Overview

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Est.

1973

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Marion County Industrial Foundation is a nonprofit organization focused on urban and economic development in Lebanon and Marion County, Kentucky. With an operating budget of $364.8K and total revenue of $394K for the 2024 filing year, the organization plays a significant role in promoting industrial development in the region. Notably, it has a substantial funding source, with $19.2M coming from an unknown top funder, indicating potential reliance on a single funding source for a significant portion of its revenue. For more information, visit www.marioncountyky.com.

Mission Statement

INDUSTRIAL DEVELOPMENT IN LEBANON AND MARION COUNTY, KENTUCKY
Revenues
$394K
Expenses
$364.8K
Net Income:
+$29.1K
Assets
$8.3M
Liabilities
$1.3M
Net Assets:
+$7M
Operating Budget
$364.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$2.5K
Largest grant received
$2.5K
M
Meilssa Newcomb
Board Member
W
William P Thompson
Board Member
B
Bobby Miles
Board Member

Frequently Asked Questions

What is MARION COUNTY INDUSTRIAL FOUNDATION’s budget?
In 2024, MARION COUNTY INDUSTRIAL FOUNDATION reported an annual operating budget of around $365 thousand. More detailed financial information is available to registered users.
What causes does MARION COUNTY INDUSTRIAL FOUNDATION support?
MARION COUNTY INDUSTRIAL FOUNDATION supports work in Urban development and Economic development.
Where does MARION COUNTY INDUSTRIAL FOUNDATION operate?
MARION COUNTY INDUSTRIAL FOUNDATION is headquartered in Lebanon, KY.
Who funded MARION COUNTY INDUSTRIAL FOUNDATION recently?
In 2019, MARION COUNTY INDUSTRIAL FOUNDATION received grants from Bayer Fund. More information on this organization’s funders is available to registered users.
What is the largest grant MARION COUNTY INDUSTRIAL FOUNDATION received in 2019?
The largest grant to MARION COUNTY INDUSTRIAL FOUNDATION in 2019 exceeds $2,500.
What is MARION COUNTY INDUSTRIAL FOUNDATION’s reliance on government grants?
MARION COUNTY INDUSTRIAL FOUNDATION relied on government grants for more than 80% of their total revenue in 2024.