American Advertising Federation Of Louisville Inc is located in Louisville, KY. The organization was established in 1956. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Advertising Federation Of Louisville Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 07/2021, American Advertising Federation Of Louisville Inc generated $103.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.6%) each year. All expenses for the organization totaled $134.5k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (15.7%) per year over the past 6 years. 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
ASSOCIATION OF INDIVIDUALS AND ENTITIES IN THE FIELD OF ADVERTISING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLUB PROJECTS INCLUDING FALL DAY AT THE RACES, SPRING DAY AT THE RACES, SUMMER OUTINGS, PUB/MEDIA AWARDS NIGHT AND MEDIA AUCTION.
MEMBERSHIP PROGRAMS, SPEAKERS, CONTINUING EDUCATION INCLUDING MEALS, MONTHLY PROGRAMS, UL/KCEE TEACHER'S COURSE AND AWARDS/MEETING NOTICES.
PUBLICATIONS, ROSTER AND MEMBERSHIP LISTINGS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Allison Deely Executive Di | Officer | 5 | $68,585 |
Elizabeth Kitterman 1st Vice Pre | Officer | 5 | $0 |
Joan Noles Life Member | Officer | 5 | $0 |
Kelley Kerger Board Chair | Officer | 7 | $0 |
Jen Bryant Past Governo | Officer | 5 | $0 |
Kaitlyn Mcmillin Treasurer | Officer | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $29,008 |
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 | $29,008 |
Total Program Service Revenue | $58,309 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,825 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $103,274 |
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 | $45,724 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $27,573 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,936 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $905 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $4,226 |
Information technology | $3,248 |
Royalties | $0 |
Occupancy | $3,557 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $734 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,644 |
All other expenses | $3,949 |
Total functional expenses | $134,508 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $57,510 |
Savings and temporary cash investments | $2,516 |
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 | $1,358 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $72,455 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $133,839 |
Accounts payable and accrued expenses | $6,231 |
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 | $33,888 |
Total liabilities | $40,119 |
Net assets without donor restrictions | $93,720 |
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 | $133,839 |
Beg. Balance | $114,225 |
Earnings | $31,824 |
Admin Expense | $1,736 |
Grants | $5,000 |
Ending Balance | $139,313 |
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