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Filing year 2023

THE TAFT SCHOOL CORPORATION

Watertown, Connecticut·EIN 06-0646921·NTEE B250 · Education·501(c)(3)
Total revenue
$80.4M
Total assets
$493.6M
Total expenses
$65.8M
Reported officers
41
Mission

THE MISSION OF THE SCHOOL IS TO EDUCATE THE WHOLE STUDENT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

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

Former Pres./head of School Eff 7/1/23
Former Officer/director/trustee
Above 90th percentilevs Education peers nationwide
$939k
$1M
Base
$465k
Bonus
$325k
Other
$14k
Benefits
$63k
CFO
75th to 90th percentile
$393k
$438k
Base
$293k
Bonus
Other
Benefits
$75k
Chief Advancement Officer
Key Employee
75th to 90th percentilevs Education peers nationwide
$361k
$404k
Base
$277k
Bonus
Other
$527
Benefits
$60k
President/head of School Eff 7/1/23
Above 90th percentile
$337k
$376k
Base
$240k
Bonus
Other
$3k
Benefits
$94k
Assist. Head of School for Faculty & Academics
Key Employee
75th to 90th percentilevs Education peers nationwide
$333k
$371k
Base
$188k
Bonus
Other
Benefits
$131k
Assist. Head of School for Student Life
Key Employee
75th to 90th percentilevs Education peers nationwide
$290k
$324k
Base
$170k
Bonus
Other
Benefits
$105k
Dir. of Marketing & Communications
Highest Compensated Employee
75th to 90th percentile
$283k
$316k
Base
$163k
Bonus
Other
Benefits
$107k
Dir. of Admissions
Highest Compensated Employee
Median to 75th percentile
$250k
$279k
Base
$187k
Bonus
Other
Benefits
$41k
Director of Facilities
Highest Compensated Employee
Median to 75th percentile
$229k
$255k
Base
$152k
Bonus
Other
$899
Benefits
$57k
Legal Counsel
Highest Compensated Employee
Median to 75th percentile
$225k
$251k
Base
$163k
Bonus
Other
Benefits
$45k
Controller
75th to 90th percentilevs Education peers nationwide
$194k
$217k
Base
$164k
Bonus
Other
Benefits
$17k

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.

Plus 30 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE TAFT SCHOOL CORPORATION equaled 1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
1%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 50%
from 2022

From $627k in 2022 to $939k in 2023.

$627k
2022
$939k
2023
In today's dollarsEst.
Up 45% in real terms$725k to $1M

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

Chief Financial Officer pay fell 1% from 2022 to 2023, while revenue rose 11%.

$398k in 2022 to $393k in 2023.
  • Key Employee pay rose 5% from 2022 to 2023.
  • Chief Executive Officer pay fell 46% from 2022 to 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 TAFT SCHOOL CORPORATION

What does the Former Officer/director/trustee of THE TAFT SCHOOL CORPORATION earn?

In 2023, the Former Officer/director/trustee of THE TAFT SCHOOL CORPORATION received $939,249 in total compensation. This pay is in the top 10% for Former Officer/director/trustee roles among Education organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Former Officer/director/trustee pay at THE TAFT SCHOOL CORPORATION compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Former Officer/director/trustee at THE TAFT SCHOOL CORPORATION falls in the top 10%. In 2023, the highest total compensation at THE TAFT SCHOOL CORPORATION equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are THE TAFT SCHOOL CORPORATION's revenue and expenses?

In 2023, THE TAFT SCHOOL CORPORATION reported $80.4M in total revenue and $65.8M in total expenses on its IRS Form 990.

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