By Philip Boroff on April 17, 2012 | Bloomberg News
Thomas P. Campbell, director of the Metropolitan Museum of Art, earned $1.04 million in pay and benefits in 2010, when attendance at New York’s most-visited museum rose to its highest level in four decades.
Total compensation increased 12 percent, according to the Met’s 2010-2011 tax return. Campbell, 49, earned $653,402 in salary, up 2 percent. Housing, retirement, travel and other benefits and expenses were valued by the museum at $389,051.
Harold Holzer, a spokesman, said the value of benefits fluctuates year to year, depending on travel. He said Campbell expanded the museum’s loan and exhibition programs, borrowing and lending more art to museums internationally.
The pay for the Oxford-educated former tapestry curator, named director in January 2009, was in line with comparable jobs. Glenn Lowry, head of the Museum of Modern Art, had compensation of $1.6 million in 2009. (MoMA hasn’t yet disclosed 2010 pay.)
Emily Rafferty, the Met’s president, earned $892,802 in pay and benefits. That’s up 5 percent from a year earlier and triple what she earned a decade ago as senior vice president for external affairs.
Attendance in the year ending in June 2011 was 5.7 million, up 9 percent, buoyed by a hugely popular exhibit of clothes and accessories by the late fashion designer Alexander McQueen. (Attendance includes visitors to the Cloisters Museum and Gardens in upper Manhattan.)
Raul Avila Inc., a New York event planning firm, received $1.3 million in connection with the Met’s Costume Institute gala in May 2011. Holzer said the money involves payment to a wood manufacturer, tent maker and other subcontractors.
The Met recently opened its renovated Islamic art galleries and a new American wing, featuring Emanuel Leutze’s iconic 1851 painting “Washington Crossing the Delaware.”
Campbell’s predecessor, Philippe de Montebello, crossed the seven-figure threshold in 2005-2006, when his compensation was listed at $4.6 million. Most of the money was for a retirement plan after three decades in the job.
Today’s Muse highlights includes watches at Sotheby’s.