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Filing year 2023

LYNN COLBERT CHARITABLE FOUNDATION

Duncan, Oklahoma·EIN 73-6131373·501(c)(3)
Total revenue
$5.2M
Total assets
$51M
Total expenses
$4.5M
Reported officers
5
Mission

GRANT SCHOLARSHIPS TO STUDENTS ATTENDING MURRAY STATE COLLEGE AND SUPPLEMENT OPERATIONAL FUNDS FOR MURRAY STATE COLLEGE.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Co-trustee
Institutional Trustee
$306k
$334k
Co-trustee
Board Member
25th percentile to median
$8k
$8k
Co-trustee
Board Member
25th percentile to median
$8k
$8k
Co-trustee
Board Member
Below 10th percentile
$1k
$1k

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.

Plus 1 unpaid individual.

Down 37%
from 2022

From $485k in 2022 to $306k in 2023.

$485k
2022
$306k
2023
In today's dollarsEst.
Down 40% in real terms$553k to $334k

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.

Pay for the position

Institutional Trustee pay fell 37% from 2022 to 2023, while revenue fell 37%.

$485k in 2022 to $306k in 2023.
  • Board Member pay fell 42% from 2022 to 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.
Financial trend

Revenue and expenses over time

LYNN COLBERT CHARITABLE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.2M
$4.6M
2022
$5.2M
$4.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LYNN COLBERT CHARITABLE FOUNDATION

What does the Institutional Trustee of LYNN COLBERT CHARITABLE FOUNDATION earn?

In 2023, the Institutional Trustee of LYNN COLBERT CHARITABLE FOUNDATION received $306,250 in total compensation. Based on IRS Form 990 data.

What are LYNN COLBERT CHARITABLE FOUNDATION's revenue and expenses?

In 2023, LYNN COLBERT CHARITABLE FOUNDATION reported $5.2M in total revenue and $4.5M in total expenses on its IRS Form 990.

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