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Arts, Culture, Humanities : Performing Arts

Louisville Orchestra

High performance

three stars

89.29

620 West Main Suite 600
Louisville, KY 40202
tel: (502) 587-8681   Web Site
EIN: 61-6000384

Board Leadership
John P. Malloy
President

  Score
(out of 100)
Rating
Overall Score & Rating 89.29 three stars
  Financial 90.76 four stars
  Accountability & Transparency 88.00 three stars
This rating was published 04/01/2021 and includes data from FY2019, the most recent 990 received at that time.

The Louisville Orchestra (LO) was founded in 1937, and is the largest and only full-time professional orchestra in the Commonwealth of Kentucky and has been instrumental to the development of new music through commissioning, performance and recording. The LO offers a wide variety of concerts and educational programs to the community featuring world-renowned guest artists and conductors, classic and pops performances, and extensive school, family and community engagement offerings. The LO's legacy education program MakingMUSIC, is nationally recognized and reaches every 4th and 5th grade student in all 92 JCPS elementary schools. The LO reaches more than 70,000 residents each season including 20,000 school children through in-school programs and concert hall presentations. Teddy Abrams' vision is to position the Louisville Orchestra as "the most interesting orchestra on the planet" by defining what it means to be an orchestra in the 21st century.

The Louisville Orchestra (LO) was founded in 1937, and is the largest and only full-time professional orchestra in the Commonwealth of Kentucky and has been instrumental to the development of new music through commissioning, performance and recording. The LO offers a wide variety of concerts and educational programs to the community featuring world-renowned guest artists and conductors, classic and pops performances, and extensive school, family and community engagement offerings. The LO's legacy education program MakingMUSIC, is nationally recognized and reaches every 4th and 5th grade student in all 92 JCPS elementary schools. The LO reaches more than 70,000 residents each season including 20,000 school children through in-school programs and concert hall presentations. Teddy Abrams' vision is to position the Louisville Orchestra as "the most interesting orchestra on the planet" by defining what it means to be an orchestra in the 21st century.

Financial

four stars

90.76

Accountability & Transparency

three stars

88.00

This rating was published 04/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
85.0%
  Administrative Expenses 9.8%
  Fundraising Expenses 5.1%
  Fundraising Efficiency $0.07
  Working Capital Ratio (years) 0.33
  Program Expenses Growth 5.3%
  Liabilities to Assets 19.0%
All data for Financial Performance Metrics calculations was provided by Louisville Orchestra on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Louisville Orchestra on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Louisville Orchestra (KY) 89.29 three stars
Southwest Florida Symphony (FL) 89.89 three stars
Apollo's Fire (OH) 88.54 three stars
The Amarillo Symphony (TX) 89.62 three stars
South Dakota Symphony Orchestra (SD) 91.10 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,432,294
   Federated Campaigns $833,202
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $243,003
   Government Grants $84,489
Total Contributions $5,592,988
   Program Service Revenue $2,387,582
Total Primary Revenue $7,980,570
   Other Revenue $437,567
TOTAL REVENUE $8,418,137
   
EXPENSES  
   Program Expenses $6,260,688
   Administrative Expenses $824,270
   Fundraising Expenses $369,171
TOTAL FUNCTIONAL EXPENSES $7,454,129
   
Payments to Affiliates $0
Excess (or Deficit) for the year $964,008
   
Net Assets $3,394,889

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Maintaining Symphony Orchestra $6,260,688 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-05 04/01/2021 89.29 three stars
2018-05 08/01/2019 90.78 four stars
2017-05 08/01/2018 88.89 three stars
2016-05 11/01/2017 90.58 four stars
2015-05 11/01/2016 85.42 three stars
2014-05 06/01/2016 85.26 three stars
 
CN 2.0
2014-05 10/01/2015 86.09 three stars
2013-05 11/01/2014 77.86 two stars
2012-05 10/01/2013 71.48 two stars
2011-05 09/01/2012 77.81 two stars
2010-05 10/01/2011 77.17 two stars
2010-05 09/20/2011 78.34 two stars
 
CN 1.0
2010-05 07/01/2011 71.41 two stars
2009-05 06/01/2010 76.04 two stars
2008-05 08/01/2009 92.92 four stars
2007-05 06/01/2008 93.44 four stars
2006-05 02/01/2007 89.76 three stars
2005-05 06/01/2006 88.80 three stars
2004-05 04/01/2005 89.87 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 61-6000384
Name in IRS Master File THE LOUISVILLE ORCHESTRA INC
NTEE Code A69
NTEE Classification Symphony Orchestras
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (119) Other cultural or historical activities
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 1948
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End May
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • May, 2018
  • May, 2017
  • May, 2016
  • May, 2015
  • May, 2014
Compensation % of Expenses Paid to Title
None reported -- This organization did not report a CEO
Other Salaries of Note
$118,454 1.58% Tonya McSorley Chief Financial Officer
$103,652 1.39% Leslie Antoniel Director of Development
$96,016 1.28% Andrew Kipe Former Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Louisville Orchestra (KY) 89.29 three stars
Chamber Music Society of Lincoln Center (NY) 90.95 four stars
Midland-Odessa Symphony & Chorale (TX) 90.49 four stars
The American Classical Orchestra (NY) 88.27 three stars
South Dakota Symphony Orchestra (SD) 91.10 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Louisville Orchestra
620 West Main
Suite 600
Louisville, KY 40202
tel: (502) 587-8681
EIN: 61-6000384

Visit Web Site

Board Leadership

John P. Malloy
President

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