THE FIT FOUNDATION PROVIDES SCHOLARSHIPS, FUNDRAISING ACTIVITIES, PROGRAM SUPPORT AND SUBSIDIES TO THE FASHION INSTITUTE OF TECHNOLOGY AND ITS COMPONENT UNITS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $102k
- Bonus
- —
- Other
- —
- Benefits
- $44k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Assistant to VP Board Vice President Median to 75th percentile | $102k | — | — | $44k | $157k $176k |
Chief Executive Officer 25th percentile to median | — | — | — | — | $45k $50k |
Chief Financial Officer 10th to 25th percentile | — | — | — | — | $10k $11k |
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.
Plus 36 unpaid individuals.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Down 30%
from 2022
From $224k in 2022 to $157k in 2023.
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 Vice President pay fell 6% from 2022 to 2023, while revenue rose 38%.
- Chief Executive Officer pay held roughly steady from 2022 to 2023.
- Chief Financial Officer pay held roughly steady from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
FASHION INSTITUTE OF TECHNOLOGY FOUNDATION reported revenue and expenses across 2 filing years.
Common questions about FASHION INSTITUTE OF TECHNOLOGY FOUNDATION
What does the Board Vice President of FASHION INSTITUTE OF TECHNOLOGY FOUNDATION earn?
In 2023, the Board Vice President of FASHION INSTITUTE OF TECHNOLOGY FOUNDATION received $156,595 in total compensation. This pay is above the median (the midpoint) for Board Vice President roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Vice President pay at FASHION INSTITUTE OF TECHNOLOGY FOUNDATION compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Vice President at FASHION INSTITUTE OF TECHNOLOGY FOUNDATION falls between the median and the 75th percentile.
What are FASHION INSTITUTE OF TECHNOLOGY FOUNDATION's revenue and expenses?
In 2023, FASHION INSTITUTE OF TECHNOLOGY FOUNDATION reported $7.2M in total revenue and $7.4M in total expenses on its IRS Form 990.
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