GRANTS ARE MADE ACCORDING TO THE TRUST AGRREMENT DATED 2/23/1976.KEYBANK, AS TRUSTEE, MAKES DISTRIBUTIONS TO THE CLEVELAND MUSEUMOF ART TO MAKE ART PURCHASES. UNDER THE OHIO INSTITUTIONAL TRUSTFUNDS ACT OF 1999, THE BENEFICIARY HAS CHOSEN TO RECEIVE THE MAXIMUMOF INCOME BASE ON THE GREATER OF 5 PERCENT OF AFV OR TRADITIONAL INCOME.KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OFTHE BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION. PLEASENOTE THE CHARITY HAS A RIGHT TO REMOVE THE TRUSTEE, AND THE TRUSTEEHAS THE AUTHORITY TO AMEND THE DOCUMENT TO INSURE THE CONTINUATIONTO QUALIFY AS A 509A3. KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF EACH BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION
Executive compensation
Form 990 · Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations in Ohio.
| Position | Total |
|---|---|
Trustee Board Member 75th to 90th percentile | $50k $54k |
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.
Top pay as a share of expenses
In 2024, the highest total compensation at CMA-SEVERANCE MILLIKIN TA equaled 12% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
Based on 16,529 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 11%
from 2023
From $45k in 2023 to $50k in 2024.
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.
Board Member pay rose 11% from 2023 to 2024, while revenue rose 538%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
CMA-SEVERANCE MILLIKIN TA reported revenue and expenses across 2 filing years.
What Arts, Culture & Humanities executives earn in Ohio
Comparable arts, culture & humanities organizations in Ohio pay their highest-earning executive a median of $59,303.
These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 529 organizations across 529 filings (2022 – 2024).
See full Arts, Culture & Humanities pay data for Ohio →Common questions about CMA-SEVERANCE MILLIKIN TA
What does the Board Member of CMA-SEVERANCE MILLIKIN TA earn?
In 2024, the Board Member of CMA-SEVERANCE MILLIKIN TA received $50,021 in total compensation. This pay is in the top quarter for Board Member roles among Arts, Culture & Humanities organizations in Ohio, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at CMA-SEVERANCE MILLIKIN TA compare with similar nonprofits?
Compared with the same role at Arts, Culture & Humanities organizations in Ohio, the 2024 pay of the Board Member at CMA-SEVERANCE MILLIKIN TA falls between the 75th and 90th percentiles. In 2024, the highest total compensation at CMA-SEVERANCE MILLIKIN TA equaled 12% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
What are CMA-SEVERANCE MILLIKIN TA's revenue and expenses?
In 2024, CMA-SEVERANCE MILLIKIN TA reported $1.3M in total revenue and $417k in total expenses on its IRS Form 990.
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