The School Head is the sole employee of the Board, and management of the Head’s compensation is a high priority. Numerous entities are now asking how much compensation is too much for nonprofit CEOs. Never has it been more important that the Board be fully conversant about Head compensation. Only then can the Board determine what adjustments are needed to ensure that the school compensates competitively to retain the Head or enhance its ability to be competitive in its next Head search. Trustees must educate themselves about the marketplace and understand the complexities of the School Head’s job. ISM surveyed a random sample of I&P subscriber schools concerning compensation for faculty and administrators. This article focuses on the survey results regarding the salaries of School Heads at our participating day schools.