Kentucky Mining Institute
- Assets
- $42.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 05/1970
- Data as of
- 12/2020
- EIN
- 61-6027554
Organization Overview
Kentucky Mining Institute is located in Lexington, KY. The organization was established in 1970. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Mining Institute is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2020, Kentucky Mining Institute generated $2.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (46.8%) each year. All expenses for the organization totaled $39.9k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
PROMOTE MINE SAFETY & EDUCATION THROUGH MEETINGS/MINE SAFETY CONTESTS AND PUBLICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Freddie Lewis President | 0 | $0 | |
Cathy Frazier Secretary | 0 | $0 | |
Ted Beck III Director | 0 | $0 | |
Buddy Howard Director | 0 | $0 | |
Ronnie Biggerstaff Director | 0 | $0 | |
Paris Charles Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,475 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,186 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $39,880 |
| Total expenses | $39,880 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,484 |
| Other assets | $0 |
| Total assets | $42,484 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,484 |
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