Louisville Downtown Lions Charities Inc
- Assets
- $1.5m
- Revenue
- $402.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Louisville, KY
- Founding
- 05/1990
- Data as of
- 06/2024
- EIN
- 61-1176559
Organization Overview
Louisville Downtown Lions Charities Inc is located in Louisville, KY. The organization was established in 1990. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisville Downtown Lions Charities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Louisville Downtown Lions Charities Inc generated $402.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $312.9k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (12.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Louisville Downtown Lions Charities Inc has awarded 40 individual grants totaling $919,186. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
ASSIST BLIND AND VISUALLY IMPAIRED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOUISVILLE DOWNTOWN LIONS CHARITIES, INC. PROVIDES GRANTS AND AWARDS TO OTHER CHARITABLE ORGANIZATIONS THAT PROVIDE SERVICES FOR THE BLIND AND VISUALLY IMPAIRED AS WELL AS THE HEALTH AND WELFARE OF THE GENERAL PUBLIC. DURING THE YEAR ENDED JUNE 30, 2024, THE ORGANIZATION MADE GRANTS TO 26 OTHER CHARITABLE ORGANIZATIONS, ALL OF WHOM ARE EXEMPT UNDER IRC SECTION 501(C)(3).
THE ORGANIZATION PROVIDES LARGE PRINT CALENDARS FOR VISUALLY IMPAIRED INDIVIDUALS AND PROVIDES SUPPLIES FOR EYE SCREENING CHILDREN AGES 1 TO 5. 1,200 CALENDARS WERE DISTRIBUTED AND APPROXIMATELY 1,000 CHILDREN WERE SCREENED.
THE ORGANIZATION PROVIDES EYEGLASSES FOR INDIGENT INDIVIDUALS. DURING THE YEAR ENDED JUNE 30, 2024, 82 SUCH INDIVIDUALS WERE PROVIDED EYEGLASSES.
THE ORGANIZATION SPONSORS A HOLIDAY PARTY AND PROVIDES GIFTS FOR APPROXIMATELY 60 KY SCHOOL FOR THE BLIND STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Webster Director | Trustee | 1 | $0 |
Mark Fietsch Director | Trustee | 1 | $0 |
Carol Dahmke Secretary | OfficerTrustee | 8 | $0 |
Leon Thomas Treasurer | OfficerTrustee | 8 | $0 |
Carla Ruschival Director | Trustee | 1 | $0 |
Tom Vanetten Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,422 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,422 |
| Total Program Service Revenue | $0 |
| Investment income | $45,739 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $64,284 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $282,358 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $402,803 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $272,683 |
| Grants and other assistance to domestic individuals. | $13,322 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,339 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $632 |
| Information technology | $371 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,540 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,446 |
| All other expenses | $15 |
| Total functional expenses | $312,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,904 |
| Savings and temporary cash investments | $413,284 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,068,763 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,509,951 |
| Accounts payable and accrued expenses | $11,171 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,171 |
| Net assets without donor restrictions | $1,498,780 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,509,951 |
Grants Awarded
Over the last fiscal year, Louisville Downtown Lions Charities Inc has awarded $222,183 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED CRESCENT HILL MINISTRIES PURPOSE: GENERAL OPERATIONS | $5,000 |
THE SALVATION ARMY PURPOSE: GENEREAL OPERATIONS | $13,000 |
VISUALLY IMPAIRED PRESCHOOL SERVICES INC PURPOSE: PRESCHOOL PROGRAM | $50,500 |
TODD CRAWFORD FD TO CURE PARALYSIS INC PURPOSE: GENERAL OPERATIONS | $5,000 |
KENTUCKY LIONS EYE FOUNDATION PURPOSE: GENERAL OPERATIONS | $29,592 |
U OF L HEALTH FOUNDATION PURPOSE: ALCON ARGOS BIOMETRY UNIT | $50,000 |