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Commonwealth Fund for Ket, Inc.

AKA KET

Lexington, KY

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Commonwealth Fund for Ket, Inc.

Also Known As:
KET
Physical Address:
Lexington, KY 40502 
EIN:
61-1285473
Web URL:
www.ket.org
Leadership:
Mrs. Michele Ripley
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Legitimacy Information

  • This organization is registered with the IRS.
  • This organization is required to file an IRS Form 990 or 990-EZ.

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Forms 990 from IRS Additional Information IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar Web site is an ongoing process.

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A multi-year analysis of key balance sheet, income statement, profitability and liquidity measures is available for this organization. Financial SCAN includes a detailed financial health analysis and peer comparison and benchmarking tool. Learn More

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Annual Revenue & Expenses Additional Information Financial information on GuideStar is either digitized from Form 990 images we receive from the IRS or submitted by the nonprofits themselves through the GuideStar Exchange (990 filers cannot override Form 990 financial data). If your organization does not file a Form 990, 990-EZ, or 990-PF and you would like to have your financial data displayed in this section, join the GuideStar Exchange today!

Fiscal Year Starting: July 1, 2010
Fiscal Year Ending: June 30, 2011
Revenue
Total Revenue $4,183,879
Expenses
Total Expenses $3,781,503

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Financial data from Forms 990 for Year 2012, 2011, 2010, 2009, 2008 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

A multi-year analysis of key balance sheet, income statement, profitability and liquidity measures is available for this organization. Financial SCAN includes a detailed financial health analysis and peer comparison and benchmarking tool. Learn More

Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.



GuideStar Exchange Member

This organization is a Silver-level GuideStar Exchange participant, demonstrating its commitment to transparency.

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Basic Organization Information

Commonwealth Fund for Ket, Inc.

Also Known As:
KET
Physical Address:
Lexington, KY 40502 
EIN:
61-1285473
Web URL:
www.ket.org 
NTEE Category:
B Educational Institutions 
B90 Educational Services and Schools - Other 
B Educational Institutions 
B12 Fund Raising and/or Fund Distribution 
B Educational Institutions 
B90 Educational Services and Schools - Other 
Ruling Year:
1995 
How This Organization Is Funded:
Individual donors giving $1 - $499 - $2,300,000
Corporate donors - $470,000
Individuals giving $500 - 25000 - $522,000

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Mission Statement

To make Kentucky a better place and strengthen its communities by educating, inspiring, and connecting its citizens through communications technologies.

A multi-year analysis of key balance sheet, income statement, profitability and liquidity measures is available for this organization. Financial SCAN includes a detailed financial health analysis and peer comparison and benchmarking tool. Learn More

Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.

Financial Data

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Revenue and Expenses

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Revenue and Expense data from Forms 990 for 2012, 2011, 2010, 2009, 2008 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart


Balance Sheet

Balance Sheet data from Forms 990 for Year 2012, 2011, 2010, 2009, 2008 are included in the GuideStar Premium Report. Upgrade Now Report Added To Cart

A multi-year analysis of key balance sheet, income statement, profitability and liquidity measures is available for this organization. Financial SCAN includes a detailed financial health analysis and peer comparison and benchmarking tool. Learn More

Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Forms 990 Provided by the Nonprofit

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Financial Statements

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Annual Reports

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Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

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Program: Annual Costs to Fund Local and Ntl Broadcasting

Budget:
$1,700,000
Category:
Education
Population Served:
General Public/Unspecified

Program Description:

KET provides 3 channels digitally in High Definition 24 hours a day, 7 days a week.  These programs including national favorites such as Sesame Street, NewsHour, and Nova.  KET also produces more local programming than all Kentucky commercial stations combined.  All programs are available for sponsorship.

Program Long-Term Success:

KET has been on-air for 40 years.  We have garnered awards for our educational content.

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

Program: Kentucky Production Endowment

Budget:
$2,000,000
Category:
Education
Population Served:
General Public/Unspecified
Adults
Poor/Economically Disadvantaged, Indigent, General

Program Description:

KET enjoys a stellar reputation nationally for excellence across the Public Broadcasting System. It is widely understood throughout the industry that KET is a flagship, a celebrated leader. And among its accolades, KET’s commitment to local productions is unmatched since KET produces more local productions than any other PBS station.   To ensure a stable funding source that guarantees in perpetuity local production capacity and ensures access to a lifelong learning gift for all our citizens and students, we have established the Kentucky Productions Endowment.    KET’s local productions celebrate, preserve, and share stories about the people, places, and heritage of Kentucky. These stories remind all Kentuckians of what makes this Commonwealth richly distinctive.    May these stories inspire ideas, make connections, and help the youth to carry on the legacy to preserve a very special place in this world.

Program Long-Term Success:

KET has had a vision to improve the quality of life of Kentuckians, individually and collectively. KET has honored that mission and vision in every sense.    As the only state-wide media source, KET is a unique, transformational force harnessing the power of television to nurture the human mind, cultivate strong families, and build robust communities. KET brings the world to the Commonwealth airing the finest of national PBS productions such as Masterpiece Theatre, Nova and NewsHour. Using production studios in Louisville and Lexington, KET chronicles Kentucky’s heritage and culture in the finest feature and documentary programs. Such video is made available for researching, teaching, and private edification.   Partnering with 1,700 public schools and more than 160 local and statewide social, educational, governmental, and civic organizations, KET manages direct educational services targeting underserved populations’ needs. KET is the nation’s premier producer of adult learning programs such as GED Connections. The latest revolution in teaching and learning is KET’s EncycloMedia, an online tool that gives teachers the resources to inspire future generations.    KET’s broadcasting and services overcome barriers – geographic and circumstantial – to nurture the human mind and spirit so that a person may achieve his/her potential.

Program Short-Term Success:

Kentucky productions include educational, biographical, cultural, business, and public affairs programs that document the people, places, issues, and heritage of the Commonwealth. Presently, 7,500 hours of original programs which are available nowhere else document 38 years of Kentucky heritage. These productions are designed to be used on-air, in the classroom, on-line, and for research.   The foundation of the public’s trust and confidence in KET rests with our quality, integrity, and programming independence throughout years of differing political, social and economic circumstances. This independence is made possible by 29,000 annual donors, corporations and foundations that comprise the largest source of annual private support for KET and the volunteer spirit of over 1,000 individuals.   A more predictable and stable funding source, insulated from fluctuating economies, will secure KET’s ability to provide the programs Kentuckians not only need, but have come to expect. A program endowment will guarantee in perpetuity a reliable recording of the life and times of the Commonwealth—a lifelong-learning gift for students, teachers, citizens and future generations and an ongoing and more comprehensive Kentucky archive for learners, researchers and viewers.   This $2 million endowment for local productions will allow us to achieve certain production targets, such as:   Annual biographies of important Kentucky figures A salute to Kentucky’s Veterans of World War II A documentary History of the Horse and the Thoroughbred industry Increased capacity to launch new educational series

Program Success Monitored by:

Program Success Examples:

This endowment will be producing nationally recognized, locally produced Kentucky stories.  KET will be releasing "Thoroughbred" in HD March 2009 to Kentucky and April 2009 nationally through PBS.


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Impact Summary from the Nonprofit

KET strives to impact learners of all ages using television multimedia to eliminate barriers thus improving lives individually and collectives so that the overall well-being of our community and state improves.

Organization Data Available

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