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Filing year 2023

CURTIS INSTITUTE OF MUSIC

Philadelphia, Pennsylvania·EIN 23-1585611·NTEE A6E0 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$24.9M
Total assets
$385.3M
Total expenses
$33.5M
Reported officers
43
Mission

THE CURTIS INSTITUTE OF MUSIC, LOCATED IN PHILADELPHIA, PENNSYLVANIA, WAS FOUNDED IN 1924 TO EDUCATE AND TRAIN EXCEPTIONALLY GIFTED YOUNG MUSICIANS TO ENGAGE A GLOBAL COMMUNITY THROUGH MUSIC. (CONTINUED ON SCHEDULE O.)THE INSTITUTE IS A TUITION-FREE MUSIC CONSERVATORY THAT IS SUPPORTED PRIMARILY BY ENDOWMENT AND ANNUAL GIVING.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations in Pennsylvania.

President/trustee
Above 90th percentile
$986k
$1.1M
Base
$699k
Bonus
Other
$23k
Benefits
$25k
Treasurer
Above 90th percentile
$348k
$388k
Base
$292k
Bonus
Other
$23k
Benefits
$9k
Sr VP Digital Strategy & Innovation
Board Vice President
Above 90th percentilevs Arts, Culture & Humanities peers nationwide
$281k
$313k
Base
$230k
Bonus
Other
$23k
Benefits
$8k
Provost and Artistic Director
Key Employee
75th to 90th percentilevs Arts, Culture & Humanities peers nationwide
$245k
$273k
Base
$206k
Bonus
Other
$23k
Benefits
$8k
Vice President, People & Culture
Board Vice President
75th to 90th percentilevs Arts, Culture & Humanities peers nationwide
$216k
$241k
Base
$198k
Bonus
Other
Benefits
$6k
Faculty Member
Highest Compensated Employee
75th to 90th percentile
$207k
$230k
Base
$162k
Bonus
Other
Benefits
$19k
Dir Assessment & Accred./faculty Mbr
Highest Compensated Employee
75th to 90th percentile
$206k
$230k
Base
$175k
Bonus
Other
Benefits
$25k
Faculty Member
Highest Compensated Employee
75th to 90th percentile
$196k
$218k
Base
$159k
Bonus
Other
Benefits
$12k
Managing Director of Development
Median to 75th percentilevs Arts, Culture & Humanities peers nationwide
$175k
$195k
Base
$155k
Bonus
Other
Benefits
$7k
Trustee/dean
Board Member
Above 90th percentile
$172k
$192k
Base
$149k
Bonus
Other
Benefits
$20k
VP Touring and Artist Management
Board Vice President
Median to 75th percentilevs Arts, Culture & Humanities peers nationwide
$163k
$182k
Base
$143k
Bonus
Other
Benefits
$8k
Secretary
Secretary (Operational)
75th to 90th percentilevs Arts, Culture & Humanities peers nationwide
$121k
$135k
Trustee/faculty Member/assoc. Dean
Board Member
Above 90th percentile
$115k
$128k
Trustee/faculty Member
Board Member
Median to 75th percentile
$38k
$42k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 29 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CURTIS INSTITUTE OF MUSIC equaled 3% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
3%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities 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.

Up 12%
from 2022

From $884k in 2022 to $986k in 2023.

$884k
2022
$986k
2023
In today's dollarsEst.
Up 7% in real terms$1M to $1.1M

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 12% from 2022 to 2023, while revenue fell 43%.

$884k in 2022 to $986k in 2023.
  • Chief Financial Officer pay held roughly steady from 2022 to 2023.
  • Board Vice President pay rose 2% 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 CURTIS INSTITUTE OF MUSIC

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

In 2023, the Chief Executive Officer of CURTIS INSTITUTE OF MUSIC received $986,035 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Pennsylvania: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

Compared with the same role at Arts, Culture & Humanities organizations in Pennsylvania, the 2023 pay of the Chief Executive Officer at CURTIS INSTITUTE OF MUSIC falls in the top 10%. In 2023, the highest total compensation at CURTIS INSTITUTE OF MUSIC equaled 3% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

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

In 2023, CURTIS INSTITUTE OF MUSIC reported $24.9M in total revenue and $33.5M in total expenses on its IRS Form 990.

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