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Filing year 2023

NEW ENGLAND CONSERVATORY OF MUSIC

Boston, Massachusetts·EIN 23-7225104·NTEE B430 · Education·501(c)(3)
Total revenue
$80.2M
Total assets
$290.3M
Total expenses
$79.5M
Reported officers
38
Mission

NEW ENGLAND CONSERVATORY OF MUSIC (NEC) EDUCATES AND TRAINS MUSICIANS OF ALL AGES FROM AROUND THE WORLD.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Massachusetts.

Executive Vice President
75th to 90th percentilevs Education peers nationwide
$506k
Base
$433k
Bonus
$50k
Other
$435
Benefits
$6k
President
Above 90th percentile
$501k
Base
$394k
Bonus
—
Other
$724
Benefits
$89k
Provost & Dean of Faculty
Key Employee
Median to 75th percentile
$310k
Base
$274k
Bonus
—
Other
$388
Benefits
$23k
VP & Chief Information Officer
75th to 90th percentilevs Education peers nationwide
$284k
Base
$238k
Bonus
—
Other
$252
Benefits
$36k
College Faculty
Highest Compensated Employee
75th to 90th percentile
$281k
Base
$259k
Bonus
—
Other
$721
Benefits
$12k
College Faculty
Highest Compensated Employee
75th to 90th percentile
$265k
Base
$211k
Bonus
—
Other
$11k
Benefits
$34k
College Faculty
Highest Compensated Employee
Median to 75th percentile
$220k
Base
$165k
Bonus
—
Other
$10k
Benefits
$37k
College Faculty
Highest Compensated Employee
Median to 75th percentile
$209k
Base
$178k
Bonus
—
Other
$1k
Benefits
$21k
College Faculty
Highest Compensated Employee
Median to 75th percentile
$199k
Base
$180k
Bonus
—
Other
—
Benefits
$11k
Former CFO & Treasurer
Former Officer/director/trustee
25th percentile to median
$116k
Base
$101k
Bonus
—
Other
$274
Benefits
$11k

Plus 28 unpaid individuals.

Browse compensation in Education →

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NEW ENGLAND CONSERVATORY OF MUSIC equaled 0.6% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.6%
Sector median
7%
Middle half of sector
2% to 17%

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.

Up 14%
from 2022

From $442k in 2022 to $506k in 2023.

$442k
2022
$506k
2023
Pay for the position

Executive Vice President pay rose 35% from 2022 to 2023, while revenue fell 13%.

$374k in 2022 to $506k in 2023.
  • Chief Executive Officer pay rose 13% from 2022 to 2023.
  • Key Employee pay rose 5% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 NEW ENGLAND CONSERVATORY OF MUSIC

What does the Executive Vice President of NEW ENGLAND CONSERVATORY OF MUSIC earn?

In 2023, the Executive Vice President of NEW ENGLAND CONSERVATORY OF MUSIC received $505,627 in total compensation. This pay is in the top quarter for Executive Vice President roles among Education organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Executive Vice President pay at NEW ENGLAND CONSERVATORY OF MUSIC compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Executive Vice President at NEW ENGLAND CONSERVATORY OF MUSIC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at NEW ENGLAND CONSERVATORY OF MUSIC equaled 0.6% of the organization's total expenses. The median for education organizations is 7%.

What are NEW ENGLAND CONSERVATORY OF MUSIC's revenue and expenses?

In 2023, NEW ENGLAND CONSERVATORY OF MUSIC reported $80.2M in total revenue and $79.5M in total expenses on its IRS Form 990.

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