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Filing year 2023

DURHAM ACADEMY INC

Durham, North Carolina·EIN 56-0538019·NTEE B200 · Education·501(c)(3)

DURHAM ACADEMY INC's highest-paid officer, the Ex Officio Durham Academy Head of School, was reported at $793,518 for 2023 (IRS Form 990), including base pay and other compensation. Reported Ex Officio Durham Academy Head of School pay ranged from $472,161 to $793,518 between 2022 and 2023.

Total revenue
$45.3M
Total assets
$118.3M
Total expenses
$43.7M
Reported officers
40
Mission

THE PURPOSE OF DURHAM ACADEMY IS TO PROVIDE EACH STUDENT AN EDUCATION THAT WILL ENABLE HIM OR HER TO LIVE A MORAL, HAPPY AND PRODUCTIVE LIFE. THE DEVELOPMENT OF INTELLECT IS CENTRAL TO SUCH A LIFE AND, THUS, INTELLECTUAL ENDEAVOR AND GROWTH ARE THE PRIMARY WORK OF THE SCHOOL. THE ACQUISITION OF KNOWLEDGE; THE DEVELOPMENT OF SKILLS, CRITICAL JUDGMENT AND INTELLECTUAL CURIOSITY; AND INCREASED UNDERSTANDING ARE THE GOALS OF THE SCHOOL'S ACADEMIC PROGRAM.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2023

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

Ex Officio Durham Academy Head of School
Officer (Unspecified)
$794k
Base
$760k
Bonus
—
Other
—
Benefits
$12k
Associate Head of School
Officer (Unspecified)
$236k
Base
$215k
Bonus
—
Other
—
Benefits
$10k
Director of Strategic Init
Key Employee
75th to 90th percentile
$208k
Base
$187k
Bonus
—
Other
—
Benefits
$8k
Director of Middle School
Key Employee
75th to 90th percentile
$194k
Base
$172k
Bonus
—
Other
—
Benefits
$13k
Director of Upper School
Key Employee
75th to 90th percentile
$187k
Base
$166k
Bonus
—
Other
—
Benefits
$8k
Director of Facilities Ser
Key Employee
75th to 90th percentile
$185k
Base
$165k
Bonus
—
Other
—
Benefits
$8k
Director of Business Services
Key Employee
75th to 90th percentile
$184k
Base
$167k
Bonus
—
Other
—
Benefits
$4k
Director of Lower School
Key Employee
Median to 75th percentile
$182k
Base
$161k
Bonus
—
Other
—
Benefits
$8k
Director of Enrollment Man
Key Employee
Median to 75th percentile
$176k
Base
$156k
Bonus
—
Other
—
Benefits
$8k
Director of Philanthropy
Highest Compensated Employee
Median to 75th percentile
$159k
Base
$154k
Bonus
—
Other
—
Benefits
—
Director of Technology
Highest Compensated Employee
Median to 75th percentile
$155k
Base
$134k
Bonus
—
Other
—
Benefits
$10k
Director of Athletics
Highest Compensated Employee
25th percentile to median
$149k
Director of Diversity,equity, Inclusion
Highest Compensated Employee
25th percentile to median
$142k
MS Steam Teacher
Highest Compensated Employee
25th percentile to median
$136k
Chief Financial Operations Officer
Median to 75th percentile
$132k

Plus 25 unpaid individuals.

Browse compensation in Education →

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at DURHAM ACADEMY INC 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.

Up 68%
from 2022

From $472k in 2022 to $794k in 2023.

$472k
2022
$794k
2023
Pay for the position

Key Employee pay fell 37% from 2022 to 2023, while revenue rose 6%.

$333k in 2022 to $208k in 2023.
  • Highest Compensated Employee pay rose 12% 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 DURHAM ACADEMY INC

What does the Key Employee of DURHAM ACADEMY INC earn?

In 2023, the Key Employee of DURHAM ACADEMY INC received $208,350 in total compensation. This pay is in the top quarter for Key Employee roles among Education organizations in North Carolina, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at DURHAM ACADEMY INC compare with similar nonprofits?

Compared with the same role at Education organizations in North Carolina, the 2023 pay of the Key Employee at DURHAM ACADEMY INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at DURHAM ACADEMY INC equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are DURHAM ACADEMY INC's revenue and expenses?

In 2023, DURHAM ACADEMY INC reported $45.3M in total revenue and $43.7M in total expenses on its IRS Form 990.

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