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Louisville Olmsted Parks Conservancy Inc

Louisville Olmsted Parks Conservancy Inc

Louisville, KY 40213
Tax ID61-1196368

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$733,795

Expenses

$2,066,108

Mission

Olmsted Parks Conservancy’s mission is to restore, enhance and forever protect Louisville’s Olmsted-designed parks and parkways, connecting nature and neighborhood while strengthening the community’s well-being. At Olmsted Parks Conservancy, we value diversity in all its forms for the same reason we value biodiversity in our parks: it makes communities more resilient, sustainable, and vibrant. Our parks are an intrinsic part of Louisville, and, as an organization striving for inclusivity, we commit to fostering diversity and respect both in nature and neighborhoods.

About

THE CONSERVANCY WORKS IN COLLABORATION WITH LOUISVILLE PARKS AND RECREATION TO DEVELOP MASTER PLANS, AND DESIGN CAPITAL PROJECTS, AND REVIEW ALL OUTSIDE PROPOSALS AFFECTING THE OLMSTED PARKS AND PARKWAYS. OTHER PLANNING AND DESIGN SERVICES INCLUDE HISTORIC RESEARCH, SELECTION OF DESIGN STANDARDS, CONCEPT DEVELOPMENT, CONSTRUCTION ADMINISTRATION, AND MAINTENANCE REVIEWS. IN SOME INSTANCES, SUCH AS THE WOODLANDS RESTORATION, THE CONSERVANCY ACTUALLY MANAGES AND EXECUTES THE PROJECT. THROUGH THE CONSERVANCY'S ACTIVE VOLUNTEER PROGRAM, PARK STEWARDS, MANY INDIVIDUALS HAVE CONTRIBUTED THOUSANDS OF HOURS OF WORK IN THE PARKS. LOUISVILLE METRO RESIDENTS ARE USERS OF THE THREE FLAGSHIP PARKS - SHAWNEE, IROQUOIS, AND CHEROKEE; USERS OF THESE AND THE OTHER 14 OLMSTED PARKS ARE DIRECTLY SERVED BY HAVING ENHANCED PARKLANDS AND ENVIRONMENT. THE CONSERVANCY OPERATIONS SPAN MULTIPLE CALENDAR YEARS AND EXPERIENCE CYCLICALITY. FUND RAISING CAMPAIGNS ARE UNDERTAKEN OVER MULTIPLE YEARS. ONCE THE FUNDS ARE SECURED, THE CONSERVANCY UNDERTAKES VARIOUS MULTI-YEAR CAPITAL PROJECTS IN THE OLMSTED PARKS IN COLLABORATION WITH METRO PARKS. LOOKING AT AN ANNUAL OVERHEAD RATIO FOR THE CONSERVANCY IS MISLEADING DUE TO THESE FLUCTUATIONS IN REVENUES AND EXPENSES. NORMALIZING THIS RATIO OVER A 3-5 YEAR TIME PERIOD IS A MORE ACCURATE REPRESENTATION OF THE OVERHEAD RATIO FOR THE MULTI-YEAR OPERATING CYCLE OF THE CONSERVANCY.

Interesting data from their 2019 990 filing

The filing clearly states the mission of the non-profit as “Restoring, enhancing and forever protecting louisville's olmsted-designed parks and parkways, connecting nature and neighborhood while strengthening the community's well-being.”.

When outlining its functions, they were explained as: “Restoring, enhancing and forever protecting louisville's olmsted-designed parks and parkways.”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as KY.
  • The filing records the non-profit's address for 2019 as 1299 TREVILIAN WAY, LOUISVILLE, KY, 40213.
  • As of 2019, the non-profit's form reports a total of 17 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is -$1,332,313.
  • The organization has 21 independent voting members.
  • The organization was formed in 1989.
  • The organization pays $772,533 in salary, compensation, and benefits to its employees.
  • The organization pays $112,636 in fundraising expenses.