Kentucky College Of Art And Design Inc

Organization Overview

Kentucky College Of Art And Design Inc, operating under the name Fka Kentucky School Of Art, is located in Louisville, KY. The organization was established in 2011. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2023, Fka Kentucky School Of Art employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fka Kentucky School Of Art is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Fka Kentucky School Of Art generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $3.3m during the year ending 06/2023. While expenses have increased by 13.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE KENTUCKY COLLEGE OF ART AND DESIGN PROMOTES A CREATIVE AND PRODUCTIVE LIFE THROUGH AN UNDERGRADUATE EDUCATION IN THE CONTEMPORARY ARTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOUNDED IN 2009, KENTUCKY COLLEGE OF ART AND DESIGN IS PROUD OF ITS SUCCESS. CORE VALUES AND PRINCIPLES HAVE HELPED TO SHAPE THE INSTITUTION AND OUR WORK TOWARD A MISSION TO PROVIDE A TRANSFORMATIONAL EXPERIENCE FOR OUR STUDENTS. AS A BRAND-NEW INDEPENDENT COLLEGE LOOKING TO DEMONSTRATE THE VALUE OF THE ARTS TO SOCIETY, WE EMBRACE THE ABILITY OF THE ARTS TO REFLECT A GENERATION'S INTERESTS AND OPINIONS. THIS COLLEGE PLACES THE MEANING OF PRACTICE AND THE ARTIST'S VOICE BESIDE THE SKILLS AND THE TOOLS WITH WHICH WE SPEAK.FROM OUR HISTORIES TO NEW TECHNOLOGIES, FROM OUR CRAFTS AND MATERIAL PRACTICES TO A NEW DIGITAL WORLD OF THE VIRTUAL AND UNREAL, WE INVESTIGATE THE VERY ROOTS OF WHAT IT MEANS TO BE HUMAN IN A WIDE VARIETY OF WAYS. ARTISTS USE NOT ONLY INTUTION AND SPECULATION, BUT ALSO SPIRITUAL, EMOTIONAL, ANALYTICAL AND MATERIAL WAYS TO SEARCH FOR NEW KNOWLEDGE.IN NOVEMBER OF 2018, THE KENTUCKY COUNCIL ON POST SECONDARY EDUCATION GRANTED THE KENTUCKY COLLEGE OF ART AND DESIGN THE AUTORITY TO GRANT A BFA IN STUDIO ART.


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Board, Officers & Key Employees

Name (title)Compensation
Churchill G Davenport
Chancellor
$100,000
John Birnsteel
Chair
$0
Greg Pope
Vice Chair
$0
Todd Lowe
Secretary
$0
Philip Anderton
Treasurer
$0
Juliet Gray
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $190,000
All other contributions, gifts, grants, and similar amounts not included above$2,839,778
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,029,778
Total Program Service Revenue$476,250
Investment income $3,407
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $18,458
Net Gain/Loss on Asset Sales $108,975
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,638,168

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