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Filing year 2023

FRANK K SPAIN FOUNDATION INC

Tupelo, Mississippi·EIN 31-1644348·NTEE A50 · Arts, Culture & Humanities·501(c)(3)
Total revenue
-$123k
Total assets
$7.7M
Total expenses
$578k
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

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

Treasurer
Board Treasurer
75th to 90th percentile
$15k
$16k

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 5 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FRANK K SPAIN FOUNDATION INC equaled 3% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
3%
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.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$370k

Itemized grants

8

Median grant

$38k

Held steady
from 2022

From $15k in 2022 to $15k in 2023.

$15k
2022
$15k
2023
In today's dollarsEst.
Down 4% in real terms$17k to $16k

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

Board Treasurer pay held roughly steady from 2022 to 2023.

$15k in 2022 to $15k 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.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Arts, Culture & Humanities executives earn in Mississippi

Comparable arts, culture & humanities organizations in Mississippi pay their highest-earning executive a median of $50,121.

25th percentile
$18k
Median
$50,121
75th percentile
$105k
90th percentile
$148k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 62 organizations across 62 filings (2022 – 2024).

See full Arts, Culture & Humanities pay data for Mississippi
FAQ

Common questions about FRANK K SPAIN FOUNDATION INC

What does the Board Treasurer of FRANK K SPAIN FOUNDATION INC earn?

In 2023, the Board Treasurer of FRANK K SPAIN FOUNDATION INC received $15,000 in total compensation. This pay is in the top quarter for Board Treasurer roles among Arts, Culture & Humanities organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Treasurer pay at FRANK K SPAIN FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations nationwide, the 2023 pay of the Board Treasurer at FRANK K SPAIN FOUNDATION INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at FRANK K SPAIN FOUNDATION INC equaled 3% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.