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Filing year 2024

THE ATHENAEUM FOUNDATION INC

Indianapolis, Indiana·EIN 35-1834667·NTEE T30Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.8M
Total assets
$4.6M
Total expenses
$1.7M
Reported officers
20
Mission

TO FURTHER THE CHARITABLE, EDUCATIONAL, AND OTHER EXEMPT PURPOSES OF SUPPORTED ORGANIZATIONS BY REVITALIZING THE ARCHITECTURAL TREASURE ATHENAEUM BUILDING TO SERVE THE INDIANAPOLIS COMMUNITY AS A CENTER FOR THE ARTS, ENTERTAINMENT AND PHYSICAL FITNESS MAINTAINING ITS UNIQUE HISTORICAL CHARACTER.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana.

President
Median to 75th percentile
$137k
$148k

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 19 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE ATHENAEUM FOUNDATION INC equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
8%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking 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 10%
from 2023

From $125k in 2023 to $137k in 2024.

$125k
2023
$137k
2024
In today's dollarsEst.
Up 7% in real terms$138k to $148k

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 10% from 2023 to 2024, while revenue fell 44%.

$125k in 2023 to $137k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 THE ATHENAEUM FOUNDATION INC

What does the Chief Executive Officer of THE ATHENAEUM FOUNDATION INC earn?

In 2024, the Chief Executive Officer of THE ATHENAEUM FOUNDATION INC received $137,406 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Indiana, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE ATHENAEUM FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Indiana, the 2024 pay of the Chief Executive Officer at THE ATHENAEUM FOUNDATION INC falls between the median and the 75th percentile. In 2024, the highest total compensation at THE ATHENAEUM FOUNDATION INC equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE ATHENAEUM FOUNDATION INC's revenue and expenses?

In 2024, THE ATHENAEUM FOUNDATION INC reported $1.8M in total revenue and $1.7M in total expenses on its IRS Form 990.

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