Nonprofit · EIN 04-2742359
MASSACHUSETTS COLLEGE OF ART AND DESIGN FOUNDATION INC
Tax-exempt · BOSTON, MA 02115
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,095,887 | $2,601,949 | $1,493,938 | $23,251,470 | $105,925 | $23,145,545 |
| June 30, 2024 | 990 | $3,442,208 | $3,561,508 | -$119,300 | $20,309,653 | $201,844 | $20,107,809 |
| June 30, 2023 | 990 | $3,639,374 | $2,961,423 | $677,951 | $18,543,628 | $265,876 | $18,277,752 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,711,903
- Program service revenue
- $0
- Investment income
- $1,308,236
- Net gain from sales of assets
- $671,481
- Net income from fundraising events
- $75,748
- Other revenue
- $75,748
Expenses
- Grants and similar amounts paid
- $1,954,688
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $20,901
- Program services (functional)
- $1,954,688
- Management and general (functional)
- $257,791
- Fundraising (functional)
- $389,470
Balance sheet and other
- Total assets, start of year
- $20,309,653
- Total assets, end of year
- $23,251,470
- Total liabilities, end of year
- $105,925
- Net assets, end of year
- $23,145,545
- Net assets without donor restrictions
- $974,961
- Net assets with donor restrictions
- $22,170,584
- Gross receipts
- $13,458,201
- Employees
- 0
- Volunteers
- 85
- Year formed
- 1981
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| James Mason | Director/Assoc. Provost MCAD Trustee or director | 0.1 | $0 | $186,984 | $25,769 |
| Kathryn Calnan | Assoc. VP of Institutional Adv Key employee | 1 | $0 | $138,462 | $23,727 |
| Emily Day | Executive Director/VP Inst. AD Officer | 5 | $0 | $122,803 | $19,783 |
| Laurie Naughton | DIRECTOR OF FINANCE Officer | 40 | $0 | $89,146 | $22,320 |
| Deirdre Nectow | Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Andra Dekkers | Vice Chair Trustee or director | 0.5 | $0 | $0 | $0 |
| Patricia Rivers | Vice Chair Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Ted Maclean | Treasurer Trustee or director | 0.5 | $0 | $0 | $0 |
| Katie Block | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Suzanne Bump | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Richard Coffman | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Nina Fletcher | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Courtney Jacobovits | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Wanita Kennedy | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Elizabeth Lowrey | Director Trustee or director | 0.5 | $0 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Valentine Talland | Chair Emerita Trustee or director | 1 | $0 |
| Halsey Morris | Director Trustee or director | 0.5 | $0 |
| Martha Willis | Director Trustee or director | 0.5 | $0 |
| Geeta Pradhan | Director Trustee or director | 0.5 | $0 |
| Nick Winton | Director Trustee or director | 0.5 | $0 |
| Ashley Karger | Director Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 24 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JAMES MASON | DIRECTOR/ASSOC. PROVOST MCAD Trustee or director | 0.1 | $0 | $197,914 | $24,506 |
| Kathryn Calnan | ASSOC. VP OF INSTITUTIONAL ADV Highest-paid employee | 1 | $0 | $127,480 | $19,620 |
| Fred Liang | DIRECTOR/PROFESSOR AT MCAD Trustee or director | 0.1 | $0 | $121,246 | $19,214 |
| Deirdre Nectow | Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ANDRA DEKKERS | Vice Chair Trustee or director | 0.5 | $0 | $0 | $0 |
| PATRICIA RIVERS | Vice Chair Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| TED MACLEAN | Treasurer Trustee or director | 0.5 | $0 | $0 | $0 |
| HENRY BINER | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| KATIE BLOCK | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Suzanne Bump | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| richard coffman | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Nina Fletcher | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Mary K Grant | Director/President of MCAD Trustee or director | 0.5 | $0 | $0 | $0 |
| Courtney Jacobovits | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Alison Judd | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Ashley Karger | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Wanita Kennedy | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Brenda Molife | Director/VP of Acad. Affairs Trustee or director | 0.5 | $0 | $0 | $0 |
| Emma Pickard | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Janice M Saragoni | Trustee Representative Trustee or director | 0.5 | $0 | $0 | $0 |
| Valentine Talland | Director Trustee or director | 1 | $0 | $0 | $0 |
| Chiara Trabucchi | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| Elizabeth Lowrey | Director Trustee or director | 0.5 | $0 | $0 | $0 |
| EMILY DAY | EXECUTIVE DIRECTOR/VP INST. AD Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 22 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARJORIE O'MALLEY | CLERK & EXECUTIVE DIRECTOR Trustee or director, Officer | 1 | $0 | $207,516 | $25,663 |
| JAMES MASON | DIRECTOR Trustee or director | 0.1 | $0 | $177,540 | $24,339 |
| FRED LIANG | DIRECTOR Trustee or director | 0.1 | $0 | $112,165 | $18,266 |
| DEIRDRE NECTOW | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PATRICIA RIVERS | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| CHARLES JOBSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| HENRY BINER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| KATIE BLOCK | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| RICHARD COFFMAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ANDRA DEKKERS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| NINA FLETCHER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MICHELLE INGARI | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| KRISTINE IRVING | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ALISON JUDD | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ASHLEY KARGER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| WANITA KENNEDY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ELIZABETH LOWREY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| TED MACLEAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ROBERTA MOORE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| EMMA PICKARD | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| VALENTINE TALLAND | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CHIARA TRABUCCHI | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 621 HUNTINGTON AVE, BOSTON, MA 02115-5801
- In care of
- % DEIRDRE NECTOW
- Principal officer (990 for 2024)
- DEIRDRE NECTOW, 621 Huntington Avenue, Boston, MA 02115
- Signed the 990
- DEIRDRE NECTOW, chair
- Phone
- (617) 879-7024
- Website
- www.massart.edu
- Return prepared by
- WITHUMSMITHBROWNPC
Mission
TO ASSIST IN THE EDUCATIONAL PROGRAMS, EXHIBITS, AWARDS, AND SCHOLARSHIPS, FOR STUDENTS OF MASSACHUSETTS COLLEGE OF ART AND DESIGN.
Program accomplishments
- PROVIDE SCHOLARSHIPS AND AWARDS TO THE STUDENTS OF MASSACHUSETTS COLLEGE OF ART AND DESIGN AND FUNDING FOR EDUCATIONAL PROGRAMS AND EXHIBITS.Expenses $1,893,888 · grants $1,893,888
- PROVIDE FUNDING FOR THE MASSACHUSETTS COLLEGE OF ART AND DESIGN GALLERIES CAPITAL PROJECT.Expenses $60,800 · grants $60,800
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2742359
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1981
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $23,251,470
- Income (IRS master file)
- $13,458,201
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,095,887 | $2,601,949 | $23,251,470 | IRS |
| 990 | June 2024 | $3,442,208 | $3,561,508 | $20,309,653 | IRS |
| 990 | June 2023 | $3,639,374 | $2,961,423 | $18,543,628 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2742359).
Questions about MASSACHUSETTS COLLEGE OF ART AND DESIGN FOUNDATION INC
- What is the EIN of MASSACHUSETTS COLLEGE OF ART AND DESIGN FOUNDATION INC?
- The employer identification number (EIN) of MASSACHUSETTS COLLEGE OF ART AND DESIGN FOUNDATION INC is 04-2742359.
- Is MASSACHUSETTS COLLEGE OF ART AND DESIGN FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
- Are donations to MASSACHUSETTS COLLEGE OF ART AND DESIGN FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MASSACHUSETTS COLLEGE OF ART AND DESIGN FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MASSACHUSETTS COLLEGE OF ART AND DESIGN FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MASSACHUSETTS COLLEGE OF ART AND DESIGN FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MASSACHUSETTS COLLEGE OF ART AND DESIGN FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names DEIRDRE NECTOW.
- Who are the officers and directors of MASSACHUSETTS COLLEGE OF ART AND DESIGN FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 21 people; 0 received compensation from the organization.
- How much revenue does MASSACHUSETTS COLLEGE OF ART AND DESIGN FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,095,887, expenses of $2,601,949 and total assets of $23,251,470 at year end.
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