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.
- Base
- $204k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Chairman,pres Board Chair Above 90th percentile | $204k | — | — | — | $204k $220k |
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.
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%.
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.
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.
Board Chair pay held roughly steady from 2023 to 2024, while revenue rose 51%.
- 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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
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.
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