The Lexington Ballet Company is a 501(c)(3) registered non-profit since 1975.
The Kentucky Arts Council, the state arts agency, provides operating support to Lexington Ballet Company with state tax dollars and federal funding from the National Endowment for the Arts.
LexArts has provided funding support for the 2018-2019 Season through its Fund for the Arts.
Lexington Ballet Company is a recipient of a Google Ad Grants award. The Google Ad Grants program supports registered nonprofit organizations that share Google's philosophy of community service to help the world in areas such as science and technology, education, global public health, the environment, youth advocacy and the arts. Google Ad Grants is an in-kind advertising program that awards free online advertising to nonprofits via Google AdWords.