Kentucky Historical Society Foundation Inc

Analysis

Kentucky Historical Society Foundation Inc is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in November 1991, 35 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kentucky Historical Society Foundation Inc reported income of $457k and spending of $543k, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $916k to $457k (-50%), an average of -16% a year. The sharpest change came in the year to June 2021, when income dropped by 41%. Over the whole period it spent 85% 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 Historical Society Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within KY. Charities of a similar size with the same main cause include Academy of Music of the Paderewski Symphony Orchestra ($457k), Polish American Foundation of Connecticut Inc ($457k) and Portland Experimental Theatre Ensemble ($457k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 2.3% of the total. Other salaries and wages came to $226k. At year end it held assets of $6.8m against liabilities of $983, net assets of $6.8m. It reported 2 employees.