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Filing year 2023

Lynn Music Foundation Inc

Lynn, Massachusetts·EIN 88-4197401·NTEE A20 · Arts, Culture & Humanities·3
Total revenue
$258k
Total assets
$50k
Total expenses
$213k
Reported officers
8
Mission

The mission of Lynn Music Foundation Inc. is to provide resources to Lynn artists in music and the arts, helping them to reach their fullest potential by creating an environment for collaboration, and providing professional development opportunities for Lynn artists.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2023

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

President
Below 10th percentile
$11k
$12k
Treasurer
Officer (Unspecified)
$1k
$1k

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 6 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 Lynn Music Foundation Inc equaled 5% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
5%
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.

Among peers

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

FAQ

Common questions about Lynn Music Foundation Inc

What does the Chief Executive Officer of Lynn Music Foundation Inc earn?

In 2023, the Chief Executive Officer of Lynn Music Foundation Inc received $10,785 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Massachusetts: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Lynn Music Foundation 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 Lynn Music Foundation Inc falls in the bottom 10%. In 2023, the highest total compensation at Lynn Music Foundation Inc equaled 5% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are Lynn Music Foundation Inc's revenue and expenses?

In 2023, Lynn Music Foundation Inc reported $258k in total revenue and $213k in total expenses on its IRS Form 990.

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