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Nonprofiteer
← THE LOUISVILLE ORCHESTRA INC

Form 990 for tax year 2024

Filed by THE LOUISVILLE ORCHESTRA INC.

Totals

Total revenue
$16,312,051
Total expenses
$13,427,341
Contributions and grants received
$12,235,961
Grants paid
$0
Program service revenue
$3,294,603
Investment income
$809,287
Other revenue
-$27,800
Total assets, end of year
$10,679,195
Total liabilities, end of year
$1,777,853
Net assets or fund balances, end of year
$8,901,342
Program services expenses (Part IX)
$11,251,084
Management and general expenses
$1,376,220
Fundraising expenses
$800,037
Program service expenses (Part III)
$11,251,084

Program services were 83.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $267,291

  • 1c · Fundraising events

    $594,608

  • 1d · Related organizations

    $121,946

  • 1e · Government grants (contributions)

    $4,475,125

  • 1f · All other contributions, gifts and grants

    $6,776,991

  • 1g · Noncash contributions included above

    $266,481

  • 2a · Program service revenue: CONCERT REVENUE

    total $2,649,528 · related or exempt $2,649,528

  • 2b · Program service revenue: CONTRACT REVENUE

    total $645,075 · related or exempt $645,075

  • 3 · Investment income

    total $743,121 · excluded $743,121

  • 7a · Gross sales of assets other than inventory

    securities $66,166

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $66,166

  • 7d · Net gain or loss

    total $66,166 · excluded $66,166

  • 8a · Fundraising events: gross income

    $16,350

  • 8a · Fundraising events: contributions included on line 1c

    $594,608

  • 8b · Fundraising events: direct expenses

    $87,936

  • 8c · Net income from fundraising events

    total -$71,586 · excluded -$71,586

  • 10a · Gross sales of inventory

    $10,646

  • 10b · Cost of goods sold

    $6,659

  • 10c · Net income from sales of inventory

    total $3,987 · related or exempt $3,987

  • 11a · Other revenue: OTHER INCOME

    total $39,799 · related or exempt $39,799

  • 11e · Other revenue, total

    $39,799

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,067,513 · program services $410,581 · management and general $374,444 · fundraising $282,488

  • 7 · Other salaries and wages

    total $5,503,269 · program services $5,016,257 · management and general $204,366 · fundraising $282,646

  • 8 · Pension plan contributions

    total $203,722 · program services $192,811 · management and general $5,451 · fundraising $5,460

  • 9 · Other employee benefits

    total $768,634 · program services $661,986 · management and general $66,052 · fundraising $40,596

  • 10 · Payroll taxes

    total $642,762 · program services $547,276 · management and general $46,237 · fundraising $49,249

  • 11a · Fees: management

    total $86,828 · management and general $70,872 · fundraising $15,956

  • 11b · Fees: legal

    total $55,357 · management and general $55,357

  • 11c · Fees: accounting

    total $23,075 · management and general $23,075

  • 11f · Fees: investment management

    total $11,673 · management and general $11,673

  • 11g · Fees: other

    total $1,791,075 · program services $1,756,075 · management and general $30,000 · fundraising $5,000

  • 12 · Advertising and promotion

    total $742,336 · program services $742,336

  • 13 · Office expenses

    total $209,249 · program services $57,099 · management and general $128,813 · fundraising $23,337

  • 14 · Information technology

    total $122,177 · program services $81,044 · management and general $36,322 · fundraising $4,811

  • 16 · Occupancy

    total $459,434 · program services $326,187 · management and general $133,247

  • 17 · Travel

    total $201,322 · program services $182,796 · management and general $11,260 · fundraising $7,266

  • 20 · Interest

    total $113 · management and general $113

  • 22 · Depreciation, depletion and amortization

    total $66,759 · program services $17,722 · management and general $49,037

  • 23 · Insurance

    total $51,708 · program services $714 · management and general $50,994

  • 24a · Other expenses: CONCERT EXPENSES

    total $692,575 · program services $692,575

  • 24b · Other expenses: TICKET OFFICE FEES

    total $242,935 · program services $242,935

  • 24c · Other expenses: MUSIC

    total $174,780 · program services $174,780

  • 24d · Other expenses: DEVELOPMENT EXPENSE

    total $83,228 · fundraising $83,228

  • 24e · All other expenses

    total $226,817 · program services $147,910 · management and general $78,907

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $18,830 · end of year $715,990

  • 2 · Savings and temporary cash investments

    beginning of year $212 · end of year $3,186,032

  • 3 · Pledges and grants receivable

    beginning of year $3,866,277 · end of year $3,571,869

  • 4 · Accounts receivable

    beginning of year $108,254 · end of year $23,580

  • 8 · Inventories for sale or use

    end of year $5,375

  • 9 · Prepaid expenses and deferred charges

    beginning of year $273,038 · end of year $383,827

  • 10a · Land, buildings and equipment: cost or other basis

    $1,095,761

  • 10b · Land, buildings and equipment: accumulated depreciation

    $604,425

  • 10c · Land, buildings and equipment, net

    beginning of year $176,948 · end of year $491,336

  • 11 · Investments: publicly traded securities

    beginning of year $1,519,420 · end of year $1,561,343

  • 15 · Other assets

    beginning of year $1,845,457 · end of year $739,843

  • 17 · Accounts payable and accrued expenses

    beginning of year $356,502 · end of year $422,544

  • 19 · Deferred revenue

    beginning of year $790,350 · end of year $808,951

  • 25 · Other liabilities

    beginning of year $706,322 · end of year $546,358

  • 27 · Net assets without donor restrictions

    beginning of year $1,090,929 · end of year $1,097,949

  • 28 · Net assets with donor restrictions

    beginning of year $4,864,333 · end of year $7,803,393

Mission and programs · 2024

Mission

TO CHANGE LIVES THROUGHOUT OUR ENTIRE COMMUNITY AS ONLY THE LOUISVILLE ORCHESTRA CAN, BY PROMOTING A CULTURE OF MUSIC THROUGH OUTSTANDING PERFORMANCES AND EDUCATION.

  • TO MAINTAIN A SYMPHONY ORCHESTRA AND TO ENCOURAGE AND PROMOTE ARTIST AND EDUCATIONAL MUSICAL OPPORTUNITIES.

    Expenses $11,251,084 · Revenue $3,338,389

As filed on the 2024 return.

Listed in Part VII

  • GRAHAM PARKER

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $287,099
    From this org
    $277,806
    From related orgs
    $0
    Other
    $9,293
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $262,806
    Bonus
    $15,000
    Other
    $0
    Deferred
    $1,386
    Nontaxable benefits
    $7,907
    Filer's total
    $287,099
  • TONYA MCSORLEY

    CHIEF FINANCIAL OFFICER

    Total calculated
    $145,154
    From this org
    $133,476
    From related orgs
    $0
    Other
    $11,678
    Hours/week
    40
  • GABRIEL LEFKOWITZ

    ORCHESTRA CONCERTMASTER

    Total calculated
    $132,665
    From this org
    $121,596
    From related orgs
    $0
    Other
    $11,069
    Hours/week
    40
  • EDWARD SCHADT

    DIRECTOR OF LEADERSHIP GIV

    Total calculated
    $120,895
    From this org
    $117,220
    From related orgs
    $0
    Other
    $3,675
    Hours/week
    40
  • NATHANIEL KOCH

    CHIEF OF STAFF

    Total calculated
    $117,224
    From this org
    $107,426
    From related orgs
    $0
    Other
    $9,798
    Hours/week
    40
  • SCOTT LEGER

    MUSICIAN - BOARD OF DIRECTORS

    Total calculated
    $65,236
    From this org
    $54,167
    From related orgs
    $0
    Other
    $11,069
    Hours/week
    40
  • JONATHAN MUELLER

    MUSICIAN - BOARD OF DIRECTORS

    Total calculated
    $62,748
    From this org
    $51,679
    From related orgs
    $0
    Other
    $11,069
    Hours/week
    40
  • ANDREW FLEISCHMAN

    CHAIR AND GENERAL COUNSEL

    Total calculated
    $0
    Hours/week
    1 + 0.5 related
  • RITU FURLAN

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • JORDAN HARRIS

    CHAIR ELECT/CO-CHAIR DEV

    Total calculated
    $0
    Hours/week
    1
  • LEE KIRKWOOD

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1
  • JEFF ROBERTS

    TREASURER/VP OF FINANCE

    Total calculated
    $0
    Hours/week
    1 + 0.5 related
  • BRUCE ROTH

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • MARY ELLEN WIEDERWOHL

    CHAIR-GOVERNANCE

    Total calculated
    $0
    Hours/week
    1
  • MAGGIE FAUREST

    CO-CHAIR-DEVELOPMENT

    Total calculated
    $0
    Hours/week
    1
  • CAROLE BIRKHEAD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CHRISTINA BROWN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • STACHELL BUSSEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • SUSAN DIAMOND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MARIAH GRATZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • PAULA HARSHAW

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DON KOHLER JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CAROL BARR MATTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MICHELLE MITCHELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • SUSAN MOREMEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • GUY MONTGOMERY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • TIM MULLOY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KHOA NGUYEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DENISE SCHILLER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • AKHIL SURESH NAIR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • GARY SLOBODA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DENNIS STILGER JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ROBERT WIMSATT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CAROL HEBEL

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1
  • WINONA SHIPREK

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1
  • SUSAN VON HOVEN

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1
  • LINDSAY VALLANDINGHAM

    AT LARGE MEMBER/ALO PRES.

    Total calculated
    $0
    Hours/week
    1
  • JAMES S WELCH JR

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1 + 0.5 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • MAMMOTH PRODUCTIONS LLC

    FILM PRODUCTION · DE

    Directly controlled by LOUISVILLE ORCHESTRA INC

Provenance

Return type
form_990
Tax year
2024
Filed
6 April 2026
IRS schema version
2024v5.5
Source object
202630969349301273

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