2024-08-14T09:00:18-05:00 2023-09-30 621199757 LBMC PC 325 WEST MAIN STREET STE 1600 LOUISVILLE KY 40202 990 2022-10-01 311023459 KENTUCKY DERBY MUSEUM CORPORATION KENT 5026371111 PO BOX 21177 LOUISVILLE KY 402210177 PATRICK ARMSTRONG PRESIDENT AND CEO 5026371111 2024-08-13 1 0 JOHN KENNEDY P00174536 5025851600 2022 2024-08-08 14:25:15Z PATRICK ARMSTRONG PO BOX 21177 LOUISVILLE KY 402210177 13501613 0 X WWW.DERBYMUSEUM.ORG X 1981 KY TO ENGAGE,EDUCATE, AND EXCITE EVERYONE ABOUT THE EXTRAORDINARY EXPERIENCE THAT IS THE KENTUCKY DERBY! 23 23 135 23 1688994 0 406994 1848690 3806476 4060429 625843 670101 2593200 3061518 7432513 9640738 0 0 0 0 3031182 3342786 0 0 218807 3904709 4408197 6935891 7750983 496622 1889755 32107797 35180528 945277 662099 31162520 34518429 TO ENGAGE,EDUCATE, AND EXCITE EVERYONE ABOUT THE EXTRAORDINARY EXPERIENCE THAT IS THE KENTUCKY DERBY! 0 0 6072586 4794517 THE MUSEUM'S EXHIBITS DOCUMENT THE HISTORY AND TRADITION OF THE KENTUCKY DERBY, CHURCHILL DOWNS AND THOROUGHBRED RACING. IN ADDITION, THE MUSEUM OFFERS A FREE KIDS PROGRAM TO ALL PUBLIC AND PAROCHIAL SCHOOLS IN INDIANA AND KENTUCKY. THE MUSEUM ALSO HAS AN OUTREACH PROGRAM THAT TRAVELS TO COMMUNITIES WITHIN KENTUCKY TO EDUCATE KENTUCKY YOUTH ABOUT THE ECONOMICS, HISTORY AND SIGNIFICANCE OF THE KENTUCKY DERBY. 6072586 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 49 0 1 135 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 KY X PATRICK ARMSTRONG 5026371111 PO BOX 21177 LOUISVILLE KY 402210177 GLENN HAYGOOD CHAIR 5.00 X X 0 0 0 DAVID NETT VICE CHAIR 5.00 X X 0 0 0 TODD SPENCER TREASURER 5.00 X X 0 0 0 BRIANA N LATHON JD SECRETARY 5.00 X X 0 0 0 MIKE ANDERSON DIRECTOR 5.00 X 0 0 0 LISA BENSON DIRECTOR 5.00 X 0 0 0 JILL BAFFERT DIRECTOR 5.00 X 0 0 0 TAWANA BAIN DIRECTOR 5.00 X 0 0 0 CLEO BATTLE DIRECTOR 5.00 X 0 0 0 BILL BEAM JR DIRECTOR 5.00 X 0 0 0 ANITA EBERT DIRECTOR 5.00 X 0 0 0 STEVE ESTEPP DIRECTOR 5.00 X 0 0 0 CLINTON GLASSCOCK DIRECTOR 5.00 X 0 0 0 BRANDY HARMON DIRECTOR 5.00 X 0 0 0 LOREN HEBEL-OSBORNE DIRECTOR 5.00 X 0 0 0 JA HILLEBRAND DIRECTOR 5.00 X 0 0 0 MICHAEL JUDAH DIRECTOR 5.00 X 0 0 0 RHONDA JO CONNER DIRECTOR 5.00 X 0 0 0 MASON RUMMEL DIRECTOR 5.00 X 0 0 0 EDEN BRIDGEMAN SKLENAR DIRECTOR 5.00 X 0 0 0 HAROLD WORKMAN DIRECTOR 5.00 X 0 0 0 CRAIG DILGER DIRECTOR 5.00 X 0 0 0 FRANK THOMPSON DIRECTOR 5.00 X 0 0 0 PATRICK ARMSTRONG PRESIDENT & CEO 40.00 X 217813 0 15361 217813 0 15361 1 0 1 0 SOLID LIGHT 800 SOUTH FIFTH STREET LOUISVILLE KY 40203 LIGHTS FOR EXHIBITS 324552 DOE ANDERSON 680 S 4TH STREET LOUISVILLE KY 40202 ADVERTISING 312674 BADGETT CONSTRUCTORS LLC 217 E BURNETT AVE LOUISVILLE KY 40208 GENERAL CONSTRUCTION 124588 3 1363000 485690 1848690 ADMISSIONS 713990 3540500 3540500 CATERING INCOME 722320 495242 495242 MEMBERSHIP INCOME 713990 24687 24687 4060429 595651 595651 562610 531243 31367 31367 31367 989753 2500 917803 0 71950 2500 74450 74450 755589 182727 572862 572862 65574 0 65574 65574 4585400 2229102 2356298 667304 1688994 OTHER INCOME 900099 35417 35417 35417 9640738 4794517 1688994 1308537 233174 165624 59892 7658 2523297 1792299 648122 82876 67663 48061 17380 2222 288914 205216 74209 9489 229738 163183 59009 7546 43073 43073 30804 30804 76303 76303 135813 96384 7861 31568 507705 476265 29688 1752 470082 433603 31351 5128 489326 397255 81617 10454 496730 496730 1465935 1251925 162600 51410 37032 25511 11203 318 366666 366666 110839 110839 OTHER 96713 72688 15639 8386 EXHIBITION EXPENSES 55476 55476 PROGRAMMING EXPENSE 25700 25700 7750983 6072586 1459590 218807 6400 7776 5690882 2695955 131971 133958 450493 1204433 39454 45669 34925773 24189233 10416643 10736540 15022182 20134005 349272 221692 500 500 32107797 35180528 752605 493696 192672 168403 945277 662099 X 31162520 34518429 31162520 34518429 32107797 35180528 1889755 1466154 0 X X 0 1 X 1 0 X 414545 330917 5008446 406994 485690 6646592 4299517 1650621 3134097 4781982 4623039 18489256 785718 29132 590460 778562 891997 3075869 5499780 2010670 8733003 5967538 6000726 28211717 0 0 0 28211717 429382 350965 339011 430703 595651 2145712 429382 350965 339011 430703 595651 2145712 5929162 2361635 9072014 6398241 6596377 30357429 0.92930 0.94340 0.07070 0.05660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13826120 X X X 0 51427 51427 18435657 10571099 7864558 416548 248410 168138 1417062 1074046 343016 14605079 12295678 2309401 10736540 X 11744559 1466154 1466154 10278405 76303 -713970 -637667 9640738 8388650 713970 713970 7674680 76303 76303 7750983 PART III, LINE 4: THE MUSEUM'S COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGUED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO A POLICY THAT REQUIRES PROCEEDS FROM THEIR SALES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. PART X, LINE 2: THE MUSEUM IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE MUSEUM IS SUBJECT TO INCOME TAXES ON PROFITS GENERATED BY THE SALE OF ITEMS DEEMED UNRELATED TO THE MUSEUM'S EXEMPT OPERATING PURPOSE. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES -182,727. RENTAL EXPENSES -531,243. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 182,727. RENTAL EXPENSES 531,243. DERBY PARTY 231750 231750 83029 OAKS PARTY 231750 231750 2 292089 292089 99698 755589 755589 182727 182727 572862 65574 1 1.00000 65574 65574 KY 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PATRICK ARMSTRONG PRESIDENT & CEO 197813 0 20000 0 0 0 7855 0 7506 0 233174 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B REVIEWED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST PART XII, LINE 2C THE PROCESS HAS NOT CHANGED IN PRIOR YEARS.