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Organizations Kentucky Derby Festival Inc.

Kentucky Derby Festival Inc.

Fiscal year ending 2024. Filed on August 15, 2025.

1001 South Third Street
Louisville, Kentucky 40203

Kentucky Derby Festival Inc. (EIN: 61-0713833) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Kentucky Derby Festival Inc., a 501(c)(4) civic league or social welfare organization, reported compensation for 5 out of 26 total employees. Among the employees shown here, the average compensation is $148,725. The highest compensated employee at Kentucky Derby Festival Inc. is Matthew Gibson with fiscal year 2024 compensation of $221,323.

Revenue, expenses, and employee compensation

Revenue

$8,253,123

Expenses

$8,116,119

Employee compensation

$1,937,093
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Gibson
President and Chief Executive Officer
$221,323
$210,743 No related comp$10,580
April Zik
Marketing Manager
$179,675
$169,095 No related comp$10,580
Joannie Lepping Gillis
Sponsorship MGR
$128,628
$118,048 No related comp$10,580
Jessica Pollio
Sponsorship MGR
$111,613
$101,033 No related comp$10,580
Timothy Whitten
Chief Financial Officer
$102,388
$91,808 No related comp$10,580

Benchmark Employee Compensation

Non-Employee Board Members

Alfonso Cornish
Chair-Elect
Allison Gousha
Board Member
Andy Murphy
Board Member
Ann Maldini
Board Member (Thru 4/24)
Barbara Porter
Board Member
Bill Fisher
Treasurer
Brian Walters
Board Member (Thru 6/24)
Briana Lathon Bluford
Board Member
Carol Nord
Board Member
Carolle Clay
Board Member
Casey Ramage
Board Member
Cassidy Hyde
Board Member

Contractors

Vimarc
Advertising
$573,948
Zambelli International
Fireworks
$297,000
The Galt House
Hotel/Catering
$196,361
Visual Presentations
Show Production
$183,029
Ced
A/V
$153,859

Mission Statement

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.

Revisions to this organization profile

August 15, 2025:
2024 Kentucky Derby Festival Inc. 990 filed
August 15, 2024:
2023 Kentucky Derby Festival Inc. 990 filed
August 15, 2023:
2022 Kentucky Derby Festival Inc. 990 filed

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Kentucky Derby Festival Foundation
Louisville, Kentucky