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Filing year 2024

New Hope Arts Inc

New Hope, Pennsylvania·EIN 47-0856996·3
Total revenue
$624k
Total assets
$2M
Total expenses
$427k
Reported officers
13
Mission

The organization is dedicated to increasing awareness and support for the arts in the region. The organization seeks to enrich the lives of people through education and events and is committed to presenting events in an open environment that makes the arts accessible to all people.

Executive compensation, broken down

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

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

Executive Director
25th percentile to median
$55k
$60k
Director Emerita
Former Officer/director/trustee
Below 10th percentile
$10k
$11k
Base
$10k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Down 11%
from 2023

From $62k in 2023 to $55k in 2024.

$62k
2023
$55k
2024
In today's dollarsEst.
Down 14% in real terms$69k to $60k

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

New Hope Arts Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$531k
$359k
2023
$624k
$427k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about New Hope Arts Inc

What does the Chief Executive Officer of New Hope Arts Inc earn?

In 2024, the Chief Executive Officer of New Hope Arts Inc received $55,417 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at New Hope Arts Inc compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at New Hope Arts Inc falls between the 25th percentile and the median.

What are New Hope Arts Inc's revenue and expenses?

In 2024, New Hope Arts Inc reported $624k in total revenue and $427k in total expenses on its IRS Form 990.

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