Louisville Art Association Inc
Nonprofit profile at a glance
- EIN
- 841193564
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2016
- Location
- Louisville, CO, USA
- Phone
- 9728962222
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Visual Arts Organizations
Reported finances
- Revenue
- $54,609
- Expenses
- $39,790
- Assets
- $121,052
- Liabilities
- $3,065
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- RENEE WOOLARD (PRESIDENT)
- SHEILA FOSSEN (VICE-PRESIDENT)
People named in this filing
- RENEE WOOLARD (PRESIDENT)
- CONNIE RUEL (TREASURER)
- STEVE MARKMAN (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote art in louisville co
What it reported doing in 2025
NATIONAL FINE ART SHOW: A juried entry fine art show giving regional artists the chance to enter along with national artists and increase both patrons and participants exposure to new artists. Local school children also use this show as a learning opportunity with instructions. Entries - 74, Images - 100, Attendance - 1192.
Operating model
- Revenue model
- Earned-program. 68% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 63% for direct work, and 37% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 44
- Transparency & Controls: 82
- Sustainability: 68
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 37.1%; rating input score 37
- Program expense ratio: 54.7%; rating input score 55
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 27.1%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 3.04; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 1.4% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 8.5% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 12.4% per year; rating input score 100; 75th percentile among comparable filings
Details
- Where the money goes: 37.1% of revenue deployed · 54.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 7 filed program accomplishments · $22K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
- Review — Financial Efficiency: Program expense ratio scored 55/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.