NonprofitsKentucky Derby Festival Foundation Inc

Arts, Culture & Humanities

Kentucky Derby Festival Foundation Inc

LOUISVILLE, KY

Total revenue

$172K

Total expenses

$114K

Net assets

$210K

Grants received

$910K

22 grants

EIN

311629357

Tax year

2023

Mission

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

Financials

FY 2023

Revenue

Contributions & grants$329K
Program service revenue
Investment income$1K
Other revenue
Total revenue$172K

Expenses

Grants paid$28K
Salaries & benefits
Fundraising$19K
Other expenses$86K
Total expenses$114K
Total assets$250K
Net assets$210K

People

28 listed

NameRoleCompensation

MATTHEW GIBSON

PRESIDENT & CEO

Board

5 hrs/wk

DAVID NETT

CHAIR

Board

0.5 hrs/wk

SUZANNE WRIGHT

IMMEDIATE PAST CHAIR

Board

0.5 hrs/wk

GLENDA THOME

CHAIR ELECT

Board

0.5 hrs/wk

MICHELE OBERST

SECRETARY

Board

0.5 hrs/wk

CRAIG WHITE

TREASURER

Board

0.5 hrs/wk

ALFONSO CORNISH

BOARD MEMBER

Board

0.5 hrs/wk

DOUGLAS CRADDOCK

BOARD MEMBER

Board

0.5 hrs/wk

BECKY CRUMP

BOARD MEMBER

Board

0.5 hrs/wk

HELEN DAVIS

BOARD MEMBER

Board

0.5 hrs/wk

JAY FERGUSON

BOARD MEMBER (THRU 6/2024)

Board

0.5 hrs/wk

JO GRAVES

BOARD MEMBER

Board

0.5 hrs/wk

CHERYL GUESS

BOARD MEMBER

Board

0.5 hrs/wk

ROBERT HATFIELD

BOARD MEMBER

Board

0.5 hrs/wk

DODIE HOWLETT

BOARD MEMBER/EXEC DIREC (FROM 6/2024)

Board

0.5 hrs/wk

JOANNE HURST

BOARD MEMBER (THRU 6/2024)

Board

0.5 hrs/wk

VINCENT JAMES

BOARD MEMBER

Board

0.5 hrs/wk

ADRIA JOHNSON

BOARD MEMBER (THRU 6/2024)

Board

0.5 hrs/wk

CAROLLE JONES CLAY

BOARD MEMBER

Board

0.5 hrs/wk

LOGAN LEET

BOARD MEMBER

Board

0.5 hrs/wk

CHADWICK MCTIGHE

BOARD MEMBER

Board

0.5 hrs/wk

AMY NALL

BOARD MEMBER

Board

0.5 hrs/wk

ROY POTTS

BOARD MEMBER

Board

0.5 hrs/wk

ERIN RASINEN

BOARD MEMBER

Board

0.5 hrs/wk

DEBRA RAYMAN

BOARD MEMBER

Board

0.5 hrs/wk

KEN SELVAGGI

BOARD MEMBER

Board

0.5 hrs/wk

MIKE SHEA

BOARD MEMBER (THRU 6/2024)

Board

0.5 hrs/wk

TIMOTHY WHITTEN

CHIEF FINANCIAL OFFICER

Board

5 hrs/wk

Grants received

Showing 22 of 22

FromAmountPurposeYear
$178K
KENTUCKY DERBY FESTIVAL
2024
$20K
VACCINE ACCESS & TRUST
2024
$60K
TO FUND EVENTS AND PROVIDE GENERAL SUPPORT
2023
$3K
Program Support
2023
$2K
Program Support
2023
$600
FURTHER ITS EXEMPT PURPOSE
2023
$98K
TO FUND EVENTS AND PROVIDE GENERAL SUPPORT
2022
$50K
PROGRAMMING
2022
$30K
BETTER WORLD
2022
$2K
Program Support
2022
$95K
TO FUND EVENTS AND PROVIDE GENERAL SUPPORT
2021
$38K
GENERAL OPERATING SUPPORT
2021
$30K
PROGRAMMING
2021
$125K
A84 COMMEMORATIVE EVENTS
2020
$40K
BETTER WORLD
2020
$20K
PROGRAMMING
2020
$12K
Arts, Media & Culture
2020
$8K
2021 DONATION RACE FOR JUSTICE
2020
$40K
BETTER WORLD
2018
$10K
PROGRAMMING
2018

Funded by

$910K from 12 funders · 22 grants · 2018–2024

Kentucky Derby Festival Inc

$253K · 3 grants · 2021–2023

Lg&E And Ku Foundation Inc

$178K · 1 grant · 2024

Rostrevor Foundation Inc

$110K · 4 grants · 2018–2022

Ford Motor Company Fund

$110K · 3 grants · 2018–2022

Horseshoe Foundation Of Floyd County Inc

$50K · 2 grants · 2022–2023

Kindred Foundation Inc

$38K · 1 grant · 2021

Details

EIN311629357
NTEE codeA840
Subsection03
Ruling date1999-03
Formed1998
Employees0
Volunteers100
KENTUCKY DERBY FESTIVAL FOUNDATION INC — Mission, Financials & Grants Received | Grantivo