Shakertown at Pleasant Hill Kentucky Inc
Nonprofit profile at a glance
- EIN
- 610592561
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Harrodsburg, KY, USA
- Phone
- 8597341564
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- History Museums
Reported finances
- Revenue
- $10,771,988
- Expenses
- $8,586,515
- Assets
- $24,372,407
- Liabilities
- $1,271,840
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
30 people listed
Executive titles in this filing
- ROBERT GIGLIOTTI (PRESIDENT/CEO - RETIRED NOV 2024)
- BILLY RANKIN (PRESIDENT/CEO)
Highest reported compensation
- ROBERT GIGLIOTTI (PRESIDENT/CEO - RETIRED NOV 2024): $142,018 total reported compensation
- BILLY RANKIN (PRESIDENT/CEO): $115,663 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Shaker village is on a mission to inspire generations through discovery by sharing the legacies of the Kentucky shakers.
What it reported doing in 2024
Program/preservation: shaker village maintains and preserves 34 original historic structures and 3,000 acres of land that was settled in 1805 by members of the united society of believers in christ's second appearing, the group more commonly known as the shakers. The site is the largest such site in america and is one of the most extensive intact examples possessing a high degree of integrity even to this day. The buildings that have been preserved are considered to be exquisite examples of the harmonious relationship between functional architecture and a beautiful rolling landscape. This is especially important considering the fact that the buildings were all designed and built by uneducated yet very skilled craftsmen using rudimentary, handmade tools. Shaker village conducts a variety of activities and programs designed to help educate the public on the lives of the individuals who settled this community with a focus on the impact their contributions made to the development of the american frontier. The site is considered one of the country's finest historic outdoor educational sites because of the interpretation program that is focused on the social, entrepreneurial and familial relationships that made this community important to america's development.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 78
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70.6%; rating input score 71
- Program expense ratio: 77.9%; rating input score 78
- Fundraising efficiency: $18.69 raised per $1 spent on fundraising; rating input score 55; 55th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 20.3%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 2.84; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 82; 82nd percentile among comparable filings
- Officer compensation ratio: 3%; rating input score 68; 68th percentile among comparable filings
Growth
- Program expense growth: 2.6% per year; rating input score 100; 23rd percentile among comparable filings
- Revenue growth: 4.5% per year; rating input score 100; 40th percentile among comparable filings
- Asset growth: 3.1% per year; rating input score 100; 23rd percentile among comparable filings
Details
- Where the money goes: 70.6% of revenue deployed · 77.9% of spending went to programs
- Governance: 28 of 28 board members independent · 6 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $6.7M in reported program spending
- Leadership: top reported pay $142K · 30 people listed
- Consistency: 36 of 36 current checks pass
- Schedules: 7 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- Review — Financial Efficiency: Fundraising efficiency scored 55/100.