- Revenue 2024
- $297,659
- Expenses 2024
- $148,964
Program services were 34.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- A840
- Classification
- 1000
- Street
- 1001 S 3RD ST
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Other organizations at this address
1 other organization in the IRS Business Master File lists the same street address. matched by us
We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.
-
KENTUCKY DERBY FESTIVAL INC
EIN 61-0713833
Mission and programs · 2024
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.
Activities or mission (Part I)
TO PROMOTE AND FURTHER DEVELOP THE INTEREST OF THE GENERAL PUBLIC IN THE GREATER LOUISVILLE AREA AND THE KENTUCKY DERBY FESTIVAL AND CULTURAL HERITAGE.
-
PROMOTING AND FURTHER DEVELOPING THE INTEREST OF THE GENERAL PUBLIC IN THE GREATER LOUISVILLE AREA AND THE KENTUCKY DERBY FESTIVAL AND ITS CULTURAL HERITAGE.
Expenses $51,992 · Grants $34,700
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Matthew GibsonMATTHEW GIBSON
PRESIDENT & CEO
- Total calculated
- $237,239
- From this org
- $0
- From related orgs
- $226,659
- Other
- $10,580
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $226,659 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $10,580 related
- Filer's total
- $0 + $237,239 related
-
Dodie HowlettDODIE HOWLETT
BOARD MEMBER/EXEC. DIR.(BEGAN 6/2025)
- Total calculated
- $116,749
- From this org
- $0
- From related orgs
- $106,169
- Other
- $10,580
- Hours/week
- 0.5 + 40 related
-
David NettDAVID NETT
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Glenda ThomeGLENDA THOME
CHAIR ELECT (THRU 6/18/25)
- Total calculated
- $0
- Hours/week
- 0.5
-
Craig WhiteCRAIG WHITE
TREASURER/SECRETARY(BEGAN 6/19/25)
- Total calculated
- $0
- Hours/week
- 0.5
-
Debra RaymanDEBRA RAYMAN
BOARD MEMBER/CHAIR-ELECT(BEGAN 6/19/25)
- Total calculated
- $0
- Hours/week
- 0.5
-
Ken SelvaggiKEN SELVAGGI
BOARD MEMBER/CHAIR(BEGAN 6/19/25)
- Total calculated
- $0
- Hours/week
- 0.5
-
Michelle B WhiteMICHELLE B WHITE
BOARD MEMBER/TREASURER(BEGAN 6/19/25)
- Total calculated
- $0
- Hours/week
- 0.5
-
Suzanne WrightSUZANNE WRIGHT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 3 related
-
Michele OberstMICHELE OBERST
SECRETARY/BOARD MEMBER(BEGAN 6/19/25)
- Total calculated
- $0
- Hours/week
- 0.5
-
Alfonso CornishALFONSO CORNISH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 3 related
-
Douglas CraddockDOUGLAS CRADDOCK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Becky CrumpBECKY CRUMP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Helen DavisHELEN DAVIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Jo GravesJO GRAVES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 3 related
-
Cheryl GuessCHERYL GUESS
BOARD MEMBER (THRU 6/18/25)
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert HatfieldROBERT HATFIELD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Joanne HurstJOANNE HURST
BOARD MEMBER (FROM 6/19/25)
- Total calculated
- $0
- Hours/week
- 0.5 + 3 related
-
Vincent JamesVINCENT JAMES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Carolle ClayCAROLLE CLAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 3 related
-
Chadwick McTigheCHADWICK MCTIGHE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Amy NallAMY NALL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Roy PottsROY POTTS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Erin RasinenERIN RASINEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5 + 3 related
-
Tracy BarberTRACY BARBER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $297,659
- Expenses
- $148,964
- Contributions
- $523,902
- Grants paid
- $34,700
-
2023
- Revenue
- $172,234
- Expenses
- $114,246
- Contributions
- $328,516
- Grants paid
- $28,150
-
2022
- Revenue
- $218,787
- Expenses
- $114,753
- Contributions
- $200,681
- Grants paid
- $40,250
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $176,533
- Expenses
- $94,685
- Assets (EOY)
- $178,038
-
2020 · 990
- Revenue
- $179,108
- Expenses
- $106,632
- Assets (EOY)
- $149,565
-
2019 · 990
- Revenue
- $66,261
- Expenses
- $136,080
- Assets (EOY)
- $143,310
-
2018 · 990
- Revenue
- $82,992
- Expenses
- $111,951
- Assets (EOY)
- $76,824
-
2017 · 990
- Revenue
- $131,916
- Expenses
- $117,811
- Assets (EOY)
- $79,452
-
2016 · 990
- Revenue
- $159,715
- Expenses
- $171,553
- Assets (EOY)
- $81,594
-
2015 · 990
- Revenue
- $138,436
- Expenses
- $133,043
- Assets (EOY)
- $59,850
-
2014 · 990
- Revenue
- $136,852
- Expenses
- $126,743
- Assets (EOY)
- $64,931
-
2013 · 990
- Revenue
- $133,136
- Expenses
- $116,646
- Assets (EOY)
- $57,712
-
2012 · 990
- Revenue
- not reported
- Expenses
- $105,747
- Assets (EOY)
- $28,008
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
$97,500
2022 TO FUND EVENTS AND PROVIDE GENERAL SUPPORT
-
$65,000
2024 TO FUND EVENTS AND PROVIDE GENERAL SUPPORT
-
$60,000
2023 TO FUND EVENTS AND PROVIDE GENERAL SUPPORT
-
2023 GENERAL SUPPORT
-
2022 GENERAL SUPPORT
-
2024 VACCINE ACCESS & TRUST
-
2024 TO SUPPORT YOUTH SPORTS PROGRAMS AND OTHER CHARITABLE PURPOSES
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
501(C)(4) · PROVIDES EVENTS TO PROMOTE SOCIAL WELFARE. · KY
Declared as related by
-
On its 2024 return as a controlled entity
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 11 November 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.