annual report 2007 - Kentucky Exposition Center

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ontents Letters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 About Us. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Board Members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Capital Projects . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6 Kentucky State Fair . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 National Farm Machinery Show . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 North American International Livestock Exposition . . . . . . . . . . . . . . . . . . . . 10 Media & Public Relations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Sales & Marketing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Financials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
letters Ernie Fletcher Governor Harold Workman President and CEO Thomas J. Schifano Chairman Dear Friends: Dear Friends: Congratulations to the Kentucky State Fair Board on yet another year of “unbridled success” as evidenced in this annual report. My appreciation goes to the board members and staff whose dedication of time and effort make their business a continued and unqualified success. With the opening of the new North Wing, the Kentucky Exposition Center continues to grow as the nation’s sixth largest tradeshow and convention facility. The Kentucky International Convention Center experienced its best financial year ever and maintains its role as the centerpiece of convention business in downtown Louisville. The state commitment to both of these facilities continues to pay dividends, as evidenced by the annual return of $453 million in economic impact for Louisville and the entire Commonwealth. The North Wing, along with the newly expanded South Wing C, is expected to increase the Kentucky State Fair Board’s total economic impact to $600 million annually in the years to come. Again, I commend the Kentucky State Fair Board and staff for another outstanding business year. Sincerely, The 2007 Annual Report from the Kentucky State Fair Board outlines a year of tremendous accomplishment and growth for both the Kentucky Exposition Center and the Kentucky International Convention Center. Adapting to an Ever-Changing World is an apt description of the past year’s events in the life of the two facilities. The new North Wing, opened in October, brings the expo center’s class “A” exhibit, meeting and public space to 885,000 square feet. Furthermore, with its most financially successful year in its 30-year history, the Kentucky International Convention Center is accommodating new and larger events in downtown Louisville. Additionally, 2007 saw significant gains in the three shows produced by the Kentucky State Fair Board. The Kentucky State Fair concert ticket sales increased to $1,798,260 – a 6 percent jump over 2006. This was highlighted by the largest grossing concert in the fair’s history. The National Farm Machinery Show experienced its third largest turnout in history. The North American International Livestock Exposition attracted 210,000 visitors and exhibitors from 48 states, five continents and 10 different countries to Louisville, and hosted a record-setting 22,000 entries. The Kentucky State Fair Board is a recognized success, and we continue to adapt to accommodate the needs and exceed the expectations of our clients and guests. We value leadership in the Executive Branch and the Kentucky General Assembly in the support of our mission. Sincerely, Ernie Fletcher, Governor Harold Workman, President and CEO Thomas J. Schifano, Chairman
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annual report 2007 - Kentucky Exposition Center

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