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Filing year 2023

PENNSYLVANIA ACADEMY OF THE FINE ARTS

Philadelphia, Pennsylvania·EIN 23-1352256·NTEE B400 · Education·501(c)(3)
Total revenue
$17.5M
Total assets
$124.3M
Total expenses
$21.2M
Reported officers
51
Mission

THE ACADEMY OPERATES A POST-SECONDARY EDUCATIONAL PROGRAM IN FINE ARTS AS WELL AS A GALLERY COLLECTION OF AMERICAN ART. IN ADDITION, THE ACADEMY SPONSORS FINE ARTS CLASSES FOR ALL AGES AND FREE ARTS PROGRAMS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

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

President & CEO
Above 90th percentile
$417k
$465k
Base
$367k
Bonus
Other
Benefits
$36k
Chief Administrative Officer
Key Employee
Median to 75th percentile
$258k
$288k
Base
$227k
Bonus
Other
Benefits
$22k
Chief Development Officer
75th to 90th percentilevs Education peers nationwide
$219k
$244k
Base
$192k
Bonus
Other
Benefits
$19k
Executive Dean College of Fine Arts
Highest Compensated Employee
75th to 90th percentile
$214k
$239k
Base
$188k
Bonus
Other
Benefits
$18k
Chief Financial Officer
Median to 75th percentile
$170k
$189k
Base
$149k
Bonus
Other
Benefits
$15k
Chief of Curatorial Affairs
Highest Compensated Employee
25th percentile to median
$147k
$164k
Dean of Students and Enrol
Highest Compensated Employee
Below 10th percentile
$115k
$128k

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 44 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at PENNSYLVANIA ACADEMY OF THE FINE ARTS equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
2%
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 11%
from 2022

From $374k in 2022 to $417k in 2023.

$374k
2022
$417k
2023
In today's dollarsEst.
Up 7% in real terms$435k to $465k

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.

Pay for the position

Chief Executive Officer pay rose 11% from 2022 to 2023, while revenue held roughly steady.

$374k in 2022 to $417k in 2023.
  • Highest Compensated Employee pay fell 6% from 2022 to 2023.
  • Chief Financial Officer pay fell 34% 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 PENNSYLVANIA ACADEMY OF THE FINE ARTS

What does the Chief Executive Officer of PENNSYLVANIA ACADEMY OF THE FINE ARTS earn?

In 2023, the Chief Executive Officer of PENNSYLVANIA ACADEMY OF THE FINE ARTS received $416,843 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Pennsylvania: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PENNSYLVANIA ACADEMY OF THE FINE ARTS compare with similar nonprofits?

Compared with the same role at Education organizations in Pennsylvania, the 2023 pay of the Chief Executive Officer at PENNSYLVANIA ACADEMY OF THE FINE ARTS falls in the top 10%. In 2023, the highest total compensation at PENNSYLVANIA ACADEMY OF THE FINE ARTS equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are PENNSYLVANIA ACADEMY OF THE FINE ARTS's revenue and expenses?

In 2023, PENNSYLVANIA ACADEMY OF THE FINE ARTS reported $17.5M in total revenue and $21.2M in total expenses on its IRS Form 990.

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