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Kentucky · Nonprofit

LEXINGTON PHILHARMONIC SOCIETY INC

LEXINGTON PHILHARMONIC SOCIETY INC (Kentucky) receives grants from 19 organizations whose IRS filings report $2,063,417 to it, the largest being LEXARTS INC ($1,044,000). 15 of them have funded it in more than one year.

Revenue FY2025
$1.3M
Funders on record
19
Grants received
$2.1M
Net assets
$-251634
15/19 repeat funderspeak grant-dependency 29%
01What it does

What Lexington Philharmonic Society Inc does

Mission

To foster excellence and innovation in performances and presentation of great music; to enrich the lives of our diverse citizenry; to educate current and future audiences and to bring distinction to our community through the orchestra's presence and standing.

As stated on its FY2025 Form 990.

Program

  1. The lexington philharmonic presents over 100 concerts, educational, and community engagement programs annually, designed to engage the diverse populations of central kentucky in the power and joy of music and live performance. The season series features classical music, new music, and world premiere works, along with world-renowned guest artists. Many life-long learning programs are offered free of charge with community partners such as the lfucg senior center and fayette county public schools. Other educational programs include free pre-concert lectures, and musiclab. Lexphil reaches thousands of listeners through its partnership of on-air broadcasts and streaming with weku fm.

    $1,049,944 spent$525,661 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,049,944.

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 ($1.3M) Expenses 100 ($1.3M) Net assets -35 ($-18133)2018 Revenue 102 ($1.3M) Expenses 110 ($1.4M) Net assets -175 ($-91129)2019 Revenue 88 ($1.1M) Expenses 107 ($1.4M) Net assets -594 ($-309873)2020 Revenue 79 ($1.0M) Expenses 76 ($962k) Net assets -489 ($-255073)2021 Revenue 57 ($734k) Expenses 34 ($427k) Net assets 100 ($52k)2022 Revenue 64 ($833k) Expenses 68 ($858k) Net assets 52 ($27k)2023 Revenue 72 ($928k) Expenses 80 ($1.0M) Net assets -100 ($-52214)2024 Revenue 82 ($1.1M) Expenses 93 ($1.2M) Net assets -314 ($-163902)2025 Revenue 97 ($1.3M) Expenses 106 ($1.3M) Net assets -482 ($-251634)
'17'18'19'20'21'22'23'24'25
Revenue (97)Expenses (106)Net assets (-482)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 2020 to 2021, from $109k to $313k (+188%).

$165k
$88k
$135k
$109k
$313k
$133k
$109k
$52k
$66k
'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 3% · 2018 2% · 2019 3% · 2020 3% · 2021 36% · 2022 26% · 2023 3% · 2024 2% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

58% of LEXINGTON PHILHARMONIC SOCIETY INC’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 reported years ran a deficit.

$30k
’17
−$73k
’18
−$219k
’19
$55k
’20
$307k
’21
−$25k
’22
−$79k
’23
−$112k
’24
−$88k
’25
0.3
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.

Chief executive

Brooke Raby

Executive director

Board chair

John Wharton

Foundation chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed161516212221202020
Joined·+4+11+6+5+2+2+3+2
No longer listed·510143332
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 9 funders, grant income fell $312k → $200k.

9 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 38% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $478k from one payer (the payer shares this organization's board, largest Lexington Philharmonic Orchestra Foundation Inc). These are real filings, and they are not money LEXINGTON PHILHARMONIC SOCIETY INC raised.

From the IRS filings of LEXINGTON PHILHARMONIC SOCIETY INC’s funders (the co-funder graph). 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 PHILHARMONIC SOCIETY INC leans on a few funders — its largest provides 51% of grant income and the top three 78%; half comes from just 1 funder.

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

92% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LEXINGTON PHILHARMONIC SOCIETY INC.

51%
largest funder
78%
top three
~3
effective funders

Largest funder’s share by year: 2017 55% · 2018 62% · 2019 72% · 2020 57% · 2021 42% · 2022 52% · 2023 50% — 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.

How long its funders stay

71% of LEXINGTON PHILHARMONIC SOCIETY INC's funders are still giving 3 years after their first grant; 79% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

89% of LEXINGTON PHILHARMONIC SOCIETY INC's grant income comes from Kentucky funders.

NY
KY

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

’17
’18
’19
’20
’21
’22
’23
Kentucky out of state home

Funder states come from each funder’s own filing. $781k arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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 PHILHARMONIC SOCIETY INC receives grants from 19 organizations whose IRS filings report $2.1M to it.

Operating margin−7% · below the median
Months of reserve0.3mo · bottom quartile
Revenue growth (annualized)−0% · bottom quartile

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Government funding LEXINGTON PHILHARMONIC SOCIETY INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $20k on record.

Federal$20k
grants $20kcontracts $0
17
22
Top agencies
  • National Endowment for the Arts$20k

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 PHILHARMONIC SOCIETY INC

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

78% of spending goes to programs.

Program 78%Management 15%Fundraising 7%

Governance

19
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

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

Part of a family of 1 related entity

  • Lexington Philharmonic Foundation Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for LEXINGTON PHILHARMONIC SOCIETY INC: 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 PHILHARMONIC SOCIETY INC?
LEXINGTON PHILHARMONIC SOCIETY INC (Kentucky) receives grants from 19 organizations whose IRS filings report $2,063,417 to it, the largest being LEXARTS INC ($1,044,000). 15 of them have funded it in more than one year.
How many funders does LEXINGTON PHILHARMONIC SOCIETY INC have?
IRS filings report 19 organizations giving $2,063,417 in grants to LEXINGTON PHILHARMONIC SOCIETY INC, 15 of which have funded it in more than one year.
Who is the largest funder of LEXINGTON PHILHARMONIC SOCIETY INC?
LEXARTS INC is the largest funder on record, with $1,044,000 in grants. The full list of funders is on this page.
How can an organization like LEXINGTON PHILHARMONIC SOCIETY INC 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 Philharmonic Society →

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 19 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