Nonprofit · EIN 61-0492348
LOUISVILLE VISUAL ART INC
Tax-exempt · LOUISVILLE, KY 40203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $805,128 | $875,023 | -$69,895 | $2,740,477 | $281,063 | $2,459,414 |
| May 31, 2024 | 990 | $944,724 | $903,994 | $40,730 | $3,031,510 | $265,176 | $2,766,334 |
| May 31, 2023 | 990 | $1,058,076 | $1,047,277 | $10,799 | $2,955,312 | $267,595 | $2,687,717 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $568,712
- of which government grants
- $29,644
- Program service revenue
- $164,908
- Investment income
- $26,610
- Net income from fundraising events
- $44,898
- Other revenue
- $44,898
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $68,975
- Other salaries and wages
- $261,899
- Salaries, compensation and benefits (total)
- $405,140
- Professional fundraising fees
- $0
- Legal fees
- $908
- Accounting fees
- $27,900
- Occupancy
- $98,221
- Depreciation
- $35,897
- Program services (functional)
- $438,038
- Management and general (functional)
- $335,128
- Fundraising (functional)
- $101,857
Balance sheet and other
- Total assets, start of year
- $3,031,510
- Total assets, end of year
- $2,740,477
- Total liabilities, end of year
- $281,063
- Net assets, end of year
- $2,459,414
- Land, buildings and equipment
- $1,129,871
- Publicly traded securities
- $10,000
- Net assets without donor restrictions
- $1,200,732
- Net assets with donor restrictions
- $1,258,682
- Gross receipts
- $891,898
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1942
- 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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Angela Hagan | Executive Director Officer | 40 | $68,975 |
| Beverly Cote | President Trustee or director, Officer | 1 | $0 |
| Nicole Humphrey | Treasurer Trustee or director, Officer | 1 | $0 |
| Don Cartwright | Board Member Trustee or director | 1 | $0 |
| Jon Cherry | Board Member Trustee or director | 1 | $0 |
| Jake Theisen | Board Member Trustee or director | 1 | $0 |
| Andrew Cozzens | Board Member Trustee or director | 1 | $0 |
| Conor Murphy | Board Member Trustee or director | 1 | $0 |
| Nathaniel Spencer | Board Member Trustee or director | 1 | $0 |
| Sarah Clevenger | Board Member Trustee or director | 1 | $0 |
| Christopher Fuller | Board Member Trustee or director | 1 | $0 |
| Steve Heine | Board Member Trustee or director | 1 | $0 |
| Julie Hohmann | Board Member Trustee or director | 1 | $0 |
| Jessica Kincaid | Board Member Trustee or director | 1 | $0 |
| Ann Klem | Board Member Trustee or director | 1 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marti Kuehn | Board Member Trustee or director | 1 | $0 |
| Laura Ott | Board Member Trustee or director | 1 | $0 |
| Tabb Ormsby | Board Member Trustee or director | 1 | $0 |
| Leslie Parker | Board Member Trustee or director | 1 | $0 |
| Lucy Stansbury | Board Member Trustee or director | 1 | $0 |
| Mary Pat Stickler | Board Member Trustee or director | 1 | $0 |
| Chris Whelan | Board Member Trustee or director | 1 | $0 |
990 for the year ended May 31, 2024: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Grant Johnson | Interim Executive Director Officer | 40 | $70,040 |
| Beverly Cote | President Trustee or director, Officer | 1 | $0 |
| Rob King | Vice President Trustee or director, Officer | 1 | $0 |
| Nicole Humphrey | Treasurer Trustee or director, Officer | 1 | $0 |
| Elizabeth B Feldpausch | Secretary Trustee or director, Officer | 1 | $0 |
| Don Cartwright | Board Member Trustee or director | 1 | $0 |
| Jon Cherry | Board Member Trustee or director | 1 | $0 |
| Jake Theisen | Board Member Trustee or director | 1 | $0 |
| Andren Cozzens | Board Member Trustee or director | 1 | $0 |
| Elizabeth Fennell | Board Member Trustee or director | 1 | $0 |
| Susan Hallenbert | Board Member Trustee or director | 1 | $0 |
| Kathy Killerich | Board Member Trustee or director | 1 | $0 |
| Stewart Hoertz | Board Member Trustee or director | 1 | $0 |
| Logan Gholson | Board Member Trustee or director | 1 | $0 |
| Alexander Marks | Board Member Trustee or director | 1 | $0 |
| Conor Murphy | Board Member Trustee or director | 1 | $0 |
| Tanelle Sawyer | Board Member Trustee or director | 1 | $0 |
| Scott Smith | Board Member Trustee or director | 1 | $0 |
| Nathaniel Spencer | Board Member Trustee or director | 1 | $0 |
990 for the year ended May 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRISTIAN ANDERSON | FORMER EXECUTIVE DIRECTOR Officer | 40 | $85,000 | $6,017 |
| JAKE THEISEN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ROB KING | VICE-PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| LOGAN GHOLSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ELIZABETH B FELDPAUSCH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DON CARTWRIGHT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JON CHERRY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BEVERLY COTE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANDREW COZZENS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ELIZABETH FENNELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SUSAN HALLENBERG | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KATHY HILLERICH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STEWART HOERTZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NICOLE HUMPHREY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALEXANDER MARKS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CONOR MURPHY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TANELLE SAWYER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SCOTT SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1538 LYTLE ST, LOUISVILLE, KY 40203-0000
- Principal officer (990 for 2024)
- Angela Hagan, 1538 Lytle St, Louisville, KY 40203
- Signed the 990
- Angela Hagan, Executive Director
- Phone
- (502) 584-8166
- Website
- louisvillevisualart.org
- Return prepared by
- SOLUTIA CPA'S LLC
Mission
To improve lives through visual arts education, community outreach, and artist support.
Program accomplishments
- LVA's Curate, Purchase, Inspire (CPI) is an annual program funded by a single donor. A local artist is chosen to curate the purchase of art for a public space, thereby giving experience and resources to artists who haven't had access previously. Funds received are recognized as a pleadge recievable decrease and expenditures are recognized as "Collections of Art" under GAAP. These amounts are actual progam budgeted funds.Expenses $80,000 · revenue $100,000
- LVA's CFAC program provises art education programs for after school in elementary and middle schools.Expenses $75,364 · revenue $84,616
- LVA's Open Doors Program brings art education and art activities to traditionally ignored communities.Expenses $4,140 · revenue $21,185
- Expenses $278,534
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 61-0492348
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1946
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A400)
- Assets (IRS master file)
- $2,740,477
- Income (IRS master file)
- $891,898
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $805,128 | $875,023 | $2,740,477 | XML |
| 990 | May 2024 | $944,724 | $903,994 | $3,031,510 | XML |
| 990 | May 2023 | $1,058,076 | $1,047,277 | $2,955,312 | XML |
| 990 | May 2022 | $1,768,956 | $806,718 | $2,968,309 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 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 61-0492348).
Questions about LOUISVILLE VISUAL ART INC
- What is the EIN of LOUISVILLE VISUAL ART INC?
- The employer identification number (EIN) of LOUISVILLE VISUAL ART INC is 61-0492348.
- Is LOUISVILLE VISUAL ART INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Are donations to LOUISVILLE VISUAL ART INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LOUISVILLE VISUAL ART INC 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 LOUISVILLE VISUAL ART INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOUISVILLE VISUAL ART INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of LOUISVILLE VISUAL ART INC?
- The 990 for the year ended May 31, 2025 names Angela Hagan.
- Who are the officers and directors of LOUISVILLE VISUAL ART INC?
- The 990 for the year ended May 31, 2025 lists 22 people; 1 received compensation from the organization, the highest $68,975 (Angela Hagan, Executive Director).
- How much revenue does LOUISVILLE VISUAL ART INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $805,128, expenses of $875,023 and total assets of $2,740,477 at year end.
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