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Filing year 2023

SAN FRANCISCO CONSERVATORY OF MUSIC

San Francisco, California·EIN 94-1156610·NTEE B430 · Education·501(c)(3)
Total revenue
$75.6M
Total assets
$395.3M
Total expenses
$59.1M
Reported officers
40
Mission

THE SAN FRANCISCO CONSERVATORY OF MUSIC (SFCM) EDUCATES EXCEPTIONALLY TALENTED MUSICIANS FROM AROUND THE WORLD TO BECOME ARTISTS OF THE HIGHEST CALIBER, AS WELL AS MUSICAL CITIZENS PREPARED FOR THE CHALLENGES OF THE TWENTY-FIRST CENTURY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

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

President
Above 90th percentile
$1.5M
$1.7M
Base
$725k
Bonus
$500k
Other
$1k
Benefits
$224k
VP of Finance & Admin (thru 6/2/23)
Vice President
75th to 90th percentile
$322k
$351k
Base
$150k
Bonus
$150k
Other
$2k
Benefits
$6k
VP of Advancement (thru 2/2/24)
Board Vice President
75th to 90th percentile
$311k
$339k
Base
$285k
Bonus
Other
$552
Benefits
$11k
VP of Finance and Administration
Vice President
75th to 90th percentile
$293k
$319k
Base
$281k
Bonus
Other
$2k
Benefits
$10k
Collegiate Faculty
Highest Compensated Employee
75th to 90th percentile
$287k
$313k
Base
$247k
Bonus
Other
$552
Benefits
$26k
Collegiate Faculty
Highest Compensated Employee
75th to 90th percentile
$284k
$309k
Base
$245k
Bonus
Other
$2k
Benefits
$24k
Dean and VP of Academic Affairs
Vice President
75th to 90th percentile
$250k
$272k
Base
$237k
Bonus
Other
$315
Benefits
$590
Collegiate Faculty
Highest Compensated Employee
75th to 90th percentile
$247k
$269k
Base
$214k
Bonus
Other
$184
Benefits
$21k
VP of Adm, Mkt & PR (thru 1/31/24)
Board Vice President
Median to 75th percentile
$229k
$250k
Base
$220k
Bonus
Other
$228
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with San Francisco-Oakland-Hayward, CA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 31 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at SAN FRANCISCO CONSERVATORY OF MUSIC equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
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 62%
from 2022

From $933k in 2022 to $1.5M in 2023.

$933k
2022
$1.5M
2023
In today's dollarsEst.
Up 57% in real terms$1.1M to $1.7M

Estimated with San Francisco-Oakland-Hayward, CA 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 62% from 2022 to 2023, while revenue fell 41%.

$933k in 2022 to $1.5M in 2023.
  • Vice President pay rose 7% from 2022 to 2023.
  • Board Vice President pay rose 6% 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 SAN FRANCISCO CONSERVATORY OF MUSIC

What does the Chief Executive Officer of SAN FRANCISCO CONSERVATORY OF MUSIC earn?

In 2023, the Chief Executive Officer of SAN FRANCISCO CONSERVATORY OF MUSIC received $1,516,075 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in California: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SAN FRANCISCO CONSERVATORY OF MUSIC compare with similar nonprofits?

Compared with the same role at Education organizations in California, the 2023 pay of the Chief Executive Officer at SAN FRANCISCO CONSERVATORY OF MUSIC falls in the top 10%. In 2023, the highest total compensation at SAN FRANCISCO CONSERVATORY OF MUSIC equaled 3% of the organization's total expenses. The median for education organizations is 7%.

What are SAN FRANCISCO CONSERVATORY OF MUSIC's revenue and expenses?

In 2023, SAN FRANCISCO CONSERVATORY OF MUSIC reported $75.6M in total revenue and $59.1M in total expenses on its IRS Form 990.

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