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Filing year 2024

FOLUKE CULTURAL ARTS CENTER INC

Cleveland, Ohio·EIN 30-0158702·NTEE A25 · Arts, Culture & Humanities·3
Total revenue
$217k
Total assets
$2k
Total expenses
$216k
Reported officers
9
Mission

Our mission is to offer exposure to and instruction in the performing arts, visual arts, and arts education for all ages regardless of religious affiliation or economic background. We provide after school and summer arts activities for childre, youth, and teens in addition to arts activities for seniors and disabled adults in underserved areas.

Executive compensation

Form 990 · 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 in Ohio.

Executive Director
10th to 25th percentile
$30k
$32k
Administrative Assistant
Key Employee
10th to 25th percentilevs Arts, Culture & Humanities peers nationwide
$29k
$31k

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 7 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 FOLUKE CULTURAL ARTS CENTER INC equaled 14% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
14%
Sector median
11%
Middle half of sector
5% to 20%

Based on 16,529 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 27%
from 2023

From $41k in 2023 to $30k in 2024.

$41k
2023
$30k
2024
In today's dollarsEst.
Down 29% in real terms$46k to $32k

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.

Pay for the position

Chief Executive Officer pay fell 27% from 2023 to 2024, while revenue fell 42%.

$41k in 2023 to $30k in 2024.
  • Key Employee pay rose 188% 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 FOLUKE CULTURAL ARTS CENTER INC

What does the Chief Executive Officer of FOLUKE CULTURAL ARTS CENTER INC earn?

In 2024, the Chief Executive Officer of FOLUKE CULTURAL ARTS CENTER INC received $30,000 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Ohio, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FOLUKE CULTURAL ARTS CENTER INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Ohio, the 2024 pay of the Chief Executive Officer at FOLUKE CULTURAL ARTS CENTER INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at FOLUKE CULTURAL ARTS CENTER INC equaled 14% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are FOLUKE CULTURAL ARTS CENTER INC's revenue and expenses?

In 2024, FOLUKE CULTURAL ARTS CENTER INC reported $217k in total revenue and $216k in total expenses on its IRS Form 990.

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