Nonprofit · EIN 04-1286950
EMERSON COLLEGE
Tax-exempt · BOSTON, MA 02116
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $340,234,910 | $348,760,928 | -$8,526,018 | $1,162,646,095 | $556,693,904 | $605,952,191 |
| June 30, 2024 | 990 | $345,463,060 | $342,509,298 | $2,953,762 | $1,158,204,287 | $574,177,978 | $584,026,309 |
| June 30, 2023 | 990 | $331,849,178 | $318,980,558 | $12,868,620 | $1,142,841,556 | $592,022,004 | $550,819,552 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $9,875,044
- of which government grants
- $1,193,428
- Program service revenue
- $302,885,688
- Investment income
- $12,435,257
- Royalties
- $2,928,000
- Net rental income
- $1,614,132
- Net gain from sales of assets
- $217,840
- Net income from fundraising events
- $14,828
- Other revenue
- $15,038,921
Expenses
- Grants and similar amounts paid
- $77,837,641
- Compensation of officers, directors and key employees
- $2,987,701
- Other salaries and wages
- $105,663,033
- Salaries, compensation and benefits (total)
- $138,653,281
- Professional fundraising fees
- $0
- Legal fees
- $1,158,651
- Accounting fees
- $404,521
- Occupancy
- $12,843,303
- Travel
- $3,312,459
- Depreciation
- $21,533,402
- Program services (functional)
- $294,268,928
- Management and general (functional)
- $48,545,452
- Fundraising (functional)
- $5,946,548
Balance sheet and other
- Total assets, start of year
- $1,158,204,287
- Total assets, end of year
- $1,162,646,095
- Total liabilities, end of year
- $556,693,904
- Net assets, end of year
- $605,952,191
- Land, buildings and equipment
- $719,539,454
- Publicly traded securities
- $293,769,780
- Net assets without donor restrictions
- $507,078,332
- Net assets with donor restrictions
- $98,873,859
- Gross unrelated business income
- $133,327
- Gross receipts
- $538,860,558
- Employees
- 3,504
- Volunteers
- 1,077
- Year formed
- 1880
- 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 |
|---|---|---|---|---|
| JAY BERNHARDT | PRESIDENT Trustee or director, Officer | 40 | $859,615 | $190,551 |
| PAUL DWORKIS | VP ADMIN & FIN (THRU 01/2025) Officer | 40 | $452,976 | $60,936 |
| ALLISON DAWSON | VP FOR INSTITUTIONAL ADVANCEMENT Highest-paid employee | 40 | $354,187 | $55,298 |
| JAN ROBERTS-BRESLIN | PROF(THRU 12/24)/DEAN GRAD/PROF STUD Highest-paid employee | 40 | $316,103 | $58,248 |
| ROBERT J BUTLER JR | AVP FIN(THRU 1/25)/INT VP FIN/CFO Officer | 40 | $281,324 | $69,409 |
| MELISSA RICHARDS | VP & CHIEF OF STAFF (THRU 05/2024) Highest-paid employee | 40 | $316,916 | $21,894 |
| CAROLINA AVELLANEDA | GENERAL COUNSEL Officer | 40 | $301,422 | $33,332 |
| SPENCER KIMBALL | DIR OF POLLING CENTER/ASSOC PROF Highest-paid employee | 40 | $283,223 | $47,457 |
| SHAYA GREGORY POKU | VP FOR EQUITY & SOCIAL JUSTICE Highest-paid employee | 40 | $284,129 | $31,716 |
| ALEXANDRA SOCARIDES | PROVOST & VP ACAD AFF (AS OF 07/24) Officer | 2 | $271,332 | $35,206 |
| MATT BOYCE | VP FOR ENROLLMENT MGMT (AS OF 07/24) Key employee | 2 | $212,801 | $17,124 |
| ERIC ALEXANDER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ROBERT MILLER | CO-VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| SHEILA ROBINSON | CO-VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DOUG HERZOG | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
26 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT GOLDENBERG | BOARD MEMBER (THRU 05/25)/TREASURER Trustee or director, Officer | 2 | $0 |
| MICHAEL MACWADE | TREASURER (THRU 05/2025) Trustee or director, Officer | 2 | $0 |
| RANDY BARBATO | BOARD MEMBER (AS OF 05/2025) Trustee or director | 2 | $0 |
| VIVIAN BEARD | BOARD MEMBER Trustee or director | 2 | $0 |
| TRACI BLACKWELL | BOARD MEMBER Trustee or director | 2 | $0 |
| KEVIN BRIGHT | BOARD MEMBER Trustee or director | 2 | $0 |
| ELLEN CALMAS | BOARD MEMBER Trustee or director | 2 | $0 |
| LORENZO DI BONAVENTURA | BOARD MEMBER Trustee or director | 2 | $0 |
| BILL GERSH | BOARD MEMBER (AS OF 05/2025) Trustee or director | 2 | $0 |
| LIZ DALY GERSH | BOARD MEMBER (AS OF 05/2025) Trustee or director | 2 | $0 |
| IRA GOLDSTONE | BOARD MEMBER Trustee or director | 2 | $0 |
| SETH GRAHAME-SMITH | BOARD MEMBER Trustee or director | 2 | $0 |
| DOUGLAS HOLLOWAY | BOARD MEMBER (THRU 05/2025) Trustee or director | 2 | $0 |
| JOSEPH JOHNSON III | BOARD MEMBER Trustee or director | 2 | $0 |
| ADELE LIM | BOARD MEMBER Trustee or director | 2 | $0 |
| PETER LOGE | BOARD MEMBER (AS OF 05/2025) Trustee or director | 2 | $0 |
| KEVIN MCKEON | BOARD MEMBER (AS OF 05/2025) Trustee or director | 2 | $0 |
| ANDREA MONTONI | BOARD MEMBER Trustee or director | 2 | $0 |
| PAUL J MORRA | BOARD MEMBER Trustee or director | 2 | $0 |
| MAX MUTCHNICK | BOARD MEMBER Trustee or director | 2 | $0 |
| PATRICIA PEYTON | BOARD MEMBER Trustee or director | 2 | $0 |
| SAM PRESTI | BOARD MEMBER (AS OF 05/2025) Trustee or director | 2 | $0 |
| STEVEN SAMUELS | BOARD MEMBER Trustee or director | 2 | $0 |
| SUSAN NAMM SPENCER | BOARD MEMBER Trustee or director | 2 | $0 |
| CATHY WEISS | BOARD MEMBER Trustee or director | 2 | $0 |
| PETER ZAMORE | BOARD MEMBER (THRU 03/2025) Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 42 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAY BERNHARDT | PRESIDENT Trustee or director, Officer | 40 | $512,601 | $145,042 |
| PAUL DWORKIS | VP FOR ADMINISTRATION AND FINANCE Officer | 40 | $456,992 | $59,976 |
| WILLIAM GILLIGAN | FORMER INTERIM PRESIDENT Highest-paid employee | 40 | $463,837 | $23,601 |
| DAVID CHRISTOPHER HOWSE | VP, OFFICE OF THE ARTS(THRU 11/2023) Highest-paid employee | 40 | $428,403 | $32,302 |
| JAN ROBERTS-BRESLIN | INT. PROVOST & VP FOR ACADEMIC AFF. Officer | 40 | $325,429 | $58,718 |
| SPENCER KIMBALL | DIR OF POLLING CENTER/ASSOC PROF Highest-paid employee | 40 | $275,371 | $43,117 |
| ROBERT J BUTLER JR | ASSOCIATE VICE PRESIDENT, FINANCE Highest-paid employee | 40 | $259,457 | $46,348 |
| SHAYA GREGORY POKU | VP FOR EQUITY & SOCIAL JUSTICE Highest-paid employee | 40 | $270,028 | $14,096 |
| ERIC ALEXANDER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KEVIN BRIGHT | CO-VICE CHAIR (THRU 5/24)/BOARD MEM Trustee or director, Officer | 2 | $0 | $0 |
| DOUGLAS HOLLOWAY | CO-VICE CHAIR (THRU 5/24)/BOARD MEM Trustee or director, Officer | 2 | $0 | $0 |
| ELLEN CALMAS | TREASURER (THRU 5/24)/BOARD MEMBER Trustee or director, Officer | 2 | $0 | $0 |
| ROBERT MILLER | SECRETARY (THRU 5/24)/CO-VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| SHEILA ROBINSON | BOARD MEM(THRU 5/24)/CO-VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DOUG HERZOG | BOARD MEM(THRU 5/24)/SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| MICHAEL MACWADE | BOARD MEMBER (THRU 5/24)/TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| VIVIAN BEARD | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TRACI BLACKWELL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DENA DAVIS | BOARD MEMBER (THRU 03/2024) Trustee or director | 2 | $0 | $0 |
| VINCENT J DI BONA | BOARD MEMBER (THRU 05/2024) Trustee or director | 2 | $0 | $0 |
| LORENZO DI BONAVENTURA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROBERT FRIEND | BOARD MEMBER (THRU 05/2024) Trustee or director | 2 | $0 | $0 |
| SCOTT GOLDENBERG | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| IRA GOLDSTONE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SETH GRAHAME-SMITH | BOARD MEMBER (AS OF 05/2024) Trustee or director | 2 | $0 | $0 |
| JEFFREY D GREENHAWT | BOARD MEMBER (THRU 05/2024) Trustee or director | 2 | $0 | $0 |
| ALBERT M JAFFE | BOARD MEMBER (THRU 05/2024) Trustee or director | 2 | $0 | $0 |
| JOSEPH JOHNSON III | BOARD MEMBER (AS OF 05/2024) Trustee or director | 2 | $0 | $0 |
| ADELE LIM | BOARD MEMBER (AS OF 05/2024) Trustee or director | 2 | $0 | $0 |
| MICHAEL MARA | BOARD MEMBER (THRU 01/2024) Trustee or director | 2 | $0 | $0 |
| ANDREA MONTONI | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PAUL J MORRA | BOARD MEMBER (AS OF 05/2024) Trustee or director | 2 | $0 | $0 |
| MAX MUTCHNICK | BOARD MEMBER (AS OF 05/2024) Trustee or director | 2 | $0 | $0 |
| PATRICIA PEYTON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| NATE PUSEY | BOARD MEMBER (THRU 05/2024) Trustee or director | 2 | $0 | $0 |
| STEVEN SAMUELS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| RAJ SHARMA | BOARD MEMBER (THRU 05/2024) Trustee or director | 2 | $0 | $0 |
| SUSAN NAMM SPENCER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CATHY WEISS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PETER ZAMORE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARILLYN ZACHARIS | BOARD MEMBER (THRU 05/2024) Trustee or director | 2 | $0 | $0 |
| CAROLINA AVELLANEDA | GENERAL COUNSEL (AS OF 03/2024) Officer | 40 | $0 | $0 |
990 for the year ended June 30, 2023: 40 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM GILLIGAN | INTERIM PRESIDENT (THRU 05/2023) Trustee or director, Officer | 40 | $934,593 | $63,663 |
| PAUL DWORKIS | VP FOR ADMINISTRATION AND FINANCE Officer | 40 | $436,023 | $61,211 |
| JAN ROBERTS-BRESLIN | INT. PROVOST & VP FOR ACADEMIC AFF. Officer | 40 | $308,593 | $58,909 |
| RUTHANNE MADSEN | VP FOR ENROLLMENT MGT. (THRU 11/22) Key employee | 40 | $291,440 | $38,734 |
| DAVID CHRISTOPHER HOWSE | VP OF THE OFFICE OF THE ARTS Highest-paid employee | 40 | $293,271 | $36,864 |
| MARGARET INGS | VP, GOVT. AND COMMUNITY RELATIONS Highest-paid employee | 40 | $307,622 | $18,873 |
| ANNE SHAUGHNESSY | VP AND CHIEF OF STAFF Highest-paid employee | 40 | $251,804 | $56,464 |
| SPENCER KIMBALL | DIR OF POLLING CENTER/ASSOC PROF Highest-paid employee | 40 | $247,208 | $42,670 |
| ROBERT J BUTLER JR | ASSOCIATE VICE PRESIDENT, FINANCE Highest-paid employee | 40 | $245,543 | $27,165 |
| MEREDITH AINBINDER | FORMER GENERAL COUNSEL Former | 40 | $124,782 | $17,267 |
| JAY BERNHARDT | PRESIDENT (AS OF 06/2023) Trustee or director, Officer | 40 | $0 | $0 |
| ERIC ALEXANDER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KEVIN BRIGHT | CO-VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DOUGLAS HOLLOWAY | CO-VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ELLEN CALMAS | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ROBERT MILLER | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| VIVIAN BEARD | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TRACI BLACKWELL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| VINCENT J DI BONA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DENA DAVIS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| LORENZO DI BONAVENTURA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ROBERT FRIEND | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SCOTT GOLDENBERG | BOARD MEMBER (AS OF 05/2023) Trustee or director | 2 | $0 | $0 |
| IRA GOLDSTONE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JEFFREY D GREENHAWT | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| GARY GROSSMAN | BOARD MEMBER (THRU 05/2023) Trustee or director | 2 | $0 | $0 |
| DOUG HERZOG | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ALBERT M JAFFE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MICHAEL MACWADE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MICHAEL MARA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ANDREA MONTONI | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PATRICIA PEYTON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| NATE PUSEY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SHEILA ROBINSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| STEVEN SAMUELS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| RAJ SHARMA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SUSAN NAMM SPENCER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CATHY WEISS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PETER ZAMORE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARILLYN ZACHARIS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 120 BOYLSTON STREET, BOSTON, MA 02116-4611
- In care of
- % JONATHAN PEARSALL
- Mailing address (990-N for 2021)
- 120 Boylston Street, Boston MA 02116
- Principal officer (990 for 2024)
- JAY BERNHARDT, 120 BOYLSTON STREET, BOSTON, MA 021164624
- Principal officer (990-N for 2021)
- Jonathan Ruest, 13 north main street, assonet MA 02702
- Signed the 990
- RICHARD MADONNA, VP OF FINANCE AND CFO
- Phone
- (617) 824-8500
- Return prepared by
- GRANT THORNTON ADVISORS LLC
Mission
SEE SCHEDULE O.EMERSON COLLEGE'S MISSION IS TO EDUCATE AND ELEVATE EXTRAORDINARY ARTISTS, COMMUNICATORS, SCHOLARS, AND PROFESSIONALS FOR THE BETTERMENT OF HUMANITY. WE PURSUE THIS MISSION THROUGH WORLD-CLASS TEACHING, PRACTICE, PERFORMANCE, AND DISCOVERY THAT ARE EXPERIENTIAL, INNOVATIVE, AND INCLUSIVE.
Program accomplishments
- EMERSON COLLEGE'S MISSION IS TO EDUCATE AND ELEVATE EXTRAORDINARY ARTISTS, COMMUNICATORS, SCHOLARS, AND PROFESSIONALS FOR THE BETTERMENT OF HUMANITY. WE PURSUE THIS MISSION THROUGH WORLD-CLASS TEACHING, PRACTICE, PERFORMANCE, AND DISCOVERY THAT ARE EXPERIENTIAL, INNOVATIVE, AND INCLUSIVE. THE COLLEGE EDUCATES APPROXIMATELY 3,500 UNDERGRADUATE AND 1,300 GRADUATE STUDENTS ANNUALLY - THIS YEAR FROM 50 U.S. STATES, WASHINGTON, D.C., PUERTO RICO, THE US VIRGIN ISLANDS, AND 69 COUNTRIES. THE COLLEGE HAS MORE THAN 600 FULL AND PART-TIME FACULTY.Expenses $221,251,928 · grants $77,837,641 · revenue $246,768,799
- AUXILIARY ENTERPRISES PROVIDE SERVICES FOR STUDENTS TO ENSURE THEY ARE APPROPRIATELY SUPPORTED. THESE SERVICES PREDOMINANTLY INCLUDE ROOM, BOARD, AND BOOKSTORE OPERATIONS. THEATRE OPERATIONS ARE ALSO CLASSIFIED AS AN AUXILIARY ENTERPRISE.Expenses $73,017,000 · revenue $66,117,355
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
- 04-1286950
- 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
- 1959
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B42)
- Assets (IRS master file)
- $1,162,646,095
- Income (IRS master file)
- $538,860,558
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $340,234,910 | $348,760,928 | $1,162,646,095 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $345,463,060 | $342,509,298 | $1,158,204,287 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $331,849,178 | $318,980,558 | $1,142,841,556 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990-N for 2021 Officer: Jonathan Ruest | June 30, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | June 2022 | – | – | – | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2008 Officer: Jonathan Ruest | June 30, 2009 | ≤ $50,000 receipts | – | – | e-Postcard |
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 04-1286950).
Questions about EMERSON COLLEGE
- What is the EIN of EMERSON COLLEGE?
- The employer identification number (EIN) of EMERSON COLLEGE is 04-1286950.
- Is EMERSON COLLEGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
- Are donations to EMERSON COLLEGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EMERSON COLLEGE 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 EMERSON COLLEGE 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 EMERSON COLLEGE 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 EMERSON COLLEGE?
- The 990 for the year ended June 30, 2025 names JAY BERNHARDT.
- Who are the officers and directors of EMERSON COLLEGE?
- The 990 for the year ended June 30, 2025 lists 41 people; 11 received compensation from the organization, the highest $859,615 (JAY BERNHARDT, PRESIDENT).
- How much revenue does EMERSON COLLEGE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $340,234,910, expenses of $348,760,928 and total assets of $1,162,646,095 at year end.
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