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Filing year 2024

MARIKA FOUNDATION INCORPORATED A NOT-FOR-PROFIT CORPORATION

Rockport, Massachusetts·EIN 81-3302498·NTEE A99 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$87k
Total assets
$2.1M
Total expenses
$80k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. MARIKA FOUNDATION INCORPORATED A NOT-FOR-PROFIT CORPORATION reported 4 unpaid officers and board members on its 990-PF.

Pres.,clerk & Board Member
Treasurer & Board Member
Board Member
Board Member
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MARIKA FOUNDATION INCORPORATED A NOT-FOR-PROFIT CORPORATION equaled 1.0% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
1.0%
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.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$0

Itemized grants

0

Pay for the position

Board Member pay rose 29% from 2022 to 2023, while revenue fell 38%.

$630 in 2022 to $810 in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Financial trend

Revenue and expenses over time

MARIKA FOUNDATION INCORPORATED A NOT-FOR-PROFIT CORPORATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$46k
$65k
2022
$29k
$84k
2023
$87k
$80k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Arts, Culture & Humanities executives earn in Massachusetts

MARIKA FOUNDATION INCORPORATED A NOT-FOR-PROFIT CORPORATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable arts, culture & humanities organization in Massachusetts earns a median of $68,066.

25th percentile
$21k
Median
$68,066
75th percentile
$118k
90th percentile
$203k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 738 organizations across 738 filings (2021 – 2024).

See full Arts, Culture & Humanities pay data for Massachusetts

Similar Organizations

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FAQ

Common questions about MARIKA FOUNDATION INCORPORATED A NOT-FOR-PROFIT CORPORATION

What are MARIKA FOUNDATION INCORPORATED A NOT-FOR-PROFIT CORPORATION's revenue and expenses?

In 2024, MARIKA FOUNDATION INCORPORATED A NOT-FOR-PROFIT CORPORATION reported $87k in total revenue and $80k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.