Louisville Collegiate School
- Assets
- $44.2m
- Revenue
- $19.4m
- Investments
- $10.4m
- Employees
- 218
- Location
- Louisville, KY
- Founding
- 07/1946
- Data as of
- 06/2021
- EIN
- 61-0449630
Organization Overview
Louisville Collegiate School is located in Louisville, KY. The organization was established in 1946. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Louisville Collegiate School employed 218 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Louisville Collegiate School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Louisville Collegiate School generated $19.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $18.4m during the year ending 06/2021. While expenses have increased by 1.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A JK-12, CO-EDUCATIONAL INDEPENDENT SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A JK-12, CO-EDUCATIONAL INDEPENDENT SCHOOL FOR APPROXIMATELY 751 STUDENTS, AND 151 FACULTY, STAFF AND ADMINISTRATORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Macrae Head Of School, Ex-Officio | Officer | 40 | $337,914 |
James V Mcguire Assistant Head And Directo | 40 | $119,570 | |
Tiffany Bridgewater Head Of Lower School | 40 | $117,838 | |
Lisa Riker Head Of Middle School | 40 | $103,124 | |
Deana Paradis Chief Financial Officer | Officer | 40 | $98,991 |
Cook Brian Chair, Advancement Committee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,742,668 |
| Investment income | $97,393 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$325,980 |
| Net Income from Fundraising Events | $37,233 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,424,992 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $738,542 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,893,228 |
| Pension plan accruals and contributions | $272,020 |
| Other employee benefits | $691,304 |
| Payroll taxes | $528,978 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $62,647 |
| Fees for services: Accounting | $32,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $15,630 |
| Office expenses | $173,033 |
| Information technology | $200,553 |
| Royalties | $0 |
| Occupancy | $1,076,670 |
| Travel | $11,034 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $114,059 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,108,597 |
| Insurance | $118,594 |
| All other expenses | $0 |
| Total functional expenses | $18,357,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,432,518 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,996,556 |
| Accounts receivable, net | $588,549 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $68,431 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $10,376,066 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $44,243,091 |
| Accounts payable and accrued expenses | $1,007,611 |
| Grants payable | $0 |
| Deferred revenue | $3,116,879 |
| Tax-exempt bond liabilities | $4,115,154 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $37,500 |
| Secured mortgages and notes payable | $158,421 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,435,565 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $35,807,526 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Louisville Collegiate School has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Fonville-Sams Foundation Louisville, KY PURPOSE: CHARITABLE | $1,000 |
Endowment Analysis
| Beg. Balance | $10,376,066 |
| Earnings | -$915,664 |
| Net Contributions | $165,434 |
| Other Expense | $881,083 |
| Ending Balance | $8,744,753 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Potomac School Mclean, VA | $225,192,195 | $49,665,882 |
Hawken School Gates Mills, OH | $144,772,582 | $45,602,433 |
Francis W Parker School Chicago, IL | $194,788,594 | $67,683,715 |
Flint Hill School Oakton, VA | $94,406,099 | $45,449,765 |
Mary Institute And Saint Louis Country Day School St Louis, MO | $240,203,179 | $40,528,498 |
Confluence Academy St Louis, MO | $36,687,360 | $48,180,498 |
University School Shaker Heights, OH | $196,923,470 | $66,975,999 |
Columbus Academy Gahanna, OH | $107,517,374 | $39,084,449 |
Pembroke Hill School Kansas City, MO | $163,708,613 | $51,122,329 |
St Annes-Belfield Inc Charlottesville, VA | $122,363,605 | $34,335,007 |
Norfolk Academy Norfolk, VA | $147,079,429 | $29,484,040 |
Park Tudor Foundation Inc Indianapolis, IN | $62,976,373 | $33,968,467 |