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Louisville Olmsted Parks Conservancy Inc

EIN 61-1196368 · Louisville, KY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood79 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

RESTORING, ENHANCING AND FOREVER PROTECTING LOUISVILLE'S OLMSTED-DESIGNED PARKS AND PARKWAYS, CONNECTING NATURE AND NEIGHBORHOOD WHILE STRENGTHENING THE COMMUNITY'S WELL-BEING.

Income
$2.3 million
Spending
$2.5 million
Spent on programs
67%
Reserves
14.2 months of spending
Largest source of income
donations and private grants, 79%
Employees
18
Volunteers
576
Highest pay
$206,860, president/ceo

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 79 out of 100.

  • Reserves

    35 of 35

    Spendable reserves would cover 14.2 months of spending.

  • Debt

    20 of 20

    It owes 1% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 10% of income.

  • Income trend

    5 of 15

    Income fell 15% on the year before.

  • Spending floor

    15 of 15

    67% of spending went to programs and raising each dollar of donations cost 15 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100.

  • Independent board

    25 of 25

    24 of 24 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $1.4 million spent. THE CONSERVANCY RAISES FUNDS EACH YEAR FOR MAJOR DEVELOPMENT PROJECTS TO ENHANCE OUR PARKS. FUNDS RAISED HAVE BEEN USED TO REFURBISH THE ENTRANCES TO CENTRAL PARK. WE COMPLETED AN OUTDOOR STAGE IN TYLER PARK. WE CONTINUED OUR TRAIL RESTORATION WORK IN IROQUOIS, CHEROKEE AND SENECA PARKS. WE COMPLETED WORK ON A MAJOR RENOVATION OF ELLIOTT PARK. THESE FUNDS ARE ALSO USED FOR CAPACITY BUILDING THROUGH CONTINUING OUR TEAM FOR HEALTHY PARKS CREW WORK IN ECOLOGICAL RESTORATION, WOODLANDS MANAGEMENT AND HORTICULTURE.
  2. $170,757 spent. THE CONSERVANCY WORKS TO CONNECT NEIGHBORS AND COMMUNITIES TO OUR PARKS THROUGH SPECIAL EVENTS AND A PARK STEWARD PROGRAM OF VOLUNTEERS TO HELP MAINTAIN THE GREENSPACE AND WOODLANDS.
  3. $99,335 spent. THROUGH ADVERTISING, SOCIAL MEDIA AND OUR ANNUAL REPORT, THE CONSERVANCY WORKS TO KEEP THE COMMUNITY INFORMED OF CHANGES TO OUR PARKS SUCH AS ROAD CLOSURES IN CHEROKEE PARK, NATURAL SURFACES TRAIL WORK IN IROQUOIS AND SENECA, MAJOR RENOVATION AND REVITALIZATION PROJECTS IN ELLIOTT, CENTRAL, BEARGRASS PRESERVE, TYLER PARK AND GAULBERT PAVILION. WE ALSO SHARE INFORMATION ON HOW WE ARE BEING GOOD STEWARDS OF THE FUNDS CONTRIBUTED FOR PARK ENGAGEMENT AND ON-GOING RESTORATION.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since July 1991.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.