EIN 23-7225104

New England Conservatory (NEC)

IRS 501(c) type
501(c)(3)
Num. employees
1,199
City
Year formed
1867
Most recent tax filings
2022-06-01
Description
New England Conservatory educates and trains musicians of all ages from around the world, drawing on the talent and deep reservoir of experience of our distinguished faculty. We are dedicated to inculcating the highest standards of excellence and nurturing individual artistic sensibility and creative growth. Understanding that music is one of the transcendent expressions of human civilization, NEC aspires to ensure it a central place in contemporary society. Leading music school with international enrollment, serving students from age 4 through postgraduate degree studies.
Also known as...
New England Conservatory of Music
Total revenues
$112,202,723
2022
Total expenses
$71,112,347
2022
Total assets
$261,178,861
2022
Num. employees
1,199
2022

Program areas at NEC

Higher education: college - Music school with programs leading to bachelor's degrees, master's degrees, doctoral degrees, and diplomas. Nec's enrollment is comprised of approximately half undergraduates and half graduate students. (807 students)
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. 6.14% financial aid is provided based primarily on need. (1,475 students)
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.
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.

Who funds New England Conservatory (NEC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Popplestone FoundationGeneral Use$1,500,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$1,488,140
Andrew W. Mellon FoundationTo Provide A Final Round of Support To the Boston Bridge To Equity and Achievement in Music (Beam) Initiative$875,000
...and 86 more grants received totalling $6,076,591

Personnel at NEC

NameTitleCompensation
Heather WoodsChief Information Officer
Martin KristinaActing Vice President for Finance and Controller / Director of Finance and Controller$178,397
Kalyn AndreaPresident$548,460
Kalyn PlayedDirector
Richard BowmanController
...and 12 more key personnel

Financials for NEC

RevenuesFYE 06/2022
Total grants, contributions, etc.$11,070,325
Program services$52,309,881
Investment income and dividends$17,335
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$28,846
Net gain from sale of non-inventory assets$48,414,365
Net income from fundraising events$-128,332
Net income from gaming activities$0
Net income from sales of inventory$3,416
Miscellaneous revenues$486,887
Total revenues$112,202,723

Form 990s for NEC

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-13990View PDF
2021-062022-05-09990View PDF
2020-062021-05-20990View PDF
2019-062020-08-13990View PDF
2018-062019-08-17990View PDF
...and 8 more Form 990s

Organizations like NEC

OrganizationLocationRevenue
Manhattan CollegeBronx, NY$221,694,367
Augsburg UniversityMinneapolis, MN$133,913,998
Anderson University (AU)Anderson, SC$130,183,026
Manhattan School of Music (MSM)New York, NY$72,520,806
Monmouth UniversityWest Long Branch, NJ$269,032,523
Rider UniversityLawrenceville, NJ$219,374,298
Barnard CollegeNew York, NY$366,338,758
Carroll CollegeHelena, MT$66,514,020
Brevard College CorporationBrevard, NC$40,087,405
Roger Williams University (RWU)Bristol, RI$236,403,928
Data update history
February 4, 2024
Received grants
Identified 20 new grant, including a grant for $1,500,000 from Popplestone Foundation
October 26, 2023
Received grants
Identified 7 new grant, including a grant for $22,000 from American Endowment Foundation
August 19, 2023
Received grants
Identified 65 new grant, including a grant for $643,547 from The Boston Foundation (TBF)
August 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 8 new vendors, including , , , , , , , and
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
Fundraising eventsOperates internationallyReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersTax deductible donations
General information
Address
290 Huntington Ave
Boston, MA 02115
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
necmusic.edu/ 
Phone
(617) 585-1100
Facebook page
necmusic 
Twitter profile
@necmusic 
IRS details
EIN
23-7225104
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1867
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
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