KENTUCKY EXPOSITION FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

KENTUCKY EXPOSITION FOUNDATION INC

EIN 86-2876430 · Animal Husbandry (K26)

What they do

to HELP CREATE LEGACIES to ENRICH THE LIVES of ALL CITIZENS of THE COMMONWEALTH of KENTUCKY, CONTINUE PROVIDING RESOURCES for YOUTH DEVELOPMENT, and COMMUNICATE THE TRADITIONS and TECHNOLOGY of KENTUCKY AGRICULTURE.WE ALSO AIM to CONTINUE THE PRESERVATION and ENHANCEMENT of THE KENTUCKY EXPOSITION CENTER and OTHER PROPERTIES IN THE CUSTODY and CONTROL of THE BOARD IN PERPETUITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $93.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

138.65%of revenue went to mission work93.2% of expenses · Program services

$148.70spent for every $100 of revenueSpending was higher than revenue this year.

10.04%of revenue went to management and office costs6.8% of expenses

$5.16in assets for every $1 spent this yearSome assets cannot be spent right away.

63.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $155,741 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$319,828

Mission workProgram services$443,448138.65% of revenue93.2% of expenses

ManagementOffice and general costs$32,12110.04% of revenue6.8% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$475,569148.70% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 93.2% mission · 6.8% management · 0.0% fundraisingTotal expenses: 148.70% of revenue

2023Expense mix: 85.4% mission · 14.6% management · 0.0% fundraisingTotal expenses: 87.80% of revenue

2022Expense mix: 73.4% mission · 26.6% management · 0.0% fundraisingTotal expenses: 3.05% of revenue

Money in and money out

Revenue$319,828

Expenses$475,569

Annual shortfall $155,741 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$443,448 · 93.2% of expenses

Management and office costs$32,121 · 6.8% of expenses

See all reported dollar amounts

Revenue$319,828

Expenses$475,569

Assets$2,452,460

Income$596,532

Contributions$201,486

Mission work (program services)$443,448

Grants given$468,676

Average grant$156,225

Management and general$32,121

Stocks and bonds$2,249,261

Accounting fees$3,870

Investing fees$21,623

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

See everyone listed on the board or leadership roster (11)

CHARLIE BOYDBOARD MEMBER

DAVID BECKEX OFFICIO

DAVID WALLACEBOARD MEMBER

JOE GOGGINBOARD MEMBER

ORSON OLIVERBOARD MEMBER

ROBIN WEBBBOARD MEMBER

RYAN BIVENSBOARD MEMBER

SAMUAL CORBETTEXECUTIVE DIRECTOR

SCOTT SHOENBERGERCHAIR

TANDY PATRICKSECRETARY/TREASURER

WARREN BEELERBOARD MEMBER

About this charity

Recognized since: January 2021
Location: 291 N HUBBARDS LANE STE 171-PMB 116, LOUISVILLE, KY 40207
County: Jefferson
In care of: SAM CORBETT
Primary officer: SAM CORBETT, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website EmailConnectedinfo@kyexpofoundation.org Phone(502) 599-8650

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: DEAN DORTON ALLEN FORD PLLC
NTEE classification: Animal Husbandry (K26)
IRS tax category: Animal Husbandry
Grant-giving organization: Yes