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Nonprofits›Kentucky Derby Festival Inc

Kentucky Derby Festival Inc

LOUISVILLE, KY

Website View as a funder

Total revenue

$8.3M

Total expenses

$8.1M

Net assets

$3.7M

Grants received

$411K

11 grants

EIN

610713833

Tax year

2023

Mission

Provide kentucky derby festival events to promote social welfare in the greater louisville area.

Financials

FY 2023

Revenue

Contributions & grants—

Program service revenue$8.0M

Investment income$248K

Other revenue$34K

Total revenue$8.3M

Expenses

Grants paid$60K

Salaries & benefits$1.9M

Fundraising$1.1M

Other expenses$6.1M

Total expenses$8.1M

Total assets$6.3M

Net assets$3.7M

People

50 listed

NameRoleCompensation

MATTHEW GIBSON

PRESIDENT & CEO

Board

$211K

35 hrs/wk

TIMOTHY WHITTEN

CHIEF FINANCIAL OFFICER

Board

$92K

35 hrs/wk

BILL FISHER

TREASURER

Board

—

3 hrs/wk

CRYSTAL ANDERSON

BOARD MEMBER

Board

—

3 hrs/wk

STEVE ANDRIOT

BOARD MEMBER

Board

—

3 hrs/wk

COL JOHN AUBREY

BOARD MEMBER

Board

—

3 hrs/wk

PHILLIP BAKER

BOARD MEMBER

Board

—

3 hrs/wk

TRACEY BALLARD

BOARD MEMBER

Board

—

3 hrs/wk

DAVID BECK

BOARD MEMBER

Board

—

3 hrs/wk

JILL BELL

BOARD MEMBER

Board

—

3 hrs/wk

DAVID BINGHAM

BOARD MEMBER

Board

—

3 hrs/wk

TYLER BLISS

BOARD MEMBER

Board

—

3 hrs/wk

MIKE CAMPBELL

BOARD MEMBER

Board

—

3 hrs/wk

PAUL CARROLL

BOARD MEMBER

Board

—

3 hrs/wk

JANICE CATES

BOARD MEMBER

Board

—

3 hrs/wk

JASON CHIN

BOARD MEMBER

Board

—

3 hrs/wk

CAROLLE CLAY

BOARD MEMBER

Board

—

3 hrs/wk

NATASHA COLLINS

BOARD MEMBER

Board

—

3 hrs/wk

LISA COLUMBIA

BOARD MEMBER

Board

—

3 hrs/wk

DEREK COWHERD

BOARD MEMBER

Board

—

3 hrs/wk

J DELANEY

BOARD MEMBER

Board

—

3 hrs/wk

WILL DONALDSON

BOARD MEMBER

Board

—

3 hrs/wk

GARY FRIEDMAN

BOARD MEMBER

Board

—

3 hrs/wk

LES FUGATE

BOARD MEMBER

Board

—

3 hrs/wk

MIKE GANDOLFO

BOARD MEMBER

Board

—

3 hrs/wk

LANCE GEORGE

BOARD MEMBER

Board

—

3 hrs/wk

CYNTHIA GOLDSBERRY

BOARD MEMBER

Board

—

3 hrs/wk

MARINA GONZALEZ

BOARD MEMBER

Board

—

3 hrs/wk

ALLISON GOUSHA

BOARD MEMBER

Board

—

3 hrs/wk

JO GRAVES

BOARD MEMBER

Board

—

3 hrs/wk

ROBERT HECHT

BOARD MEMBER

Board

—

3 hrs/wk

DARREN HOBBS

BOARD MEMBER

Board

—

3 hrs/wk

CASSIDY HYDE

BOARD MEMBER

Board

—

3 hrs/wk

MARY IRBY-JONES

BOARD MEMBER

Board

—

3 hrs/wk

BRIANA LATHON BLUFORD

BOARD MEMBER

Board

—

3 hrs/wk

JANET LIVELY MCCAULEY

BOARD MEMBER

Board

—

3 hrs/wk

ANN MALDINI

BOARD MEMBER (THRU 4/24)

Board

—

3 hrs/wk

MIKE MANGEOT

BOARD MEMBER

Board

—

3 hrs/wk

TIM MCGURK

BOARD MEMBER

Board

—

3 hrs/wk

MELANIE MILLER

BOARD MEMBER (THRU 6/24)

Board

—

3 hrs/wk

ANDY MURPHY

BOARD MEMBER

Board

—

3 hrs/wk

SARAH NEFF

BOARD MEMBER

Board

—

3 hrs/wk

DWIGHT NEWTON

BOARD MEMBER

Board

—

3 hrs/wk

CAROL NORD

BOARD MEMBER

Board

—

3 hrs/wk

JOHN O'BRIEN

BOARD MEMBER

Board

—

3 hrs/wk

JASON O'DANIEL

BOARD MEMBER

Board

—

3 hrs/wk

MIKE PARRINO

BOARD MEMBER

Board

—

3 hrs/wk

APRIL ZIK

MARKETING MANAGER

Staff

$169K

40 hrs/wk

JOANNIE LEPPING GILLIS

SPONSORSHIP MGR.

Staff

$118K

40 hrs/wk

JESSICA POLLIO

SPONSORSHIP MGR.

Staff

$101K

40 hrs/wk

Independent contractors

VIMARC

ADVERTISING

$574K

ZAMBELLI INTERNATIONAL

FIREWORKS

$297K

THE GALT HOUSE

HOTEL/CATERING

$196K

VISUAL PRESENTATIONS

SHOW PRODUCTION

$183K

CED

A/V SERVICES

$154K

Grants received

Showing 11 of 11

FromAmountPurposeYear

HORSESHOE FOUNDATION OF FLOYD COUNTY INC

$25K

GENERAL SUPPORT

2024

CHURCHILL DOWNS INCORPORATED FOUNDATION

$50K

CHARITABLE

2023

COMMONWEALTH CREDIT UNION

$35K

SPONSORSHIP

2023

U OF L HEALTH - LOUISVILLE INC

$20K

PROGRAM SERVICES

2023

U OF L HEALTH - LOUISVILLE INC

$20K

PROGRAM SERVICES

2023

CHURCHILL DOWNS INCORPORATED FOUNDATION

$200K

CHARITABLE

2022

COMMONWEALTH CREDIT UNION

$24K

SPONSORSHIP

2022

Norton Healthcare Inc

$12K

Promoting local festival

2020

Baptist Healthcare System Inc

$5K

General Support

2019

KENTUCKY DERBY FESTIVAL FOUNDATION

$11K

PRIZES FOR SPELLING BEE WINNERS.

2018

KENTUCKY DERBY FESTIVAL FOUNDATION

$11K

PRIZES FOR SPELLING BEE WINNERS.

2017

Funded by

$411K from 7 funders · 11 grants · 2017–2024

Churchill Downs Incorporated Foundation

$250K · 2 grants · 2022–2023

Commonwealth Credit Union

$59K · 2 grants · 2022–2023

U Of L Health - Louisville Inc

$40K · 2 grants · 2023

Horseshoe Foundation Of Floyd County Inc

$25K · 1 grant · 2024

Kentucky Derby Festival Foundation

$21K · 2 grants · 2017–2018

Norton Healthcare Inc

$12K · 1 grant · 2020

Baptist Healthcare System Inc

$5K · 1 grant · 2019

Details

EIN610713833

Subsection04

Ruling date1957-11

Formed1957

Employees26

Volunteers4000