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Filing year 2023

BALTIMORE SYMPHONY ENDOWMENT TRUST

Baltimore, Maryland·EIN 77-0659339·NTEE B11 · Education·501(c)(3)
Total revenue
$16.7M
Total assets
$98.3M
Total expenses
$12.5M
Reported officers
15
Mission

THE ORGANIZATION IS A SUPPORTING ORGANIZATION OF THE BALTIMORE SYMPHONY ORCHESTRA, INC. (BSO) AND EXISTS TO SUPPORT BSO IN ACCOMPLISHING ITS MISSIONS. THE DEPRECIATION EXPENSE OF THE ENDOWMENT TRUST RELATES TO ASSETS USED BY THE BSO IN FURTHERANCE OF ITS MISSIONS.

Executive compensation, broken down

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 Education organizations in Maryland.

Board Member and CEO
Board Member
Above 90th percentile
$155k
$170k
Base
$84k
Bonus
Other
$2k
Benefits
$9k
VP & Chief Advancement Officer
Board Vice President
10th to 25th percentilevs Education peers nationwide
$92k
$102k
Base
$47k
Bonus
Other
$14
Benefits
$11k
SVP & CFO (part Year)
25th percentile to median
$58k
$64k
Base
$35k
Bonus
Other
$18
Benefits
$5k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at BALTIMORE SYMPHONY ENDOWMENT TRUST equaled 1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
1%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 58%
from 2022

From $98k in 2022 to $155k in 2023.

$98k
2022
$155k
2023
In today's dollarsEst.
Up 52% in real terms$112k to $170k

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 58% from 2022 to 2023, while revenue rose 109%.

$98k in 2022 to $155k in 2023.
  • Board Vice President pay rose 8% from 2022 to 2023.
  • Chief Financial Officer pay rose 144% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 BALTIMORE SYMPHONY ENDOWMENT TRUST

What does the Board Member of BALTIMORE SYMPHONY ENDOWMENT TRUST earn?

In 2023, the Board Member of BALTIMORE SYMPHONY ENDOWMENT TRUST received $155,016 in total compensation. This pay is in the top 10% for Board Member roles among Education organizations in Maryland: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at BALTIMORE SYMPHONY ENDOWMENT TRUST compare with similar nonprofits?

Compared with the same role at Education organizations in Maryland, the 2023 pay of the Board Member at BALTIMORE SYMPHONY ENDOWMENT TRUST falls in the top 10%. In 2023, the highest total compensation at BALTIMORE SYMPHONY ENDOWMENT TRUST equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are BALTIMORE SYMPHONY ENDOWMENT TRUST's revenue and expenses?

In 2023, BALTIMORE SYMPHONY ENDOWMENT TRUST reported $16.7M in total revenue and $12.5M in total expenses on its IRS Form 990.

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