TO PROMOTE MUSIC APPRECIATION AMONG YOUTH BY PROVIDING OPPORTUNITIES FOR CONCERT PERFORMANCES.
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 Illinois.
| Position | Total |
|---|---|
President 10th to 25th percentile | $10k $11k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 4 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at MAGICAL STRINGS OF YOUTH NFP equaled 6% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
Based on 16,529 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 33%
from 2023
From $15k in 2023 to $10k in 2024.
Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 33% from 2023 to 2024, while revenue rose 28%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MAGICAL STRINGS OF YOUTH NFP
What does the Chief Executive Officer of MAGICAL STRINGS OF YOUTH NFP earn?
In 2024, the Chief Executive Officer of MAGICAL STRINGS OF YOUTH NFP received $10,000 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Illinois, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MAGICAL STRINGS OF YOUTH NFP compare with similar nonprofits?
Compared with the same role at Arts, Culture & Humanities organizations in Illinois, the 2024 pay of the Chief Executive Officer at MAGICAL STRINGS OF YOUTH NFP falls between the 10th and 25th percentiles. In 2024, the highest total compensation at MAGICAL STRINGS OF YOUTH NFP equaled 6% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
What are MAGICAL STRINGS OF YOUTH NFP's revenue and expenses?
In 2024, MAGICAL STRINGS OF YOUTH NFP reported $165k in total revenue and $159k in total expenses on its IRS Form 990.
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