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Filing year 2023

The Art Institute of Chicago

Chicago, Illinois·EIN 36-2167725·NTEE B400 · Education·501(c)(3)
Total revenue
$493.8M
Total assets
$2.1B
Total expenses
$348.2M
Reported officers
88

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 21 reported individuals · Filing year 2023

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

President, Museum
Above 90th percentile
$1.1M
$1.3M
Base
$864k
Bonus
Other
$174k
Benefits
$10k
President, School
Above 90th percentile
$784k
$868k
Base
$627k
Bonus
Other
$111k
Benefits
$16k
Coo, Museum - Ended 4/12/24
Above 90th percentile
$704k
$779k
Base
$603k
Bonus
Other
$54k
Benefits
$16k
EVP for Finance and Administration
Executive Vice President
75th to 90th percentilevs Education peers nationwide
$537k
$595k
Base
$454k
Bonus
Other
$39k
Benefits
$16k
Deputy Director and Senior Vp, Curatorial Affairs
Senior Vice President
75th to 90th percentilevs Education peers nationwide
$439k
$486k
Base
$333k
Bonus
Other
$22k
Benefits
$21k
Chief Information Officer
75th to 90th percentilevs Education peers nationwide
$432k
$479k
Base
$224k
Bonus
Other
$26k
Benefits
$22k
Evp, General Counsel, & Secretary
Executive Vice President
75th to 90th percentilevs Education peers nationwide
$432k
$478k
Base
$381k
Bonus
Other
$20k
Benefits
$806
Vp, Engagement, Museum
Board Vice President
Above 90th percentile
$425k
$471k
Base
$308k
Bonus
Other
$33k
Benefits
$9k
Provost & Sr VP Academic Affairs
Board Vice President
Above 90th percentile
$403k
$446k
Base
$333k
Bonus
Other
$28k
Benefits
$14k
Senior Vp, Philanthropy
Senior Vice President
75th to 90th percentilevs Education peers nationwide
$390k
$432k
Base
$339k
Bonus
Other
$361
Benefits
$21k
VP for Campus Operations, School
Board Vice President
75th to 90th percentile
$345k
$382k
Base
$244k
Bonus
Other
$1k
Benefits
$22k
Chief Human Resources Officer
Key Employee
75th to 90th percentile
$334k
$370k
Base
$301k
Bonus
Other
$1k
Benefits
$9k
VP for Enrollment Management
Board Vice President
75th to 90th percentile
$333k
$369k
Base
$303k
Bonus
Other
$1k
Benefits
$1k
Deputy Director and Senior Curator at Large
Highest Compensated Employee
Above 90th percentile
$330k
$365k
Base
$289k
Bonus
Other
$3k
Benefits
$16k
Dean of Faculty and Vice President of Academic Affairs
Board Vice President
75th to 90th percentile
$318k
$353k
Base
$280k
Bonus
Other
Benefits
$17k
Senior VP for People and Culture
Senior Vice President
Median to 75th percentilevs Education peers nationwide
$306k
$338k
Base
$264k
Bonus
Other
$838
Benefits
$18k
Vice President and Dean of Student Affairs
Board Vice President
75th to 90th percentile
$298k
$330k
Base
$241k
Bonus
Other
$25k
Benefits
$16k
Senior Vp, Marketing and Communications
Senior Vice President
Median to 75th percentilevs Education peers nationwide
$295k
$326k
Base
$249k
Bonus
Other
$1k
Benefits
$22k
Vice President for Advancement, Saic
Board Vice President
75th to 90th percentile
$295k
$326k
Base
$239k
Bonus
Other
$23k
Benefits
$9k
Vice President, Campus Operations, Museum
Board Vice President
Median to 75th percentile
$272k
$301k
Base
$229k
Bonus
Other
$760
Benefits
$21k
Former Dean of Faculty/vp Acad Admin
Former Officer/director/trustee
Median to 75th percentilevs Education peers nationwide
$238k
$264k
Base
$220k
Bonus
Other
$1k
Benefits
$17k

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 67 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at The Art Institute of Chicago 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 6%
from 2022

From $1.1M in 2022 to $1.1M in 2023.

$1.1M
2022
$1.1M
2023
In today's dollarsEst.
Up 3% in real terms$1.2M to $1.3M

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.

Pay for the position

Chief Executive Officer pay rose 6% from 2022 to 2023, while revenue rose 37%.

$1.1M in 2022 to $1.1M in 2023.
  • Chief Operating Officer pay rose 5% from 2022 to 2023.
  • Executive Vice President pay rose 2% 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.
Financial trend

Revenue and expenses over time

The Art Institute of Chicago reported revenue and expenses across 2 filing years.

RevenueExpenses
$359.5M
$340M
2022
$493.8M
$348.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Illinois

Comparable education organizations in Illinois pay their highest-earning executive a median of $80,294.

25th percentile
$28k
Median
$80,294
75th percentile
$173k
90th percentile
$306k

These are education sector-wide figures, not this organization's reported pay. Based on 925 organizations across 925 filings (2021 – 2024).

See full Education pay data for Illinois
FAQ

Common questions about The Art Institute of Chicago

What does the Chief Executive Officer of The Art Institute of Chicago earn?

In 2023, the Chief Executive Officer of The Art Institute of Chicago received $1,141,488 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education 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 The Art Institute of Chicago compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2023 pay of the Chief Executive Officer at The Art Institute of Chicago falls in the top 10%. In 2023, the highest total compensation at The Art Institute of Chicago equaled 0.3% of the organization's total expenses. The median for education organizations is 7%.

What are The Art Institute of Chicago's revenue and expenses?

In 2023, The Art Institute of Chicago reported $493.8M in total revenue and $348.2M in total expenses on its IRS Form 990.

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