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Filing year 2024

MONARCH MUSIC & ARTS COMMUNITY

Louisville, Kentucky·EIN 88-1746065·NTEE A20 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$223k
Total assets
$54k
Total expenses
$203k
Reported officers
4
Mission

The Monarch Music & Arts Community is a co-working space that serves as a communal hub for the creation, education, collaboration, performance, and advancement of original music and art in Louisville, KY. The organization's mission is to encourage, promote, and support local artists while promoting music and art appreciation and education in our community. The organization's goal is to unite, inspire, and uplift local artists, and our entire community, as we cultivate new creative connections beyond our city.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

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

President
25th percentile to median
$46k
$49k
Secretary
Officer (Unspecified)
$38k
$40k

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 2 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 MONARCH MUSIC & ARTS COMMUNITY equaled 23% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
23%
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 56%
from 2023

From $30k in 2023 to $46k in 2024.

$30k
2023
$46k
2024
In today's dollarsEst.
Up 51% in real terms$32k to $49k

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.

Among peers

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

FAQ

Common questions about MONARCH MUSIC & ARTS COMMUNITY

What does the Chief Executive Officer of MONARCH MUSIC & ARTS COMMUNITY earn?

In 2024, the Chief Executive Officer of MONARCH MUSIC & ARTS COMMUNITY received $46,000 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Kentucky, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MONARCH MUSIC & ARTS COMMUNITY compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Kentucky, the 2024 pay of the Chief Executive Officer at MONARCH MUSIC & ARTS COMMUNITY falls between the 25th percentile and the median. In 2024, the highest total compensation at MONARCH MUSIC & ARTS COMMUNITY equaled 23% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are MONARCH MUSIC & ARTS COMMUNITY's revenue and expenses?

In 2024, MONARCH MUSIC & ARTS COMMUNITY reported $223k in total revenue and $203k in total expenses on its IRS Form 990.

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