Skip to main content
Filing year 2024

EDISON INNOVATION FOUNDATION

Newark, New Jersey·EIN 22-3442892·NTEE A800 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$940k
Total assets
$2.5M
Total expenses
$684k
Reported officers
4
Mission

TO PRESERVE AND PROMOTE THE HISTORICAL FACILITIES AND PAPERS OF THOMAS EDISON WHERE AND IN WHICH HE INVENTED THE PRODUCTS THAT SHAPED THE MODERN WORLD;TO BENEFIT ALL STUDENTS PROVIDING THE NECESSARY SKILLS TO PURSUE CAREERS IN SCIENCE AND TECHNOLOGY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

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

Chairman,pres
Board Chair
Above 90th percentile
$204k
$220k
Base
$204k
Bonus
Other
Benefits
Exec Vice Pres
Officer (Unspecified)
$83k
$89k
Treasurer/secr
Officer (Unspecified)
$25k
$27k
Vice President
10th to 25th percentile
$12k
$13k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at EDISON INNOVATION FOUNDATION equaled 30% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
30%
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.

Held steady
from 2023

From $204k in 2023 to $204k in 2024.

$204k
2023
$204k
2024
In today's dollarsEst.
Down 4% in real terms$228k to $220k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Chair pay held roughly steady from 2023 to 2024, while revenue rose 51%.

$204k in 2023 to $204k in 2024.
  • Vice President pay held roughly steady from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 EDISON INNOVATION FOUNDATION

What does the Board Chair of EDISON INNOVATION FOUNDATION earn?

In 2024, the Board Chair of EDISON INNOVATION FOUNDATION received $203,500 in total compensation. This pay is in the top 10% for Board Chair roles among Arts, Culture & Humanities organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Chair pay at EDISON INNOVATION FOUNDATION compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations nationwide, the 2024 pay of the Board Chair at EDISON INNOVATION FOUNDATION falls in the top 10%. In 2024, the highest total compensation at EDISON INNOVATION FOUNDATION equaled 30% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are EDISON INNOVATION FOUNDATION's revenue and expenses?

In 2024, EDISON INNOVATION FOUNDATION reported $940k in total revenue and $684k 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.