Shakertown at Pleasant Hill Kentucky Inc

Analysis

Shakertown at Pleasant Hill Kentucky Inc is a registered charity in United States, based in Harrodsburg, KY. It received its IRS tax-exemption ruling in November 1962, 64 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 March 2024, Shakertown at Pleasant Hill Kentucky Inc reported income of $7.6m and spending of $8.6m, spending 113% of what it took in. Across the 6 years on record, from December 2019 to March 2024, income grew from $7.5m to $7.6m (+1.6%), an average of +0.3% a year. The sharpest change came in the year to March 2021, when income rose by 329%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shakertown at Pleasant Hill Kentucky Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within KY. Charities of a similar size with the same main cause include Army Historical Foundation Inc ($7.6m), Sarasota Opera Association Inc ($7.6m) and Bay Area Discovery Museum ($7.6m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 28% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $859k (10.0% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $22.0m against liabilities of $767k, net assets of $21.2m. It reported 245 employees.