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Filing year 2023

THE MUSIC ACADEMY FOUNDATION INC

Garden City, New York·EIN 83-3200894·NTEE A12 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$599k
Total assets
$603k
Total expenses
$560k
Reported officers
6
Mission

To promote the musical arts through financial assistance for high-quality music programs in and out of public and private schools, by providing instruments to local school music programs and scholarships to talented music students.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

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

Presidentexecutive Director
Median to 75th percentile
$104k
$117k
Treasurerdirector
Officer (Unspecified)
$21k
$24k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

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 FOUNDATION INC equaled 19% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
19%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

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

FAQ

Common questions about THE MUSIC ACADEMY FOUNDATION INC

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

In 2023, the Chief Executive Officer of THE MUSIC ACADEMY FOUNDATION INC received $104,000 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Arts, Culture & Humanities organizations in New York, within the top half of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Arts, Culture & Humanities organizations in New York, the 2023 pay of the Chief Executive Officer at THE MUSIC ACADEMY FOUNDATION INC falls between the median and the 75th percentile. In 2023, the highest total compensation at THE MUSIC ACADEMY FOUNDATION INC equaled 19% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are THE MUSIC ACADEMY FOUNDATION INC's revenue and expenses?

In 2023, THE MUSIC ACADEMY FOUNDATION INC reported $599k in total revenue and $560k in total expenses on its IRS Form 990.

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