Kentucky Educational Television Foundation Inc

Organization Overview

Kentucky Educational Television Foundation Inc is located in Lexington, KY. The organization was established in 1972. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Kentucky Educational Television Foundation Inc employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Educational Television Foundation Inc 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 06/2022, Kentucky Educational Television Foundation Inc generated $8.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $5.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATE, INSPIRE, INFORM, AND CONNECT KENTUCKY CITIZENS THROUGH THE USE OF PUBLIC MEDIA

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACQUISITION AND PRODUCTION OF INSTRUCTIONAL RESOURCES FOR GRADES P-12 - KET SERVICES AND RESOURCES ARE USED IN EVERY PUBLIC SCHOOL AND MANY NONPUBLIC SCHOOLS, AS WELL AS BY PARENTS, COMMUNITY GROUPS AND OTHER ORGANIZATIONS OUTSIDE OF FORMAL EDUCATIONAL SETTINGS. THIS PROGRAM SERVICE SUPPORTS THE PRODUCTION OF ONLINE DIGITAL RESOURCES, WORKSHOPS FOR STUDENTS, TEACHERS AND PARENTS, HIGH SCHOOL DISTANCE LEARNING COURSES AND PROFESSIONAL DEVELOPMENT FOR TEACHERS.


PRODUCTION OF ADULT AND CONTINUING EDUCATION - KET PROVIDES COURSES AND SUPPORT FOR ADULTS WHO ARE PREPARING TO TAKE THE GED TEST, NEED PRE-GED LEVEL INSTRUCTION, OR WANT TO IMPROVE THEIR WORKPLACE SKILLS. KET HAS CREATED AN INNOVATIVE ONLINE LEARNING SYSTEM WHICH IS CURRENTLY USED BY INDEPENDENT LEARNERS AND IN ADULT EDUCATION CENTERS ACROSS THE STATE.


ACQUISITION AND PRODUCTION OF PROGRAMMING - KET PRODUCES, ACQUIRES, AND DISTRIBUTES HIGH-QUALITY, INNOVATIVE, EDUCATIONAL, LOCAL, AND NATIONAL CONTENT ON MULTIPLE PLATFORMS. CONTENT INCLUDES NATIONAL PROGRAMMING FROM PBS, PUBLIC AFFAIRS PROGRAMS FOCUSED ON LOCAL ISSUES AND CONCERNS, CULTURAL AFFAIRS PROGRAMS THAT CELEBRATE KENTUCKY'S RICH HISTORY AND UNIQUE CULTURE, AND NEARLY 400 HOURS OF LIVE STATE LEGISLATIVE COVERAGE EACH YEAR.


PRODUCTION OF MISCELLANEOUS EDUCATION PROGRAMS


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Picture Window Productions Llc
Producer For Grant
$206,894
Wyatt Tarrant & Combs
Legal Services
$107,332
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$4,022,000
Government grants $4,205,447
All other contributions, gifts, grants, and similar amounts not included above$195,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$8,422,447
Total Program Service Revenue$452,296
Investment income $1,183
Tax Exempt Bond Proceeds $0
Royalties $961
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $35,764
Miscellaneous Revenue$0
Total Revenue $8,939,208

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Kentucky Educational Television Foundation Inc has recieved totaling $250.

Awarding OrganizationAmount
Elite Homes Charitable Foundation Inc

Louisville, KY

PURPOSE: SUPPORT OF THE KENTUCKY EDUCATIONAL TELEVISION

$250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$250,000
Earnings$330
Other Expense$330
Ending Balance$250,000

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