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Filing year 2024

Richard Petty Museum Inc

Randleman, North Carolina·EIN 56-1859132·NTEE A50 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$338k
Total assets
$11.9M
Total expenses
$296k
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Executive Dir.
Unclassified
$42k
$45k

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 5 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Richard Petty Museum Inc equaled 14% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
14%
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.

Up 4%
from 2023

From $41k in 2023 to $42k in 2024.

$41k
2023
$42k
2024
In today's dollarsEst.
Up 1% in real terms$44k to $45k

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.

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

Revenue and expenses over time

Richard Petty Museum Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$279k
$275k
2023
$338k
$296k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Arts, Culture & Humanities executives earn in North Carolina

Comparable arts, culture & humanities organizations in North Carolina pay their highest-earning executive a median of $47,848.

25th percentile
$24k
Median
$47,848
75th percentile
$88k
90th percentile
$137k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 407 organizations across 407 filings (2022 – 2024).

See full Arts, Culture & Humanities pay data for North Carolina
FAQ

Common questions about Richard Petty Museum Inc

What are Richard Petty Museum Inc's revenue and expenses?

In 2024, Richard Petty Museum Inc reported $338k in total revenue and $296k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.