Overview
What is New England Conservatory Of Music?
The New England Conservatory of Music (NEC) is a renowned higher education institution based in Boston, Massachusetts. With an enrollment of approximately 807 students, NEC offers a range of music programs leading to bachelor's, master's, doctoral degrees, and diplomas. The student body is evenly split between undergraduates and graduates. NEC's mission is to educate and train musicians of all ages from around the world. Through its comprehensive programs, NEC fosters the growth and development of musicians, helping them to reach their full potential in the music industry.
Official website here: www.necmusic.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating from Charity Navigator)
The New England Conservatory of Music has received a commendable Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. With an impressive score of 96% in Accountability & Finance, the organization demonstrates strong governance practices, including a fully independent board and robust audit and oversight committee measures.
Strengths of the Conservatory include its total compliance with best practices in governance and finance, such as having an independent board, effective conflict of interest and whistleblower policies, and transparency in financial reporting. Additionally, the organization allocates a significant portion of its budget to program expenses, indicating a commitment to its mission and effective use of resources.
While the Conservatory's score is exceptionally high, the limited feedback and lack of qualitative data may not provide insight into broader operational aspects or community impact. Nonetheless, the financial metrics and governance structure suggest that the organization is well-managed and dedicated to its educational purpose.
This AI summary has been generated from information found on Charity Navigator.
Is New England Conservatory Of Music legitimate?
New England Conservatory Of Music is a legitimate nonprofit organization registered as a 501(c)(3) entity. New England Conservatory 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: $1,844,292
Professional Fundraising Fees: $4,500
Other Salaries and Wages: $24,016,610
For more financial information, click here
Official website here: www.necmusic.edu
What is the mission statement of New England Conservatory Of Music?
The New England Conservatory of Music (NEC) is committed to educating and training musicians of all ages from around the world. NEC's mission lies in providing higher education opportunities, offering programs that lead to Bachelor's, Master's, Doctoral degrees, and diplomas. With an enrollment comprised of approximately equal parts undergraduates and graduate students, totaling around 807 students, NEC fosters the growth of musicians through rigorous academic and practical training.
Official website here: www.necmusic.edu
Who is the CEO of New England Conservatory Of Music?
Andrea Kalyn is the Board Trustee of New England Conservatory Of Music.
Official website here: www.necmusic.edu
What is the revenue of New England Conservatory Of Music?
New England Conservatory Of Music's revenue in 2022 was $112,202,723.
Official website here: www.necmusic.edu
Who are the executives of New England Conservatory Of Music and what are their salaries?
The average compensation at New England Conservatory Of Music during 2022 was $21,569. There are 1199 employees and 117 volunteers at New England Conservatory Of Music.
Here are 33 key members and their salaries:
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- Compensation: $138,987
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- Other: $7,612
Official website here: www.necmusic.edu
Where can I find the form 990 for New England Conservatory Of Music?
New England Conservatory Of Music's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.necmusic.edu
Learn more at the official website: www.necmusic.edu
Mission Statement of New England Conservatory Of Music
New England Conservatory of Music (NEC), a renowned higher education institution, dedicates itself to the education and training of musicians from all corners of the globe. This esteemed music school is committed to nurturing the artistic potential of its students, offering a diverse range of programs leading to undergraduate and graduate degrees, as well as doctoral degrees and diplomas.
Approximately half of NEC's enrollment comprises undergraduate students, while the other half consists of graduate students, totaling 807 individuals. NEC's mission extends beyond imparting musical knowledge; it strives to foster a community of artists who will make a lasting impact on the world of music. Through its rigorous academic programs, students receive a comprehensive education that prepares them for successful careers in music.
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Impact
October, 2024
New England Conservatory of Music (NEC) plays a pivotal role in the landscape of music education and training. It serves as a vital hub for aspiring musicians of all ages, drawing students from around the globe to engage in rigorous academic and artistic development. Offering a comprehensive array of degree programs, including bachelor's, master's, and doctoral degrees, NEC nurtures a diverse community of approximately 807 musicians, with an enrollment that is evenly split between undergraduates and graduate students.
The conservatory's mission extends beyond mere education; it fosters a profound connection to the arts, allowing students to cultivate their talents and pursue excellence in performance, composition, and music education. This commitment not only enhances the individual capabilities of its students but also contributes to the vibrancy of the cultural fabric in Boston and beyond. By preparing the next generation of musicians, NEC effectively shapes the future of music, ensuring that the arts continue to thrive in society. Through its programs and community initiatives, the conservatory impacts both its students and the broader community, promoting a rich musical heritage and encouraging lifelong engagement with the arts.
This information is meant to be a general summary of New England Conservatory 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $48,431,700
- Program Service Revenue: $52,309,881
- Gross Receipts: $320,754,038
Assets and Liabilities:
- Total Assets: $261,178,861
- Total Liabilities: $45,775,326
- Net Assets: $215,403,535
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND ACADEMIC FEES
Revenue
$44,705,018
ROOM AND BOARD
Revenue
$4,312,987
STUDENT HEALTH INSURANCE
Revenue
$1,176,265
NON-ACADEMIC FEES
Revenue
$871,922
HALL RENTALS
Revenue
$323,420
Organization Details
Founding Year
1867
Phone
(617) 585-1725Principal Officer
Andrea Kalyn
Main Address
290 HUNTINGTON AVENUE, BOSTON, MA, 02115
Website
www.necmusic.eduNTEE Category
Code: B430 - Education
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