The Institute provides classical music scholarships primarily to children from 5 to 17 years of age, but also to some adults. The instruction is in individual instruments, chamber ensembles, and small orchestra. It also presents public concert recitals of these students and their teachers.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Pennsylvania.
| Position | Total |
|---|---|
Consultant Key Employee Below 10th percentile | $6k $6k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 3 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at NBS CLASSICAL MUSIC INSTITUTE INC equaled 5% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education 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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about NBS CLASSICAL MUSIC INSTITUTE INC
What does the Key Employee of NBS CLASSICAL MUSIC INSTITUTE INC earn?
In 2023, the Key Employee of NBS CLASSICAL MUSIC INSTITUTE INC received $5,500 in total compensation. This pay is in the bottom 10% for Key Employee roles among Education organizations in Pennsylvania: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.
How does Key Employee pay at NBS CLASSICAL MUSIC INSTITUTE INC compare with similar nonprofits?
Compared with the same role at Education organizations in Pennsylvania, the 2023 pay of the Key Employee at NBS CLASSICAL MUSIC INSTITUTE INC falls in the bottom 10%. In 2023, the highest total compensation at NBS CLASSICAL MUSIC INSTITUTE INC equaled 5% of the organization's total expenses. The median for education organizations is 7%.
What are NBS CLASSICAL MUSIC INSTITUTE INC's revenue and expenses?
In 2023, NBS CLASSICAL MUSIC INSTITUTE INC reported $50k in total revenue and $107k in total expenses on its IRS Form 990.
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