EIN 31-1106941

University of Louisville Athletic Association

IRS 501(c) type
501(c)(3)
Num. employees
624
Year formed
1984
Most recent tax filings
2023-06-01
Description
The University of Louisville Athletic Association's mission is to develop intercollegiate athletic teams comprised of students from the university and manage intercollegiate athletic contests in harmony with its objectives. ULAA's student-athletes achieved an impressive academic record during the 2021-2022 fiscal year, producing a combined average grade point average of 3.0 or better for the 23rd consecutive time.
Related structure
University of Louisville Athletic Association is a subordinate organization under University of Louisville Hospital.
Total revenues
$136,965,256
2023
Total expenses
$141,027,942
2023
Total assets
$352,949,635
2023
Num. employees
624
2023

Program areas at University of Louisville Athletic Association

The University of Louisville Athletic Association (ULAA) continued to further and enhance its mission during fiscal year 2023, providing invaluable support for both the student athletes and the University which it serves. During the year, ULAA awarded over $16.1 million in scholarships to nearly 800 students. The graduation success rate for ULAA student athletes during the year was 92% -- a rate which ties for the highest in program history. Overall student grade point average (GPA) of 3.28 was the highest in the program's history, with fiscal year 2023 also containing the 25th consecutive semester where students earned a department grade point average (GPA) of 3.0 or higher. ULAA's student athletes completed more than 4,000 hours of community service through the Cards Care program, and the organization expanded its ELEVATE NIL program with the creation of the CARDS NIL Exchange to help student athletes and businesses/individuals connect easier than ever before. The organization completed its first year of a transformational partnership with UofL Health. The partnership has yielded numerous gains for its students, but none more notable than the unprecedented growth of ULAA's mental health and performance department, which now includes 10 professionals - the most in the Atlantic Coast Conference (ACC). ULAA also upgraded or added a number of facilities in support of its mission. In partnership with the University of Louisville, ULAA opened Denny Crum Hall. The state-of-the-art, $23.5 million residence hall is home to men's basketball, women's basketball and lacrosse student-athletes, as well as the University's general student population. The organization also upgraded wi-fi access for its football stadium and unveiled a new turf. A $1 million project was also completed to update the entrance and concourse of the baseball program's Jim Patterson Stadium. In terms of achievements in competitive sports, ULAA finished the year's campaign with 13 different sport programs ranked in the top 25 at one point during their seasons, with seven programs ranking in the top 10 at some of its respective seasons. The Cardinals recorded 50 All-Americans during the 2022-23 athletic seasons, most notably, 35 coming from the women's swimming and diving program. Volleyball also registered four All-Americans in its run to the national title game. Louisville finished 32nd in the nation in the Learfield Directors' Cup standings, the 13th consecutive season that the Cardinals have finished among the top 40 teams in the country. The Cardinals' women's sports programs ranked 12th in the nation in the Capital One Cup standings.

Who funds University of Louisville Athletic Association

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
DAFgiving360Human Services$120,000
Republic Bank FoundationMen's Basketball (Payment 2 of 3)$100,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$61,229
...and 7 more grants received

Financials for University of Louisville Athletic Association

RevenuesFYE 06/2023
Total grants, contributions, etc.$38,545,944
Program services$47,440,204
Investment income and dividends$68,492
Tax-exempt bond proceeds$0
Royalty revenue$48,960,142
Net rental income$0
Net gain from sale of non-inventory assets$-43,790
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,994,264
Total revenues$136,965,256

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Data update history
March 26, 2025
Received grants
Identified 3 new grant, including a grant for $20,527 from American Online Giving Foundation
August 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 1, 2024
Updated personnel
Identified 11 new personnel
July 12, 2024
Used new vendors
Identified 3 new vendors, including , , and
July 12, 2024
Received grants
Identified 4 new grant, including a grant for $100,000 from Republic Bank Foundation
Nonprofit Types
Sports organizationsChapter / child organizationsCharities
Issues
Human servicesSports
Characteristics
Operates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
2215 S Brook St
Louisville, KY 40208
Metro area
Louisville/Jefferson County, KY-IN
County
Jefferson County, KY
Website URL
gocards.com/ 
Phone
(502) 852-7072
IRS details
EIN
31-1106941
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N40: Sports Training Facilities, Agencies
NAICS code, primary
813990: Sports Regulatory Associations and Property Owner Associations
Parent/child status
Subordinate organization
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