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Filing year 2024

Cape Fear Academy

Wilmington, North Carolina·EIN 56-6075566·NTEE B200 · Education·3
Total revenue
$21.2M
Total assets
$51.1M
Total expenses
$19.6M
Reported officers
23
Mission

To operate a private school for pre-kindergarten through grade 12 in Wilmington, NC

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2024

Head of School
officer (unspecified)
$298k
$317k
Base
$268k
Bonus
Other
Benefits
Assistant Head of School for Academics
officer (unspecified)
$145k
$154k
Former Director of Advancement
former officer/director/trustee
$135k
$143k
Base
$112k
Bonus
Other
Benefits
Director of Middle School
highest compensated employee
$135k
$143k
Former Assistant Head of School for Finance
former officer/director/trustee
$133k
$141k
Base
$128k
Bonus
Other
Benefits
Director of Upper School
highest compensated employee
$110k
$117k
Director of Technology
highest compensated employee
$110k
$117k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Browse compensation in Education

Up 19%
from 2023

From $251k in 2023 to $298k in 2024.

$251k
2023
$298k
2024
In today's dollarsEst.
Up 15% in real terms$274k to $317k

Estimated with BLS CPI-U for the South region, 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

Cape Fear Academy reported revenue and expenses across 2 filing years.

RevenueExpenses
$19.4M
$17.5M
2023
$21.2M
$19.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in North Carolina

Comparable education organizations in North Carolina pay their highest-earning executive a median of $98,060.

25th percentile
$53k
Median
$98,060
75th percentile
$172k
90th percentile
$317k

These are education sector-wide figures, not this organization's reported pay. Based on 365 organizations across 365 filings (2021 – 2023).

See full Education pay data for North Carolina
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