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Filing year 2024

CORNELIUS ARTS COMMUNITY CENTER INC

Cornelius, North Carolina·EIN 81-4628087·NTEE A20 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$212k
Total assets
$25.6M
Total expenses
$460k
Reported officers
18
Mission

CAIN CENTER FOR THE ARTS' MISSION IS TO PROVIDE EXCEPTIONAL VISUAL ARTS, PERFORMING ARTS, AND SOCIAL EXPERIENCES TO THE LAKE NORMAN REGION.

Reported officers (all unpaid)

No paid executives reported in 2024. CORNELIUS ARTS COMMUNITY CENTER INC reported 18 unpaid officers and board members on its 990.

President
Vice President
Treasurer
Secretary
Board of Directors
Board of Directors
Board of Directors
Board of Directors
Board of Directors
Board of Directors
Board of Directors
Board of Directors
Board of Directors
Board of Directors
Board of Directors
Board of Directors
Board of Directors
Executive Director
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CORNELIUS ARTS COMMUNITY CENTER INC equaled 7% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
7%
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 66%
from 2022

From $120k in 2022 to $198k in 2023.

$120k
2022
$198k
2023
In today's dollarsEst.
Up 59% in real terms$136k to $216k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 66% from 2022 to 2023, while revenue rose 13%.

$120k in 2022 to $198k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

CORNELIUS ARTS COMMUNITY CENTER INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$3M
$2.2M
2022
$3.4M
$3M
2023
$212k
$460k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Arts, Culture & Humanities executives earn in North Carolina

CORNELIUS ARTS COMMUNITY CENTER INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable arts, culture & humanities organization in North Carolina earns a median of $47,848.

25th percentile
$24k
Median
$47,848
75th percentile
$88k
90th percentile
$137k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 407 organizations across 407 filings (2022 – 2024).

See full Arts, Culture & Humanities pay data for North Carolina

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FAQ

Common questions about CORNELIUS ARTS COMMUNITY CENTER INC

What are CORNELIUS ARTS COMMUNITY CENTER INC's revenue and expenses?

In 2024, CORNELIUS ARTS COMMUNITY CENTER INC reported $212k in total revenue and $460k in total expenses on its IRS Form 990.

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