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Filing year 2024

Young Musicians of Virginia

Virginia Beach, Virginia·EIN 54-2018258·NTEE B90 · Education·501(c)(3)
Total revenue
$396k
Total assets
$87k
Total expenses
$373k
Reported officers
6
Mission

To provide music and academic classes and educational programs for homeschooled students. Also to allow students to participate in music competitions, concerts, and field trips.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

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

Executive Director
Below 10th percentile
$14k
$15k
Secretary
Secretary (Operational)
Below 10th percentilevs Education peers nationwide
$4k
$5k
Board Member
10th to 25th percentile
$3k
$3k

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.

Plus 3 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Young Musicians of Virginia equaled 4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
4%
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 15%
from 2023

From $13k in 2023 to $14k in 2024.

$13k
2023
$14k
2024
In today's dollarsEst.
Up 12% in real terms$14k to $15k

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 rose 15% from 2023 to 2024, while revenue rose 30%.

$13k in 2023 to $14k in 2024.
  • Secretary (Operational) pay fell 2% 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 Young Musicians of Virginia

What does the Chief Executive Officer of Young Musicians of Virginia earn?

In 2024, the Chief Executive Officer of Young Musicians of Virginia received $14,477 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Education organizations in Virginia: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Young Musicians of Virginia compare with similar nonprofits?

Compared with the same role at Education organizations in Virginia, the 2024 pay of the Chief Executive Officer at Young Musicians of Virginia falls in the bottom 10%. In 2024, the highest total compensation at Young Musicians of Virginia equaled 4% of the organization's total expenses. The median for education organizations is 7%.

What are Young Musicians of Virginia's revenue and expenses?

In 2024, Young Musicians of Virginia reported $396k in total revenue and $373k in total expenses on its IRS Form 990.

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