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Filing year 2023

NORTH CAROLINA MUSEUM OF ART FOUNDATION

Raleigh, North Carolina·EIN 23-7071511·NTEE A110 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$20.3M
Total assets
$89.7M
Total expenses
$16.4M
Reported officers
34
Mission

THE NORTH CAROLINA MUSEUM OF ART STEWARDS AND SHARES THE PEOPLE'S ART COLLECTION AND INSPIRES CREATIVITY BY CONNECTING OUR DIVERSE COMMUNITIES TO CULTURAL AND NATURAL RESOURCES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

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

CEO
Above 90th percentilevs Arts, Culture & Humanities peers in North Carolina
$228k
$249k
Base
$98k
Bonus
$125k
Other
Benefits
$5k
CFO
75th to 90th percentile
$201k
$220k
Base
$182k
Bonus
Other
Benefits
$19k
Chief Adv. Officer (thru 11/30/23)
Highest Compensated Employee
75th to 90th percentile
$193k
$210k
Base
$178k
Bonus
Other
Benefits
$15k
Dir. of Development & Membership
Highest Compensated Employee
Median to 75th percentile
$161k
$176k
Base
$153k
Bonus
Other
Benefits
$8k
Director of Ncma Campaign
Highest Compensated Employee
25th percentile to median
$142k
$155k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 29 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NORTH CAROLINA MUSEUM OF ART FOUNDATION equaled 1% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
1%
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 19%
from 2022

From $192k in 2022 to $228k in 2023.

$192k
2022
$228k
2023
In today's dollarsEst.
Up 14% in real terms$219k to $249k

Estimated with BLS CPI-U for the South region, 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 132% from 2022 to 2023, while revenue rose 8%.

$98k in 2022 to $228k in 2023.
  • Chief Financial Officer pay rose 10% from 2022 to 2023.
  • Highest Compensated Employee pay held roughly steady 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 NORTH CAROLINA MUSEUM OF ART FOUNDATION

What does the Chief Executive Officer of NORTH CAROLINA MUSEUM OF ART FOUNDATION earn?

In 2023, the Chief Executive Officer of NORTH CAROLINA MUSEUM OF ART FOUNDATION received $228,029 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Arts, Culture & Humanities organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NORTH CAROLINA MUSEUM OF ART FOUNDATION compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in North Carolina, the 2023 pay of the Chief Executive Officer at NORTH CAROLINA MUSEUM OF ART FOUNDATION falls in the top 10%. In 2023, the highest total compensation at NORTH CAROLINA MUSEUM OF ART FOUNDATION equaled 1% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are NORTH CAROLINA MUSEUM OF ART FOUNDATION's revenue and expenses?

In 2023, NORTH CAROLINA MUSEUM OF ART FOUNDATION reported $20.3M in total revenue and $16.4M in total expenses on its IRS Form 990.

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