Public Benefit : Fundraising Organizations

Fund for the Arts

Increasing revenues for the arts

Rating

Overall Rating    
      (61.42)
Organizational Efficiency      
Program Expenses 89.2%    
Administrative Expenses 2.0%    
Fundraising Expenses 8.6%    
Fundraising Efficiency $0.08    
Efficiency Rating    
      (38.92)
Organizational Capacity      
Primary Revenue Growth 13.2%    
Program Expenses Growth 17.9%    
Working Capital Ratio (years) 0.23    
Capacity Rating    
      (22.50)

Income Statement     (FYE 06/2007)

Revenue  
Primary Revenue $11,254,217
Other Revenue $157,447
Total Revenue $11,411,664
   
Expenses  
Program Expenses $9,886,904
Administrative Expenses $228,188
Fundraising Expenses $958,314
Total Functional Expenses $11,073,406
   
Payments to Affiliates $0
Excess (or Deficit) for the year $338,258
   
Net Assets $3,875,022

Charts

Expenses Breakdown

Expenses Legend

Revenue/Expenses Trend

Revenue-Expense Legend

Contact Information

Fund for the Arts
623 West Main Street
Louisville, KY 40202
tel: (502) 582-0100
fax: (502) 582-0149
EIN: 61-0479626

Contact Email
Visit Web Site

Leadership      (FYE 06/2007)

Name Title Compensation % of Expenses
Allan Cowen President (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) $275,933 2.49%

Donor Privacy Policy

YES, this charity has a written donor privacy policy.

Mission

The Fund for the Arts' mission is to increase revenues for the arts and to enable our community to become the preeminent regional arts center in the United States and to maximize the impact of the arts on overall economic development, education of our children and the enjoyment of living in our community. We accomplish our mission through the enhancements and preservation of resources by providing excellent service. The Fund for the Arts, the oldest united arts fund in the country, has raised over $148 million in the community since its establishment in 1949. In 2008, the Fund raised over $9 million, a long way from its first campaign in 1949, of $99,000.

Charities Performing Similar Types of Work

Charity Name Overall Score Overall Rating
Fund for the Arts - KY 61.42
United Arts of Central Florida - FL 57.66
New England Foundation for the Arts - MA 60.29
Arts & Science Council - NC 56.30
The Ellington Fund - DC 62.68
Compare These Charities (Highly Rated)
Charity Name Overall Score Overall Rating
Fund for the Arts - KY 61.42
Americans for the Arts - DC 52.51
Arts & Science Council - NC 56.30
Arts Partnership of Greater Spartanburg - SC 60.19
New York Foundation for the Arts - NY 56.45
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