TO PROMOTE AND SUPPORT THE EDUCATIONAL, MEDICAL, SCIENTIFIC, AND RESEARCH PURPOSES OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA "MUSC", AND UNIVERSITY MEDICAL ASSOCIATES OF THE MEDICAL UNIVERSITY OF SOUTH CAROLINA "UMA", INCLUDING THEIR COLLABORATIONS WITH MEDICAL UNIVERSITY HOSPITAL AUTHORITY "MUHA", TO OPERATE FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF AND TO CARRY OUT THE TAX-EXEMPT PURPOSE OF MUSC AND UMA, AND ANY OTHER EXISTING OR FUTURE TAX-EXEMPT AFFILIATES OF MUSC OR UMA; AND TO PROMOTE, ESTABLISH, CONDUCT AND MAINTAIN ACTIVITIES ON ITS OWN BEHALF, OR IN COLLABORATIONS OR VENTURES WITH OTHERS, AS SUCH MAY CONTRIBUTE TO OR OTHERWISE SUPPORT AND ASSIST MUSC OR UMA, OR ANY OTHER EXISTING OR FUTURE TAX-EXEMPT AFFILIATES OF MUSC OR UMA, ALL IN ACCORDANCE WITH LAW AND REQUIREMENTS UNDER THE MEANING OF SECTION 501(C)(3) OF THE IRC AND SHALL NOT CARRY ON ANY ACTIVITY NOT PERMITTED UNDER SUCH STATUTE.
Executive compensation
Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Health Care organizations nationwide.
| Position | Total |
|---|---|
Director Board Member Median to 75th percentile | $76k $82k |
CEO & Director 10th to 25th percentilevs Health Care peers in South Carolina | $41k $45k |
Director Board Member 10th to 25th percentile | $19k $21k |
Director Board Member 10th to 25th percentile | $17k $19k |
Secretary Board Secretary 25th percentile to median | $15k $16k |
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 4 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at MUSC STRATEGIC VENTURES equaled 2% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 19%
from 2022
From $63k in 2022 to $76k 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.
Board Member pay rose 19% from 2022 to 2023, while revenue fell 18%.
- Chief Executive Officer pay rose 3% from 2022 to 2023.
- Board Secretary pay rose 21% 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 MUSC STRATEGIC VENTURES
What does the Board Member of MUSC STRATEGIC VENTURES earn?
In 2023, the Board Member of MUSC STRATEGIC VENTURES received $75,500 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Health Care organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at MUSC STRATEGIC VENTURES compare with similar nonprofits?
Compared with the same role at Health Care organizations nationwide, the 2023 pay of the Board Member at MUSC STRATEGIC VENTURES falls between the median and the 75th percentile. In 2023, the highest total compensation at MUSC STRATEGIC VENTURES equaled 2% of the organization's total expenses. The median for health care organizations is 4%.
What are MUSC STRATEGIC VENTURES's revenue and expenses?
In 2023, MUSC STRATEGIC VENTURES reported $4.3M in total revenue and $4.8M in total expenses on its IRS Form 990.
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