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Filing year 2023

BROOKLYN ACADEMY OF MUSIC INC

Brooklyn, New York·EIN 11-2201344·501(c)(3)
Total revenue
$47.1M
Total assets
$146.4M
Total expenses
$40.8M
Reported officers
54
Mission

THE MISSION OF BAM IS TO BE THE HOME FOR CURIOUS PEOPLE AND ADVENTUROUS IDEAS. BAM SUPPORTS ARTISTIC EXPERIMENTATION AND CHAMPIONS INCLUSION AND ACCESSIBILITY THROUGHOUT THE ARTS AS PRESENTER, ACTIVATOR, AND CONNECTOR.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2023

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

President
Above 90th percentile
$573k
$643k
Base
$520k
Bonus
Other
$582
Benefits
$16k
Artistic Director (outgoing)
Officer (Unspecified)
$446k
$501k
Base
$380k
Bonus
Other
$832
Benefits
$29k
CFO & VP of Finance
Above 90th percentile
$373k
$418k
Base
$318k
Bonus
Other
$342
Benefits
$18k
General Counsel & Secretary
Secretary (Operational)
Above 90th percentile
$355k
$399k
Base
$291k
Bonus
Other
$2k
Benefits
$29k
VP of Creative Social Impact
Vice President
Above 90th percentile
$329k
$369k
Base
$257k
Bonus
Other
$1k
Benefits
$42k
Vice President and Senior Producer
Senior Vice President
Median to 75th percentile
$289k
$324k
Base
$243k
Bonus
Other
$378
Benefits
$19k
Avp, Major Gifts & Init.(outgoing)
Highest Compensated Employee
75th to 90th percentile
$278k
$312k
Base
$215k
Bonus
Other
$19k
Benefits
$19k
Director of Marketing (outgoing)
Director (Operational)
Above 90th percentile
$260k
$292k
Base
$58k
Bonus
Other
$135k
Benefits
$45k
Artistic Director (incoming)
Director (Operational)
Above 90th percentile
$259k
$291k
Base
$216k
Bonus
Other
$4k
Benefits
$15k
Chief People Officer
Officer (Unspecified)
$259k
$290k
Base
$227k
Bonus
Other
$538
Benefits
$6k
VP of Marketing & Comm. (outgoing)
Vice President
Above 90th percentile
$256k
$287k
Base
$211k
Bonus
Other
$5k
Benefits
$16k
Associate Vp, IT
Board Vice President
75th to 90th percentile
$247k
$277k
Base
$195k
Bonus
Other
$2k
Benefits
$29k
Sr. Director of Finance (outgoing)
75th to 90th percentile
$220k
$246k
Base
$151k
Bonus
Other
$26k
Benefits
$23k
Chief Growth Officer (incoming)
Officer (Unspecified)
$212k
$238k
Base
$191k
Bonus
Other
Benefits
Director of Institutional Giving
Highest Compensated Employee
Median to 75th percentile
$205k
$230k
Base
$169k
Bonus
Other
$842
Benefits
$16k

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 39 unpaid individuals.

Funded by

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

Down 11%
from 2022

From $641k in 2022 to $573k in 2023.

$641k
2022
$573k
2023
In today's dollarsEst.
Down 14% in real terms$747k to $643k

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 35% from 2022 to 2023, while revenue rose 1%.

$423k in 2022 to $573k in 2023.
  • Chief Financial Officer pay fell 21% from 2022 to 2023.
  • Vice President pay fell 26% 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.
Financial trend

Revenue and expenses over time

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

RevenueExpenses
$46.6M
$51.9M
2022
$47.1M
$40.8M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about BROOKLYN ACADEMY OF MUSIC INC

What does the Chief Executive Officer of BROOKLYN ACADEMY OF MUSIC INC earn?

In 2023, the Chief Executive Officer of BROOKLYN ACADEMY OF MUSIC INC received $572,954 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BROOKLYN ACADEMY OF MUSIC INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at BROOKLYN ACADEMY OF MUSIC INC falls in the top 10%.

What are BROOKLYN ACADEMY OF MUSIC INC's revenue and expenses?

In 2023, BROOKLYN ACADEMY OF MUSIC INC reported $47.1M in total revenue and $40.8M in total expenses on its IRS Form 990.

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