THE MISSION OF THE 500 FESTIVAL IS TO PRODUCE LIFE-ENRICHING EVENTS AND PROGRAMS THAT CELEBRATE THE SPIRIT AND LEGACY OF THE INDIANAPOLIS 500 AND FOSTER A POSITIVE IMPACT ON THE CITY OF INDIANAPOLIS AND STATE OF INDIANA.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $338k
- Bonus
- $55k
- Other
- $29k
- Benefits
- $29k
- Base
- $151k
- Bonus
- $9k
- Other
- $10k
- Benefits
- $18k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO Above 90th percentile | $338k | $55k | $29k | $29k | $471k $520k |
SVP Administration Senior Vice President 25th percentile to median | $151k | $9k | $10k | $18k | $199k $220k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 32 unpaid individuals.
Up 2%
from 2022
From $460k in 2022 to $471k in 2023.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 2% from 2022 to 2023, while revenue rose 5%.
- Senior Vice President pay rose 9% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
500 FESTIVAL INC reported revenue and expenses across 2 filing years.
Common questions about 500 FESTIVAL INC
What does the Chief Executive Officer of 500 FESTIVAL INC earn?
In 2023, the Chief Executive Officer of 500 FESTIVAL INC received $470,838 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at 500 FESTIVAL INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at 500 FESTIVAL INC falls in the top 10%.
What are 500 FESTIVAL INC's revenue and expenses?
In 2023, 500 FESTIVAL INC reported $5.9M in total revenue and $6M in total expenses on its IRS Form 990.
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