2024.

Mission

TO PROMOTE, CULTIVATE, NURTURE AND ENHANCE THE PERFORMING ARTS EXPERIENCES FOR ALL TROUP COUNTY RESIDENTS. LAFAYETTE SOCIETY FOR PERFORMING ARTS, INC (LSPA) ACCOMPLISHES THIS THROUGH MANAGERIAL, PROMOTIONAL AND FINANCIAL SUPPORT TO NUMEROUS LOCAL PERFORMING ARTS COMPANIES, IN ORDER TO PROVIDE ARTISTIC TRAINING AND PERFORMING OPPORTUNITIES FOR AREA TALENT. ADDITIONALLY, THROUGH ITS ARTISTIC COMPANIES, LSPA DELIVERS A WIDE VARIETY OF HIGH QUALITY PERFORMANCE BASED PRESENTATIONS FOR THE ENJOYMENT OF THE COMMUNITY AT LARGE, AS WELL AS PROMOTING AND FOSTERING A HIGHER APPRECIATION FOR THE PERFORMING ARTS IN WEST CENTRAL GEORGIA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $625,777
Program Service Revenue $599,464
Investment Income $466
Other Revenue $29,403
TOTAL REVENUE $1,255,110

Expense Breakdown

Grants Paid $0
Salaries & Benefits $634,223
Fundraising Expenses $13,193
Program Expenses $661,887
Other Expenses $587,121
TOTAL EXPENSES $1,221,344

Year-over-Year Comparison

2024 2023 Change
Revenue $1,255,110 $1,237,877 +0.0%
Expenses $1,221,344 $1,165,757 +0.0%
Net Income $33,766 $72,120 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
43
Volunteers
40

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$89,768
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KERRI VICE EXECUTIVE DI 40.00
Officer
$89,768 $0 $89,768
KARISHMA BAKSHANI DIRECTOR 1.00
Director
$0 $0 $0
CLARA KEITH BROWN VICE PRESIDE 1.00
Officer Director
$0 $0 $0
MUNIRA FIDAHUSSEIN DIRECTOR 1.00
Director
$0 $0 $0
NIKKI FRANKLIN DIRECTOR 1.00
Director
$0 $0 $0
FORREST JOHNSON TREASURER 1.00
Officer Director
$0 $0 $0
BETHANY MILLER-URROZ SECRETARY 1.00
Officer Director
$0 $0 $0
DAVID SAMPLE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN SAUNDERS DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,255,110 $1,221,344 $1,262,797 $33,766
2024 $1,237,877 $1,165,757 $1,205,153 $72,120
2023 $1,233,901 $1,037,304 $1,163,750 $196,597
2022 $1,109,565 $894,785 $938,652 $214,780
2021 $808,129 $798,201 $806,332 $9,928
2020 $946,397 $952,423 $784,681 $-6,026
2019 $977,796 $1,015,539 $730,144 $-37,743
2018 $920,846 $969,454 $771,470 $-48,608
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