Louisville Skating Academy Inc is located in Louisville, KY. The organization was established in 2003. According to its NTEE Classification (N68) the organization is classified as: Winter Sports, under the broad grouping of Recreation & Sports and related organizations. As of 03/2024, Louisville Skating Academy Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisville Skating Academy 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 03/2024, Louisville Skating Academy Inc generated $518.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $495.7k during the year ending 03/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE AND FOSTER THE ATHLETIC AND RECREATIONAL BENEFITS OF FIGURE SKATING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BASIC SKILLS GROUP LESSONS - THIS PROGRAM WAS INITIATED 9/16/2000. THIS PROGRAM USES MORE THAN 50% OF THE TOTAL RESOURCES.
CAMPS - OPEN TO THE PUBLIC TO INSTRUCT BEGINNING AND INTERMEDIATE SKATERS. THIS PROGRAM WAS INITIATED 7/1/2001.
COMPETITIONS - PROVIDES OPPORTUNITY TO COMPETE WITH OTHER SKATERS IN THE REGION. THIS PROGRAM WAS INITIATED 2/1/2002.
SHOWS - PROVIDES SKATERS OF ALL LEVELS TO SKATE IN FRONT OF AN AUDIENCE AND DEMONSTRATE THEIR SKILLS. THIS PROGRAM WAS INITIATED 4/1/2001.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hilary Pohn President | Officer | 12 | $0 |
Matthew Byrdwell Vice President | Officer | 12 | $0 |
Jonathan Becker Treasurer | Officer | 12 | $0 |
Mary Vaughn Secretary | Officer | 12 | $10,245 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $23,100 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $23,100 |
Total Program Service Revenue | $488,971 |
Investment income | $2,766 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $3,251 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $518,088 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 | $38,000 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,907 |
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 | $10,648 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
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 | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $55,386 |
Total functional expenses | $495,698 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $130,209 |
Savings and temporary cash investments | $75,153 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $205,362 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $0 |
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 | $205,362 |
Total liabilities and net assets/fund balances | $205,362 |