Kentucky Society Of Architects
- Assets
- $361.9k
- Revenue
- $404.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Lexington, KY
- Founding
- 11/1966
- Data as of
- 12/2021
- EIN
- 61-6031835
Organization Overview
Kentucky Society Of Architects is located in Lexington, KY. The organization was established in 1966. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Kentucky Society Of Architects employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Society Of Architects 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 12/2021, Kentucky Society Of Architects generated $404.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $346.4k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO REPRESENT THE INTERESTS OF AND PROVIDE SERVICES TO OVER 500 KENTUCKY ARCHITECTSAND AFFILIATED DESIGN PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONVENTION-AN ANNUAL CONVENTION IS HELD TO HELP FURTHER THE SOCIETY'S STATED PURPOSE OF UNITING MEMBERS IN FELLOWSHIP AND PROMOTING AESTHETIC, SCIENTIFIC, & PRACTICAL EFFICIENCY.
MEETINGS, SEMINARS AND PROGRAMS ARE USED TO ADVANCE THE STANDARD OF ARCHITECTURAL EDUCATION, TRAINING, AND PRACTICE WHICH IS ONE OF THE PURPOSES OF THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Ives Executive Director | Officer | 40 | $83,580 |
D Robert Deal President-Elect | OfficerTrustee | 0.5 | $0 |
Edwin Krebs Immediate Past President | OfficerTrustee | 0.5 | $0 |
Daniel Ware President | OfficerTrustee | 0.5 | $0 |
Ben Barlage Secretary | OfficerTrustee | 0.5 | $0 |
Mark Trier Treasurer | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $193,242 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $194,242 |
| Total Program Service Revenue | $206,853 |
| Investment income | $80 |
| 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 | $404,134 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,250 |
| 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. | $83,580 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,622 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,258 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,990 |
| Fees for services: Lobbying | $30,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,725 |
| Information technology | $1,530 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $895 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $124,428 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,064 |
| All other expenses | $4,407 |
| Total functional expenses | $346,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $152,830 |
| Savings and temporary cash investments | $200,773 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,285 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $361,888 |
| Accounts payable and accrued expenses | $3,021 |
| Grants payable | $0 |
| Deferred revenue | $63,586 |
| 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 | $66,607 |
| Net assets without donor restrictions | $0 |
| 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 | $295,281 |
| Total liabilities and net assets/fund balances | $361,888 |
Grants Awarded
Over the last fiscal year, Kentucky Society Of Architects has awarded $5,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF KENTUCKY PURPOSE: FUND COLLEGE OF ARCHITECTURE SCHOLARSHIP FUND. | $5,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kentucky Society Of Architects has recieved totaling $17,000.
| Awarding Organization | Amount |
|---|---|
American Institute Of Architects Washington, DC PURPOSE: PROGRAM SUPPORT | $17,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
News Media Alliance Arlington, VA | $20,710,538 | $7,719,219 |
American Association Of Museums Arlington, VA | $11,405,115 | $9,674,597 |
Association For Print Technologies Inc Franklin, TN | $5,247,559 | $1,238,108 |
Educational Theatre Association Cincinnati, OH | $4,547,140 | $4,060,084 |
American Press Institute Inc Arlington, VA | $55,812,695 | $5,259,956 |
National Art Education Association Alexandria, VA | $5,332,373 | $7,206,215 |
Architectural Woodwork Institute Potomac Falls, VA | $9,021,141 | $4,703,574 |
Americas Public Television Stations Arlington, VA | $4,157,249 | $3,714,943 |
National Society Of Genetic Counselors Inc Chicago, IL | $6,031,708 | $4,172,256 |
Organization Of American Historians Bloomington, IN | $4,203,949 | $3,566,277 |
International Association Of Business Communicators Chicago, IL | $856,866 | $2,406,715 |
Fine Arts Association Willoughby Willoughby, OH | $5,808,862 | $1,634,832 |