Totals
- Total revenue
- $15,720,835
- Total expenses
- $7,140,980
- Contributions and grants received
- $10,464,323
- Grants paid
- $0
- Program service revenue
- $4,398,483
- Investment income
- $865,062
- Other revenue
- -$7,033
- Total assets, end of year
- $18,760,271
- Total liabilities, end of year
- $2,735,093
- Net assets or fund balances, end of year
- $16,025,178
- Program services expenses (Part IX)
- $4,451,695
- Management and general expenses
- $2,270,022
- Fundraising expenses
- $419,263
- Program service expenses (Part III)
- $4,451,695
Program services were 62.3% 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.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$1,496,156
-
1e · Government grants (contributions)
$8,500,000
-
1f · All other contributions, gifts and grants
$468,167
-
1g · Noncash contributions included above
$441
-
2a · Program service revenue: TICKETS & SUBSCRIPTIONS
total $3,038,500 · related or exempt $3,038,500
-
2b · Program service revenue: RENTAL INCOME
total $769,962 · related or exempt $769,962
-
2c · Program service revenue: CONCESSIONS INCOME
total $437,249 · related or exempt $437,249
-
2d · Program service revenue: EDUCATION & GALLERY
total $145,420 · related or exempt $145,420
-
2e · Program service revenue: OTHER INCOME
total $7,352 · related or exempt $7,352
-
3 · Investment income
total $852,644 · related or exempt $852,644
-
7a · Gross sales of assets other than inventory
other assets $25,784
-
7b · Less cost or other basis and sales expenses
other assets $13,366
-
7c · Gain or loss
other assets $12,418
-
7d · Net gain or loss
total $12,418 · related or exempt $12,418
-
8a · Fundraising events: gross income
$1,950
-
8a · Fundraising events: contributions included on line 1c
$1,496,156
-
8b · Fundraising events: direct expenses
$8,983
-
8c · Net income from fundraising events
total -$7,033
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $2,007,236 · program services $989,360 · management and general $757,501 · fundraising $260,375
-
9 · Other employee benefits
total $356,428 · program services $132,238 · management and general $163,317 · fundraising $60,873
-
11c · Fees: accounting
total $75,249 · management and general $75,249
-
12 · Advertising and promotion
total $417,936 · program services $417,936
-
13 · Office expenses
total $91,414 · management and general $91,414
-
14 · Information technology
total $16,800 · management and general $16,800
-
17 · Travel
total $8,625 · management and general $8,625
-
22 · Depreciation, depletion and amortization
total $351,920 · program services $351,920
-
23 · Insurance
total $55,075 · program services $1,570 · management and general $53,505
-
24a · Other expenses: PROG- OTHER EXP- PRODUCTI
total $2,094,932 · program services $2,094,932
-
24b · Other expenses: REPAIR & MAINTENANCE
total $1,073,834 · program services $23,550 · management and general $1,050,284
-
24c · Other expenses: PROG- OTHER EXP- TICKET
total $175,888 · program services $175,888
-
24d · Other expenses: PROG- OTHER EXP- CONCESSI
total $125,680 · program services $125,680
-
24e · All other expenses
total $289,963 · program services $138,621 · management and general $53,327 · fundraising $98,015
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,270,801 · end of year $8,914,577
-
2 · Savings and temporary cash investments
beginning of year $1,108,459 · end of year $1,164,118
-
3 · Pledges and grants receivable
beginning of year $969,958 · end of year $966,896
-
4 · Accounts receivable
beginning of year $462,641 · end of year $536,288
-
8 · Inventories for sale or use
beginning of year $29,078 · end of year $31,709
-
9 · Prepaid expenses and deferred charges
beginning of year $189,460 · end of year $163,762
-
10a · Land, buildings and equipment: cost or other basis
$3,783,554
-
10b · Land, buildings and equipment: accumulated depreciation
$925,839
-
10c · Land, buildings and equipment, net
beginning of year $2,177,678 · end of year $2,857,715
-
11 · Investments: publicly traded securities
beginning of year $2,913,134 · end of year $35,123
-
15 · Other assets
beginning of year $909,382 · end of year $4,090,083
-
17 · Accounts payable and accrued expenses
beginning of year $205,265 · end of year $851,571
-
19 · Deferred revenue
beginning of year $2,000,109 · end of year $1,564,021
-
25 · Other liabilities
beginning of year $373,094 · end of year $319,501
-
27 · Net assets without donor restrictions
beginning of year $7,452,123 · end of year $8,485,377
-
28 · Net assets with donor restrictions
end of year $7,539,801
Mission and programs · 2024
Mission
THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROMOTE, SPONSOR, CULTIVATE, AND DEVELOP AN APPRECIATION AND UNDERSTANDING OF THE PERFORMING AND VISUAL ARTS IN THE SOUTH CENTRAL KENTUCKY REGION.
-
THE ORGANIZATION SERVES AS THE SOLE AND EXCLUSIVE AGENT OF SKYPAC IN MANAGING AND OPERATING THE PERFORMANCE CENTER, PROVIDING CULTURAL ENRICHMENT, ENTERTAINMENT, AND EDUCATIONAL EVENTS FOR THE COMMUNITY.
Expenses $4,451,695 · Revenue $4,398,483
-
THE ORGANIZATION SERVES AS THE SOLE AND EXCLUSIVE AGENT OF SKYPAC IN MANAGING AND OPERATING THE PERFORMANCE CENTER, PROVIDING CULTURAL ENRICHMENT, ENTERTAINMENT, AND EDUCATIONAL EVENTS FOR THE COMMUNITY.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jeffrey ReedJEFFREY REED
PRESIDENT &
- Total calculated
- $182,962
- From this org
- $182,962
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $167,425
- Bonus
- $15,537
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $182,962
-
Elizabeth SiglerELIZABETH SIGLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joe L DavisJOE L DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rita ScottRITA SCOTT
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Jessica CarverJESSICA CARVER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David CiochettyDAVID CIOCHETTY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
D C ClementD C CLEMENT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Sharon MutterDR SHARON MUTTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gaines PennGAINES PENN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Gary RansdellDR GARY RANSDELL
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Mike BuchanonMIKE BUCHANON
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Deborah Renshaw ParkerDEBORAH RENSHAW PARKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert RamseyROBERT RAMSEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tiffany SomervilleTIFFANY SOMERVILLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Amy Hale ChandlerAMY HALE CHANDLER
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 1
-
Alex DowningALEX DOWNING
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Craig BrowningCRAIG BROWNING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael E D'EramoMICHAEL E D'ERAMO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bart FlenerBART FLENER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David GreerDAVID GREER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dana HensonDANA HENSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Amber MartinAMBER MARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Hon Jody RichardsHON JODY RICHARDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gayla WarnerGAYLA WARNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sen Mike WilsonSEN MIKE WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ashlee QuinnASHLEE QUINN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert HankinsROBERT HANKINS
DEVELOPMENT
- Total calculated
- $104,981
- From this org
- $104,981
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Denise LubeyDENISE LUBEY
DEVELOPMENT
- Total calculated
- $108,027
- From this org
- $108,027
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
- 9 February 2026
- IRS schema version
- 2024v5.0
- Source object
- 202630439349301118
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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