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Filing year 2023

GROUT MUSEUM INC

Waterloo, Iowa·EIN 42-1333059·NTEE A500 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$1.2M
Total assets
$43k
Total expenses
$1.1M
Reported officers
18
Mission

THE MISSION OF GROUT MUSEUM, INC. IS TO RAISE FUNDS AND TRANSFER THEM TO H.W. GROUT TRUST FOR USE IN OPERATING MUSEUMS OWNED AND OPERATED BY THE TRUST.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

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

Director of Finance and HR
10th to 25th percentilevs Arts, Culture & Humanities peers nationwide
$11k
$13k
Executive Director Thru Dec 23
10th to 25th percentile
$11k
$12k

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 16 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 GROUT MUSEUM INC equaled 1% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
1%
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.

Down 47%
from 2022

From $21k in 2022 to $11k in 2023.

$21k
2022
$11k
2023
In today's dollarsEst.
Down 49% in real terms$25k to $13k

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 Financial Officer pay rose 7% from 2022 to 2023, while revenue fell 13%.

$11k in 2022 to $11k in 2023.
  • Chief Executive Officer pay fell 51% from 2022 to 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.

Among peers

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

FAQ

Common questions about GROUT MUSEUM INC

What does the Chief Financial Officer of GROUT MUSEUM INC earn?

In 2023, the Chief Financial Officer of GROUT MUSEUM INC received $11,433 in total compensation. This pay is in the bottom quarter for Chief Financial Officer roles among Arts, Culture & Humanities organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at GROUT MUSEUM INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations nationwide, the 2023 pay of the Chief Financial Officer at GROUT MUSEUM INC falls between the 10th and 25th percentiles. In 2023, the highest total compensation at GROUT MUSEUM INC equaled 1% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are GROUT MUSEUM INC's revenue and expenses?

In 2023, GROUT MUSEUM INC reported $1.2M in total revenue and $1.1M in total expenses on its IRS Form 990.

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