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Louisville Orchestra Endowment Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 832138568 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Louisville Orchestra Endowment Inc?

Louisville Orchestra Endowment Inc, based in Louisville, Kentucky, serves as a nonprofit organization with a primary mission to collect and distribute funds for the benefit of the Louisville Orchestra. The endowment's activities are focused on supporting the capital, operational, and programming expenses of the orchestra. By soliciting and receiving contributions and gifts, the endowment aims to contribute to the continued existence and success of the Louisville Orchestra, providing a vital source of financial support for the renowned musical organization.

Is Louisville Orchestra Endowment Inc legitimate?

Louisville Orchestra Endowment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisville Orchestra Endowment Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Louisville Orchestra Endowment Inc?

The Louisville Orchestra Endowment Inc, in its mission, focuses on privately soliciting and receiving contributions and gifts with the aim of providing funds for the operational, capital, and programming expenses of the Louisville Orchestra Inc. The primary objective of the endowment is to distribute its funds for public, charitable, and/or educational purposes, benefitting the orchestra solely. The endowment's funds are utilized to support the orchestra's operations, ensuring its continued existence and growth.

Who is the CEO of Louisville Orchestra Endowment Inc?

Paul W Thompson is the Board Chair of Louisville Orchestra Endowment Inc.

What is the revenue of Louisville Orchestra Endowment Inc?

Louisville Orchestra Endowment Inc's revenue in 2022 was $946,020.

Who are the executives of Louisville Orchestra Endowment Inc and what are their salaries?

There 8 volunteers at Louisville Orchestra Endowment Inc.


Here are 8 key members and their salaries:


Paul W Thompson (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ritu Furlan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Edward Glasscock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James S Welch Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James R Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Ballard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Trager-Kusman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Kirkwood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Louisville Orchestra Endowment Inc?

Louisville Orchestra Endowment Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Louisville Orchestra Endowment Inc

The Louisville Orchestra Endowment, Inc. is a dedicated organization that focuses on privately soliciting and receiving contributions and gifts with a specific purpose. This purpose is to provide funds for the capital, operating, and programming costs of the Louisville Orchestra, Inc. In essence, the Louisville Orchestra Endowment, Inc. acts as a financial support system, distributing its funds for public, charitable, and/or educational purposes, solely benefiting the Louisville Orchestra. The primary goal is to ensure the orchestra's continued operation and success, ensuring that it can continue to enrich the community through its music.

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Impact




October, 2024

The Louisville Orchestra Endowment Inc. plays a crucial role in sustaining and enhancing the cultural fabric of Louisville through its support of the Louisville Orchestra. By privately soliciting and receiving contributions, it provides essential funding that helps cover capital, operating, and programming costs associated with the orchestra's activities. This financial backing allows the orchestra to present a diverse range of performances, foster artistic innovation, and engage with the community through educational initiatives.

The impact of the endowment is multifaceted, contributing to the vibrancy of the local arts scene while ensuring that the orchestra can deliver high-quality musical experiences. Its support also enables outreach programs that educate and inspire future generations, promoting a lifelong appreciation for the arts. By investing in the orchestra's stability and growth, the Louisville Orchestra Endowment Inc. not only preserves an important cultural institution but also enriches the lives of residents and visitors in Louisville.




This information is meant to be a general summary of Louisville Orchestra Endowment Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$946,020 (2022)
Expenses
$33,365 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $199,133
  • Gross Receipts: $1,053,337

Assets and Liabilities:

  • Total Assets: $4,426,698
  • Total Liabilities: $1,000,825
  • Net Assets: $3,425,873

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Organization Details

Founding Year

2018

Principal Officer

Paul W Thompson

Main Address

624 WEST MAIN STREET SUITE 400, LOUISVILLE, KY, 40202

NTEE Category

Code: A11 - Arts

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