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Filing year 2023

KENTUCKY DERBY FESTIVAL INC

Louisville, Kentucky·EIN 61-0713833·4
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 · Schedule J · 5 reported individuals · Filing year 2023

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
$221k
$242k
Marketing Manager
highest compensated employee
$180k
$196k
Sponsorship Mgr.
highest compensated employee
$129k
$140k
Sponsorship Mgr.
highest compensated employee
$112k
$122k
Chief Financial Officer
$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.

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.

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.
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