Civic Intelligence

Kentucky Derby Festival Foundation

EIN 31-1629357 • 501(c)3 • Louisville, KY

Profile

Founded in 1998, the kentucky derby festival foundation receives and manages charitable contributions on behalf of the kentucky derby festival, inc., its supporters and the general public. The foundation perpetuates the festival's impact on the community by developing projects that highlight the festival's influence on the area's cultural heritage. Its mission is to further the festival's educational and charitable mission through exhibitions and performances. The foundation adds to the festival's mission of providing creative entertainment that enhances the community.

1001 South Third StreetLouisville, KY 40203

www.kdf.org

Siviq Scores

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

Liabilities / Assets

81st percentile

0.16x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.23x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

83rd percentile

34%

Higher net margin than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

99th percentile

$221,323

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 128.5% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

91st percentile

89%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

33rd percentile

-21%

Faster revenue growth than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$250,093

Up $117,494 (+89%) from 2023

Liabilities

Up

$40,046

Up $36,696 (+1095%) from 2023

Net Assets

Up

$210,047

Up $80,798 (+63%) from 2023

Operations
Liabilities / Revenue88th percentileNet Margin83rd percentile

Revenue

Down

$172,234

Down $46,553 (-21%) from 2023

Expenses

Down

$114,246

Down $507 (-0.4%) from 2023

Net Income

Down

$57,988

Down $46,046 (-44%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth91st percentile

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

$400K$200K$0-$200KAssets 2010: $21,419Liabilities 2010: $163,207Net Assets 2010: -$141,7882010Assets 2011: $16,922Liabilities 2011: $152,281Net Assets 2011: -$135,3592011Assets 2012: $30,814Liabilities 2012: $167,221Net Assets 2012: -$136,4072012Assets 2013: $28,008Liabilities 2013: $147,809Net Assets 2013: -$119,8012013Assets 2014: $57,712Liabilities 2014: $147,689Net Assets 2014: -$89,9772014Assets 2015: $64,931Liabilities 2015: $137,769Net Assets 2015: -$72,8382015Assets 2016: $59,850Liabilities 2016: $124,543Net Assets 2016: -$64,6932016Assets 2017: $81,594Liabilities 2017: $145,843Net Assets 2017: -$64,2492017Assets 2018: $79,452Liabilities 2018: $135,579Net Assets 2018: -$56,1272018Assets 2019: $76,824Liabilities 2019: $159,697Net Assets 2019: -$82,8732019Assets 2020: $143,310Liabilities 2020: $288,643Net Assets 2020: -$145,3332020Assets 2021: $149,565Liabilities 2021: $205,327Net Assets 2021: -$55,7622021Assets 2022: $178,038Liabilities 2022: $164,716Net Assets 2022: $13,3222022Assets 2023: $132,599Liabilities 2023: $3,350Net Assets 2023: $129,2492023Assets 2024: $250,093Liabilities 2024: $40,046Net Assets 2024: $210,0472024

Highlighted filing

2024

Assets$250,093
Liabilities$40,046
Net Assets$210,047
Open 2024 Filing

Operations Trend

Revenue Growth33rd percentile

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

$300K$200K$100K$0-$100KExpenses 2010: $119,8082010Expenses 2011: $98,7222011Expenses 2012: $105,0912012Expenses 2013: $105,7472013Revenue 2014: $133,136Expenses 2014: $116,646Net Income 2014: $16,4902014Revenue 2015: $136,852Expenses 2015: $126,743Net Income 2015: $10,1092015Revenue 2016: $138,436Expenses 2016: $133,043Net Income 2016: $5,3932016Revenue 2017: $159,715Expenses 2017: $171,553Net Income 2017: -$11,8382017Revenue 2018: $131,916Expenses 2018: $117,811Net Income 2018: $14,1052018Revenue 2019: $82,992Expenses 2019: $111,951Net Income 2019: -$28,9592019Revenue 2020: $66,261Expenses 2020: $136,080Net Income 2020: -$69,8192020Revenue 2021: $179,108Expenses 2021: $106,632Net Income 2021: $72,4762021Revenue 2022: $176,533Expenses 2022: $94,685Net Income 2022: $81,8482022Revenue 2023: $218,787Expenses 2023: $114,753Net Income 2023: $104,0342023Revenue 2024: $172,234Expenses 2024: $114,246Net Income 2024: $57,9882024

Highlighted filing

2024

Revenue$172,234
Expenses$114,246
Net Income$57,988
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$250,093
Liabilities
$40,046
Net assets
$210,047
Revenue
$172,234
Expenses
$114,246
Net income
$57,988
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.50$0.40$2.10$1.72$1.14$0.58
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.03$1.29$2.19$1.15$1.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$1.65$0.13$1.77$0.95$0.82
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$2.05$0.56$1.79$1.07$0.72
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$2.89$1.45$0.66$1.36$0.70
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$1.60$0.83$0.83$1.12$0.29
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$1.36$0.56$1.32$1.18$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$1.46$0.64$1.60$1.72$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.60$1.25$0.65$1.38$1.33$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.65$1.38$0.73$1.37$1.27$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.58$1.48$0.90$1.33$1.17$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$1.48$1.20$1.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$1.67$1.36$1.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$1.52$1.35$0.99
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$1.63$1.42$1.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 14, 2025
Return Version
2023v6.0
Gross Receipts
$329,608
Mission and Program Overview

Mission

Founded in 1998, the kentucky derby festival foundation receives and manages charitable contributions on behalf of the kentucky derby festival, inc., its supporters and the general public. The foundation perpetuates the festival's impact on the community by developing projects that highlight the festival's influence on the area's cultural heritage. Its mission is to further the festival's educational and charitable mission through exhibitions and performances. The foundation adds to the festival's mission of providing creative entertainment that enhances the community.

To promote and further develop the interest of the general public in the greater louisville area and the kentucky derby festival and cultural heritage.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$37,865$112,749▲ $74,884
Investments in Publicly Traded Securities$72,660$95,570▲ $22,910
Prepaid Expenses and Deferred Charges$0$17,488▲ $17,488
Savings and Temporary Cash Investments$15,969$16,786▲ $817
Accounts Receivable$6,105$7,500▲ $1,395
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$132,599$250,093▲ $117,494
Liabilities
Other Liabilities$0$35,696▲ $35,696
Deferred Revenue$3,350$4,350▲ $1,000
Total Liabilities$3,350$40,046▲ $36,696
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$129,249$210,047▲ $80,798
Total Net Assets Fund Balance$129,249$210,047▲ $80,798
Total Liabilities and Net Assets / Fund Balance$132,599$250,093▲ $117,494

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$14,987$14,987
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Timothy WhittenChief Financial OfficerPT$102,388$102,388

Board Members and Trustees

NameTitle
David NettChair
Glenda ThomeChair Elect
Suzanne WrightImmediate Past Chair
Matthew GibsonPresident & CEO
Alfonso CornishBoard Member
Amy NallBoard Member
Becky CrumpBoard Member
Carolle Jones ClayBoard Member
Chadwick MctigheBoard Member
Cheryl GuessBoard Member
Debra RaymanBoard Member
Douglas CraddockBoard Member
Erin RasinenBoard Member
Helen DavisBoard Member
Jo GravesBoard Member
Ken SelvaggiBoard Member
Logan LeetBoard Member
Robert HatfieldBoard Member
Roy PottsBoard Member
Vincent JamesBoard Member
Adria JohnsonBoard Member (thru 6/2024)
Jay FergusonBoard Member (thru 6/2024)
Joanne HurstBoard Member (thru 6/2024)
Mike SheaBoard Member (thru 6/2024)
Dodie HowlettBoard Member/exec Direc (from 6/2024)
Michele OberstSecretary
Craig WhiteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$328,516
Program Service Revenue
$0
Investment Income
$1,092
Other Revenue
$-157,374
All Other Contributions
$18,551
Change in Net Assets
$57,988

Audited Revenue Reconciliation

Revenue per Audited Statements
$172,234
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$180,184
Total Revenue per Audited Statements
$352,418
Total Revenue per Form 990
$172,234
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$86,096
Grants and Similar Amounts Paid$28,150
Total Fundraising Expense$19,278
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$28,150--$28,150
Fees for Services Accounting-$12,397-$12,397
Occupancy$7,500--$7,500
Office Expenses$1,329$1,630-$2,959
Advertising$512--$512
Other Expenses$500$34,125$19,278$500
Fees for Services Other-$175-$175
Conferences and Meetings$53--$53
Total Functional Expenses$46,641$48,327$19,278$114,246

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$271,620
Expenses Not Reported on Form 990$157,374
Expenses per Audited Statements$114,246
Total Expenses per Form 990$114,246
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$157,374
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fillies Ball$202,615-$45,614-
Justicefest--$15,539-
Total Events$227,615-$157,374$-157,374
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accounts Payable - Related Party$35,696
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A draft of the return is reviewed first by internal management. After internal management has reviewed the return and any changes are made a draft is provided to the finance committee and board of directors for review. Once the comments from the board are reviewed the final draft of the return is prepared and signed by the signing officer.”

Form 990, Part VI, Section B, Line 12C

“Each director, principal officer and member of the board of directors shall annually sign a statement which states they have received a copy of the conflict of interest policy, have read and understand the policy, agreed to comply with the policy, and understand the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Periodic reviews will be made to ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status.”

Form 990, Part VI, Section C, Line 19

“Audited financials, governing documents and conflict of interest policy are available upon request at the filing organization's office.”

Filing and Contact Details

Filer

Filer Name
Kentucky Derby Festival Foundation
EIN
31-1629357
Phone
5025893378
Address
1001 SOUTH THIRD STREET, LOUISVILLE, KY 40203

Signing Officer

Name
Matt Gibson
Title
President/CEO
Phone
5025893378
Signed
2025-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Gibson
Formed
1998
Legal Domicile
Ky
Voting Board Members
23
Independent Board Members
22
Employees
0
Volunteers
100

Preparer

Firm
Cherry Bekaert Advisory LLC
Address
462 S FOURTH ST SUITE 2600, LOUISVILLE, KY 40202-3445
Preparer
Stephanie Lew
Phone
5027491900
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII Line 2C

“The organization has an audit committee that oversees the selection of the independent accountant and oversees the audit. There was no change in oversight process or selection process from the previous year.”

Financial Statement Notes

PART X, LINE 2:

“The foundation qualifies as a tax-exempt organization under section 501(c)(3) of the internal revenue code and is classified as other than a private foundation. Accordingly, no income taxes have been provided in the accompanying financial statements. The foundation evaluates uncertain income tax positions using a more-likely-than-not approach and recognizes interest related to uncertainties in income taxes, if any, in interest expense in the statements of activities. No liabilities for uncertain tax positions have been reflected in the accompanying financial statements.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses from special events 157,374.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expenses from special events 157,374.”

Raw XML AppendixShowing 400 of 683 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsReceivableGrp/BOYAmt06105
IRS990/AccountsReceivableGrp/EOYAmt07500
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IRS990/ActivityOrMissionDesc0TO PROMOTE AND FURTHER DEVELOP THE INTEREST OF THE GENERAL PUBLIC IN THE GREATER LOUISVILLE AREA AND THE KENTUCKY DERBY FESTIVAL AND CULTURAL HERITAGE.
IRS990/AdvertisingGrp/ProgramServicesAmt0512
IRS990/AdvertisingGrp/TotalAmt0512
IRS990/AllOtherContributionsAmt018551
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IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0PROMOTING AND FURTHER DEVELOPING THE INTEREST OF THE GENERAL PUBLIC IN THE GREATER LOUISVILLE AREA AND THE KENTUCKY DERBY FESTIVAL AND ITS CULTURAL HERITAGE.
IRS990/DescribedInSection501c3Ind01
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IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2710580
IRS990/Form990PartVIISectionAGrp/PersonNm0MATTHEW GIBSON
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID NETT
IRS990/Form990PartVIISectionAGrp/PersonNm2SUZANNE WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm3GLENDA THOME
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHELE OBERST
IRS990/Form990PartVIISectionAGrp/PersonNm5CRAIG WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm6ALFONSO CORNISH
IRS990/Form990PartVIISectionAGrp/PersonNm7DOUGLAS CRADDOCK
IRS990/Form990PartVIISectionAGrp/PersonNm8BECKY CRUMP
IRS990/Form990PartVIISectionAGrp/PersonNm9HELEN DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm10JAY FERGUSON
IRS990/Form990PartVIISectionAGrp/PersonNm11JO GRAVES
IRS990/Form990PartVIISectionAGrp/PersonNm12CHERYL GUESS
IRS990/Form990PartVIISectionAGrp/PersonNm13ROBERT HATFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm14DODIE HOWLETT
IRS990/Form990PartVIISectionAGrp/PersonNm15JOANNE HURST
IRS990/Form990PartVIISectionAGrp/PersonNm16VINCENT JAMES
IRS990/Form990PartVIISectionAGrp/PersonNm17ADRIA JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm18CAROLLE JONES CLAY
IRS990/Form990PartVIISectionAGrp/PersonNm19LOGAN LEET
IRS990/Form990PartVIISectionAGrp/PersonNm20CHADWICK MCTIGHE
IRS990/Form990PartVIISectionAGrp/PersonNm21AMY NALL
IRS990/Form990PartVIISectionAGrp/PersonNm22ROY POTTS
IRS990/Form990PartVIISectionAGrp/PersonNm23ERIN RASINEN
IRS990/Form990PartVIISectionAGrp/PersonNm24DEBRA RAYMAN
IRS990/Form990PartVIISectionAGrp/PersonNm25KEN SELVAGGI
IRS990/Form990PartVIISectionAGrp/PersonNm26MIKE SHEA
IRS990/Form990PartVIISectionAGrp/PersonNm27TIMOTHY WHITTEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0210743
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2791808
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER (THRU 6/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER/EXEC DIREC (FROM 6/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER (THRU 6/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER (THRU 6/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD MEMBER (THRU 6/2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt27CHIEF FINANCIAL OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
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IRS990/FundraisingDirectExpensesAmt0157374
IRS990/FundraisingGrossIncomeAmt00
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
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IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt022350
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FOUNDED IN 1998, THE KENTUCKY DERBY FESTIVAL FOUNDATION RECEIVES AND MANAGES CHARITABLE CONTRIBUTIONS ON BEHALF OF THE KENTUCKY DERBY FESTIVAL, INC., ITS SUPPORTERS AND THE GENERAL PUBLIC. THE FOUNDATION PERPETUATES THE FESTIVAL'S IMPACT ON THE COMMUNITY BY DEVELOPING PROJECTS THAT HIGHLIGHT THE FESTIVAL'S INFLUENCE ON THE AREA'S CULTURAL HERITAGE. ITS MISSION IS TO FURTHER THE FESTIVAL'S EDUCATIONAL AND CHARITABLE MISSION THROUGH EXHIBITIONS AND PERFORMANCES. THE FOUNDATION ADDS TO THE FESTIVAL'S MISSION OF PROVIDING CREATIVE ENTERTAINMENT THAT ENHANCES THE COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NondeductibleContributionsInd00
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IRS990/OccupancyGrp/TotalAmt07500
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IRS990/OfficeExpensesGrp/ProgramServicesAmt01329
IRS990/OfficeExpensesGrp/TotalAmt02959
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc1HOSPITALITY & CATERING
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IRS990/OtherExpensesGrp/ProgramServicesAmt1500
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IRS990/OtherExpensesGrp/TotalAmt1500
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IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017488
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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYOtherExpensesAmt074503
IRS990/PYOtherRevenueAmt016944
IRS990/PYProgramServiceRevenueAmt00

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