Association of the Louisville Orchestra Inc

Analysis

Association of the Louisville Orchestra Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in March 1968, 58 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Association of the Louisville Orchestra Inc reported income of $130k and spending of $94k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $121k to $130k (+8.0%), an average of +1.9% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Association of the Louisville Orchestra Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within KY. Charities of a similar size with the same main cause include Campaign for the Preservation of Mission San Antonio de Padua ($130k), Sylvania Community Arts Commission Inc ($130k) and Stages Performing Arts Youth Academy ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.