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Filing year 2024

DOWNTOWN ASHEBORO INC

Asheboro, North Carolina·EIN 84-3444377·NTEE A82 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$174k
Total assets
$285k
Total expenses
$492k
Reported officers
10
Mission

TO PROMOTE THE BUSINESSES WITHIN HISTORIC STRUCTURES, THEREFORE CREATING A STRONGER CORE FOR DOWNTOWN HISTORIC PRESERVATION ACTIVITIES.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Executive Director
Below 10th percentile
$9k
$10k

Teal figures restate each filed amount in 2026 dollars.

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.

Plus 9 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 DOWNTOWN ASHEBORO INC equaled 2% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
2%
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.

Pay for the position

Chief Executive Officer pay fell 87% from 2023 to 2024, while revenue fell 79%.

$74k in 2023 to $9k in 2024.

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

Among peers

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

FAQ

Common questions about DOWNTOWN ASHEBORO INC

What does the Chief Executive Officer of DOWNTOWN ASHEBORO INC earn?

In 2024, the Chief Executive Officer of DOWNTOWN ASHEBORO INC received $9,390 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Arts, Culture & Humanities organizations in North Carolina: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at DOWNTOWN ASHEBORO INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in North Carolina, the 2024 pay of the Chief Executive Officer at DOWNTOWN ASHEBORO INC falls in the bottom 10%. In 2024, the highest total compensation at DOWNTOWN ASHEBORO INC equaled 2% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are DOWNTOWN ASHEBORO INC's revenue and expenses?

In 2024, DOWNTOWN ASHEBORO INC reported $174k in total revenue and $492k in total expenses on its IRS Form 990.

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