Civic Intelligence

Tom Musselman Foundation Inc

EIN 26-1324568 • Louisville, KY

1604 Cherokee Road 3Louisville, KY 40205
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

32nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

$1M-$5M nonprofits • Source year 2024

Net Margin

88th percentile

52%

Higher net margin than 88% of similar nonprofits.

$1M-$5M nonprofits • Source year 2024

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

$1M-$5M nonprofits • Source year 2024

Asset Growth

84th percentile

23%

Faster asset growth than 84% of similar nonprofits.

$1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

91st percentile

163%

Faster revenue growth than 91% of similar nonprofits.

$1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,507,768

Up $282,300 (+23%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,507,768

Up $282,300 (+23%) from 2023

Revenue

Up

$1,564,573

Up $969,166 (+163%) from 2023

Expenses

Up

$756,198

Up $417,457 (+123%) from 2023

Net Income

Up

$808,375

Up $551,709 (+215%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $13,958Liabilities 2011: $0Net Assets 2011: $13,9582011Assets 2012: $1,406Liabilities 2012: $0Net Assets 2012: $1,4062012Assets 2013: $20,398Liabilities 2013: $0Net Assets 2013: $20,3982013Assets 2014: $2,061Liabilities 2014: $0Net Assets 2014: $2,0612014Assets 2015: $141,521Liabilities 2015: $0Net Assets 2015: $141,5212015Assets 2016: $150,011Liabilities 2016: $0Net Assets 2016: $150,0112016Assets 2017: $687,822Liabilities 2017: $0Net Assets 2017: $687,8222017Assets 2018: $774,209Liabilities 2018: $0Net Assets 2018: $774,2092018Assets 2019: $791,545Liabilities 2019: $0Net Assets 2019: $791,5452019Assets 2020: $575,524Liabilities 2020: $0Net Assets 2020: $575,5242020Assets 2021: $645,329Liabilities 2021: $0Net Assets 2021: $645,3292021Assets 2022: $968,802Liabilities 2022: $0Net Assets 2022: $968,8022022Assets 2023: $1,225,468Liabilities 2023: $0Net Assets 2023: $1,225,4682023Assets 2024: $1,507,768Liabilities 2024: $0Net Assets 2024: $1,507,7682024

Highlighted filing

2024

Assets$1,507,768
Liabilities$0
Net Assets$1,507,768

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $87,0232011Expenses 2012: $112,5522012Revenue 2013: $110,000Expenses 2013: $91,008Net Income 2013: $18,9922013Revenue 2014: $80,000Expenses 2014: $98,337Net Income 2014: -$18,3372014Revenue 2015: $350,000Expenses 2015: $210,540Net Income 2015: $139,4602015Revenue 2016: $100,000Expenses 2016: $91,510Net Income 2016: $8,4902016Revenue 2017: $618,276Expenses 2017: $80,465Net Income 2017: $537,8112017Revenue 2018: $388,488Expenses 2018: $302,101Net Income 2018: $86,3872018Revenue 2019: $363,291Expenses 2019: $345,955Net Income 2019: $17,3362019Revenue 2020: $1,910Expenses 2020: $217,931Net Income 2020: -$216,0212020Revenue 2021: $276,385Expenses 2021: $206,580Net Income 2021: $69,8052021Revenue 2022: $879,714Expenses 2022: $216,972Net Income 2022: $662,7422022Revenue 2023: $595,407Expenses 2023: $338,741Net Income 2023: $256,6662023Revenue 2024: $1,564,573Expenses 2024: $756,198Net Income 2024: $808,3752024

Highlighted filing

2024

Revenue$1,564,573
Expenses$756,198
Net Income$808,375

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.51$0.00$1.51$1.56$0.76$0.81
2023Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.60$0.34$0.26
2022Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.88$0.22$0.66
2021Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$0.28$0.21$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.00$0.22$0.22
2019Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.36$0.35$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.39$0.30$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.62$0.08$0.54
2016Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$0.10$0.09$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.35$0.21$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.08$0.10$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.11$0.09$0.02
2012Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.11
2011Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
THOMAS A MUSSELMAN SRPresident/Director-$0--
CHESTER MUSSELMANSecretary/Director-$0--
SHARRON MUSSELMAN-MARCUMTreasurer/Director-$0--
Filing and Contact Details

Filer

Filer Name
Tom Musselman Foundation Inc
EIN
26-1324568
Phone
5024263006
Address
1604 CHEROKEE ROAD 3, LOUISVILLE, KY 40205

Signing Officer

Name
Tom a Musselman Sr
Title
President
Phone
5028999991
Signed
2025-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Cherry Bekaert Advisory LLC
Address
101 SOUTH 5TH STREET STE 2100, LOUISVILLE, KY 40202
Preparer
Ashley T Barke CPA
Phone
8885871719
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0THOMAS A MUSSELMAN SR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1CHESTER MUSSELMAN
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt2TREASURER/DIRECTOR
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IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0LOUISVILLE
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0KY
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IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0TOM A MUSSELMAN SR
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0THERE IS NO FORM AT THIS TIME.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0THOMAS A MUSSELMAN SR
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum05028999991
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt0C/O TOM MUSSELMAN FOUNDATION INC
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine2Txt01055 ALTA VISTA RD
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd0KY
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0THERE ARE NO RESTRICTIONS OR LIMITATIONS ON GRANT AWARDS AT THIS TIME.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0THERE ARE NO GRANT SUBMISSION DEADLINES.
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0TO PROVIDE F UNDS TO PRESERVE PARKLANDS.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1TO PROVIDE FUNDS TO BE USED AT CHURCHES IN THE LOUISVILLE AREA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2TO PROVIDE FUNDS FOR SCHOLARSHIPS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt3TO PROVIDE FUNDS FOR TUITION ASSISTANCE TO CATHOLIC SCHOOL FAMILIES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt4TO SHARE THE WONDERS OF THE NATURAL WORLD WITH KIDS OF ALL AGES AND PROVIDING MEMORIES OF A LIFETIME
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt5TO EMPOWER YOUNG ADULTS STRUGGLING WITH SUBSTANCE ABUSE AND MENTAL HEALTH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt6TO PROVIDE FOOD TO THE HUNGRY IN THE COMMUNITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt7GENERAL SUPPORT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt8GENERAL SUPPORT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt9TO PROVIDE FUNDS TO PROVIDE HEALTH AND WELLNESS SERVICES FOR ADULTS AND FAMILIES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt10TO SUPPORT INITIATIVES AT NORTON HOSPITALS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt11TO PROVIDE FUNDS FOR TUITION ASSISTANCE TO STUDENTS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt12TO PROVIDE FUNDS FOR ACADEMIC PROGRAMS AND EXTRACURRICULAR ACTIVITIES FOR YOUNG WOMEN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt13TO PROMOTE ORGAN DONATION AWARENESS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt14TO BUILD COMMUNITY AND PROVIDE FUNDS FOR PARISH MINISTRIES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt15TO PROVIDE FUNDS FOR ACADEMIC PROGRAMS AND EXTRACURRICULAR ACTIVITIES FOR YOUNG MEN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt16TO PROVIDE FUNDS FOR DISASTER RELIEF
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt17TO PROVIDE SANCUARY FOR GREAT APES WHO HAVE BEEN RESCUED OR RETIRED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt18TO PROVIDE FUNDS FOR RESEARCH AND PROTECTION OF CHIIMPANZEES AND OTHER APES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt19TO PROVIDE FUNDS FOR SCHOLARSHIPS AND GOLF ACTIVITIES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt20GENERAL SUPPORT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt21GENERAL SUPPORT
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt021ST CENTURY PARKS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1ARCHDIOCEESE OF LOUISVILLE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt2BELLARMINE UNIVERSITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt3CATHOLIC EDUCATION FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt4CHEYENNE MOUNTAIN ZOO
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt5CSZ FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt6DARE TO CARE FOOD BANK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt7LOUISVILLE OLMSTED PARKS CONSERVANCY INC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt8NATIONAL POLICE AND TROOPERS ASSOCIATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt9NAZARETH HOMES FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt10NORTON HEALTHCARE FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt11PITT ACADEMY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt12SACRED HEART ACADEMY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt13SECOND CHANCE AT LIFETEAM KY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt14ST FRANCIS OF ASSISI CHURCH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt15ST XAVIER HIGH SCHOOL
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt16THE AMERICAN RED CROSS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt17THE CENTER FOR GREAT APES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt18THE JANE GOODALL INSTITUTE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt19UNIVERSITY OF LOUISVILLE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt20VETERANS AID PAC
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt21WENDY NOVAK DIABETES INSTITUTE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0501(C)(3)
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt1CHURCH
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt2NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt3NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt4NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt5NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt6NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt7NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt8NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt9NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt10NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt11NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt12NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt13NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt14NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt15NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt16NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt17NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt18NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt19NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt20NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt21NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0407 W MAIN ST STE 202
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt13940 POPLAR LEVEL RD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt22001 NEWBURG ROAD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt3401 W MAIN ST 806
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt44250 CHEYENNE MOUNTAIN ZOO RD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt517 W MAIN STREET
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt65803 FERN VALLEY ROAD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt71299 TREVILIAN WAY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt85632 BEE RIDGE ROAD SUITE 200
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt92000 NEWBURG ROAD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt104965 US HIGHWAY 42 SUITE 1000

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