Pyramid Society
- Assets
- $267.9k
- Revenue
- $22.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 03/1972
- Data as of
- 12/2022
- EIN
- 23-7167276
Organization Overview
Pyramid Society is located in Lexington, KY. The organization was established in 1972. According to its NTEE Classification (D03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pyramid Society is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Pyramid Society generated $22.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (52.3%) each year. All expenses for the organization totaled $22.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (52.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PURPOSE IS THE PRESERVATION, PERPETUATION, AND PROMOTION OF THE STRAIGHT EGYPTIAN HORSE AS THE PREMIER SOURCE OF CLASSIC ARABIAN TYPE IN THE WORLD. AS A LEADER OF AN INTERNATIONAL COMMUNITY OF BREEDERS AND OWNERS, THE PYRAMID SOCIETY STRIVES TO UNITE ITS MEMBERS IN THE BREEDING OF SUPERIOR QUALITY STRAIGHT EGYPTIAN HORSES AND TO ENCOURAGE THE USE OF THEIR BLOOD AS A SOURCE OF THE CLASSIC REFINEMENT NECESSARY FOR THE ARABIAN BREED AT LARGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIETY CONDUCTED THEIR EGYPTIAN BREEDERS CHALLENGE AUCTION FUTURITY CLASSES AT A SHARED FACILITY IN FLORIDA IN CONJUNCTION WITH THE REGION 12 CLASSIC EGYPTIAN CHAMPIONSHIPS. THIS HORSE SHOW PROMOTES THE EGYPTIAN ARABIAN HORSE, INCLUDED EDUCATION ABOUT THE EGYPTIAN ARABIAN HORSE AND COMPETITION FOR EGYPTIAN ARABIAN HORSES.
THE ORGANIZATION PRODUCES A STUDBOOK OF STRAIGHT EGYPTIAN ARABIAN HORSES WHICH IS THE OFFICIAL SOURCE OF WHAT IS A STRAIGHT EGYPTIAN ARABIAN HORSE WORLDWIDE. TO THAT END CERTIFICATION OF A HORSE AS STRAIGHT EGYPTIAN ARABIAN IS OFFERED BY THE SOCIETY. WE ALSO PUBLISH THE REFERENCE HANDBOOK OF STRAIGHT EGYPTIAN HORSES WHICH IS A DISTINCT HISTORICAL LANDMARK FOR STRAIGHT EGYPTIAN BREEDERS WORLDWIDE. WE ALSO PUBLISH THE STANDARD OF EXCELLENCE AND MANY OTHER PUBLICATIONS TO USE AS TOOLS FOR EDUCATION ABOUT THE STRAIGHT EGYPTIAN BREED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Rogers President | OfficerTrustee | 8 | $0 |
Cynthia Culbertson Vice President | OfficerTrustee | 4 | $0 |
Keri Wright Secretary | OfficerTrustee | 4 | $0 |
Omar Sakr Treasurer | OfficerTrustee | 4 | $0 |
Jaleen Hacklander Director | Trustee | 4 | $0 |
Mary Ellen Chavez Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $19,100 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,932 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,032 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,800 |
| Fees for services: Accounting | $3,172 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $455 |
| Office expenses | $0 |
| Information technology | $5,392 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,519 |
| All other expenses | -$47 |
| Total functional expenses | $22,547 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,648 |
| Savings and temporary cash investments | $1,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $29,179 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,100 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $86,028 |
| Investments—other securities | $0 |
| Investments—program-related | $73,918 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $267,873 |
| Accounts payable and accrued expenses | $6,187 |
| Grants payable | $0 |
| Deferred revenue | $178,650 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,361 |
| Total liabilities | $197,198 |
| Net assets without donor restrictions | $70,675 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $267,873 |