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Filing year 2024

BYRD HOFFMAN WATER MILL FOUNDATION

New York, New York·EIN 13-4144013·NTEE A65 · Arts, Culture & Humanities·3
Total revenue
$3.6M
Total assets
$44.1M
Total expenses
$4M
Reported officers
16
Mission

BYRD HOFFMAN WATER MILL FOUNDATION A/K/A THE WATERMILL CENTER (FOUNDATION, INCORPORATED IN 1970, WAS FOUNDED FOR THE DEVELOPMENT OF EMERGING ARTISTS AND THE PROMOTION OF INNOVATIVE PERFORMING AND VISUAL ARTS, AS WELL AS TO COLLECT, PRESERVE, AND EXHIBIT VARIOUS ARTWORKS. THE FOUNDATION OPERATES THE WATERMILL CENTER (CENTER),WHICH WAS FOUNDED IN 1992 BY ROBERT WILSON ON EASTERN LONG ISLAND, NEW YORK. THE CENTER PROVIDES A PLACE FOR STUDY AND PARTICIPATION IN THE ARTISTIC AND THEATRICAL ENDEAVORS.

Executive compensation, broken down

Form 990 · Schedule J · 5 reported individuals · Filing year 2024

Artistic Director
unclassified
$165k
$178k
Base
$150k
Bonus
Other
Benefits
$15k
Managing Dir.
officer (unspecified)
$163k
$176k
Base
$150k
Bonus
Other
Benefits
$13k
Dir. of Finance
unclassified
$149k
$161k
Artist Prog. Dir.
unclassified
$149k
$161k
Dir. Ext. Affairs
unclassified
$117k
$127k

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 11 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Held roughly steady
over 3 years

From $162k in 2021 to $165k in 2024.

$162k
2021
$162k
2023
$165k
2024
In today's dollarsEst.
Down 11% in real terms$200k to $178k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

BYRD HOFFMAN WATER MILL FOUNDATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$2.4M
$3.5M
2021
$7.1M
$4M
2023
$3.6M
$4M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Arts, Culture & Humanities executives earn in New York

Comparable arts, culture & humanities organizations in New York pay their highest-earning executive a median of $71,214.

25th percentile
$26k
Median
$71,214
75th percentile
$161k
90th percentile
$321k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 608 organizations across 608 filings (2021 – 2023).

See full Arts, Culture & Humanities pay data for New York
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