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Filing year 2024

LANESBORO ARTS CENTER

Lanesboro, Minnesota·EIN 41-1731338·NTEE A400 · Arts, Culture & Humanities·3
Total revenue
$472k
Total assets
$807k
Total expenses
$442k
Reported officers
10
Mission

LANESBORO ARTS CENTER SERVES AS A REGIONAL CATALYST FOR ARTISTIC EXCELLENCE AND EDUCATIONAL DEVELOPMENT IN PROVIDING DIVERSE ART EXPERIENCES FOR PEOPLE OF ALL AGES.

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 Di
25th percentile to median
$61k
$65k

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 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 LANESBORO ARTS CENTER equaled 14% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
14%
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 10%
from 2023

From $55k in 2023 to $61k in 2024.

$55k
2023
$61k
2024
In today's dollarsEst.
Up 7% in real terms$61k to $65k

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 Executive Officer pay rose 10% from 2023 to 2024, while revenue rose 23%.

$55k in 2023 to $61k 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 LANESBORO ARTS CENTER

What does the Chief Executive Officer of LANESBORO ARTS CENTER earn?

In 2024, the Chief Executive Officer of LANESBORO ARTS CENTER received $60,500 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 LANESBORO ARTS CENTER 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 LANESBORO ARTS CENTER falls between the 25th percentile and the median. In 2024, the highest total compensation at LANESBORO ARTS CENTER equaled 14% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are LANESBORO ARTS CENTER's revenue and expenses?

In 2024, LANESBORO ARTS CENTER reported $472k in total revenue and $442k in total expenses on its IRS Form 990.

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