Culture Executives Face Housing Perk Rollbacks in Dream Jobs

1 min read
Source: The New York Times
Culture Executives Face Housing Perk Rollbacks in Dream Jobs
Photo: The New York Times
TL;DR Summary

Executives at some of America's most influential arts organizations, including the Museum of Modern Art, Los Angeles County Museum of Art, Metropolitan Opera, New York Philharmonic, and Solomon R. Guggenheim Foundation, receive generous compensation packages that can exceed $1 million annually. These packages often include perks such as free luxury housing, first-class travel, and allowances for social clubs. However, the challenges faced by nonprofit arts organizations, particularly during the pandemic, have led to increased scrutiny of pay and expenditures, resulting in some executives taking pay cuts.

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