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Kentucky · Nonprofit

LEXINGTON CENTER CORPORATION

LEXINGTON CENTER CORPORATION (Kentucky) receives grants from 4 organizations whose IRS filings report $1,396,218 to it, the largest being OPERA HOUSE FUND INC ($1,203,728). 2 of them have funded it in more than one year.

Revenue FY2025
$57M
Funders on record
4
Grants received
$1.4M
Net assets
$121M
2/4 repeat funderspeak grant-dependency 2%
01What it does

What Lexington Center Corporation does

Mission

The organization's mission is to enhance communities through innovative, shared experiences. Over the past year the organization has hosted over 450 live events ranging from athletic events, concerts, conventions, banquets etc.

As stated on its FY2025 Form 990.

Program

  1. Provide facilities for public use. Facilities include: arena, exhibition hall, historic theater and parking lots

    $55,510,574 spent$55,231,072 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $55,510,574.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($33M) Expenses 100 ($20M) Net assets 100 ($59M)2018 Revenue 78 ($26M) Expenses 109 ($22M) Net assets 106 ($63M)2019 Revenue 349 ($116M) Expenses 151 ($31M) Net assets 250 ($148M)2020 Revenue 74 ($25M) Expenses 213 ($43M) Net assets 218 ($129M)2021 Revenue 49 ($16M) Expenses 103 ($21M) Net assets 210 ($124M)2022 Revenue 102 ($34M) Expenses 185 ($38M) Net assets 203 ($120M)2023 Revenue 156 ($52M) Expenses 258 ($52M) Net assets 202 ($119M)2024 Revenue 171 ($57M) Expenses 278 ($57M) Net assets 202 ($119M)2025 Revenue 172 ($57M) Expenses 275 ($56M) Net assets 206 ($121M)
'17'18'19'20'21'22'23'24'25
Revenue (172)Expenses (275)Net assets (206)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $86M to $380M (+344%).

$86M
$86M
$380M
$360M
$378M
$369M
$360M
$357M
$353M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 51% · 2018 32% · 2019 76% · 2020 26% · 2021 34% · 2022 4% · 2023 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of LEXINGTON CENTER CORPORATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (61% for the typical peer).

This organization
Typical peer · 696 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$13M
’17
$3.7M
’18
$85M
’19
−$19M
’20
−$4.9M
’21
−$3.8M
’22
−$795k
’23
$62k
’24
$1.1M
’25
6.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Karen Hill

Board chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed181717181627222216
Joined·+1+0+4+2+16+4+2+3
No longer listed·20345929
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $25k → $234k.

Funder
'17
'19
'20
'21
'22
'23
'24*
'25*
'26*
total
funders
1
1
2
1
2
2
2
3
1

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of LEXINGTON CENTER CORPORATION’s funders (the co-funder graph). Top 3 of 4 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LEXINGTON CENTER CORPORATION leans on a few funders — its largest provides 86% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

86%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2019 100% · 2020 95% · 2021 100% · 2022 88% · 2023 91% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of LEXINGTON CENTER CORPORATION's grant income comes from Kentucky funders.

KY

In-state vs out-of-state, by year

’17
’19
’20
’21
’22
’23
Kentucky out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LEXINGTON CENTER CORPORATION is better cushioned than half of the 328 community improvement nonprofits its size.

Operating margin2% · below the median
Months of reserve6.8mo · above the median
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 328 community improvement nonprofits $10M–$100M, FY2025

Government funding LEXINGTON CENTER CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $10k on record.

Federal$10k
grants $0contracts $10k
Top agencies
  • Department of Defense$10k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like LEXINGTON CENTER CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Kentucky

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

99% of spending goes to programs.

Program 99%Management 1%Fundraising 0%

Governance

13
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

91%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

KY

Screen this organization

A dated, signed PDF of the compliance screen for LEXINGTON CENTER CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LEXINGTON CENTER CORPORATION?
LEXINGTON CENTER CORPORATION (Kentucky) receives grants from 4 organizations whose IRS filings report $1,396,218 to it, the largest being OPERA HOUSE FUND INC ($1,203,728). 2 of them have funded it in more than one year.
How many funders does LEXINGTON CENTER CORPORATION have?
IRS filings report 4 organizations giving $1,396,218 in grants to LEXINGTON CENTER CORPORATION, 2 of which have funded it in more than one year.
Who is the largest funder of LEXINGTON CENTER CORPORATION?
OPERA HOUSE FUND INC is the largest funder on record, with $1,203,728 in grants. The full list of funders is on this page.
How can an organization like LEXINGTON CENTER CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Lexington Center →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing