Kentucky Academy Of Science
- Assets
- $1.0m
- Revenue
- $74.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Louisville, KY
- Founding
- 02/1965
- Data as of
- 12/2021
- EIN
- 61-1135572
Organization Overview
Kentucky Academy Of Science is located in Louisville, KY. The organization was established in 1965. According to its NTEE Classification (U12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Academy Of Science 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 12/2021, Kentucky Academy Of Science generated $74.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $85.0k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER SCIENTIFIC DISCOVERY & UNDERSTANDING IN KENTUCKY
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTERED SCIENTIFIC DISCOVERY IN THE STATE OF KENTUCKY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Fuller Executive Director | Trustee | 0 | $29,940 |
Melony Stambaugh Program Coordinator And Ja Di | Trustee | 0 | $1,000 |
Trenede Garrison President | OfficerTrustee | 0 | $0 |
Rajiv Singh Secretary | OfficerTrustee | 0 | $0 |
Frank Ettensohn Past President And Journal Ed | OfficerTrustee | 0 | $0 |
Julie Ann Reizner Vice-President | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $365 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,235 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,600 |
| Total Program Service Revenue | $34,473 |
| Investment income | $32,309 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $74,382 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $27,767 |
| 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. | $29,940 |
| 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 | $2,291 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,750 |
| Office expenses | $725 |
| Information technology | $0 |
| 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 | $5,987 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,234 |
| All other expenses | $1,815 |
| Total functional expenses | $84,954 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,891 |
| Savings and temporary cash investments | $2,132 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $895,938 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,022,961 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,022,961 |
| 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 | $1,022,961 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society For Laboratory Automation And Screening Oak Brook, IL | $10,304,177 | $6,101,730 |
The Foundation Of The Virginia Air And Space Center And The Hampton Hampton, VA | $546,737 | $591,543 |
Kentucky Academy Of Science Louisville, KY | $1,022,961 | $74,382 |
Biotechnology And Life Science Advising Group Saint Louis, MO | $121,711 | $0 |
Wwbbc Alexandria, VA | $15,312 | $0 |
Maharishi Vedic Science And Technology Foundation St Louis, MO | $543,438 | $262,721 |
Amir D Aczel Foundation For Education And Research In Science Arlington Heights, IL | $11,139 | $0 |
Boyalife Foundation Chicago, IL | $0 | $0 |
D&m Foundation Great Falls, VA | $16 | $0 |