Dry Stone Conservancy INC

Tax-deductible

Lexington, KY501(c)(3)Arts & CultureEIN 61-1298938

Preserve dry-laid stone structures, and revive and promote the craft of dry stone masonry.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Run by 40 volunteers and 8 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $38K a year · 13% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$125K
to officers and key staff · 28% of spending
Top officer’s pay higher than 58% of similar orgs
Worth a look: pay to officers and key staff is 28% of spending; over 20%.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 9.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$47K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 7 voting members
Looks good: 5 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$573K
+65% vs prior year
Spent
$449K
To programs
87%
Net assets
$369K
By yearFY2020–FY2024
Revenue
$573K
FY2024▲ +65%
Revenue by fiscal year
FY2020$140K
FY2021$246K
FY2022$185K
FY2023$347K
FY2024$573K
Expenses
$449K
FY2024▲ +136%
Expenses by fiscal year
FY2020$212K
FY2021$243K
FY2022$208K
FY2023$191K
FY2024$449K
Net assets
$369K
FY2024▲ +50%
Net assets by fiscal year
FY2020$108K
FY2021$112K
FY2022$89K
FY2023$246K
FY2024$369K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1996.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $393K Management & general 13% · $56K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

8 people listed on the 990; $125K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$63,000Pt VII · Sec A
President and Director
$48,000Pt VII · Sec A
Secretary and Director
$13,575Pt VII · Sec A
Treasurer and Director
$0Pt VII · Sec A
Vice President and Directo
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Russell Waddell’s $63K as Executive Director is at the 58th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jane Wooley———$67,660$80,399
Jane Woolley——$76,718——
Russell Waddell$63,000$66,229$12,600——
Neil Rippingale$48,000——$18,732$4,625
Seth Thomas$13,575———$4,738
Howard Stone————$4,506

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Dry Stone Conservancy INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Preserves ancient stone structures and teaches the craft of building with them.

Provided by the organization

This section is blank until Dry Stone Conservancy INC claims this page.

Know this organization? Claim it to add your story

2 program services account for $393K of program spending, described in the organization's own filed words · FY2024.
01

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.

$378Kprogram expense
02

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.

$14Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$573K
Ln 12
Fees for servicesLn 2g$526K
Gifts and grantsLn 1h$41K
Investment incomeLn 3$5K
Money outPt IX
$449K
Ln 25
Programscol B$393K
Managementcol C$56K
Owns and owesPt X
$369K
net assets · Ln 32
Cash and savingsLn 1–2$362K
Total assetsLn 16$416K
LiabilitiesLn 26$47K
PeoplePt VI, VII
8
listed · VII A
PaidVII A3
Voting boardVI 1a7
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$41K
Government grantsLn 1e$8K
Fees for servicesLn 2g$526K
Investment incomeLn 3$5K
Other incomeLn 4–11$127
Gains on assetsLn 7$3K
Total revenueLn 12$573K
Assets in detailPt X, end of year
CashLn 1$362K
Cash and savings togetherLn 1–2$362K
Land, buildings, equipmentLn 10c$53K
Total assetsLn 16$416K
LiabilitiesLn 26$47K
Net assetsLn 32$369K
OperationsPt I, VI
EmployeesI 58
VolunteersI 640
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$245K$362K
Land, buildings, equipmentLn 10c$650$53K
Total assetsLn 16$247K$416K
LiabilitiesLn 26$1K$47K
Net assetsLn 32$246K$369K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$133K$110K$24K
Other salaries and wagesLn 7$67K$63K$4K
Pension plan contributionsLn 8$2K$976$904
Other employee benefitsLn 9$6K$4K$2K
Payroll taxesLn 10$15K$10K$5K
Accounting feesLn 11c$8K$8K
Other fees for servicesLn 11g$171K$171K
Office expensesLn 13$7K$1K$6K
Information technologyLn 14$1K$1K
Depreciation, depletion and amortizationLn 22$3K$3K
InsuranceLn 23$15K$12K$3K
Other expenses (24a–d)Ln 24$22K$21K$580
Total functional expensesLn 25$449K$393K$56K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $573K$449K$123K$369K 990 PDF
FY2023 $347K$191K$157K$246K 990 PDF
FY2022 $185K$208K−$22K$89K 990 PDF
FY2021 $246K$243K$3K$112K 990 PDF
FY2020 $140K$212K−$72K$108K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $572,658 across 7 lines filed
Lines not itemized here account for $127 of total revenue; see the IRS return.
VIII-1e Government grants$8,183
VIII-1f All other contributions, gifts and grants$33,081
VIII-1h Total contributions, gifts and grants$41,264
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $526,102$526,102
VIII-3 Investment incomeExcluded from tax $2,165$2,165
VIII-7 Net gain or loss on sales of assetsExcluded from tax $3,000$3,000
VIII-12 Total revenueRelated to mission $526,229 · Unrelated business $0 · Excluded from tax $5,165$572,658
Part IX · Statement of functional expenses $449,352 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $109,538 · Management $23,624$133,162
IX-7 Other salaries and wagesPrograms $62,967 · Management $3,967$66,934
IX-8 Pension plan contributionsPrograms $976 · Management $904$1,880
IX-9 Other employee benefitsPrograms $3,786 · Management $2,428$6,214
IX-10 Payroll taxesPrograms $10,159 · Management $4,723$14,882
IX-11c Accounting feesManagement $8,450$8,450
IX-11g Other fees for servicesPrograms $170,512$170,512
IX-13 Office expensesPrograms $1,029 · Management $5,825$6,854
IX-14 Information technologyPrograms $1,064$1,064
IX-22 Depreciation, depletion and amortizationManagement $2,521$2,521
IX-23 InsurancePrograms $11,529 · Management $3,465$14,994
IX-24 Other expenses (24a–d)Programs $21,305 · Management $580$21,885
IX-25 Total functional expensesPrograms $392,865 · Management $56,487 · Fundraising $0$449,352
Part X · Balance sheet $416,355 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $245,089$362,052
X-4 Accounts receivableStart of year $152$152
X-8 Inventories for sale or useStart of year $1,555$1,555
X-10c Land, buildings and equipment, netStart of year $650$52,596
X-16 Total assetsStart of year $247,446$416,355
X-17 Accounts payable and accrued expensesStart of year $1,466$2,074
X-26 Total liabilitiesStart of year $1,466$47,069
X-27 Net assets without donor restrictionsStart of year $240,330$363,636
X-28 Net assets with donor restrictionsStart of year $5,650$5,650
X-32 Total net assets or fund balancesStart of year $245,980$369,286
X-33 Total liabilities and net assetsStart of year $247,446$416,355
Part XI · Reconciliation of net assets $369,286 net assets at year end
XI-1 Total revenue$572,658
XI-2 Total expenses$449,352
XI-3 Revenue less expenses$123,306
XI-4 Net assets at start of year$245,980
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$369,286

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.