NonprofitsFriends Of Kentucky Theatre

Philanthropy, Voluntarism & Grantmaking Foundations

Friends Of Kentucky Theatre

LEXINGTON, KY

Total revenue

$1.7M

Total expenses

$1.7M

Net assets

$366K

Grants received

$94K

2 grants

EIN

872882616

Tax year

2024

Mission

The Kentucky Theatre is a historic building in downtown Lexington, KY, that had fallen into disuse and disrepair. Purchased by the City of Lexington, The Friends of the Kentucky Theatre Inc is a nonprofit tasked with overseeing the restoration, maintenance, operation, and future expansion of the theater in a public-private partnership with the Lexington Fayette Urban County Government. The theater is used by the City, by Nonprofits & NGOs, and by the public for a myriad of local programs, events, artists & entertainers, including offering modern & classic films, locally written & produced films, historical and other specialty films not available in commercial theatres, as well as film school partnerships with students & faculty at the University of Kentucky. The restoration and maintenance of the historical landmark property, over 100 years old, is an ongoing labor of love.

Financials

FY 2024

Revenue

Contributions & grants$130K
Program service revenue$1.3M
Investment income$2K
Other revenue$255K
Total revenue$1.7M

Expenses

Grants paid$15K
Salaries & benefits$236K
Fundraising$24K
Other expenses$1.5M
Total expenses$1.7M
Total assets$366K
Net assets$366K

People

9 listed

NameRoleCompensation

Lisa Meek

Board Chair

Board

2 hrs/wk

Bradford Queen

Treasurer

Board

2 hrs/wk

Anita Courtney

Secretary

Board

1 hrs/wk

Ashish Patel

Director

Board

0

Beverly Fortune

Director

Board

1 hrs/wk

Stephanie Fitch

Director

Board

1 hrs/wk

Celeste Lewis

Director

Board

1 hrs/wk

Edd MacKey

Director

Board

1 hrs/wk

Maureen Peters

Director

Board

1 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$90K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2021

Funded by

$94K from 2 funders · 2 grants · 2021–2022

Details

EIN872882616
NTEE codeT70
Subsection03
Ruling date2022-05
Formed2021
Employees12
Volunteers12
FRIENDS OF KENTUCKY THEATRE — Mission, Financials & Grants Received | Grantivo