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Filing year 2023

LEXARTS INC

Lexington, Kentucky·EIN 61-1163184·NTEE A26Z · Arts, Culture & Humanities·501(c)(3)
Total revenue
$1.9M
Total assets
$3.4M
Total expenses
$2.2M
Reported officers
44
Mission

LEXARTS PROMOTES QUALITY ARTS EXPERIENCES FOR THE BENEFIT OF THE PEOPLE IN CENTRAL KENTUCKY THROUGH FUNDING, ADVOCACY, TECHNICAL ASSISTANCE, COMMUNICATION AND PLANNING INITIATIVES.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations in Kentucky.

President, CEO & Director
Median to 75th percentile
$90k
$98k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 43 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LEXARTS INC equaled 4% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
4%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Climbed 11%
over 2 years

From $81k in 2021 to $90k in 2023.

$81k
2021
$90k
2022
$90k
2023
In today's dollarsEst.
Down 2% in real terms$100k to $98k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 11% from 2021 to 2023, while revenue fell 4%.

$81k in 2021 to $90k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LEXARTS INC

What does the Chief Executive Officer of LEXARTS INC earn?

In 2023, the Chief Executive Officer of LEXARTS INC received $90,000 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Kentucky, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LEXARTS INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Kentucky, the 2023 pay of the Chief Executive Officer at LEXARTS INC falls between the median and the 75th percentile. In 2023, the highest total compensation at LEXARTS INC equaled 4% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are LEXARTS INC's revenue and expenses?

In 2023, LEXARTS INC reported $1.9M in total revenue and $2.2M in total expenses on its IRS Form 990.

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