Nonprofit · EIN 23-7225104
NEW ENGLAND CONSERVATORY OF MUSIC
Tax-exempt · BOSTON, MA 02115
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $90,182,054 | $86,301,637 | $3,880,417 | $316,498,552 | $44,045,040 | $272,453,512 |
| June 30, 2024 | 990 | $80,188,605 | $79,475,197 | $713,408 | $290,282,506 | $43,214,974 | $247,067,532 |
| June 30, 2023 | 990 | $92,483,122 | $75,918,300 | $16,564,822 | $276,521,711 | $43,573,697 | $232,948,014 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $19,983,361
- of which government grants
- $4,896,620
- Program service revenue
- $61,923,676
- Investment income
- $8,362,998
- Net rental income
- $2,035
- Net gain from sales of assets
- $6,488,438
- Net income from fundraising events
- -$170,796
- Net income from sales of inventory
- $9,983
- Other revenue
- -$87,981
Expenses
- Grants and similar amounts paid
- $22,883,863
- Compensation of officers, directors and key employees
- $1,775,798
- Other salaries and wages
- $29,899,189
- Salaries, compensation and benefits (total)
- $38,378,144
- Professional fundraising fees
- $0
- Legal fees
- $312,947
- Accounting fees
- $168,411
- Occupancy
- $3,971,560
- Travel
- $706,471
- Depreciation
- $6,436,680
- Program services (functional)
- $69,750,256
- Management and general (functional)
- $13,468,442
- Fundraising (functional)
- $3,082,939
Balance sheet and other
- Total assets, start of year
- $290,282,506
- Total assets, end of year
- $316,498,552
- Total liabilities, end of year
- $44,045,040
- Net assets, end of year
- $272,453,512
- Land, buildings and equipment
- $87,135,094
- Publicly traded securities
- $25,724,928
- Net assets without donor restrictions
- $75,057,222
- Net assets with donor restrictions
- $197,396,290
- Gross unrelated business income
- $6,146
- Gross receipts
- $145,896,623
- Employees
- 1,393
- Volunteers
- 136
- Year formed
- 1867
- 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 | Other / benefits |
|---|---|---|---|---|
| KALYN ANDREA | PRESIDENT Officer | 40 | $469,636 | $103,874 |
| KELLY KATHLEEN | EXECUTIVE VICE PRESIDENT Key employee | 40 | $472,201 | $25,304 |
| WOODS HEATHER | VP & CHIEF INFORMATION OFFICER Key employee | 40 | $241,128 | $48,279 |
| EAGLEN LYSON JANE | COLLEGE FACULTY Highest-paid employee | 40 | $238,370 | $43,403 |
| WOLFF HUGH | COLLEGE FACULTY Highest-paid employee | 40 | $228,839 | $35,509 |
| BARTH COURTNEY | VP & CHIEF OF STAFF Key employee | 40 | $204,665 | $50,942 |
| WEILERSTEIN DONALD | COLLEGE FACULTY Highest-paid employee | 40 | $226,687 | $22,322 |
| KIM SOOVIN | COLLEGE FACULTY Highest-paid employee | 40 | $200,738 | $43,667 |
| SOSLAND BENJAMIN INTERIM | DEAN AND CHIEF ARTISTIC OFFICER Highest-paid employee | 40 | $218,438 | $13,634 |
| BARNES EVELYN | CFO/TREASURER Officer | 40 | $202,472 | $20,901 |
| ATHANASIOU NIKOLAOS | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| BAILEY ALLISON S | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| BARTLETT ANNE A | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| BEAL ENID L | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| BECTON HENRY | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
25 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BERMONT BECKY | BOARD TRUSTEE Trustee or director | 2 | $0 |
| BURNES KENNETT | BOARD TRUSTEE Trustee or director | 2 | $0 |
| CHEN MEI-ANN | BOARD TRUSTEE (ON LEAVE) Trustee or director | 2 | $0 |
| ELFERS DEBORAH B | BOARD TRUSTEE Trustee or director | 2 | $0 |
| ERLINGSSON UZOCHI N | BOARD TRUSTEE Trustee or director | 2 | $0 |
| FULHAM TIMOTHY W | BOARD TRUSTEE Trustee or director | 2 | $0 |
| GOLDENHEIM ANNA | BOARD TRUSTEE Trustee or director | 2 | $0 |
| GRAVES JR EDWIN D | BOARD TRUSTEE Trustee or director | 2 | $0 |
| GRAY ERIC A | BOARD TRUSTEE Trustee or director | 2 | $0 |
| JONI SAJ-NICOLE A | BOARD TRUSTEE Trustee or director | 2 | $0 |
| MCCASLIN KIMBERLY | BOARD TRUSTEE Trustee or director | 2 | $0 |
| METCALFE MURRAY | BOARD TRUSTEE Trustee or director | 2 | $0 |
| NICHOLS MARGARET H | BOARD TRUSTEE Trustee or director | 2 | $0 |
| ROSIELLO ROBERT | BOARD TRUSTEE Trustee or director | 2 | $0 |
| ROSS PETER | BOARD TRUSTEE Trustee or director | 2 | $0 |
| RUBIN SALLY L | BOARD TRUSTEE Trustee or director | 2 | $0 |
| SEKA PETER | BOARD TRUSTEE Trustee or director | 2 | $0 |
| SMITH CHAD | BOARD TRUSTEE Trustee or director | 2 | $0 |
| THONIS MICHAEL | BOARD TRUSTEE Trustee or director | 2 | $0 |
| WILKINS THOMAS A | BOARD TRUSTEE Trustee or director | 2 | $0 |
| WILMERDING FRANCES B | BOARD TRUSTEE Trustee or director | 2 | $0 |
| BLUMENTHAL THOMAS W | CHAIR OF THE BOARD OF TRUSTEES Trustee or director, Officer | 2 | $0 |
| GLAUBER BARBARA W | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| HENDRIX BLAIR E | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| LODER JOHN M | BOARD TRUSTEE, SECRETARY Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2024: 38 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KELLY KATHLEEN | EXECUTIVE VICE PRESIDENT Key employee | 40 | $483,134 | $22,493 |
| KALYN ANDREA | PRESIDENT Officer | 40 | $394,274 | $106,923 |
| SOSLAND BENJAMIN | PROVOST & DEAN OF FACULTY Key employee | 40 | $274,207 | $35,628 |
| WOODS HEATHER | VP & CHIEF INFORMATION OFFICER Key employee | 40 | $237,771 | $46,412 |
| WEILERSTEIN DONALD | COLLEGE FACULTY Highest-paid employee | 40 | $259,498 | $21,729 |
| EAGLEN LYSON JANE | COLLEGE FACULTY Highest-paid employee | 40 | $221,384 | $43,199 |
| KIM SOOVIN | COLLEGE FACULTY Highest-paid employee | 40 | $175,124 | $44,608 |
| BISS MARIAM FRIED | COLLEGE FACULTY Highest-paid employee | 40 | $178,925 | $29,580 |
| KATZ PAUL | COLLEGE FACULTY Highest-paid employee | 40 | $179,628 | $19,298 |
| SPINARD JOHN | FORMER CFO & TREASURER Former | 0 | $101,636 | $14,667 |
| ATHANASIOU NIKOLAOS | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| BAILEY ALLISON S | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| BARTLETT ANNE A | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| BEAL ENID L | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| BECTON HENRY | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| BERMONT BECKY | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| BURNES KENNETT | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHEN MEI-ANN | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| ELFERS DEBORAH B | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| ERLINGSSON UZOCHI N | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| FULHAM TIMOTHY W | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| GOLDENHEIM ANNA | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| GRAVES JR EDWIN D | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| GRAY ERIC A | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| JONI SAJ-NICOLE A | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| MCCASLIN KIMBERLY | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| METCALFE MURRAY | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| NICHOLS MARGARET H | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROSS PETER | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| RUBIN SALLY L | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| SMITH CHAD | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| WILKINS THOMAS A | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| WILMERDING FRANCES B | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| BLUMENTHAL THOMAS W | CHAIR OF THE BOARD OF TRUSTEES Trustee or director, Officer | 2 | $0 | $0 |
| GLAUBER BARBARA W | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| HENDRIX BLAIR E | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LODER JOHN M | BOARD TRUSTEE, SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| BARNES EVELYN | CFO/TREASURER (FROM 4/29/24) Officer | 40 | $0 | $0 |
990 for the year ended June 30, 2023: 35 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KALYN ANDREA | PRESIDENT Officer | 40 | $396,018 | $45,718 |
| KELLY KATHLEEN | EXECUTIVE VP Key employee | 40 | $358,321 | $16,125 |
| SOSLAND BENJAMIN | PROVOST & DEAN OF FACULTY Key employee | 40 | $257,343 | $36,508 |
| WEILERSTEIN DONALD | COLLEGE FACULTY Highest-paid employee | 35 | $235,269 | $26,332 |
| EAGLEN LYSON JANE | COLLEGE FACULTY Highest-paid employee | 35 | $208,157 | $43,054 |
| WOODS HEATHER | VP & CHIEF INFORMATION OFFICER Key employee | 40 | $215,560 | $30,113 |
| NOVAK THOMAS | FORMER VP & PROVOST Former | 0 | $229,679 | $0 |
| KIM SOOVIN | COLLEGE FACULTY Highest-paid employee | 35 | $167,986 | $55,055 |
| LESSER LAURENCE | COLLEGE FACULTY Highest-paid employee | 35 | $174,535 | $21,743 |
| KATZ PAUL | COLLEGE FACULTY Highest-paid employee | 35 | $173,907 | $21,705 |
| MARTIN KRISTINA FORMER ACTING | VP FINANCE/CONTROLLER (THRU 8/21/22) Former | 40 | $147,623 | $27,165 |
| SPINARD JOHN | CFO (FROM 7/25/22 THRU 4/14/23) Officer | 40 | $111,820 | $22,670 |
| ATHANASIOU NIKOLAOS | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| BAILEY ALLISON | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| BARTLETT ANNE A | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| BEAL ENID L | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| BECTON HENRY | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHEN MEI-ANN | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| ELFERS DEBORAH B | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| FULHAM TIMOTHY W | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| GRAVES JR EDWIN D | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| GRAY ERIC A | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| JONI SAJ-NICOLE | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| METCLFE MURRAY | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| NICHOLS MARGARET | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROSS PETER | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| RUBIN SALLY L | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| SMITH CHAD | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| THONIS MICHAEL | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| WILKINS THOMAS | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| WILMERDING FRANCES B | BOARD TRUSTEE Trustee or director | 2 | $0 | $0 |
| BLUMENTHAL THOMAS W | CHAIR OF THE BOARD OF TRUSTEES Trustee or director, Officer | 2 | $0 | $0 |
| GLAUBER BARBARA W | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| HENDRIX BLAIR E | VICE CHAIR & TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| LODER JOHN M | BOARD TRUSTEE, SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 290 HUNTINGTON AVE, BOSTON, MA 02115-5018
- In care of
- % AMANDA GATES
- Principal officer (990 for 2024)
- ANDREA KALYN, 290 HUNTINGTON AVENUE, BOSTON, MA 02115
- Signed the 990
- ANDREA KALYN, PRESIDENT
- Phone
- (617) 585-1725
- Website
- WWW.NECMUSIC.EDU
- Return prepared by
- RSM US LLP
Mission
NEW ENGLAND CONSERVATORY OF MUSIC (NEC) EDUCATES AND TRAINS MUSICIANS OF ALL AGES FROM AROUND THE WORLD.
Program accomplishments
- 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. (952 STUDENTS)Expenses $43,470,401 · grants $22,133,555 · revenue $48,845,013
- 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.Expenses $14,692,389 · revenue $5,821,931
- PREPARATORY AND ADULT EDUCATION - MUSIC INSTRUCTION FOR CHILDREN AGES 0-18 AND ADULTS OFFERED YEAR-ROUND. NOT LEADING TO A SPECIFIC DEGREE, OFFERINGS INCLUDE PRIVATE LESSONS, ENSEMBLES, AND CLASSES. 6% FINANCIAL AID IS PROVIDED BASED ON NEED. (1,687 STUDENTS)Expenses $8,821,289 · grants $750,308 · revenue $5,948,570
- 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.Expenses $2,766,177 · revenue $1,308,162
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
- 23-7225104
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1941
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B430)
- Assets (IRS master file)
- $316,498,552
- Income (IRS master file)
- $145,896,623
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $90,182,054 | $86,301,637 | $316,498,552 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $80,188,605 | $79,475,197 | $290,282,506 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $92,483,122 | $75,918,300 | $276,521,711 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $112,202,723 | $71,112,347 | $261,178,861 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | 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 23-7225104).
Questions about NEW ENGLAND CONSERVATORY OF MUSIC
- What is the EIN of NEW ENGLAND CONSERVATORY OF MUSIC?
- The employer identification number (EIN) of NEW ENGLAND CONSERVATORY OF MUSIC is 23-7225104.
- Is NEW ENGLAND CONSERVATORY OF MUSIC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1941.
- Are donations to NEW ENGLAND CONSERVATORY OF MUSIC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW ENGLAND CONSERVATORY OF MUSIC 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 NEW ENGLAND CONSERVATORY OF MUSIC 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 NEW ENGLAND CONSERVATORY OF MUSIC 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 NEW ENGLAND CONSERVATORY OF MUSIC?
- The 990 for the year ended June 30, 2025 names ANDREA KALYN.
- Who are the officers and directors of NEW ENGLAND CONSERVATORY OF MUSIC?
- The 990 for the year ended June 30, 2025 lists 40 people; 10 received compensation from the organization, the highest $469,636 (KALYN ANDREA, PRESIDENT).
- How much revenue does NEW ENGLAND CONSERVATORY OF MUSIC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $90,182,054, expenses of $86,301,637 and total assets of $316,498,552 at year end.
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