2026-03-24T15:16:26-05:00 2025-06-30 453048812 BESTEN & DIERUF PLLC 190 MARKET STREET LEXINGTON KY 40507 990 2024-07-01 611163184 LEXARTS INC LEXA 8592552951 161 NORTH MILL STREET LEXINGTON KY 40507 AMELIA SWEETALL PRESIDENT & CEO 8592552951 2026-02-24 1 1 ANDREW H DIERUF CPA P01239897 8592544427 2024 2025-03-06 01:10:19Z AMELIA SWEETALL 161 NORTH MILL STREET LEXINGTON KY 40507 2221512 0 X LEXARTS.ORG X 1985 KY TO PROVIDE ARTS AND CULTURAL SERVICES TO THE COMMUNITY 24 23 18 200 0 0 1259321 1167804 311514 338489 152545 101300 196656 159708 1920036 1767301 661294 662620 0 0 568281 503275 0 0 28897 1042285 819524 2271860 1985419 -351824 -218118 3350940 3075849 2361393 2109348 989547 966501 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 662620 662620 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. 186669 576706 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. 849289 1 1 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 1 0 0 0 0 0 0 0 0 1 36 0 1 18 1 0 0 0 0 0 1 1 0 0 0 0 X 24 23 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 89571 0 0 CAMDEN SKIDMORE CHAIR & DIRECTOR 1.00 X X 0 0 0 STEFAN HENDRICKSON TREASURER, CHAIR & DIRECTO 1.00 X X 0 0 0 REBECCA SHERMAN SECRETARY, CHAIR & DIRECTO 1.00 X X 0 0 0 ALEX GARCIA CHAIR ELECT & 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 LASHAWN 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 LOUIS PRICHARD 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 WIGGINTON DIRECTOR 1.00 X 0 0 0 89571 0 0 0 0 0 0 0 1750 709463 456591 838 1167804 MANAGEMENT INCOME ON C 900099 240955 240955 SPONSORSHIPS 900099 65000 65000 AUCTIONS AND GALLERY S 900099 32534 32534 338489 22791 22791 97107 0 97107 97107 97107 532720 454211 78509 78509 78509 MISC 900099 62601 62601 62601 1767301 576706 0 22791 X 626370 626370 36250 36250 89571 89571 375907 375907 37797 37797 9697 9697 143820 70965 67933 4922 37672 18372 19300 16867 5263 11604 35692 35692 98049 1181 96868 37664 37664 ARTIST FEES 125468 61090 63678 700 UTILITIES 45909 45909 SERVICE CONTRACTS 36182 21 36161 PRINTING & STATIONERY 33775 16914 15811 1050 198729 31235 164569 2925 1985419 849289 1107233 28897 104644 320119 25000 26500 48790 39498 15000 6000 17401 27397 2442635 522799 1984092 1919836 1024742 597724 131271 138775 3350940 3075849 373272 42830 161400 8250 1350000 1268705 326721 385721 150000 403842 2361393 2109348 X 230024 540969 759523 425532 989547 966501 3350940 3075849 -218118 15072 180000 0 X X 0 1 X 1 0 X 1252005 1604363 1380071 1063362 1167804 6467605 1252005 1604363 1380071 1063362 1167804 6467605 6467605 76317 135290 108620 172940 119898 613065 7080670 2326091 0.91340 0.91320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 1154760 106675 527451 733984 1115837 160000 173923 295000 1154760 999064 116772 1115837 1113536 -114472 999064 844817 268719 1113536 1 0 1900000 266994 1633006 263008 19717 243291 184250 184250 0 95377 51838 43539 1919836 ECONOMIC INJURY DISASTER LOAN 146795 DONOR DESIGNATIONS PAYABLE 257047 403842 X 1952676 15072 180000 195072 1757604 9697 9697 1767301 1975722 0 1975722 9697 9697 1985419 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 10000 0 PROGRAM SUPPORT ALLEGRO DANCE PROJECT 315 SIERRA DRIVE LEXINGTON KY 40505 464066462 13720 0 PROGRAM SUPPORT ANTAGONIST PRODUCTIONS 3267 BOWIE DR LEXINGTON KY 40517 821362110 10000 0 PROGRAM SUPPORT BLUEGRASS YOUTH BALLET 442 SOUTHLAND DR LEXINGTON KY 40503 470925708 15000 0 PROGRAM SUPPORT CARNEGIE CENTER FOR LITERACY 251 WEST 2ND ST LEXINGTON KY 40507 611185631 55000 0 PROGRAM SUPPORT CASA DE LA CULTURA HISPANA DE LEXINGTON 161 NORTH MILL ST LEXINGTON KY 40507 465436195 10000 0 PROGRAM SUPPORT CENTRAL KY YOUTH ORCHESTRA 161 NORTH MILL ST LEXINGTON KY 40507 616027055 40000 0 PROGRAM SUPPORT CENTRAL MUSIC ACADEMY 3295 EAGLE VIEW LN LEXINGTON KY 40509 611466695 10000 0 PROGRAM SUPPORT DOWNTOWN LEXINGTON PARTNERSHIP 333 W VINE ST STE 206 LEXINGTON KY 40507 611189677 5380 0 PROGRAM SUPPORT GREENROOM EXCHANGE 121 PRESTON AVE LEXINGTON KY 40502 843391750 10000 0 PROGRAM SUPPORT HENRY CLAY MEMORIAL FOUNDATION 120 SYCAMORE RD LEXINGTON KY 40502 610461732 7500 0 PROGRAM SUPPORT INSTITUTE 193 193 NORTH LIMESTONE ST LEXINGTON KY 40507 271871255 10000 0 PROGRAM SUPPORT KY BALLET THEATER 736 NATIONAL AVENUE LEXINGTON KY 40502 611329176 15000 0 PROGRAM SUPPORT LEXINGTON ART LEAGUE INC 209 CASTLEWOOD DRIVE LEXINGTON KY 40507 310890845 12500 0 PROGRAM SUPPORT LEXINGTON BALLET COMPANY 161 NORTH MILL ST LEXINGTON KY 40507 510161971 10000 0 PROGRAM SUPPORT LEXINGTON CHILDREN'S THEATRE 418 WEST SHORT ST LEXINGTON KY 40507 610929277 80260 0 PROGRAM SUPPORT LEXINGTON PHILHARMONIC ORCHESTRA 161 NORTH MILL ST LEXINGTON KY 40507 616033529 80000 1000 FMV PRO BONO DISCOUNT PROGRAM SUPPORT LIVING ARTS & SCIENCE CENTER 362 MARTIN LUTHER KING BLVD LEXINGTON KY 40507 610675663 70620 0 PROGRAM SUPPORT LYRIC THEATRE 300 E 3RD ST LEXINGTON KY 40508 272608879 8000 0 PROGRAM SUPPORT THE LEXINGTON THEATRE COMPANY 2323 ALEXANDRIA DR LEXINGTON KY 40504 464867178 30000 0 PROGRAM SUPPORT VOICES AMPLIFIED INC 473 BOB O LINK DR LEXINGTON KY 40503 873722765 5000 2000 FMV VENUE PROGRAM SUPPORT GENERAL OPERATING SUPPORT 12 36250 X 1 180000 EST. FMV X SUPPLIES 20 838 0 0 0 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 24E RECEPTIONS & CATERING: PROGRAM SERVICE EXPENSES 3,724. MANAGEMENT AND GENERAL EXPENSES 29,269. FUNDRAISING EXPENSES 190. TOTAL EXPENSES 33,183. JANITORIAL SERVICE AND SUPPLIES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 31,978. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,978. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 26,773. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,773. EQUIPMENT: PROGRAM SERVICE EXPENSES 3,584. MANAGEMENT AND GENERAL EXPENSES 22,760. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,344. PUBLICATIONS: PROGRAM SERVICE EXPENSES 4,500. MANAGEMENT AND GENERAL EXPENSES 9,275. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,775. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 13,548. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,548. OPERATING EXPENSES: PROGRAM SERVICE EXPENSES 11,653. MANAGEMENT AND GENERAL EXPENSES 1,065. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,718. SUPPLIES & MATERIALS: PROGRAM SERVICE EXPENSES 5,337. MANAGEMENT AND GENERAL EXPENSES 7,157. FUNDRAISING EXPENSES 34. TOTAL EXPENSES 12,528. INTERNS AND CONTRACT LABOR: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,150. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,150. BANK FEES: PROGRAM SERVICE EXPENSES 4. MANAGEMENT AND GENERAL EXPENSES 8,047. FUNDRAISING EXPENSES 11. TOTAL EXPENSES 8,062. MEMBERSHIPS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,230. FUNDRAISING EXPENSES 500. TOTAL EXPENSES 3,730. POSTAGE & MAILING PERMITS: PROGRAM SERVICE EXPENSES 48. MANAGEMENT AND GENERAL EXPENSES 941. FUNDRAISING EXPENSES 2,190. TOTAL EXPENSES 3,179. GRAPHICS: PROGRAM SERVICE EXPENSES 2,313. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,313. CONSUMABLE PURCHASES: PROGRAM SERVICE EXPENSES 72. MANAGEMENT AND GENERAL EXPENSES 1,176. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,248. BAD DEBTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 200. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 200. FORM 990, PART XII, LINE 2C: THE PROCESS IS UNCHANGED FROM THE PRIOR YEAR.