Kentucky Local Issues Conference Inc

Analysis

Kentucky Local Issues Conference Inc is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kentucky Local Issues Conference Inc reported income of $222k and spending of $170k, leaving 23% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $86k to $222k (+158%), an average of +21% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 97% 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 Local Issues Conference Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within KY. Charities of a similar size with the same main cause include The Homewood Cemetery Historical Fund ($222k), Charles County Arts Alliance Inc ($222k) and Alleghany Jam ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.