NonprofitsLouisville Academy Of Music Inc

Arts & Culture

Louisville Academy Of Music Inc

LOUISVILLE, KY

Total revenue

$860K

Total expenses

$721K

Net assets

$515K

Grants received

$375K

28 grants

EIN

610530107

Tax year

2023

Mission

The louisville academy of music welcomes everyone to join our musical community. Lam nurtures lifelong learners, not solely as musicians but also as creative, inspired people. Equity in music education is a force to realize potential, achieve dreams, and make the world a better place.

Programs

2 programs

The purpose of the lam scholarship program is to break down barriers, build pathways, and create access to learning and excelling at a musical instrument. Music opens doors to success in any field and our mission is to provide education, support, and mentorship for any student who is willing and devoted no matter their socio-economic status. We believe music is for everyone. Our program provides crucial one on one support to those students who are passionate about learning an instrument but unable to afford private instruction. We value the unique opportunities that individual attention and long term study provide a student.

Expenses: $51KGrants: $51K

Beyond lessons, lam cultivates a vibrant musical community through performances, educational enrichment, community partnerships, and special programs. For example our public school programs reached thousands of people, our annual summer symposium offers specialized tracks in chamber music and composition, and our composer of the year program highlights underrepresented classical composers. Lam offers a uniquely welcoming and supportive community with programming that blends tradition and innovation, inspiring the next generation of musicians and citizens to harness music and artistic expression for personal and community growth.

Expenses: $124K

Financials

FY 2023

Revenue

Contributions & grants$350K
Program service revenue$506K
Investment income$3K
Other revenue$669
Total revenue$860K

Expenses

Grants paid$51K
Salaries & benefits$483K
Fundraising$46K
Other expenses$188K
Total expenses$721K
Total assets$571K
Net assets$515K

People

10 listed

NameRoleCompensation

SARA CALLAWAY

EXECUTIVE DIRECTOR

Board

$61K

40 hrs/wk

LUKE DARVILLE

DIRECTOR

Board

$8K

1 hrs/wk

ELEANOR LIVINGSTON

TREASURER

Board

2 hrs/wk

ANNA HAYEN

SECRETARY

Board

2 hrs/wk

SHERONDA SHORTER

DIRECTOR (THRU 9/2023)

Board

1 hrs/wk

DAVID HANDMAKER

CHAIRMAN

Board

5 hrs/wk

EDWARD WHITE

DIRECTOR

Board

1 hrs/wk

VICTORIA FULLER

DIRECTOR

Board

1 hrs/wk

BERT GRIFFIN

DIRECTOR

Board

1 hrs/wk

WILL OLDHAMQ

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 28 of 28

FromAmountPurposeYear
$15K
GENERAL OPERATIONS
2024
$10K
Program operating support for affordable & accessible music instruction
2024
$6K
SUPPORT 3 STUDENTS FOR THE YEAR
2024
$5K
GENERAL OPERATING COSTS
2024
$4K
toward stacking chairs with dolly
2024
$3K
MUSIC EDUCATION
2024
$40K
Arts in Institutions Institutions and Learning
2023
$27K
RESTRICTED SUPPORT
2023
$10K
GENERAL OPERATIONS
2023
$10K
LOUISVILLE ACADEMY OF MUSIC MISSION DELIVERY
2023
$8K
CHARITABLE DONATION
2023
$6K
music technology items requested
2023
$4K
MUSIC EDUCATION
2023
$2K
COMMUNITY MUSIC PROGRAM FOR YOUTHS FROM MARGINALIZED GROUPS IN AREA
2023
$23K
Arts in Institutions
2022
$20K
group classroom renovations.
2022
$5K
MUSIC FOR EVERYONE (EDUCATIONAL WORKSHOPS, ETC.)
2022
$24K
Cultural Pass, Sustaining Impact Grant
2021
$10K
PROVIDE PRIVATE INSTRUMENT LESSONS BOTH IN-PERSON AND ONLINE
2021
$8K
GENERAL SUPPORT
2021
$25K
Cultural Lou Recovery Grant
2020
$5K
SCHOLARSHIP PROGRAM
2019

Funded by

$375K from 17 funders · 28 grants · 2019–2024

Fund For The Arts Inc

$112K · 4 grants · 2020–2023

The Community Foundation Of

$55K · 3 grants · 2021–2023

Mightycause Charitable Foundation

$30K · 1 grant · 2024

The Norton Foundation Inc

$25K · 2 grants · 2023–2024

The Community Foundation Of Louisville

$22K · 2 grants · 2020–2023

Irvin F & Alice S Etscorn

$20K · 1 grant · 2022

The Gheens Foundation Inc

$20K · 2 grants · 2021–2023

Details

EIN610530107
NTEE codeA6E0
Subsection03
Ruling date1959-01
Formed1954
Employees27
Volunteers0
LOUISVILLE ACADEMY OF MUSIC INC — Mission, Financials & Grants Received | Grantivo