THE ORGANIZATION'S MISSION IS TO SUPPORT AND FURTHER THE EDUCATIONAL, CHARITABLE AND PUBLIC PURPOSES AND ACTIVITIES OF THE KENTUCKY AUTHORITY FOR EDUCATIONAL TELEVISION (AUTHORITY) AND THE RELATED KENTUCKY EDUCATIONAL TELEVISION FOUNDATION, INC. (FOUNDATION). THE FUND'S PRIMARY PURPOSE IS TO RECEIVE, HOLD AND ADMINISTER FUNDS PROVIDED BY ITS FUNDRAISING ACTIVITIES, WHICH ARE CONCENTRATED PRIMARILY IN THE STATE OF KENTUCKY, FOR THE BENEFIT OF THE AUTHORITY AND THE FOUNDATION.
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations in Kentucky.
| Position | Total |
|---|---|
Exec Director/ceo Board Member Above 90th percentilevs Arts, Culture & Humanities peers nationwide | $134k $142k |
President 10th to 25th percentile | $35k $37k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 16 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at COMMONWEALTH FUND FOR KET INC equaled 2% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Down 5%
from 2023
From $140k in 2023 to $134k in 2024.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board Member pay fell 5% from 2023 to 2024, while revenue fell 27%.
- Chief Executive Officer pay rose 46% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about COMMONWEALTH FUND FOR KET INC
What does the Board Member of COMMONWEALTH FUND FOR KET INC earn?
In 2024, the Board Member of COMMONWEALTH FUND FOR KET INC received $133,577 in total compensation. This pay is in the top 10% for Board Member roles among Arts, Culture & Humanities organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board Member pay at COMMONWEALTH FUND FOR KET INC compare with similar nonprofits?
Compared with the same role at Arts, Culture & Humanities organizations nationwide, the 2024 pay of the Board Member at COMMONWEALTH FUND FOR KET INC falls in the top 10%. In 2024, the highest total compensation at COMMONWEALTH FUND FOR KET INC equaled 2% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
What are COMMONWEALTH FUND FOR KET INC's revenue and expenses?
In 2024, COMMONWEALTH FUND FOR KET INC reported $11M in total revenue and $8.2M in total expenses on its IRS Form 990.
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