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Arts, Culture, Humanities : Museums

Living Arts & Science Center

The place where creativity grows

three stars

89.38

362 North Martin Luther King Boulevard Lexington, KY 40508
tel: (859) 252-5222   Web Site
EIN: 61-0675663

Board Leadership
Renee Shepard
President

CEO
Lori Halligan
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 89.38 three stars
  Financial 99.57 four stars
  Accountability & Transparency 85.00 three stars
This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The Living Arts & Science Center provides creative and unique opportunities for exploration and education in the arts and sciences, and has for over 47 years. Since the humble beginnings in 1968 many dedicated teachers and volunteers have made the LASC a trusted creative resource and a stimulating force that makes Central Kentucky a better place. With the opening of our new 11,000 square foot addition in the spring of 2016, the Living Arts & Science Center envisions an environment that transparently and organically represents the arts and sciences not only through the programs that take place within but through the very structure itself.

The Living Arts & Science Center provides creative and unique opportunities for exploration and education in the arts and sciences, and has for over 47 years. Since the humble beginnings in 1968 many dedicated teachers and volunteers have made the LASC a trusted creative resource and a stimulating force that makes Central Kentucky a better place. With the opening of our new 11,000 square foot addition in the spring of 2016, the Living Arts & Science Center envisions an environment that transparently and organically represents the arts and sciences not only through the programs that take place within but through the very structure itself.

Impact Information

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This impact information is current as of March 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

99.57

Accountability & Transparency

three stars

85.00

This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
81.6%
  Administrative Expenses 14.2%
  Fundraising Expenses 4.0%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 5.73
  Program Expenses Growth 29.3%
  Liabilities to Assets 3.7%
All data for Financial Performance Metrics calculations was provided by Living Arts & Science Center on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Living Arts & Science Center on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Living Arts & Science Center (KY) 89.38 three stars
The Computer History Museum (CA) 90.36 four stars
Rochester Museum and Science Center (NY) 86.86 three stars
Museum of Science (MA) 90.09 four stars
Science Museum Oklahoma (OK) 97.15 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $208,063
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $70,687
   Related Organizations $0
   Government Grants $212,463
Total Contributions $491,213
   Program Service Revenue $233,294
Total Primary Revenue $724,507
   Other Revenue $43,177
TOTAL REVENUE $767,684
   
EXPENSES  
   Program Expenses $866,303
   Administrative Expenses $126,309
   Fundraising Expenses $22,455
TOTAL FUNCTIONAL EXPENSES $1,015,067
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-247,383
   
Net Assets $5,138,179

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 10/01/2019 89.38 three stars
2017-06 08/01/2018 88.93 three stars
2016-06 03/01/2018 89.03 three stars
2015-06 02/01/2017 87.22 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 61-0675663
Name in IRS Master File LIVING ARTS & SCIENCE CENTER INC
NTEE Code A52
NTEE Classification Children's Museums
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 1969
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
None reported -- This organization did not report a CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Living Arts & Science Center (KY) 89.38 three stars
The Computer History Museum (CA) 90.36 four stars
Museum of Science (MA) 90.09 four stars
McWane Science Center (AL) 88.11 three stars
Liberty Science Center (NJ) 91.88 four stars

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Charity Contact Info

Living Arts & Science Center
362 North Martin Luther King Boulevard
Lexington, KY 40508
tel: (859) 252-5222
fax: (859) 255-7448
EIN: 61-0675663

Visit Web Site

Board Leadership

Renee Shepard
President

CEO

Lori Halligan
Executive Director

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