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Nonprofiteer
← LEXINGTON CHILDRENS THEATRE INC

Form 990 for tax year 2023

Filed by LEXINGTON CHILDRENS THEATRE INC.

Totals

Total revenue
$1,176,909
Total expenses
$1,522,383
Contributions and grants received
$465,760
Grants paid
$0
Program service revenue
$635,220
Investment income
$33,301
Other revenue
$42,628
Total assets, end of year
$2,406,008
Total liabilities, end of year
$628,754
Net assets or fund balances, end of year
$1,777,254
Program services expenses (Part IX)
$1,276,981
Management and general expenses
$168,852
Fundraising expenses
$76,550
Program service expenses (Part III)
$1,276,981

Program services were 83.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $465,760

  • 2a · Program service revenue: PRODUCTION REVENUE

    total $325,430 · related or exempt $325,430

  • 2b · Program service revenue: EDUCATION REVENUE

    total $214,463 · related or exempt $214,463

  • 2c · Program service revenue: EVENTS REVENUE

    total $95,327 · related or exempt $95,327

  • 3 · Investment income

    total $11,473 · excluded $11,473

  • 4 · Income from investment of tax-exempt bond proceeds

    total $13,675 · excluded $13,675

  • 7a · Gross sales of assets other than inventory

    securities $193,153

  • 7b · Less cost or other basis and sales expenses

    securities $185,000

  • 7c · Gain or loss

    securities $8,153

  • 7d · Net gain or loss

    total $8,153 · excluded $8,153

  • 10a · Gross sales of inventory

    $14,230

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $14,230 · related or exempt $14,230

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $28,398 · related or exempt $28,398

  • 11e · Other revenue, total

    $28,398

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $734,876 · program services $616,672 · management and general $76,275 · fundraising $41,929

  • 9 · Other employee benefits

    total $115,862 · program services $97,225 · management and general $12,026 · fundraising $6,611

  • 10 · Payroll taxes

    total $48,302 · program services $40,533 · management and general $5,013 · fundraising $2,756

  • 11b · Fees: legal

    total $3,879 · management and general $3,879

  • 11f · Fees: investment management

    total $3,846 · management and general $3,846

  • 12 · Advertising and promotion

    total $29,408 · program services $28,790 · management and general $618

  • 13 · Office expenses

    total $2,430 · program services $2,247 · management and general $122 · fundraising $61

  • 16 · Occupancy

    total $47,430 · program services $47,430

  • 17 · Travel

    total $15,222 · program services $14,080 · management and general $762 · fundraising $380

  • 20 · Interest

    total $19,361 · program services $17,907 · management and general $970 · fundraising $484

  • 22 · Depreciation, depletion and amortization

    total $71,449 · program services $66,083 · management and general $3,580 · fundraising $1,786

  • 23 · Insurance

    total $26,441 · program services $24,456 · management and general $1,324 · fundraising $661

  • 24a · Other expenses: UTILITIES

    total $100,399 · program services $92,861 · management and general $5,028 · fundraising $2,510

  • 24b · Other expenses: PROGRAM SUPPLIES

    total $79,101 · program services $66,002 · management and general $0 · fundraising $13,099

  • 24c · Other expenses: EQUIPMENT AND MAINTENAN

    total $62,350 · program services $57,669 · management and general $3,123 · fundraising $1,558

  • 24d · Other expenses: CONTRACT LABOR

    total $54,609 · program services $45,825 · management and general $5,668 · fundraising $3,116

  • 24e · All other expenses

    total $107,418 · program services $59,201 · management and general $46,618 · fundraising $1,599

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $728,962 · end of year $438,646

  • 4 · Accounts receivable

    beginning of year $32,475 · end of year $34,729

  • 9 · Prepaid expenses and deferred charges

    beginning of year $22,954 · end of year $30,923

  • 10a · Land, buildings and equipment: cost or other basis

    $3,991,222

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,610,678

  • 10c · Land, buildings and equipment, net

    beginning of year $1,382,313 · end of year $1,380,544

  • 12 · Investments: other securities

    beginning of year $460,315 · end of year $521,166

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,975 · end of year $68,909

  • 19 · Deferred revenue

    beginning of year $108,514 · end of year $142,144

  • 23 · Secured mortgages and notes payable

    beginning of year $422,352 · end of year $411,011

  • 25 · Other liabilities

    beginning of year $6,320 · end of year $6,690

  • 27 · Net assets without donor restrictions

    beginning of year $2,079,858 · end of year $1,777,254

Mission and programs · 2023

Mission

TO PROVIDE PROFESSIONAL THEATRE EXPERIENCES FOR YOUNG AUDIENCES. TO PROVIDE QUALITY THEATRE EDUCATION FOR YOUNG PEOPLE ANNUALLY. LCT PROVIDES QUALITY THEATRE EXPERIENCES AND THEATRE ARTS EDUCATION FOR AS MANY AS 150,000 CHILDREN THROUGHOUT THE STATE OF KENTUCKY.

  • THE THEATRE PERFORMED SEVERAL MAJOR PRODUCTIONS FOR YOUNG AUDIENCES AS WELL AS NUMEROUS SCHOOL PERFORMANCES, PROVIDING THEATRE TO OVER 60,000 CHILDREN ANNUALLY.

    Expenses $1,038,551 · Revenue $463,385

  • THE THEATRE PROVIDES FOR THEATRE SCHOOLS THAT PROVIDE INSTRUCTION IN THEATRE TO HUNDREDS OF CHILDREN.

    Expenses $238,430 · Revenue $214,463

As filed on the 2023 return.

Listed in Part VII

  • Caroline French

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Ann-Phillips Mayfield

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Overstreet

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Matthew Parsons

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Resa Browning

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kaelyn Query

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Miranda Scully

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Melia Schmidt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kevin Sisler

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Amy Stout

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    1

  • Dominique Wright

    GOVERNANCE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Barrera

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jason Goh

    OPERATIONS CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Ty Hendrickson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Kunjoo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kelli Parmley

    DEVELOPMENT CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Melissa Thompson

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Whit Whitaker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Candra Bryant

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Aaron Ann Cole-Funfsinn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mindy Lynn Coleman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jordan Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jen Mooney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Brandon Potter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Shericka Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Serenity Wright

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jeremy Kisling

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
13 May 2025
IRS schema version
2023v6.0
Source object
202531339349308323

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