South Glens Falls Police Chief Kevin Judd told the AP that authorities were informed of the incident after racy photos from a Nov. 3 party at the Spare Time bowling alley appeared on a social networking site.
At least one of the images shows a scantily clad, tattooed woman clinging upside down to a seated teen as others look on, according to the AP.
"Several kids at the party got lap dances," Judd told the newswire. "We have a lot of people to talk to."
While name of the boy and his parents haven't been released, Saratoga County District Attorney James Murphy told the AP on Thursday that investigators were trying to determine who hired the dancers and if the alley served alcohol to any of the partiers.
Reports indicate that 80 adults and teens were present at the party, where windows were masked off with brown paper, while the two dancers from a company, called "Tops In Bottoms," performed for the guests.
"Whether it got beyond that, we don't know," Murphy said. "We don't know about sex acts."
Murphy said in published reports that while the teens and dancers are not currently targets of the investigation, child endangerment is among the potential charges faced by any adults who organized the party. Also, the bowling alley's liquor license could be revoked if it knowingly allowed the exotic dancing or served alcohol to anyone under age, he said.
In addition to child endangerment, Murphy said there could be charges of unlawfully dealing with a child if kids were served alcohol and misdemeanor sexual abuse if it's learned either of the dancers was touched through their clothing.