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TIN:
SCHEDULE O
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
Attach to Form 990 or 990-EZ.OMB No. 1545-0047
2010
Open to Public
Inspection
Inspection
Name of the organization
KENTUCKY DERBY FESTIVAL INC
Employer identification number
61-0713833
61-0713833
| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | A DRAFT OF THE RETURN IS REVIEWED FIRST BY INTERNAL MANAGEMENT. AFTER INTERNAL MANAGEMENT HAS REVIEWED THE RETURN AND ANY CHANGES ARE MADE A DRAFT IS PROVIDED TO THE EXECUTIVE COMMITTEE FOR REVIEW AND APPROVAL. ONCE THE COMMENTS FROM THE EXECUTIVE BOARD ARE REVIEWED THE FINAL DRAFT OF THE RETURN IS PROVIDED TO THE ENTIRE BOARD AND SIGNED BY THE SIGNING OFFICER. | |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF THE BOARD OF DIRECTORS SHALL ANNUALLY SIGN A STATEMENT WHICH STATES THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAVE READ AND UNDERSTANDS THE POLICY, AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. PERIODIC REVIEWS WILL BE MADE TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION REVIEWS COMPARATIVE SALARY INFORMATION PROVIDED BY THE INTERNATIONAL FESTIVAL AND EVENTS ASSOCIATION. THE EXECUTIVE BOARD CONSIDERS THE EMPLOYEES EXPERIENCE AND YEARLY EVALUATIONS. SALARIES ARE APPROVED BY THE EXECUTIVE BOARD. | |
| FORM 990, PART VI, SECTION C, LINE 19 | AUDITED FINANCIALS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST AT THE FILING ORGANIZATION'S OFFICE. | |
| ALL OTHER FUNCTIONAL EXPENSES | FORM 990, PART X, LINE 24F | PEGASUS PARADE EVENT: PROGRAM SERVICE EXPENSES 154,881. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 154,881. BALLOON RACE EVENT: PROGRAM SERVICE EXPENSES 134,512. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 134,512. BASKETBALL CLASSIC EVENT: PROGRAM SERVICE EXPENSES 134,486. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 134,486. PUB PROMO : PROGRAM SERVICE EXPENSES 118,304. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 118,304. CORPORATE EVENT: PROGRAM SERVICE EXPENSES 96,540. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 96,540. THEY'RE OFF LUNCHEON: PROGRAM SERVICE EXPENSES 85,735. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 85,735. THUNDER VILLAGE I & II: PROGRAM SERVICE EXPENSES 72,146. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 72,146. WORKSHOP: PROGRAM SERVICE EXPENSES 49,779. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,779. HOLE IN ONE EVENT: PROGRAM SERVICE EXPENSES 46,312. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,312. CELEBRITY LUNCH EVENT: PROGRAM SERVICE EXPENSES 40,027. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,027. DERBY EXPENSES: PROGRAM SERVICE EXPENSES 35,180. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,180. STEAMBOAT RACE: PROGRAM SERVICE EXPENSES 34,949. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,949. WINE TASTING EVENT: PROGRAM SERVICE EXPENSES 29,771. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,771. RUNNING WILD EXPO: PROGRAM SERVICE EXPENSES 28,747. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,747. MULTI EVENTS: PROGRAM SERVICE EXPENSES 24,418. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,418. FLOAT PREVIEW EVENT: PROGRAM SERVICE EXPENSES 23,898. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,898. VEHICLES: PROGRAM SERVICE EXPENSES 20,386. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,386. FASHION SHOW EVENT: PROGRAM SERVICE EXPENSES 19,891. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,891. IFEA EVENT: PROGRAM SERVICE EXPENSES 18,767. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,767. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 2,496. MANAGEMENT AND GENERAL EXPENSES 16,048. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,544. BEDLAM EVENT: PROGRAM SERVICE EXPENSES 15,463. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,463. GOLD PINS: PROGRAM SERVICE EXPENSES 11,392. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,392. RUN FOR THE ROSE EVENT: PROGRAM SERVICE EXPENSES 10,440. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,440. VOLUNTEER PARTY: PROGRAM SERVICE EXPENSES 9,334. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,334. POSTER PREMIERE EVENT: PROGRAM SERVICE EXPENSES 8,442. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,442. TEXAS HOLDEM TOURNAMENT: PROGRAM SERVICE EXPENSES 7,935. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,935. SPELLING BEE EVENT: PROGRAM SERVICE EXPENSES 7,355. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,355. HEALTHY LIFESTYLE TRAINING PROGRAM: PROGRAM SERVICE EXPENSES 5,713. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,713. RADIO NETWORK: PROGRAM SERVICE EXPENSES 5,383. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,383. BALLOON GLOW EVENT: PROGRAM SERVICE EXPENSES 5,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,000. STUDENT ART CONTEST: PROGRAM SERVICE EXPENSES 4,840. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,840. COMMUNITY/MINORITY EVENT: PROGRAM SERVICE EXPENSES 4,803. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,803. DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,680. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,680. GO GREEN: PROGRAM SERVICE EXPENSES 3,300. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,300. REIMBURSED EXPENSES: PROGRAM SERVICE EXPENSES -63,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES -63,000. |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -185,938. |
| AUDITED FINANCIAL STATEMENTS | FORM 990, PAGE 12, PART XI LINE 2C | THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT OVERSEES THE SELECTION OF THE INDEPENDENT ACCOUNTANT AND OVERSEES THE AUDIT. THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. |
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2010
Additional Data
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