UNIVERSITY OF LOUISVILLE ATHLETIC: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF LOUISVILLE ATHLETIC (EIN 31-1106941)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-05-16
- IRS object ID
- 201611379349308301
- Schema version
- 2014v6.0
- 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 F
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-05-16T15:14:41-05:00 | ReturnTs |
| Tax Period End | 2015-06-30 | 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 HORWATH LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9600 Brownsboro Road | AddressLine1Txt |
| Address Line2 | Suite 400 | AddressLine2Txt |
| City | Louisville | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 402411122 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | 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 | Controllers Office Service Complex | AddressLine1Txt |
| City | Louisville | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40292 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Harlan M Sands | PersonNm |
| Person Title | Asst. Treasurer | PersonTitleTxt |
| Signature | 2016-05-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
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 | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | James Ramsey | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Controllers Office Service Complex | AddressLine1Txt |
| City | Louisville | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40292 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $108,641,345 | 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 support and counsel our student-athletes so they will maximize their potential at U of L and be successful in preparing for their future lives. | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 619 | TotalEmployeeCnt |
| Total Volunteers | 213 | TotalVolunteersCnt |
| Total Gross UBI | $365,915 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $46,665,314 | PYContributionsGrantsAmt |
| CY Contributions Grants | $36,664,155 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $45,288,756 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $49,432,784 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$66,585 | PYInvestmentIncomeAmt |
| CY Investment Income | $449,011 | CYInvestmentIncomeAmt |
| PY Other Revenue | $8,925,613 | PYOtherRevenueAmt |
| CY Other Revenue | $19,386,928 | CYOtherRevenueAmt |
| PY Total Revenue | $100,813,098 | PYTotalRevenueAmt |
| CY Total Revenue | $105,932,878 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $13,349,268 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $14,544,101 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $36,638,840 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $41,386,972 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,907,521 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $38,941,841 | PYOtherExpensesAmt |
| CY Other Expenses | $41,946,122 | CYOtherExpensesAmt |
| PY Total Expenses | $88,929,949 | PYTotalExpensesAmt |
| CY Total Expenses | $97,877,195 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $11,883,149 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $8,055,683 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $266,274,898 | TotalAssetsBOYAmt |
| Total Assets EOY | $263,678,125 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $133,998,897 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $125,866,525 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $132,276,001 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $137,811,600 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Our mission is to support and counsel our student-athletes so they will maximize their potential at U of L and be successful in preparing for their future lives. We will provide leadership for our student-athletes to inspire their achievement of the goals established in this mission statement. U of L's competitive athletics provide an outstanding leadership laboratory, and its high quality classroom instruction provides outstanding educational opportunities. It is our responsibility to assure that our student-athletes benefit from these educational and athletic experiences at U of L. To help accomplish our mission, we provide superior services to our fans and donors, the primary financial resources that support our program. These services result in the best opportunities for our student-athletes to participate in well-supported, competitive programs that bring renewed spirit to our campus, our alumni, and the Louisville community. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $90,165,655 | ExpenseAmt |
| Grant | $14,544,101 | GrantAmt |
| Revenue | $50,863,488 | RevenueAmt |
| Desc | The University of Louisville Athletics Association (ULAA) made history in 2014-15, competing in its first year in the Atlantic Coast Conference. Among the numerous accomplishments, the baseball team won the ACC Atlantic Division regular-season title to become the first program in school history to win an ACC team title. The team set a conference record for league wins in a single season finishing with a 25-5 mark. At the individual level, a junior student athlete won two national titles in the 100-fly and 200-fly in addition to breaking the American record in the 100-fly and the fastest split (22.34) in the 50 fly in the sport's history. Overall, 10 teams - five men's and five women's - finished 2014-15 ranked in the nation's Top 25, and the University was one of just two schools with its football and men's and women's basketball teams all ranked in the Associated Press Top 25. Of the teams advancing in postseason play, the football program participated in its 14th bowl game in the last 17 seasons, the men's basketball team reached its 14th NCAA Elite Eight, the women's basketball program advanced to its sixth Sweet 16, and baseball played in its third-consecutive NCAA Super Regional. Academically, Louisville athletics teams posted a collective 3.125 GPA during the 2014-15 year, with 20 of 23 teams achieving a 3.0 or better for the 2015 spring semester. Three student-athletes earned Capital One CoSIDA Academic All-America honors. A total of 276 student-athletes have a cumulative GPA of 3.25 or better. ULAA student-athletes completed over 8,000 service hours through its CardsCARE community outreach program during the 2014-15 year, a total that ranked second in the nation in the NCAA Team Works Challenge. ULAA's student-athletes also earned recognition from the professional ranks. Thirteen Cardinals were selected in their respective sport's drafts, including first-round NFL pick DeVante Parker. Individual achievements included four league players of the year and two coaches earn ACC Coach of the Year honors. During the fall, ULAA opened a state-of-the-art soccer facility with the Mark and Cindy Lynn Stadium. The Cardinals concluded the campaign with their second-highest finish in school history in the 2014-15 Learfield Sports Directors' Cup Division I standings, placing 29th. | Desc |
| Total Program Service Expenses | $90,165,655 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| 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 | Yes (true) | 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 | Yes (true) | 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 With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| 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 | 358 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 619 | EmployeeCnt |
| 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | 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 | false | 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 | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | John R Shipley | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5028527072 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dr James R Ramsey | ||||||||||
| President and Chair | 0.50 | 49.50 | Yes (X) | Yes (X) | $0 | $340,650 | $38,257 | |||
| Prof Enid Trucios-Haynes | ||||||||||
| Vice Chair | 0.50 | 49.50 | Yes (X) | Yes (X) | $0 | $161,963 | $32,090 | |||
| Douglas Hall | ||||||||||
| Secretary | 0.50 | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Ron Butt CFP | ||||||||||
| Treasurer | 0.50 | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Victoria Ann Allen | ||||||||||
| Director (from 5/10/2015) | 0.50 | 1.00 | Yes (X) | $0 | $3,195 | $0 | ||||
| William W Armstrong | ||||||||||
| Director | 0.50 | 49.50 | Yes (X) | $0 | $58,729 | $23,554 | ||||
| Eric Berson PhD | ||||||||||
| Director | 0.50 | 49.50 | Yes (X) | $0 | $104,489 | $16,989 | ||||
| Chip Blankenship | ||||||||||
| Director | 0.50 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Ulysses L Bridgeman Jr | ||||||||||
| Director | 0.50 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Pedro Coutinho | ||||||||||
| Director (From 5/1/2015) | 0.50 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Prof Carmine Esposito | ||||||||||
| Director | 0.50 | 49.50 | Yes (X) | $0 | $142,088 | $27,714 | ||||
| Ed Glasscock | ||||||||||
| Director | 0.50 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Monali Haldankar | ||||||||||
| Director (To 5/9/2015) | 0.50 | 0.50 | Yes (X) | $0 | $0 | $0 | ||||
| Dr Mary Hums | ||||||||||
| Director | 0.50 | 49.50 | Yes (X) | $0 | $91,449 | $21,423 | ||||
| A Keith Inman | ||||||||||
| Director | 0.50 | 49.50 | Yes (X) | $0 | $322,668 | $46,669 | ||||
| D Harry Jones | ||||||||||
| Director | 0.50 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Prof Bruce Kemelgor | ||||||||||
| Director | 0.50 | 49.50 | Yes (X) | $0 | $106,619 | $26,522 | ||||
| Jim King | ||||||||||
| Director (to 1/14/15) | 0.50 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Rebecca Maddock | ||||||||||
| Director (To 4/30/2015) | 0.50 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Cynthia McClellen | ||||||||||
| Director | 0.50 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Sam Rechter | ||||||||||
| Diector | 0.50 | 0 | Yes (X) | $0 | $0 | $0 | ||||
| Robert Staat MD | ||||||||||
| Director | 0.50 | 49.50 | Yes (X) | $0 | $118,870 | $30,988 | ||||
| Jessica R Stumbo MD | ||||||||||
| Director | 0.50 | 49.50 | Yes (X) | $0 | $142,833 | $33,238 | ||||
| Prof Karen Turner | ||||||||||
| Director | 0.50 | 49.50 | Yes (X) | $0 | $67,667 | $11,102 | ||||
| Shirley C Willihnganz PhD | ||||||||||
| Director | 0.50 | 49.50 | Yes (X) | $0 | $342,276 | $55,834 | ||||
| Prof Elaine O Wise | ||||||||||
| Director | 0.50 | 49.50 | Yes (X) | $0 | $95,370 | $23,307 | ||||
| Thomas M Jurich | ||||||||||
| Athletic Director | 50.00 | 0 | Yes (X) | $3,195,066 | $0 | $270,642 | ||||
| Susan I Howarth | ||||||||||
| Assistant Treasurer | 0.50 | 49.00 | Yes (X) | $0 | $254,392 | $32,934 | ||||
| Dana B Mayton JD | ||||||||||
| Legal Counsel | 0.50 | 49.50 | Yes (X) | $0 | $221,201 | $39,315 | ||||
| Kathleen M Smith | ||||||||||
| Assistant Secretary | 0.50 | 49.50 | Yes (X) | $0 | $147,706 | $31,717 | ||||
| Ronald Kevin Miller | ||||||||||
| Executive Senior Associate Athletic Director | 50.00 | 0 | $237,956 | $0 | $40,877 | Yes (X) | ||||
| Richard Pitino | ||||||||||
| Men's Basketball Coach | 50.00 | 0 | $5,212,506 | $0 | $447,633 | Yes (X) | ||||
| Robert P Petrino | ||||||||||
| Men's Football Coach | 50.00 | 0 | $3,694,493 | $0 | $42,543 | Yes (X) | ||||
| Jeff Walz | ||||||||||
| Women's Basketball Coach | 50.00 | 0 | $1,136,771 | $0 | $455,444 | Yes (X) | ||||
| Jeffrey Todd Grantham | ||||||||||
| Asst. Men's Football Coach | 50.00 | 0 | $1,031,167 | $0 | $42,206 | Yes (X) | ||||
| Denny Crum | ||||||||||
| Assistant to the President | 50.00 | 0 | $836,462 | $0 | $50,518 | Yes (X) | ||||
| Michael J Curtin (Former) | ||||||||||
| Former Asst. Treasurer | 0 | $0 | $210,292 | $0 | Yes (X) | |||||
| Angela D Koshewa JD | ||||||||||
| Former legal counsel | 0 | $0 | $445,206 | $15,346 | Yes (X) | |||||
| Pamela Feldhoff PhD | ||||||||||
| Former Vice Chair | 49.50 | $0 | $114,443 | $23,468 | Yes (X) | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $15,344,421 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $3,492,106 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,880,331 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 55 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (true) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line2ContractorAddress/USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| Abel Construction Co Inc | ||||||
| 3401 Bashford Avenue Ct | Louisville | KY | 40218 | Construction services | $11,831,728 | |
| Koetter Construction & Development | ||||||
| 7393 Pete Andres Road | Floyd Knobs | IN | 47119 | Construction services | $1,649,429 | |
| AEG Management Louisville LLC | ||||||
| 1 Arena Plaza | Louisville | KY | 40202 | Event Management | $1,263,812 | |
| Air Charter Services LLC | ||||||
| 2500 E Las Olas Blvd | Ft Lauderdale | FL | 33301 | Travel services | $1,005,560 | Ste 1409 |
| Pro Sound Inc | ||||||
| 1375 NE 123rd St | Miami | FL | 33161 | Broadcast services | $864,275 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 42 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $139,222 | RelatedOrganizationsAmt |
| All Other Contributions | $36,524,933 | AllOtherContributionsAmt |
| Noncash Contributions | $766,227 | NoncashContributionsAmt |
| Total Contributions | $36,664,155 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Total Sports Revenue | 711210 | $47,453,066 | $47,087,151 | $365,915 |
| Student Athletic Fees and Related | 713940 | $1,979,718 | $1,979,718 |
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 | $49,432,784 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $393,734 | TotalRevenueColumnAmt |
| Exclusion | $393,734 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $17,590,309 | TotalRevenueColumnAmt |
| Exclusion | $17,590,309 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,763,744 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,708,467 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $55,277 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $55,277 | TotalRevenueColumnAmt |
| Exclusion | $55,277 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Administrative Support Services | 561990 | $1,083,893 | $1,083,893 |
| Marketing and Development Revenue | 711320 | $629,834 | $629,834 |
| Other Operating Revenues | 900099 | $82,892 | $82,892 |
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 | $1,796,619 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $105,932,878 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $50,863,488 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $365,915 | UnrelatedBusinessRevenueAmt |
| Exclusion | $18,039,320 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,134,092 | TotalAmt |
| Program Services | $1,134,092 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,410,009 | TotalAmt |
| Program Services | $13,410,009 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,484,939 | TotalAmt |
| Management And General | $3,484,939 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,772,249 | TotalAmt |
| Program Services | $30,427,326 | ProgramServicesAmt |
| Management And General | $947,388 | ManagementAndGeneralAmt |
| Fundraising | $397,535 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,541,443 | TotalAmt |
| Program Services | $4,149,889 | ProgramServicesAmt |
| Management And General | $293,471 | ManagementAndGeneralAmt |
| Fundraising | $98,083 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,588,341 | TotalAmt |
| Program Services | $1,430,324 | ProgramServicesAmt |
| Management And General | $128,433 | ManagementAndGeneralAmt |
| Fundraising | $29,584 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,406 | TotalAmt |
| Program Services | $41,564 | ProgramServicesAmt |
| Management And General | $15,842 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,800 | TotalAmt |
| Management And General | $11,200 | ManagementAndGeneralAmt |
| Fundraising | $4,600 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,036,469 | TotalAmt |
| Program Services | $4,561,504 | ProgramServicesAmt |
| Management And General | $365,915 | ManagementAndGeneralAmt |
| Fundraising | $109,050 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $390,209 | TotalAmt |
| Program Services | $327,791 | ProgramServicesAmt |
| Management And General | $8,698 | ManagementAndGeneralAmt |
| Fundraising | $53,720 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $325,901 | TotalAmt |
| Program Services | $263,430 | ProgramServicesAmt |
| Management And General | $18,921 | ManagementAndGeneralAmt |
| Fundraising | $43,550 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,600,468 | TotalAmt |
| Program Services | $1,409,962 | ProgramServicesAmt |
| Management And General | $33,734 | ManagementAndGeneralAmt |
| Fundraising | $156,772 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,337,022 | TotalAmt |
| Program Services | $3,314,422 | ProgramServicesAmt |
| Management And General | $12,000 | ManagementAndGeneralAmt |
| Fundraising | $10,600 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,609,452 | TotalAmt |
| Program Services | $9,146,007 | ProgramServicesAmt |
| Management And General | $48,334 | ManagementAndGeneralAmt |
| Fundraising | $415,111 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,714 | TotalAmt |
| Program Services | $5,714 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,557,015 | TotalAmt |
| Program Services | $2,557,015 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,985,910 | TotalAmt |
| Program Services | $4,985,910 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,400,495 | TotalAmt |
| Program Services | $1,364,463 | ProgramServicesAmt |
| Management And General | $36,032 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Athletic event fees and expenses | $3,372,686 | $3,214,706 | $5,771 | $152,209 |
| Repairs and maintenance | $2,299,925 | $2,187,781 | $3,941 | $108,203 |
| Small equipment purchases and rentals | $2,011,035 | $1,935,294 | $2,879 | $72,862 |
| Other licenses and fees | $1,237,970 | $1,237,445 | $525 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,702,645 | TotalAmt |
| Program Services | $3,061,007 | ProgramServicesAmt |
| Management And General | $385,996 | ManagementAndGeneralAmt |
| Fundraising | $255,642 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,877,195 | TotalAmt |
| Program Services | $90,165,655 | ProgramServicesAmt |
| Management And General | $5,804,019 | ManagementAndGeneralAmt |
| Fundraising | $1,907,521 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,400 | BOYAmt |
| EOY | $52,500 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,262,839 | BOYAmt |
| EOY | $45,237,790 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,209,669 | BOYAmt |
| EOY | $6,478,627 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,798,999 | BOYAmt |
| EOY | $21,714,672 | 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $199,007,615 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $45,993,813 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $154,146,928 | BOYAmt |
| EOY | $153,013,802 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,641,852 | BOYAmt |
| EOY | $30,917,361 | 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 | $7,162,211 | BOYAmt |
| EOY | $6,263,373 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $266,274,898 | BOYAmt |
| EOY | $263,678,125 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,408,551 | BOYAmt |
| EOY | $14,700,368 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,612,485 | BOYAmt |
| EOY | $39,674,991 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,360,000 | BOYAmt |
| EOY | $46,810,000 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,129,320 | BOYAmt |
| EOY | $14,192,625 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,488,541 | BOYAmt |
| EOY | $10,488,541 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $133,998,897 | BOYAmt |
| EOY | $125,866,525 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $132,276,001 | BOYAmt |
| EOY | $137,811,600 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $132,276,001 | BOYAmt |
| EOY | $137,811,600 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $266,274,898 | BOYAmt |
| EOY | $263,678,125 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $8,055,683 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$2,520,084 | 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 |
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 and is therefore not required to obtain recognition of its public charity status. | 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 | $29,247,622 | BeginningYearBalanceAmt |
| Contributions | $1,392,416 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,409,266 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $310,986 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,153,104 | OtherExpendituresAmt |
| Administrative Expenses | $341,163 | AdministrativeExpensesAmt |
| End Year Balance | $26,425,519 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $28,506,150 | BeginningYearBalanceAmt |
| Contributions | $226,407 | ContributionsAmt |
| Investment Earnings Or Losses | $1,583,825 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $136,252 | GrantsOrScholarshipsAmt |
| Other Expenditures | $607,075 | OtherExpendituresAmt |
| Administrative Expenses | $325,433 | AdministrativeExpensesAmt |
| End Year Balance | $29,247,622 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $32,181,351 | BeginningYearBalanceAmt |
| Contributions | $980,365 | ContributionsAmt |
| Investment Earnings Or Losses | $2,279,829 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,567,305 | OtherExpendituresAmt |
| Administrative Expenses | $368,090 | AdministrativeExpensesAmt |
| End Year Balance | $28,506,150 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $32,931,199 | BeginningYearBalanceAmt |
| Contributions | $44,694 | ContributionsAmt |
| Investment Earnings Or Losses | $694,095 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $0 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,139,100 | OtherExpendituresAmt |
| Administrative Expenses | $349,537 | AdministrativeExpensesAmt |
| End Year Balance | $32,181,351 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $27,798,345 | BeginningYearBalanceAmt |
| Contributions | $148,400 | ContributionsAmt |
| Investment Earnings Or Losses | $4,300,310 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $112,368 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$1,025,082 | OtherExpendituresAmt |
| Administrative Expenses | $228,570 | AdministrativeExpensesAmt |
| End Year Balance | $32,931,199 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.9633 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.0367 | 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 | $185,494,012 | OtherCostOrOtherBasisAmt |
| Depreciation | $43,382,662 | DepreciationAmt |
| Book Value | $142,111,350 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,299,301 | OtherCostOrOtherBasisAmt |
| Depreciation | $724,437 | DepreciationAmt |
| Book Value | $574,864 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,776,587 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,496,129 | DepreciationAmt |
| Book Value | $1,280,458 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,286,804 | OtherCostOrOtherBasisAmt |
| Depreciation | $390,585 | DepreciationAmt |
| Book Value | $3,896,219 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $153,013,802 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Due to University of Louisville Foundation, Inc. | $315,539 |
| Note Payable to University of Louisville Foundation, Inc. | $1,000,000 |
| Due to University of Louisville | $9,173,002 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $10,488,541 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $104,045,377 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$2,520,084 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $0 | OtherRevenueAmt |
| Revenue Not Reported | -$2,520,084 | RevenueNotReportedAmt |
| Revenue Subtotal | $106,565,461 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$632,583 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$632,583 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $105,932,878 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $98,510,377 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $633,182 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $633,182 | ExpensesNotReportedAmt |
| Expenses Subtotal | $97,877,195 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $97,877,195 | 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 investment is the Hickman Camp program, which is unrestricted and undesignated. This program represents approximately 72% of the organization's total endowment investment. In recent years the funds have been used for scholarships. The balance of the endowment investments are intended for athletic scholarships, administrative compensation, and stadium maintenance. |
| Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements | Operating revenues netted with expenses on audited fin. stmts. - 1832224 Net investment loss included with expenses on audited fin. stmts. - -2464807 |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | OPERATING REVENUES NETTED WITH EXPENSES ON AUDITED FIN. STMTS. - -1832224 NET INVESTMENT LOSS INCLUDED WITH EXPENSES ON AUDITED FIN. STMTS. - 2464807 OTHER MISCELLANEOUS - 599 |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | Europe (Including Iceland and Greenland) | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | Program Services | TypeOfActivitiesConductedTxt |
| Specific Services Provided | STUDENT ATHLETE RECRUITING AND TEAM TRAVEL | SpecificServicesProvidedTxt |
| Region Total Expenditures | $102,798 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $102,798 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $102,798 | TotalSpentAmt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | University of Louisville Foundation | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 215 Central Avenue | AddressLine1Txt |
| City | Louisville | CityNm |
| State Abbreviation | KY | StateAbbreviationCd |
| ZIP | 40208 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 237078461 | RecipientEIN |
| IRC Section | 501(c)(3) | IRCSectionDesc |
| Cash Grant | $1,134,092 | CashGrantAmt |
| Purpose Of Grant | Support | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 741 | RecipientCnt |
| Cash Grant | $13,410,009 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule I, Part I, Line 2 Description Of Procedure For Monitoring Use Of Grant Funds | 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. |
| Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | 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. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| 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 | Yes (true) | 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 (19 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pamela Feldhoff PhD | ||||||||||||||
| Former Vice Chair | $0 | $112,157 | $0 | $0 | $0 | $2,286 | $0 | $10,647 | $0 | $12,821 | $0 | $137,911 | $0 | $0 |
| Dr James R Ramsey | ||||||||||||||
| President and Chair | $0 | $338,364 | $0 | $0 | $0 | $2,286 | $0 | $19,750 | $0 | $18,507 | $0 | $378,907 | $0 | $0 |
| Prof Enid Trucios-Haynes | ||||||||||||||
| Vice Chair | $0 | $161,549 | $0 | $0 | $0 | $414 | $0 | $14,589 | $0 | $17,501 | $0 | $194,053 | $0 | $0 |
| Prof Carmine Esposito | ||||||||||||||
| Director | $0 | $120,500 | $0 | $0 | $0 | $21,588 | $0 | $12,518 | $0 | $15,196 | $0 | $169,802 | $0 | $0 |
| A Keith Inman | ||||||||||||||
| Director | $0 | $306,067 | $0 | $3,827 | $0 | $12,774 | $0 | $26,000 | $0 | $20,669 | $0 | $369,337 | $0 | $0 |
| Jessica R Stumbo MD | ||||||||||||||
| Director | $0 | $142,671 | $0 | $0 | $0 | $162 | $0 | $15,036 | $0 | $18,202 | $0 | $176,071 | $0 | $0 |
| Shirley C Willihnganz PhD | ||||||||||||||
| Director | $0 | $329,031 | $0 | $0 | $0 | $13,245 | $0 | $38,250 | $0 | $17,584 | $0 | $398,110 | $0 | $0 |
| Michael J Curtin (Former) | ||||||||||||||
| Former Asst. Treasurer | $0 | $0 | $0 | $0 | $0 | $210,292 | $0 | $0 | $0 | $0 | $0 | $210,292 | $0 | $0 |
| Angela D Koshewa JD | ||||||||||||||
| Former legal counsel | $0 | $97,867 | $0 | $0 | $0 | $347,339 | $0 | $9,894 | $0 | $5,452 | $0 | $460,552 | $0 | $0 |
| Thomas M Jurich | ||||||||||||||
| Athletic Director | $750,621 | $0 | $546,500 | $0 | $1,897,945 | $0 | $251,313 | $0 | $19,329 | $0 | $3,465,708 | $0 | $833,333 | $0 |
| Susan I Howarth | ||||||||||||||
| Assistant Treasurer | $0 | $201,978 | $0 | $40,000 | $0 | $12,414 | $0 | $20,399 | $0 | $12,535 | $0 | $287,325 | $0 | $0 |
| Dana B Mayton JD | ||||||||||||||
| Legal Counsel | $0 | $220,187 | $0 | $0 | $0 | $1,014 | $0 | $22,635 | $0 | $16,680 | $0 | $260,516 | $0 | $0 |
| Kathleen M Smith | ||||||||||||||
| Assistant Secretary | $0 | $133,420 | $0 | $0 | $0 | $14,286 | $0 | $18,191 | $0 | $13,526 | $0 | $179,423 | $0 | $0 |
| Ronald Kevin Miller | ||||||||||||||
| Executive Senior Associate Athletic Director | $230,768 | $0 | $0 | $0 | $7,188 | $0 | $23,739 | $0 | $17,137 | $0 | $278,833 | $0 | $0 | $0 |
| Richard Pitino | ||||||||||||||
| Men's Basketball Coach | $3,892,184 | $0 | $335,000 | $0 | $985,322 | $0 | $429,305 | $0 | $18,328 | $0 | $5,660,139 | $0 | $600,000 | $0 |
| Robert P Petrino | ||||||||||||||
| Men's Football Coach | $2,928,212 | $0 | $757,667 | $0 | $8,614 | $0 | $26,000 | $0 | $16,543 | $0 | $3,737,036 | $0 | $0 | $0 |
| Jeff Walz | ||||||||||||||
| Women's Basketball Coach | $1,040,683 | $0 | $85,000 | $0 | $11,088 | $0 | $435,615 | $0 | $19,829 | $0 | $1,592,215 | $0 | $0 | $0 |
| Jeffrey Todd Grantham | ||||||||||||||
| Asst. Men's Football Coach | $940,169 | $0 | $81,250 | $0 | $9,748 | $0 | $26,000 | $0 | $16,206 | $0 | $1,073,373 | $0 | $0 | $0 |
| Denny Crum | ||||||||||||||
| Assistant to the President | $331,684 | $0 | $0 | $0 | $504,778 | $0 | $33,800 | $0 | $16,718 | $0 | $886,981 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a First-class or charter travel | Both the men's football and men's basketball 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 1 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. |
| Schedule J, Part I, Line 1a Tax indemnification and gross-up payments | Thomas Jurich - $767,451 tax gross ups on additional insurance premiums, deferred compensation benefits, and extraordinary performance bonus per contract. Richard Pitino - $7,167 tax gross up on additional insurance benefit per employment contract. |
| 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 coaches as part of their respective employment contracts. These benefits are taxed accordingly based on personal vs. business usage. Monthly dues are paid directly by the organization and employees are reimbursed for any business related expenses under the organization's accountable plan on a monthly basis. |
| Schedule J, Part I, Line 1a Personal services | Financial planning services are allowed for the Director of Athletics and are capped at a set amount per calendar year. The expenses are paid by the organization and the employee is taxed on the amount of the services provided each year. |
| Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan | Jeffrey Walz - $409,615 deferred retention bonuses on Section 457(f) nonqualified deferred compensation arrangements per employment contract. No amounts paid during 2014. Richard Pitino - $403,305 reportable deferred retention bonuses on Section 457(f) nonqualified deferred compensation arrangements per employment contract. $600,000 reported in prior years and paid in 2014. Thomas Jurich - $225,313 reportable deferred retention bonuses on Section 457(f) nonqualified deferred compensation arrangements per employment contract. $500,000 in nonqualified deferred compensation paid during the year. Also, a performance bonus of $333,334 was paid during 2014 and reported as deferred in the prior year. |
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 | LouisvilleJefferson County Metro Government | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 320049006 | BondIssuerEIN |
| CUSIP | 54675PBN4 | CUSIPNum |
| Bond Issued | 2008-08-05 | BondIssuedDt |
| Issue Price | $84,120,788 | IssuePriceAmt |
| Purpose | Retire 1997 Bonds and finance 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 | $36,470,000 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $88,368,153 | TotalProceedsAmt |
| In Reserve Fund | $5,676,721 | InReserveFundAmt |
| Capitalized Interest | $3,304,550 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $984,671 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $26,343 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $69,529,380 | CapitalExpendituresAmt |
| Other Spent Proceeds | $11,863,455 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Substantial Completion | 2010 | SubstantialCompletionYr |
| Current Refunding | Yes (true) | CurrentRefundingInd |
| Advance Refunding | false | AdvanceRefundingInd |
| 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 | 0.135 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.0 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.135 | 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 | Yes (true) | GrossProceedsInvestedInGICInd |
GIC Provider Name GICProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | See Part VI | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Regulatory Safe Harbor Stsfd | Yes (true) | 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 (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part II, Line 3 Total Proceeds of Issue | Total proceeds of $88,368,153 less interest earnings of $4,247,365 reconciles to the issue price of $84,120,788. |
| 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 9.23 percent. |
| Schedule K, Part II, Line 4 Gross Proceeds in Reserve Funds | Amount includes $3,016,968 of transferred proceeds. |
| Schedule K, Part IV, Line 5b Provider and Term | Part IV Lines 5b and 5c - GIC #1 Provider = Natixis Term = 17 Years; GIC #2 = West LB Term = 10 Years |
| Schedule K, Part IV, Line 2c Rebate computation | Rebate computation performed as of June 30, 2013, resulting in negative liability totaling $1,123,153. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $766,227 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | 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: SINGLE CONTRIBUTION OF MULTIPLE SHARES OF STOCK | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 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 15b OTHER EMPLOYEE COMPENSATION DETERMINATION PROCESS | THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS AND OTHER KEY EMPLOYEES INVOLVED ALL OF THE FOLLOWING ELEMENTS: - DATA GATHERING 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 ATHLETIC DIRECTOR AND EXECUTIVE SENIOR ASSOCIATE ATHLETIC DIRECTOR; AND - CONTEMPORANEOUS DOCUMENTATION OF THE COMPENSATION DETERMINATION PROCESS. |
| 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 involved all of the following elements: - Data gathering and analysis of compensation at comparably sized organizations along with benchmarking against other qualified officials in similarly situated positions; - Review and approval by an independent Personnel Committee; - Review and approval by the independent Board of Directors of the organization pursuant to feedback from the Personnel Committee; and - Contemporaneous documentation of the compensation determination process 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 FUND INC | ||||||||||
| UNIVERSITY OF LOUISVILLE | LOUISVILLE | KY | 40292 | 610888729 | EDUCATION | KY | UNIVERSITY OF LOUISVILLE | false | 501(c)(3 | Type I |
| UNIVERSITY PHYSICIANS GROUP INC | ||||||||||
| 323 EAST CHESTNUT STREET | LOUISVILLE | KY | 402021823 | 611346817 | MEDICAL CARE | KY | UNIVERSITY OF LOUISVILLE | false | 501(c)(3 | 3 |
| UNIVERSITY OF LOUISVILLE MEDICAL SCHOOL PRACTICE ASSOC | ||||||||||
| 555 SOUTH JACKSON STREET | LOUISVILLE | KY | 40202 | 611250153 | MEDICAL CARE | KY | UNIVERSITY OF LOUISVILLE | false | 501(c)(3 | 7 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | 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 | false | 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 | Yes (true) | 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 |