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Nonprofit · EIN 61-1298938

DRY STONE CONSERVANCY INC

Tax-exempt · LEXINGTON, KY 40502

Financials

$347K$191K2023$573K$449K2024
Revenue Expenses · by fiscal year end
Financials of DRY STONE CONSERVANCY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$572,658$449,352$123,306$416,355$47,069$369,286
December 31, 2023990$347,106$190,560$156,546$247,446$1,466$245,980
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$41,264
of which government grants
$8,183
Program service revenue
$526,102
Investment income
$5,165
Net gain from sales of assets
$3,000
Net income from sales of inventory
$127
Other revenue
$127

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$133,162
Other salaries and wages
$66,934
Salaries, compensation and benefits (total)
$223,072
Professional fundraising fees
$0
Accounting fees
$8,450
Depreciation
$2,521
Program services (functional)
$392,865
Management and general (functional)
$56,487

Balance sheet and other

Total assets, start of year
$247,446
Total assets, end of year
$416,355
Total liabilities, end of year
$47,069
Net assets, end of year
$369,286
Land, buildings and equipment
$52,596
Net assets without donor restrictions
$363,636
Net assets with donor restrictions
$5,650
Gross receipts
$573,956
Employees
8
Volunteers
7
Year formed
1996
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
RUSSELL WADDELLEXECUTIVE DIRECTOR
Officer
40$63,000$8,587
NEIL RIPPINGALEPRESIDENT AND DIRECTOR
Trustee or director, Officer
1$48,000$0
SETH THOMASSECRETARY AND DIRECTOR
Trustee or director, Officer
1$13,575$0
HOWARD STONEVICE PRESIDENT AND DIRECTO
Trustee or director, Officer
1$0$0
PATRICIA KNIGHTTREASURER AND DIRECTOR
Trustee or director, Officer
1$0$0
ZACHARY KINNEMANDIRECTOR
Trustee or director
0.5$0$0
SAM THOMASDIRECTOR
Trustee or director
0.5$0$0
NICK AITKENDIRECTOR
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
RUSSELL WADDELLEXECUTIVE DIRECTOR
Officer
40$66,229$3,925
DANE CLARKPRESIDENT AND DIRECTOR
Trustee or director, Officer
1$0$0
NEIL RIPPINGALEVICE PRESIDENT AND DIRECTO
Trustee or director, Officer
1$0$0
PATRICIA KNIGHTTREASURER AND DIRECTOR
Trustee or director, Officer
1$0$0
SETH THOMASSECRETARY AND DIRECTOR
Trustee or director, Officer
1$0$0
SAM THOMASDIRECTOR
Trustee or director
0.5$0$0
HOWARD STONEDIRECTOR
Trustee or director
0.5$0$0
ZACHARY KINNEMANDIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
1065 DAVE RUN RD STE A, LEXINGTON, KY 40502-3524
Principal officer (990 for 2024)
PATRICIA KNIGHT, 1065 DOVE RUN ROAD 5, LEXINGTON, KY 40502
Signed the 990
PATRICIA KNIGHT, TREASURER
Phone
(859) 266-4807
Return prepared by
BLUE & CO LLC

Mission

TO PRESERVE HISTORIC DRYSTONE STRUCTURES, TO ADVANCE THE DRYSTONE MASONRY CRAFT, AND TO CREATE A CENTER FOR TRAINING AND EXPERTISE NATIONWIDE.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE TRAINING AND RESTORATION ADVICE AND ASSISTANCE FOR THE TREATMENT OF HISTORIC PROPERTIES AND INTERNATIONALLY ACCEPTED STANDARDS FOR DRY STONE. TRAIN CRAFTSMEN TO RESTORE AND REPAIR DRY STONE STRUCTURES.
    Expenses $378,487 · revenue $494,614
  • THE CONSERVANCY HOLDS WORKSHOPS FOR THE GENERAL PUBLIC TO LEARN BASIC DRY STONE TECHNIQUE AND FOR ADVANCED MASON TRAINING. PARTICIPANTS LEARN INTERNATIONAL STANDARDS IN DRY STONE MASONRY AND THEN PARTICIPATE IN BUILDING PROJECTS TO UPGRADE THEIR SKILLS.
    Expenses $14,378 · revenue $31,615

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
61-1298938
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
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$416,355
Income (IRS master file)
$573,956

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$572,658$449,352$416,355XML
990December 2023$347,106$190,560$247,446XML
990December 2022$185,402$207,734$90,661IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 61-1298938).

Questions about DRY STONE CONSERVANCY INC

What is the EIN of DRY STONE CONSERVANCY INC?
The employer identification number (EIN) of DRY STONE CONSERVANCY INC is 61-1298938.
Is DRY STONE CONSERVANCY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to DRY STONE CONSERVANCY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DRY STONE CONSERVANCY 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 DRY STONE CONSERVANCY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DRY STONE CONSERVANCY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DRY STONE CONSERVANCY INC?
The 990 for the year ended December 31, 2024 names PATRICIA KNIGHT.
Who are the officers and directors of DRY STONE CONSERVANCY INC?
The 990 for the year ended December 31, 2024 lists 8 people; 3 received compensation from the organization, the highest $63,000 (RUSSELL WADDELL, EXECUTIVE DIRECTOR).
How much revenue does DRY STONE CONSERVANCY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $572,658, expenses of $449,352 and total assets of $416,355 at year end.

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