Diamond Derby Inc

Organization Overview

Diamond Derby Inc is located in Louisville, KY. The organization was established in 1989. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Diamond Derby Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2022, Diamond Derby Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $837.2k during the year ending 08/2022. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CELEBRITY FUND RAISER TO BENEFIT BARNSTABLE BROWN DIABETIES CENTER AT UNIVERSITY OF KENTUCKY IN LEXINGTON KENTUCKY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATIONS DERBY PARTY BENEFITS THE BARNSTABLE BROWN DIABETES CENTER AT THE UNIVERSITY OF KENTUCKY. DUE TO THE CORONA VIRUS THE PARTY WAS CANCELLED FOR 2020. SOME OF THE TICKET BUYERS ROLLED OVER THEIR TICKET PURCHASE COST FOR THE 2021 PARTY.HOWEVER MOST RECEIVED A REFUND.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,646,987
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,646,987
Total Program Service Revenue$0
Investment income $549
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,647,536

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Diamond Derby Inc has recieved totaling $50,200.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$31,000
Communities Foundation Of Texas

Dallas, TX

PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.

$19,200
View Grant Recipient Profile

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