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.
Financials for Louisville Arena Authority
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $32,106,608 | $39,248,981 | -18.2% |
| Program services | $3,071,891 | $3,159,813 | -2.8% |
| Investment income and dividends | $0 | $0 | - |
| Tax-exempt bond proceeds | $2,687,317 | $813,101 | 230.5% |
| 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 | $500,000 | - |
| Total revenues | $38,365,816 | $43,721,895 | -12.3% |
Organizations like Louisville Arena Authority
| Organization | Type | Location | Revenue |
|---|
| Multipurpose Arena Fort Worth | 501(c)(3) | Fort Worth, TX | $79,842,181 |
| River Parks Authority | 501(c)(3) | Tulsa, OK | $26,390,744 |
| Discovery Green | 501(c)(3) | Houston, TX | $10,459,340 |
| Brooklyn Bridge Park | 501(c)(3) | Brooklyn, NY | $30,976,460 |
| City Parks Foundation (CPF) | 501(c)(3) | New York, NY | $23,379,401 |
| Lakeshore Park Conservancy | 501(c)(3) | Knoxville, TN | $13,454,519 |
| Randall's Island Park Alliance | 501(c)(3) | New York, NY | $11,974,025 |
| Town Branch Park | 501(c)(3) | Lexington, KY | $14,277,241 |
| Lexington Center Corporation | 501(c)(3) | Lexington, KY | $51,691,448 |
| Fund for Parks and Recreation in Boston | 501(c)(3) | Boston, MA | $10,649,321 |
Data update history
January 21, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 7, 2025
Used new vendors
Identified 1 new vendor, including
October 15, 2024
Updated personnel
Identified 9 new personnel
January 24, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 24, 2024
Updated personnel
Identified 3 new personnel
Nonprofit Types
Parks and recreation centersMuseumsCharities
Issues
Human servicesSports
Characteristics
State / local levelReceives government fundingManagement and technical assistanceTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- 1 Arena Plaza
- Louisville, KY 40202
- Metro area
- Louisville/Jefferson County, KY-IN
- County
- Jefferson County, KY
- Website URL
- kfcyumcenter.com/
- 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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