Program areas at Louisville Arena Authority
The Louisville Arena Authority was created in 2005 under the direction of then Kentucky governor ernie fletcher and oversees the financial process of the kfc yum! Center. The Arena Authority guided the development, financing and construction process of the $238 million Arena. It also selected financing, construction, design and management partners, which includes aeg management Louisville, llc as the current managing and operating entity. Since its opening, the kfc yum! Center has hosted university of Louisville men's and women's basketball games, numerous concerts and family shows and private events. Interest in the facility remains high, and as a result, numerous new businesses have opened near the Arena. As anticipated, the Arena has led to additional economic development in downtown Louisville.
Personnel at Louisville Arena Authority
| Name | Title | Compensation | Date of data |
|---|
| William Summers | Vice - Chairman | $0 | 2021-03-31 |
| Leslie Geoghegan | Chair | $0 | 2023-11-14 |
| Louie Seger | Vice Chair | $0 | 2022-12-31 |
| Scott Cox | Chairman | $0 | 2019-03-07 |
Financials for Louisville Arena Authority
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $39,248,981 | $16,545,243 | 137.2% |
| Program services | $3,159,813 | $1,567,364 | 101.6% |
| Investment income and dividends | $0 | $0 | - |
| Tax-exempt bond proceeds | $813,101 | $21,101 | 3753.4% |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $500,000 | $401,370 | 24.6% |
| Total revenues | $43,721,895 | $18,535,078 | 135.9% |
Organizations like Louisville Arena Authority
| Organization | Type | Location | Revenue |
|---|
| Multipurpose Arena Fort Worth | 501(c)(3) | Fort Worth, TX | $62,812,893 |
| River Parks Authority | 501(c)(3) | Tulsa, OK | $26,390,744 |
| Memphis Riverfront Parks Partnership | 501(c)(3) | Memphis, TN | $18,602,504 |
| City Parks Foundation (CPF) | 501(c)(3) | New York, NY | $23,557,745 |
| Brooklyn Bridge Park | 501(c)(3) | Brooklyn, NY | $31,802,513 |
| Lakeshore Park Conservancy | 501(c)(3) | Knoxville, TN | $13,454,519 |
| Prospect Park Alliance | 501(c)(3) | Brooklyn, NY | $20,911,979 |
| Dorothea Dix Park Conservancy | 501(c)(3) | Raleigh, NC | $20,351,546 |
| Memorial Park Conservancy | 501(c)(3) | Houston, TX | $32,425,782 |
| Bryant Park Corporation | 501(c)(3) | New York, NY | $25,467,125 |
Data update history
January 24, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 24, 2024
Updated personnel
Identified 3 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Updated personnel
Identified 3 new personnel
May 23, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Parks and recreation centersMuseumsCharities
Issues
Human servicesSports
Characteristics
State / local levelReceives government fundingManagement and technical assistanceTax deductible donationsNo full-time employees
General information
- Address
- 1 Arena Plaza
- Louisville, KY 40202
- Metro area
- Louisville/Jefferson County, KY-IN
- County
- Jefferson County, KY
- Website URL
- kfcyumcenter.com/Â
- Phone
- (502) 690-9096
IRS details
- EIN
- 20-4230414
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2006
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- N31: Community Recreational Centers
- NAICS code, primary
- 7121: Museums, Historical Sites, and Similar Institutions
- Parent/child status
- Independent
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