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Filing year 2024

HERMAN J ALBRECHT LIBRARY IMA

Cleveland, Ohio·EIN 30-0377654·NTEE T23 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$554k
Total assets
$14.9M
Total expenses
$156k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Ohio.

Director
Unclassified
$15k
$16k
Vice President
Board Vice President
25th percentile to median
$15k
$16k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 1 unpaid individual.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at HERMAN J ALBRECHT LIBRARY IMA equaled 10% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
10%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$39k

Itemized grants

1

Median grant

$39k

RecipientLocationPurposeAmount
HERMAN J ALBRECHT LIBRARYCLEVELAND, OHLIBRARY BOOKS$39k

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about HERMAN J ALBRECHT LIBRARY IMA

What does the Board Vice President of HERMAN J ALBRECHT LIBRARY IMA earn?

In 2024, the Board Vice President of HERMAN J ALBRECHT LIBRARY IMA received $15,000 in total compensation. This pay is below the median (the midpoint) for Board Vice President roles among Philanthropy, Voluntarism & Grantmaking organizations in Ohio, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Vice President pay at HERMAN J ALBRECHT LIBRARY IMA compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Ohio, the 2024 pay of the Board Vice President at HERMAN J ALBRECHT LIBRARY IMA falls between the 25th percentile and the median. In 2024, the highest total compensation at HERMAN J ALBRECHT LIBRARY IMA equaled 10% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are HERMAN J ALBRECHT LIBRARY IMA's revenue and expenses?

In 2024, HERMAN J ALBRECHT LIBRARY IMA reported $554k in total revenue and $156k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.