The Met's $516,577 Electrician

The Future of Capitalism: Bloomberg News has a useful look at compensation at some of the New York-based nonprofit arts institutions. "Nonprofit" is a term of the art here, because while the organizations may be structured as nonprofits under the tax law and while their goal may not be to maximize profits, the amount of money being paid out in compensation to the employees is more than at many institutions whose goal is to make a profit.