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Filing year 2024

COMMONWEALTH FUND FOR KET INC

Lexington, Kentucky·EIN 61-1285473·NTEE A112 · Arts, Culture & Humanities·3
Total revenue
$11M
Total assets
$50.2M
Total expenses
$8.2M
Reported officers
18
Mission

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 · Schedule J · 2 reported individuals · Filing year 2024

Exec Director/ceo
board member
$134k
$142k
$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.

Browse compensation in Arts, Culture & Humanities

Down 5%
from 2023

From $140k in 2023 to $134k in 2024.

$140k
2023
$134k
2024
In today's dollarsEst.
Down 8% in real terms$153k to $142k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

COMMONWEALTH FUND FOR KET INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$15M
$12.8M
2023
$11M
$8.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Arts, Culture & Humanities executives earn

Comparable arts, culture & humanities organizations nationwide pay their highest-earning executive a median of $58,598.

25th percentile
$24k
Median
$58,598
75th percentile
$111k
90th percentile
$215k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 4,819 organizations across 4,819 filings (2021 – 2023).

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