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Filing year 2023

RICHMOND AREA ARTS COUNCIL INC

Richmond, Kentucky·EIN 61-1168831·501(c)(3)
Total revenue
$245k
Total assets
$1.4M
Total expenses
$174k
Reported officers
6
Mission

ENHANCEMENT OF THE LOCAL ARTS

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

Executive Dir.
Board Member
75th to 90th percentile
$54k
$59k

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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

RICHMOND AREA ARTS COUNCIL INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$270k
$169k
2022
$245k
$174k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about RICHMOND AREA ARTS COUNCIL INC

What does the Board Member of RICHMOND AREA ARTS COUNCIL INC earn?

In 2023, the Board Member of RICHMOND AREA ARTS COUNCIL INC received $54,484 in total compensation. This pay is in the top quarter for Board Member roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at RICHMOND AREA ARTS COUNCIL INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at RICHMOND AREA ARTS COUNCIL INC falls between the 75th and 90th percentiles.

What are RICHMOND AREA ARTS COUNCIL INC's revenue and expenses?

In 2023, RICHMOND AREA ARTS COUNCIL INC reported $245k in total revenue and $174k in total expenses on its IRS Form 990.

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