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Commonwealth Fund for Ket, Inc. Organization Name provided in the GuideStar Exchange* as of 04/21/2014: Commonwealth Fund for Ket, Inc.

Organization Name as listed in the IRS Business Master File as of 07/14/2014: COMMONWEALTH FUND FOR KET INC

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Lexington, KY
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GuideStar Summary

&1002;                GuideStar Exchange Committed to transparency ?
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&1002; Registered with IRS Legitimacy information is available
&1002; Financial Data Annual Revenue and Expense data reported
&1002; Forms 990 2013, 2012, and 2011 Forms 990 filed with the IRS
&1002; Mission Objectives Mission Statement is available
&1002; Impact Summary Impact Summary from the nonprofit is available
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Basic Organization Information

Commonwealth Fund for Ket, Inc. Organization Name provided in the GuideStar Exchange* as of 04/21/2014: Commonwealth Fund for Ket, Inc.

Organization Name as listed in the IRS Business Master File as of 07/14/2014: COMMONWEALTH FUND FOR KET INC

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
Physical Address: Lexington, KY 40502 
EIN: 61-1285473
Web URL: www.ket.org 
NTEE Category: B Educational Institutions
B90 Educational Services and Schools - Other
Ruling Year: 1995 


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Mission Statement

To make Kentucky a better place and strengthen its communities by educating, inspiring, informing and connecting its citizens through communications technologies and the power of public media.

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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Annual Revenue & Expenses (GuideStar Exchange,
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April 2014)

Fiscal Year Starting: July 01, 2011
Fiscal Year Ending: June 30, 2012

Total Revenue --
Total Expenses --

Revenue & Expenses

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Balance Sheet (IRS Form 990)

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Forms 990 Received from the 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 website is an ongoing process.

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Forms 990 Provided by the Nonprofit

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Financial Statements

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Annual Reports

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Leadership (GuideStar Exchange,
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April 2014)

Mrs. Michele Ripley

Term:

Since Nov 2001

Profile:

Michele Ripley is president of the Commonwealth Fund for Kentucky Educational Television. For an unprecedented five consecutive years, PBS recognized KET with an Overall Development Award, the industry's highest fund-raising honor. Michele served as the 2007 national chair of PBS' Development Advisory Committee and also was named to the PBS Foundation's Station Advisory Council. Previously, for 13 years, Michele served the University of Kentucky, both as institutional National Marketing Director and as the Director of Development and Public Relations for the UK College of Fine Arts. Michele is a native of Lexington, a graduate of UK, and in 2007 became the youngest inductee into the Lafayette High School Hall of Fame. She is a member of the 2002 class ofLeadership Kentucky, was president of the Council for the Advancement and Support of Education-Kentucky, presently serves on the United Way of the Bluegrass Board of Directors, and is active with the Kentucky Chamber of Commerce.

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April 2014)

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Board of Directors (GuideStar Exchange,
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April 2014)

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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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People information was last updated by the nonprofit in April 2014

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Programs

Program: Annual Costs to Fund Local and National Broadcasts (GuideStar Exchange,
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April 2014)

Budget:
$1,900,000
Category:
Population Served:

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 other 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 (GuideStar Exchange,
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April 2014)

Budget:
$2,000,000
Category:
Population Served:
Adults

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 collectively so that the overall well-being of our community and state improves. Last year, KET education consultants offered 551 workshops and consultations to over 9,150 teachers and over 1,720 students statewide, including 422 pre-service students. The consultants visited 1,041 schools and sent out over 286,600 electronic communications to K-12 library media specialists, district technology coordinators, classroom teachers, and other educators about KET resources and services. KET's main goals are to:1. Support student achievement. Provide standards-based instructional resources and services for teachers, students, adult learners, and the education community. KET will contribute to the professional growth of educators and the development of an educated workforce. 2. Serve the audience. Produce, acquire, and distribute high-quality, innovative educational, local, and national content on multiple platforms. KET will be responsive to the needs and expectations of our viewers, users, and supporters.
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Affiliations & Memberships

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