Overview
What is Kentucky Derby Museum Corporation?
The Kentucky Derby Museum Corporation, based in Louisville, Kentucky, serves as a dedicated institution that preserves and showcases the history and traditions of the renowned Kentucky Derby, Churchill Downs, and thoroughbred racing. They offer a complimentary educational program for schools in Indiana and Kentucky, aiming to spread knowledge about the event's economics, history, and significance. Additionally, the corporation has an outreach program that brings these insights to various Kentucky communities. Their mission is to engage, educate, and excite individuals about the extraordinary experience that the Kentucky Derby represents, with a total workforce of 117 dedicated employees. (120 words)
Official website here: www.derbymuseum.org
Is Kentucky Derby Museum Corporation legitimate?
Kentucky Derby Museum Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky Derby Museum Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $238,690
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,238,619
For more financial information, click here
Official website here: www.derbymuseum.org
What is the mission statement of Kentucky Derby Museum Corporation?
The Kentucky Derby Museum Corporation's mission is centered around engaging, educating, and exciting individuals about the extraordinary experience that is the Kentucky Derby. Through its exhibits, the museum delves into the history and traditions of the event, Churchill Downs, and thoroughbred racing. The organization also extends its reach to public and parochial schools in Indiana and Kentucky, offering a free kids program. Furthermore, the museum has an outreach program that travels to communities within Kentucky, aiming to educate Kentucky youth about the economics, history, and significance of the Kentucky Derby.
Official website here: www.derbymuseum.org
Who is the CEO of Kentucky Derby Museum Corporation?
Patrick Armstrong is the Chair of Kentucky Derby Museum Corporation. The CEO's salary of Kentucky Derby Museum Corporation is $223,393 and their total compensation is $238,690.
Official website here: www.derbymuseum.org
What is the revenue of Kentucky Derby Museum Corporation?
Kentucky Derby Museum Corporation's revenue in 2022 was $7,432,513.
Official website here: www.derbymuseum.org
Who are the executives of Kentucky Derby Museum Corporation and what are their salaries?
The average compensation at Kentucky Derby Museum Corporation during 2022 was $21,174. There are 117 employees and 22 volunteers at Kentucky Derby Museum Corporation.
Here are 23 key members and their salaries (Kentucky Derby Museum Corporation's CEO's salary is $223,393 and their total compensation is $238,690):
- Patrick Armstrong (President & Ceo)
- Glenn Haygood (Chair) [Trustee/Director]
- David Nett (Vice Chair) [Trustee/Director]
- Todd Spencer (Treasurer) [Trustee/Director]
- Briana N Lathon Jd (Secretary) [Trustee/Director]
- Mike Anderson (Director)
- Lisa Benson (Director)
- Jill Baffert (Director)
- Tawana Bain (Director)
- Cleo Battle (Director)
- Bill Beam Jr (Director)
- Anita Ebert (Director)
- Steve Estepp (Director)
- Clinton Glasscock (Director)
- Brandy Harmon (Director)
- Loren Hebel-Osborne (Director)
- Ja Hillebrand (Director)
- Michael Judah (Director)
- Rhonda Jo Conner (Director)
- Mason Rummel (Director)
- Eden Bridgeman Sklenar (Director)
- Harold Workman (Director)
- Craig Dilger (Director)
Official website here: www.derbymuseum.org
Where can I find the form 990 for Kentucky Derby Museum Corporation?
The Kentucky Derby Museum Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.derbymuseum.org
Learn more at the official website: www.derbymuseum.org
Mission Statement of Kentucky Derby Museum Corporation
The Kentucky Derby Museum Corporation is dedicated to engaging, educating, and exciting everyone about the extraordinary experience that is the Kentucky Derby. This mission is carried out through various exhibits that delve into the history and traditions of the Kentucky Derby, Churchill Downs, and thoroughbred racing. The organization goes beyond just showcasing these aspects, it also offers a free educational program for public and parochial schools in Indiana and Kentucky. Additionally, the Kentucky Derby Museum Corporation has an outreach program that travels to communities within Kentucky, aiming to educate Kentucky youth about the economics, history, and significance of the renowned Kentucky Derby.
Impact
This information is meant to be a general summary of Kentucky Derby Museum Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Kentucky Derby Museum Corporation's impact lies in engaging, educating, and exciting individuals about the extraordinary experience that is the Kentucky Derby. Through its exhibits that showcase the history and tradition of the Kentucky Derby, Churchill Downs, and Thoroughbred racing, the museum plays a vital role in preserving and promoting this iconic event.
Additionally, the museum's free kids program offered to schools in Indiana and Kentucky, as well as its outreach program that educates youth in various Kentucky communities, demonstrates a commitment to spreading awareness about the economics, history, and significance of the Kentucky Derby.
Overall, the Kentucky Derby Museum Corporation's activities contribute to fostering a deeper appreciation for the cultural heritage and excitement surrounding the Kentucky Derby, ultimately enriching the lives of those who engage with its programs and exhibits.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$3,272,603
CATERING INCOME
Revenue
$476,785
MEMBERSHIP INCOME
Revenue
$57,088
Organization Details
Founding Year
1981
Phone
(502) 637-1111
Principal Officer
Patrick Armstrong
Main Address
PO BOX 21177, LOUISVILLE, KY, 402210177
Website
www.derbymuseum.org
NTEE Category
Code: A50 - Arts
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