Association Of The Louisville Orchestra Inc
EIN: 616027223 · Louisville, KY · NTEE: A69Z
| Metric | Value |
|---|---|
| Total Revenue | $130K |
| Total Expenses | $94K |
| Net Assets | $57K |
Is Association Of The Louisville Orchestra Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Association Of The Louisville Orchestra Inc
Association Of The Louisville Orchestra Inc (EIN: 616027223) is a nonprofit organization based in Louisville, KY, classified under NTEE code A69Z. The organization reported total revenue of $130K and total assets of $76K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Association Of The Louisville Orchestra Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Association Of The Louisville Orchestra Inc is a small nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $130K |
| Total Expenses | $94K |
| Surplus / Deficit | +$37K |
| Total Assets | $57K |
| Net Assets | $57K |
| Operating Margin | 28.2% |
| Months of Reserves | 7.4 months |
Financial Health Grade: A
In 2023, Association Of The Louisville Orchestra Inc reported a surplus of $37K with revenue exceeding expenses, holds 7.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Association Of The Louisville Orchestra Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +59.0% | +10.3% | +177.3% |
| 2022 | -13.8% | +4.6% | -12.4% |
| 2021 | +1.3% | -18.6% | +142.3% |
| 2020 | -22.3% | -16.1% | -37.7% |
| 2019 | +5.1% | +10.2% | +13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Association Of The Louisville Orchestra Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Association Of The Louisville Orchestra Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $37K, with revenue exceeding expenses.
Frequently Asked Questions about Association Of The Louisville Orchestra Inc
Is Association Of The Louisville Orchestra Inc a legitimate charity?
Association Of The Louisville Orchestra Inc (EIN: 616027223) is a registered tax-exempt nonprofit based in Kentucky. It has 13 years of IRS 990 filings on record. Total revenue: $130K. No red flags identified. Financial health grade: A.
How does Association Of The Louisville Orchestra Inc spend its money?
Association Of The Louisville Orchestra Inc reported $130K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Association Of The Louisville Orchestra Inc tax-deductible?
Association Of The Louisville Orchestra Inc is registered as a tax-exempt nonprofit (EIN: 616027223). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Association Of The Louisville Orchestra Inc located?
Association Of The Louisville Orchestra Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 616027223. It is classified under NTEE code A69Z.
How many years of IRS 990 filings does Association Of The Louisville Orchestra Inc have?
Association Of The Louisville Orchestra Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $130K in total revenue.
Filing History
IRS 990 filing history for Association Of The Louisville Orchestra Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Association Of The Louisville Orchestra Inc's revenue has grown by 32.9%, moving from $98K to $130K. Total assets decreased by 14.2% over the same period, from $67K to $57K. Total functional expenses rose by 28.4%, from $73K to $94K. In its most recent filing year (2023), Association Of The Louisville Orchestra Inc reported a surplus of $37K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $130K | $94K | $57K | $0 | — | View 990 |
| 2022 | $82K | $85K | $21K | $0 | — | View 990 |
| 2021 | $95K | $81K | $24K | $0 | — | View 990 |
| 2020 | $94K | $100K | $10K | $0 | — | — |
| 2019 | $121K | $119K | $16K | $0 | — | View 990 |
| 2018 | $115K | $108K | $14K | $0 | — | View 990 |
| 2017 | $112K | $115K | $7K | $0 | — | — |
| 2016 | $111K | $121K | $10K | $0 | — | View 990 |
| 2015 | $121K | $122K | $19K | $0 | — | View 990 |
| 2014 | $118K | $119K | $20K | $0 | — | View 990 |
| 2013 | $124K | $121K | $21K | $0 | — | View 990 |
| 2012 | $98K | $147K | $18K | $0 | — | View 990 |
| 2011 | $98K | $73K | $67K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $130K, expenses of $94K, and assets of $57K (revenue +59.0% year-over-year).
- 2022: Revenue of $82K, expenses of $85K, and assets of $21K (revenue -13.8% year-over-year).
- 2021: Revenue of $95K, expenses of $81K, and assets of $24K (revenue +1.3% year-over-year).
- 2020: Revenue of $94K, expenses of $100K, and assets of $10K (revenue -22.3% year-over-year).
- 2019: Revenue of $121K, expenses of $119K, and assets of $16K (revenue +5.1% year-over-year).
- 2018: Revenue of $115K, expenses of $108K, and assets of $14K (revenue +2.5% year-over-year).
- 2017: Revenue of $112K, expenses of $115K, and assets of $7K (revenue +0.8% year-over-year).
- 2016: Revenue of $111K, expenses of $121K, and assets of $10K (revenue -8.2% year-over-year).
- 2015: Revenue of $121K, expenses of $122K, and assets of $19K (revenue +2.6% year-over-year).
- 2014: Revenue of $118K, expenses of $119K, and assets of $20K (revenue -4.5% year-over-year).
- 2013: Revenue of $124K, expenses of $121K, and assets of $21K (revenue +26.1% year-over-year).
- 2012: Revenue of $98K, expenses of $147K, and assets of $18K (revenue +-0.0% year-over-year).
- 2011: Revenue of $98K, expenses of $73K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Association Of The Louisville Orchestra Inc:
Data Sources and Methodology
This transparency report for Association Of The Louisville Orchestra Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.