Nonprofits›Montserrat College Of Art Inc

Education

Montserrat College Of Art Inc

BEVERLY, MA

Website

Total revenue

$14.0M

Total expenses

$16.1M

Net assets

$7.7M

Grants received

$2.5M

74 grants

EIN

521859814

Tax year

2023

Mission

See schedule o.

Financials

FY 2023

Revenue

Contributions & grants$937K
Program service revenue$12.6M
Investment income$143K
Other revenue$324K
Total revenue$14.0M

Expenses

Grants paid$4.8M
Salaries & benefits$6.3M
Fundraising$141K
Other expenses$5.1M
Total expenses$16.1M
Total assets$19.9M
Net assets$7.7M

People

19 listed

NameRoleCompensation

Brian Pellinen

PRESIDENT

Board

$217K

40 hrs/wk

Lisa Shawney

CFO

Board

$154K

40 hrs/wk

Blyth Hazen

TRUSTEE - FACULTY REP

Board

$59K

40 hrs/wk

Mercedes Sherrod Evans

CHAIR

Board

—

1 hrs/wk

Dr Michael J Belliveau

VICE CHAIR

Board

—

1 hrs/wk

Katherine B Winter

TRUSTEE

Board

—

1 hrs/wk

Josue Bessiake

TRUSTEE

Board

—

1 hrs/wk

Sarah Dineen

TRUSTEE

Board

—

1 hrs/wk

Ken Mastrocola

TRUSTEE

Board

—

1 hrs/wk

Robert Hart Jr

TREASURER

Board

—

1 hrs/wk

David Shopper

TRUSTEE

Board

—

1 hrs/wk

Chris Koeplin

TRUSTEE

Board

—

1 hrs/wk

Dr Tony Laing

TRUSTEE

Board

—

1 hrs/wk

Tyson J Lynch

TRUSTEE

Board

—

1 hrs/wk

Dr Velda McRae-Yates

TRUSTEE

Board

—

1 hrs/wk

January O'Neil

TRUSTEE

Board

—

1 hrs/wk

Mags Harries

TRUSTEE

Board

—

1 hrs/wk

Barbara Schaye

TRUSTEE

Board

—

1 hrs/wk

John Sutyak

SECRETARY

Board

—

1 hrs/wk

Independent contractors

ALLIED UNIVERSAL SECURITY SERVICES

SECURITY

$183K

ISAACSON MILLER INC

EXEC. RECRUITMENT

$112K

INVALEON TECHNOLOGIES CORPORATION

TECHNOLOGY

$109K

HIGHER EDUCATION ASSISTANCE GROUP

CONSULTING SERVICES

$103K

Grants received

Showing 74 of 74

FromAmountPurposeYear
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$60K
UNRESTRICTED GENERAL SUPPORT
2024
CUMMINGS FOUNDATION GRANTS INC (FKA ONEWORLD BOSTON INC)
$35K
Education
2024
ESSEX COUNTY COMMUNITY FOUNDATION INC
$13K
EDUCATION AND YOUTH DEVELOPMENT
2024
Boston Foundation Inc
$75K
Scholarship
2023
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$70K
UNRESTRICTED GENERAL SUPPORT
2023
DONOR ADVISED CHARITABLE GIVING INC
$30K
EDUCATION
2023
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$27K
For grant recipient's exempt purposes
2023
TOWER FAMILY FUND INC
$25K
GENERAL SUPPORT
2023
ESSEX COUNTY COMMUNITY FOUNDATION INC
$13K
EDUCATION AND YOUTH DEVELOPMENT
2023
FELICIA M DELORENZO SCHOLARSHIP
$4K
SCHOLARSHIPS
2023
FLORENCE V BURDEN FOUNDATION
$3K
EDUCATION
2023
Eastern Bank Foundation
$3K
EXEMPT PURPOSE
2023
Albert H & Reuben S Stone Fund
$2K
Scholarships
2023
LESLIE S & MARCIA C RAY
$1K
GENERAL OPERATING BUDGET
2023
Institution for Savings in Newburyport &
$1K
EXEMPT PURPOSE
2023
MARK AND CYNTHIA ROSS FAMILY
$1K
CHARITABLE CONTRIBUTION
2023
Eastern Bank Foundation
$500
EXEMPT PURPOSE
2023
THE APPLE LANE FOUNDATION INC 14101830
$500
FOR ORGANIZATION'S EXEMPT PURPOSES
2023
The Rivera Krall Family Foundation
$500
General & Unrestricted
2023
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$622K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
THE CRICKET FDN JENNIFER L GRIGG TRUSTEE
$150K
GENERAL SUPPORT
2022
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$70K
UNRESTRICTED GENERAL SUPPORT
2022
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$53K
For grant recipient's exempt purposes
2022
TOWER FAMILY FUND INC
$25K
GENERAL SUPPORT
2022
Albert H & Reuben S Stone Fund
$5K
Scholarships
2022
Institution for Savings in Newburyport &
$3K
EXEMPT PURPOSE
2022
LESLIE S & MARCIA C RAY
$1K
GENERAL OPERATING BUDGET
2022
THE NORDBLOM FAMILY FOUNDATION
$1K
CHARITABLE
2022
The Rivera Krall Family Foundation
$750
General & Unrestricted
2022
THE APPLE LANE FOUNDATION INC 14101830
$500
FOR ORGANIZATION'S EXEMPT PURPOSES
2022
FIDELITY FOUNDATION
$300
MATCHING GIFTS TO EDUCATION
2022
DAVIS EDUCATIONAL FOUNDATION
$160K
Pathways for Post-Graduation Success
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$115K
For grant recipient's exempt purposes
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$115K
For grant recipient's exempt purposes
2021
DONOR ADVISED CHARITABLE GIVING INC
$32K
EDUCATION
2021
People's United Community Foundation
$25K
Campus Wireless Access Point Upgrade fund
2021
TOWER FAMILY FUND INC
$25K
GENERAL SUPPORT
2021
VESPER FOUNDATION
$3K
GENERAL
2021
Institution for Savings in Newburyport &
$3K
EXEMPT PURPOSE
2021
BERTOLON FAMILY FOUNDATION
$2K
GENERAL OPERATING SUPPORT
2021
Albert H & Reuben S Stone Fund
$2K
Scholarship
2021
ROBERT I LAPPIN CHARITABLE FOUNDATION
$1K
FOR ONGOING OPERATIONS
2021
LESLIE S & MARCIA C RAY
$1K
GENERAL OPERATING BUDGET
2021
THE APPLE LANE FOUNDATION INC 14101830
$500
FOR ORGANIZATION'S EXEMPT PURPOSES
2021
The Rivera Krall Family Foundation
$500
General & Unrestricted
2021
Eastern Bank Foundation
$300
EXEMPT PURPOSE
2021
ESSEX COUNTY COMMUNITY FOUNDATION INC
$93K
—
2020
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$65K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$64K
For grant recipient's exempt purposes
2020
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$60K
UNRESTRICTED GENERAL SUPPORT
2020
DONOR ADVISED CHARITABLE GIVING INC
$31K
EDUCATION
2020
TOWER FAMILY FUND INC
$25K
SCHOLARSHIPS AND EDUCATION PROGRAMS
2020
People's United Community Foundation
$25K
General & Unrestricted
2020
NATIONAL PHILANTHROPIC TRUST
$10K
EDUCATION
2020
MARK AND CYNTHIA ROSS FAMILY
$3K
CHARITABLE CONTRIBUTION
2020
VESPER FOUNDATION
$3K
GENERAL
2020
Albert H & Reuben S Stone Fund
$2K
Scholarships
2020
GE FOUNDATION
$1K
MATCHING GIFTS
2020
LESLIE S & MARCIA C RAY
$1K
GENERAL OPERATING BUDGET
2020
THE APPLE LANE FOUNDATION INC 14101830
$500
FOR ORGANIZATION'S EXEMPT PURPOSES
2020
Eastern Bank Foundation
$500
EXEMPT PURPOSE
2020
FIDELITY FOUNDATION
$100
EDUCATION
2020
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$66K
For grant recipient's exempt purposes
2019
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$60K
UNRESTRICTED GENERAL SUPPORT
2019
DONOR ADVISED CHARITABLE GIVING INC
$36K
EDUCATION
2019
LESLIE S & MARCIA C RAY
$1K
GENERAL OPERATING BUDGET
2019
DONOR ADVISED CHARITABLE GIVING INC
$40K
EDUCATION
2018
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$25K
For grant recipient's exempt purposes
2018
BANKER STEEL FOUNDATION
$5K
COLLEGE SCHOLARSHIP
2018
The Devereaux Foundation
$1K
General
2018
MARK AND CYNTHIA ROSS FAMILY
$740
CHARITABLE CONTRIBUTION
2018
DANIEL AND GLORIA KEARNEY FOUNDATION
$250
GENERAL PURPOSES
2018
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$98K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
THE APPLE LANE FOUNDATION INC 14101830
$500
FOR ORGANIZATION'S EXEMPT
2017

Funded by

$2.5M from 30 funders · 74 grants · 2017–2024

Vanguard Charitable Endowment Program

$687K · 2 grants · 2020–2022

Fidelity Investments Charitable Gift Fund

$563K · 8 grants · 2017–2023

Morgan Stanley Global Impact Funding Trust Inc

$320K · 5 grants · 2019–2024

Donor Advised Charitable Giving Inc

$169K · 5 grants · 2018–2023

Davis Educational Foundation

$160K · 1 grant · 2021

Essex County Community Foundation Inc

$119K · 3 grants · 2020–2024

Tower Family Fund Inc

$100K · 4 grants · 2020–2023

Details

EIN521859814
NTEE codeB40Z
Subsection03
Ruling date1993-08
Formed1992
Employees259
Volunteers16
MONTSERRAT COLLEGE OF ART INC — Mission, Financials & Grants Received | Grantivo