UNIVERSITY OF LOUISVILLE ATHLETIC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF LOUISVILLE ATHLETIC (EIN 31-1106941)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-05-13
- IRS object ID
- 202241339349304654
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-13T11:30:50-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9600 Brownsboro Road Suite 400 | AddressLine1Txt |
| City | Louisville | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 402413902 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311106941 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | University of Louisville Athletic Association | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 5028527072 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2215 S Brook Street | AddressLine1Txt |
| City | Louisville | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 402082772 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Daniel A Durbin | PersonNm |
| Person Title | Assistant Treasurer | PersonTitleTxt |
| Signature | 2022-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Daniel A | PersonFirstNm |
| Person Last | Durbin | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Rachel Spurlock | PreparerPersonNm |
| PTIN | P00520729 | PTIN |
| Phone | 5023263996 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Lori Stewart Gonzalez | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2215 S Brook Street | AddressLine1Txt |
| City | Louisville | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 402082772 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $98,704,306 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | http://www.gocards.com/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1984 | FormationYr |
| Legal Domicile State | KY | LegalDomicileStateCd |
| Activity Or 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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 29 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 513 | TotalEmployeeCnt |
| Total Volunteers | 102 | TotalVolunteersCnt |
| Total Gross UBI | $32,704 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $32,704 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $39,240,784 | PYContributionsGrantsAmt |
| CY Contributions Grants | $35,399,937 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $42,908,513 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $17,668,884 | CYProgramServiceRevenueAmt |
| PY Investment Income | $236,699 | PYInvestmentIncomeAmt |
| CY Investment Income | $15,534 | CYInvestmentIncomeAmt |
| PY Other Revenue | $44,548,465 | PYOtherRevenueAmt |
| CY Other Revenue | $45,614,490 | CYOtherRevenueAmt |
| PY Total Revenue | $126,934,461 | PYTotalRevenueAmt |
| CY Total Revenue | $98,698,845 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $16,550,456 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $15,647,230 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $47,679,611 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $43,431,515 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,058,751 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $58,191,496 | PYOtherExpensesAmt |
| CY Other Expenses | $44,258,055 | CYOtherExpensesAmt |
| PY Total Expenses | $122,421,563 | PYTotalExpensesAmt |
| CY Total Expenses | $103,336,800 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,512,898 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$4,637,955 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $289,291,232 | TotalAssetsBOYAmt |
| Total Assets EOY | $287,292,046 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $162,958,241 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $164,581,670 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $126,332,991 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $122,710,376 | NetAssetsOrFundBalancesEOYAmt |
| 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. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $99,711,290 | ExpenseAmt |
| Grant | $15,647,230 | GrantAmt |
| Revenue | $18,642,140 | RevenueAmt |
| Desc | The University of Louisville Athletic Association (ULAA) achieved many impressive results during its 2020-2021 fiscal year. ULAA's student athletes excelled academically and were awarded for community service efforts. Cardinal sports teams collectively achieved an impressive 3.256 combined grade point average for the 2020-21 academic year, including a 3.289 GPA for the 2021 spring semester. Twenty of 23 sports programs were above a 3.0 collective GPA for the 2021 Spring semester. A total of 360 student-athletes were 2020 Red and Black Scholars, representing a cumulative GPA of 3.25 or better, while 399 students were recognized on honor roll with over a 3.0 GPA for the spring semester. This ranked as the seventh-highest total among any school in the league. UofL student-athletes matched a record 91 percent graduation rate in the latest Graduation Success Rate (GSR) Report. ULAA student-athletes also finished second among all Division I institutions in the 2021 NCAA Team Works Service Challenge. Cardinal student-athletes totaled 1,405 hours of service throughout the duration of competition and had 94% of student-athletes participate in a service opportunity. Field Hockey and Women's Soccer led the department throughout the competition, averaging 7 hours per student-athlete, while seventeen teams had 100% participation among their student-athletes. 629 volunteers managed to amass an economic impact of over $38,222 even while covid restrictions were still in place. With the success of multiple fall and winter sports programs, the University of Louisville Athletics department rose to 23rd in the nation in the Learfield IMG College Directors' Cup Division I standings. Louisville accumulated 429 points through the winter sports season, placing the Cardinals as one of six ACC schools among the nation's top 30. Men's swimming and diving matched its highest-ever finish, ranking fifth in the NCAA Championship, with two National Champion performances, while the Cardinals' women's swimming and diving team finished 13th in the nation. Women's Track & Field captured its third NCAA National Individual Champion in school history as Makenli Forrest won the NCAA indoor weight throw national title. Women's Basketball advanced to the NCAA Elite Eight, with ACC Player of the Year Dana Evans, a Honda Sport Award finalist, earning consensus first team All-America honors. The 2021 Kay Yow ACC Scholar Athlete of the Year, Evans was the 13th overall selection in the WNBA Draft. In a season that spanned the fall and spring, field hockey reached the program's first Final Four as the nation's No. 3 seed. Mercedes Pastor, Alli Bitting and Charlie van Oirschot were named All-ACC and Meghan Schneider won the NCAA Elite 90 Award with a 4.0 GPA. Volleyball, also playing in both the fall and spring, reached the NCAA Sweet 16 for the second straight year with three players earning All-America accolades in addition to head coach Dani Busboom Kelly winning ACC Coach of the year. Louisville's men's golf team earned the most points of any of the school's spring sports. The Cardinals tied for ninth in the NCAA Championship - its best finish in school history -- after advancing to the playoff round of the national championship for its third time ever. Hosting a regional for the first time in school history, UofL's women's golf team finished in a tie for 11th-place in the NCAA Regional competition. ULAA finished 40th nationally by the end, marking the 11th consecutive season in the top 40. Internally and externally, ULAA has taken strides to increase diversity, equity, and inclusion efforts. Associate Athletic Director, Marvin Mitchell, was named to the ACC's new Committee for Racial and Social Justice, helping to lead our conference in diversity and equity standards, while the department created the Strategically Organizing Against Racism (S.O.A.R.) Committee to meet weekly to enhance knowledge and empower action. | Desc |
| Total Program Service Expenses | $99,711,290 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 180 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 513 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 29 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Beverly G Santamouris | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5028526164 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Service Complex-Univ of Louisville | AddressLine1Txt |
| City | Louisville | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40292 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Andrew B Grubb | ||||||||||
| Treasurer | 0.5 | 49.5 | Yes (X) | Yes (X) | $0 | $46,361 | $17,804 | |||
| Daniel A Durbin | ||||||||||
| Asst. Treasurer | 0.5 | 49.5 | Yes (X) | Yes (X) | $0 | $406,357 | $36,701 | |||
| Dr Neeli Bendapudi | ||||||||||
| President and Chair | 0.5 | 49.5 | Yes (X) | Yes (X) | $0 | $736,875 | $47,756 | |||
| Eugene G Mueller | ||||||||||
| Vice Chair | 0.5 | 49.5 | Yes (X) | Yes (X) | $0 | $147,316 | $25,185 | |||
| Sabrina Collins | ||||||||||
| Secretary | 0.5 | 9.5 | Yes (X) | Yes (X) | $0 | $5,829 | $0 | |||
| Benjamin L Barberie | ||||||||||
| Director | 0.5 | 9.5 | Yes (X) | $0 | $3,500 | $0 | ||||
| Dennis P Heishman | ||||||||||
| Director | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Dr Beth Boehm | ||||||||||
| Director to 3/31/21 | 0.5 | 49.5 | Yes (X) | $0 | $395,812 | $36,647 | ||||
| Dr Thomas Gerard Bradley | ||||||||||
| Director | 0.5 | 49.5 | Yes (X) | $0 | $414,251 | $38,311 | ||||
| James M Rogers | ||||||||||
| Director | 0.5 | 0.5 | Yes (X) | $0 | $0 | $0 | ||||
| Jasmine L Farrier | ||||||||||
| Director | 0.5 | 49.5 | Yes (X) | $0 | $185,425 | $25,890 | ||||
| Jeremy D Clark | ||||||||||
| Director | 0.5 | 49.5 | Yes (X) | $0 | $90,331 | $15,504 | ||||
| Karen Turner | ||||||||||
| Director | 0.5 | 49.5 | Yes (X) | $0 | $70,900 | $8,634 | ||||
| Krista B Wallace-Boaz | ||||||||||
| Director | 0.5 | 49.5 | Yes (X) | $0 | $117,161 | $24,920 | ||||
| Laurence Benz | ||||||||||
| Director | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Lori Gonzalez PhD | ||||||||||
| Director from 4/1/21 | 0 | Yes (X) | $0 | $0 | $0 | |||||
| Mark J Watkins | ||||||||||
| Director | 0.5 | 49.5 | Yes (X) | $0 | $262,451 | $35,908 | ||||
| Prof Dawn Heinecken | ||||||||||
| Director | 0.5 | 49.5 | Yes (X) | $0 | $105,412 | $19,677 | ||||
| Prof Sharon Moore | ||||||||||
| Director | 0.5 | 49.5 | Yes (X) | $0 | $104,810 | $21,783 | ||||
| Prof Sheldon J Bond | ||||||||||
| Director | 0.5 | 49.5 | Yes (X) | $0 | $111,167 | $10,301 | ||||
| Robert E Berson PhD | ||||||||||
| Director | 0.5 | 49.5 | Yes (X) | $0 | $120,330 | $10,024 | ||||
| Ronald L Wright | ||||||||||
| Director | 0.5 | 0.5 | Yes (X) | $0 | $0 | $0 | ||||
| Ryan Bridgeman | ||||||||||
| Director | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Sam Rechter | ||||||||||
| Director | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Shannon I Rickett | ||||||||||
| Director | 0.5 | 49.5 | Yes (X) | $0 | $140,173 | $21,514 | ||||
| Sherrill Zimmerman | ||||||||||
| Director from 4/9/21 | 0.5 | 0.5 | Yes (X) | $0 | $0 | $0 | ||||
| Steve Jones | ||||||||||
| Director | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Tom Andrews | ||||||||||
| Director | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Tom Meeker | ||||||||||
| Director | 0.5 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Whitney A Nash | ||||||||||
| Director | 0.5 | 49.5 | Yes (X) | $0 | $178,245 | $27,993 | ||||
| Kyle J Beamer | ||||||||||
| Assistant Secretary | 0.5 | 49.5 | Yes (X) | $0 | $73,057 | $16,951 | ||||
| Vincent J Tyra | ||||||||||
| Athletic Director | 50.0 | 0 | Yes (X) | $819,938 | $0 | $45,816 | ||||
| Joshua Heird | ||||||||||
| Deputy Athletic Director | 50.0 | 0 | $214,849 | $0 | $28,006 | Yes (X) | ||||
| Billy Dwayne Ledford | ||||||||||
| Asst. Football Coach | 50.0 | 0 | $788,215 | $0 | $41,870 | Yes (X) | ||||
| Christopher L Mack | ||||||||||
| Men's Basketball Coach | 50.0 | 0 | $3,939,119 | $0 | $49,130 | Yes (X) | ||||
| Daniel S McDonnell | ||||||||||
| Men's Baseball Coach | 50.0 | 0 | $1,393,672 | $0 | $173,136 | Yes (X) | ||||
| Fredric Scott Satterfield | ||||||||||
| Head Football Coach | 50.0 | 0 | $3,410,217 | $0 | $47,977 | Yes (X) | ||||
| Jeff Walz | ||||||||||
| Women's Basketball Coach | 50.0 | 0 | $1,507,805 | $0 | $48,318 | Yes (X) | ||||
| Prof Enid Trucios-Haynes | ||||||||||
| Former Vice Chair | 50.0 | $0 | $165,276 | $32,383 | Yes (X) | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $12,073,815 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $3,881,039 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $908,139 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 68 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| AEG Management Louisville LLC | |||||
| 1 Arena Plaza | Louisville | KY | 40202 | Event Management | $1,203,439 |
| Air Charter Services Inc | |||||
| 2500 E Las Olas Blvd | Fort Lauderdale | FL | 33301 | Travel Services | $915,034 |
| Bond Schoeneck & King PLLC | |||||
| 7500 College Blvd | Overland Park | KS | 66210 | Legal Services | $596,556 |
| Camatic Seating Inc | |||||
| 12801 N Stemmons Fwy | Farmers Branch | TX | 75218 | Construction Services | $522,905 |
| ABM Industries | |||||
| 10310 Bluegrass Pkwy | Louisville | KY | 40299 | Facility management | $507,493 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 32 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $3,099,531 | RelatedOrganizationsAmt |
| Government Grants | $5,176,601 | GovernmentGrantsAmt |
| All Other Contributions | $27,123,805 | AllOtherContributionsAmt |
| Noncash Contributions | $306,374 | NoncashContributionsAmt |
| Total Contributions | $35,399,937 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Total Sports Revenue | 711210 | $16,768,884 | $16,736,180 | $32,704 |
| Student Athletic Fees and Related | 713940 | $900,000 | $900,000 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $17,668,884 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,995 | TotalRevenueColumnAmt |
| Exclusion | $20,995 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $44,608,530 | TotalRevenueColumnAmt |
| Exclusion | $44,608,530 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,461 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$5,461 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$5,461 | TotalRevenueColumnAmt |
| Exclusion | -$5,461 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Administrative Support Services | 561990 | $990,011 | $990,011 |
| Marketing and Development Revenue | 711320 | $15,949 | $15,949 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,005,960 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $98,698,845 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $18,642,140 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $32,704 | UnrelatedBusinessRevenueAmt |
| Exclusion | $44,624,064 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,647,230 | TotalAmt |
| Program Services | $15,647,230 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $971,550 | TotalAmt |
| Management And General | $971,550 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,415,651 | TotalAmt |
| Program Services | $32,692,534 | ProgramServicesAmt |
| Management And General | $970,347 | ManagementAndGeneralAmt |
| Fundraising | $752,770 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,245,009 | TotalAmt |
| Program Services | $4,828,661 | ProgramServicesAmt |
| Management And General | $260,078 | ManagementAndGeneralAmt |
| Fundraising | $156,270 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,799,305 | TotalAmt |
| Program Services | $2,647,704 | ProgramServicesAmt |
| Management And General | $96,105 | ManagementAndGeneralAmt |
| Fundraising | $55,496 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $964,841 | TotalAmt |
| Program Services | $964,841 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,655 | TotalAmt |
| Management And General | $26,455 | ManagementAndGeneralAmt |
| Fundraising | $2,200 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,390,641 | TotalAmt |
| Program Services | $5,193,307 | ProgramServicesAmt |
| Management And General | $191,783 | ManagementAndGeneralAmt |
| Fundraising | $5,551 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $156,860 | TotalAmt |
| Program Services | $153,960 | ProgramServicesAmt |
| Management And General | $925 | ManagementAndGeneralAmt |
| Fundraising | $1,975 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134,786 | TotalAmt |
| Program Services | $131,390 | ProgramServicesAmt |
| Management And General | $1,963 | ManagementAndGeneralAmt |
| Fundraising | $1,433 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,407,784 | TotalAmt |
| Program Services | $1,357,081 | ProgramServicesAmt |
| Management And General | $4,064 | ManagementAndGeneralAmt |
| Fundraising | $46,639 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,328,846 | TotalAmt |
| Program Services | $4,323,367 | ProgramServicesAmt |
| Management And General | $4,176 | ManagementAndGeneralAmt |
| Fundraising | $1,303 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,998,242 | TotalAmt |
| Program Services | $6,990,332 | ProgramServicesAmt |
| Management And General | $3,163 | ManagementAndGeneralAmt |
| Fundraising | $4,747 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,360 | TotalAmt |
| Program Services | $19,360 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $868,493 | TotalAmt |
| Program Services | $868,493 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,200,466 | TotalAmt |
| Program Services | $8,200,466 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,574,320 | TotalAmt |
| Program Services | $1,574,320 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Athletic event fees and expenses | $1,299,225 | $1,294,844 | $1,502 | $2,879 |
| Repairs and maintenance | $1,553,209 | $1,541,449 | $11,760 | |
| Small equipment purchases and rentals | $1,593,529 | $1,592,153 | $837 | $539 |
| Other licenses and fees | $1,406,865 | $1,396,688 | $10,177 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,331,933 | TotalAmt |
| Program Services | $8,293,110 | ProgramServicesAmt |
| Management And General | $23,634 | ManagementAndGeneralAmt |
| Fundraising | $15,189 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,336,800 | TotalAmt |
| Program Services | $99,711,290 | ProgramServicesAmt |
| Management And General | $2,566,759 | ManagementAndGeneralAmt |
| Fundraising | $1,058,751 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,500 | BOYAmt |
| EOY | $52,500 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,208,787 | BOYAmt |
| EOY | $25,971,580 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,335,338 | BOYAmt |
| EOY | $9,989,254 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,550,893 | BOYAmt |
| EOY | $27,077,882 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,433,860 | BOYAmt |
| EOY | $5,418,126 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,433,197 | BOYAmt |
| EOY | $1,357,826 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $298,131,175 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $86,455,425 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $218,363,849 | BOYAmt |
| EOY | $211,675,750 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,413,489 | BOYAmt |
| EOY | $4,164,566 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,499,319 | BOYAmt |
| EOY | $1,584,562 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $289,291,232 | BOYAmt |
| EOY | $287,292,046 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,229,007 | BOYAmt |
| EOY | $22,107,543 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,276,757 | BOYAmt |
| EOY | $36,554,439 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,034,000 | BOYAmt |
| EOY | $20,000,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,418,477 | BOYAmt |
| EOY | $85,919,688 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $162,958,241 | BOYAmt |
| EOY | $164,581,670 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,332,991 | BOYAmt |
| EOY | $122,710,376 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,332,991 | BOYAmt |
| EOY | $122,710,376 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $289,291,232 | BOYAmt |
| EOY | $287,292,046 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$4,637,955 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,015,340 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| IRS Written Determination | Yes (X) | IRSWrittenDeterminationInd |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF LOUISVILLE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 611014882 | EIN |
| Organization Type | 6 | OrganizationTypeCd |
| Governing Document Listed | Yes (true) | GoverningDocumentListedInd |
| Support | $0 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $45,371,652 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $29,319,607 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $41,938,861 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $39,240,784 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $35,399,937 | CurrentTaxYearAmt |
| Total | $191,270,841 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $45,371,652 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $29,319,607 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $41,938,861 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $39,240,784 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $35,399,937 | CurrentTaxYearAmt |
| Total | $191,270,841 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $191,270,841 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $27,412,921 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $29,875,125 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $40,095,908 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $42,326,450 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $44,629,525 | CurrentTaxYearAmt |
| Total | $184,339,929 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $121,515 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $196,695 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $83,512 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $32,704 | CurrentTaxYearAmt |
| Total | $434,426 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $376,045,196 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $205,658,987 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.5086 | PublicSupportCY170Pct |
| Public Support PY170 | 0.5371 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (true) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | Yes (true) | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | false | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | false | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | false | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | false | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | false | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | false | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | false | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | false | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | false | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | false | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | false | ContributionControllerInd |
| Contribution Family | false | ContributionFamilyInd |
| Contribution35 Controlled | false | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (true) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | false | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part IV, Section A, Line 2 Supported Org. Without IRS Status 509(a)1 or (2) | FormAndLineReferenceDesc |
| Explanation | The University of Louisville Athletics Association supports the University of Louisville, a State university exempt under IRC Sec 115. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,459,918 | BeginningYearBalanceAmt |
| Contributions | $339,000 | ContributionsAmt |
| Investment Earnings Or Losses | $702,153 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,492,944 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,528,552 | OtherExpendituresAmt |
| Administrative Expenses | $49,969 | AdministrativeExpensesAmt |
| End Year Balance | $3,429,606 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $11,148,321 | BeginningYearBalanceAmt |
| Contributions | $15,091 | ContributionsAmt |
| Investment Earnings Or Losses | $420,662 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $476,275 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,544,637 | OtherExpendituresAmt |
| Administrative Expenses | $103,244 | AdministrativeExpensesAmt |
| End Year Balance | $5,459,918 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,229,757 | BeginningYearBalanceAmt |
| Contributions | $21,334 | ContributionsAmt |
| Investment Earnings Or Losses | $2,802,971 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,061,273 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,575,413 | OtherExpendituresAmt |
| Administrative Expenses | $269,055 | AdministrativeExpensesAmt |
| End Year Balance | $11,148,321 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $22,233,854 | BeginningYearBalanceAmt |
| Contributions | $347,763 | ContributionsAmt |
| Investment Earnings Or Losses | $425,325 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,354,389 | GrantsOrScholarshipsAmt |
| Other Expenditures | $8,264,905 | OtherExpendituresAmt |
| Administrative Expenses | $157,891 | AdministrativeExpensesAmt |
| End Year Balance | $12,229,757 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $23,521,401 | BeginningYearBalanceAmt |
| Contributions | $1,206,036 | ContributionsAmt |
| Investment Earnings Or Losses | $961,564 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $204,137 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,964,193 | OtherExpendituresAmt |
| Administrative Expenses | $286,817 | AdministrativeExpensesAmt |
| End Year Balance | $22,233,854 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.396 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.604 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.0 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,150,911 | OtherCostOrOtherBasisAmt |
| Book Value | $5,150,911 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $278,087,275 | OtherCostOrOtherBasisAmt |
| Depreciation | $79,313,609 | DepreciationAmt |
| Book Value | $198,773,666 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,299,301 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,072,809 | DepreciationAmt |
| Book Value | $226,492 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,313,111 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,844,973 | DepreciationAmt |
| Book Value | $2,468,138 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,280,577 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,224,034 | DepreciationAmt |
| Book Value | $5,056,543 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $211,675,750 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Due to University of Louisville | Desc |
| Amt | $85,919,688 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $85,919,688 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $99,693,191 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,015,340 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | $1,015,340 | RevenueNotReportedAmt |
| Revenue Subtotal | $98,677,851 | RevenueSubtotalAmt |
| Other Revenues Not Included | $20,994 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $20,994 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $98,698,845 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $103,315,806 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$20,994 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$20,994 | ExpensesNotReportedAmt |
| Expenses Subtotal | $103,336,800 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $103,336,800 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part V, Line 4 Intended uses of endowment funds | The University of Louisville Athletic Association's main endowment investments are intended for athletic scholarships. |
| Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements | Reclass investment income netted with nonoperating expenses on financial statements - 20994 |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | Reclass investment income netted with nonoperating expenses on financial statements - -20994 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 790 | RecipientCnt |
| Cash Grant | $15,647,230 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | Students are selected and continue to receive assistance based on their ability to contribute to the athletic program of the University of Louisville. All financial aid both athletic and non-athletic is under the control of the university Office of Financial Aid. The Office of Athletic Compliance employs a full-time Compliance Coordinator who works as a liaison with the University Financial Aid Office to monitor all athletic and non-athletic financial aid provided to our student-athletes. This includes monitoring all individual and team NCAA limits, renewals, non-renewal and cancellation of athletic scholarships, the awarding of summer financial aid, and oversees the disbursement of the Student-Assistance fund for eligible student-athletes. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Prof Enid Trucios-Haynes | ||||||||||||||
| Former Vice Chair | $0 | $164,088 | $0 | $0 | $0 | $1,188 | $0 | $9,324 | $0 | $23,059 | $0 | $197,659 | $0 | $0 |
| Daniel A Durbin | ||||||||||||||
| Asst. Treasurer | $0 | $405,583 | $0 | $0 | $0 | $774 | $0 | $16,198 | $0 | $20,503 | $0 | $443,058 | $0 | $0 |
| Dr Neeli Bendapudi | ||||||||||||||
| President and Chair | $0 | $669,879 | $0 | $0 | $0 | $66,996 | $0 | $28,500 | $0 | $19,256 | $0 | $784,631 | $0 | $0 |
| Eugene G Mueller | ||||||||||||||
| Vice Chair | $0 | $146,542 | $0 | $0 | $0 | $774 | $0 | $6,708 | $0 | $18,477 | $0 | $172,501 | $0 | $0 |
| Dr Beth Boehm | ||||||||||||||
| Director to 3/31/21 | $0 | $394,624 | $0 | $0 | $0 | $1,188 | $0 | $21,760 | $0 | $14,887 | $0 | $432,459 | $0 | $0 |
| Dr Thomas Gerard Bradley | ||||||||||||||
| Director | $0 | $413,278 | $0 | $0 | $0 | $973 | $0 | $16,241 | $0 | $22,070 | $0 | $452,562 | $0 | $0 |
| Shannon I Rickett | ||||||||||||||
| Director | $0 | $139,993 | $0 | $0 | $0 | $180 | $0 | $7,711 | $0 | $13,803 | $0 | $161,687 | $0 | $0 |
| Jasmine L Farrier | ||||||||||||||
| Director | $0 | $185,011 | $0 | $0 | $0 | $414 | $0 | $9,854 | $0 | $16,036 | $0 | $211,315 | $0 | $0 |
| Mark J Watkins | ||||||||||||||
| Director | $0 | $262,037 | $0 | $0 | $0 | $414 | $0 | $14,771 | $0 | $21,137 | $0 | $298,359 | $0 | $0 |
| Whitney A Nash | ||||||||||||||
| Director | $0 | $177,471 | $0 | $0 | $0 | $774 | $0 | $9,516 | $0 | $18,477 | $0 | $206,238 | $0 | $0 |
| Vincent J Tyra | ||||||||||||||
| Athletic Director | $801,936 | $0 | $0 | $0 | $18,002 | $0 | $28,542 | $0 | $17,274 | $0 | $865,754 | $0 | $0 | $0 |
| Joshua Heird | ||||||||||||||
| Deputy Athletic Director | $209,618 | $0 | $0 | $0 | $5,231 | $0 | $7,889 | $0 | $20,117 | $0 | $242,855 | $0 | $0 | $0 |
| Jeff Walz | ||||||||||||||
| Women's Basketball Coach | $1,393,142 | $0 | $85,000 | $0 | $29,663 | $0 | $28,500 | $0 | $19,818 | $0 | $1,556,123 | $0 | $0 | $0 |
| Daniel S McDonnell | ||||||||||||||
| Men's Baseball Coach | $1,107,820 | $0 | $275,000 | $0 | $10,852 | $0 | $154,246 | $0 | $18,890 | $0 | $1,566,808 | $0 | $210,000 | $0 |
| Christopher L Mack | ||||||||||||||
| Men's Basketball Coach | $3,791,079 | $0 | $100,000 | $0 | $48,040 | $0 | $28,500 | $0 | $20,630 | $0 | $3,988,249 | $0 | $0 | $0 |
| Fredric Scott Satterfield | ||||||||||||||
| Head Football Coach | $3,079,733 | $0 | $300,000 | $0 | $30,484 | $0 | $28,500 | $0 | $19,477 | $0 | $3,458,194 | $0 | $0 | $0 |
| Billy Dwayne Ledford | ||||||||||||||
| Asst. Football Coach | $717,340 | $0 | $56,750 | $0 | $14,125 | $0 | $22,500 | $0 | $19,370 | $0 | $830,085 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a First-class or charter travel | Both the men's basketball and football teams travel to away competitions on charter planes. Charter service is submitted for competitive bids for both teams to obtain the price/service. This process is per industry standard for the majority of Division I schools. Per the organization's policies, first class airfare cannot be expensed back to the organization. |
| Schedule J, Part I, Line 1a Travel for companions | The organization obtains approval from the President's Office for all travel of athletic staff family members to special events such as post-season competitions, holiday tournaments, and other events where spouses are expected to attend for bona fide business purposes. Expenses are covered from unrestricted monies and not part of the Athletic Association's operating budget. All spousal or family member travel is taxed as applicable according to IRS rules and regulations. |
| Schedule J, Part I, Line 1a Health or social club dues or initiation fees | The organization is authorized to provide country club memberships for the athletic director and some of its coaching staff as part of their respective employment contracts. These benefits are taxed accordingly where provided. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | University of Louisville | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 611014882 | BondIssuerEIN |
| CUSIP | 914391R41 | CUSIPNum |
| Bond Issued | 2016-12-27 | BondIssuedDt |
| Issue Price | $81,099,955 | IssuePriceAmt |
| Purpose | Retire 2008 Bonds for finance of football stadium expansion | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $7,835,000 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $81,728,729 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $30,980,902 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $511,804 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $50,236,023 | CapitalExpendituresAmt |
| Other Spent Proceeds | $0 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Substantial Completion | 2018 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | false | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | Yes (true) | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (true) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (true) | EngageBondCounselContractsInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.1756 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.0 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.1756 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (true) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | Yes (true) | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Regulatory Safe Harbor Stsfd | false | RegulatorySafeHarborStsfdInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part II, Line 3 Total Proceeds of Issue | TOTAL PROCEEDS OF $81,728,729 LESS ALLOCATED INTEREST EARNINGS OF $628,774 RECONCILES TO THE ISSUE PRICE OF $81,099,955. |
| Schedule K, Part III, Line 6 Private Business Use | Pertains to various naming rights contracts. The average annual yearly private business use percent over the measurement period is 9.06 percent. |
| Schedule K, Part IV, Line 2c Rebate computation | As of the most recent calculation dated December 27, 2021, the bond has negative rebatable arbitrage totaling ($2,068,495). |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $201,874 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $59,500 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | MATERIALS & SUPPLIES | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $45,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Cost | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I Explanations of reporting method for number of contributions | FormAndLineReferenceDesc |
| Explanation | Securities - Publicly traded - CONTRIBUTIONS OF MULTIPLE SHARES OF STOCK Food inventory - Catering/food Other - MATERIALS & SUPPLIES MULTIPLE CONTRIBUTIONS OF MATERIALS AND SUPPLIES USED IN CONSTRUCTION PROJECT | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 18 TAX RETURN DISCLOSURE | COPIES OF THE ORGANIZATION'S MOST RECENT FORMS 990 AND 990-T ARE AVAILABLE UPON REQUEST. |
| Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders | The organization's bylaws provide for an executive committee. The executive committee includes the following members: (1) Chair of the board or the chair's designee; (2) Faculty Athletics Representative to the NCAA (FAR); (3) One vice president; (4) One administrator; (5) One faculty member; (6) One trustee; (7) One at-large member; and (8) the Responsible Officer (VP for Athletics) as non-voting, ex officio. The executive committee acts for the board in the interim between regular meetings in actions such as hiring of coaches and to elect, appoint, or remove other members of the board. Any majority vote for an action must include the President voting in the affirmative. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | University of Louisville finance personnel and an outside firm prepared the return and a copy of the return was provided to all board members for review prior to filing. |
| Form 990, Part VI, Line 12c Conflict of interest policy | If an item is presented to the Board of Directors (or any other policy board) for action, e.g., purchase of property, merging with another entity, buying services, etc., the Board member will disclose his or her possible conflict of interest and must recuse himself or herself from voting. The Board member also avoids participating in any decision or advocating for any decision of the Board. In some circumstances, e.g., when the conflict of the Board member places the Board member in competition with the University, the Board member will leave the board meeting during discussion or update on the action. Before any meeting of the various boards, an agenda is circulated to each member or director with descriptions of the action items. This allows sufficient time for any board member or director to alert the board about a potential conflict of interest. Past practice includes written disclosure by the board member outlining: (1) that a conflict of interest may exist; (2) the nature and extent of the conflict; and (3) the description and potential benefit, direct or indirect, to the member of the board. This information will be supplied to legal counsel and the entire board ahead of the meeting, and a copy of the information will be maintained in the board member's file. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | The process for determining compensation of the organization's Athletic Director, the top management official, involved all of the following elements: - Data gathering and analysis of compensation at comparably sized organizations by an independent third-party consulting firm along with benchmarking against other qualified officials in similarly situated positions; - Review and approval of the third-party firm's analysis by the organization's independent personnel committee; - Review and approval by the organization's board of directors pursuant to feedback from the personnel and the third-party consulting firm; and - Contemporaneous documentation of the compensation determination process by the third-party consulting firm and by both the personnel committee and the board of directors in each body's respective minutes. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | THE PROCESS FOR DETERMINING COMPENSATION OF THE DEPUTY ATHLETIC DIRECTOR INVOLVED ALL OF THE FOLLOWING ELEMENTS: - Data gathering by the board's independent personnel committee and analysis of compensation at comparably sized organizations along with benchmarking against other qualified officials in similarly situated positions; - Review and approval by the organization's board of directors; and - Contemporaneous documentation of the compensation determination process by the organization's administration and by the personnel committee and the board of directors in each body's respective minutes. |
| Form 990, Part VI, Line 19 Required documents available to the public | Copies of the organization's financial statements, articles of incorporation, and conflict of interest policy are available at www.louisville.edu or upon request. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| UNIVERSITY OF LOUISVILLE | ||||||||||
| UNIVERSITY OF LOUISVILLE | LOUISVILLE | KY | 40292 | 611014882 | EDUCATION | KY | NA | false | ||
| UNIVERSITY OF LOUISVILLE RESEARCH FOUNDATION INC | ||||||||||
| UNIVERSITY OF LOUISVILLE | LOUISVILLE | KY | 40292 | 611029626 | RESEARCH | KY | UNIVERSITY OF LOUISVILLE | false | 501(c)(3) | 5 |
| UNIVERSITY OF LOUISVILLE MEDICAL SCHOOL PRACTICE ASSOC | ||||||||||
| 550 SOUTH JACKSON STREET | LOUISVILLE | KY | 40202 | 611250153 | MEDICAL CARE | KY | UNIVERSITY OF LOUISVILLE | false | 501(c)(3) | 7 |
| UNIVERSITY PHYSICIANS GROUP INC | ||||||||||
| 323 EAST CHESTNUT STREET | LOUISVILLE | KY | 402021823 | 611346817 | MEDICAL CARE | KY | UNIVERSITY OF LOUISVILLE | false | 501(c)(3) | 3 |
| UNIVERSITY MEDICAL CENTER INC | ||||||||||
| 250 E LIBERTY ST | LOUISVILLE | KY | 40202 | 611293786 | MEDICAL CARE | KY | UNIVERSITY OF LOUISVILLE | false | 501(c)(3) | 3 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (true) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |