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Filing year 2023

PRATT INSTITUTE

Brooklyn, New York·EIN 11-1630822·NTEE B430 · Education·501(c)(3)
Total revenue
$398.1M
Total assets
$797.6M
Total expenses
$335.5M
Reported officers
33
Mission

THE MISSION OF PRATT INSTITUTE IS TO EDUCATE ARTISTS AND CREATIVE PROFESSIONALS TO BE RESPONSIBLE CONTRIBUTORS TO SOCIETY. FOR MORE INFORMATION, SEE SCHEDULE O.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2023

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

President and Trustee
Board Member
Above 90th percentile
$1M
$1.2M
Base
$689k
Bonus
$263k
Other
$4k
Benefits
$51k
VP for Finance and Administration
Vice President
75th to 90th percentile
$429k
$482k
Base
$366k
Bonus
Other
$2k
Benefits
$46k
Provost
Officer (Unspecified)
$386k
$433k
Base
$350k
Bonus
Other
$2k
Benefits
$16k
VP for Enrollment Management
Board Vice President
75th to 90th percentile
$352k
$395k
Base
$290k
Bonus
Other
$2k
Benefits
$45k
Interim VP for Institutional Adv.
Board Vice President
75th to 90th percentile
$325k
$364k
Base
$289k
Bonus
Other
$257
Benefits
$20k
Dean - School of Design
Highest Compensated Employee
75th to 90th percentile
$318k
$357k
Base
$254k
Bonus
Other
$2k
Benefits
$48k
VP of IT & CIO
Chief Information Officer
Median to 75th percentile
$308k
$346k
Base
$275k
Bonus
Other
$2k
Benefits
$16k
VP of Institu. Adv. (thru 05/2023)
Board Vice President
Median to 75th percentile
$301k
$338k
Base
$201k
Bonus
Other
$90k
Benefits
$1k
Former Provost
Former Officer/director/trustee
Median to 75th percentile
$248k
$278k
Base
$194k
Bonus
Other
$779
Benefits
$39k
Former Faculty Trustee
Board Member
75th to 90th percentile
$172k
$193k
Base
$118k
Bonus
Other
$95
Benefits
$48k
Faculty Trustee (as of 07/2023)
Board Member
75th to 90th percentile
$138k
$155k
Faculty Trustee (as of 07/2023)
Board Member
75th to 90th percentile
$138k
$154k
Former Faculty Trustee
Board Member
Median to 75th percentile
$104k
$117k
Base
$99k
Bonus
Other
Benefits
$877
Undergr. Stud. Trus. (as of 07/2023)
Board Member
10th to 25th percentile
$8k
$9k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 19 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at PRATT INSTITUTE equaled 0.3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.3%
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 8%
from 2022

From $945k in 2022 to $1M in 2023.

$945k
2022
$1M
2023
In today's dollarsEst.
Up 5% in real terms$1.1M to $1.2M

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 8% from 2022 to 2023, while revenue rose 18%.

$945k in 2022 to $1M in 2023.
  • Vice President pay rose 4% from 2022 to 2023.
  • Board Vice President pay fell 4% 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 PRATT INSTITUTE

What does the Board Member of PRATT INSTITUTE earn?

In 2023, the Board Member of PRATT INSTITUTE received $1,024,999 in total compensation. This pay is in the top 10% for Board Member roles among Education organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at PRATT INSTITUTE compare with similar nonprofits?

Compared with the same role at Education organizations in New York, the 2023 pay of the Board Member at PRATT INSTITUTE falls in the top 10%. In 2023, the highest total compensation at PRATT INSTITUTE equaled 0.3% of the organization's total expenses. The median for education organizations is 7%.

What are PRATT INSTITUTE's revenue and expenses?

In 2023, PRATT INSTITUTE reported $398.1M in total revenue and $335.5M in total expenses on its IRS Form 990.

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