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Filing year 2024

Music Performance Trust Fund

New York, New York·EIN 13-6295168·NTEE A120 · Arts, Culture & Humanities·3
Total revenue
$6M
Total assets
$11M
Total expenses
$5.8M
Reported officers
8
Mission

THE MUSIC PERFORMANCE TRUST FUND (MPTF) was established in 1948 as a nonprofit independent public service organization whose mission includes contributing to the public knowledge and appreciation of music. Headquartered in New York City, the tax-exempt MPTF, operating under section 501(c)(3) of the Internal Revenue Code, evolved from a landmark collective bargaining agreement between the American Federation of Musicians and the major recording companies of the day. We seek to enrich the lives of the general public, young and old, through music. To make music and music education an exciting experience and to expand it to every child's life experience. Today the MPTF is a vital organization that brings music to the public and provides admission-free, live quality music performed by professional musicians to the public of all backgrounds throughout the United States and Canada. MPTF supplements the income of musicians, all at no cost to those receiving this precious gift of music.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

Trustee
board member
$260k
$281k
Base
$150k
Bonus
$50k
Other
Benefits
$37k
Director of Finance
$192k
$208k
Base
$135k
Bonus
$5k
Other
Benefits
$36k
Director, Grant Management
highest compensated employee
$167k
$180k
Base
$99k
Bonus
$4k
Other
Benefits
$53k
Senior Director, Grant Management
highest compensated employee
$148k
$159k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA 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.

Browse compensation in Arts, Culture & Humanities

Up 45%
from 2023

From $179k in 2023 to $260k in 2024.

$179k
2023
$260k
2024
In today's dollarsEst.
Up 39% in real terms$201k to $281k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Music Performance Trust Fund reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.9M
$5.9M
2023
$6M
$5.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Arts, Culture & Humanities executives earn in New York

Comparable arts, culture & humanities organizations in New York pay their highest-earning executive a median of $71,214.

25th percentile
$26k
Median
$71,214
75th percentile
$161k
90th percentile
$321k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 608 organizations across 608 filings (2021 – 2023).

See full Arts, Culture & Humanities pay data for New York
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