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 05/2022, Louisville Orchestra Inc employed 159 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 05/2022, Louisville Orchestra Inc generated $11.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $8.9m during the year ending 05/2022. While expenses have increased by 3.6% per year over the past 7 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

2022

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$637,000
Membership dues$0
Fundraising events$106,600
Related organizations$527,208
Government grants $3,256,327
All other contributions, gifts, grants, and similar amounts not included above$5,462,644
Noncash contributions included in lines 1a–1f $110,293
Total Revenue from Contributions, Gifts, Grants & Similar$9,989,779
Total Program Service Revenue$1,319,037
Investment income $64,245
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,710
Net Income from Fundraising Events -$52,854
Net Income from Gaming Activities $178,659
Net Income from Sales of Inventory $65
Miscellaneous Revenue$0
Total Revenue $11,516,592

Grants Recieved

Over the last fiscal year, we have identified 2 grants that The Louisville Orchestra Inc has recieved totaling $2,250.

Awarding OrganizationAmount
Arthur H Kenney Ophthalmic Fund

Pittsburgh, PA

PURPOSE: GENERAL SUPPORT

$2,000
Bruckner Society Of America Inc

Windsor, CT

PURPOSE: GRANT FOR PERFORMANCE

$250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,714,522
Earnings-$125,987
Admin Expense$12,656
Other Expense$107,716
Ending Balance$1,468,163

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