THE LOUISVILLE ACADEMY OF MUSIC WELCOMES EVERYONE TO JOIN OUR MUSICAL COMMUNITY. LAM NURTURES LIFELONG LEARNERS, NOT SOLELY AS MUSICIANS BUT ALSO AS CREATIVE, INSPIRED PEOPLE. EQUITY IN MUSIC EDUCATION IS A FORCE TO REALIZE POTENTIAL, ACHIEVE DREAMS, AND MAKE THE WORLD A BETTER PLACE.
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations in Kentucky.
| Position | Total |
|---|---|
Executive Director 25th percentile to median | $61k $67k |
Director Board Member 25th percentile to medianvs Arts, Culture & Humanities peers nationwide | $8k $8k |
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 8 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at LOUISVILLE ACADEMY OF MUSIC equaled 9% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Held steady
from 2022
From $61k in 2022 to $61k in 2023.
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.
Chief Executive Officer pay held roughly steady from 2022 to 2023, while revenue rose 26%.
- Board Member pay rose 19% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about LOUISVILLE ACADEMY OF MUSIC
What does the Chief Executive Officer of LOUISVILLE ACADEMY OF MUSIC earn?
In 2023, the Chief Executive Officer of LOUISVILLE ACADEMY OF MUSIC received $61,353 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Kentucky, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at LOUISVILLE ACADEMY OF MUSIC compare with similar nonprofits?
Compared with the same role at Arts, Culture & Humanities organizations in Kentucky, the 2023 pay of the Chief Executive Officer at LOUISVILLE ACADEMY OF MUSIC falls between the 25th percentile and the median. In 2023, the highest total compensation at LOUISVILLE ACADEMY OF MUSIC equaled 9% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
What are LOUISVILLE ACADEMY OF MUSIC's revenue and expenses?
In 2023, LOUISVILLE ACADEMY OF MUSIC reported $860k in total revenue and $721k in total expenses on its IRS Form 990.
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