Kentucky Derby Festival Foundation Inc

Louisville, KY
Tax-exempt since March 1999
EIN: 31-1629357

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Arts, Culture and Humanities / Commemorative Events (NTEE)

Donations to this organization are tax deductible.

Revenue

$172k (2024)

Expenses

$114k (2024)

Total Assets

$250k (2024)

Total Liabilities

$40k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2024

Revenue

$172,234

Expenses

$114,246

Net Income

$57,988

Net Assets

$210,047

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$328,516	> 100%
Program Services	$0
Investment Income	$1,092	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$157,374
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$250,093
Total Liabilities	$40,046
Net Assets	$210,047

Compensation

Key Employees and Officers	Compensation	Related	Other
Matthew Gibson (President & Ceo)	$0	$210,743	$10,580
David Nett (Chair)	$0	$0	$0
Suzanne Wright (Immediate Past Chair)	$0	$0	$0
Glenda Thome (Chair Elect)	$0	$0	$0
Michele Oberst (Secretary)	$0	$0	$0
Craig White (Treasurer)	$0	$0	$0
Alfonso Cornish (Board Member)	$0	$0	$0
Douglas Craddock (Board Member)	$0	$0	$0
Becky Crump (Board Member)	$0	$0	$0
Helen Davis (Board Member)	$0	$0	$0
Jay Ferguson (Board Member (Thru 6/2024))	$0	$0	$0
Jo Graves (Board Member)	$0	$0	$0
Cheryl Guess (Board Member)	$0	$0	$0
Robert Hatfield (Board Member)	$0	$0	$0
Dodie Howlett (Board Member/Exec Direc (From 6/2024))	$0	$0	$0
Joanne Hurst (Board Member (Thru 6/2024))	$0	$0	$0
Vincent James (Board Member)	$0	$0	$0
Adria Johnson (Board Member (Thru 6/2024))	$0	$0	$0
Carolle Jones Clay (Board Member)	$0	$0	$0
Logan Leet (Board Member)	$0	$0	$0
Chadwick Mctighe (Board Member)	$0	$0	$0
Amy Nall (Board Member)	$0	$0	$0
Roy Potts (Board Member)	$0	$0	$0
Erin Rasinen (Board Member)	$0	$0	$0
Debra Rayman (Board Member)	$0	$0	$0
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990

Filed on Aug. 15, 2025

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Fiscal Year Ending Sept.
2023

Revenue

$218,787

Expenses

$114,753

Net Income

$104,034

Net Assets

$129,249

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$200,681	91.7%
Program Services	$0
Investment Income	$1,162	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$16,944	7.7%
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$132,599
Total Liabilities	$3,350
Net Assets	$129,249

Compensation

Key Employees and Officers	Compensation	Related	Other
David Nett (Chair)	$0	$0	$0
Suzanne Wright (Immediate Past Chair)	$0	$0	$0
Glenda Thome (Chair Elect)	$0	$0	$0
Michele Oberst (Secretary)	$0	$0	$0
Craig White (Treasurer)	$0	$0	$0
Becky Cowan (Board Member)	$0	$0	$0
Douglas Craddock (Board Member)	$0	$0	$0
Becky Crump (Board Member)	$0	$0	$0
Jo Graves (Board Member)	$0	$0	$0
Cheryl Guess (Board Member)	$0	$0	$0
Robert Hatfield (Board Member)	$0	$0	$0
Judy Hess (Board Member)	$0	$0	$0
Vincent James (Board Member)	$0	$0	$0
Carolle Jones Clay (Board Member)	$0	$0	$0
Melaine Kane (Board Member)	$0	$0	$0
Tim Mcgurk (Board Member)	$0	$0	$0
Chadwick Mctighe (Board Member)	$0	$0	$0
Trish Osborn (Board Member)	$0	$0	$0
Erin Rasinen (Board Member)	$0	$0	$0
Debra Rayman (Board Member)	$0	$0	$0
Ken Selvaggi (Board Member)	$0	$0	$0
Mike Shea (Board Member)	$0	$0	$0
Matt Gibson (President & Ceo)	$0	$210,878	$9,912
Timothy Whitten (Chief Financial Officer)	$0	$90,909	$9,912

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990

Filed on Aug. 14, 2024

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Fiscal Year Ending Sept.
2022

Revenue

$176,533

Expenses

$94,685

Net Income

$81,848

Net Assets

$13,322

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$204,417	> 100%
Program Services	$0
Investment Income	$499	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$28,383
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$178,038
Total Liabilities	$164,716
Net Assets	$13,322

Compensation

Key Employees and Officers	Compensation	Related	Other
Matt Gibson (President & Ceo)	$0	$183,458	$8,268
Timothy Whitten (Chief Financial Officer)	$0	$79,061	$8,268
Natasha Collins (Board Member)	$0	$0	$0
Alfonso Cornish (Board Member)	$0	$0	$0
Becky Cowan (Board Member)	$0	$0	$0
Sally Galla (Board Member)	$0	$0	$0
Jo Graves (Board Member)	$0	$0	$0
Robert Hatfield (Board Member)	$0	$0	$0
Judy Hess (Board Member)	$0	$0	$0
Carolle Jones Clay (Board Member)	$0	$0	$0
Tim Mcgurk (Board Member)	$0	$0	$0
Chadwick Mctighe (Board Member)	$0	$0	$0
Trish Osborn (Board Member)	$0	$0	$0
Erin Rasinen (Board Member)	$0	$0	$0
Ken Selvaggi (Board Member)	$0	$0	$0
Mike Shea (Board Member)	$0	$0	$0
Barb Wainwright (Board Member)	$0	$0	$0
Chris Whelan (Board Member)	$0	$0	$0
Craig White (Board Member)	$0	$0	$0
Logan Leet (Board Member)	$0	$0	$0
Paula Bishop (Board Member (Term End 6/22))	$0	$0	$0
Mike Kallay (Board Member (Term End 6/22))	$0	$0	$0
Marita Willis (Board Member (Term End 6/22))	$0	$0	$0
Ty Ball (Secretary/Board Member)	$0	$0	$0
Michele Oberst (Treasurer/Board Member)	$0	$0	$0
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990

Filed on Aug. 15, 2023

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Fiscal Year Ending Sept.
2021

Revenue

$179,108

Expenses

$106,632

Net Income

$72,476

Net Assets

-$55,762

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$224,095	> 100%
Program Services	$0
Investment Income	$715	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$45,702
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$149,565
Total Liabilities	$205,327
Net Assets	-$55,762

Compensation

Key Employees and Officers	Compensation	Related	Other
Matt Gibson (President & Ceo)	$0	$174,320	$9,153
Timothy Whitten (Chief Financial Officer)	$0	$79,061	$9,153
Ty Ball (Board Member)	$0	$0	$0
Becky Cowan (Board Member)	$0	$0	$0
Jo Graves (Board Member)	$0	$0	$0
Robert Hatfield (Board Member)	$0	$0	$0
Judy Hess (Board Member)	$0	$0	$0
Wendy Jacob (Board Member)	$0	$0	$0
Carolle Jones Clay (Board Member)	$0	$0	$0
Mike Kallay (Board Member)	$0	$0	$0
Scott Kuhn (Board Member)	$0	$0	$0
Chadwick Mctighe (Board Member)	$0	$0	$0
Susan Moore (Board Member)	$0	$0	$0
David Nett (Board Member)	$0	$0	$0
Trish Osborn (Board Member)	$0	$0	$0
Jeff Powell (Board Member)	$0	$0	$0
Mike Shea (Board Member)	$0	$0	$0
Glenda Thome (Board Member)	$0	$0	$0
Scott Watkins (Board Member)	$0	$0	$0
Chris Whelan (Board Member)	$0	$0	$0
Marita Willis (Board Member)	$0	$0	$0
Mike Ziemianski (Board Member)	$0	$0	$0
Sally Galla (Chair)	$0	$0	$0
Norris Hamilton (Chair Elect)	$0	$0	$0
Logan Leet (Treasurer)	$0	$0	$0
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990

Filed on Aug. 15, 2022

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Fiscal Year Ending Sept.
2020

Revenue

$66,261

Expenses

$136,080

Net Income

-$69,819

Net Assets

-$145,333

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$65,187	98.4%
Program Services	$0
Investment Income	$716	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$358	0.5%
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$143,310
Total Liabilities	$288,643
Net Assets	-$145,333

Compensation

Key Employees and Officers	Compensation	Related	Other
Timothy Whitten (Chief Financial Officer)	$0	$76,748	$8,038
Jeff English Term Ended 102920 (President & Ceo)	$0	$96,853	$11,912
Matt Gibson (President & Ceo)	$0	$98,900	$12,052
Sally Galla (Chair)	$0	$0	$0
Norris Hamilton (Chair Elect)	$0	$0	$0
Logan Leet (Treasurer)	$0	$0	$0
Suzanne Wright (Secretary)	$0	$0	$0
Ty Ball (Board Member)	$0	$0	$0
Becky Cowan (Board Member)	$0	$0	$0
Jo Graves (Board Member)	$0	$0	$0
Robert Hatfield (Board Member)	$0	$0	$0
Judy Hess (Board Member)	$0	$0	$0
Wendy Jacob (Board Member)	$0	$0	$0
Carolle Jones Clay (Board Member)	$0	$0	$0
Mike Kallay (Board Member)	$0	$0	$0
Scott Kuhn (Board Member)	$0	$0	$0
Chadwick Mctighe (Board Member)	$0	$0	$0
Susan Moore (Board Member)	$0	$0	$0
David Nett (Board Member)	$0	$0	$0
Trish Osborn (Board Member)	$0	$0	$0
Jeff Powell (Board Member)	$0	$0	$0
Mike Shea (Board Member)	$0	$0	$0
Glenda Thome (Board Member)	$0	$0	$0
Scott Watkins (Board Member)	$0	$0	$0
Chris Whelan (Board Member)	$0	$0	$0
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990

Filed on June 21, 2021

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Fiscal Year Ending Sept.
2019

Revenue

$82,992

Expenses

$111,951

Net Income

-$28,959

Net Assets

-$82,873

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$93,321	> 100%
Program Services	$0
Investment Income	$809	1.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$11,138
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$76,824
Total Liabilities	$159,697
Net Assets	-$82,873

Compensation

Key Employees and Officers	Compensation	Related	Other
Sally Galla (Chair)	$0	$0	$0
Norris Hamilton (Chair Elect)	$0	$0	$0
Logan Leet (Treasurer)	$0	$0	$0
Suzanne Wright (Secretary)	$0	$0	$0
Ty Ball (Board Member)	$0	$0	$0
Becky Cowan (Board Member)	$0	$0	$0
Jo Graves (Board Member)	$0	$0	$0
Robert Hatfield (Board Member)	$0	$0	$0
Judy Hess (Board Member)	$0	$0	$0
Wendy Jacob (Board Member)	$0	$0	$0
Carolle Jones Clay (Board Member)	$0	$0	$0
Mike Kallay (Board Member)	$0	$0	$0
Scott Kuhn (Board Member)	$0	$0	$0
Chadwick Mctighe (Board Member)	$0	$0	$0
Susan Moore (Board Member)	$0	$0	$0
David Nett (Board Member)	$0	$0	$0
Trish Osborn (Board Member)	$0	$0	$0
Jeff Powell (Board Member)	$0	$0	$0
Mike Shea (Board Member)	$0	$0	$0
Glenda Thome (Board Member)	$0	$0	$0
Scott Watkins (Board Member)	$0	$0	$0
Chris Whelan (Board Member)	$0	$0	$0
Marita Willis (Board Member)	$0	$0	$0
Mike Zeimianski (Board Member)	$0	$0	$0
Michael Berry (President & Ceo)	$0	$225,991	$26,950
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990

Filed on May 15, 2020

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Fiscal Year Ending Sept.
2018

Revenue

$131,916

Expenses

$117,811

Net Income

$14,105

Net Assets

-$56,127

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$97,284	73.7%
Program Services	$0
Investment Income	$213	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$22,891	17.4%
Sales of Assets	$11,528	8.7%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$79,452
Total Liabilities	$135,579
Net Assets	-$56,127

Compensation

Key Employees and Officers	Compensation	Related	Other
Becky Cowan (Director)	$0	$0	$0
Sally Galla (Chair Elect)	$0	$0	$0
Jo Graves (Treasurer)	$0	$0	$0
Norris Hamilton (Secretary)	$0	$0	$0
Robert Hatfield (Director)	$0	$0	$0
Judy Hess (Director)	$0	$0	$0
Wendy Jacob (Director)	$0	$0	$0
Jenny Jacob (Director)	$0	$0	$0
Carolle Jones Clay (Director)	$0	$0	$0
Logan Leet (Director)	$0	$0	$0
Chadwick Mctighe (Chair)	$0	$0	$0
David Nett (Director)	$0	$0	$0
Trish Osborn (Director)	$0	$0	$0
Jeff Powell (Director)	$0	$0	$0
Lisa Stevenson (Director)	$0	$0	$0
Scott Watkins (Director)	$0	$0	$0
Chris Whelan (Director)	$0	$0	$0
Marita Willis (Director)	$0	$0	$0
Suzanne Wright (Director)	$0	$0	$0
Mike Ziemianski (Director)	$0	$0	$0
Michael Berry (President & Ceo)	$0	$220,676	$33,970
Jeff English (President & Ceo)	$0	$94,844	$9,896
Debra Rayman (Director)	$0	$0	$0
Mike Shea (Director)	$0	$0	$0
Timothy Whitten (Chief Financial Officer)	$0	$75,245	$9,101

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990

Filed on July 3, 2019

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Fiscal Year Ending Sept.
2017

Revenue

$159,715

Expenses

$171,553

Net Income

-$11,838

Net Assets

-$64,249

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$122,398	76.6%
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$37,317	23.4%
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$81,594
Total Liabilities	$145,843
Net Assets	-$64,249

Compensation

Key Employees and Officers	Compensation	Related	Other
Becky Cowan (Director)	$0	$0	$0
Sally Galla (Chair Elect)	$0	$0	$0
Jo Graves (Treasurer)	$0	$0	$0
Norris Hamilton (Director)	$0	$0	$0
Robert Hatfield (Director)	$0	$0	$0
Judy Hess (Director)	$0	$0	$0
Wendy Jacob (Director)	$0	$0	$0
Jenny Jacob (Director)	$0	$0	$0
Ben Johnson (Director)	$0	$0	$0
Carolle Jones Clay (Director)	$0	$0	$0
Logan Leet (Director)	$0	$0	$0
Chadwick Mctighe (Chair)	$0	$0	$0
Chris Murphy (Director)	$0	$0	$0
David Nett (Director)	$0	$0	$0
Trish Osborn (Director)	$0	$0	$0
Jeff Powell (Secretary)	$0	$0	$0
Wes Rutledge (Director)	$0	$0	$0
Lisa Stevenson (Director)	$0	$0	$0
Glenda Thome (Director)	$0	$0	$0
Scott Watkins (Director)	$0	$0	$0
Chris Whelan (Director)	$0	$0	$0
Marita Willis (Director)	$0	$0	$0
Suzanne Wright (Director)	$0	$0	$0
Mike Ziemianski (Director)	$0	$0	$0
Michael Berry (President & Ceo)	$0	$235,350	$15,894
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990

Filed on March 29, 2018

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Fiscal Year Ending Sept.
2016

Revenue

$138,436

Expenses

$133,043

Net Income

$5,393

Net Assets

-$64,693

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$105,776	76.4%
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$27,960	20.2%
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$4,700	3.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$59,850
Total Liabilities	$124,543
Net Assets	-$64,693

Compensation

Key Employees and Officers	Compensation	Related	Other
Leslie Broecker (Chair)	$0	$0	$0
Chadwick Mctighe (Chair Elect)	$0	$0	$0
Jo Graves (Secretary)	$0	$0	$0
Jeff Powell (Treasurer)	$0	$0	$0
Michael Berry (Director)	$0	$225,184	$34,018
Becky Cowan (Director)	$0	$0	$0
Ben Johnson (Director)	$0	$0	$0
Carolle Jones Clay (Director)	$0	$0	$0
Chris Whelan (Director)	$0	$0	$0
David Nett (Director)	$0	$0	$0
Kathy Bingham (Director)	$0	$0	$0
Lisa Stevenson (Director)	$0	$0	$0
Marita Willis (Director)	$0	$0	$0
Mike Ziemianski (Director)	$0	$0	$0
Pamela Leet (Director)	$0	$0	$0
Robert Hatfield (Director)	$0	$0	$0
Sally Galla (Director)	$0	$0	$0
Scott Watkins (Director)	$0	$0	$0
Trish Osborn (Director)	$0	$0	$0
Wendy Jacob (Director)	$0	$0	$0
Wes Rutledge (Director)	$0	$0	$0
Jenny Jacob (Director)	$0	$0	$0
Tandra Miller (Director)	$0	$0	$0
Penny Mctighe (Director)	$0	$0	$0
Tim Whitten (Director Of Finance)	$0	$76,688	$11,403
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990

Filed on March 10, 2017

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Fiscal Year Ending Sept.
2015

Revenue

$136,852

Expenses

$126,743

Net Income

$10,109

Net Assets

-$72,838

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$119,700	87.5%
Program Services	$0
Investment Income	$764	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$12,094	8.8%
Sales of Assets	$94	0.1%
Net Inventory Sales	$0
Other Revenue	$4,200	3.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$64,931
Total Liabilities	$137,769
Net Assets	-$72,838

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Berry (President & Ceo Till Mid Sept 2015)	$0	$220,475	$35,359
Leslie Broecker (Chair)	$0	$0	$0
Chadwick Mctighe (Chair Elect)	$0	$0	$0
Jenny Jacob (Secretary)	$0	$0	$0
Sally Galla (Treasurer)	$0	$0	$0
Becky Cowan (Director)	$0	$0	$0
Jo Graves (Director)	$0	$0	$0
Robert Hatfield (Director)	$0	$0	$0
James Hillebrand (Director)	$0	$0	$0
Wendy Jacob (Director)	$0	$0	$0
Ben Johnson (Director)	$0	$0	$0
Carolle Jones Clay (Director)	$0	$0	$0
Pamela Leet (Director)	$0	$0	$0
Linda Miller (Director)	$0	$0	$0
David Nett (Director)	$0	$0	$0
Trish Osborn (Director)	$0	$0	$0
Jeff Powell (Director)	$0	$0	$0
Wes Rutledge (Director)	$0	$0	$0
Lisa Stevenson (Director)	$0	$0	$0
Scott Watkins (Director)	$0	$0	$0
Jean Weyland (Director)	$0	$0	$0
Chris Whelan (Director)	$0	$0	$0
Marita Willis (Director)	$0	$0	$0
Tandra Miller (Director)	$0	$0	$0
Penny Mctighe (Director)	$0	$0	$0
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990

Filed on March 28, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2014

Revenue

$133,136

Expenses

$116,646

Net Income

$16,490

Net Assets

-$89,977

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$156,850	> 100%
Program Services	$0
Investment Income	$729	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$28,201
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$3,758	2.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$57,712
Total Liabilities	$147,689
Net Assets	-$89,977

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael E Berry (President & Ceo)	$0	$232,000	$5,392
Leslie Broecker (Chair)	$0	$0	$0
Jenny Jacob (Secretary)	$0	$0	$0
Chadwick A Mctighe (Chair Elect)	$0	$0	$0
Sally Hillerich Galla (Treasurer)	$0	$0	$0
Becky Cowan (Director)	$0	$0	$0
William Campbell (Director)	$0	$0	$0
Jo Graves (Director)	$0	$0	$0
James Hillebrand (Director)	$0	$0	$0
Wendy Jacob (Director)	$0	$0	$0
Ben Johnson (Director)	$0	$0	$0
Carolle Jones Clay (Director)	$0	$0	$0
Tom Perone (Director)	$0	$0	$0
Scott Watkins (Director)	$0	$0	$0
Robert Hatfield (Director)	$0	$0	$0
David Nett (Director)	$0	$0	$0
Trish Osborn (Director)	$0	$0	$0
Jeff Powell (Director)	$0	$0	$0
Wes Rutledge (Director)	$0	$0	$0
Todd Schumacher (Director)	$0	$0	$0
Suanne Sanders (Director)	$0	$0	$0
Chris Whelan (Director)	$0	$0	$0
Louellen Williams (Director)	$0	$0	$0
Jean Weyland (Director)	$0	$0	$0
Hamilton Norris (Director)	$0	$0	$0
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990

Filed on Aug. 3, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2013

Revenue

$119,973

Expenses

$105,747

Net Income

$14,226

Net Assets

-$119,801

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$150,102	> 100%
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$36,201
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$6,072	5.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$28,008
Total Liabilities	$147,809
Net Assets	-$119,801

990

Filed on April 8, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2012

Revenue

$101,674

Expenses

$105,091

Net Income

-$3,417

Net Assets

-$136,407

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$105,925	> 100%
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$4,251
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$30,814
Total Liabilities	$167,221
Net Assets	-$136,407

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Revenue

$104,820

Expenses

$98,722

Net Income

$6,098

Net Assets

-$135,359

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$117,088	> 100%
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$12,268
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$16,922
Total Liabilities	$152,281
Net Assets	-$135,359

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated September 25, 2025

Kentucky Derby Festival Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $172k (2024)

Expenses $114k (2024)

Total Assets $250k (2024)

Total Liabilities $40k (2024)

Tax Filings by Year

Fiscal Year Ending Sept. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Revenue

$172k (2024)

Expenses

$114k (2024)

Total Assets

$250k (2024)

Total Liabilities

$40k (2024)

Fiscal Year Ending Sept.
2024

Fiscal Year Ending Sept.
2023

Fiscal Year Ending Sept.
2022

Fiscal Year Ending Sept.
2021

Fiscal Year Ending Sept.
2020

Fiscal Year Ending Sept.
2019

Fiscal Year Ending Sept.
2018

Fiscal Year Ending Sept.
2017

Fiscal Year Ending Sept.
2016

Fiscal Year Ending Sept.
2015

Fiscal Year Ending Sept.
2014

Fiscal Year Ending Sept.
2013

Fiscal Year Ending Sept.
2012

Fiscal Year Ending Sept.
2011

Fiscal Year Ending Sept.
2010

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Sept.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005

Fiscal Year Ending Sept.
2003

Fiscal Year Ending Sept.
2002

Fiscal Year Ending Sept.
2001