Louisville Bar Center Inc
- Assets
- $179.0k
- Revenue
- $61.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 12/1996
- Data as of
- 12/2021
- EIN
- 61-1307946
Organization Overview
Louisville Bar Center Inc is located in Louisville, KY. The organization was established in 1996. According to its NTEE Classification (J05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisville Bar Center 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 12/2021, Louisville Bar Center Inc generated $61.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $36.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE LEGAL PROFESSION, THE STUDY OF LAW, AND PROVIDE LAW RELATED BENEFITS TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FACILITIES TO PROMOTE THE STUDY AND PROFESSION OF LAW, SPONSOR CONTINUING EDUCATION FOR LAWYERS AND PROVIDE EDUCATION OF LAW TO THE GENERAL PUBLIC.
TO PROVIDE VIDEO AND DIGITAL TECHNOLOGY FOR JEFFERSON COUNTY COURTROOMS.
ACTIVITIES THAT EXPAND THE COMMUNITY OUTREACH OF THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian R Armstrong Secretary | OfficerTrustee | 1 | $0 |
Deena G Ombres President | OfficerTrustee | 1 | $0 |
Peter H Wayne IV Past President | OfficerTrustee | 1 | $0 |
Seth A Gladstein President-Elect | OfficerTrustee | 1 | $0 |
Kate L Crosby Vice President/treasurer | OfficerTrustee | 1 | $0 |
D Scott Furkin Executive Director (thru 11/7) | Officer | 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 | $10,951 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,951 |
| Total Program Service Revenue | $50,560 |
| Investment income | $19 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $61,530 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,865 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $892 |
| Information technology | $1,200 |
| Royalties | $0 |
| Occupancy | $11,817 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,651 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $36,922 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $132,275 |
| Pledges and grants receivable | $2,615 |
| Accounts receivable, net | -$329 |
| 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 | $44,473 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $179,034 |
| Accounts payable and accrued expenses | $4,118 |
| Grants payable | $0 |
| Deferred revenue | $17,725 |
| 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 | $21,843 |
| Net assets without donor restrictions | $157,184 |
| Net assets with donor restrictions | $7 |
| 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 | $179,034 |
Grants Awarded
Over the last fiscal year, Louisville Bar Center Inc has awarded $17,720 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Louisville, KY PURPOSE: TO DEFRAY COSTS OF PRO-BONO AND PUBLIC SERVICE PROGRAMS. | $12,000 |
Louisville, KY PURPOSE: PROGRAM SERVICES. | $5,720 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Incentive Research Foundation Mclean, VA | $939,157 | $1,112,933 |
Justjobs Network Inc McLean, VA | $198,918 | $868,230 |
Orthopedics Capital Foundation Inc Warsaw, IN | $1,773,220 | $1,764,272 |
Louisville Bar Center Inc Louisville, KY | $179,034 | $61,530 |
Quantum Leaps Inc Alexandria, VA | $49,691 | $0 |
Missouri Workers Center Saint Louis, MO | $57,061 | $0 |
Pyramid Foundation Inc Lexington, KY | $155,006 | $0 |
Enterprise Action Committee Arlington, VA | $2,541 | $0 |