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Nonprofit · EIN 61-1357490

KENTUCKY WOOL FESTIVAL INC OF PENDLETON CO

Tax-exempt · FALMOUTH, KY 41040

Financials

$366K$361K2023$369K$330K2024$388K$320K2025
Revenue Expenses · by fiscal year end
Financials of KENTUCKY WOOL FESTIVAL INC OF PENDLETON CO by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$387,527$319,626$67,901$1,000,121$0$1,000,121
December 31, 2024990$368,551$330,150$38,401$929,879$0$929,879
December 31, 2023990$365,807$360,562$5,245$891,478$0$891,478
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$379,364
Investment income
$8,163
Other revenue
$0

Expenses

Grants and similar amounts paid
$8,500
Other salaries and wages
$5,175
Salaries, compensation and benefits (total)
$5,175
Professional fundraising fees
$0
Accounting fees
$1,595
Occupancy
$8,405
Travel
$330
Depreciation
$8,888
Program services (functional)
$319,626

Balance sheet and other

Total assets, start of year
$929,879
Total assets, end of year
$1,000,121
Total liabilities, end of year
$0
Net assets, end of year
$1,000,121
Land, buildings and equipment
$534,151
Net assets without donor restrictions
$1,000,121
Gross receipts
$387,527
Employees
0
Volunteers
20
Year formed
1999
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
RICK ADAMSVICE PRESIDE
Trustee or director, Officer
5$5,175
STEVE THOMASPRESIDENT
Trustee or director, Officer
5$0
DENNIS MONEYHONTREASURER
Trustee or director, Officer
5$0
ADAM HALLSECRETARY
Trustee or director, Officer
5$0
STEVE TAYLORVICE PRESIDE
Trustee or director, Officer
5$0
TYLER FIGGINSDIRECTOR
Trustee or director
2$0
GARY FIGGINSDIRECTOR
Trustee or director
2$0
RANDY NORDHEIMDIRECTOR
Trustee or director
2$0
RICK HATFIELDDIRECTOR
Trustee or director
2$0
WAYNE LONAKERDIRECTOR
Trustee or director
2$0
JOHN STEELEDIRECTOR
Trustee or director
2$0
KIM BASTIN MEYERDIRECTOR
Trustee or director
2$0
MICHELLE HAMILTONDIRECTOR
Trustee or director
2$0
STACY WELLSDIRECTOR
Trustee or director
2$0
BRYAN VEIRSDIRECTOR
Trustee or director
2$0
9 more people on this return
NameTitleHours / weekCompensation
JOEY VERAXDIRECTOR
Trustee or director
2$0
DEBBIE DENNIEDIRECTOR
Trustee or director
2$0
GREGG DENNISONDIRECTOR
Trustee or director
2$0
TAYLOR PLATTDIRECTOR
Trustee or director
2$0
KELLY THOMASDIRECTOR
Trustee or director
2$0
ROY MAINSDIRECTOR
Trustee or director
2$0
BRAD THOMASDIRECTOR
Trustee or director
2$0
RACHAEL WRIGHTDIRECTOR
Trustee or director
2$0
MIKE MOOREDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2024: 20 people
NameTitleHours / weekCompensation
RICK ADAMSVICE PRESIDE
Trustee or director, Officer
5$5,850
STEVE THOMASPRESIDENT
Trustee or director, Officer
5$0
DENNIS MONEYHONTREASURER
Trustee or director, Officer
5$0
ADAM HALLSECRETARY
Trustee or director, Officer
5$0
STEVE TAYLORVICE PRESIDE
Trustee or director, Officer
5$0
TYLER FIGGINSDIRECTOR
Trustee or director
2$0
GARY FIGGINSDIRECTOR
Trustee or director
2$0
RANDY NORDHEIMDIRECTOR
Trustee or director
2$0
RICK HATFIELDDIRECTOR
Trustee or director
2$0
WAYNE LONAKERDIRECTOR
Trustee or director
2$0
JOHN STEELEDIRECTOR
Trustee or director
2$0
KIM BASTIN MEYERDIRECTOR
Trustee or director
2$0
MICHELLE HAMILTONDIRECTOR
Trustee or director
2$0
STACY WELLSDIRECTOR
Trustee or director
2$0
BRYAN VEIRSDIRECTOR
Trustee or director
2$0
JOEY VERAXDIRECTOR
Trustee or director
2$0
DEBBIE DENNIEDIRECTOR
Trustee or director
2$0
GREGG DENNISONDIRECTOR
Trustee or director
2$0
TAYLOR PLATTDIRECTOR
Trustee or director
2$0
KELLY THOMASDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensation
RICK ADAMSVICE PRESIDE
Trustee or director, Officer
5$5,625
BRYAN VEIRSDIRECTOR
Trustee or director
2$3,800
STEVE THOMASPRESIDENT
Trustee or director, Officer
5$0
DENNIS MONEYHONTREASURER
Trustee or director, Officer
5$0
ADAM HALLSECRETARY
Trustee or director, Officer
5$0
STEVE TAYLORVICE PRESIDE
Trustee or director, Officer
5$0
JEFF AUCHTERDIRECTOR
Trustee or director
2$0
GARY FIGGINSDIRECTOR
Trustee or director
2$0
RANDY NORDHEIMDIRECTOR
Trustee or director
2$0
RICK HATFIELDDIRECTOR
Trustee or director
2$0
WAYNE LONAKERDIRECTOR
Trustee or director
2$0
JOHN STEELEDIRECTOR
Trustee or director
2$0
KIM BASTIN MEYERDIRECTOR
Trustee or director
2$0
MICHELLE HAMILTONDIRECTOR
Trustee or director
2$0
STACY WELLSDIRECTOR
Trustee or director
2$0
JOEY VERAXDIRECTOR
Trustee or director
2$0
DEBBIE DENNIEDIRECTOR
Trustee or director
2$0
GREGG DENNISONDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
48 CONCORD CADDO RD, FALMOUTH, KY 41040-9016
Principal officer (990 for 2025)
STEVE THOMAS
Signed the 990
DENNIS MONEYHON, TREASURER
Phone
(859) 654-5559
Return prepared by
MONEYHON TAX SVC

Mission

ANNUAL FESTIVAL PROVIDING WOOL INDUSTRY INFORMATION AND MARKETING OPPORTUNITIES AND PROVIDING FUND RAISING OPPORTUNTIES FOR LOCAL CHARITABLE ORGANIZATIONS.

990 for the year ended December 31, 2025

Program accomplishments

  • ANNUAL FESTIVAL PROVIDING A STIMULAS FOR SHEEP PRODUCTION, EFFECTIVE MARKETING FOR WOOL BY-PRODUCTS, AND FUND RAISING OPPORTUNITIES FOR LOCAL CHARITABLE ORGANIZATIONS.
  • ESTABLISHED SCHOLORSHIPS FOR LOCAL HIGHER EDUCATION STUDENTS.
    Expenses $319,626 · grants $8,500 · revenue $379,364

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
61-1357490
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,000,121
Income (IRS master file)
$387,527

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$387,527$319,626$1,000,121XML
990December 2024$368,551$330,150$929,879XML
990December 2023$365,807$360,562$891,478XML
990December 2022$351,543$297,491$886,233IRS
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 61-1357490).

Questions about KENTUCKY WOOL FESTIVAL INC OF PENDLETON CO

What is the EIN of KENTUCKY WOOL FESTIVAL INC OF PENDLETON CO?
The employer identification number (EIN) of KENTUCKY WOOL FESTIVAL INC OF PENDLETON CO is 61-1357490.
Is KENTUCKY WOOL FESTIVAL INC OF PENDLETON CO tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2001.
Are donations to KENTUCKY WOOL FESTIVAL INC OF PENDLETON CO tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KENTUCKY WOOL FESTIVAL INC OF PENDLETON CO 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 WOOL FESTIVAL INC OF PENDLETON CO due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KENTUCKY WOOL FESTIVAL INC OF PENDLETON CO last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of KENTUCKY WOOL FESTIVAL INC OF PENDLETON CO?
The 990 for the year ended December 31, 2025 names STEVE THOMAS.
Who are the officers and directors of KENTUCKY WOOL FESTIVAL INC OF PENDLETON CO?
The 990 for the year ended December 31, 2025 lists 24 people; 1 received compensation from the organization, the highest $5,175 (RICK ADAMS, VICE PRESIDE).
How much revenue does KENTUCKY WOOL FESTIVAL INC OF PENDLETON CO have?
On its 990 for the year ended December 31, 2025 it reported revenue of $387,527, expenses of $319,626 and total assets of $1,000,121 at year end.

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