Nonprofit · EIN 51-0161971
LEXINGTON BALLET COMPANY INC
Tax-exempt · LEXINGTON, KY 40502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $366,193 | $454,084 | -$87,891 | $155,572 | $13,119 | $142,453 |
| June 30, 2024 | 990 | $373,013 | $466,940 | -$93,927 | $220,339 | $2,677 | $217,662 |
| June 30, 2023 | 990 | $667,307 | $492,664 | $174,643 | $330,009 | $4,848 | $325,161 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $70,121
- of which government grants
- $12,474
- Program service revenue
- $289,662
- Investment income
- $260
- Net income from sales of inventory
- $4,730
- Other revenue
- $6,150
Expenses
- Grants and similar amounts paid
- $4,357
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $180,161
- Salaries, compensation and benefits (total)
- $212,620
- Professional fundraising fees
- $0
- Accounting fees
- $16,502
- Occupancy
- $34,687
- Travel
- $5,183
- Program services (functional)
- $347,080
- Management and general (functional)
- $90,595
- Fundraising (functional)
- $16,409
Balance sheet and other
- Total assets, start of year
- $220,339
- Total assets, end of year
- $155,572
- Total liabilities, end of year
- $13,119
- Net assets, end of year
- $142,453
- Net assets without donor restrictions
- $142,453
- Gross receipts
- $375,362
- Employees
- 0
- Volunteers
- 20
- Year formed
- 1974
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michelle Huang | President Trustee or director, Key employee | 2 | $0 |
| David Iorio | Director Trustee or director, Officer | 2 | $0 |
| Renee Marrow | Director Trustee or director, Officer | 2 | $0 |
| Bob Eidson | Director Trustee or director | 1 | $0 |
| Linda Rego | Director Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARY ISAACS | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $48,039 |
| AYAKO LLOYD | ARTISTIC DIRECTOR Trustee or director, Officer | 40 | $40,376 |
| LORI CLEMENS | BOARD MEMBER Trustee or director | 1 | $0 |
| RENE LEAVER | TREASURER Trustee or director, Officer | 3 | $0 |
| MARIA HAYNE | BOARD MEMBER Trustee or director | 1 | $0 |
| TERRENCE FISTER | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LUIS DOMINGUEZ | ARTISTIC DIRECTOR TO FEB 2023 Trustee or director, Officer | 40 | $49,832 |
| NANCY DOMINGUEZ | SCHOOL DIRECTOR Trustee or director, Officer | 40 | $40,572 |
| AYAKO HASEBE LLOYD | INTERIM ARTISTIC DIRECTOR Trustee or director, Officer | 40 | $34,596 |
| LORI CLEMENS | BOARD MEMBER Trustee or director | 1 | $0 |
| RENE LEAVER | TREASURER Trustee or director, Officer | 3 | $0 |
| DAVID IORIO | PRESIDENT Trustee or director, Officer | 3 | $0 |
| MARTA HAYNE | BOARD MEMBER Trustee or director | 1 | $0 |
| TERRENCE FISTER | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 838 E HIGH ST, LEXINGTON, KY 40502-2107
- Principal officer (990 for 2024)
- Mia Isaac, 838 E High St Ste 314, Lexington, KY 40502
- Signed the 990
- Mia Isaac, Executive Director
- Phone
- (859) 233-3925
- Return prepared by
- Bourne Bookkeeping & Admin Srvcs
Mission
To INSPIRE diverse audiences with vibrant classical, new classical and contemporary ballet. EDUCATE and challenge individuals to reach their potential by providing the highest level of classical ballet training and performance opportunities in a culture of self discipline creativity and respect. CULTIVATE collaborations that expand the availability, access and appreciation for the arts regionally, making Lexington a unique and vibrant city in which to live and work.
Program accomplishments
- Public Ballet Choreography, Set Design, and Performances.Expenses $279,881 · revenue $213,674
- The Lexington Ballet Company has a year-round arts education program which includes but is not limited to ballet instruction in the following: classical ballet, creative movement, pre-ballet, jazz, modern, and adult ballet. Training for all ages and skill levels are available at LBC which really helps the organization reach a broad audience. During the summer months, LBC offers summer intensive ballet programs as an Adult Intensive Program that allows for working adults to enjoy a week of intensive dance discovery in the evening hours. We launched Ann app for the school and parents.Expenses $36,117 · revenue $75,989
- Cultural Enrichment - Lex Ballet dancers and staff traveled to Lexington's sister city Deauville, France, to meet, to study with, to view performances with the French Ballet company, and to exchange cultural knowledge. Partnerships & collaborations in France resulted in positive media coverage and press, and highly favorable community feedback. Programs often extend beyond diplomacy or business ties to include cultural diplomacy using art, media, performance, and education to connect communities on a human level. Arts and culture serve as tools for mutual understanding and creative exchange, with dance acting as a universal language.Expenses $31,082
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 51-0161971
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1975
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $155,572
- Income (IRS master file)
- $375,362
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $366,193 | $454,084 | $155,572 | XML |
| 990 | June 2024 | $373,013 | $466,940 | $220,339 | XML |
| 990 | June 2023 | $667,307 | $492,664 | $330,009 | XML |
| 990 | June 2022 | $397,706 | $321,292 | $159,431 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0161971).
Questions about LEXINGTON BALLET COMPANY INC
- What is the EIN of LEXINGTON BALLET COMPANY INC?
- The employer identification number (EIN) of LEXINGTON BALLET COMPANY INC is 51-0161971.
- Is LEXINGTON BALLET COMPANY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
- Are donations to LEXINGTON BALLET COMPANY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEXINGTON BALLET COMPANY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LEXINGTON BALLET COMPANY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LEXINGTON BALLET COMPANY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LEXINGTON BALLET COMPANY INC?
- The 990 for the year ended June 30, 2025 names Mia Isaac.
- Who are the officers and directors of LEXINGTON BALLET COMPANY INC?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does LEXINGTON BALLET COMPANY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $366,193, expenses of $454,084 and total assets of $155,572 at year end.
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