Lakeside Chautauqua is a unique and special place. Each person who steps on the grounds experiences Lakeside in a different way through family moments, healing time, inspiring worship, lifelong learning, arts performances, challenging recreational activities and much more. These are the transformational experiences we hope to preserve at Lakeside for many years.
Lakeside Chautauqua is a nonprofit 501 (c)3 organization that manages roughly one square mile of land with historic buildings, roads and structures. With programming across all four Chautauqua pillars, the holistic Lakeside experience makes an impact on individuals every year. Throughout the last few challenging years, Lakeside has not wavered from its mission to provide a place for rest and renewal, foster Christian values and create opportunities to grow – spiritually, intellectually, culturally and physically.
Multiple Revenue Sources
Lakeside has multiple revenue sources, which helps strengthen its long-term financial sustainability.
Last fiscal year, Lakeside’s revenue totaled approximately $8.1 million, from the 2021-22 fiscal year unaudited financial statements. This is excluding restricted and unbudgeted revenue of $1.529 million.
Cost of Operating Lakeside
The cost to operate Lakeside and the Chautauqua experience we know and love takes millions of dollars each year. In 2021-22, Lakeside was still operating under COVID-19 protocol. For the 2021-22 fiscal year, the total expenses are approximately $7.6 million from the unaudited financial statements. This is excluding $106,000 expenses from restricted funds.
It is vital for Lakeside to continue to grow the endowment, investments that support the future of Lakeside. Lakeside distributes 4% of its three-year rolling average endowment balance to support the Chautauqua programming, preservation of historic buildings and our beautiful grounds.
At the end of 2021-22 fiscal year, Lakeside’s Endowment totaled more than $9 million. Many families have planned a legacy gift to help grow the endowment and you can, too. For more information, contact email@example.com.