You’d be surprised how much some in the non-profit world make.
Working in education or the arts won’t typically compete with lucrative career tracks in business or law. But there are a small number of non-profit leaders making millions of dollars each year.
For example, Glenn Lowry, Director of the Museum of Modern Art in New York, made $2.7 million, according to a new survey by The Chronicle of Philanthropy.
Other highlights include:
- The median change in nonprofit CEO pay from 2009 to 2010: 7% increase
- The median CEO pay at these big organizations in 2010: about $360,000
- Nonprofit hospitals have the highest median CEO pay: more than $830,000
- Social service charities have the lowest median CEO pay: about $220,000
- At 57 of the organizations surveyed, someone other than the CEO was the highest-paid employee – e.g., investment managers, doctors, and major college athletics coaches
Nothing wrong with folks being paid well; in fact it must be encouraged for the exemplary performance; however, this is one reason why I won’t give freebie images to an organization simply because they call themselves “non-profit”.
Here is my related post on giving away images for free.