EIN 61-0530107

Louisville Academy of Music

IRS 501(c) type
501(c)(3)
Num. employees
27
Year formed
1954
Most recent tax filings
2024-05-01
Description
Louisville Academy of Music teaches diverse students, nurturing creativity and lifelong learning through individual lessons, community programs, and equitable access to music education.
Total revenues
$859,505
2024
Total expenses
$721,241
2024
Total assets
$570,607
2024
Num. employees
27
2024

Program areas at Louisville Academy of Music

The Louisville Academy of Music (lam) provides long-term mentorship, transferable life skills, and a welcoming community through Music lessons. We are the oldest and largest non-profit school of classical musical instruction in our region. Our degreed faculty taught over 500 students from more than 50 zip codes, aged 3-83, in instruments, voice, and composition this past year.
Beyond lessons, lam cultivates a vibrant musical community through performances, educational enrichment, community partnerships, and special programs. For example our public school programs reached thousands of people, our annual summer symposium offers specialized tracks in chamber Music and composition, and our composer of the year program highlights underrepresented classical composers. Lam offers a uniquely welcoming and supportive community with programming that blends tradition and innovation, inspiring the next generation of musicians and citizens to harness Music and artistic expression for personal and community growth.
The purpose of the lam scholarship program is to break down barriers, build pathways, and create access to learning and excelling at a musical instrument. Music opens doors to success in any field and our mission is to provide education, support, and mentorship for any student who is willing and devoted no matter their socio-economic status. We believe Music is for everyone. Our program provides crucial one on one support to those students who are passionate about learning an instrument but unable to afford private instruction. We value the unique opportunities that individual attention and long term study provide a student.

Who funds Louisville Academy of Music

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fund for the ArtsArts in Institutions Institutions and Learning$40,226
Community Foundation of LouisvilleA68 Music$17,350
The Gheens FoundationLouisville Academy of Music Mission Delivery$10,000
...and 6 more grants received

Financials for Louisville Academy of Music

RevenuesFYE 05/2024
Total grants, contributions, etc.$349,790
Program services$505,564
Investment income and dividends$3,482
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$669
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$859,505
Data update history
June 20, 2025
Used new vendors
Identified 3 new vendors, including , , and
June 17, 2025
Updated personnel
Identified 3 new personnel
May 30, 2025
Posted financials
Added Form 990 for fiscal year 2024
May 30, 2025
Updated personnel
Identified 3 new personnel
April 23, 2025
Received grants
Identified 4 new grant, including a grant for $40,226 from Fund for the Arts
Nonprofit Types
SchoolsArts, culture, and humanities nonprofitsPerforming arts organizationsPerforming arts centersCharities
Issues
EducationArts, cultural, and humanities
Characteristics
State / local levelProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
2740 Frankfort Ave
Louisville, KY 40206
Metro area
Louisville/Jefferson County, KY-IN
County
Jefferson County, KY
Website URL
louisvilleacademyofmusic.org/ 
Phone
(502) 893-7885
IRS details
EIN
61-0530107
Fiscal year end
May
Taxreturn type
Form 990
Year formed
1954
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A6E: Performing Arts Schools
NAICS code, primary
6116: Other Schools and Instruction
Parent/child status
Independent
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