LEXARTS INC

LEXINGTON, KY, 40507 (859) 255-2951 Est. 1985 EIN 61-1163184
A26Z - Arts, Culture & Humanities 990 - Public charity return 501(c)(3)
lexarts.org

Mission

LEXARTS PROMOTES QUALITY ARTS EXPERIENCES FOR THE BENEFIT OF THE PEOPLE IN CENTRAL KENTUCKY THROUGH FUNDING, ADVOCACY, TECHNICAL ASSISTANCE, COMMUNICATION AND PLANNING INITIATIVES.

Grants Awarded · 154 grants

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Financials

Total Revenue
$1,767,301
Total Expenses
$1,985,419
Net Assets
$966,501
18 employees 200 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
5.8 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 8.0%
Expenses ↓ 12.6%
Revenue Sources
Contributions 66.1% Earned revenue 19.2% Investment 5.7% Other 9.0%
Expense Breakdown
Program 42.8% Management 55.8% Fundraising 1.5%

Officers & Trustees (24)

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Filing History (10 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$1,767,301 ↓$1,985,419$966,501
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$1,920,036 ↓$2,271,860$989,547
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$1,949,436 ↓$2,246,411$1,087,315
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$2,040,589 ↓$2,133,074$1,384,290
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$2,675,291 ↑$2,529,846$1,629,562
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$2,039,631 ↑$2,009,251$1,227,912
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$2,039,489 ↑$1,784,482$1,459,693
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$1,548,239 ↑$1,316,832$1,332,373
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$1,460,251 ↑$1,558,235$886,443
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$1,426,382 $1,548,455$1,098,133

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EIN: 61-1163184 · Source: IRS Form 990 e-file data