2024-03-05T15:37:28-06:00 2023-05-31 621199757 LBMC PC 325 WEST MAIN STREET STE 1600 LOUISVILLE KY 40202 990 2022-06-01 610492348 LOUISVILLE VISUAL ART LOUI 5025848166 1538 LYTLE STREET LOUISVILLE KY 40203 GRANT JOHNSON CEO 5025848166 2024-02-08 1 GRANT JOHNSON 999009999 0 JIM STEVISON P00174524 6153774600 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z GRANT JOHNSON 1538 LYTLE STREET LOUISVILLE KY 40203 1059174 0 X WWW.LOUISVILLEVISUALART.ORG X 1942 KY TO IMPROVE LIVES THROUGH VISUAL ARTS EDUCATION, COMMUNITY OUTREACH, AND ARTIST SUPPORT. 17 17 7 50 0 0 1372714 677232 364547 302109 18667 12111 13028 66624 1768956 1058076 0 0 0 0 424701 467062 0 0 74611 382017 580215 806718 1047277 962238 10799 2968309 2955312 293746 267595 2674563 2687717 TO IMPROVE LIVES THROUGH VISUAL ARTS EDUCATION, COMMUNITY OUTREACH, AND ARTIST SUPPORT. 0 0 810594 302109 AS A CREATIVE HUB NOW ESTABLISHED IN THE PORTLAND NEIGHBORHOOD, THEY ARE DEDICATED TO ENGAGING AND ENCOURAGING ARTISTS THROUGH PROGRAMMING SUCH AS MAP (MURAL ART PROGRAM), ARTEBELLA, OPEN STUDIO WEEKEND, AND WEEKLY CALLS FOR ARTISTS. LVA IS SHAPING AND INSPIRING THE NEXT GENERATION OF CREATIVE LEADERS BY PROVIDING QUALITY INSTRUCTION ANNUALLY THROUGH CHILDREN'S FINE ART CLASSES AND OUTREACH PROGRAMS IN SCHOOLS AND COMMUNITY CENTERS. LOUISVILLE VISUAL ART AIMS TO ENGAGE, INSPIRE, AND IMPROVE OUR COMMUNITY THROUGH THE ARTS. 810594 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 56 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 KY X LOUISVILLE VISUAL ART ASSOCIATION 5025848166 1538 LYTLE ST LOUISVILLE KY 40203 JAKE THEISEN PRESIDENT 1.00 X X 0 0 0 ROB KING VICE-PRESIDENT 1.00 X X 0 0 0 LOGAN GHOLSON TREASURER 1.00 X X 0 0 0 ELIZABETH B FELDPAUSCH SECRETARY 1.00 X X 0 0 0 DON CARTWRIGHT BOARD MEMBER 1.00 X 0 0 0 JON CHERRY BOARD MEMBER 1.00 X 0 0 0 BEVERLY COTE BOARD MEMBER 1.00 X 0 0 0 ANDREW COZZENS BOARD MEMBER 1.00 X 0 0 0 ELIZABETH FENNELL BOARD MEMBER 1.00 X 0 0 0 SUSAN HALLENBERG BOARD MEMBER 1.00 X 0 0 0 KATHY HILLERICH BOARD MEMBER 1.00 X 0 0 0 STEWART HOERTZ BOARD MEMBER 1.00 X 0 0 0 NICOLE HUMPHREY BOARD MEMBER 1.00 X 0 0 0 ALEXANDER MARKS BOARD MEMBER 1.00 X 0 0 0 CONOR MURPHY BOARD MEMBER 1.00 X 0 0 0 TANELLE SAWYER BOARD MEMBER 1.00 X 0 0 0 SCOTT SMITH BOARD MEMBER 1.00 X 0 0 0 KRISTIAN ANDERSON FORMER EXECUTIVE DIRECTOR 40.00 X 85000 0 6017 85000 0 6017 0 0 0 0 0 2549 29677 645006 677232 EXHIBITION & WORKSHOP 900099 299498 299498 RENTAL AND OTHER 900099 2236 2236 FISCAL SPONSORSHIP REV 900099 375 375 302109 12111 12111 67722 1098 66624 66624 1058076 302109 0 78735 X 91016 61345 17020 12651 293350 197718 54857 40775 5966 4021 1116 829 47395 31944 8863 6588 29335 19772 5486 4077 28650 28650 151842 151842 19334 13031 3616 2687 7607 1941 5666 38453 17939 18862 1652 6622 4464 1238 920 9669 9669 14042 9464 2626 1952 11827 7971 2212 1644 ART SUPPLIES 267484 267484 AWARDS AND PRIZES 17900 17900 MISCELLANEOUS 5578 3758 1044 776 MEMBERSHIP EXPENSE 1207 1147 60 1047277 810594 162072 74611 905057 391255 662635 582077 14500 49390 1336320 134655 569675 1201665 21456 10000 794986 720925 2968309 2955312 20268 7407 49106 48102 224372 212086 293746 267595 X 571826 1243042 2102737 1444675 2674563 2687717 2968309 2955312 10799 2354 1 0 X X 0 1 X 1 0 X 349906 473633 567903 1372714 677232 3441388 349906 473633 567903 1372714 677232 3441388 673396 2767992 5024 14067 18667 12111 49869 36526 39928 42771 33700 63624 216549 3707806 1459837 0.74650 0.78200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 794986 3824 77885 720925 882576 -83984 3606 794986 712832 214718 44974 882576 712570 37542 36231 1049 712832 630239 28872 92373 37027 1887 712570 0.05420 0.94580 1 0 18244 18244 1233616 98058 1135558 38500 38500 45960 36597 9363 1201665 BENEFICIAL INTEREST IN PERP TRUST 720925 F 720925 X 1060430 2354 2354 1058076 0 1058076 1047277 0 1047277 0 1047277 PART V, LINE 4: DISTRIBUTIONS FROM THE EARNING OF THE BENEFICIAL INTEREST IN THE PERPETUAL TRUST ARE USED FOR ADMINISTRATIVE AND PROGRAM EXPENSES. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX ASSET (OR A REDUCTION OF A LIABILITY) ONLY IF THE ORGANIZATION HAS TAKEN A POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF MAY 31, 2023 AND 2022, ALL TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN WOULD MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION. 24 ART SQUARED 67722 67722 1098 67722 67722 1098 1098 66624 FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER AND FINANCE COMMITTEE REVIEW THE 990 AND THE RETURN IS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS COMPLETE A COMPLIANCE SURVEY FOR EVERY YEAR. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS ESTABLISHED BY AN INDEPENDENT CONSULTANT AND THEN REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 146,752. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 146,752. ARTISTS COMMISSIONS: PROGRAM SERVICE EXPENSES 5,090. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,090. PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.