2025-06-17T16:11:18-05:00 2024-06-30 464187261 YOUNG & WADLINGTON PLLC 800 CORPORATE DR SUITE 230 LEXINGTON KY 40503 990 2023-07-01 611183278 LEXINGTON CHILDREN'S MUSEUM LEXI 8592583253 440 WEST SHORT STREET LEXINGTON KY 40507 COLBY ERNEST EXECUTIVE DIRECTOR 8592583253 2025-06-11 1 1 GWENDOLYN B YOUNG CPA CVA P00011207 8594751010 2023 2025-03-06 01:10:19Z COLBY ERNEST 440 WEST SHORT STREET LEXINGTON KY 40507 1056229 0 X LEXINGTONCHILDRENSMUSEUM.ORG X 1990 KY LEXINGTON CHILDREN'S MUSEUM CREATES A FUN AND INCLUSIVE LEARNING EXPERIENCE THAT IGNITES A COMMUNITY OF CURIOUS MINDS. 13 13 17 100 34649 0 475586 512024 375308 507135 5701 -18199 54368 -16304 910963 984656 0 0 0 0 314724 375832 0 0 48595 474547 604103 789271 979935 121692 4721 610943 1083548 328875 782217 282068 301331 X TO CREATE A FUN AND DYNAMIC HANDS-ON LEARNING ENVIRONMENT THAT INSPIRES IMAGINATION AND CURIOSITY. 0 0 624100 473986 SINCE 1990, THE LEXINGTON CHILDREN'S MUSEUM, HAS ENCOURAGED LIFELONG LEARNING BY CREATING A DYNAMIC, HANDS-ON ENVIRONMENT THAT INSPIRES IMAGINATION AND CURIOSITY. ANNUALLY, THE MUSEUM AVERAGES OVER 50,000 VISITORS AND IMPACTS AN ADDITIONAL 10,000 THROUGH OUTREACH ACTIVITIES. WE WELCOME CHILDREN, THEIR FAMILIES, EDUCATORS, AND OTHER COMMUNITY MEMBERS FROM FAR AND WIDE, OFFERING AN INVITING SPACE WHERE THEY CAN HAVE FUN AND GROW TOGETHER. AS THE MUSEUM GROWS, WE HOPE TO CONTINUE EXPANDING OUR REACH TO PROVIDE EQUITABLE ACCESS TO OUR PLAY AND LEARNING RESOURCES AND PROGRAMS.THE MUSEUM OFFERS A HOST OF PROGRAMS TO TEACH AND INSPIRE CHILDREN IN ENGAGING WAYS. SUMMER AND SCHOOL-YEAR CAMPS PROVIDE ARTS-INTEGRATED LEARNING. OUR COMMUNITY OUTREACH PROVIDES FREE ACTIVITIES AT LOCAL FAIRS AND FESTIVALS, AS WELL AS HANDS-ON PROGRAMMING FOR ELEMENTARY SCHOOLS. WE ALSO HAVE A MOBILE PLAY & LEARNING LAB AND STEAMER TRUNKS AVAILABLE FOR RENT. 624100 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 17 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 KY X X COLBY ERNEST 8592583253 440 WEST SHORT STREET LEXINGTON KY 40507 SHELBY FINK PRESIDENT 2.00 X X 0 0 0 DOUGLAS REED TREASURER 2.00 X X 0 0 0 JACINTA PORTER SECRETARY 2.00 X X 0 0 0 OLIVIA DAVIS VICE PRESIDENT 2.00 X X 0 0 0 WHITNEY BAXTER DIRECTOR 1.00 X 0 0 0 CHRIS HENRY DIRECTOR 1.00 X 0 0 0 MIKE HILTON DIRECTOR 1.00 X 0 0 0 JOSH MCCURN DIRECTOR 1.00 X 0 0 0 HUNTER PORTER DIRECTOR 1.00 X 0 0 0 CARRIE ROGERS DIRECTOR 1.00 X 0 0 0 STEPHANIE SPIRES DIRECTOR 1.00 X 0 0 0 KIM SKIDMORE DIRECTOR 1.00 X 0 0 0 MARY BETH GRIFFITH DIRECTOR 1.00 X 0 0 0 COLBY ERNEST EXECUTIVE DIRECTOR 40.00 X 88917 0 0 88917 0 0 0 0 0 0 0 40000 244448 227576 512024 ADMISSIONS, FEES, ETC. 711300 472486 472486 GIFT SHOP 459420 34649 34649 507135 5819 5819 21486 22548 22956 -1062 -22956 -24018 -24018 8265 40000 26069 -17804 -17804 MISCELLANEOUS 900000 1500 1500 1500 984656 473986 34649 -36003 91300 73040 18260 225978 180679 18353 26946 32679 26133 3771 2775 25875 20692 2985 2198 23047 18439 3456 1152 17641 15876 1765 27017 23231 2362 1424 220338 176270 33051 11017 8465 8465 14166 11332 2126 708 21738 17391 4347 12195 9756 1829 610 RELOCATION FEASIBILITY 205089 205089 GIFT SHOP EXPENSES 18150 18150 BANK AND CREDIT CARD FE 18140 18140 EXHIBITS AND PROGRAMS 14971 14971 3146 3146 979935 624100 307240 48595 231070 202835 2458 5104 2532 2282 2153381 2021607 57995 131774 168950 185790 147938 555763 610943 1083548 38837 68698 150000 157756 140038 555763 328875 782217 X 12594 12652 269474 288679 282068 301331 610943 1083548 4721 14542 0 X X 0 1 X 1 0 X 267272 133514 216520 475586 512024 1604916 267272 133514 216520 475586 512024 1604916 1604916 8350 6912 11094 5675 5819 37850 0 0 0 0 0 1642766 1330651 0.97700 0.97720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 269474 19205 288679 259737 15021 269474 357365 -27561 66809 3258 259737 314598 45506 2739 357365 308634 9320 3356 314598 0 0 1509852 1405269 104583 29571 29571 0 613958 586767 27191 131774 OPERATING LEASE RIGHT-OF-USE ASSET 555763 555763 OPERATING LEASE LIABILITY 555763 555763 1048223 14542 26069 40611 1007612 -22956 -22956 984656 1006004 26069 26069 979935 0 979935 PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT COSTS NETTED WITH REVENUE ON 990 26,069. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSETS -22,956. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT COSTS NETTED WITH REVENUE ON 990 26,069. SPECIAL FUNDRAISING EVENTS 48265 40000 8265 7325 4016 14728 48265 40000 8265 7325 4016 14728 26069 -17804 FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR REVIEWS THE 990 PRIOR TO SIGNING AND FILING. THE BOARD OF DIRECTORS RECEIVES COPIES OF FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND EXECUTIVE DIRECTOR ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY. THE EXECUTIVE TEAM OF THE BOARD ENSURES ALL MEMBERS OF THE BOARD HAVE SIGNED THE POLICIES AS WELL AS CONSULTS WITH THE EXECUTIVE DIRECTOR TO ENSURE THERE IS NO CONFLICT WITH THE EXISTING BUSINESSES. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEE MEASURES COMPENSATION OF DIRECTORS OF SIMILAR SIZE INSTITUTIONS. A PERFORMANCE REVIEW IS COMPLETED AND PROPOSED CHANGE IS BROUGHT BEFORE THE FULL BOARD FOR ADDITIONAL QUESTIONS, FEEDBACK AND APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE LEXINGTON CHILDRENS MUSEUM IS AN AGENCY OF THE LEXINGTON FAYETTE URBAN COUNTY GOVERNMENT. AS SUCH ALL MEETINGS ARE OPEN TO THE PUBLIC. THE POLICIES, BYLAWS, FINANCIAL STATEMENTS AND AUDITS ARE ANNOUNCED AS OPEN TO REVIEW ON THE LOCAL GOVERNMENT'S WEBSITE AND THERE IS NOTICE OF SUCH OPEN ACCESS TO OUR RECORDS POSTED IN THE LEXINGTON CHILDRENS MUSEUM. FORM 990, PART XII, LINE 2C: THE PROCESS FOR SELECTING AN AUDITOR HAS REMAINED UNCHANGED FROM THE PRIOR YEAR.