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Filing year 2023

THE LYNNWOOD FOUNDATION

Charlotte, North Carolina·EIN 56-1987315·NTEE A82Z · Arts, Culture & Humanities·501(c)(3)
Total revenue
$5.3M
Total assets
$25.4M
Total expenses
$6.2M
Reported officers
26
Mission

THE LYNNWOOD FOUNDATION, A NONPROFIT ORGANIZATION, ESTABLISHED IN 1996, HAS A TWOFOLD MISSION: TO MAINTAIN AND PRESERVE THE NATIONAL HISTORIC SITE KNOWN AS THE DUKE MANSION BY OPERATING IT AS A HISTORIC INN AND MEETING PLACE AND TO CREATE AND OPERATE THE LEE INSTITUTE.THE LEE INSTITUTE MISSION: TO SERVE AND STRENGTHEN ORGANIZATIONS WHO SHARE A COMMITMENT TO BUILDING GREAT COMMUNITIES.THE DUKE MANSION MISSION: TO PRESERVE THE DUKE MANSION, A HISTORIC TREASURE, BY MAKING IT ACCESSIBLE TO THE COMMUNITY AND SHOWCASING ITS HISTORY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations nationwide.

President & CEO
Above 90th percentilevs Arts, Culture & Humanities peers in North Carolina
$318k
$348k
Base
$273k
Bonus
$29k
Other
Benefits
$10k
CFO
75th to 90th percentile
$183k
$200k
Base
$160k
Bonus
$7k
Other
Benefits
$9k
Director - Lee Institute
Highest Compensated Employee
Median to 75th percentile
$153k
$167k
Base
$142k
Bonus
$4k
Other
Benefits
$607
Director - Lee Institute
Highest Compensated Employee
25th percentile to median
$123k
$134k
Gen Mgr - Duke Mansion
Highest Compensated Employee
25th percentile to median
$121k
$133k

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 21 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 THE LYNNWOOD FOUNDATION equaled 5% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
5%
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.

Among peers

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

FAQ

Common questions about THE LYNNWOOD FOUNDATION

What does the Chief Executive Officer of THE LYNNWOOD FOUNDATION earn?

In 2023, the Chief Executive Officer of THE LYNNWOOD FOUNDATION received $318,396 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Arts, Culture & Humanities organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

Compared with the same role at Arts, Culture & Humanities organizations in North Carolina, the 2023 pay of the Chief Executive Officer at THE LYNNWOOD FOUNDATION falls in the top 10%. In 2023, the highest total compensation at THE LYNNWOOD FOUNDATION equaled 5% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are THE LYNNWOOD FOUNDATION's revenue and expenses?

In 2023, THE LYNNWOOD FOUNDATION reported $5.3M in total revenue and $6.2M in total expenses on its IRS Form 990.

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