Louisville Ballet
Impact & Measurement
Accountability & Finance
Culture & Community
Leadership & Adaptability
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Louisville Ballet

 
501(c)(3) organization
Donations are tax-deductible
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315 East Main Street
Louisville KY 40202

Louisville KY | IRS ruling year: 1953 | EIN: 61-6033779  
infoAn EIN is a unique nine-digit number that identifies a business for tax purposes.
 
Organization Mission
Louisville Ballet, the official ballet of the commonwealth of Kentucky, was founded in March 1952 as a civic ballet company. The Louisville Ballet named Bruce Simpso ...
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Rating Information

rating
Needs Improvement

This charity's score is 67%, earning it a Two-Star rating.

This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

Historical Ratings
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Rating Report

Accountability & Finance
Score

67

Most Recent Fiscal Year:
FY 2023
This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.
 

Key Accountability Metrics

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Majority Independent Board Members - 100% independent members
10 out of 10 points  plus
Independent Board Size - 27 independent members
10 out of 10 points  plus
Financial Statements - Audit and Oversight Committee
20 out of 20 points  plus
Material Diversion of Assets - None
20 out of 20 points  plus

Tax Form Disclosures and Policies

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Website Listed on Tax Form - Listed
5 out of 5 points  plus
Conflict of Interest Policy - Listed
5 out of 5 points  plus
Whistleblower Policy - Listed
5 out of 5 points  plus
Document Retention and Destruction - Listed
5 out of 5 points  plus
Documents Board Meeting Minutes - Yes
5 out of 5 points  plus
Tax Form Distributed to Board Before Filing - Missing
0 out of 5 points  plus
Loans to/from Officers - Listed
0 out of 5 points  plus

Website Disclosures

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Partial Credit
  
No Credit
Tax Form Posted on Nonprofit's Website - Missing
0 out of 5 points  plus

Financial Metrics

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Liabilities to Assets: Ratio - 111.50%
0 out of 25 points  plus
Program Expense: Ratio - 82.91%
25 out of 25 points  plus
Fundraising Efficiency: Ratio - $0.07
25 out of 25 points  plus
Working Capital: Ratio - -0.11 years
0 out of 25 points  plus

Additional Information

Total Revenue and Expenses - Data Available
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Salary of Key Persons - Data Available
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IRS Published Data (Business Master File) - Data Available
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Data Sources (IRS Forms 990) - Data Available
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