Opera House Fund Inc

LEXINGTON, KY EIN: 51-0180177

Opera House Fund Inc is a private foundation based in Lexington, Kentucky. Established in 1983, the fund supports performing arts groups that use the Lexington Opera House.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$13.2M

+17.0% YoY

Annual Giving

$470K

-19.4% YoY

Grant Count

13

+8.3% YoY

Avg Grant Size

$36K

-25.6% YoY

Under IRS private-foundation payout rules, Opera House Fund Inc reported a distributable amount of $580K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The fund's primary purpose is to support performing arts organizations, with a specific focus on groups that utilize the Lexington Opera House. Their funding priorities include:

  • Arts, Culture & Humanities
  • Human Services
  • Community Improvement & Capacity Building

Grantmaking

The fund has demonstrated consistent support for local performing arts organizations:

Grant Range

$2,758–$244,000

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Geographic Focus

Where this funder awards grants

The fund primarily supports organizations in Kentucky, with particular emphasis on the Lexington area.

Grant Distribution by State

1states

States

Cities

GeorgetownLexington

Financial History

Multi-year comparison from IRS filings

Metric Amount
Total Assets $13,160,269
Total Annual Giving $469,548
Average Grant Amount $2,758–$244,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$230K$460K$690K$919K20202021202220232024
Metric202420232022
Total Assets$13,160,269$11,248,881$10,412,050
Revenue$446,168$575,009$775,195
Expenses$569,635$829,778$457,073
Qualifying Distributions$507,558$617,073$506,263
Net Investment Income$417,518$548,261$742,883
Distributable Amount$579,828$520,699$601,961

Giving Over Time

Total grant dollars and number of grants per year

$0$146K$291K$437K$582K9 grants20206 grants202112 grants202212 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UK OPERA THEATRE$90KTHE LEXINGTON THEATRE CO…$70KLEXINGTON CENTER CORPORA…$69KFRIENDS OF THE ARTS SCHO…$63KKENTUCKY BALLET THEATRE$60KLEXINGTON CHILDREN'S THE…$42KLEXINGTON BALLET COMPANY$23KBLUEGRASS YOUTH BALLET$17KLFUCG PARKS & RECREATION$14KLEXINGTON PHILHARMONIC$9K

Grant Size Distribution

52 grants across all recorded years

37<$50K11$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Uk Opera Theatre ($90,000), The Lexington Theatre Company ($70,000), Lexington Center Corporation ($68,728).

RecipientPurposeAmount
BLUEGRASS YOUTH BALLET LEXINGTON, KYTO SUPPORT PROGRAM SERVICES$17,239
CENTRAL KENTUCKY CONCERT BAND LEXINGTON, KYTO SUPPORT PROGRAM SERVICES$3,145
FRIENDS OF THE ARTS SCHOOL (SCAPA) LEXINGTON, KYTO SUPPORT PROGRAM SERVICES$63,470
KENTUCKY BALLET THEATRE LEXINGTON, KYTO SUPPORT PROGRAM SERVICES$60,000
LEXINGTON BALLET COMPANY LEXINGTON, KYTO SUPPORT PROGRAM SERVICES$22,913
LEXINGTON CENTER CORPORATION LEXINGTON, KYTO SUPPORT PROGRAM SERVICES$68,728
LEXINGTON CHILDREN'S THEATRE LEXINGTON, KYTO SUPPORT PROGRAM SERVICES$42,127
LFUCG PARKS & RECREATION LEXINGTON, KYTO SUPPORT PROGRAM SERVICES$13,720
THE KENTUCKIANS CHORUS LEXINGTON, KYTO SUPPORT PROGRAM SERVICES$3,714
THE LEXINGTON SINGERS LEXINGTON, KYTO SUPPORT PROGRAM SERVICES$5,901

Leadership & Key People

Leadership team and compensation from IRS filings

Doug Dean is listed as a contact for the organization.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
WILLIAM T YOUNG JRPRESIDENT & DIRECTOR1
LINDA CAREYVICE PRESIDENT & DIRECTOR0.2
DOUGLAS DEANSECRETARY/TREASURER & DIRECTOR1
W JAMES HOSTDIRECTOR0.2
CHRISTOPHER YOUNGDIRECTOR0.2
BURGESS CAREYDIRECTOR0.2

Contact Information

Address: 100 W Main St Ste 300, Lexington, KY 40507-1867

Phone: 859-255-2341

EIN: 51-0180177

Frequently Asked Questions

What does Opera House Fund Inc fund?

The fund's primary purpose is to support performing arts organizations, with a specific focus on groups that utilize the Lexington Opera House. Their funding priorities include: • Arts, Culture & Humanities • Human Services • Community Improvement & Capacity Building

How do I apply for a grant from Opera House Fund Inc?

**Financial Capacity:** • Total assets: $13,160,269 • Total annual giving: $469,548 • Typical grant range: $2,758–$244,000 **Recent Grant Activity:** The fund has demonstrated consistent support for local performing arts organizations: • Kentucky Ballet Theatre: $22,694 (2023) • Lexington Ballet Company: $22,913 (2024)

Where does Opera House Fund Inc make grants?

The fund primarily supports organizations in Kentucky, with particular emphasis on the Lexington area.

What size grants does Opera House Fund Inc award?

In 2024, Opera House Fund Inc awarded 13 grants totaling $470K — an average of about $36K per grant, based on its IRS Form 990 filings.

How much is Opera House Fund Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Opera House Fund Inc reported a distributable amount of $580K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Opera House Fund Inc's EIN?

Opera House Fund Inc's EIN (Employer Identification Number) is 51-0180177. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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