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Filing year 2023

SUMMIT ARTSPACE

Akron, Ohio·EIN 34-1841587·NTEE A20 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$823k
Total assets
$525k
Total expenses
$609k
Reported officers
18
Mission

SUMMIT ARTSPACE CONNECTS ARTISTS AND ARTIST-SERVING ORGANIZATIONS TO THE COMMUNITY AND TO THE RESOURCES THEY NEED TO THRIVE PROFESSIONALLY, CREATIVELY, AND FINANCIALLY. ITS CORE VALUES OF CREATIVITY, COLLABORATION, AND COMMUNITY GUIDE THE CURRENT STRATEGIC PLAN, WHICH FOCUSES ON SIX KEY PRIORITY AREAS: 1) SUPPORTING ARTISTS AT ALL LEVELS OF THEIR CREATIVE JOURNEY, 2) ENCOURAGING PARTICIPATION IN THE ARTS THROUGH EDUCATION AND OUTREACH, 3) SERVING AS A VITAL CREATIVE RESOURCE FOR THE COMMUNITY, 4) INCREASING AWARENESS AND VISIBILITY THROUGHOUT THE COMMUNITY, 5) BUILDING FINANCIAL SUSTAINABILITY THROUGH REVENUE GROWTH AND 6) DIVERSIFYING ARTISTS WE SERVE. ADDITIONALLY, SUMMIT ARTSPACE SEEKS TO BUILD PUBLIC AWARENESS CONCERNING THE VALUE OF ARTISTS AS CONTRIBUTORS TO OUR AREA'S CREATIVE ECONOMY, QUALITY OF LIFE, AND PLACE-MAKING FOR THOSE THAT LIVE, WORK OR GO TO SCHOOL IN SUMMIT AND CONTIGUOUS COUNTIES.

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 Arts, Culture & Humanities organizations in Ohio.

Executive Di
25th percentile to median
$70k
$78k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 17 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 SUMMIT ARTSPACE equaled 12% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
12%
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.

Funded by

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

Up 2%
from 2022

From $69k in 2022 to $70k in 2023.

$69k
2022
$70k
2023
In today's dollarsEst.
Down 2% in real terms$79k to $78k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 2% from 2022 to 2023, while revenue rose 129%.

$69k in 2022 to $70k in 2023.

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

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

Among peers

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

FAQ

Common questions about SUMMIT ARTSPACE

What does the Chief Executive Officer of SUMMIT ARTSPACE earn?

In 2023, the Chief Executive Officer of SUMMIT ARTSPACE received $70,494 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Ohio, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SUMMIT ARTSPACE compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Ohio, the 2023 pay of the Chief Executive Officer at SUMMIT ARTSPACE falls between the 25th percentile and the median. In 2023, the highest total compensation at SUMMIT ARTSPACE equaled 12% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are SUMMIT ARTSPACE's revenue and expenses?

In 2023, SUMMIT ARTSPACE reported $823k in total revenue and $609k in total expenses on its IRS Form 990.

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