University of Louisville Athletic is a 501(c)(3) organization based in Louisville, Kentucky, registered in 1984, with $140,748,276 in FY2023 revenue. CharityIndex grades it A, and it directs about 96% of spending to programs.
Revenue (FY2023)
$140.7M
▲ 2.8% vs prior year
Recreation median: $129K
Expenses (FY2023)
$154.3M
Net assets
$90.2M
Employees
620
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For University of Louisville Athletic: 96% to programs · $6 to raise $100 earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For University of Louisville Athletic: 7 mo reserves · -10% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For University of Louisville Athletic: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For University of Louisville Athletic: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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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.
Revenue grew from $100.8M (FY2013) to $140.7M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-9.6%
Spent more than it raised in the latest fiscal year.
Total assets
$331.3M
Total liabilities
$241.0M
Net assets
$90.2M
Salaries & benefits
$65.1M
42% of expenses
Board members
29
10 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $140,748,276▲2.8% | $154,267,467▲9.4% | $90,236,564▼12.7% | $331,275,531▼6.1% | 990 |
| 2022 | $136,965,256▼0.6% | $141,027,942▼3.7% | $103,373,698▼4.3% | $352,949,635▲7.0% | 990 |
| 2021 | $137,856,827▲39.7% | $146,484,502▲41.8% | $108,057,562▼11.9% | $329,843,287▲14.8% | 990 |
| 2020 | $98,698,845▼22.2% | $103,336,800▼15.6% | $122,710,376▼2.9% | $287,292,046▼0.7% | 990 |
| 2019 | $126,934,461▼2.2% | $122,421,563▼15.8% | $126,332,991▲3.5% | $289,291,232▼6.6% | 990 |
| 2018 | $129,771,344▲20.0% | $145,362,542▲18.9% | $122,004,924▼11.0% | $309,712,564▼4.2% | 990 |
| 2017 | $108,173,653▼10.2% | $122,278,141▲13.6% | $137,091,723▼10.8% | $323,244,811▼1.8% | 990 |
| 2016 | $120,473,251▲6.7% | $107,623,045▲1.5% | $153,725,035▲9.8% | $329,254,638▲17.4% | 990 |
| 2015 | $112,948,887▲6.6% | $106,076,581▲8.4% | $139,973,788▲1.6% | $280,538,702▲6.4% | 990 |
| 2014 | $105,932,878▲5.1% | $97,877,195▲10.1% | $137,811,600▲4.2% | $263,678,125▼1.0% | 990 |
| 2013 | $100,813,098 | $88,929,949▲2.7% | $132,276,001▲11.3% | $266,274,898▲2.6% | 990 |
| 2012 | — | $86,555,073▲15.6% | $118,847,919▲1.4% | $259,520,598▲5.0% | 990 |
| 2011 | — | $74,884,770 | $117,241,147 | $247,139,082 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Jeffrey Brohm — $5,579,139 (3.62% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jeffrey Brohm | Head Football Coach | 50 | $5,579,139 |
| Kenneth Payne | Men's Basketball Coach | 50 | $3,445,820 |
| Jeff Walz | Women's Basketball Coach | 50 | $1,435,286 |
| Daniel S Mcdonnell | Men's Baseball Coach | 50 | $1,414,344 |
| Joshua W Heird | Athletic Director | 50 | $986,473 |
| Ronald English | Asst. Football Coach | 50 | $743,183 |
| Marvin Mitchell | Deputy Athletic Director | 50 | $248,942 |
| Amy M Calabrese | Deputy Athletic Director | 50 | $220,768 |
| Carolyn M Klinge Phd | Director | 0.5 | — |
| Charles Perusse | Asst. Treasurer From 5/13/24 | 0.5 | — |
| Claudia Angeli Phd | Director To 10/4/23 | 0.5 | — |
| Daniel A Durbin | Asst. Treasurer To 5/12/24 | 0.5 | — |
| Dennis P Heishman | Director | 0.5 | — |
| Douglas Craddock | Director | 0.5 | — |
| Dr Amy S Lingo | Director | 0.5 | — |
| Dr Kim Schatzel | Pres/chair | 0.5 | — |
| Dr Krista B Wallace-boaz | Director | 0.5 | — |
| Dr Raymond Burse | Director From 6/21/24 | 0.5 | — |
| Dr Sherri L Wallace | Vice Chair | 0.5 | — |
| Dr Thomas Gerard Bradley | Director | 0.5 | — |
| Contractor | Services | Paid |
|---|---|---|
| Delta Air Lines Inc | Travel Services | $1,477,060 |
| Buffalo Construction Inc | Construction Services | $1,455,000 |
| Service America Corporation | Concession Services | $1,272,027 |
| Stm Charters Inc | Travel Services | $1,116,253 |
| Air Planning LLC | Travel Services | $891,374 |
58 grants to University of Louisville Athletic totaling $3.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
1 grant totaling $3.7M in FY2022. All grants made by University of Louisville Athletic →
| Recipient | Purpose | Amount |
|---|---|---|
| University of Louisville | Student retention and general operations support | $3,731,006 |
Explore more
Data for University of Louisville Athletic (EIN 31-1106941) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.