MISSION
Improving the quality of life for Kentuckians through Arts, Education, and Civic Engagement Programs.
DEMOGRAPHIC
ADDRESS
424 ROLLING HILLS RD
40456
COUNTY
rockcastle county, KY
IN CARE OF NAME
AARON DREW DAVIDSON
ORGANIZATIONAL OVERVIEW & RANKINGS
COMMONWEALTH INITIATIVE is a based in MOUNT VERNON, KY, focused on Arts, Culture and Humanities causes , specifically Arts, Cultural Organizations - Multipurpose. Established in February 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,423,769 among 2,656,690 nonprofits nationally (Top 92%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 23,501 out of 31,364 organizations in KY (Top 75%).
In rockcastle county, KY, the organization ranks 50 out of 70 nonprofits by assets (Top 50%), while locally in mount vernon, it stands at 44 among 48 organizations (Top 44%).
The organization reported no revenue in the most recent filing period, placing it at 2,170,137 nationally and 23,212 in KY.
Within its specific NTEE classification (A20 - A: Arts, Culture and Humanities), which includes 16,560 similar organizations, COMMONWEALTH INITIATIVE ranks 16,413 in assets (Top 100%) and 15,074 in revenue (Top 91%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2021 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A20: Arts, Cultural Organizations - Multipurpose
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Saturday, May 15, 2021;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2018
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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