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Commonwealth Fund for Ket
Commonwealth Fund for Ket reported $11.0 million in revenue and $8.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $65.99 went to program services, $23.23 to management and general costs and $10.78 to fundraising. Its largest source of revenue was contributions and grants: 72.1% of the total. The highest compensation it reported for one person was $472,086 (EXEC DIRECTOR/CEO). Revenue rose 53% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $8.2MFor context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 66.0% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 23.2% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 10.8% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.11 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 72.1% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $472,086 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 5.76% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 0 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 72.5 | 36.6 |
| Independent voting board members Part VI 1a–1b | 16 of 17 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe organization's purpose is to support the mission of the authority for kentucky educational television, the governing body of kentucky educational television (ket). As one of the nation's largest public television networks, ket is used by more than 2 million people each week and its educational resources are utilized in every kentucky school district as well as classrooms across the nation. Accessible through broadcast, mobile and connected devices, ket's content includes originally produced kentucky history, culture and public affairs programs in addition to the national pbs lineup.…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXEC DIRECTOR/CEO Director/trustee, 1.00 hrs/week | $0 | $338,509 | $133,577 | $472,086 |
| PRESIDENT Officer, 37.50 hrs/week | $0 | $146,497 | $35,331 | $181,828 |
| DIRECTOR (AUTHORITY) Director/trustee, 1.00 hrs/week | $0 | $650 | $0 | $650 |
0 people received more than $100,000 in reportable compensation from Commonwealth Fund for Ket (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b17 · 16 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 6403
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SOUTHEAST PRINTING & MAILING SERVICE Direct marketing services | $208,035 |
| ALLEGIANCE FUNDRAISING LLC Database provider | $170,614 |
Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
18 private foundations reported grants to Commonwealth Fund for Ket totaling $94,885 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Commonwealth Fund for Ket's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Commonwealth Fund for Ket, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Commonwealth Fund for Ket spent in FY2025, $65.99 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Fort Worth Museum of Science and HistoryFort Worth, TX · revenue $11M · programs 59.4% · FY2025
- South Coast RepertoryCosta Mesa, CA · revenue $11M · programs 80.2% · FY2025
- Foundation for Excellence in Louisiana Public BroadcastingBaton Rouge, LA · revenue $11M · programs 85.7% · FY2025
- Opera PhiladelphiaPhiladelphia, PA · revenue $11M · programs 67.6% · FY2025
- The Lake Placid Association for Music Drama and ArtLake Placid, NY · revenue $11M · programs 47.2% · 2024
All arts, culture & humanities charities · Largest charities in Kentucky
Questions people ask
How much of Commonwealth Fund for Ket's spending goes to programs?
In the fiscal year ending June 30, 2025, Commonwealth Fund for Ket reported that 66.0% of its $8.2 million in expenses went to program services, 23.2% to management and general and 10.8% to fundraising (Form 990, Part IX).
How much does Commonwealth Fund for Ket pay its top executive?
The largest total compensation Commonwealth Fund for Ket reported for one person in the fiscal year ending June 30, 2025 was $472,086, for the role of EXEC DIRECTOR/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Commonwealth Fund for Ket get its money?
Of $11.0 million in revenue in the fiscal year ending June 30, 2025, 72.1% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Commonwealth Fund for Ket a registered charity?
The IRS lists EIN 61-1285473 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202502839349301640 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202443049349301124 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202313059349302126 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022 (amended), object 202223209349300432 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021 (amended), object 202133369349300333 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020 (amended), object 202123369349300232 · read the filing
All filings for EIN 61-1285473: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.