Lex Center for Creative Reuse Inc
Nonprofit profile at a glance
- EIN
- 881914643
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2022
- Location
- Lexington, KY, USA
- Phone
- 8594926725
- Rating
- 53
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Arts Service Organizations and Activities
Reported finances
- Revenue
- $130,748
- Expenses
- $105,950
- Assets
- $188,220
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Stacey Stone (Executive Director)
People named in this filing
- Elise Mandel (Chairperson)
- Stacey Stone (Executive Director)
- Colleen Merrill (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Lex Center for Creative Reuse's primary service is to divert arts and craft supplies from being discarded into waste management and to support local arts and crafts enthusiasts, artists, and families by selling those supplies back at a deep discount for creative use. Our greatest expenses of 2025 were running and maintaining our secondhand arts and crafts shop through hourly staff wages, rent, transaction fees, and supplies.
What it reported doing in 2025
Art exhibitions, activities, and programs organized to benefit the local community that offer hands-on, educational, and creative experiences. These programs use donated and repurposed materials to reflect our mission and often raise funds and awareness for other local area non-profit organizations. We sponsor community crafting experiences in local area businesses, schools, and public spaces, provide educational enrichment for local environmental government and non-profit programs, and provide tours of the store to K-12 and college students. Staff, shoppers, and volunteers play a role in supporting these programs, creating a collaborative platform for our local arts and community ecosystem, investing directly back into the Bluegrass.
Operating model
- Revenue model
- Other-operating. 92% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 93% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 24
- Transparency & Controls: 82
- Sustainability: 71
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 22.1%; rating input score 22
- Program expense ratio: 26.9%; rating input score 27
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 19%; rating input score 70; 70th percentile among comparable filings
- Total-asset coverage ratio: 1.78; rating input score 76; 76th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 12% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 33.3% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 12.7% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 22.1% of revenue deployed · 26.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $28K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 22/100.
- High — Financial Efficiency: Program expense ratio scored 27/100.