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Filing year 2024

LOTUS PROJECT INC

Charlotte, North Carolina·EIN 93-3981465·NTEE A25 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$131k
Total assets
$21k
Total expenses
$124k
Reported officers
2

Executive compensation

Form 990-EZ · Part IV · 2 reported individuals · Filing year 2024

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

Vice President/treasurer
Board President
75th to 90th percentile
$39k
$41k
President/secretary
Board President
75th to 90th percentile
$39k
$41k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LOTUS PROJECT INC equaled 31% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
31%
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.

Pay for the position

Board President pay rose 1440% from 2023 to 2024, while revenue rose 864%.

$3k in 2023 to $39k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Among peers

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

FAQ

Common questions about LOTUS PROJECT INC

What does the Board President of LOTUS PROJECT INC earn?

In 2024, the Board President of LOTUS PROJECT INC received $38,500 in total compensation. This pay is in the top quarter for Board President roles among Arts, Culture & Humanities organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board President pay at LOTUS PROJECT INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations nationwide, the 2024 pay of the Board President at LOTUS PROJECT INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at LOTUS PROJECT INC equaled 31% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are LOTUS PROJECT INC's revenue and expenses?

In 2024, LOTUS PROJECT INC reported $131k in total revenue and $124k in total expenses on its IRS Form 990.

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