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Curtis Institute Of Music

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 231585611 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Curtis Institute Of Music?

The Curtis Institute of Music, a tuition-free music school located in Philadelphia, Pennsylvania, was established in 1924 to nurture and educate extraordinarily talented young musicians. With a student body of approximately 150 and 122 faculty members, this renowned institution offers personalized attention and guidance from celebrated faculty members. Curtis Institute of Music is primarily funded by endowments and annual giving. Students reside in the institute's dormitory building and have access to full dining services. The mission of Curtis Institute of Music is to engage a global audience through music. The institute is dedicated to fostering the next generation of musicians and contributing to the cultural richness of the world. (113 words)


Official website here: www.curtis.edu

What are the reviews and ratings of this charity?

Charity Navigator rating: 94% (Four-Star out of Four Stars)

The Curtis Institute of Music has achieved a Four-Star rating from Charity Navigator, signifying a high level of accountability and financial performance. With an impressive 94% score in Accountability & Finance, the organization demonstrates strong governance, as evidenced by its independent board members and comprehensive financial oversight. Significant metrics include a low liabilities-to-assets ratio and a high program expense ratio, indicating that a substantial portion of its resources is dedicated to its educational mission.

User feedback highlights the Curtis Institute's exceptional quality in music education and performances, with many praising the caliber of the student body and the world-class facilities. Donors feel valued and connected to the organization, appreciating the free public recitals and the emphasis on merit-based admissions. The strong commitment of the faculty and staff to the institution is also frequently noted, enhancing the experience for both students and patrons alike.

While the available data reflects positively on the Curtis Institute, it is important to acknowledge that maintaining such high standards requires continuous support and engagement from the community. The Institute's model of free education relies heavily on philanthropy, and ongoing donor relations are crucial for sustaining its programs. Overall, Curtis stands out as a premier institution dedicated to nurturing the next generation of classical musicians.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Curtis Institute Of Music legitimate?

Curtis Institute Of Music is a legitimate nonprofit organization registered as a 501(c)(3) entity. Curtis Institute Of Music submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,888,522
Professional Fundraising Fees: $22,748
Other Salaries and Wages: $8,589,987

For more financial information, click here


Official website here: www.curtis.edu

What is the mission statement of Curtis Institute Of Music?

The Curtis Institute of Music is a renowned music conservatory dedicated to educating and nurturing exceptionally gifted young musicians. Established in 1924, the institution offers a tuition-free music education, primarily funded by endowments and annual giving. Its mission is to train musicians who will engage a global community through their art. With a student body of around 150 and a faculty of 122 esteemed musicians, Curtis provides individualized attention and a personalized learning experience. The institute operates a dormitory building with full dining services for its on-campus students.


Official website here: www.curtis.edu

Who is the CEO of Curtis Institute Of Music?

Roberto Diaz is the President/Trustee of Curtis Institute Of Music.


Official website here: www.curtis.edu

What is the revenue of Curtis Institute Of Music?

Curtis Institute Of Music's revenue in 2022 was $65,896,582.


Official website here: www.curtis.edu

Who are the executives of Curtis Institute Of Music and what are their salaries?

The average compensation at Curtis Institute Of Music during 2022 was $30,639. There are 342 employees and 250 volunteers at Curtis Institute Of Music.


Here are 46 key members and their salaries:


Roberto Diaz (President/Trustee)
  • Compensation: $628,723
  • Related: $0
  • Other: $73,781
Eric Owens (Trustee/Faculty Member)
  • Compensation: $111,579
  • Related: $0
  • Other: $9,787
Anthony Mcgill (Trustee/Faculty Member)
  • Compensation: $50,686
  • Related: $0
  • Other: $0
Deborah Mfretz (Chair/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward A Montgomery Jr (Vice-Chair/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony B Creamer Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Fowler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Freyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce J Gould Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marsha Hunter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Cann (Trustee/Faculty Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mignon Groch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Jacobs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda E Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Liem (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yuen Sung Liu (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie B Mccann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John H Mcfadden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank J Mechura (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John J Medveckis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert H Mundheim (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Neff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
C Richard Neu (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Radbill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert H Rock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark E Rubenstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Stensrud (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Tolson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ludeke Von Maltzahn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Penelope P Watkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Whelchel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Wind (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Barbarin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank S Bayley Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Brody (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Bok (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Bomback (Treasurer)
  • Compensation: $263,234
  • Related: $0
  • Other: $21,739
Cynthia Heininger (Secretary (6/1/21-12/31/21))
  • Compensation: $95,298
  • Related: $0
  • Other: $23,970
Mary Claire Sullivan (Secretary (1/1/22-5/31/22))
  • Compensation: $56,659
  • Related: $0
  • Other: $8,732
Paul J Bryan (Dean Of Faculty And Students)
  • Compensation: $202,872
  • Related: $0
  • Other: $27,229
Christopher Mossey (Senior Vp Of Advancement (6/1/21-2/28/22))
  • Compensation: $233,931
  • Related: $0
  • Other: $14,514
Matthew Morgan (Chief Technology Officer)
  • Compensation: $150,367
  • Related: $0
  • Other: $38,038
Pamela Frank (Herbert R And Evelyn Axelrod Chair, Viol)
  • Compensation: $153,836
  • Related: $0
  • Other: $21,956
Vincent Ford (Senior Vp Of Digital Strategy And Innovation)
  • Compensation: $195,010
  • Related: $0
  • Other: $7,785
Andrew Lane (Vp Touring & Artist Management)
  • Compensation: $132,607
  • Related: $0
  • Other: $27,240
Kimberly Gould (Managing Director, Human Resources)
  • Compensation: $148,964
  • Related: $0
  • Other: $7,947


Official website here: www.curtis.edu

Where can I find the form 990 for Curtis Institute Of Music?

Curtis Institute Of Music's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.curtis.edu

Learn more at the official website: www.curtis.edu

Mission Statement of Curtis Institute Of Music

The Curtis Institute of Music, a renowned music conservatory, was established in 1924 with a mission to educate and nurture exceptionally gifted young musicians. Based in Philadelphia, Pennsylvania, this tuition-free institution is primarily funded through endowments and annual giving. The Curtis Institute focuses on developing students into engaging artists capable of connecting with a global audience through music. With a student body of approximately 150 and a faculty of 122 celebrated musicians, the institute offers personalized attention and rigorous training to its students. The curriculum is designed to challenge and inspire, with students receiving individualized instruction from world-class faculty members. The Curtis Institute also provides on-campus housing for its students, including a dormitory building with full dining services. Through its commitment to excellence and dedication to nurturing musical talent, the Curtis Institute of Music continues to make a significant impact on the music world.

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Impact




October, 2024

The Curtis Institute of Music plays a significant role in shaping the future of music by educating and training exceptionally gifted young musicians. Founded in 1924 in Philadelphia, Pennsylvania, Curtis has built a reputation for excellence, attracting a diverse and talented student body of approximately 150 musicians, supported by a distinguished faculty of 122 members.

Curtis's personalized approach to education ensures that students receive one-on-one attention, allowing for tailored mentorship that fosters individual artistic growth. This intimate learning environment prepares students not only as technically skilled performers but also as engaged artists who can connect with and enrich a global community through music.

The institution's commitment to tuition-free education democratizes access to high-level musical training, enabling gifted individuals from various backgrounds to pursue their dreams without the burden of financial constraints. By cultivating talent and creativity, Curtis significantly impacts the cultural landscape and contributes to the ongoing evolution of music as both an art form and a means of community engagement. Through performances, collaborations, and outreach, Curtis graduates go on to influence local and international music scenes, furthering the institute's mission to engage the world through the transformative power of music.




This information is meant to be a general summary of Curtis Institute Of Music. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$65,896,582 (2022)
Expenses
$26,055,133 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $24,762,273
  • Program Service Revenue: $2,985,418
  • Gross Receipts: $132,865,895

Assets and Liabilities:

  • Total Assets: $375,391,914
  • Total Liabilities: $16,566,699
  • Net Assets: $358,825,215

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DORMITORY REVENUE

Revenue

$1,328,745

CONCERT & TOURING INCOME

Revenue

$927,937

STUDENT FEES

Revenue

$573,034

SUMMER AND ONLINE PROGRAMS

Revenue

$155,702

Organization Details

Founding Year

1924

Principal Officer

Roberto Diaz

Main Address

1726 LOCUST STREET, PHILADELPHIA, PA, 19103

NTEE Category

Code: A6E0 - Arts

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