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Filing year 2023

LEXINGTON FRIENDS OF THE ARTS INC

Lexington, Massachusetts·EIN 04-3245366·NTEE A51I · Arts, Culture & Humanities·501(c)(3)
Total revenue
$684k
Total assets
$2.3M
Total expenses
$727k
Reported officers
13
Mission

THE MUNROE CENTER FOR THE ARTS IS LEXINGTON'S HOME FOR VISUAL AND PERFORMING ARTS FOR EDUCATION AND EXPERIENCE, FOR SELF-EXPRESSION, REJUVENATION AND FRIENDSHIP.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

Executive Director
25th percentile to median
$65k
$72k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 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 LEXINGTON FRIENDS OF THE ARTS INC equaled 9% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
9%
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.

Up 10%
from 2022

From $59k in 2022 to $65k in 2023.

$59k
2022
$65k
2023
In today's dollarsEst.
Up 6% in real terms$68k to $72k

Estimated with Boston-Cambridge-Newton, MA-NH 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 10% from 2022 to 2023, while revenue fell 16%.

$59k in 2022 to $65k in 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 LEXINGTON FRIENDS OF THE ARTS INC

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

In 2023, the Chief Executive Officer of LEXINGTON FRIENDS OF THE ARTS INC received $65,376 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Massachusetts, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Arts, Culture & Humanities organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at LEXINGTON FRIENDS OF THE ARTS INC falls between the 25th percentile and the median. In 2023, the highest total compensation at LEXINGTON FRIENDS OF THE ARTS INC equaled 9% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

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

In 2023, LEXINGTON FRIENDS OF THE ARTS INC reported $684k in total revenue and $727k in total expenses on its IRS Form 990.

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