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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Kentucky Derby Museum Corporation

Kentucky Derby Museum Corporation

Fiscal year ending 2016. Filed on July 18, 2017.

PO Box 21177
Louisville, Kentucky 40221

Kentucky Derby Museum Corporation (EIN: 31-1023459) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Kentucky Derby Museum Corporation, a 501(c)(3) charitable organization, reported compensation for 3 out of 112 total employees. Among the employees shown here, the average compensation is $120,113. The highest compensated employee at Kentucky Derby Museum Corporation is Sherry Crose with fiscal year 2016 compensation of $153,279.

Revenue, expenses, and employee compensation

Revenue

$6,218,270

Expenses

$5,795,006

Employee compensation

$2,322,983
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sherry Crose
Chief Operating Officer
$153,279
$93,841 No related comp$59,438
Yolanda Ashton
Executive Director
$144,053
$113,399 No related comp$30,654
Patrick Armstrong
Chief Executive Officer
$63,007
$54,925 No related comp$8,082

Benchmark Employee Compensation

Non-Employee Board Members

Allen Schubert
Director
Bill Malone
Director
Chris Whelan
Director
Clinton Glasscock
Director
Diane McCallum
Director
Glenn Haygood
Director
Harold Workman
Director
Hunter Wilson
Director
Jack Stewart
Director
John Hanley
Director
Kevin Flanery
Director
Lee Thomas
Director

Contractors

Communications Electronic Des
General Maintenance of The Greatest Race
$228,785
Donna Lawrence Productions Inc.
Update of Greatest Race/Balance Due of C
$187,500

Mission Statement

TO ENGAGE,EDUCATE, AND EXCITE EVERYONE ABOUT THE EXTRAORDINARY EXPERIENCE THAT IS THE KENTUCKY DERBY!

Revisions to this organization profile

August 4, 2025:
2024 Kentucky Derby Museum Corporation 990 filed
August 14, 2024:
2023 Kentucky Derby Museum Corporation 990 filed
July 17, 2023:
2022 Kentucky Derby Museum Corporation 990 filed

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