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 · Part VII & Schedule J · 3 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations in Pennsylvania.
| Position | Total |
|---|---|
Bd Member (president-poa) 75th to 90th percentile | $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.
Top pay as a share of expenses
In 2023, the highest total compensation at ACADEMY OF MUSIC OF PHILADELPHIA INC equaled 5% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
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 128%
from 2022
From $67k in 2022 to $154k in 2023.
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.
Chief Executive Officer pay rose 128% from 2022 to 2023, while revenue fell 71%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about ACADEMY OF MUSIC OF PHILADELPHIA INC
What does the Chief Executive Officer of ACADEMY OF MUSIC OF PHILADELPHIA INC earn?
In 2023, the Chief Executive Officer of ACADEMY OF MUSIC OF PHILADELPHIA INC received $154,061 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Pennsylvania, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at ACADEMY OF MUSIC OF PHILADELPHIA INC compare with similar nonprofits?
Compared with the same role at Arts, Culture & Humanities organizations in Pennsylvania, the 2023 pay of the Chief Executive Officer at ACADEMY OF MUSIC OF PHILADELPHIA INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at ACADEMY OF MUSIC OF PHILADELPHIA INC equaled 5% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
What are ACADEMY OF MUSIC OF PHILADELPHIA INC's revenue and expenses?
In 2023, ACADEMY OF MUSIC OF PHILADELPHIA INC reported $1.4M in total revenue and $3.4M in total expenses on its IRS Form 990.
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