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Filing year 2024

FRIENDS OF SOUTH FLORIDA MUSIC INC

Miami, Florida·EIN 81-4918286·NTEE A61 · Arts, Culture & Humanities·3
Total revenue
$278k
Total assets
$433k
Total expenses
$274k
Reported officers
7
Mission

FRIENDS OF SOUTH FLORIDA MUSIC (FSFM) PROMOTES MUSIC EDUCATION AND DEVELOPMENT FOR CHILDREN OF ALL AGES AND ABILITIES IN UNDERSERVED AREAS OF MIAMI-DADE COUNTY.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

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

Executive Di
Median to 75th percentile
$82k
$87k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at FRIENDS OF SOUTH FLORIDA MUSIC INC 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 16,529 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 28%
from 2023

From $64k in 2023 to $82k in 2024.

$64k
2023
$82k
2024
In today's dollarsEst.
Up 25% in real terms$69k to $87k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 28% from 2023 to 2024, while revenue rose 2%.

$64k in 2023 to $82k in 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 FRIENDS OF SOUTH FLORIDA MUSIC INC

What does the Chief Executive Officer of FRIENDS OF SOUTH FLORIDA MUSIC INC earn?

In 2024, the Chief Executive Officer of FRIENDS OF SOUTH FLORIDA MUSIC INC received $81,616 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Florida, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FRIENDS OF SOUTH FLORIDA MUSIC INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Florida, the 2024 pay of the Chief Executive Officer at FRIENDS OF SOUTH FLORIDA MUSIC INC falls between the median and the 75th percentile. In 2024, the highest total compensation at FRIENDS OF SOUTH FLORIDA MUSIC INC equaled 30% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are FRIENDS OF SOUTH FLORIDA MUSIC INC's revenue and expenses?

In 2024, FRIENDS OF SOUTH FLORIDA MUSIC INC reported $278k in total revenue and $274k in total expenses on its IRS Form 990.

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