Lexington Cemetery Company

Organization Overview

Lexington Cemetery Company is located in Lexington, KY. The organization was established in 1950. According to its NTEE Classification (Y50) the organization is classified as: Cemeteries, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Lexington Cemetery Company employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lexington Cemetery Company is a 501(c)(13) and as such, is described as a "Cemetery Company" by the IRS.

For the year ending 12/2021, Lexington Cemetery Company generated $9.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $4.2m during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO HONOR, CELEBRATE, AND MAINTAIN IN PERPETUITY THE BEAUTY AND DIGNITY OF OUR CEMETERY FOR PAST, PRESENT, AND FUTURE GENERATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SALES OF LOTS, NICHES, CRYPTS, AND SCATTERING


INTERNMENTS


CREMATION


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Board, Officers & Key Employees

Name (title)Compensation
Miles T Penn
Chief Operating Officer
$145,580
Kathleen Spears
Chief Financial Officer
$122,404
Michael L Ades
Chairman
$0
Robert Aa Brewer
Treasurer
$0
Melinda Karns Lindy
Secretary
$0
Douglas Alexander
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$28,100
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$28,100
Total Program Service Revenue$2,969,829
Investment income $2,297,002
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,685,393
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,017,874

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Lexington Cemetery Company has recieved totaling $274.

Awarding OrganizationAmount
Ross H Kendall Donation Tw 21445 Ne Ct

Chicago, IL

PURPOSE: GENERAL

$274
View Grant Recipient Profile

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