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Filing year 2024

40 WEST ARTS INC

Lakewood, Colorado·EIN 45-2729060·NTEE A20 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$281k
Total assets
$90k
Total expenses
$355k
Reported officers
10
Mission

Vision: The re-emergence of Lakewoods historic West Colfax corridor as a vibrant creative corridor and a memorable destination. Mission: To enrich the community and enhance the creative cultural and economic vitality of the historic West Colfax corridor by creating community arts spaces and community arts events and by supporting creative enterprises experiences and activities in the district. Values: To be an inclusive organization with a commitment to creativity that inspires artistic experimentation for both the novice and professional and supports and expands the creative cultural entrepreneurial economic and physical vitality of our community.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations nationwide.

Pt Exec Director
Director (Operational)
10th to 25th percentile
$38k
$41k
Gallery Manager
Key Employee
25th percentile to median
$34k
$36k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at 40 WEST ARTS INC equaled 11% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
11%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 44%
from 2023

From $26k in 2023 to $38k in 2024.

$26k
2023
$38k
2024
In today's dollarsEst.
Up 41% in real terms$29k to $41k

Estimated with Denver-Aurora-Lakewood, CO metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Director (Operational) pay rose 44% from 2023 to 2024, while revenue fell 8%.

$26k in 2023 to $38k in 2024.
  • Key Employee pay rose 63% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about 40 WEST ARTS INC

What does the Director (Operational) of 40 WEST ARTS INC earn?

In 2024, the Director (Operational) of 40 WEST ARTS INC received $38,000 in total compensation. This pay is in the bottom quarter for Director (Operational) roles among Arts, Culture & Humanities organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Director (Operational) pay at 40 WEST ARTS INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations nationwide, the 2024 pay of the Director (Operational) at 40 WEST ARTS INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at 40 WEST ARTS INC equaled 11% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are 40 WEST ARTS INC's revenue and expenses?

In 2024, 40 WEST ARTS INC reported $281k in total revenue and $355k in total expenses on its IRS Form 990.

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