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Filing year 2023

The Lab School of Memphis Inc

Memphis, Tennessee·EIN 92-1145530·NTEE B20 · Education·501(c)(3)
Total revenue
$336k
Total assets
$94k
Total expenses
$431k
Reported officers
1
Mission

Our approach combines the most effective aspects of many different educational philosophies. Like Waldorf, we believe in a holistic education. Similar to Montessori, we dont emphasize grades or tests, and respect each learners uniqueness. As popularized by unschooling methods, we believe in giving young people a level of freedom in what they stud

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 Tennessee.

Executive Director
Below 10th percentile
$12k
$13k

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.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at The Lab School of Memphis Inc equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
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.

Down 55%
from 2022

From $27k in 2022 to $12k in 2023.

$27k
2022
$12k
2023
In today's dollarsEst.
Down 57% in real terms$30k to $13k

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.

Pay for the position

Chief Executive Officer pay fell 55% from 2022 to 2023, while revenue fell 6%.

$27k in 2022 to $12k in 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.

Among peers

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

FAQ

Common questions about The Lab School of Memphis Inc

What does the Chief Executive Officer of The Lab School of Memphis Inc earn?

In 2023, the Chief Executive Officer of The Lab School of Memphis Inc received $12,017 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Education organizations in Tennessee: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at The Lab School of Memphis Inc compare with similar nonprofits?

Compared with the same role at Education organizations in Tennessee, the 2023 pay of the Chief Executive Officer at The Lab School of Memphis Inc falls in the bottom 10%. In 2023, the highest total compensation at The Lab School of Memphis Inc equaled 3% of the organization's total expenses. The median for education organizations is 7%.

What are The Lab School of Memphis Inc's revenue and expenses?

In 2023, The Lab School of Memphis Inc reported $336k in total revenue and $431k in total expenses on its IRS Form 990.

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