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Dry Stone Conservancy Inc

RegisteredEIN 61-1298938Lexington, KYArts, culture, heritage and science
Income$347k2023-12
Spending$191ksame year
Spent / received107%5-year average
Size in its cause71st pctArts, culture, heritage and science
Exempt since1996Publicly supported organisat
Employees7latest return

Analysis

Dry Stone Conservancy Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in July 1996, 30 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 December 2023, Dry Stone Conservancy Inc reported income of $347k and spending of $191k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $201k to $347k (+73%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dry Stone Conservancy Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within KY. Charities of a similar size with the same main cause include Newburyport Maritime Society Inc ($347k), Space One Eleven Inc ($347k) and Pioneer Arizona Foundation ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $70k (37% of expenses). Other salaries and wages came to $8,767. At year end it held assets of $247k against liabilities of $1,466, net assets of $246k. It reported 7 employees.

Income and spending

$0$87k$174k$260k$347k2019 Income: $200,8402019 Spending: $340,35820192020 Income: $140,0022020 Spending: $211,53820202021 Income: $246,1502021 Spending: $242,77120212022 Income: $185,4022022 Spending: $207,73420222023 Income: $347,1062023 Spending: $190,5602023
IncomeSpending

Where the income comes from

  • Contributions & grants 8.1%
  • Program services 91%
  • Other 1.3%

Similar-sized charities, same cause

CharityLocationIncome
Newburyport Maritime Society IncNewburyport$347k
Space One Eleven IncBirmingham$347k
Pioneer Arizona FoundationPhoenix$347k
Ballet Etudes of South Florida IncHialeah$347k