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Kentucky · Nonprofit

DRY STONE CONSERVANCY INC

DRY STONE CONSERVANCY INC (Kentucky) receives grants from 3 organizations whose IRS filings report $27,500 to it, the largest being THE JOSEPHINE ARDERY FOUNDATION INC ($15,000). 1 of them have funded it in more than one year.

Revenue FY2024
$573k
Funders on record
3
Grants received
$28k
Net assets
$369k
1/3 repeat funderspeak grant-dependency 4%
01What it does

What Dry Stone Conservancy Inc does

Mission

To preserve historic drystone structures, to advance the drystone masonry craft, and to create a center for training and expertise nationwide.

As stated on its FY2024 Form 990.

Programs

  1. 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.

    $378,487 spent$494,614 earned by the program
    96% of program spending
  2. 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.

    $14,378 spent$31,615 earned by the program
    4% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $392,865.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($569k) Expenses 100 ($597k) Net assets 100 ($300k)2018 Revenue 121 ($689k) Expenses 112 ($670k) Net assets 106 ($319k)2019 Revenue 35 ($201k) Expenses 57 ($340k) Net assets 60 ($180k)2020 Revenue 25 ($140k) Expenses 35 ($212k) Net assets 36 ($108k)2021 Revenue 43 ($246k) Expenses 41 ($243k) Net assets 37 ($112k)2022 Revenue 33 ($185k) Expenses 35 ($208k) Net assets 30 ($89k)2023 Revenue 61 ($347k) Expenses 32 ($191k) Net assets 82 ($246k)2024 Revenue 101 ($573k) Expenses 75 ($449k) Net assets 123 ($369k)
'17'18'19'20'21'22'23'24
Revenue (101)Expenses (75)Net assets (123)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $387k to $193k (−50%).

$361k
$387k
$193k
$111k
$116k
$91k
$247k
$416k
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 32% · 2021 26% · 2022 36% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.

7% of DRY STONE CONSERVANCY INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$28k
’17
$19k
’18
−$140k
’19
−$72k
’20
$3k
’21
−$22k
’22
$157k
’23
$123k
’24
9.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Russell Waddell

Executive director

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed56667877
Joined·+1+0+0+1+2+0+1
No longer listed·0000111
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income held at $5k.

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 18% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of DRY STONE CONSERVANCY INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

DRY STONE CONSERVANCY INC leans on a few funders — its largest provides 55% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

45% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund DRY STONE CONSERVANCY INC.

55%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of DRY STONE CONSERVANCY INC's grant income comes from Kentucky funders.

KY

Funder states come from each funder’s own filing. $5k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

DRY STONE CONSERVANCY INC runs a healthier operating margin than three-quarters of the 17,936 arts & culture nonprofits its size.

Operating margin22% · top quartile
Months of reserve9.7mo · above the median
Revenue growth (annualized)0% · bottom quartile

this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024

Organizations like DRY STONE CONSERVANCY INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Kentucky

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

7
board members
71%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

KY

Screen this organization

A dated, signed PDF of the compliance screen for DRY STONE CONSERVANCY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds DRY STONE CONSERVANCY INC?
DRY STONE CONSERVANCY INC (Kentucky) receives grants from 3 organizations whose IRS filings report $27,500 to it, the largest being THE JOSEPHINE ARDERY FOUNDATION INC ($15,000). 1 of them have funded it in more than one year.
How many funders does DRY STONE CONSERVANCY INC have?
IRS filings report 3 organizations giving $27,500 in grants to DRY STONE CONSERVANCY INC, 1 of which have funded it in more than one year.
Who is the largest funder of DRY STONE CONSERVANCY INC?
THE JOSEPHINE ARDERY FOUNDATION INC is the largest funder on record, with $15,000 in grants. The full list of funders is on this page.
How can an organization like DRY STONE CONSERVANCY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Dry Stone Conservancy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing