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Filing year 2024

AMERICAN ACADEMY OF ARTS AND LETTERS

New York, New York·EIN 13-0429640·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$13.8M
Total assets
$117.3M
Total expenses
$5.4M
Reported officers
14

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York.

Executive Director
75th to 90th percentile
$310k
$336k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at AMERICAN ACADEMY OF ARTS AND LETTERS equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
6%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$1M

Itemized grants

84

Median grant

$10k

RecipientLocationPurposeAmount
DARRYL PINCKNEYNEW YORK, NYTO HONOR A WRITER WHO HAS MADE A SIGNIFICANT CONTRIBUTION TO AMERICAN LITERATURE.$100k
PAPER MILL PLAYHOUSEMILBURN, NJTO FUND A WORKSHOP OF A PROMISING NEW MUSICIAL, GUN & POWDER.$60k
SEAN SHEPHERDCHICAGO, ILTO GIVE A PROMISING COMPOSER INCOME WHICH ALLOWS HIM TO BE FREE OF EMPLOYMENT AND SOLEY COMPOSE.$50k
DIVERSIONARY THEATRESAN DIEGO, CATO FUND A WORKSHOP OF A PROMISING NEW MUSICIAL, THE MONSTER$50k
CHARLES IVES SOCIETYMEDFORD, MATO FURTHER THE WORK AND MUSICAL LEGACY OF CHARLES IVES$50k
RHIANNON GIDDENSPINE BROOK, NJTO HONOR AN EXCEPTIONAL WRITER FOR VOCAL MUSIC$40k
AMERICAN COMPOSERS ALLIANCENEW YORK, NYTO FURTHER THE MUSICAL LEGACY OF OTTO LUENING$27k
MATT CONNORSNEW YORK, NYTO HONOR A PAINTER OF EXTRAORDINARY ACHIEVEMENT.$25k
SERGE KOUSSEVITZKY MUSIC FOUNDATION IN THE LIBRARY OF CONGRESSWASHINGTON, DCTO FURTHER THE MUSICAL LEGACY OF OTTO LUENING$25k
SELGASCANO JOSE SELGAS AND LUCIA CANOSPTO HONOR AN ARCHITECT WHO HAS MADE SIGNIFICANT CONTRIBUTION TO ARCHITECTURE AS AN ART.$20k
CAL FLYNUKTO A TALENTED WRITER FROM THE UNITED KINGDOM OR IRELAND FOR A STAY IN THE UNITED STATES$20k
CHETNA MAROOUKTO A TALENTED WRITER FROM THE UNITED KINGDOM OR IRELAND FOR A STAY IN THE UNITED STATES$20k
GAYL JONESLEXINGTON, KYTO HONOR A DEMONSTATED WRITER OF PROSE.$20k
ANDREW HOLLERANKEYSTONE HEIGHTS, FLTO RECOGNIZE AN AUTHOR FOR THE QUALITY OF THEIR PROSE.$20k
AARON HELGESONNEW YORK, NYTO ENCOURAGE YOUNG TALENT TO A COMPOSER$20k
ALISON ARMSTRONGNEW YORK, NYTO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.$16k
FANG MANIRMO, SCTO HONOR A YOUNG COMPOSER OF EXCEPTIONAL ACHIEVEMENT.$15k
SUSIE IBARRAPOUGHKEEPSIE, NYTO HONOR A YOUNG COMPOSER OF EXCEPTIONAL ACHIEVEMENT.$15k
VIJAY IYERNEW YORK, NYTO HONOR A YOUNG COMPOSER OF EXTRAORDINARY GIFTS.$15k
IBUOKLE ROSASCHINEW YORK, NYTO HONOR A YOUNG COMPOSER OF EXTRAORDINARY GIFTS.$15k
ARTHUR PFISTERSTAMFORD, CTTO AID PROFESSIONAL ARTISTS, WRITERS AND COMPOSERS WHO FIND THEMSELVES IN FINANCIAL DISTRESS.$11k
JULIE BARGMANNCHARLOTTESVILLE, VATO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE.$10k
BEATRIZ COLOMINANEW YORK, NYTO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE.$10k
LEVENBETTS DAVID LEVEN & STELLA BETTSNEW YORK, NYTO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE.$10k
KRZYSZTOF WODICZKONEW YORK, NYTO HONOR EXCEPTIONAL ACHIEVEMENT IN ARCHITECTURE.$10k
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 2%
from 2023

From $303k in 2023 to $310k in 2024.

$303k
2023
$310k
2024
In today's dollarsEst.
Down 1% in real terms$340k to $336k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, 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 rose 2% from 2023 to 2024, while revenue rose 389%.

$303k in 2023 to $310k 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.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Among peers

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

FAQ

Common questions about AMERICAN ACADEMY OF ARTS AND LETTERS

What does the Chief Executive Officer of AMERICAN ACADEMY OF ARTS AND LETTERS earn?

In 2024, the Chief Executive Officer of AMERICAN ACADEMY OF ARTS AND LETTERS received $310,364 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in New York, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at AMERICAN ACADEMY OF ARTS AND LETTERS compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2024 pay of the Chief Executive Officer at AMERICAN ACADEMY OF ARTS AND LETTERS falls between the 75th and 90th percentiles. In 2024, the highest total compensation at AMERICAN ACADEMY OF ARTS AND LETTERS equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are AMERICAN ACADEMY OF ARTS AND LETTERS's revenue and expenses?

In 2024, AMERICAN ACADEMY OF ARTS AND LETTERS reported $13.8M in total revenue and $5.4M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.