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Filing year 2024

SOLOMON INSTITUTE INC

Palm Beach, Florida·EIN 88-2748300·NTEE W70 · Public & Societal Benefit·501(c)(3)
Total revenue
$724k
Total assets
$80k
Total expenses
$647k
Reported officers
17
Mission

To cultivate future leaders who have a strong ethical identity and moral compass and want to give back to their communities. Solomons unique formula gives participants a broad perspective on leadership, success, and the underpinning character and skills needed for effective leadership. This enables participants to envision themselves as strong leaders of the future, giving them the drive to aggressively pursue their goals and have greater influence as leaders.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

Chapter Liason
Key Employee
25th percentile to median
$100k
$106k
Education Director
Key Employee
25th percentile to median
$80k
$85k
Director of Operations
10th to 25th percentile
$65k
$69k
CEO
10th to 25th percentilevs Public & Societal Benefit peers in Florida
$52k
$55k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at SOLOMON INSTITUTE INC equaled 15% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
15%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit 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 25%
from 2023

From $80k in 2023 to $100k in 2024.

$80k
2023
$100k
2024
In today's dollarsEst.
Up 21% in real terms$88k to $106k

Estimated with Miami-Fort Lauderdale-West Palm Beach, FL 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

Key Employee pay rose 25% from 2023 to 2024, while revenue rose 3%.

$80k in 2023 to $100k in 2024.
  • Chief Operating Officer pay fell 17% from 2023 to 2024.
  • Chief Executive Officer pay fell 17% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 SOLOMON INSTITUTE INC

What does the Key Employee of SOLOMON INSTITUTE INC earn?

In 2024, the Key Employee of SOLOMON INSTITUTE INC received $100,000 in total compensation. This pay is below the median (the midpoint) for Key Employee roles among Public & Societal Benefit organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at SOLOMON INSTITUTE INC compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Key Employee at SOLOMON INSTITUTE INC falls between the 25th percentile and the median. In 2024, the highest total compensation at SOLOMON INSTITUTE INC equaled 15% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are SOLOMON INSTITUTE INC's revenue and expenses?

In 2024, SOLOMON INSTITUTE INC reported $724k in total revenue and $647k in total expenses on its IRS Form 990.

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