Kentucky Author Forum Inc

Analysis

Kentucky Author Forum Inc is a registered charity in United States, based in Louisville, 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 June 2023, Kentucky Author Forum Inc reported income of $134k and spending of $260k, spending 193% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $105k to $134k (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2022, when income rose by 270%. Over the whole period it spent 79% 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 Author Forum Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within KY. Charities of a similar size with the same main cause include First Night Morris Inc ($134k), Essex Youth Theater Inc ($134k) and International Commission on Radi- Ation Units and Measurements Inc ($134k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $47k (18% of expenses). Other salaries and wages came to $69k. At year end it held assets of $734k against liabilities of $39k, net assets of $696k. It reported 2 employees.