The Louisville Orchestra Inc

Organization Overview

The Louisville Orchestra Inc is located in Louisville, KY. The organization was established in 1948. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 05/2023, Louisville Orchestra Inc employed 250 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisville Orchestra 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 05/2023, Louisville Orchestra Inc generated $14.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $12.3m during the year ending 05/2023. While expenses have increased by 7.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO CHANGE LIVES THROUGHOUT OUR ENTIRE COMMUNITY AS ONLY THE LOUISVILLE ORCHESTRA CAN, BY PROMOTING A CULTURE OF MUSIC THROUGH OUTSTANDING PERFORMANCES AND EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO MAINTAIN A SYMPHONY ORCHESTRA AND TO ENCOURAGE AND PROMOTE ARTIST AND EDUCATIONAL MUSICAL OPPORTUNITIES.


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Financial Statements

Statement of Revenue
Federated campaigns$573,300
Membership dues$0
Fundraising events$299,921
Related organizations$546,231
Government grants $4,681,000
All other contributions, gifts, grants, and similar amounts not included above$6,082,262
Noncash contributions included in lines 1a–1f $25,000
Total Revenue from Contributions, Gifts, Grants & Similar$12,182,714
Total Program Service Revenue$2,409,226
Investment income $150,968
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$29,846
Net Income from Fundraising Events -$23,130
Net Income from Gaming Activities $20,288
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,770,476

Peer Organizations

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Indiana Symphony Society Inc
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$23,085,928
The Louisville Orchestra Inc
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$14,770,476
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Chattanooga Symphony And Opera Association
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South Bend Symphony Orchestra Association Inc
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Elgin Symphony Orchestra Assoc
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Evansville Philharmonic Orchestra
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Wheeling Symphony Society Inc
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Roanoke Symphony Orchestra
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Greater Akron Musical Association Inc Sponsor For Akron Symphony Orc
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Cleveland Pops Orchestra
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