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Filing year 2023

The Music Academy

State College, Pennsylvania·EIN 25-1150099·NTEE A6E0 · Arts, Culture & Humanities·3
Total revenue
$243k
Total assets
$70k
Total expenses
$263k
Reported officers
1
Mission

Provides Music Instruction

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations in Pennsylvania.

Director
Board Member
Median to 75th percentile
$33k
$37k

Teal figures restate each filed amount in 2026 dollars.

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

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at The Music Academy equaled 13% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
13%
Sector median
11%
Middle half of sector
5% to 20%

Based on 16,529 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 8%
from 2022

From $31k in 2022 to $33k in 2023.

$31k
2022
$33k
2023
In today's dollarsEst.
Up 4% in real terms$35k to $37k

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

Pay for the position

Board Member pay rose 8% from 2022 to 2023, while revenue fell 13%.

$31k in 2022 to $33k 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 Music Academy

What does the Board Member of The Music Academy earn?

In 2023, the Board Member of The Music Academy received $32,984 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Arts, Culture & Humanities organizations in Pennsylvania, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at The Music Academy compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Pennsylvania, the 2023 pay of the Board Member at The Music Academy falls between the median and the 75th percentile. In 2023, the highest total compensation at The Music Academy equaled 13% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are The Music Academy's revenue and expenses?

In 2023, The Music Academy reported $243k in total revenue and $263k in total expenses on its IRS Form 990.

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