Public Charity

KENTUCKY DERBY FESTIVAL INC

KENTUCKY DERBY FESTIVAL INC, of LOUISVILLE, KY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $7.3M in revenue, $6.8M in expenses, $6.9M in total assets. 11 publicly reported grants to this organization, totaling roughly $158K, appear in IRS filings.

EIN: 610713833 LOUISVILLE, KY Latest filing: 2025
Total Revenue$7.3M
Total Expenses$6.8M
Total Assets$6.9M
Grant Records11
Funding Total$158K
Filing Years2021–2025

Mission

PROVIDE CREATIVE AND UNIQUE ENTERTAINMENT AND COMMUNITY SERVICE FOR THE PEOPLE OF THE GREATER LOUISVILLE AREA THAT DIRECTLY CONTRIBUTES TO THE AESTHETIC, CULTURAL, EDUCATIONAL, CHARITABLE AND ECONOMIC DEVELOPMENT OF THE AREA. WE WILL ORGANIZE, PROMOTE AND CONDUCT EVENTS USING THE COLLECTIVE EFFORTS AND RESOURCES OF VOLUNTEERS, SMALL AND LARGE BUSINESSES, NON-PROFIT ORGANIZATIONS AND GOVERNMENTAL ENTITIES TO ENHANCE THE POSITIVE INTERNATIONAL RECOGNITION, ECONOMIC AND CULTURAL DEVELOPMENT, AND COMMUNITY IMAGE OF THE GREATER LOUISVILLE AREA.

Where $100 goes at Kentucky Derby Festival Inc

How Kentucky Derby Festival Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$76 Programs the work itself
$18 Management running the organization
$6 Fundraising raising the next dollar

Inside the $76 for programs

$76
Provided Kentucky Derby Festival events, including thunder over Louisville, pegasus parade, basketball game, steamboat race, etc
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VP OF COMMUNICATIONS Aimee Boyd
CHAIR/IMMEDIATE PAST CHAIR (FROM 6/11/25) Alfonso Cornish
BOARD MEMBER Alfred Smith
BOARD MEMBER Allison Gousha
BOARD MEMBER Alyssa Upton
BOARD MEMBER Andy Murphy

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$70,000 4 grants
Fundraising & Sponsorship
$66,000 3 grants
Unspecified
$22,400 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $7.3M $6.8M $6.9M
2024 $8.3M $8.1M $6.3M
2023 $7.2M $7.6M $5.7M
2022 $6.9M $7.4M $5.9M
2021 $3.8M $3.5M $6.6M

Between 2021 and 2025, reported annual revenue grew from $3.8M to $7.3M (+90%), with total assets most recently reported at $6.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for KENTUCKY DERBY FESTIVAL INC

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