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Filing year 2024

The Foundation for the Advancement of Music & Education

Upper Marlboro, Maryland·EIN 59-3836026·NTEE B90 · Education·501(c)(3)
Total revenue
$696k
Total assets
$246k
Total expenses
$653k
Reported officers
10
Mission

FAME prepares middle and high school students for college and career through a four-pronged approach ...music instruction, academic support college preparation, and career readiness.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Executive Director
Median to 75th percentile
$125k
$133k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at The Foundation for the Advancement of Music & Education equaled 19% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
19%
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.

Down 12%
from 2023

From $143k in 2023 to $125k in 2024.

$143k
2023
$125k
2024
In today's dollarsEst.
Down 15% in real terms$156k to $133k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV 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 fell 12% from 2023 to 2024, while revenue fell 9%.

$143k in 2023 to $125k in 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 The Foundation for the Advancement of Music & Education

What does the Chief Executive Officer of The Foundation for the Advancement of Music & Education earn?

In 2024, the Chief Executive Officer of The Foundation for the Advancement of Music & Education received $125,000 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Maryland, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at The Foundation for the Advancement of Music & Education compare with similar nonprofits?

Compared with the same role at Education organizations in Maryland, the 2024 pay of the Chief Executive Officer at The Foundation for the Advancement of Music & Education falls between the median and the 75th percentile. In 2024, the highest total compensation at The Foundation for the Advancement of Music & Education equaled 19% of the organization's total expenses. The median for education organizations is 7%.

What are The Foundation for the Advancement of Music & Education's revenue and expenses?

In 2024, The Foundation for the Advancement of Music & Education reported $696k in total revenue and $653k in total expenses on its IRS Form 990.

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