Executive compensation
Form 990-PF · Part VIII · 16 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois.
| Position | Total |
|---|---|
Ceo, President Above 90th percentile | $541k $599k |
Cfo, Asst Sec/treasurer Above 90th percentile | $382k $423k |
Exec Vice President Board Vice President Above 90th percentile | $312k $346k |
Director Unclassified | $10k $11k |
Director/vice-chair Unclassified | $10k $11k |
Director/secretary Unclassified | $10k $11k |
Director Unclassified | $10k $11k |
Director Unclassified | $10k $11k |
Director/treasurer Unclassified | $10k $11k |
Director Unclassified | $10k $11k |
Director Unclassified | $10k $11k |
Director Unclassified | $10k $11k |
Director Unclassified | $10k $11k |
Director/chair (former) Unclassified | $5k $6k |
Director Unclassified | $5k $6k |
Director Unclassified | $5k $6k |
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 3 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2023, the highest total compensation at TERRA FOUNDATION FOR AMERICAN ART equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.
Grants paid
Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.
Total granted
$14.3M
Itemized grants
199
Median grant
$50k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| NATIONAL MUSEUM OF MEXICAN ART | CHICAGO, IL | ART EDUCATION | $343k |
| AMISTAD RESEARCH CENTER | NEW ORLEANS, LA | ART EDUCATION | $300k |
| HYDE PARK ART CENTER | CHICAGO, IL | ART EDUCATION | $300k |
| MUSEUM OF FINE ARTS HOUSTON | HOUSTON, TX | ART EDUCATION | $250k |
| PORTLAND ART MUSEUM | PORTLAND, OR | ART EDUCATION | $250k |
| BROOKLYN INSTITUTE OF ARTS AND SCIENCES | BROOKLYN, NY | ART EDUCATION | $225k |
| BALTIMORE MUSEUM OF ART INC | BALTIMORE, MD | ART EDUCATION | $200k |
| BIENNALE OF SYDNEY | AS | ART EDUCATION | $200k |
| CLEVELAND MUSEUM OF ART | CLEVELAND, OH | ART EDUCATION | $200k |
| FELLS POINT CREATIVE ALLIANCE INC | BALTIMORE, MD | ART EDUCATION | $200k |
| MODERNA MUSEET STOCKHOLM | SW | ART EDUCATION | $200k |
| ROYAL ACADEMY OF ARTS | UK | ART EDUCATION | $200k |
| SMITHSONIAN INSTITUTE | WASHINGTON, DC | ART EDUCATION | $200k |
| WALKER ART CENTER INC | MINNEAPOLIS, MN | ART EDUCATION | $200k |
| CHANCELLOR MASTERS & SCHOLARS OF THE UNIVERSITY OF OXFORD | UK | ART EDUCATION | $195k |
| THE UNIVERSITY OF SYDNEY | AS | ART EDUCATION | $184k |
| SMITHSONIAN INSTITUTE | WASHINGTON, DC | ART EDUCATION | $168k |
| SMITHSONIAN ASIAN PACIFIC AMERICAN CENTER (APAC) | WASHINGTON, DC | ART EDUCATION | $165k |
| AKETE ART FOUNDATION | LOUISIANA, NI | ART EDUCATION | $150k |
| AMERICAN MUSEUM OF THE MOVING IMAGE | ASTORIA, NY | ART EDUCATION | $150k |
| ASSOCIATION OF HISTORIANS OF AMERICAN ART | OVIEDO, FL | ART EDUCATION | $150k |
| BMA SUPPORT INC | BIRMINGHAM, AL | ART EDUCATION | $150k |
| BROOKLYN INSTITUTE OF ARTS AND SCIENCES | BROOKLYN, NY | ART EDUCATION | $150k |
| BURKE MUSEUM ASSOCIATION | SEATTLE, WA | ART EDUCATION | $150k |
| CENTER FOR CURATORIAL LEADERSHIP | NEW YORK, NY | ART EDUCATION | $150k |
Up 5%
from 2022
From $515k in 2022 to $541k in 2023.
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 5% from 2022 to 2023, while revenue rose 5479%.
- Chief Financial Officer pay rose 5% from 2022 to 2023.
- Board Vice President pay fell 7% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about TERRA FOUNDATION FOR AMERICAN ART
What does the Chief Executive Officer of TERRA FOUNDATION FOR AMERICAN ART earn?
In 2023, the Chief Executive Officer of TERRA FOUNDATION FOR AMERICAN ART received $540,815 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking 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 TERRA FOUNDATION FOR AMERICAN ART compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2023 pay of the Chief Executive Officer at TERRA FOUNDATION FOR AMERICAN ART falls in the top 10%. In 2023, the highest total compensation at TERRA FOUNDATION FOR AMERICAN ART equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are TERRA FOUNDATION FOR AMERICAN ART's revenue and expenses?
In 2023, TERRA FOUNDATION FOR AMERICAN ART reported $25.1M in total revenue and $25.1M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.
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