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Filing year 2024

FRIENDS OF THE PENN INC

Plymouth, Michigan·EIN 51-0536795·NTEE A65 · Arts, Culture & Humanities·3
Total revenue
$375k
Total assets
$1.7M
Total expenses
$320k
Reported officers
10
Mission

THE CHARITABLE MISSION OF FRIENDS OF THE PENN IS TO PRESERVE, MAINTAIN, AND OPERATE THE HISTORIC PENN THEATRE IN PLYMOUTH, MICHIGAN AS A VENUE THAT PROMOTES APPRECIATION OF CINEMATIC, LITERARY, AND PERFORMING ARTS THROUGH DYNAMIC PROGRAMMING, WHICH ENGAGES, INSPIRES, AND EDUCATES THE COMMUNITY.

Executive compensation

Form 990 · 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 Michigan.

Executive Director
10th to 25th percentile
$39k
$41k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 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 FRIENDS OF THE PENN 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 16,529 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 18%
from 2023

From $33k in 2023 to $39k in 2024.

$33k
2023
$39k
2024
In today's dollarsEst.
Up 15% in real terms$36k to $41k

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 18% from 2023 to 2024, while revenue rose 40%.

$33k in 2023 to $39k in 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 FRIENDS OF THE PENN INC

What does the Chief Executive Officer of FRIENDS OF THE PENN INC earn?

In 2024, the Chief Executive Officer of FRIENDS OF THE PENN INC received $39,060 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Michigan, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FRIENDS OF THE PENN INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Michigan, the 2024 pay of the Chief Executive Officer at FRIENDS OF THE PENN INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at FRIENDS OF THE PENN INC equaled 12% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are FRIENDS OF THE PENN INC's revenue and expenses?

In 2024, FRIENDS OF THE PENN INC reported $375k in total revenue and $320k in total expenses on its IRS Form 990.

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