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Filing year 2023

HENNEPIN THEATRE TRUST

Minneapolis, Minnesota·EIN 41-2017278·NTEE A65 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$38.9M
Total assets
$37.1M
Total expenses
$39.2M
Reported officers
31
Mission

HENNEPIN THEATRE TRUST DRIVES CULTURAL AND ECONOMIC VITALITY IN MINNESOTA THROUGH LEADERSHIP OF THE DYNAMIC HENNEPIN THEATRE DISTRICT HENNEPIN THEATRE TRUST PROTECTS AND PRESERVES THE IMPORTANT HISTORIC THEATRE DISTRICT IN DOWNTOWN MINNEAPOLIS AND EDUCATIONAL PROGRAMMING THAT REACHES EVERY AREA OF THE STATE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

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

President/ceo
Above 90th percentilevs Arts, Culture & Humanities peers in Minnesota
$190k
$208k
Base
$180k
Bonus
Other
Benefits
$3k
Dir. of Development
Highest Compensated Employee
25th percentile to median
$146k
$159k
Director of Booking
Highest Compensated Employee
25th percentile to median
$139k
$152k
Dir. of External Relations
Highest Compensated Employee
25th percentile to median
$123k
$135k
Chief Administrative Officer
Officer (Unspecified)
$83k
$91k
President/ceo (through 09/23)
Median to 75th percentilevs Arts, Culture & Humanities peers in Minnesota
$72k
$78k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 25 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 HENNEPIN THEATRE TRUST equaled 0.5% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
0.5%
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 61%
from 2022

From $487k in 2022 to $190k in 2023.

$487k
2022
$190k
2023
In today's dollarsEst.
Down 62% in real terms$547k to $208k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, 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 61% from 2022 to 2023, while revenue fell 14%.

$487k in 2022 to $190k in 2023.
  • Highest Compensated Employee pay fell 6% 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 HENNEPIN THEATRE TRUST

What does the Chief Executive Officer of HENNEPIN THEATRE TRUST earn?

In 2023, the Chief Executive Officer of HENNEPIN THEATRE TRUST received $190,146 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Minnesota: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HENNEPIN THEATRE TRUST compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Minnesota, the 2023 pay of the Chief Executive Officer at HENNEPIN THEATRE TRUST falls in the top 10%. In 2023, the highest total compensation at HENNEPIN THEATRE TRUST equaled 0.5% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are HENNEPIN THEATRE TRUST's revenue and expenses?

In 2023, HENNEPIN THEATRE TRUST reported $38.9M in total revenue and $39.2M in total expenses on its IRS Form 990.

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