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Filing year 2023

THE ACADEMY OF MUSIC

Norfolk, Virginia·EIN 54-1764269·NTEE B90Z · Education·501(c)(3)
Total revenue
$778k
Total assets
$2.1M
Total expenses
$650k
Reported officers
16
Mission

TO BRING THE JOYS AND BENEFITS OF LEARNING MUSIC TO THE RESIDENTS OF HAMPTON ROADS REGARDLESS OF ABILITY TO PAY.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

Executive Di
Median to 75th percentile
$112k
$123k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 15 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE ACADEMY OF MUSIC equaled 17% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
17%
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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE ACADEMY OF MUSIC

What does the Chief Executive Officer of THE ACADEMY OF MUSIC earn?

In 2023, the Chief Executive Officer of THE ACADEMY OF MUSIC received $112,426 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Virginia, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE ACADEMY OF MUSIC compare with similar nonprofits?

Compared with the same role at Education organizations in Virginia, the 2023 pay of the Chief Executive Officer at THE ACADEMY OF MUSIC falls between the median and the 75th percentile. In 2023, the highest total compensation at THE ACADEMY OF MUSIC equaled 17% of the organization's total expenses. The median for education organizations is 7%.

What are THE ACADEMY OF MUSIC's revenue and expenses?

In 2023, THE ACADEMY OF MUSIC reported $778k in total revenue and $650k in total expenses on its IRS Form 990.

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