2025-05-15T08:44:59-05:00 2024-06-30 453048812 BESTEN & DIERUF PLLC 190 MARKET STREET LEXINGTON KY 40507 990 2023-07-01 611163184 LEXARTS INC LEXA 8592552951 161 NORTH MILL STREET LEXINGTON KY 40507 AMELIA SWEETALL PRESIDENT & CEO 8592552951 2025-05-15 1 1 ANDREW H DIERUF CPA P01239897 8592544427 2023 2025-03-06 01:10:19Z AMELIA SWEETALL 161 NORTH MILL STREET LEXINGTON KY 40507 1949436 0 X LEXARTS.ORG X 1985 KY TO PROVIDE ARTS AND CULTURAL SERVICES TO THE COMMUNITY 28 27 16 200 0 0 1380072 1063362 1071116 401678 27184 172940 196919 311456 2675291 1949436 584050 536394 0 0 450150 568281 0 0 99505 1495646 1141736 2529846 2246411 145445 -296975 3710007 3425800 2325717 2338485 1384290 1087315 LEXARTS PROMOTES QUALITY ARTS EXPERIENCES FOR THE BENEFIT OF THE PEOPLE IN CENTRAL KENTUCKY THROUGH FUNDING, ADVOCACY, TECHNICAL ASSISTANCE, COMMUNICATION AND PLANNING INITIATIVES. 0 0 1146506 536394 713134 LEXARTS REGRANTS FUNDS RAISED THROUGH ITS ANNUAL FUND FOR THE ARTS TO FIVE PARTNER ORGANIZATIONS THAT RECEIVE GENERAL OPERATING SUPPORT (GOS) AND 20+ ARTS ORGANIZATIONS IN THE FORM OF PROGRAM AND PROJECT GRANTS. THE APPLICATION PROCESSES FOR THESE GRANTS ARE RIGOROUS, REQUIRING EVIDENCE OF FINANCIAL STABILITY AND ARTISTIC QUALITY. SERVICE TO YOUTH, DIVERSE AND UNDERSERVED AUDIENCES IS EMPHASIZED AS ARE AUDIENCE SIZE, COMMUNITY PARTICIPATION, COLLABORATION, AND EVALUATION. WRITTEN APPLICATIONS AND FINANCIAL INFORMATION ARE VETTED BY LEXARTS STAFF, EVALUATED ON PAPER AND IN AN OPEN PUBLIC PROCESS BY A PANEL OF PEER REVIEWERS, FURTHER REVIEWED BY THE GRANTS COMMITTEE OF THE LEXARTS BOARD OF DIRECTORS AND FINALLY APPROVED BY THE LEXARTS BOARD AS A WHOLE. LEXARTS PROVIDES A WIDE RANGE OF PROGRAMS AND SERVICES DESIGNED TO INTEGRATE THE ARTS INTO THE DAILY LIVES OF ALL CITIZENS, INCLUDING THE FREE LEXARTS GALLERY HOP, LEXINGTON YOUTH ARTS COUNCIL, AND ARTSCOPE WEEKLY EMAIL ARTS CALENDAR. LEXARTS STAFF AND BOARD WORK CLOSELY WITH COMMUNITY LEADERS ON PUBLIC ART PROJECTS IN OBTAINING FUNDING, DEVELOPING PLANS, SOLICITING PROPOSALS, FACILITATING ARTIST AND SITE SELECTION PROCESSES, AND GATHERING PUBLIC INPUT. LEXARTS ALSO OPERATES ARTSPLACE, A FACILITY IN DOWNTOWN LEXINGTON WITH A HIGH QUALITY VISUAL ARTS GALLERY AS WELL AS PERFORMANCE, REHEARSAL AND OFFICE SPACE FOR NONPROFIT ARTS ORGANIZATIONS. LEXARTS' PUBLIC ART INITIATIVE, HORSEMANIA, CONSISTED OF PURCHASING WHITE FIBERGLASS HORSES AND FOALS AND ALLOWING INDIVIDUALS AND ORGANIZATIONS THE OPPORTUNITY TO SPONSOR ARTISTS TO DESIGN THEM, AND ULTIMATELY HAVE THEM PLACED THROUGHOUT THE CITY BEFORE BEING AUCTIONED OFF AND SOLD. 1146506 1 0 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 36 0 1 16 1 0 0 0 0 0 1 1 0 0 0 0 X 28 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X X AME SWEETALL 8592552951 161 NORTH MILL STREET LEXINGTON KY 40507 AMELIA SWEETALL PRESIDENT, CEO & DIRECTOR 40.00 X X 90000 0 0 CAMDEN SKIDMORE CHAIR & DIRECTOR 1.00 X X 0 0 0 STEFAN HENDRICKSON TREASURER, CHAIR & DIRECTOR 1.00 X X 0 0 0 REBECCA SHERMAN SECRETARY, CHAIR & DIRECTOR 1.00 X X 0 0 0 ALEX GARCIA CHAIR & DIRECTOR 1.00 X X 0 0 0 KEN GISH CHAIR & DIRECTOR 1.00 X X 0 0 0 ANGELA COLEMAN CHAIR & DIRECTOR 1.00 X X 0 0 0 ANNE MURRY CHAIR & DIRECTOR 1.00 X X 0 0 0 WHIT WHITAKER CHAIR & DIRECTOR 1.00 X X 0 0 0 ALEX CHADWELL CHAIR & DIRECTOR 1.00 X X 0 0 0 SALLY HAMILTON DIRECTOR 1.00 X 0 0 0 JAMES BROWN DIRECTOR 1.00 X 0 0 0 GINA GREATHOUSE DIRECTOR 1.00 X 0 0 0 BROOKE RABY DIRECTOR 1.00 X 0 0 0 JOHN COLE III DIRECTOR 1.00 X 0 0 0 SHAWN BARBER DIRECTOR 1.00 X 0 0 0 BISHOP CARTER DIRECTOR 1.00 X 0 0 0 MICHELLE DEANS DIRECTOR 1.00 X 0 0 0 COLIN DOHERTY DIRECTOR 1.00 X 0 0 0 ANNE HARDY DIRECTOR 1.00 X 0 0 0 BEN HAYDON DIRECTOR 1.00 X 0 0 0 BRAD KEETON DIRECTOR 1.00 X 0 0 0 RON MACK DIRECTOR 1.00 X 0 0 0 NICK PHELPS DIRECTOR 1.00 X 0 0 0 MARY QUINN RAMER DIRECTOR 1.00 X 0 0 0 PHILLIP RICHARDSON DIRECTOR 1.00 X 0 0 0 CHAD RUDZIK DIRECTOR 1.00 X 0 0 0 ROY LEE WASHINGTON DIRECTOR 1.00 X 0 0 0 90000 0 0 0 0 0 0 0 8741 673790 380831 1063362 AUCTIONS & SPECIAL EVE 900099 186629 186629 SPONSORSHIPS 900099 138589 138589 MANAGEMENT FEES 900099 76460 76460 401678 172940 172940 122719 0 122719 122719 122719 MISC 900099 188737 188737 188737 1949436 713134 0 172940 X 459774 459774 76620 76620 526333 526333 41948 41948 363180 238182 116610 8388 15465 4200 5209 6056 57359 57359 15624 11943 3614 67 26008 26008 100332 100332 8351 8351 ARTIST'S FEES 142136 135586 200 6350 COMMUNITY ARTS DEVELOPM 124900 132750 -7850 RECEPTIONS & CATERING 45723 18679 7812 19232 PRINTING AND STATIONARY 45146 23321 1789 20036 197512 45451 112685 39376 2246411 1146506 1000400 99505 219152 104070 189531 25000 47327 65564 22000 15000 32156 52468 2522371 524950 2082753 1997421 998898 1024742 118190 141535 0 0 3710007 3425800 42618 249032 230525 106112 1677548 1510566 225126 326721 149900 146054 2325717 2338485 X 557870 152569 826420 934746 1384290 1087315 3710007 3425800 -296975 0 X X 0 1 X 1 0 X 1088747 1252005 1604363 1380071 1063362 6388548 1088747 1252005 1604363 1380071 1063362 6388548 6388548 114173 76317 135290 108620 172940 607340 6995888 2012318 0.91320 X X 0 999064 999064 999064 -116772 882292 1113536 -114472 999064 844817 268719 1113536 1055533 3558 214274 844817 0 0 2119254 114000 2005254 288504 250314 38190 114613 160636 -46023 1997421 ECONOMIC INJURY DISASTER LOAN 146054 146054 X 1949436 0 1949436 0 1949436 2246411 0 2246411 0 2246411 PART X, LINE 2: AS OF THE FISCAL YEAR END, MANAGEMENT HAS DETERMINED THAT THE COMPANY DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. AS TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE COMPANY'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE COMPANY WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES, AND INTEREST AS A RESULT OF SUCH CHALLENGE. 1 AFRICAN AMERICAN FORUM INC PO BOX 2118 LEXINGTON KY 40588 611299989 0 25543 PROGRAM SUPPORT ALLEGRO DANCE PROJECT 315 SIERRA DRIVE LEXINGTON KY 40505 464066462 0 25543 PROGRAM SUPPORT CARNEGIE CENTER FOR LITERACY 251 WEST 2ND ST LEXINGTON KY 40507 611185631 0 25543 GENERAL OPERATING SUPPORT CASA DE LA CULTURA HISPANA DE LEXINGTON 161 NORTH MILL ST LEXINGTON KY 40507 465436195 0 25543 PROGRAM SUPPORT CENTRAL KY YOUTH ORCHESTRA 161 NORTH MILL ST LEXINGTON KY 40507 616027055 0 25543 GENERAL OPERATING SUPPORT CHAMBER MUSIC FESTIVAL OF LEXINGTON PO BOX 21816 LEXINGTON KY 40522 208524110 0 25543 PROGRAM SUPPORT HEADLEY-WHITNEY MUSEUM 4435 OLD FRANKFORT PIKE LEXINGTON KY 40510 610850306 0 25543 PROGRAM SUPPORT INSTITUTE 193 193 NORTH LIMESTONE ST LEXINGTON KY 40507 271871255 0 25543 PROGRAM SUPPORT KY BALLET THEATER 736 NATIONAL AVENUE LEXINGTON KY 40502 611329176 0 25543 PROGRAM SUPPORT LEXINGTON ART LEAGUE INC 209 CASTLEWOOD DRIVE LEXINGTON KY 40507 310890845 0 25543 PROGRAM SUPPORT LEXINGTON BALLET COMPANY 161 NORTH MILL ST LEXINGTON KY 40507 510161971 0 25543 PROGRAM SUPPORT LEXINGTON CHAMBER CHORALE 161 NORTH MILL ST LEXINGTON KY 40507 611262023 0 25543 PROGRAM SUPPORT LEXINGTON CHILDREN'S THEATRE 418 WEST SHORT ST LEXINGTON KY 40507 610929277 0 25543 GENERAL OPERATING SUPPORT LEXINGTON PHILHARMONIC ORCHESTRA 161 NORTH MILL ST LEXINGTON KY 40507 616033529 0 25543 GENERAL OPERATING SUPPORT LEXINGTON SINGERS INC 200 W HIGH ST LEXINGTON KY 40507 616058015 0 25543 PROGRAM SUPPORT LIVING ARTS & SCIENCE CENTER 362 MARTIN LUTHER KING BLVD LEXINGTON KY 40507 610675663 0 25543 GENERAL OPERATING SUPPORT LYRIC THEATRE 300 E 3RD ST LEXINGTON KY 40508 272608879 0 25543 PROGRAM SUPPORT THE LEXINGTON THEATRE COMPANY PO BOX 12067 LEXINGTON KY 40580 464867178 0 25543 PROGRAM SUPPORT KIPTOO TARUS - GENERAL OPERATING SUPPORT 1 25543 ENRIQUE GONZALEZ - GENERAL OPERATING SUPPORT 1 25543 ROY MAYFIELD - GENERAL OPERATING SUPPORT 1 25534 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF FORM 990 WAS TRANSMITTED TO THE FINANCE COMMITTEE FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ALL BOARD MEMBERS AND THEIR FAMILY MEMBERS. IF THERE IS AN ACTUAL OR APPARENT CONFLICT OF INTEREST, IT IS INCUMBENT UPON THE BOARD MEMBERS TO INFORM THE CHAIR OR PRESIDENT & CEO OF SAID CONFLICT AND TO RECUSE HIM/HERSELF FROM DISCUSSIONS OF OR VOTING UPON THE MATTER INVOLVING SAID CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 BOARD OF DIRECTORS CONDUCTED A COMPENSATION ANALYSIS TO DETERMINE A REASONABLE "MARKET VALUE" OF THE CEO POSITION. THE BOARD ANNUALLY REEVALUATES THE COMPENSATION FOR THE POSITION AND CONSIDERS AN APPROPRIATE COST OF LIVING ADJUSTMENT. THE EVALUATION IS DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE AT CORPORATE OFFICES UPON THE REQUEST OF ANY INDIVIDUAL. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 238,182. MANAGEMENT AND GENERAL EXPENSES 116,610. FUNDRAISING EXPENSES 8,388. TOTAL EXPENSES 363,180. FORM 990, PART XII, LINE 2C: THE PROCESS IS UNCHANGED FROM THE PRIOR YEAR.