Kentucky Dataseam Initiative Inc

Analysis

Kentucky Dataseam Initiative Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kentucky Dataseam Initiative Inc reported income of $3.8m and spending of $2.5m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $3.8m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2022, when income rose by 150%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kentucky Dataseam Initiative Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within KY. Charities of a similar size with the same main cause include The John G Shedd Institute for the Arts ($3.8m), Dr Pepper Museum and Free Enterprise Institute ($3.8m) and Cityside Journalism Initiative ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $240k (9.6% of expenses). Other salaries and wages came to $156k. At year end it held assets of $2.8m against liabilities of $1,334, net assets of $2.8m. It reported 4 employees.