Skip to main content
Filing year 2024

Music Performance Trust Fund

New York, New York·EIN 13-6295168·NTEE A120 · Arts, Culture & Humanities·501(c)(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 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations in New York.

Trustee
Board Member
Above 90th percentile
$260k
$281k
Base
$150k
Bonus
$50k
Other
Benefits
$37k
Director of Finance
Median to 75th percentile
$192k
$208k
Base
$135k
Bonus
$5k
Other
Benefits
$36k
Director, Grant Management
Highest Compensated Employee
Median to 75th percentile
$167k
$180k
Base
$99k
Bonus
$4k
Other
Benefits
$53k
Senior Director, Grant Management
Highest Compensated Employee
25th percentile to median
$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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Music Performance Trust Fund equaled 4% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
4%
Sector median
11%
Middle half of sector
5% to 20%

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.

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.

Pay for the position

Board Member pay rose 48% from 2023 to 2024, while revenue held roughly steady.

$175k in 2023 to $260k in 2024.
  • Chief Financial Officer pay rose 7% from 2023 to 2024.
  • Highest Compensated Employee pay rose 21% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Music Performance Trust Fund

What does the Board Member of Music Performance Trust Fund earn?

In 2024, the Board Member of Music Performance Trust Fund received $259,673 in total compensation. This pay is in the top 10% for Board Member roles among Arts, Culture & Humanities organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at Music Performance Trust Fund compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in New York, the 2024 pay of the Board Member at Music Performance Trust Fund falls in the top 10%. In 2024, the highest total compensation at Music Performance Trust Fund equaled 4% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are Music Performance Trust Fund's revenue and expenses?

In 2024, Music Performance Trust Fund reported $6M in total revenue and $5.8M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.