Arts, Culture, Humanities : Performing Arts

Louisville Orchestra

High performance

four stars

90.78

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

Board Leadership
John P. Malloy
President

CEO
Robert Massey
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 90.78 four stars
  Financial 89.71 three stars
  Accountability & Transparency 92.00 four stars
This rating was published 08/01/2019 and includes data from FY2018, 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.

Impact Information

data icon Looking for Impact Information?

Charity Navigator is collaborating with GuideStar, GlobalGiving, Classy, and ImpactMatters to display impact-related information on our rated profile pages. Each partner collects this data directly from nonprofits and provides updates to Charity Navigator when available.

If you are interested in seeing this charity provide its impact information, please click below. This will indicate your interest and encourage the nonprofit to share data with partners that are currently collecting information.

Financial

three stars

89.71

Accountability & Transparency

four stars

92.00

This rating was published 08/01/2019 and includes data from FY2018, 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)
86.6%
  Administrative Expenses 8.6%
  Fundraising Expenses 4.7%
  Fundraising Efficiency $0.07
  Working Capital Ratio (years) 0.22
  Program Expenses Growth 6.7%
  Liabilities to Assets 26.2%
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.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,347,698
   Federated Campaigns $875,000
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $409,615
   Government Grants $108,826
Total Contributions $4,741,139
   Program Service Revenue $2,372,549
Total Primary Revenue $7,113,688
   Other Revenue $378,211
TOTAL REVENUE $7,491,899
   
EXPENSES  
   Program Expenses $6,197,150
   Administrative Expenses $667,970
   Fundraising Expenses $374,335
TOTAL FUNCTIONAL EXPENSES $7,239,455
   
Payments to Affiliates $0
Excess (or Deficit) for the year $252,444
   
Net Assets $2,570,360

Charts

Compensation % of Expenses Paid to Title
$149,728 2.06% Andrew Kipe Executive Director

Mission

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Louisville Orchestra (KY) 90.78 four stars
Chamber Music Northwest (OR) 95.57 four stars
The Delaware Symphony Orchestra (DE) 87.09 three stars
Marin Symphony Assn (CA) 89.66 three stars
Fort Worth Symphony Orchestra (TX) 87.05 three stars

Compare These Charities (Highly Rated)

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

CEO

Robert Massey
Chief Executive Officer