KENTUCKY BANKERS ASSOCIATION

LOUISVILLE, KY, 40202-2998 (502) 582-2453 Est. 1891 EIN 61-0244750

Form 990 501(c)(6)

www.kybanks.com

Mission

TO PROVIDE EFFECTIVE ADVOCACY FOR THE FINANCIAL SERVICES INDUSTRY BOTH IN KENTUCKY AND ON A NATIONAL LEVEL; TO SERVE AS A RELIABLE AND RESPONSIVE SOURCE OF INFORMATION AND EDUCATION ABOUT AREAS OF INTEREST TO THE INDUSTRY; AND TO PROVIDE A CATALYST AND FORUM FOR COLLECTIVE INDUSTRY ACTION.

Financials

Total Revenue

$5,514,419

Total Expenses

$5,244,452

Net Assets

$6,135,219

28 employees 23 volunteers

From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve

14.0 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 8.1%

Expenses ↑ 3.8%

Revenue Sources

Earned revenue 50.4% Investment 4.7% Other 45.0%

Officers & Key Employees (31)

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Grants Received (5)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990	$5,514,419 ↑	$5,244,452	$6,135,219
2022 Form 990	$5,103,304 ↑	$5,053,888	$5,927,868
2021 Form 990	$4,534,508 ↓	$4,710,410	$5,634,107
2020 Form 990	$4,825,835 ↑	$4,385,837	$6,027,966
2019 Form 990	$3,892,769 ↓	$4,125,100	$5,002,702
2017 Form 990	$4,519,193	$3,980,635	$6,247,017