where does it say how much joey g makes a year? or the woodstock headmaster?
This is the same report that was discussed recently; namely, the tax filings from 2005 (for the academic year 2004). Previous discussion is in this thread:
http://wwf.fornits.com/viewtopic.php?t=20659Summary of the pertinent total compensation package is as follows (salary+employee benefits package):
- Kenneth Grant, Exec Director: $93,611 ($89,500+13,111)
- Joseph Gauld, Founder: $83,708 ($75,000+8,708)
- Claire Grant, Assistant Director: $76,239 ($72,300+3,939)
- Laura Gauld, Exec Director: $90,979 ($78,000+12,979)
- Lavoe Davis, Exec Director: $87,623 ($80,000+7,623)
- Number of additional employees paid over $50,000 is noted as 2 (no details).
- Malcolm Gauld, President: $297,653 ($238,276+59,387)
- Laurie Hurd, Headmaster: $122,023 ($108,315+13,708)
- Robert Pauline, CFO: $112,451 ($99,500+12,951)
Not noted in the above is the existence of expense accounts. I'm not sure where one would find that info on the 990.
I am no expert at judging this. Certainly, it is nowhere near St. Paul's Prep School in terms of outrageousness. But I find it very much NOT in keeping with a school that professes an allegedly egalitarian and character-based approach to "changing the face of American education," not to mention the incessant pressure put on parents -- many of whom are already financially strained by the tuition alone -- to give more, more, more. And I also find it a bit unsavory that most of these people are all married or related to one another, making it an incredible concentration of wealth.
It is noteworthy to compare these figures to Berwick Academy, also in Maine, and perhaps ironically (perhaps not) where Joe taught for 2-3 years (why so little time?) prior to founding Hyde. Despite being a Country Day School, at which school heads are ordinarily paid higher salaries due to the lack of room and board in the whole compensation package, Berwick's current headmaster makes approximately half of what Malcolm makes, and has heretofore often refused salary increases, presumably in order to keep the school costs down.
According to a recent Washington Post article,
The average annual base salary for private school heads across the country in 2006-07 was $167,000, according to the National Association of Independent Schools.
http://www.washingtonpost.com/wp-dyn/co ... v=hcmodule
An earlier article (2003) in a Maine paper cites a similar figure:
The NAIS, which includes both Berwick Academy and Phillips Exeter Academy, calculates average salaries for private school principals. NAIS spokeswoman Myra McGovern said the highest headmaster's salary reported for the 2002-03 school year was $325,000. The median salaries are $143,050 for day school headmasters and $100,000 for boarding schools. The middle 50 percent of salaries range from $110,513 to $181,186. http://www.seacoastonline.com/2003news/ ... /48142.htm
-Urs
