Skip to main content
Filing year 2024

The Music Coop

Excelsior, Minnesota·EIN 82-5413428·NTEE A68 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$205k
Total assets
$33k
Total expenses
$213k
Reported officers
8
Mission

Provide private music lessons at an affordable or below market rate music education to children and adults and offer additional scholarship discounts to those in need.

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2024

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

Executive Director
25th percentile to median
$54k
$57k
Managing Director
Key Employee
25th percentile to medianvs Arts, Culture & Humanities peers nationwide
$42k
$44k
Director
Board Member
Median to 75th percentile
$33k
$35k
Director
Board Member
Median to 75th percentile
$16k
$17k
Financial Administrator
Officer (Unspecified)
$3k
$3k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at The Music Coop equaled 25% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
25%
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.

Up 15%
from 2023

From $47k in 2023 to $54k in 2024.

$47k
2023
$54k
2024
In today's dollarsEst.
Up 12% in real terms$51k to $57k

Estimated with Minneapolis-St.Paul-Bloomington, MN-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 17% from 2023 to 2024, while revenue fell 8%.

$46k in 2023 to $54k in 2024.
  • Board Member pay rose 5% from 2023 to 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 Music Coop

What does the Chief Executive Officer of The Music Coop earn?

In 2024, the Chief Executive Officer of The Music Coop received $53,740 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Minnesota, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at The Music Coop compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations in Minnesota, the 2024 pay of the Chief Executive Officer at The Music Coop falls between the 25th percentile and the median. In 2024, the highest total compensation at The Music Coop equaled 25% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are The Music Coop's revenue and expenses?

In 2024, The Music Coop reported $205k in total revenue and $213k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.