NonprofitsNew England Conservatory Of Music

Education

New England Conservatory Of Music

BOSTON, MA

Total revenue

$80.2M

Total expenses

$79.5M

Net assets

$247.1M

Grants received

$38.5M

232 grants

EIN

237225104

Tax year

2023

Mission

New england conservatory of music (nec) educates and trains musicians of all ages from around the world.

Programs

3 programs

Student services program, general/other:residence hall/dining - all freshmen and sophomores are housed and dine in the nec residence hall. The cafeteria is open to the entire community. (230 students)health services - on-site student health center providing routine and urgent care and referrals, staffed by a physician and nurse practitioners. Supported by student medical fees and insurance reimbursements.counseling services - on-site center providing confidential counseling for students, staffed by a psychiatrist and professional counselors.

Expenses: $14.0M

Preparatory and continuing education programs: school of preparatory and continuing education - music instruction for children ages 4-18 and adults not leading to a specific degree. Private studio lessons are offered as well as ensembles and classes. 6% financial aid is provided based primarily on need. (1,564 students)

Expenses: $6.9MGrants: $589K

Concerts and hall rentals: other program services include expenses related to over 1,000 free nec concerts performed by students, faculty and guest artists per year and expenses for concerts at nec performed by outside organizations. These outside organizations pay nec hall rental fees and other associated rental costs, such as security and lighting/technical services, related to their performances.

Expenses: $2.9M

Financials

FY 2023

Revenue

Contributions & grants$20.7M
Program service revenue$55.5M
Investment income$4.0M
Other revenue
Total revenue$80.2M

Expenses

Grants paid$19.9M
Salaries & benefits$35.5M
Fundraising$2.9M
Other expenses$24.0M
Total expenses$79.5M
Total assets$290.3M
Net assets$247.1M

People

38 listed

NameRoleCompensation

KALYN ANDREA

PRESIDENT

Board

$394K

40 hrs/wk

FULHAM TIMOTHY W

BOARD TRUSTEE

Board

2 hrs/wk

GOLDENHEIM ANNA

BOARD TRUSTEE

Board

2 hrs/wk

GRAVES JR EDWIN D

BOARD TRUSTEE

Board

2 hrs/wk

GRAY ERIC A

BOARD TRUSTEE

Board

2 hrs/wk

JONI SAJ-NICOLE A

BOARD TRUSTEE

Board

2 hrs/wk

MCCASLIN KIMBERLY

BOARD TRUSTEE

Board

2 hrs/wk

METCALFE MURRAY

BOARD TRUSTEE

Board

2 hrs/wk

NICHOLS MARGARET H

BOARD TRUSTEE

Board

2 hrs/wk

ROSS PETER

BOARD TRUSTEE

Board

2 hrs/wk

ATHANASIOU NIKOLAOS

BOARD TRUSTEE

Board

2 hrs/wk

SMITH CHAD

BOARD TRUSTEE

Board

2 hrs/wk

WILKINS THOMAS A

BOARD TRUSTEE

Board

2 hrs/wk

WILMERDING FRANCES B

BOARD TRUSTEE

Board

2 hrs/wk

BLUMENTHAL THOMAS W

CHAIR OF THE BOARD OF TRUSTEES

Board

2 hrs/wk

GLAUBER BARBARA W

VICE CHAIR

Board

2 hrs/wk

HENDRIX BLAIR E

VICE CHAIR

Board

2 hrs/wk

LODER JOHN M

BOARD TRUSTEE, SECRETARY

Board

2 hrs/wk

BARNES EVELYN

CFO/TREASURER (FROM 4/29/24)

Board

40 hrs/wk

RUBIN SALLY L

BOARD TRUSTEE

Board

2 hrs/wk

BAILEY ALLISON S

BOARD TRUSTEE

Board

2 hrs/wk

BARTLETT ANNE A

BOARD TRUSTEE

Board

2 hrs/wk

BEAL ENID L

BOARD TRUSTEE

Board

2 hrs/wk

BECTON HENRY

BOARD TRUSTEE

Board

2 hrs/wk

BERMONT BECKY

BOARD TRUSTEE

Board

2 hrs/wk

BURNES KENNETT

BOARD TRUSTEE

Board

2 hrs/wk

CHEN MEI-ANN

BOARD TRUSTEE

Board

2 hrs/wk

ELFERS DEBORAH B

BOARD TRUSTEE

Board

2 hrs/wk

ERLINGSSON UZOCHI N

BOARD TRUSTEE

Board

2 hrs/wk

KELLY KATHLEEN

EXECUTIVE VICE PRESIDENT

Staff

$483K

40 hrs/wk

SOSLAND BENJAMIN

PROVOST & DEAN OF FACULTY

Staff

$274K

40 hrs/wk

WEILERSTEIN DONALD

COLLEGE FACULTY

Staff

$259K

40 hrs/wk

WOODS HEATHER

VP & CHIEF INFORMATION OFFICER

Staff

$238K

40 hrs/wk

EAGLEN LYSON JANE

COLLEGE FACULTY

Staff

$221K

40 hrs/wk

KATZ PAUL

COLLEGE FACULTY

Staff

$180K

40 hrs/wk

BISS MARIAM FRIED

COLLEGE FACULTY

Staff

$179K

40 hrs/wk

KIM SOOVIN

COLLEGE FACULTY

Staff

$175K

40 hrs/wk

SPINARD JOHN

FORMER CFO & TREASURER

Staff

$102K

0

Independent contractors

CLIFTONLARSENALLEN LLP

ACCOUNTING & ADVISORY SERVICES

$525K

QUARTERDECK LLC

WEBSITE DESIGN AND MAINTENANCE

$484K

OMNIA GLOBAL PARTNERS

PAYROLL CONSULTING SERVICES

$324K

BEST FIT EDUCATION LLC

ENROLLMENT CONSULTING SERVICES

$190K

RSM US LLP

TAX & AUDIT SERVICES

$166K

Grants received

Showing 200 of 232

FromAmountPurposeYear
$2M
PROPERTY CARE; BUILDINGS; CONSTRUCTION
2024
$500K
MUSIC EDUCATION - SUPPORT NEC PREPARATORY DIVISION'S EARLY CHILDHOOD EDUCATION PILOT PROJECT
2024
$100K
UNRESTRICTED CONTRIBUTION
2024
$61K
CHARITABLE DONATION
2024
$15K
The mission of New England Conservatory is the education and training of musicians of all ages from around the world, drawing on the talents of an accomplished faculty, and nurturing individual excellence in a challenging and supportive community dedicated to the highest standards of performance, teaching, and scholarship
2024
$10K
GENERAL OPERATING SUPPORT
2024
$8K
SCHOLARSHIP FUNDS
2024
$7K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$7K
UNRESTRICTED GENERAL
2024
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$4K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$1K
General Support
2024
$948
UNRESTRICTED GENERAL
2024
$100
MATCHING GIFTS
2024
$25
VOLUNTEER PROGRAM
2024
$12.5M
MUSIC EDUCATION - ENDOW NEC PREP SCHOLARSHIPS ($12,000,000), EARLY CHILHOOD EDUCATION PILOT ($500,000)
2023
$3M
PROPERTY CARE; BUILDINGS; CONSTRUCTION
2023
$1.9M
Operating Support/Annual Fund
2023
$583K
For grant recipient's exempt purposes
2023
$375K
TO PROVIDE A FINAL ROUND OF SUPPORT TO THE BOSTON BRIDGE TO EQUITY AND ACHIEVEMENT IN MUSIC (BEAM) INITIATIVE
2023
$301K
Scholarship
2023
$80K
UNRESTRICTED CONTRIBUTION
2023
$62K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$50K
Capital Campaign
2023
$50K
Endowment
2023
$20K
STUDENT SCHOLARSHIPS
2023
$15K
SCHOLARSHIP FUNDS
2023
$13K
SCHOLARSHIPS
2023
$10K
EDUCATIONAL INSTITUTIONS
2023
$10K
The mission of New England Conservatory is the education and training of musicians of all ages from around the world, drawing on the talents of an accomplished faculty, and nurturing individual excellence in a challenging and supportive community dedicated to the highest standards of performance, teaching, and scholarship
2023
$10K
EXEMPT PURPOSE
2023
$10K
HARRIS EDWARD "TEDDY" MALASKY MEMORIAL FUND
2023
$8K
GENERAL OPERATING
2023
$8K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2023
$8K
GENERAL OPERATIONS
2023
$8K
SCHOLARSHIP FUNDS
2023
$7K
Matching Gifts
2023
$5K
UNRESTRICTED GENERAL
2023
$5K
OTHER CIVIC / COMMUNITY
2023
$5K
CONTRIBUTION FOR ANNUAL SUPPORT
2023
$5K
CHARITABLE DONATION
2023
$5K
OTHER CIVIC / COMMUNITY
2023
$5K
GENERAL OPERATING
2023
$5K
General Purpose
2023
$5K
General Financial Support
2023
$3K
PROGRAM/OPERATING SUPPORT
2023
$3K
EMPLOYEE GIVING PROGRAM
2023
$2K
GENERAL PURPOSE
2023
$2K
GENERAL SUPPORT
2023
$1K
General Support
2023
$1K
GENERAL PURPOSES
2023
$1K
GENERAL CHARITABLE PURPOSE
2023
$978
UNRESTRICTED GENERAL
2023
$100
OTHER CIVIC / COMMUNITY
2023
$100
MATCHING GIFTS
2023
$100
FOR ORGANIZATION'S EXEMPT PURPOSES
2023
$50
VOLUNTEER PROGRAM
2023
$1.5M
Operating Support/Annual Fund
2022
$1.5M
GENERAL USE
2022
$875K
TO PROVIDE A FINAL ROUND OF SUPPORT TO THE BOSTON BRIDGE TO EQUITY AND ACHIEVEMENT IN MUSIC (BEAM) INITIATIVE
2022
$373K
For grant recipient's exempt purposes
2022
$300K
Scholarship
2022
$300K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2022
$80K
UNRESTRICTED CONTRIBUTION
2022
$76K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$20K
STUDENT SCHOLARSHIPS
2022
$15K
Music Pathways for Youth: To support Boston Public Schools and New England Conservatory's Private Music Lesson Pilot for the 2022-23 school year
2022
$13K
SCHOLARSHIPS
2022
$11K
GENERAL SUPPORT
2022
$10K
TO EDUCATE AND TRAIN MUSICIANS OF ALL AGES FROM AROUND THE WORLD
2022
$10K
HARRIS EDWARD "TEDDY" MALASKY MEMORIAL FUND
2022
$8K
UNRESTRICTED GENERAL
2022
$8K
SCHOLARSHIP FUNDS
2022
$8K
GENERAL OPERATIONS
2022
$7K
UNRESTRICTED GENERAL
2022
$5K
General Financial Support
2022
$5K
General Purpose
2022
$5K
MIP PAYOUT FOR 07/05/2022
2022
$5K
MIP PAYOUT FOR 01/27/2022
2022
$3K
PROGRAM/OPERATING SUPPORT
2022
$3K
CONTRIBUTION FOR ANNUAL SUPPORT
2022
$2K
GENERAL SUPPORT
2022
$2K
GENERAL PURPOSE
2022
$1K
UNRESTRICTED GENERAL
2022
$1K
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2022
$1K
GENERAL PURPOSES
2022
$1K
General Support
2022
$500
CHARITABLE DONATIONS
2022
$200
MATCHING GIFTS TO EDUCATION
2022
$100
MIP PAYOUT FOR 05/04/2022
2022
$100
EXEMPT PURPOSE
2022
$100
FOR ORGANIZATION'S EXEMPT PURPOSES
2022
$100
MATCHING GIFTS
2022
$100
VOLUNTEER PROGRAM
2022
$1.5M
For grant recipient's exempt purposes
2021
$1.5M
For grant recipient's exempt purposes
2021
$644K
Operating Support/Annual Fund
2021
$250K
General Purpose
2021
$250K
General Purpose
2021
$53K
For recipient's exempt purpose
2021
$50K
Scholarship
2021
$20K
STUDENT SCHOLARSHIPS
2021
$15K
SCHOLARSHIP FUNDS
2021
$13K
UNRESTRICTED GENERAL
2021
$10K
TO EDUCATE AND TRAIN MUSICIANS OF ALL AGES FROM AROUND THE WORLD
2021
$10K
TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE
2021
$8K
GENERAL OPERATIONS
2021
$8K
GENERAL OPERATING
2021
$7K
UNRESTRICTED GENERAL
2021
$5K
HARRIS EDWARD "TEDDY" MALASKY MEMORIAL FUND
2021
$5K
HARRIS EDWARD "TEDDY" MALASKY MEMORIAL FUND
2021
$5K
UNRESTRICTED GRANT
2021
$4K
EDUCATIONAL
2021
$3K
TO BE ALLOCATED TO ANNUAL SUPPORT
2021
$2K
GENERAL SUPPORT
2021
$2K
GENERAL PURPOSES
2021
$1K
General Support
2021
$1K
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
2021
$100
FOR ORGANIZATION'S EXEMPT PURPOSES
2021
$722K
For grant recipient's exempt purposes
2020
$582K
Operating Support/Annual Fund
2020
$92K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$75K
Scholarship
2020
$33K
GENERAL OPERATIONS
2020
$30K
SCHOLARSHIP FUNDS
2020
$28K
QUALITY EDUCATION
2020
$20K
STUDENT SCHOLARSHIPS
2020
$13K
UNRESTRICTED GENERAL
2020
$10K
Educate low income children
2020
$10K
TO EDUCATE AND TRAIN MUSICIANS OF ALL AGES FROM AROUND THE WORLD
2020
$10K
SCHOLARSHIPS
2020
$10K
UNRESTRICTED GRANT
2020
$10K
CHARITABLE
2020
$8K
GENERAL OPERATING
2020
$7K
UNRESTRICTED GENERAL
2020
$5K
CONTRIBUTION TO GENERAL FUND & STUDENT CENTER PROJECT
2020
$5K
General Purpose
2020
$5K
EDUCATIONAL
2020
$5K
MIP PAYOUT FOR 11/09/20
2020
$3K
GENERAL PURPOSE
2020
$3K
General Support
2020
$2K
GENERAL PURPOSES
2020
$2K
GENERAL SUPPORT
2020
$500
PROGRAM SUPPORT
2020
$100
FOR ORGANIZATION'S EXEMPT PURPOSES
2020
$100
GENERAL SUPPORT
2020
$25
EMPLOYEE MATCHING GRANT
2020
$25
MIP PAYOUT FOR 02/10/20
2020
$2.5M
Operating Support/Annual Fund
2019

Funded by

$38.5M from 78 funders · 232 grants · 2017–2024

Popplestone Foundation

$14.5M · 3 grants · 2022–2024

Boston Foundation Inc

$8.1M · 15 grants · 2017–2023

Fidelity Investments Charitable Gift Fund

$5.7M · 8 grants · 2017–2023

Fidelity Non-Profit Management

$5M · 2 grants · 2023–2024

The Andrew W Mellon Foundation

$1.3M · 2 grants · 2022–2023

Donor Advised Charitable Giving Inc

$1.0M · 7 grants · 2017–2023

Elfers Foundation Inc

$500K · 2 grants · 2021

Tan Family Education Foundation

$320K · 4 grants · 2020–2024

Details

EIN237225104
NTEE codeB430
Subsection03
Ruling date1941-11
Formed1867
Employees1391
Volunteers137
NEW ENGLAND CONSERVATORY OF MUSIC — Mission, Financials & Grants Received | Grantivo