EIN 23-7225104

New England Conservatory (NEC)

IRS 501(c) type
501(c)(3)
Num. employees
1,322
City
Year formed
1867
Most recent tax filings
2023-06-01
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
$92,483,122
2023
Total expenses
$75,918,300
2023
Total assets
$276,521,711
2023
Num. employees
1,322
2023

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. (878 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. (1,632 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
The Boston Foundation (TBF)Operating Support/annual Fund$1,518,612
Popplestone FoundationGeneral Use$1,500,000
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 81 more grants received totalling $5,492,428

Personnel at NEC

NameTitleCompensation
Evelyn BarnesChief Financial Officer
Heather WoodsVice President and Chief Information Officer
Courtney BarthVice President and Chief of Staff
Martin KristinaActing Vice President for Finance and Controller / Director of Finance and Controller$178,397
Martin Kristina Former ActingVice President Finance and Controller
...and 17 more key personnel

Financials for NEC

RevenuesFYE 06/2023
Total grants, contributions, etc.$34,615,417
Program services$53,090,690
Investment income and dividends$714,345
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$33,076
Net gain from sale of non-inventory assets$3,941,011
Net income from fundraising events$-122,352
Net income from gaming activities$0
Net income from sales of inventory$14,989
Miscellaneous revenues$195,946
Total revenues$92,483,122

Form 990s for NEC

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-13990View PDF
2021-062022-05-09990View PDF
2020-062021-05-20990View PDF
2019-062020-08-13990View PDF
...and 9 more Form 990s

Organizations like NEC

OrganizationLocationRevenue
Monmouth UniversityWest Long Branch, NJ$274,830,004
Augsburg UniversityMinneapolis, MN$130,082,142
Anderson University (AU)Anderson, SC$131,165,523
Manhattan School of Music (MSM)New York, NY$75,485,674
Rider UniversityLawrenceville, NJ$196,010,794
Manhattan CollegeBronx, NY$226,761,087
Goucher CollegeBaltimore, MD$84,585,565
Brevard College CorporationBrevard, NC$34,931,347
Stonehill CollegeNorth Easton, MA$180,133,281
AMHERST COLLEGE TrusteesAmherst, MA$379,275,079
Data update history
October 1, 2024
Updated personnel
Identified 2 new personnel
July 25, 2024
Received grants
Identified 21 new grant, including a grant for $1,518,612 from The Boston Foundation (TBF)
July 18, 2024
Updated personnel
Identified 7 new personnel
July 17, 2024
Updated personnel
Identified 1 new personnel
July 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
Fundraising eventsOperates internationallyReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersTax deductible donationsAccepts online 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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