GLOBAL LOUNGE INCORPORATED

EIN: 651281801 501(c)(3) Arts, Culture & Humanities

Boise, ID

Total Revenue
$304,965
Total Expenses
$204,942
Total Assets
$388,284
Net Assets
$385,166
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
ID
Principal Officer
Ekundayo Dayo Ayodele
Phone
2089187870
Tax Period
2025-01-01 to 2025-12-31

GLOBAL LOUNGE INCORPORATED, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $305K in total revenue in fiscal year 2025. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $100K, a strong 33% operating margin.

Mission

Global Lounge Incorporated promotes culture, celebrates diversity and supports economic and community enrichment programs featuring art, music, dance traditions and stories of the local and international communities here in the Treasure Valley.

Program Service Accomplishments

Program 1
Expenses: $50,560 Revenue: $39,458

The World Village is a multi-day Arts and Humanities event that is host to several multi-national performing groups representing Idahos variety of cultures. This Dance, Music, Storytelling, Poetry...

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The World Village is a multi-day Arts and Humanities event that is host to several multi-national performing groups representing Idahos variety of cultures. This Dance, Music, Storytelling, Poetry, Film and Food event showcases our communitys expanding blend of cultural arts and literature, and invites every resident to connect with their neighbors through a rich celebration of the many traditions and arts around us. World Village, a lively interactive event, bridges communities, raises awareness and enhances cultural sensitivity while promoting connectivity.

Program 2
Expenses: $1,514 Revenue: $6,903

Global Lounge sells promotional products as a means to earn funds to support our programs. GL has an inventory of t-shirts, sweatshirts and hats that are sold at World Village. Global Lounge has...

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Global Lounge sells promotional products as a means to earn funds to support our programs. GL has an inventory of t-shirts, sweatshirts and hats that are sold at World Village. Global Lounge has recently begun working with a local coffee vendor to package coffee beans with the Global Lounge logo.

Program 3
Expenses: $2,576 Revenue: $3,971

Global Lounge sponsors an annual event called Salsa Under the Stars. We partner with a local non-profit that provides dance space on the top of their building that is open on top; a DJ is hired to...

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Global Lounge sponsors an annual event called Salsa Under the Stars. We partner with a local non-profit that provides dance space on the top of their building that is open on top; a DJ is hired to play Latino dance music. Community members come to dance and learn the various forms of Salsa.

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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 (2025)

Revenue Breakdown

Contributions & Grants $265,161
Program Service Revenue $0
Investment Income $3,852
Other Revenue $35,952
TOTAL REVENUE $304,965

Expense Breakdown

Grants Paid $0
Salaries & Benefits $67,368
Fundraising Expenses $14,400
Program Expenses $58,125
Other Expenses $123,174
TOTAL EXPENSES $204,942

Year-over-Year Comparison

2025 2024 Change
Revenue $304,965 $182,470 +0.7%
Expenses $204,942 $166,096 +0.2%
Net Income $100,023 $16,374 +5.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
5
Employees
N/A
Volunteers
20

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
0
$0
Total Directors
6
$62,427
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Maya Durotivic Director 5.00
Director
$0 $0 $0
Bonnie McKay Pfaff Director, Treasurer 20.00
Director
$0 $0 $0
Wayne Rancourt Director, President 20.00
Director
$0 $0 $0
Sage Agboonkese Director, Vice-President 10.00
Director
$0 $0 $0
Donna Kovaleski Executive Director 15.00
Director
$0 $0 $0
Dayo Ayodele Artistic Director 40.00
Director
$62,427 $0 $62,427
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 $304,965 $204,942 $388,284 $100,023
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