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Filing year 2024

HOPEWELL MUSIC COOPERATIVE-NORTH

Minneapolis, Minnesota·EIN 46-0547282·NTEE A99 · Arts, Culture & Humanities·3
Total revenue
$323k
Total assets
$354k
Total expenses
$262k
Reported officers
10
Mission

TO EMPOWER UNDERSERVED YOUTH AND ADULT STUDENTS IN NORTH MINNEAPOLIS THROUGH HIGH QUALITY AND AFFORDABLE MUSIC EDUCATION THAT IS ACCESSIBLE TO ALL REGARDLESS OF AGE, BACKGROUND, ABILITY, OR FINANCIAL CIRCUMSTANCE.

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 Minnesota.

Executive Director
25th percentile to median
$41k
$44k

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 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 HOPEWELL MUSIC COOPERATIVE-NORTH equaled 16% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
16%
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 20%
from 2023

From $34k in 2023 to $41k in 2024.

$34k
2023
$41k
2024
In today's dollarsEst.
Up 17% in real terms$37k to $44k

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 rose 20% from 2023 to 2024, while revenue rose 15%.

$34k in 2023 to $41k 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 HOPEWELL MUSIC COOPERATIVE-NORTH

What does the Chief Executive Officer of HOPEWELL MUSIC COOPERATIVE-NORTH earn?

In 2024, the Chief Executive Officer of HOPEWELL MUSIC COOPERATIVE-NORTH received $40,778 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Minnesota, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HOPEWELL MUSIC COOPERATIVE-NORTH compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Minnesota, the 2024 pay of the Chief Executive Officer at HOPEWELL MUSIC COOPERATIVE-NORTH falls between the 25th percentile and the median. In 2024, the highest total compensation at HOPEWELL MUSIC COOPERATIVE-NORTH equaled 16% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are HOPEWELL MUSIC COOPERATIVE-NORTH's revenue and expenses?

In 2024, HOPEWELL MUSIC COOPERATIVE-NORTH reported $323k in total revenue and $262k in total expenses on its IRS Form 990.

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