Skip to main content
Filing year 2023

KENTUCKY DERBY FESTIVAL INC

Louisville, Kentucky·EIN 61-0713833·501(c)(4)
Total revenue
$8.3M
Total assets
$6.3M
Total expenses
$8.1M
Reported officers
75
Mission

PROVIDE CREATIVE AND UNIQUE ENTERTAINMENT AND COMMUNITY SERVICE FOR THE PEOPLE OF THE GREATER LOUISVILLE AREA THAT DIRECTLY CONTRIBUTES TO THE AESTHETIC, CULTURAL, EDUCATIONAL, CHARITABLE AND ECONOMIC DEVELOPMENT OF THE AREA. WE WILL ORGANIZE, PROMOTE AND CONDUCT EVENTS USING THE COLLECTIVE EFFORTS AND RESOURCES OF VOLUNTEERS, SMALL AND LARGE BUSINESSES, NON-PROFIT ORGANIZATIONS AND GOVERNMENTAL ENTITIES TO ENHANCE THE POSITIVE INTERNATIONAL RECOGNITION, ECONOMIC AND CULTURAL DEVELOPMENT, AND COMMUNITY IMAGE OF THE GREATER LOUISVILLE AREA.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President & CEO
75th to 90th percentile
$221k
$242k
Base
$186k
Bonus
$25k
Other
Benefits
$11k
Marketing Manager
Highest Compensated Employee
Median to 75th percentile
$180k
$196k
Base
$169k
Bonus
Other
Benefits
$11k
Sponsorship Mgr.
Highest Compensated Employee
10th to 25th percentile
$129k
$140k
Sponsorship Mgr.
Highest Compensated Employee
10th to 25th percentile
$112k
$122k
Chief Financial Officer
Median to 75th percentile
$102k
$112k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 70 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Held steady
from 2022

From $221k in 2022 to $221k in 2023.

$221k
2022
$221k
2023
In today's dollarsEst.
Down 4% in real terms$252k to $242k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay held roughly steady from 2022 to 2023, while revenue rose 14%.

$221k in 2022 to $221k in 2023.
  • Highest Compensated Employee pay rose 1% from 2022 to 2023.
  • Chief Financial Officer pay rose 2% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

KENTUCKY DERBY FESTIVAL INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.2M
$7.6M
2022
$8.3M
$8.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about KENTUCKY DERBY FESTIVAL INC

What does the Chief Executive Officer of KENTUCKY DERBY FESTIVAL INC earn?

In 2023, the Chief Executive Officer of KENTUCKY DERBY FESTIVAL INC received $221,323 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at KENTUCKY DERBY FESTIVAL INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at KENTUCKY DERBY FESTIVAL INC falls between the 75th and 90th percentiles.

What are KENTUCKY DERBY FESTIVAL INC's revenue and expenses?

In 2023, KENTUCKY DERBY FESTIVAL INC reported $8.3M in total revenue and $8.1M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.