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Arts, Culture, Humanities : Museums

Living Arts & Science Center

The place where creativity grows

three stars

89.39

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 89.39 three stars
  Financial 100.00 four stars
  Accountability & Transparency 85.00 three stars
This rating was published 02/01/2021 and includes data from FY2019, 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.

Financial

four stars

100.00

Accountability & Transparency

three stars

85.00

This rating was published 02/01/2021 and includes data from FY2019, 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)
84.0%
  Administrative Expenses 13.1%
  Fundraising Expenses 2.7%
  Fundraising Efficiency $0.05
  Working Capital Ratio (years) 4.98
  Program Expenses Growth 16.1%
  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) 89.39 three stars
Orlando Science Center (FL) 90.47 four stars
The Tech Museum of Innovation (CA) 95.79 four stars
COSI Center of Science and Industry (OH) 86.66 three stars
Science Museum of Minnesota (MN) 92.93 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $366,087
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $8,630
   Related Organizations $0
   Government Grants $125,232
Total Contributions $499,949
   Program Service Revenue $239,012
Total Primary Revenue $738,961
   Other Revenue $77,276
TOTAL REVENUE $816,237
   
EXPENSES  
   Program Expenses $842,827
   Administrative Expenses $126,907
   Fundraising Expenses $22,662
TOTAL FUNCTIONAL EXPENSES $992,396
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-176,159
   
Net Assets $4,965,796

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
2019-06 02/01/2021 89.39 three stars
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) 89.39 three stars
Science Museum of Virginia Foundation (VA) 89.15 three stars
Science Central (IN) 88.55 three stars
COSI Center of Science and Industry (OH) 86.66 three stars
Science Center of Iowa (IA) 85.18 three stars

Compare These Charities (Highly Rated)

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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

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Board Leadership

Renee Shepard
President

CEO

Lori Halligan
Executive Director

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