National Society of Colonial Dames of America in Commonwealth of Ky

Analysis

National Society of Colonial Dames of America in Commonwealth of Ky is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in October 1975, 51 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, National Society of Colonial Dames of America in Commonwealth of Ky reported income of $427k and spending of $395k, spending 92% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $422k to $427k (+1.2%), an average of +0.2% a year. The sharpest change came in the year to March 2020, when income rose by 179%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Society of Colonial Dames of America in Commonwealth of Ky sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within KY. Charities of a similar size with the same main cause include Arts Alive Inc ($427k), Remnant Trust Inc ($427k) and Pro-Art Association a Chapter of the Virginia Museum of Fine Arts ($427k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 30% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $63k (16% of expenses). Other salaries and wages came to $119k. At year end it held assets of $5.7m against liabilities of $50k, net assets of $5.7m. It reported 15 employees.