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 2024 filing shows $8.3M in revenue, $8.1M in expenses, $6.3M in total assets. 11 publicly reported grants to this organization, totaling roughly $158K, appear in IRS filings.

EIN: 610713833 LOUISVILLE, KY Latest filing: 2024
Total Revenue$8.3M
Total Expenses$8.1M
Total Assets$6.3M
Grant Records11
Funding Total$158K
Filing Years2020–2024

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.

Officers & Directors

CHAIR-ELECT Alfonso Cornish
BOARD MEMBER Allison Gousha
BOARD MEMBER Andy Murphy
BOARD MEMBER (THRU 4/24) Ann Maldini
MARKETING MANAGER April Zik
BOARD MEMBER Barbara Porter

Officer compensation and complete director data available with membership.

Top Grant Purposes

SPONSORSHIP
$66,000 3 grants
PROGRAM SERVICES
$40,000 2 grants
GENERAL SUPPORT
$25,000 1 grant
Promoting local festival
$11,900 1 grant
PRIZES FOR SPELLING BEE WINNERS.
$10,500 1 grant

Financial Trends

Year Revenue Expenses Assets
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
2020 $2.5M $3.4M $5.7M

Between 2020 and 2024, reported annual revenue grew from $2.5M to $8.3M (+233%), with total assets most recently reported at $6.3M.

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

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