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Filing year 2024

MUSICS PROMISE INC

Brooklyn, New York·EIN 87-1288977·NTEE A68 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$1.3M
Total assets
$304k
Total expenses
$1.1M
Reported officers
9
Mission

MUSIC'S PROMISES IS A MUSIC INDUSTRY'S SOCIAL RESPONSIBILITY PROGRAM, ADDRESSING IMPORTANT SOCIAL ISSUES IN THE U.S. AND AROUND THE WORLD. THEY PROVIDE THE INFRASTRUCTURE FOR ARTISTS AND MUSIC COMPANIES TO SUPPORT CAUSES THAT ARE IMPORTANT TO THEM.

Executive compensation

Form 990 · Part VII & 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 New York.

President
Median to 75th percentile
$150k
$162k

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 8 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 MUSICS PROMISE INC equaled 13% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
13%
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 13%
from 2023

From $133k in 2023 to $150k in 2024.

$133k
2023
$150k
2024
In today's dollarsEst.
Up 9% in real terms$149k to $162k

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

Chief Executive Officer pay rose 13% from 2023 to 2024, while revenue rose 124%.

$133k in 2023 to $150k in 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 MUSICS PROMISE INC

What does the Chief Executive Officer of MUSICS PROMISE INC earn?

In 2024, the Chief Executive Officer of MUSICS PROMISE INC received $150,000 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Arts, Culture & Humanities organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MUSICS PROMISE INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in New York, the 2024 pay of the Chief Executive Officer at MUSICS PROMISE INC falls between the median and the 75th percentile. In 2024, the highest total compensation at MUSICS PROMISE INC equaled 13% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are MUSICS PROMISE INC's revenue and expenses?

In 2024, MUSICS PROMISE INC reported $1.3M in total revenue and $1.1M in total expenses on its IRS Form 990.

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