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Filing year 2023

BAM ENDOWMENT TRUST

Brooklyn, New York·EIN 11-3112268·3
Total revenue
$4.3M
Total assets
$89.9M
Total expenses
$13.5M
Reported officers
11
Mission

THE BAM ENDOWMENT TRUST OPERATES EXCLUSIVELY FOR THE BENEFIT OF THE BROOKLYN ACADEMY OF MUSIC, INC.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Treasurer
25th percentile to median
$54k
$60k

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 10 unpaid individuals.

Up 11%
from 2022

From $48k in 2022 to $54k in 2023.

$48k
2022
$54k
2023
In today's dollarsEst.
Up 7% in real terms$56k to $60k

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 Financial Officer pay rose 11% from 2022 to 2023, while revenue rose 203%.

$48k in 2022 to $54k in 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.
Financial trend

Revenue and expenses over time

BAM ENDOWMENT TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.4M
$12.6M
2022
$4.3M
$13.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about BAM ENDOWMENT TRUST

What does the Chief Financial Officer of BAM ENDOWMENT TRUST earn?

In 2023, the Chief Financial Officer of BAM ENDOWMENT TRUST received $53,780 in total compensation. This pay is below the median (the midpoint) for Chief Financial Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at BAM ENDOWMENT TRUST compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Financial Officer at BAM ENDOWMENT TRUST falls between the 25th percentile and the median.

What are BAM ENDOWMENT TRUST's revenue and expenses?

In 2023, BAM ENDOWMENT TRUST reported $4.3M in total revenue and $13.5M in total expenses on its IRS Form 990.

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