2022-11-16T14:37:28-06:00 2022-06-30 273858252 DEAN DORTON ALLEN FORD PLLC 250 W MAIN STREET STE 1400 LEXINGTON KY 40507 990 2021-07-01 611285473 COMMONWEALTH FUND FOR KET INC COMM 8592587000 560 COOPER DRIVE LEXINGTON KY 40502 MICHELE RIPLEY PRESIDENT 8592587000 2022-11-15 1 MICHELE RIPLEY 999009999 ALLISON C CARTER P01242412 8592552341 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z X MICHELE RIPLEY 560 COOPER DRIVE LEXINGTON KY 40502 19948988 0 X WWW.KET.ORG X 1994 KY THE FUND IS TO RECEIVE, HOLD, AND ADMINISTER FUNDS PROVIDED BY ITS FUNDRAISING ACTIVITIES FOR THE BENEFIT OF THE KENTUCKY AUTHORITY FOR EDUCATIONAL TELEVISION. 18 17 0 507 0 0 7867103 7187629 0 0 2402757 1654810 -13668 69815 10256192 8912254 3770027 4022000 0 0 0 0 0 0 857291 2256037 2398846 6026064 6420846 4230128 2491408 38373162 35205433 652471 644096 37720691 34561337 X 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. 0 0 4022000 4022000 42540 THE ORGANIZATION'S MISSION IS TO SUPPORT THE AUTHORITY FOR KENTUCKY EDUCATIONAL TELEVISION (KET), THE NATION'S LARGEST PUBLIC TELEVISION NETWORK. REACHING 7.3 MILLION HOME VIEWERS IN EIGHT STATES AND EVERY KENTUCKY SCHOOL, KET'S BROADCAST, ONLINE AND MOBILE SERVICES FEATURE ORIGINALLY PRODUCED DOCUMENTARIES, CULTURAL AND PUBLIC AFFAIRS PROGRAMS ABOUT KENTUCKY; THE NATIONAL PBS LINEUP; AND THE MOST-TRUSTED CHILDREN'S EDUCATIONAL CONTENT. BEYOND THE SCREEN, KET'S CRADLE-TO-CAREER INSTRUCTIONAL SERVICES INCLUDE EARLY CHILDHOOD TEACHING TOOLS AND CERTIFICATION, K-12 DIGITAL LEARNING RESOURCES AND PROFESSIONAL TRAINING FOR EDUCATORS, AND GED AND WORKFORCE DEVELOPMENT TOOLS USED NATIONWIDE. THE WEBSITE WWW.KET.ORG/MAKING-A-DIFFERENCE-ARCHIVES TELLS THE STORY OF THE TEACHERS, STUDENTS, FAMILIES AND COMMUNITIES IMPACTED BY KET'S PROGRAMS AND SERVICES. 4022000 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 11 0 1 0 0 0 0 0 0 1 1 1 1 0 0 1 0 0 0 X 18 17 1 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 KY X X X THE ORGANIZATION 8592587000 600 COOPER DRIVE LEXINGTON KY 40502 MICHELLE RIPLEY PRESIDENT 37.50 10.50 X 0 121282 46390 SHAE HOPKINS DIRECTOR (AUTHORITY) 1.00 41.00 X 0 242439 162942 NICK NICHOLSON CHAIRMAN 1.00 X 0 0 0 JOHN S DOMASCHKO TREASURER 1.00 X 0 0 0 KIMBERLY D PATTON SECRETARY 1.00 X 0 0 0 DAN GRIFFITH DIRECTOR (AUTHORITY) 1.00 1.00 X 0 450 0 DONNA MOORE CAMPBELL DIRECTOR 1.00 X 0 0 0 MELISSA CHASTAIN DIRECTOR (AUTHORITY) 1.00 1.00 X 0 500 0 ALICE K HOUSTON DIRECTOR 1.00 X 0 0 0 BILL JONES DIRECTOR 1.00 X 0 0 0 D R BALL DIRECTOR 1.00 X 0 0 0 HILMA PRATHER DIRECTOR 1.00 X 0 0 0 MELANIE SIMPSON-CONLEY DIRECTOR 1.00 X 0 0 0 MICHAEL A OWSLEY DIRECTOR 1.00 X 0 0 0 MIRA S BALL DIRECTOR 1.00 X 0 0 0 NANA LAMPTON DIRECTOR 1.00 X 0 0 0 RUSTY CHEUVRONT DIRECTOR 1.00 X 0 0 0 VICKIE YATES BROWN GLISSON DIRECTOR 1.00 X 0 0 0 WILLIAM T YOUNG JR DIRECTOR 1.00 X 0 0 0 0 364671 209332 0 0 1 0 KET FOUNDATION INC 600 COOPER DRIVE LEXINGTON KY 40502 EMPLOYEE & SERVICE REIMBURSEMENTS 1160345 ALLEGIANCE FUNDRAISING LLC 36 CORDAGE PARK CIRCLE STE 225 PLYMOUTH MA 02360 DATABASE PROVIDER 182133 FOREST INCENTIVES 230 FAIRHILL DRIVE WILLOW GROVE PA 19090 PREMIUMS 154731 SOUTHEAST PRINTING & MAIL SERVICE 2528 PALUMBO DRIVE LEXINGTON KY 40509 DIRECT MARKETING SERVICES 140362 4 310274 6877355 270564 7187629 498195 498195 11962099 10805484 1156615 1156615 1156615 258525 310274 231250 27275 27275 COMMUNITY EVENTS 713990 22500 22500 STEWARDSHIP EVENT 713990 20040 20040 42540 8912254 42540 0 1682085 X 4022000 4022000 12500 12500 156568 156568 1210852 1180648 30204 350 350 35270 2168 33102 39807 2288 37519 23778 23778 11447 7638 3809 14428 9443 4985 621 621 16603 16603 25112 25112 POSTAGE AND SHIPPING 310045 369 309676 PREMIUMS/MEMBER CARDS 252429 138 252291 BANK FEES 126064 1142 124922 CONTRACTS 43760 43760 119212 58779 60433 6420846 4022000 1541555 857291 3699312 3303020 135802 51700 235525 367358 46049 39015 903315 713460 180934 189855 31882602 29863499 2173142 1372692 19796 18294 38373162 35205433 16114 17907 358473 458361 277884 167828 652471 644096 X 26406010 24817520 180934 168437 11133747 9575380 37720691 34561337 38373162 35205433 2491408 -5650762 0 X X 0 1 X 1 0 X 5205756 6032455 6169344 7867103 7187629 32462287 5205756 6032455 6169344 7867103 7187629 32462287 99798 32362489 501666 573400 586774 563089 498195 2723124 42540 42540 35227951 0.91870 0.92040 X 11133747 66509 -1094652 489000 41224 9575380 9129638 23750 2484658 466000 38299 11133747 9355138 100000 319253 609750 35003 9129638 8555123 49000 784599 33584 9355138 7980875 62500 600700 55000 33952 8555123 0.00000 0.21130 0.78870 0 0 832341 663811 168530 70974 49649 21325 189855 DUE TO AFFILIATE 146410 CAPITAL LEASES 21418 167828 3345175 -5650762 9001 231250 -5410511 8755686 156568 156568 8912254 6504529 9001 231250 240251 6264278 156568 156568 6420846 PART V, LINE 4: THE COMMONWEALTH FUND FOR KET, INC. CURRENTLY MAINTAINS FOUR ENDOWMENTS: - THE W. PAUL AND LUCILLE CAUDILL LITTLE ARTS ENDOWMENT WAS ESTABLISHED IN 1993 TO SUPPORT ARTS EDUCATION. THE ENDOWMENT FUNDS SHALL BE USED TO EDUCATE THROUGH THE SUPPORT OF QUALITY PRODUCTIONS AND PROGRAMS IN THE FINE ARTS SO AS TO DEVELOP CREATIVITY IN CHILDREN TWELVE YEARS OLD AND UNDER. - IN OCTOBER 2003, THE FUND ESTABLISHED THE ENDOWMENT FOR KENTUCKY PRODUCTIONS. THIS ENDOWMENT SHALL BE USED TO SUPPORT KET'S PRODUCTION, ACQUISITIONS AND BROADCAST OF QUALITY PROGRAMS AND EVENTS THAT DOCUMENT OR CELEBRATE THE PEOPLE, PLACES, HISTORY AND LEGENDS OF KENTUCKY. - IN 1999, THE FUND ESTABLISHED THE ENDOWMENT FOR OLP/21ST CENTURY FUND. THIS ENDOWMENT SHALL BE USED TO SUPPORT KET'S PUBLIC AFFAIR PROGRAMMING AND EVENTS. - IN OCTOBER 2014, THE FUND ESTABLISHED THE JOHN R. HALL ENDOWMENT FOR EDUCATION. THIS ENDOWMENT SHALL BE USED TO SUPPORT KET'S EDUCATIONAL RESOURCES AND SERVICES FROM CRADLE TO CAREER. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT COSTS 231,250. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT COSTS 231,250. SUMMER CELEBRATION 277800 163130 114670 144389 FEB FANFARE 93637 61258 32379 40830 6 197362 85886 111476 46031 568799 310274 258525 231250 231250 27275 0 KENTUCKY EDUCATIONAL TELEVISION FOUNDATION 600 COOPER DRIVE LEXINGTON KY 40502 610722558 501(C)(3) 4022000 0 PRODUCTION OF EDUCATIONAL PROGRAMS AND SUPPORT OF KENTUCKY PUBLIC TELEVISION 1 X X X 0 0 0 0 0 0 0 0 0 MICHELLE RIPLEY PRESIDENT 0 121282 0 0 0 0 0 37731 0 8659 0 167672 0 0 SHAE HOPKINS DIRECTOR (AUTHORITY) 0 242439 0 0 0 0 0 152048 0 10894 0 405381 0 0 X 58 56343 FAIR MARKET VALUE X 19 101204 X 4 7962 FAIR MARKET VALUE X AUCTION ITEMS 314 102970 FAIR MARKET VALUE X EQUIPMENT 3 2085 FAIR MARKET VALUE 0 0 1 1 PART I, LINE 32B: CARS FOR CHARITY 5000 QUITMAN STREET DENVER, CO 80212 CHARITABLE ADULT RIDES & SERVICES (CARS) 4669 MURPHY CANYON ROAD, STE 200 SAN DIEGO, CA 92123 FORM 990, PART VI, SECTION A, LINE 2 MIRA BALL AND D.R. BALL HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD INCLUDES THREE MEMBERS WHO ARE APPOINTED BY THE KENTUCKY AUTHORITY FOR EDUCATIONAL TELEVISION. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN ACTIONS OF THE COMMONWEALTH FUND, AS SPECIFIED IN THE OPERATING AND LICENSE AGREEMENT, MAY REQUIRE APPROVAL OF THE KENTUCKY AUTHORITY FOR EDUCATIONAL TELEVISION. FORM 990, PART VI, SECTION B, LINE 11B THE COMMONWEALTH FUND FOR KET BOARD ACCEPTED THE LATEST AUDIT AND REVIEWED OTHER DATA AVAILABLE AT THAT TIME. WHEN FORM 990 IS COMPLETE, COPIES WILL BE SENT TO THE ENTIRE BOARD FOR REVIEW AND ACCEPTANCE PRIOR TO THE DEADLINE OF NOVEMBER 15, 2022. FORM 990, PART VI, SECTION B, LINE 12C THIS POLICY IS REVIEWED AND ACCEPTED ANNUALLY AS PART OF THE OCTOBER BOARD MEETING AND ANY CONFLICTS OR OTHER BUSINESS OR FAMILY INTERESTS ARE NOTED IN BOARD MINUTES. IN THE EVENT OF A CONFLICT, THE PERSON INVOLVED IS RECUSED FROM THE VOTE OR DISCUSSION. FORM 990, PART VI, SECTION B, LINE 15 THE COMMONWEALTH FUND FOR KET HAS NO EMPLOYEES OF ITS OWN, BUT REIMBURSES THE SALARIES OF EMPLOYEES FROM THE RELATED KET FOUNDATION. KET'S CEO, WHO IS PART OF THE COMMONWEALTH FUND FOR KET BOARD OF DIRECTORS, AUTHORIZES ALL PERSONNEL ACTIONS AND COMPENSATION FOR ALL KET STAFF. FOR FUND STAFF POSITIONS, THE FUND'S EXECUTIVE OFFICER MAKES RECOMMENDATIONS TO THE CEO, INCLUDING COMPENSATION AND BENEFITS COMMENSURATE WITH QUALIFICATIONS WITHIN THE FUND, AND ACHIEVEMENT OF EXISTING STAFF. FOR THE EXECUTIVE OFFICER, THE BOARD CHAIRMAN, TOGETHER WITH MEMBERS OF THE FINANCE COMMITTEE OF THE COMMONWEALTH FUND FOR KET BOARD, REGULARLY EVALUATES PERFORMANCE AND COMPENSATION, AND ALSO MAKES RECOMMENDATIONS TO THE CEO. FOR A NEW EXECUTIVE HIRE, RESPONSIBILITY FOR ESTABLISHING A FAIR SALARY AND BENEFITS PACKAGE COULD BE DELEGATED TO A SEARCH COMMITTEE. THE BOARD OF DIRECTORS THEN REVIEWS AND RATIFIES ALL PERSONNEL ACTIONS PRESENTED AT A FULL BOARD MEETING. AS A SUPPORT ORGANIZATION OF THE AUTHORITY FOR KENTUCKY EDUCATIONAL TELEVISION, THE COMMONWEALTH FUND FOR KET MIRRORS OTHER PERSONNEL POLICIES OF THE STATE TO ENSURE SOUND GOVERNANCE. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS LISTED ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTS/PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,180,648. FUNDRAISING EXPENSES 30,204. TOTAL EXPENSES 1,210,852. PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS DURING THE YEAR. FORM 990, PART IV, LINE 11F UNDER GASB, A FOOTNOTE TO THE FINANCIAL STATEMENTS THAT ADDRESSES THE ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS IS NOT REQUIRED. AMENDED RETURN FORM 990 IS BEING AMENDED TO CORRECT COMPENSATION AMOUNTS IN PART VII. KENTUCKY EDUCATIONAL TELEVISION FOUNDATION INC 600 COOPER DRIVE LEXINGTON KY 40502 610722558 SEE FOOTNOTE IN PART VII KY 501(C)(3) LINE 7 0 KENTUCKY AUTHORITY FOR EDUCATIONAL TELEVISION 600 COOPER DRIVE LEXINGTON KY 40502 610600439 ACQUIRE AND PRODUCE EDUCATIONAL PROGRAMS FOR TELEVISION KY 501(C)(3) LINE 7 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 KY EDUCATIONAL TELEVISION FOUNDATION E 87585 FAIR MARKET VALUE KY AUTHORITY FOR EDUCATIONAL TELEVISION E 58825 FAIR MARKET VALUE KY EDUCATIONAL TELEVISION FOUNDATION B 4022000 FAIR MARKET VALUE KY EDUCATIONAL TELEVISION FOUNDATION O 1207048 FAIR MARKET VALUE KY AUTHORITY FOR EDUCATIONAL TELEVISION P 58231 FAIR MARKET VALUE SCHEDULE R, PART V, COLUMN (B) PRIMARY ACTIVITY: ASSIST THE KY AUTHORITY FOR EDUCATIONAL TELEVISION IN THE PRODUCTION OF EDUCATIONAL PROGRAMS. SCHEDULE R, PART V, LINE 2: IN ADDITION TO THE $4,022,000 IN CONTRIBUTIONS TO THE KENTUCKY EDUCATIONAL TELEVISION FOUNDATION IN FY22, THE KENTUCKY AUTHORITY FOR EDUCATIONAL TELEVISION ALSO DIRECTLY RECEIVED $896,500 IN ANNUAL SUPPORT FROM THE CORPORATION FOR PUBLIC BROADCASTING (CPB), AS A RESULT OF THE CONTRIBUTIONS AND GRANT RAISED BY THE COMMONWEALTH FUND FOR KET, INC.