GRANTS ARE MADE ACCORDING TO THE TRUST AGREEMENT DATED JULY 8, 1920 TO THE CLEVELAND MUSEUM OF ART. THE TRUSTEES ARE DIRECTED TO PAY NET INCOME FROM THE TRUST TO THE CLEVELAND MUSEUM OF ART TO BE USED TO PURCHASE WORKS OF ART TO BE EXHIBITED IN ITS MUSEUM BUILDING. UNDER THE OHIO INSTITUTIONAL TRUST FUNDS ACT OF 1999, THE BENEFICIARY HAS CHOSEN TO RECEIVE THE MAXIMUM OF INCOME BASED ON THE GREATER OF 5% OF AFV OR TRADITIONAL INCOME.KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF THE BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
| Position | Total |
|---|---|
Trustee Board Member Median to 75th percentile | $35k $37k |
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.
Up 62%
from 2023
From $21k in 2023 to $35k in 2024.
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.
Board Member pay rose 62% from 2023 to 2024, while revenue rose 553%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
J H WADE FOR CLEVELAND MUSEUM OF ART reported revenue and expenses across 2 filing years.
Common questions about J H WADE FOR CLEVELAND MUSEUM OF ART
What does the Board Member of J H WADE FOR CLEVELAND MUSEUM OF ART earn?
In 2024, the Board Member of J H WADE FOR CLEVELAND MUSEUM OF ART received $34,837 in total compensation. This pay is above the median (the midpoint) for Board Member roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at J H WADE FOR CLEVELAND MUSEUM OF ART compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Member at J H WADE FOR CLEVELAND MUSEUM OF ART falls between the median and the 75th percentile.
What are J H WADE FOR CLEVELAND MUSEUM OF ART's revenue and expenses?
In 2024, J H WADE FOR CLEVELAND MUSEUM OF ART reported $6.4M in total revenue and $1.9M in total expenses on its IRS Form 990.
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