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Kentucky · Nonprofit

Louisville Visual Art Inc

Louisville Visual Art Inc (Kentucky) receives grants from 29 organizations whose IRS filings report $2,081,856 to it, the largest being FUND FOR THE ARTS INC ($793,891). 19 of them have funded it in more than one year.

Revenue FY2025
$805k
Funders on record
29
Grants received
$2.1M
Net assets
$2.5M
19/29 repeat funderspeak grant-dependency 30%
01What it does

What Louisville Visual Art Inc does

Mission

To improve lives through visual arts education, community outreach, and artist support.

As stated on its FY2025 Form 990.

Programs

  1. LVA's Curate, Purchase, Inspire (CPI) is an annual program funded by a single donor. A local artist is chosen to curate the purchase of art for a public space, thereby giving experience and resources to artists who haven't had access previously. Funds received are recognized as a pleadge recievable decrease and expenditures are recognized as "Collections of Art" under GAAP. These amounts are actual progam budgeted funds.

    $80,000 spent$100,000 earned by the program
    18% of program spending
  2. LVA's CFAC program provises art education programs for after school in elementary and middle schools.

    $75,364 spent$84,616 earned by the program
    17% of program spending
  3. LVA's Open Doors Program brings art education and art activities to traditionally ignored communities.

    $4,140 spent$21,185 earned by the program
    1% of program spending
  4. Other program services, not described on the e-filed return.

    $278,534 spent
    64% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $438,038.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($840k) Expenses 100 ($780k) Net assets 100 ($1.2M)2018 Revenue 90 ($760k) Expenses 100 ($783k) Net assets 100 ($1.2M)2019 Revenue 87 ($728k) Expenses 90 ($706k) Net assets 108 ($1.3M)2020 Revenue 82 ($690k) Expenses 83 ($646k) Net assets 115 ($1.4M)2021 Revenue 106 ($889k) Expenses 82 ($643k) Net assets 154 ($1.8M)2022 Revenue 211 ($1.8M) Expenses 103 ($807k) Net assets 228 ($2.7M)2023 Revenue 126 ($1.1M) Expenses 134 ($1.0M) Net assets 229 ($2.7M)2024 Revenue 112 ($945k) Expenses 116 ($904k) Net assets 236 ($2.8M)2025 Revenue 96 ($805k) Expenses 112 ($875k) Net assets 210 ($2.5M)
'17'18'19'20'21'22'23'24'25
Revenue (96)Expenses (112)Net assets (210)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $2.1M to $3.0M (+42%).

$1.4M
$1.3M
$1.4M
$1.5M
$2.1M
$3.0M
$3.0M
$3.0M
$2.7M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 8% · 2020 5% · 2021 14% · 2022 1% · 2023 3% · 2024 8% · 2025 4%. Grants only. Government contracts and fees sit inside program revenue.

71% of Louisville Visual Art Inc’s revenue is contributions — more donation-reliant than the typical peer (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$60k
’17
−$23k
’18
$22k
’19
$44k
’20
$246k
’21
$962k
’22
$11k
’23
$41k
’24
−$70k
’25
4.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Angela Hagan

Executive Director

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2020 and FY2021, and between the FY2024 and FY2025 filings.

'17'18'19'20'21'22'23'24'25
Listed232627251618181922
Joined·+10+1+2+6+3+0+4+14
No longer listed·7041510311
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 11 funders, grant income rose $136k → $318k.

7 of 29 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 29% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Louisville Visual Art Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Louisville Visual Art Inc leans on a few funders — its largest provides 38% of grant income and the top three 77%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

73% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Louisville Visual Art Inc.

38%
largest funder
77%
top three
~4
effective funders

Largest funder’s share by year: 2017 47% · 2018 37% · 2019 41% · 2020 56% · 2021 35% · 2022 58% · 2023 39% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

33% of Louisville Visual Art Inc's funders are still giving 3 years after their first grant; 66% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

67% of Louisville Visual Art Inc's grant income comes from Kentucky funders.

WI
IN
PA
KY
NM
AR
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Kentucky out of state home

Funder states come from each funder’s own filing. $605k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Louisville Visual Art Inc's funding base is broadening — from 4 funders to 11 as grant income climbed.

Operating margin−9% · bottom quartile
Months of reserve4.5mo · below the median
Revenue growth (annualized)−1% · bottom quartile

this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025

Government funding Louisville Visual Art Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $25k on record.

Federal$25k
grants $25kcontracts $0
17
21
Top agencies
  • National Endowment for the Arts$25k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Louisville Visual Art Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Kentucky

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

50% of spending goes to programs.

Program 50%Management 38%Fundraising 12%

Governance

17
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

95%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

KY

Screen this organization

A dated, signed PDF of the compliance screen for Louisville Visual Art Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Louisville Visual Art Inc?
Louisville Visual Art Inc (Kentucky) receives grants from 29 organizations whose IRS filings report $2,081,856 to it, the largest being FUND FOR THE ARTS INC ($793,891). 19 of them have funded it in more than one year.
How many funders does Louisville Visual Art Inc have?
IRS filings report 29 organizations giving $2,081,856 in grants to Louisville Visual Art Inc, 19 of which have funded it in more than one year.
Who is the largest funder of Louisville Visual Art Inc?
FUND FOR THE ARTS INC is the largest funder on record, with $793,891 in grants. The full list of funders is on this page.
How can an organization like Louisville Visual Art Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Louisville Visual Art →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 29 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing