Kentucky · Nonprofit
KENTUCKY SCIENCE AND TECHNOLOGY CORP
KENTUCKY SCIENCE AND TECHNOLOGY CORP (Kentucky) receives grants from 12 organizations whose IRS filings report $1,016,391 to it, the largest being NATIONAL MATH & SCIENCE INITIATIVE INC ($737,526). 7 of them have funded it in more than one year.
- Revenue FY2023
- $7.2M
- Funders on record
- 12
- Grants received
- $1.0M
- Net assets
- $967k
What Kentucky Science and Technology Corp does
Mission
Kentucky Science and Technology Corporation (kstc) is an entrepreneurial company dedicated to enhancing the capacity of people, companies and organizations to develop and apply science and technology and compete responsibly in the global marketplace. Kstc's strategies are to; 1)develop a comprehensive innovation strategy that brings together business, government and education as full partners to leverage the best opportunities for kentucky's future. 2)contribute to the creation of entrepreneurial companies, jobs and the international competitiveness of kentucky's economy. 3)promote technology development and transfer an innovative mind-set conducive to entrepreneurial development. 4)develop a more systematic approach by which all levels of education (primary through university) contribute to kentucky innovations.
As stated on its FY2023 Form 990.
Programs
Education programs-advancekentucky is a program designed to fund training and incentives for advanced placement (ap) and pre-ap courses in math, science, and english in kentucky high schools. The program provides extensive training of teachers, identification and cultivation of lead teachers, and extended time on tasks for students and financial incentives based on academic results to expand the number of kentucky students from across the state taking and excelling in the various math, science, and english ap exams.in addition to various federal and state funding sources, kstc also receives financial and nonfinancial support from private organizations such as college board and code.org. The college board is a private, non-profit organization that partners with kstc to increase the availability of computer science courses by offsetting the costs of recruiting and training instructors on teaching an advanced placement computer science principles course to high school students. Code.org is a private, non-profit organization that works with kstc to help offset the costs of recruiting and training instructors on teaching a computer science fundamentals course to elementary students and…
$1,504,153 spent23% of program spendingEconomic development programsthe knowledge-based economy (kbe) funds are a series of investment funds aimed at promoting and capitalizing early-stage technology commercialization in the commonwealth of kentucky. Kbe was administered by kstc and funded by the state through a contract with the council on postsecondary education. The funds were dedicated to increasing the number of high technology companies and products in kentucky. Components of this program included the kentucky enterprise fund program, the rural innovation program, and the kentucky commercialization program. In april of 2018 kentucky's legislature transferred the funding and administration of these programs from the council of postsecondary education (cpe) to the cabinet for economic development (ced) for the biennium beginning july 1, 2018. In may, 2020, ced and kstc entered a contract to administer the kbe program and continue making investments in early-stage kentucky companies under the kbe programs.the procurement and technical assistance (ptac) program is funded by the defense logistics agency (dla) office of small business. Ptac's objective is to work in cooperation with states, local governments and both…
$1,933,188 spent$503,510 earned by the program30% of program spendingResearch and development programskentucky sbir/sttr matching funds program. In february 2018, the cabinet for economic development (ced) notified kstc that ced would begin administering the kentucky sbir/sttr matching funds program within the cabinet yet requested kstc continue to administer "legacy agreements" between kstc and prior program recipients where bilateral obligations still existed. Consequently, ced issued a contract to kstc for the management of the "legacy agreements". Ced continued to contract with kstc annually for the management of those bilateral obligations. The most recent management contract covers the period of july 1, 2021, through june 30, 2022. With the exception of these "legacy agreements", kstc no longer manages the kentucky sbir/sttr matching funds program.the established program to stimulate competitive research (epscor) administration from the council on postsecondary education (cpe) represents state funds under the kentucky innovation act (kia) for the coordination and development of epscor. In april of 2018 kentucky's legislature transferred the epscor's funding and administration from the council of postsecondary education ("cpe") to the cabinet…
$3,084,804 spent47% of program spendingKentucky space programskentuckyspace is a joint - enterprise involving public organizations, private companies, colleges, and universities in the student - driven design, build, launch, and on-orbit operations of small satellites for innovation and learning purposes. Its mission is to provide students with real-time learning in the dynamics of spacecraft design, construction, testing, and on-orbit operations as a means of extending science and technology education, research and development, and innovation.
$19,917 spent0% of program spending
The 4 programs described on its FY2022 Form 990, listed largest first by expense. Program spending in total: $6,542,062.
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.
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 $22M to $6.6M (−71%).
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.
Government-grant reliance: 2017 90% · 2018 93% · 2019 89% · 2020 90% · 2021 94% · 2022 86% · 2023 92%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 7 reported years ran a deficit.
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.
Board chair
Sam Burchett
Chair
As listed on its FY2023 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 2 funders to 4 funders, grant income fell $131k → $43k.
4 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% 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 KENTUCKY SCIENCE AND TECHNOLOGY CORP’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
KENTUCKY SCIENCE AND TECHNOLOGY CORP leans on a few funders — its largest provides 73% of grant income and the top three 94%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
97% 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 KENTUCKY SCIENCE AND TECHNOLOGY CORP.
Largest funder’s share by year: 2017 96% · 2018 84% · 2019 87% · 2020 85% · 2021 79% · 2022 86% · 2023 86% — diversifying over time.
“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.
How long its funders stay
38% of KENTUCKY SCIENCE AND TECHNOLOGY CORP's funders are still giving 3 years after their first grant; 58% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
KENTUCKY SCIENCE AND TECHNOLOGY CORP draws 97% of its grant income from funders outside Kentucky, across 6 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $27k arriving through sponsors registered in 4 states 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.
Government funding KENTUCKY SCIENCE AND TECHNOLOGY CORP receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $24.3M on record — $24.3M federal, $75 state.
- National Science Foundation$14.1M
- Department of Defense$7.9M
- Department of Labor$1.5M
- Small Business Administration$760k
- REFUNDS - GENERAL $75
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like KENTUCKY SCIENCE AND TECHNOLOGY CORP
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
87% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 4 related entities
- Kentucky Space LLC · disregarded
- Intelligent Change Initiatives · exempt
- Exomedicine Inc · exempt
- Sti Legacy Inc (Fka Space Tango Inc) · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for KENTUCKY SCIENCE AND TECHNOLOGY CORP: 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.
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 KENTUCKY SCIENCE AND TECHNOLOGY CORP?
- KENTUCKY SCIENCE AND TECHNOLOGY CORP (Kentucky) receives grants from 12 organizations whose IRS filings report $1,016,391 to it, the largest being NATIONAL MATH & SCIENCE INITIATIVE INC ($737,526). 7 of them have funded it in more than one year.
- How many funders does KENTUCKY SCIENCE AND TECHNOLOGY CORP have?
- IRS filings report 12 organizations giving $1,016,391 in grants to KENTUCKY SCIENCE AND TECHNOLOGY CORP, 7 of which have funded it in more than one year.
- Who is the largest funder of KENTUCKY SCIENCE AND TECHNOLOGY CORP?
- NATIONAL MATH & SCIENCE INITIATIVE INC is the largest funder on record, with $737,526 in grants. The full list of funders is on this page.
- How can an organization like KENTUCKY SCIENCE AND TECHNOLOGY CORP 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2017–2023), and the filings of 12 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