SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
The Lexington School
Lexington, KY · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
The Lexington School looks durable. The school holds 3.4 years of operating cushion: deep institutional balance. Revenue runs 65% tuition-dependent (peer median 80%), diversified by day-school standards, with meaningful contribution and investment income. Staff compensation runs 58% of expenses, about par for the peer cohort. NACUBO Composite Financial Index: 8.9 / 10, strong.
The Lexington School holds 3.4 years of operating expense in net assets — a deeper reserve position than most independent day schools carry. Less exposed than peers to a one-year admissions shock.
The Lexington School reported $25.4M in revenue against $20.9M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $72.0M — about 3.44x annual operating expense.
Operating margin landed at 17.6%, with 65.2% of revenue coming from tuition. Among same-size peers, that puts The Lexington School at the p83 on operating margin.
$25.4M
REVENUE FY2023
17.6%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on The Lexington School: financial health, peer comparison, community demographics, paying & giving capacity, competitive position, enrollment demand, leadership compensation, governance — and the questions to ask. One subscription opens every school.
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WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, The Lexington School ranks 16th by latest 990 revenue.
Revenue scale
WHAT’S IN THE REPORT
- Financials — IRS Form 990, up to nine years on file.
- Enrollment & demand — IRS 990 tuition revenue + U.S. Census county births.
- Competition — NCES private (PSS) + public (CCD) school inventory.
- Demographics — U.S. Census Bureau, ACS 5-year estimates.
- Local economy — U.S. Bureau of Labor Statistics, QCEW and CES.
- Peer set — 1,620 independent schools with verified financials.
The full school report
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