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Filing year 2024

DREAMS OF WILMINGTON INC

Wilmington, North Carolina·EIN 56-2001053·NTEE A99 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$953k
Total assets
$2.2M
Total expenses
$819k
Reported officers
12
Mission

THE MISSION OF DREAMS IS TO CREATE A CULTURE OF CONFIDENCE FOR YOUTH AND TEENS, THROUGH EQUITABLE ACCESS TO ARTS EDUCATION, SUPPORTED BY VALUES OF RESPECT, FAMILY AND COMMUNITY.

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 Di
Median to 75th percentile
$95k
$101k

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 11 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 DREAMS OF WILMINGTON INC equaled 12% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
12%
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 69%
from 2023

From $56k in 2023 to $95k in 2024.

$56k
2023
$95k
2024
In today's dollarsEst.
Up 64% in real terms$61k to $101k

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.

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 DREAMS OF WILMINGTON INC

What does the Chief Executive Officer of DREAMS OF WILMINGTON INC earn?

In 2024, the Chief Executive Officer of DREAMS OF WILMINGTON INC received $95,000 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Arts, Culture & Humanities organizations in North Carolina, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at DREAMS OF WILMINGTON 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 DREAMS OF WILMINGTON INC falls between the median and the 75th percentile. In 2024, the highest total compensation at DREAMS OF WILMINGTON INC equaled 12% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are DREAMS OF WILMINGTON INC's revenue and expenses?

In 2024, DREAMS OF WILMINGTON INC reported $953k in total revenue and $819k in total expenses on its IRS Form 990.

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