Nonprofit · EIN 61-0722558
KENTUCKY EDUCATIONAL TELEVISION FOUNDATION INC
Tax-exempt · LEXINGTON, KY 40502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $10,926,770 | $11,344,478 | -$417,708 | $16,818,645 | $17,543,224 | -$724,579 |
| June 30, 2024 | 990 | $17,143,299 | $10,781,336 | $6,361,963 | $17,947,577 | $17,937,959 | $9,618 |
| June 30, 2023 | 990 | $10,632,941 | $7,801,003 | $2,831,938 | $11,526,608 | $17,878,953 | -$6,352,345 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $10,042,057
- of which government grants
- $4,606,457
- Program service revenue
- $668,704
- Investment income
- $184,483
- Royalties
- $13,807
- Net gain from sales of assets
- $9,292
- Net income from sales of inventory
- $5,686
- Other revenue
- $31,526
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $189,896
- Other salaries and wages
- $4,221,506
- Salaries, compensation and benefits (total)
- $4,092,624
- Professional fundraising fees
- $0
- Legal fees
- $146,836
- Accounting fees
- $24,199
- Occupancy
- -$1,810
- Travel
- $261,719
- Depreciation
- $539,218
- Program services (functional)
- $9,706,694
- Management and general (functional)
- $1,637,784
Balance sheet and other
- Total assets, start of year
- $17,947,577
- Total assets, end of year
- $16,818,645
- Total liabilities, end of year
- $17,543,224
- Net assets, end of year
- -$724,579
- Land, buildings and equipment
- $4,517,597
- Gross receipts
- $10,932,390
- Employees
- 112
- Volunteers
- 50
- Year formed
- 1971
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SHAE HOPKINS | EXECUTIVE DIRECTOR/CEO Officer | 12 | $159,693 | $178,817 | $133,577 |
| TIM BISCHOFF | CHIEF TECHNOLOGY OFFICER Key employee | 10 | $0 | $169,548 | $131,800 |
| ELAINE CRAWFORD | CHIEF ADMINISTRATIVE OFFICER Officer | 10 | $0 | $182,576 | $117,386 |
| NANCY SOUTHGATE | CHIEF CONTENT OFFICER Key employee | 10 | $0 | $164,605 | $124,557 |
| TONYA CRUM | CHIEF OF STAFF Officer | 11 | $0 | $147,797 | $90,663 |
| JULIE SCHMIDT | DIRECTOR OF EXTERNAL AFFAIRS Highest-paid employee | 10 | $0 | $127,467 | $105,999 |
| TODD PICCIRILLI | DIRECTOR OF MARKETING Highest-paid employee | 11 | $0 | $131,187 | $87,657 |
| MICHELE RIPLEY | PRESIDENT OF COMMONWEALTH FUND Highest-paid employee | 46 | $146,497 | $0 | $35,331 |
| RENEE SHAW | DIRECTOR OF PUBLIC AFFAIRS Highest-paid employee | 32 | $154,734 | $0 | $24,910 |
| CHIP POLSTON | PRODUCER / HOST Highest-paid employee | 41 | $134,498 | $0 | $23,618 |
| DAN GRIFFITH | DIRECTOR Trustee or director | 1 | $200 | $450 | $0 |
| LEAH MCCORMICK ADKINS | DIRECTOR Trustee or director | 1 | $150 | $300 | $0 |
| KARYN HOOVER | DIRECTOR Trustee or director | 1 | $200 | $250 | $0 |
| KEVIN WEAVER | DIRECTOR Trustee or director | 1 | $150 | $150 | $0 |
| ROBERT BOB M BECK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID COUCH | DIRECTOR Trustee or director | 1 | $0 |
| DR ROBBIE FLETCHER | DIRECTOR Trustee or director | 1 | $0 |
| CRYSTAL STALEY | DIRECTOR Trustee or director | 1 | $0 |
| JAY MEHTA | DIRECTOR Trustee or director | 1 | $0 |
| REBECCA ROSE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 22 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SHAE HOPKINS | EXECUTIVE DIRECTOR/CEO Officer | 24.5 | $122,565 | $156,109 | $140,302 |
| TIM BISCHOFF | CHIEF TECHNOLOGY OFFICER Key employee | 11 | $0 | $156,373 | $143,906 |
| ELAINE CRAWFORD | CHIEF ADMINISTRATIVE OFFICER Officer | 11 | $0 | $163,155 | $130,502 |
| NANCY SOUTHGATE | CHIEF CONTENT OFFICER Key employee | 10 | $0 | $150,938 | $135,964 |
| TONYA CRUM | CHIEF OF STAFF Officer | 10 | $0 | $135,919 | $104,090 |
| JULIE SCHMIDT | DIRECTOR OF EXTERNAL AFFAIRS Highest-paid employee | 10 | $0 | $120,829 | $115,934 |
| TODD PICCIRILLI | DIRECTOR OF MARKETING Highest-paid employee | 10 | $0 | $125,265 | $100,969 |
| MICHELE RIPLEY | PRESIDENT OF COMMONWEALTH FUND Highest-paid employee | 47 | $143,620 | $0 | $24,139 |
| RENEE SHAW | DIRECTOR OF PUBLIC AFFAIRS Highest-paid employee | 45 | $139,917 | $0 | $25,302 |
| CHIP POLSTON | PRODUCER/HOST Highest-paid employee | 40 | $126,317 | $0 | $22,439 |
| DAN GRIFFITH | DIRECTOR Trustee or director | 1 | $200 | $400 | $0 |
| LEAH MCCORMICK ADKINS | DIRECTOR Trustee or director | 1 | $200 | $250 | $0 |
| KEVIN WEAVER | DIRECTOR Trustee or director | 1 | $200 | $200 | $0 |
| KARYN HOOVER | DIRECTOR Trustee or director | 1 | $100 | $150 | $0 |
| BARBRA LEDFORD | DIRECTOR Trustee or director | 1 | $150 | $0 | $0 |
| ROBERT BOB M BECK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID COUCH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROBBIN F KINNEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JASON E GLASS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CRYSTAL STALEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAY MEHTA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| REBECCA ROSE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 19 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SHAE HOPKINS | EXECUTIVE DIRECTOR/CEO Officer | 9.6 | $117,526 | $144,211 | $144,171 |
| TIM BISCHOFF | CHIEF TECHNOLOGY OFFICER Highest-paid employee | 5.3 | $0 | $135,060 | $138,247 |
| ELAINE CRAWFORD | CHIEF ADMINISTRATIVE OFFICER Officer | 9 | $0 | $145,002 | $127,472 |
| NANCY SOUTHGATE | CHIEF CONTENT OFFICER Highest-paid employee | 1.7 | $0 | $135,536 | $135,225 |
| TONYA CRUM | CHIEF OF STAFF Highest-paid employee | 2 | $0 | $117,986 | $101,350 |
| MICHELE RIPLEY | PRESIDENT OF COMMONWEALTH FUND Highest-paid employee | 10.75 | $134,225 | $0 | $24,650 |
| RENEE SHAW | DIRECTOR OF PUBLIC AFFAIRS Highest-paid employee | 11.8 | $130,096 | $0 | $22,490 |
| DAN GRIFFITH | DIRECTOR Trustee or director | 1 | $200 | $250 | $0 |
| LEAH MCCORMICK ADKINS | DIRECTOR Trustee or director | 1 | $150 | $200 | $0 |
| KEVIN WEAVER | DIRECTOR Trustee or director | 1 | $100 | $150 | $0 |
| MELISSA CHASTAIN | DIRECTOR Trustee or director | 1 | $100 | $150 | $0 |
| KARYN HOOVER | DIRECTOR Trustee or director | 1 | $100 | $100 | $0 |
| SEAN MESTAN | DIRECTOR Trustee or director | 1 | $50 | $0 | $0 |
| ROBERT BOB M BECK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID COUCH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JASON E GLASS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CRYSTAL STALEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAY MEHTA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BARBRA LEDFORD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 600 COOPER DR, LEXINGTON, KY 40502-1669
- Principal officer (990 for 2024)
- SHAE HOPKINS, 600 COOPER DRIVE, LEXINGTON, KY 40502
- Signed the 990
- SHAE HOPKINS, EXECUTIVE DIRECTOR/CEO
- Phone
- (859) 258-7000
- Website
- WWW.KET.ORG
- Return prepared by
- DEAN DORTON ALLEN FORD PLLC
Mission
NONPROFIT FOUNDATION CREATED TO SUPPORT AND FURTHER THE EDUCATIONAL, CHARITABLE, AND PUBLIC PURPOSES AND ACTIVITIES OF THE KENTUCKY AUTHORITY FOR EDUCATIONAL TELEVISION. THE ORGANIZATION'S PRIMARY PURPOSE IS TO RECEIVE, HOLD, AND ADMINISTER GRANTS IN THE NAME OF THE AUTHORITY.
Program accomplishments
- ACQUISITION AND PRODUCTION OF INSTRUCTIONAL RESOURCES FOR GRADES P-12 - KET SERVICES AND RESOURCES ARE USED IN PUBLIC AND 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, AND PROFESSIONAL DEVELOPMENT FOR TEACHERS.Expenses $1,213,163 · revenue $118,683
- 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.Expenses $1,284,482 · revenue $555,707
- 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 400 HOURS OF LIVE STATE LEGISLATIVE COVERAGE EACH YEAR.Expenses $6,004,207
- PRODUCTION OF MISCELLANEOUS EDUCATION PROGRAMS.Expenses $1,204,842 · revenue $2,200
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 61-0722558
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1972
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A320)
- Assets (IRS master file)
- $16,818,645
- Income (IRS master file)
- $10,932,390
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $10,926,770 | $11,344,478 | $16,818,645 | IRS |
| 990 | June 2024 | $17,143,299 | $10,781,336 | $17,947,577 | XML |
| 990 | June 2023 | $10,632,941 | $7,801,003 | $11,526,608 | XML |
| 990 | June 2022 | $8,939,208 | $5,569,378 | $11,286,111 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-0722558).
Questions about KENTUCKY EDUCATIONAL TELEVISION FOUNDATION INC
- What is the EIN of KENTUCKY EDUCATIONAL TELEVISION FOUNDATION INC?
- The employer identification number (EIN) of KENTUCKY EDUCATIONAL TELEVISION FOUNDATION INC is 61-0722558.
- Is KENTUCKY EDUCATIONAL TELEVISION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to KENTUCKY EDUCATIONAL TELEVISION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KENTUCKY EDUCATIONAL TELEVISION FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of KENTUCKY EDUCATIONAL TELEVISION FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KENTUCKY EDUCATIONAL TELEVISION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of KENTUCKY EDUCATIONAL TELEVISION FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names SHAE HOPKINS.
- Who are the officers and directors of KENTUCKY EDUCATIONAL TELEVISION FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 20 people; 8 received compensation from the organization, the highest $159,693 (SHAE HOPKINS, EXECUTIVE DIRECTOR/CEO).
- How much revenue does KENTUCKY EDUCATIONAL TELEVISION FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $10,926,770, expenses of $11,344,478 and total assets of $16,818,645 at year end.
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All nonprofits in LEXINGTON · Kentucky · Arts, culture and humanities