LUMA8 STRIVES TO ELEVATE THE CITY OF CHICAGO AS A FOCAL POINT OF ARTISTIC INNOVATIONTO ENRICH THE LIVES OF ITS CITIZENS AND CREATE ECONOMIC IMPACT,
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 nationwide.
| Position | Total |
|---|---|
President Board President Above 90th percentile | $122k $130k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 2 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at LUMA 8 equaled 35% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
Based on 16,529 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 8%
from 2023
From $132k in 2023 to $122k in 2024.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Board President pay fell 8% from 2023 to 2024, while revenue fell 17%.
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.
Common questions about LUMA 8
What does the Board President of LUMA 8 earn?
In 2024, the Board President of LUMA 8 received $121,752 in total compensation. This pay is in the top 10% for Board President roles among Arts, Culture & Humanities organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board President pay at LUMA 8 compare with similar nonprofits?
Compared with the same role at Arts, Culture & Humanities organizations nationwide, the 2024 pay of the Board President at LUMA 8 falls in the top 10%. In 2024, the highest total compensation at LUMA 8 equaled 35% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
What are LUMA 8's revenue and expenses?
In 2024, LUMA 8 reported $362k in total revenue and $347k in total expenses on its IRS Form 990.
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