Grand Lodge Of Kentucky Free And Accepted Masons is located in Louisville, KY. The organization was established in 1945. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 07/2022, Grand Lodge Of Kentucky Free And Accepted Masons employed 5 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Grand Lodge Of Kentucky Free And Accepted Masons is a 501(c)(10) and as such, is described as a "Domestic Fraternal Society and/or Association" by the IRS.
For the year ending 07/2022, Grand Lodge Of Kentucky Free And Accepted Masons generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $1.3m during the year ending 07/2022. While expenses have increased by 2.6% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT KENTUCKY MASON ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIFTS, AWARDS AND MEETINGS PROVIDED AND HELD FOR MASON RELATED RELIGIOUS ACTIVITIES.
CONFERENCES ON MASON RELATED ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donald H Yankey Grand Secretary | Trustee | 60 | $45,000 |
F Keith Dreier Grand Treasurer | Trustee | 35 | $15,000 |
James H Gibson Grand Master | Trustee | 75 | $0 |
E Darren Wilson Deputy Grand Master | Trustee | 60 | $0 |
Mitchell A May Grand Junior Warden | Trustee | 50 | $0 |
Richard Short Grand Senior Warden | Trustee | 55 | $0 |
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 | $826,442 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $826,442 |
Total Program Service Revenue | $692,811 |
Investment income | $297,128 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $20,976 |
Net Gain/Loss on Asset Sales | $228,204 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,084,454 |
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. | $60,000 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $155,515 |
Pension plan accruals and contributions | $4,480 |
Other employee benefits | $2,794 |
Payroll taxes | $19,030 |
Fees for services: Management | $0 |
Fees for services: Legal | $165 |
Fees for services: Accounting | $16,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $77,295 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $54,489 |
Information technology | $20,724 |
Royalties | $0 |
Occupancy | $52,474 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $48,786 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $95,937 |
Insurance | $83,991 |
All other expenses | $0 |
Total functional expenses | $1,349,150 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,290,400 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $365,454 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $107,640 |
Net Land, buildings, and equipment | $2,348,402 |
Investments—publicly traded securities | $9,461,932 |
Investments—other securities | $640,698 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $14,214,526 |
Accounts payable and accrued expenses | $76,109 |
Grants payable | $0 |
Deferred revenue | $590,587 |
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 | $0 |
Total liabilities | $666,696 |
Net assets without donor restrictions | $12,447,833 |
Net assets with donor restrictions | $1,099,997 |
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 | $14,214,526 |
Beg. Balance | $633,694 |
Ending Balance | $633,694 |
Organization Name | Assets | Revenue |
---|---|---|
Vse Employee Health And Welfare Plan Alexandria, VA | $9,818,084 | $7,613,763 |
Grand Aerie Fraternal Order Of Eagles Grove City, OH | $41,566,399 | $12,755,183 |
Masonic Temple Association Of Lexington Lexington, KY | $2,312,779 | $4,567,232 |
National Concrete Masonry Associati Herndon, VA | $4,777,436 | $4,242,642 |
Ancient Egyptian Arabic Order Nobles Mystic Shrine Of N & S Amer Memphis, TN | $1,027,204 | $3,005,929 |
Free & Accepted Masons Of Ohio Springfield, OH | $23,959,106 | $2,757,373 |
Fraternal Order Of Police Columbus, OH | $4,482,758 | $2,152,548 |
Fraternal Order Of Eagles Winchester, VA | $3,748,550 | $2,415,812 |
Free & Accepted Masons Of Indiana Grand Lodge Indianapolis, IN | $7,665,885 | $1,746,893 |
Cement Masons Union Local 502 Bellwood, IL | $5,592,498 | $2,020,391 |
Ancient Free & Accepted Masons Of Illinois Springfield, IL | $22,709,739 | $1,560,369 |
Grand Lodge Of Kentucky Free And Accepted Masons Louisville, KY | $14,214,526 | $2,084,454 |