THE OLD TOWN SCHOOL OF FOLK MUSIC TEACHES AND CELEBRATES MUSIC AND CULTURAL EXPRESSIONS ROOTED IN THE TRADITIONS OF DIVERSE AMERICAN AND GLOBAL COMMUNITIES.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations in Illinois.
- Base
- $253k
- Bonus
- —
- Other
- —
- Benefits
- $51k
- Base
- $253k
- Bonus
- —
- Other
- —
- Benefits
- $12k
- Base
- $162k
- Bonus
- $20k
- Other
- —
- Benefits
- $414
- Base
- $135k
- Bonus
- —
- Other
- —
- Benefits
- $16k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO (thru 9/2024) Above 90th percentile | $253k | — | — | $51k | $310k $332k |
Dir. of Institutional Adva Key Employee 75th to 90th percentilevs Arts, Culture & Humanities peers nationwide | $253k | — | — | $12k | $271k $290k |
Dir. of Ed. (thru 10/2024), CEO 75th to 90th percentile | $162k | $20k | — | $414 | $183k $196k |
Sr Director of Programming Highest Compensated Employee Median to 75th percentilevs Arts, Culture & Humanities peers nationwide | $135k | — | — | $16k | $155k $166k |
CFO Median to 75th percentile | — | — | — | — | $129k $138k |
CEO (10/2024-11/2024) Median to 75th percentile | — | — | — | — | $102k $109k |
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 26 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at OLD TOWN SCHOOL OF FOLK MUSIC equaled 2% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
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 14%
from 2023
From $273k in 2023 to $310k 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.
Chief Executive Officer pay rose 14% from 2023 to 2024, while revenue held roughly steady.
- Key Employee pay rose 8% from 2023 to 2024.
- Highest Compensated Employee pay rose 3% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about OLD TOWN SCHOOL OF FOLK MUSIC
What does the Chief Executive Officer of OLD TOWN SCHOOL OF FOLK MUSIC earn?
In 2024, the Chief Executive Officer of OLD TOWN SCHOOL OF FOLK MUSIC received $309,787 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Illinois: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at OLD TOWN SCHOOL OF FOLK MUSIC compare with similar nonprofits?
Compared with the same role at Arts, Culture & Humanities organizations in Illinois, the 2024 pay of the Chief Executive Officer at OLD TOWN SCHOOL OF FOLK MUSIC falls in the top 10%. In 2024, the highest total compensation at OLD TOWN SCHOOL OF FOLK MUSIC equaled 2% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.
What are OLD TOWN SCHOOL OF FOLK MUSIC's revenue and expenses?
In 2024, OLD TOWN SCHOOL OF FOLK MUSIC reported $14M in total revenue and $15M in total expenses on its IRS Form 990.
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