2025-09-18T08:23:38-05:00 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 2025-09-18 1 1 ANDREW H DIERUF CPA P01239897 8592544427 2023 2025-03-06 01:10:19Z X AMELIA SWEETALL 161 NORTH MILL STREET LEXINGTON KY 40507 2376365 0 X LEXARTS.ORG X 1985 KY TO PROVIDE ARTS AND CULTURAL SERVICES TO THE COMMUNITY 28 27 15 200 0 0 1380072 1259321 1071116 311514 27184 152545 196919 196656 2675291 1920036 584050 661294 0 0 450150 568281 0 0 61487 1495646 1042285 2529846 2271860 145445 -351824 3710007 3350940 2325717 2361393 1384290 989547 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 661294 661294 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. 483829 601565 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. 1145123 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 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 15 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 88858 0 0 CAMDEN SKIDMORE CHAIR & DIRECTOR 1.00 X X 0 0 0 YAJAIRA WEST CHAIR ELECT & DIRECTOR 1.00 X X 0 0 0 STEFAN HENDRICKSON TREASURER, CHAIR & DIRECTOR 1.00 X X 0 0 0 ALEX GARCIA SECRETARY, CHAIR & DIRECTOR 1.00 X X 0 0 0 KEN GISH CHAIR & DIRECTOR 1.00 X X 0 0 0 EMMY HARTLEY CHAIR & DIRECTOR 1.00 X X 0 0 0 ANGELA COLEMAN CHAIR & DIRECTOR 1.00 X X 0 0 0 LAKSHMI SRIRAMAN CHAIR & DIRECTOR 1.00 X X 0 0 0 LAUREN CASE CHAIR & DIRECTOR 1.00 X X 0 0 0 GREG PADGETT CHAIR & DIRECTOR 1.00 X X 0 0 0 ALEX CHADWELL DIRECTOR 1.00 X 0 0 0 HEATHER LYONS DIRECTOR 1.00 X 0 0 0 KATHY PLOMIN DIRECTOR 1.00 X 0 0 0 GINA GREATHOUSE DIRECTOR 1.00 X 0 0 0 LAURA BABBAGE DIRECTOR 1.00 X 0 0 0 LASHAWN BARBER DIRECTOR 1.00 X 0 0 0 DOUG BUGG 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 JILL HALL DIRECTOR 1.00 X 0 0 0 ANNE HARDY DIRECTOR 1.00 X 0 0 0 BRYCE OQUAYE 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 REBECCA SHERMAN DIRECTOR 1.00 X 0 0 0 WHIT WHITAKER DIRECTOR 1.00 X 0 0 0 88858 0 0 0 0 0 0 0 8741 673790 576790 195959 1259321 SPONSORSHIPS 900099 122389 122389 AUCTIONS & SPECIAL EVE 900099 112665 112665 MANAGEMENT FEES 900099 76460 76460 311514 30107 30107 122719 0 122719 122719 122719 533845 377864 33543 155981 -33543 122438 122438 73965 44922 29043 29043 MISC 900099 44894 44894 44894 1920036 601565 0 59150 X 630894 630894 30400 30400 88858 88858 398950 398950 41948 41948 38525 38525 16764 16764 362114 238182 118598 5334 11809 4200 5209 2400 57359 57359 15624 11943 3614 67 29954 29954 98965 98965 43419 43419 ARTIST'S FEES 138236 135586 200 2450 PRINTING AND STATIONARY 43426 25334 1789 16303 RECEPTIONS & CATERING 37582 18779 7812 10991 JANITORIAL SERVICE AND 27642 27642 159391 49805 85644 23942 2271860 1145123 1065250 61487 219152 104644 189531 25000 47327 48790 22000 15000 32156 17401 2408843 424751 2082753 1984092 998898 1024742 118190 131271 3710007 3350940 42618 373272 230525 161400 1677548 1350000 225126 326721 149900 150000 2325717 2361393 X 557870 230024 826420 759523 1384290 989547 3710007 3350940 -351824 -42919 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 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 0 1115837 160000 173923 295000 1154760 999064 116772 1115837 1113536 -114472 999064 844817 268719 1113536 1055533 3558 214274 844817 1 0 1900000 190994 1709006 238216 9528 228688 184250 184250 0 86377 39979 46398 1984092 ECONOMIC INJURY DISASTER LOAN 150000 150000 X 1905274 -42920 -42920 1948194 16764 -44922 -28158 1920036 2300017 44922 44922 2255095 16764 16764 2271859 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. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECTLY RELATED EVENT EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECTLY RELATED EVENT EXPENSES ARTY PARTY 53540 53540 44922 2024 WHISKEY WALL OF WONDER 20425 20425 73965 73965 44922 44922 29043 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 12500 0 PROGRAM SUPPORT BLUEGRASS YOUTH BALLET 10000 0 PROGRAM SUPPORT CARNEGIE CENTER FOR LITERACY 251 WEST 2ND ST LEXINGTON KY 40507 611185631 60000 0 PROGRAM SUPPORT CASA DE LA CULTURA HISPANA DE LEXINGTON 161 NORTH MILL ST LEXINGTON KY 40507 465436195 7500 0 PROGRAM SUPPORT CENTRAL KY YOUTH ORCHESTRA 161 NORTH MILL ST LEXINGTON KY 40507 616027055 45000 0 PROGRAM SUPPORT CENTRAL MUSIC ACADEMY 10000 0 PROGRAM SUPPORT CHAMBER MUSIC FESTIVAL OF LEXINGTON PO BOX 21816 LEXINGTON KY 40522 208524110 7500 0 PROGRAM SUPPORT GREENROOM EXCHANGE 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 10000 0 PROGRAM SUPPORT LEXINGTON BALLET COMPANY 161 NORTH MILL ST LEXINGTON KY 40507 510161971 15000 0 PROGRAM SUPPORT LEXINGTON CHILDREN'S THEATRE 418 WEST SHORT ST LEXINGTON KY 40507 610929277 100000 0 PROGRAM SUPPORT LEXINGTON PHILHARMONIC ORCHESTRA 161 NORTH MILL ST LEXINGTON KY 40507 616033529 101888 0 PROGRAM SUPPORT LIVING ARTS & SCIENCE CENTER 362 MARTIN LUTHER KING BLVD LEXINGTON KY 40507 610675663 75000 0 PROGRAM SUPPORT LYRIC THEATRE 300 E 3RD ST LEXINGTON KY 40508 272608879 7500 0 PROGRAM SUPPORT SOULFEAST WEEK LLC 10000 0 PROGRAM SUPPORT THE LEXINGTON THEATRE COMPANY 25480 0 PROGRAM SUPPORT GENERAL OPERATING SUPPORT 16 30400 X 1 180000 EST. FMV X EVENT SUPPORT, ADVERTISING, & OFFICE SUPPORT 7 15959 0 0 0 FORM 990, PAGE 1, PART B RETURN IS BEING AMENDED TO REFLECT CHANGES DUE TO THE COMPLETION OF THE INDEPENDENT AUDIT PERFORMED SUBSEQUENT TO THE INITIAL FILING OF FORM 990. THIS AFFECTED THE AMOUNTS REPORTS THROUGHOUT THE RETURN. 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 118,598. FUNDRAISING EXPENSES 5,334. TOTAL EXPENSES 362,114. FORM 990, PART XII, LINE 2C: THE PROCESS IS UNCHANGED FROM THE PRIOR YEAR.