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Filing year 2024

TOFTE LAKE CENTER INC

Ely, Minnesota·EIN 13-4359561·NTEE A20 · Arts, Culture & Humanities·3
Total revenue
$323k
Total assets
$343k
Total expenses
$324k
Reported officers
8
Mission

TOFTE LAKE CENTER IS COMMITTED TO SUPPORTING ARTISTS BY PROVIDING A NURTURING EXPERIENCE ROOTED IN NATURE WHERE ARTISTS OF ALL DISCIPLINES AND BACKGROUNDS FEEL SAFE TO TAKE A BREAK FROM THE "WORK" OF ART TO PLAY, FEEL INSPIRED, AND BE REJUVENATED. VISION: TLC ENVISIONS AN INTERCONNECTED WORLD IN HARMONY WITH NATURE, WHERE ARTISTS ARE SUPPORTED AND CELEBRATED AND WHERE TAKING A BREAK IS RECOGNIZED AS INTEGRAL TO THE CREATIVE PROCESS.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

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

Executive Di
10th to 25th percentile
$37k
$40k

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 7 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 TOFTE LAKE CENTER INC equaled 11% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
11%
Sector median
11%
Middle half of sector
5% to 20%

Based on 16,529 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 12%
from 2023

From $42k in 2023 to $37k in 2024.

$42k
2023
$37k
2024
In today's dollarsEst.
Down 15% in real terms$46k to $40k

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 fell 12% from 2023 to 2024, while revenue rose 20%.

$42k in 2023 to $37k 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 TOFTE LAKE CENTER INC

What does the Chief Executive Officer of TOFTE LAKE CENTER INC earn?

In 2024, the Chief Executive Officer of TOFTE LAKE CENTER INC received $36,805 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Minnesota, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at TOFTE LAKE CENTER INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Minnesota, the 2024 pay of the Chief Executive Officer at TOFTE LAKE CENTER INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at TOFTE LAKE CENTER INC equaled 11% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are TOFTE LAKE CENTER INC's revenue and expenses?

In 2024, TOFTE LAKE CENTER INC reported $323k in total revenue and $324k in total expenses on its IRS Form 990.

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