Kentucky Derby Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,796,364 | 5,931,903 | −135,539 | 6.2 | 23% |
| 2012 | 6,243,697 | 6,089,508 | 154,189 | 6.8 | 23% |
| 2013 | 6,369,394 | 6,213,828 | 155,566 | 7.1 | 24% |
| 2014 | 6,810,801 | 6,768,228 | 42,573 | 6.7 | 23% |
| 2015 | 7,006,089 | 6,923,967 | 82,122 | 6.4 | 24% |
| 2016 | 7,017,427 | 6,936,513 | 80,914 | 6.8 | 23% |
| 2017 | 6,714,571 | 6,977,957 | −263,386 | 6.6 | 23% |
| 2018 | 7,112,744 | 6,748,410 | 364,334 | 7.8 | 24% |
| 2019 | 6,984,283 | 6,823,575 | 160,708 | 7.8 | 22% |
| 2020 | 2,479,645 | 3,362,745 | −883,100 | 12.0 | 45% |
| 2021 | 3,844,478 | 3,505,199 | 339,279 | 13.8 | 40% |
| 2022 | 6,945,171 | 7,370,569 | −425,398 | 4.8 | 19% |
| 2023 | 7,244,621 | 7,626,360 | −381,739 | 4.6 | 19% |
In its most recent public year (2023), this organization spent $381,739 more than it brought in. Its reserves stood at about 4.6 months of spending, down from 6.2 in 2011. Staff pay was 19% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Kentucky Derby Festival Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works