Form 990 for tax year 2024

Totals

Total revenue

$1,157,126

Total expenses

$848,211

Contributions and grants received

$740,272

Grants paid

$0

Program service revenue

$275,500

Investment income

$99,684

Other revenue

$41,670

Total assets, end of year

$3,147,504

Total liabilities, end of year

$44,801

Net assets or fund balances, end of year

$3,102,703

Program services expenses (Part IX)

$556,787

Management and general expenses

$290,579

Fundraising expenses

$845

Program service expenses (Part III)

$556,787

Program services were 65.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2024

• THE CORE LEADERSHIP KENTUCKY PROGRAM BEGAN IN 1985 AND BRINGS TOGETHER A DIVERSE GROUP OF PEOPLE WHO POSSESS A BROAD VARIETY OF LEADERSHIP ABILITIES, CAREER ACCOMPLISHMENTS, AND VOLUNTEER ACTIVITIES TO GAIN INSIGHT INTO COMPLEX ISSUES FACING THE STATE. THROUGH A SERIES OF SEVEN MONTHLY, THREE DAY SESSIONS, HELD IN VARIOUS LOCATIONS IN THE STATE, OUR PARTICIPANTS ARE EDUCATED ABOUT THE COMMONWEALTH OF KENTUCKY AND ITS CHALLENGES. THEY MEET AND TALK WITH KENTUCKY'S CURRENT LEADERS, AND THROUGH A SYSTEMATIC EDUCATIONAL PROGRAM, EXPLORE THE STATE'S OPPORTUNITIES, NEEDS AND RESOURCES. KENTUCKY'S RICH CULTURAL HERITAGE AND ITS UNIQUE DIVERSITY ARE WOVEN THROUGHOUT THE CURRICULUM THAT FEATURES THE STATE'S ECONOMY, EDUCATION, HEALTH AND HUMAN SERVICES, LAW AND JUSTICE, MILITARY, NATURAL RESOURCES, ARTS, GOVERNMENT, AND TOURISM. IN ADDITION, LEADERSHIP KENTUCKY PROVIDES A THOUGHT-PROVOKING EXPERIENCE FOCUSING ON THE ATTRIBUTES OF LEADERSHIP AND WHAT IT MEANS TO BE A LEADER. BY VISITING VARIOUS REGIONS OF THE COMMONWEALTH, CLASS PARTICIPANTS DEVELOP AN ENHANCED VIEW AND A NEW MEANING TO THE WORD COMMUNITY THAT SPANS THE ENTIRE STATE.DURING 2022, LKY LED A CLASS OF 51 LEADERS FROM ACROSS THE STATE TO FULFILL ITS MISSION. LEADERSHIP KENTUCKY'S SELECTED PARTICIPANTS WERE REQUIRED TO PAY TUITION OF 3,500 FOR 2022. FOR THIS INVESTMENT, THE PARTICIPANT AND THEIR SPONSORING BUSINESS OR ORGANIZATION SEES A RETURN ON THAT INVESTMENT IN EXPERT SPEAKERS, BOOKS, PROGRAM CONTENT, MEALS, TRANSPORTATION AND VENUE ADMISSIONS. ADDITIONAL RETURN ON INVESTMENT IS SEEN THROUGH THE CLASS CONTENT AS THEY LEARN FIRSTHAND THE COMPLEX CRITICAL ISSUES FACING KENTUCKY AND ITS CITIZENS; THEIR BROADENED CIRCLE OF CONTACTS AND NEW ALLIANCES BUILT ACROSS THE STATE; THEY ARE EDUCATED, PREPARED AND INSPIRED TO RETURN TO THEIR RESPECTIVE COMMUNITIES AND ACHIEVE AN EVEN HIGHER LEVEL OF CIVIC PARTICIPATION IN A UNITED EFFORT TO MAKE KENTUCKY A BETTER PLACE FOR ALL ITS CITIZENS.

  Expenses $276,892 · Revenue $215,681

• ELEVATE KENTUCKY FEATURES APPROXIMATELY 25 MEMBERS (AGES 25 TO 35) EACH YEAR. ELEVATE KENTUCKY'S SELECTED PARTICIPANTS PAY TUITION OF 2,200. ELEVATE KENTUCKY OFFERS YOUNG PROFESSIONALS INDEPTH PERSONAL AND PROFESSIONAL DEVELOPMENT WHILE FOSTERING A BETTER UNDERSTANDING OF CHALLENGES FACING OUR COMMONWEALTH. ELEVATE PARTICIPANTS RETURN TO THEIR COMPANIES WITH INCREASED SKILLS, KNOWLEDGE, PERSPECTIVE, AND A NEW STATEWIDE PROFESSIONAL NETWORK. MILLENNIAL LEADERS ARE BETTER PREPARED TO BE CATALYSTS IN THEIR COMPANIES AND COMMUNITIES IN AN EFFORT TO ELEVATE KENTUCKY.

  Expenses $93,500 · Revenue $61,600

• BRIGHT KENTUCKY IS DESIGNED TO BUILD THE CAPACITY OF NEXT GENERATION LEADERS (AVERAGE AGE 21 TO 40 WITH APPROXIMATELY 42 PARTICIPANTS IN THE COHORT) IN THE APPALACHIAN REGION OF KENTUCKY TO INNOVATE, COLLABORATE, AND ADVANCE COMMUNITY AND ECONOMIC DEVELOPMENT. BRIGHT KENTUCKY ENGAGES BRIGHT, ENTREPRENEURIAL MINDS FROM ALL SECTORS AND EASTERN KENTUCKY REGIONS TO OFFER NONPARTISAN, ETHICAL LEADERSHIP TRAINING, EXPANDED NETWORKS, AND MENTORS DESIGNED ESPECIALLY FOR RESIDENTS OF THE 54 KENTUCKY COUNTIES OF THE APPALACHIAN REGIONAL COMMISSION (ARC). BRIGHT IS FUNDED THROUGH A GRANT FROM THE ARC AND PRIVATE CONTRIBUTIONS FROM WHITAKER BANK AND OTHERS.

  Expenses $186,395

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2024

Filed

10 September 2025

IRS schema version

2024v5.0

Source object

202513169349302416

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