Skip to main content
Filing year 2023

CLEVELAND INSTITUTE OF MUSIC

Cleveland, Ohio·EIN 34-0714600·NTEE B500 · Education·501(c)(3)
Total revenue
$37M
Total assets
$152.9M
Total expenses
$31.8M
Reported officers
45
Mission

THE CLEVELAND INSTITUTE OF MUSIC'S MISSION IS TO EMPOWER THE WORLD'S MOST TALENTED CLASSICAL MUSIC STUDENTS TO FULFILL THEIR DREAMS AND POTENTIAL.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Ohio.

President/ceo
Above 90th percentile
$611k
$675k
Base
$515k
Bonus
Other
Benefits
$25k
Executive VP & Provost
Executive Vice President
Median to 75th percentilevs Education peers nationwide
$279k
$308k
Base
$227k
Bonus
Other
Benefits
$33k
CFO
75th to 90th percentile
$211k
$234k
Base
$199k
Bonus
Other
Benefits
$1k
VP Academic & Student Affairs, Dean
Board Vice President
75th to 90th percentile
$206k
$228k
Base
$194k
Bonus
Other
Benefits
$12k
Faculty
Highest Compensated Employee
Median to 75th percentile
$200k
$221k
Base
$150k
Bonus
Other
Benefits
$37k
Faculty
Highest Compensated Employee
Median to 75th percentile
$190k
$209k
Base
$188k
Bonus
Other
Benefits
$776
Chief Marketing Officer
Key Employee
Median to 75th percentile
$171k
$189k
Base
$162k
Bonus
Other
Benefits
$10k
Faculty
Highest Compensated Employee
Median to 75th percentile
$167k
$184k
Base
$154k
Bonus
Other
Benefits
$1k
Faculty
Highest Compensated Employee
Median to 75th percentile
$157k
$173k
Base
$145k
Bonus
Other
Benefits
$805
Faculty
Highest Compensated Employee
Median to 75th percentile
$157k
$173k
Base
$145k
Bonus
Other
Benefits
$869
Asst. Secretary
Secretary (Operational)
25th percentile to medianvs Education peers nationwide
$34k
$37k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 34 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CLEVELAND INSTITUTE OF MUSIC equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
2%
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.

Funded by

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

Down 14%
from 2022

From $714k in 2022 to $611k in 2023.

$714k
2022
$611k
2023
In today's dollarsEst.
Down 18% in real terms$819k to $675k

Estimated with BLS CPI-U for the Midwest region, 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 fell 14% from 2022 to 2023, while revenue rose 11%.

$714k in 2022 to $611k in 2023.
  • Executive Vice President pay fell 2% from 2022 to 2023.
  • Chief Financial Officer pay rose 40% 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 CLEVELAND INSTITUTE OF MUSIC

What does the Chief Executive Officer of CLEVELAND INSTITUTE OF MUSIC earn?

In 2023, the Chief Executive Officer of CLEVELAND INSTITUTE OF MUSIC received $611,258 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Ohio: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CLEVELAND INSTITUTE OF MUSIC compare with similar nonprofits?

Compared with the same role at Education organizations in Ohio, the 2023 pay of the Chief Executive Officer at CLEVELAND INSTITUTE OF MUSIC falls in the top 10%. In 2023, the highest total compensation at CLEVELAND INSTITUTE OF MUSIC equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are CLEVELAND INSTITUTE OF MUSIC's revenue and expenses?

In 2023, CLEVELAND INSTITUTE OF MUSIC reported $37M in total revenue and $31.8M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.