Kahm Incorporated is located in Sharpsville, IN. The organization was established in 1979. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kahm Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Kahm Incorporated generated $77.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $110.4k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
HISTORICAL BUILDINGS, AGRICULTURAL MUSEUM AND OTHER FACILITIES MADE AVAILABLE TO SCHOOLS AND COMMUNITY GROUPS FOR USE ON WEEKLY OCCASIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher M Kelley President | 10 | $0 | |
Mark Raver Vice Pres | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $28,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,310 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $26,781 |
| Total Revenue | $77,091 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,920 |
| Depreciation | $37,621 |
| Occupancy | $10,751 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $51,103 |
| Total operating and administrative expenses | $110,442 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $110,442 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,325 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $66,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $186,760 |
| Investments—mortgage loans | $0 |
| Investments—other | $528,194 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $912,287 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |