Nonprofit · EIN 31-1106941
UNIVERSITY OF LOUISVILLE ATHLETIC
Tax-exempt · LOUISVILLE, KY 40208
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $142,943,056 | $159,367,209 | -$16,424,153 | $317,992,631 | $243,010,320 | $74,982,311 |
| June 30, 2024 | 990 | $140,748,276 | $154,267,467 | -$13,519,191 | $331,275,531 | $241,038,967 | $90,236,564 |
| June 30, 2023 | 990 | $136,965,256 | $141,027,942 | -$4,062,686 | $352,949,635 | $249,575,937 | $103,373,698 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $35,705,135
- Program service revenue
- $85,983,708
- Investment income
- $257,084
- Royalties
- $20,163,323
- Net gain from sales of assets
- $3,076
- Other revenue
- $20,997,129
Expenses
- Grants and similar amounts paid
- $17,095,891
- Compensation of officers, directors and key employees
- $1,444,230
- Other salaries and wages
- $44,308,887
- Salaries, compensation and benefits (total)
- $55,064,953
- Professional fundraising fees
- $0
- Legal fees
- $66,178
- Accounting fees
- $42,508
- Occupancy
- $2,804,646
- Travel
- $17,049,026
- Depreciation
- $12,415,769
- Program services (functional)
- $150,108,089
- Management and general (functional)
- $7,400,479
- Fundraising (functional)
- $1,858,641
Balance sheet and other
- Total assets, start of year
- $331,275,531
- Total assets, end of year
- $317,992,631
- Total liabilities, end of year
- $243,010,320
- Net assets, end of year
- $74,982,311
- Land, buildings and equipment
- $229,648,062
- Publicly traded securities
- $4,074,013
- Gross unrelated business income
- $141,468
- Gross receipts
- $142,943,056
- Employees
- 666
- Volunteers
- 116
- Year formed
- 1984
- State of legal domicile
- KY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Kenneth Payne | Men's Basketball Coach Highest-paid employee | 50 | $7,645,170 | $0 | $40,575 |
| Jeffrey Brohm | Head Football Coach Highest-paid employee | 50 | $6,703,449 | $0 | $856,117 |
| Patrick Kelsey | Men's basketball coach Highest-paid employee | 50 | $1,846,106 | $0 | $45,334 |
| Daniel S McDonnell | Men's Baseball Coach Highest-paid employee | 50 | $1,472,586 | $0 | $144,035 |
| Joshua W Heird | Athletic Director Officer | 50 | $1,077,315 | $0 | $189,504 |
| Dr Kim Schatzel | Pres/Chair to 3/26/25 Trustee or director, Officer | 0.5 | $0 | $947,939 | $299,255 |
| Jeff Walz | Women's Basketball Coach Highest-paid employee | 50 | $1,155,072 | $0 | $58,377 |
| Dr Thomas Gerard Bradley | Director to Pres eff 3/27/25 Trustee or director, Officer | 0.5 | $0 | $657,196 | $61,427 |
| Daniel A Durbin | Former Asst. Treasurer Former | – | $0 | $526,076 | $61,496 |
| Dr Kathryn Cardarelli | Director from 3/27/25 Trustee or director | 0.5 | $0 | $318,353 | $14,668 |
| Marvin Mitchell | Deputy Athletic Director Key employee | 50 | $262,078 | $0 | $43,257 |
| Lee A Gill JD | Director Trustee or director | 0.5 | $0 | $256,903 | $37,340 |
| Douglas Craddock | Director Trustee or director | 0.5 | $0 | $233,557 | $54,123 |
| Amy M Calabrese | Deputy Athletic Director Key employee | 50 | $228,905 | $0 | $53,114 |
| Dr Harini Chenna | Director Trustee or director | 0.5 | $0 | $212,073 | $37,079 |
28 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Sandra Russell | Director Trustee or director | 0.5 | $0 | $211,812 | $23,875 |
| Eugene G Mueller | Former Vice Chair Former | – | $0 | $149,912 | $31,121 |
| Dr Sherri L Wallace | Vice Chair Trustee or director, Officer | 0.5 | $0 | $141,816 | $31,120 |
| Dr Krista B Wallace-Boaz | Director Trustee or director | 0.5 | $0 | $130,852 | $36,110 |
| Prof Michael Brandon McCormack | Director Trustee or director | 0.5 | $0 | $139,777 | $27,006 |
| Prof Jeremy D Clark | Director Trustee or director | 0.5 | $0 | $133,994 | $21,698 |
| Dr Tabitha Grier-Reed | Director from 4/9/25 Trustee or director | 0.5 | $0 | $140,972 | $7,041 |
| Prof Margaret Hancock | Director Trustee or director | 0.5 | $0 | $97,272 | $29,660 |
| Prof Jason Cumberledge | Director Trustee or director | 0.5 | $0 | $93,647 | $28,535 |
| Kari L Donahue | Treasurer Trustee or director, Officer | 0.5 | $0 | $88,708 | $30,400 |
| Kyle J Beamer | Assistant Secretary Officer | 0.5 | $0 | $88,200 | $25,346 |
| Prof Melissa Barnes | Director Trustee or director | 0.5 | $0 | $75,668 | $34,237 |
| Prof Sharon Moore | Director Trustee or director | 0.5 | $0 | $53,736 | $26,180 |
| Allie Rose Phillips | Secretary Trustee or director, Officer | 0.5 | $0 | $9,750 | $0 |
| Griffin Gould | Director Trustee or director | 0.5 | $0 | $8,750 | $0 |
| C Aaron LeMay | Assistant Treasurer from 3/1/25 Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Charles Perusse | Asst. Treasurer to 2/28/25 Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Andrew Trager-Kusman | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Christopher Dischinger | Director from 4/16/25 Trustee or director | 0.5 | $0 | $0 | $0 |
| Dr Raymond Burse | Director to 4/15/25 Trustee or director | 0.5 | $0 | $0 | $0 |
| Gayle Saunders | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Laurence Benz | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Robert Kohn | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Ronald L Wright | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Ryan Bridgeman | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Sam Rechter | Director to 4/7/25 Trustee or director | 0.5 | $0 | $0 | $0 |
| Sherrill Zimmerman | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Steve Jones | Director Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 45 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Jeffrey Brohm | Head Football Coach Highest-paid employee | 50 | $5,579,139 | $0 | $1,100,722 |
| Kenneth Payne | Men's Basketball Coach Highest-paid employee | 50 | $3,445,820 | $0 | $322,864 |
| Daniel S McDonnell | Men's Baseball Coach Highest-paid employee | 50 | $1,414,344 | $0 | $141,279 |
| Jeff Walz | Women's Basketball Coach Highest-paid employee | 50 | $1,435,286 | $0 | $55,611 |
| Joshua W Heird | Athletic Director Officer | 50 | $986,473 | $0 | $243,056 |
| Dr Kim Schatzel | Pres/Chair Trustee or director, Officer | 0.5 | $0 | $930,957 | $290,624 |
| Ronald English | Asst. Football Coach Highest-paid employee | 50 | $743,183 | $0 | $55,560 |
| Dr Thomas Gerard Bradley | Director Trustee or director | 0.5 | $0 | $600,494 | $58,186 |
| Daniel A Durbin | Asst. Treasurer to 5/12/24 Trustee or director, Officer | 0.5 | $0 | $494,066 | $56,228 |
| Lori Gonzalez PhD | Former Pres/Chair Former | – | $0 | $424,193 | $34,432 |
| Dr Amy S Lingo | Director Trustee or director | 0.5 | $0 | $277,979 | $46,496 |
| Marvin Mitchell | Deputy Athletic Director Key employee | 50 | $248,942 | $0 | $44,598 |
| Lee A Gill JD | Director Trustee or director | 0.5 | $0 | $251,388 | $35,793 |
| Douglas Craddock | Director Trustee or director | 0.5 | $0 | $234,165 | $50,192 |
| Amy M Calabrese | Deputy Athletic Director Key employee | 50 | $220,768 | $0 | $50,693 |
| Sandra Russell | Director from 3/27/24 Trustee or director | 0.5 | $0 | $206,759 | $23,303 |
| Shannon I Rickett | Director to 1/12/24 Trustee or director | 0.5 | $0 | $162,678 | $32,629 |
| Carolyn M Klinge PhD | Director Trustee or director | 0.5 | $0 | $153,161 | $35,225 |
| Eugene G Mueller | Former Vice Chair Former | – | $0 | $139,187 | $29,670 |
| Dr Krista B Wallace-Boaz | Director Trustee or director | 0.5 | $0 | $128,321 | $34,865 |
| Prof Jeremy D Clark | Director Trustee or director | 0.5 | $0 | $131,822 | $23,412 |
| Dr Sherri L Wallace | Vice Chair Trustee or director, Officer | 0.5 | $0 | $126,210 | $28,881 |
| Prof Robert Eric Berson | Director from 11/17/23 Trustee or director | 0.5 | $0 | $137,435 | $17,313 |
| Prof Sharon Moore | Director Trustee or director | 0.5 | $0 | $111,733 | $30,089 |
| Prof Michael Brandon McCormack | Director Trustee or director | 0.5 | $0 | $113,589 | $24,636 |
| Claudia Angeli PhD | Director to 10/4/23 Trustee or director | 0.5 | $0 | $112,866 | $23,030 |
| Margaret Hancock PhD | Director Trustee or director | 0.5 | $0 | $91,699 | $28,302 |
| Kyle J Beamer | Assistant Secretary Officer | 0.5 | $0 | $86,309 | $24,105 |
| Prof Melissa Barnes | Director Trustee or director | 0.5 | $0 | $73,184 | $36,272 |
| Kari L Donahue | Treasurer Trustee or director, Officer | 0.5 | $0 | $78,125 | $28,589 |
| Sarah K Hayden | Secretary Trustee or director, Officer | 0.5 | $0 | $12,972 | $0 |
| Nkechinyere T Okorie | Director Trustee or director | 0.5 | $0 | $6,687 | $0 |
| Charles Perusse | Asst. Treasurer from 5/13/24 Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Dennis P Heishman | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Dr Raymond Burse | Director from 6/21/24 Trustee or director | 0.5 | $0 | $0 | $0 |
| Gayle Saunders | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| James M Rogers | Director to 4/25/24 Trustee or director | 0.5 | $0 | $0 | $0 |
| Laurence Benz | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Robert Kohn | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Ronald L Wright | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Ryan Bridgeman | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Sam Rechter | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Shannon Tivitt | Director 2/1 - 3/20/24 Trustee or director | 0.5 | $0 | $0 | $0 |
| Sherrill Zimmerman | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Steve Jones | Director Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 41 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Christopher L Mack | FORMER HCE AS Men's BB Coach to 1/31/22 Former | 50 | $5,105,691 | $0 | $1,774 |
| Fredric Scott Satterfield | Head Football Coach Highest-paid employee | 50 | $3,241,608 | $0 | $50,328 |
| Kenneth Payne | Men's BB Coach from 3/18/22 Highest-paid employee | 50 | $2,750,005 | $0 | $217,059 |
| Jeff Walz | Women's Basketball Coach Highest-paid employee | 50 | $1,952,678 | $0 | $45,478 |
| Daniel S McDonnell | Men's Baseball Coach Highest-paid employee | 50 | $1,618,421 | $0 | $150,076 |
| Joshua Heird | Athletic Director Officer | 50 | $844,410 | $0 | $159,705 |
| Lori Gonzalez PhD | Pres/Chair to 1/31/23 Trustee or director, Officer | 0.5 | $0 | $834,244 | $48,556 |
| Dr Thomas Gerard Bradley | Director Trustee or director | 0.5 | $0 | $583,531 | $52,303 |
| Daniel A Durbin | Asst. Treasurer Trustee or director, Officer | 0.5 | $0 | $433,919 | $52,259 |
| Dr Neeli Bendapudi | Former Pres/Chair Former | – | $0 | $318,001 | $20,898 |
| Amy S Lingo | Director Trustee or director | 0.5 | $0 | $271,764 | $44,552 |
| Prof Lars S Smith | Director Trustee or director | 0.5 | $0 | $256,748 | $47,987 |
| Marvin Mitchell | Deputy Athletic Director Key employee | 50 | $234,270 | $0 | $37,314 |
| Amy M Calabrese | Deputy Athletic Director Key employee | 50 | $181,726 | $0 | $38,268 |
| Douglas Craddock | Director Trustee or director | 0.5 | $0 | $170,821 | $41,093 |
| Lee A Gill JD | Director Trustee or director | 0.5 | $0 | $184,555 | $19,341 |
| Shannon I Rickett | Director Trustee or director | 0.5 | $0 | $158,968 | $31,028 |
| Carolyn Klinge PhD | Director Trustee or director | 0.5 | $0 | $149,294 | $33,993 |
| Claudia Angeli PhD | Director Trustee or director | 0.5 | $0 | $147,335 | $29,872 |
| Eugene G Mueller | Former Vice Chair Former | – | $0 | $134,441 | $28,102 |
| Dr Krista B Wallace-Boaz | Director Trustee or director | 0.5 | $0 | $128,231 | $33,390 |
| Jeremy D Clark | Director Trustee or director | 0.5 | $0 | $122,683 | $23,172 |
| Prof Sharon Moore | Director Trustee or director | 0.5 | $0 | $111,740 | $27,334 |
| Margaret Hancock PhD | Director Trustee or director | 0.5 | $0 | $102,983 | $26,015 |
| Michael Brandon McCormack | Director Trustee or director | 0.5 | $0 | $96,468 | $21,719 |
| Kyle J Beamer | Assistant Secretary Officer | 0.5 | $0 | $84,348 | $22,736 |
| Robert K Detmering | Vice Chair Trustee or director, Officer | 0.5 | $0 | $70,688 | $26,651 |
| Kevin Ledford | Treasurer Trustee or director, Officer | 0.5 | $0 | $61,285 | $20,440 |
| Dorain Brown | Secretary Trustee or director, Officer | 0.5 | $0 | $1,900 | $0 |
| Dr Kim Schatzel | Pres/Chair from 2/1/23 Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Dennis P Heishman | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Gayle Saunders | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| James M Rogers | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Laurence Benz | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Robert Kohn | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Ronald L Wright | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Ryan Bridgeman | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Sam Rechter | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Sherrill Zimmerman | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Steve Jones | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Taylar Hart-Nolden | Director Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2215 S BROOK ST, LOUISVILLE, KY 40208-1874
- Principal officer (990 for 2024)
- Dr Thomas Gerard Bradley, 2215 S Brook Street, Louisville, KY 402082772
- Signed the 990
- MICHELLE COMER, CONTROLLER/TREASURER
- Phone
- (502) 852-7072
- Website
- http://www.gocards.com/
- Return prepared by
- CROWE LLP
Mission
The University of Louisville Athletic Association is organized to develop intercollegiate athletic teams composed of students of the University of Louisville and to schedule and manage intercollegiate athletic contests, all in the harmony with and in subjection to the general education policy of the University of Louisville.
Program accomplishments
- The University of Louisville Athletic Association reached new heights in academic achievement, setting a department record with a 96% Graduation Success Rate (GSR), as reported by the NCAA. This milestone reinforces the organization's trajectory of academic excellence, with 18 programs achieving a GSR of 90 or higher and nine programs recording a perfect 100 mark. Continuing this commitment, ten Cardinal programs-including Men's and Women's Basketball, Men's and Women's Cross Country, Men's and Women's Golf, Men's Soccer, Softball, Women's Track and Field, and Volleyball-earned a perfect 1,000 Academic Progress Rate (APR) score. Every athletic program exceeded the required NCAA multi-year standards, ensuring robust eligibility and retention across the department. Supporting this dual-mission of excellence, the association provided vital scholarship support to nearly 850 student-athletes, enabling success both in the classroom and in competition. On the field, Louisville remained a premier national force, finishing 37th in the Learfield Directors' Cup. This marks the 15th consecutive season the Cardinals have ranked among the top 40 programs nationwide. Throughout the year, 10 different sport programs earned a Top-25 national ranking, and 11 programs advanced to postseason play. The Volleyball program delivered a historic season, hosting the NCAA Final Four and finishing as the National Runner-Up. In Football, the Cardinals achieved nine wins in back-to-back seasons for the first time in over a decade, culminating in a Sun Bowl victory. The Men's Basketball program saw a resurgence, reaching the ACC Tournament Championship game and returning to the NCAA Tournament, while Baseball made its sixth appearance in the College World Series. Individual performances further cemented Louisville's global athletic standing. Synclair Savage captured the NCAA National Title in the women's long jump, becoming the first in program history to win that specific event. In Swimming and Diving, Denis Petrashov achieved national runner-up honors in the 100 breaststroke, while the women's team secured its eighth Top-10 national finish in a decade. The All-Girl Cheer squad continued its unprecedented dominance, winning its 11th consecutive National Championship. Professional recognition also followed Cardinal athletes, with high-profile selections in the NFL, MLB, and PVF drafts, including first-round picks in baseball and volleyball. These milestones collectively define a year of distinction, blending historic athletic results with record-breaking academic performance.Expenses $150,108,089 · grants $17,095,891 · revenue $86,676,046
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1106941
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1984
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N030)
- Assets (IRS master file)
- $317,992,631
- Income (IRS master file)
- $142,943,056
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $142,943,056 | $159,367,209 | $317,992,631 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $140,748,276 | $154,267,467 | $331,275,531 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $136,965,256 | $141,027,942 | $352,949,635 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $137,856,827 | $146,484,502 | $329,843,287 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1106941).
Questions about UNIVERSITY OF LOUISVILLE ATHLETIC
- What is the EIN of UNIVERSITY OF LOUISVILLE ATHLETIC?
- The employer identification number (EIN) of UNIVERSITY OF LOUISVILLE ATHLETIC is 31-1106941.
- Is UNIVERSITY OF LOUISVILLE ATHLETIC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to UNIVERSITY OF LOUISVILLE ATHLETIC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does UNIVERSITY OF LOUISVILLE ATHLETIC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNIVERSITY OF LOUISVILLE ATHLETIC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNIVERSITY OF LOUISVILLE ATHLETIC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of UNIVERSITY OF LOUISVILLE ATHLETIC?
- The 990 for the year ended June 30, 2025 names Dr Thomas Gerard Bradley.
- Who are the officers and directors of UNIVERSITY OF LOUISVILLE ATHLETIC?
- The 990 for the year ended June 30, 2025 lists 43 people; 8 received compensation from the organization, the highest $7,645,170 (Kenneth Payne, Men's Basketball Coach).
- How much revenue does UNIVERSITY OF LOUISVILLE ATHLETIC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $142,943,056, expenses of $159,367,209 and total assets of $317,992,631 at year end.
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- THE FILSON HISTORICAL SOCIETY INC EIN 61-0444690 · last filed 990 for 2024
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All nonprofits in LOUISVILLE · Kentucky · Recreation and sports