The mission of National Merit Scholarship Corporation (NMSC) is to recognize and honor the academically talented students of the United States. NMSC accomplishes its mission by conducting nationwide academic scholarship programs. The enduring goals of NMSC's scholarship programs are: to promote a wider and deeper respect for learning in general and for exceptionally talented individuals in particular; to shine a spotlight on brilliant students and encourage the pursuit of academic excellence at all levels of education; and to stimulate increased support from individuals and organizations that wish to sponsor scholarships for outstanding scholastic talent.
Executive compensation, broken down
Form 990 · Schedule J · 8 reported individuals · Filing year 2024
| Base salary | Bonus | Other compensation | Benefits | Executive compensation | |
|---|---|---|---|---|---|
Vice President and Treasurer vice president $251k $268k | |||||
Scholar & Donor Svcs (until 1/24/25) highest compensated employee $204k $219k | |||||
Exec. Director of IT chief information officer $187k $200k | |||||
Vice President vice president $185k $198k | |||||
Director of IT chief information officer $169k $181k | |||||
Exec. Dir. of Sponsor Services highest compensated employee $165k $177k | |||||
Exec. Dir. of Public Information highest compensated employee $159k $170k | |||||
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 21 unpaid individuals.
Up 4%
from 2023
From $523k in 2023 to $546k 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.
Revenue and expenses over time
National Merit Scholarship Corporation reported revenue and expenses across 2 filing years.
What Education executives earn in Illinois
Comparable education organizations in Illinois pay their highest-earning executive a median of $78,409.
These are education sector-wide figures, not this organization's reported pay. Based on 877 organizations across 877 filings (2021 – 2024).
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