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Filing year 2023

ACADEMY OF MUSIC OF PHILADELPHIA INC

Philadelphia, Pennsylvania·EIN 23-1501159·NTEE A110 · Arts, Culture & Humanities·3
Total revenue
$1.4M
Total assets
$25.4M
Total expenses
$3.4M
Reported officers
18
Mission

THE ACADEMY'S PRIMARY EXEMPT PURPOSE IS TO RAISE FUNDS THROUGH THE RESTORATION AND PRESERVATION FUND TO RESTORE AND MAINTAIN THE 167-YEAR-OLD ACADEMY OF MUSIC, THE OLDEST KNOWN CONTINUOUSLY OPERATING OPERA HOUSE IN THE UNITED STATES.

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2023

Bd Member (president-poa)
$154k
$172k
Bd Member/secretary (exec-dir Poa)
officer (unspecified)
$61k
$68k
Bd Member/treasurer (cfo-poa)
officer (unspecified)
$59k
$66k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 15 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Up 128%
from 2022

From $67k in 2022 to $154k in 2023.

$67k
2022
$154k
2023
In today's dollarsEst.
Up 119% in real terms$78k to $172k

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 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.
Financial trend

Revenue and expenses over time

ACADEMY OF MUSIC OF PHILADELPHIA INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.9M
$3.5M
2022
$1.4M
$3.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Arts, Culture & Humanities executives earn in Pennsylvania

Comparable arts, culture & humanities organizations in Pennsylvania pay their highest-earning executive a median of $70,000.

25th percentile
$31k
Median
$70,000
75th percentile
$109k
90th percentile
$180k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 178 organizations across 178 filings (2022 – 2023).

See full Arts, Culture & Humanities pay data for Pennsylvania
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