Kentucky · Nonprofit
University of Louisville Athletic Association
University of Louisville Athletic Association (Kentucky) receives grants from 16 organizations whose IRS filings report $3,021,282 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($991,501). 9 of them have funded it in more than one year, and 88% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $143M
- Funders on record
- 16
- Grants received
- $3.0M
- Net assets
- $75M
What University of Louisville Athletic Association does
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.
As stated on its FY2025 Form 990.
Program
The University of Louisville Athletic Association reached new heights in academic achievement, setting a department record with a 96% Graduation Success Rate (GSR), as reported by the NCAA. This milestone reinforces the organization's trajectory of academic excellence, with 18 programs achieving a GSR of 90 or higher and nine programs recording a perfect 100 mark. Continuing this commitment, ten Cardinal programs-including Men's and Women's Basketball, Men's and Women's Cross Country, Men's and Women's Golf, Men's Soccer, Softball, Women's Track and Field, and Volleyball-earned a perfect 1,000 Academic Progress Rate (APR) score. Every athletic program exceeded the required NCAA multi-year standards, ensuring robust eligibility and retention across the department. Supporting this dual-mission of excellence, the association provided vital scholarship support to nearly 850 student-athletes, enabling success both in the classroom and in competition. On the field, Louisville remained a premier national force, finishing 37th in the Learfield Directors' Cup. This marks the 15th consecutive season the Cardinals have ranked among the top 40 programs nationwide. Throughout the year, 10…
$150,108,089 spentof which $17,095,891 as grants$86,676,046 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $150,108,089.
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.
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 $287M to $330M (+15%).
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.
Government-grant reliance: 2021 5% · 2022 0% · 2023 1%. Grants only. Government contracts and fees sit inside program revenue.
25% of University of Louisville Athletic Association’s revenue is contributions — more reliant on donations than three-quarters of its peers (5% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 9 reported years ran a deficit.
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.
Board chair
Dr Kim Schatzel
Pres/Chair to 3/26/25
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 6 funders, grant income rose $79k → $466k.
10 of 16 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 88% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $1.3M from 4 payers (the payer shares this organization's board, largest The Community Foundation of Louisville Corporate Depository Inc). These are real filings, and they are not money University of Louisville Athletic Association raised.
From the IRS filings of University of Louisville Athletic Association’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
University of Louisville Athletic Association leans on a few funders — its largest provides 33% of grant income and the top three 79%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
89% 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 University of Louisville Athletic Association.
Largest funder’s share by year: 2017 60% · 2018 56% · 2019 61% · 2020 43% · 2021 67% · 2022 53% · 2023 61% — broadly stable.
“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
67% of University of Louisville Athletic Association's funders are still giving 3 years after their first grant; 56% give in more than one year at all.
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
88% of University of Louisville Athletic Association's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $354k that is directly attributable, 98% of it comes from Kentucky funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $2.7M arriving through sponsors registered in 8 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.
Against its field
University of Louisville Athletic Association's revenue grew 19% between 2017 and 2025.
this organization peer median middle 50% of peers· 12 recreation & sports nonprofits over $100M, FY2025
Government funding University of Louisville Athletic Association receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $10k on record.
- Department of Veterans Affairs$10k
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 University of Louisville Athletic Association
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
94% of spending goes to programs.
Governance
Public support
46%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 5 related entities
- University of Louisville · exempt
- University of Louisville Research Foundation Inc · exempt
- University of Louisville Medical School Practice Assoc · exempt
- University Physicians Group Inc · exempt
- University Medical Center Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for University of Louisville Athletic Association: 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.
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 University of Louisville Athletic Association?
- University of Louisville Athletic Association (Kentucky) receives grants from 16 organizations whose IRS filings report $3,021,282 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($991,501). 9 of them have funded it in more than one year, and 88% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does University of Louisville Athletic Association have?
- IRS filings report 16 organizations giving $3,021,282 in grants to University of Louisville Athletic Association, 9 of which have funded it in more than one year.
- Who is the largest funder of University of Louisville Athletic Association?
- DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $991,501 in grants. The full list of funders is on this page.
- How can an organization like University of Louisville Athletic Association 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.
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 16 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 22, 2026. What this page cannot tell you · view filing