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Filing year 2023

HEIFETZ INTERNATIONAL MUSIC INSTITUTE INC

Staunton, Virginia·EIN 52-1959289·NTEE A6E0 · Arts, Culture & Humanities·3
Total revenue
$1.7M
Total assets
$326k
Total expenses
$1.9M
Reported officers
21
Mission

THE MISSION OF THE HEIFETZ INSTITUTE IS TO DEVELOP THE EXPRESSIVE POTENTIAL OF EVERY PERFORMER. THROUGH INNOVATIVE PERFORMANCE AND COMMUNICATION TRAINING, THE INSTITUTE TRAINS MUSICIANS TO REDEFINE THE CONCERT EXPERIENCE BY CONVEYING THE EMOTION OF THEIR MUSIC AND EXPLORING THEIR CREATIVE POTENTIAL. THE UNDERLYING PHILOSOPHY IS THAT ARTISTS EXPRESS THEIR INDIVIDUALITY NOT ONLY THROUGH TECHNICALLY ROBUST MUSIC-MAKING, BUT ALSO THROUGH EMOTIONAL AND PHYSICAL ENGAGEMENT WITH THE MUSIC THEY PLAY.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2023

$118k
$128k
Base
$115k
Bonus
Other
Benefits
$3k

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 20 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Down 25%
from 2022

From $157k in 2022 to $118k in 2023.

$157k
2022
$118k
2023
In today's dollarsEst.
Down 28% in real terms$179k to $128k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

HEIFETZ INTERNATIONAL MUSIC INSTITUTE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$2M
$2M
2022
$1.7M
$1.9M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Arts, Culture & Humanities executives earn in Virginia

Comparable arts, culture & humanities organizations in Virginia pay their highest-earning executive a median of $64,100.

25th percentile
$26k
Median
$64,100
75th percentile
$118k
90th percentile
$224k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 123 organizations across 123 filings (2022 – 2023).

See full Arts, Culture & Humanities pay data for Virginia
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