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Nonprofit · EIN 04-2300472

BERKLEE COLLEGE OF MUSIC INC

Tax-exempt · BOSTON, MA 02215

Financials

$422.1M$406.1M2022$441.4M$448.6M2023$460.3M$464.7M2024
Revenue Expenses · by fiscal year end
Financials of BERKLEE COLLEGE OF MUSIC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$460,330,866$464,670,221-$4,339,355$988,069,581$396,166,020$591,903,561
May 31, 2024990$441,448,497$448,558,717-$7,110,220$953,128,354$414,861,449$538,266,905
May 31, 2023990$422,055,763$406,064,459$15,991,304$863,247,556$370,998,325$492,249,231
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$16,015,313
of which government grants
$4,050,573
Program service revenue
$434,575,346
Investment income
$6,590,676
Net rental income
$2,643,329
Net gain from sales of assets
$646,995
Net income from fundraising events
-$855,383
Net income from sales of inventory
-$389,241
Other revenue
$3,149,531

Expenses

Grants and similar amounts paid
$124,291,650
Compensation of officers, directors and key employees
$2,512,494
Other salaries and wages
$182,594,187
Salaries, compensation and benefits (total)
$228,182,706
Professional fundraising fees
$0
Legal fees
$26,794
Accounting fees
$552,655
Occupancy
$15,298,163
Travel
$4,286,041
Depreciation
$15,697,215
Program services (functional)
$379,262,231
Management and general (functional)
$83,233,382
Fundraising (functional)
$2,174,608

Balance sheet and other

Total assets, start of year
$953,128,354
Total assets, end of year
$988,069,581
Total liabilities, end of year
$396,166,020
Net assets, end of year
$591,903,561
Land, buildings and equipment
$309,449,193
Publicly traded securities
$496,821,292
Net assets without donor restrictions
$441,450,187
Net assets with donor restrictions
$150,453,374
Gross unrelated business income
$854,629
Gross receipts
$462,966,283
Employees
5,254
Volunteers
39
Year formed
1945
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 May 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ERICA MUHLFORMER PRESIDENT
Former
0$1,250,000$50,166
DAVID BOGENINTERIM PRESIDENT & PROVOST
Officer
40$577,646$67,085
ELIZABETH NEWMANEVP & CHIEF STRATEGY OFFICER
Key employee
40$531,568$60,198
JOHN CASEINTERIM CFO (END 5/25)
Officer
40$408,403$67,085
ERIN TUNNICLIFFESENIOR VICE PRESIDENT (END 1/25)
Highest-paid employee
40$415,775$54,520
DEBORAH CAVALIERSENIOR VICE PRESIDENT
Key employee
40$401,380$48,783
PHILLIP KNUTELVP & CHIEF INFORMATION OFFICER
Highest-paid employee
40$356,028$59,860
CLAIRE MACHAMERSENIOR VICE PRESIDENT
Highest-paid employee
40$342,591$65,644
EILEEN ALVITISENIOR VICE PRESIDENT, HR
Highest-paid employee
40$331,559$42,302
RONALD SAVAGEVP & EXECUTIVE DIRECTOR
Highest-paid employee
40$290,861$62,583
KAITLIN PASSAFAROSECRETARY
Officer
40$255,703$23,010
JIM LUCCHESEPRESIDENT (BEGINNING 1/25)
Trustee or director, Officer
40$0$0
MARTIN J MANNIONCHAIR
Trustee or director
2$0$0
CHARLES ANDERSONTRUSTEE
Trustee or director
2$0$0
LEE BURROWSTRUSTEE (BEGINNING 4/24)
Trustee or director
2$0$0
37 more people on this return
NameTitleHours / weekCompensation
DAVID CLEMTRUSTEE (END 5/25)
Trustee or director
2$0
JOHN CONNAUGHTONTRUSTEE (END 5/25)
Trustee or director
2$0
CYNTHIA K CURMETRUSTEE
Trustee or director
2$0
KRISTY EDMUNDSTRUSTEE (BEGINNING 10/24)
Trustee or director
2$0
EMILIO ESTEFANTRUSTEE (END 5/25)
Trustee or director
2$0
GLORIA ESTEFANTRUSTEE (END 5/25)
Trustee or director
2$0
DAVID FRIENDTRUSTEE (BEGINNING 5/25)
Trustee or director
2$0
DAVID GROSSTRUSTEE
Trustee or director
2$0
THOMAS H HAGERTYTRUSTEE
Trustee or director
2$0
VELINA HASU-HOUSTONTRUSTEE
Trustee or director
2$0
MARINA HATSOPOULOSTRUSTEE (BEGINNING 6/24)
Trustee or director
2$0
KRISTINE MOYER HIGGINSTRUSTEE (BEGINNING 5/25)
Trustee or director
2$0
CARLETTA HIGGINSONTRUSTEE (BEGINNING 5/25)
Trustee or director
2$0
STEVEN HOLTZMANTRUSTEE
Trustee or director
2$0
BILL KAISERTRUSTEE
Trustee or director
2$0
GRACE KELLYTRUSTEE
Trustee or director
2$0
PETER LABBATTRUSTEE (BEGINNING 4/24)
Trustee or director
2$0
MIE KYUNG LEETRUSTEE (END 5/25)
Trustee or director
2$0
HASSELL MCCLELLANTRUSTEE
Trustee or director
2$0
FREDERICK T MILLERTRUSTEE (END 5/25)
Trustee or director
2$0
PETER MULLERTRUSTEE (END 11/24)
Trustee or director
2$0
ROBERT S MURLEYTRUSTEE
Trustee or director
2$0
JIM PALLOTTATRUSTEE (BEGINNING 5/25)
Trustee or director
2$0
ANTHONY PANGAROTRUSTEE
Trustee or director
2$0
JEFF PATTERSONTRUSTEE (BEGINNING 5/25)
Trustee or director
2$0
JON PLATTTRUSTEE
Trustee or director
2$0
SNOW QINTRUSTEE
Trustee or director
2$0
DARIUS SIDEBOTHAMTRUSTEE
Trustee or director
2$0
DAVID SCOTT SLOANTRUSTEE
Trustee or director
2$0
ELIZABETH CARILLO THOMASTRUSTEE
Trustee or director
2$0
KATIE VITOLINSTRUSTEE (BEGINNING 4/24)
Trustee or director
2$0
PAUL WACHTERTRUSTEE
Trustee or director
2$0
TARIK WARDTRUSTEE
Trustee or director
2$0
SUSAN WHITEHEADTRUSTEE
Trustee or director
2$0
ANDY YOUNISSTRUSTEE
Trustee or director
2$0
MARILLYN ZACHARISTRUSTEE
Trustee or director
2$0
PAUL S DWORKISEVP & CFO (BEGINNING 4/25)
Officer
40$0
990 for the year ended May 31, 2024: 49 people
NameTitleHours / weekCompensationOther / benefits
ERICA MUHLPRESIDENT (THROUGH 7/28/23)
Trustee or director, Officer
40$1,717,413$50,166
DAVID BOGENINTERIM PRESIDENT (BEG. 6/19/23)
Trustee or director, Officer
40$480,593$62,957
ELIZABETH NEWMANSENIOR VICE PRESIDENT
Key employee
40$457,128$60,802
ERIN TUNNICLIFFESENIOR VICE PRESIDENT
Key employee
40$419,811$51,034
DEBORAH CAVALIERSENIOR VICE PRESIDENT
Key employee
40$405,115$46,068
PHILLIP KNUTELVP & CHIEF INFO. OFFICER
Key employee
40$350,749$52,200
EILEEN ALVITISENIOR VICE PRESIDENT, HR
Key employee
40$333,734$40,212
THOMAS RILEYFORMER VP (END 12/31/22)
Former
40$348,669$6,691
RONALD SAVAGEVP & ED
Highest-paid employee
40$284,297$59,308
RICHARD HISEYFORMER CFO & CIO (9/22-8/23)
Former
0$272,075$56,353
STEFANO FALCONIFORMER INTERIM CFO (9/1/22-5/14/23)
Former
0$277,321$45,123
STEFANIE HENNINGASSOC VP, CAREER STRGY & SVCS
Highest-paid employee
40$263,770$54,156
LACRETIA FLASHSENIOR VP FOR CAMPUS CULTURE
Highest-paid employee
40$290,093$27,414
KATHY LANGINTERIM HEAD OF TECHNOLOGY
Highest-paid employee
40$256,904$55,142
JEFF SAWADAVP OF FINANCE (END 03/07/24)
Highest-paid employee
40$256,399$31,812
MICHAEL SHINNINTERIM ED (BEGINNING 8/1/23)
Officer
40$213,576$72,692
KAITLIN PASSAFAROSECRETARY (BEGINNING 8/1/21)
Officer
40$248,767$22,340
JOHN CASEINTERIM CFO (BEGINNING 8/1/23)
Officer
40$157,965$24,749
MARTIN J MANNIONCHAIR
Trustee or director
2$0$0
SUSAN WHITEHEADTRUSTEE
Trustee or director
2$0$0
CHARLES ANDERSONTRUSTEE
Trustee or director
2$0$0
DAVID CLEMTRUSTEE
Trustee or director
2$0$0
JOHN CONNAUGHTONTRUSTEE
Trustee or director
2$0$0
CYNTHIA K CURMETRUSTEE
Trustee or director
2$0$0
EMILIO ESTEFANTRUSTEE
Trustee or director
2$0$0
GLORIA ESTEFANTRUSTEE
Trustee or director
2$0$0
DAVID GROSS-LOHTRUSTEE (END 04/24)
Trustee or director
2$0$0
THOMAS H HAGERTYTRUSTEE
Trustee or director
2$0$0
VELINA HASU-HOUSTONTRUSTEE
Trustee or director
2$0$0
CHARLES HIRSCHHORNTRUSTEE (END 04/24)
Trustee or director
2$0$0
STEVEN HOLTZMANTRUSTEE
Trustee or director
2$0$0
BILL KAISERTRUSTEE
Trustee or director
2$0$0
MIE KYUNG LEETRUSTEE
Trustee or director
2$0$0
HASSELL MCCLELLANTRUSTEE
Trustee or director
2$0$0
FREDERICK T MILLERTRUSTEE
Trustee or director
2$0$0
PETER MULLERTRUSTEE
Trustee or director
2$0$0
ROBERT S MURLEYTRUSTEE
Trustee or director
2$0$0
ANTHONY PANGAROTRUSTEE
Trustee or director
2$0$0
JON PLATTTRUSTEE
Trustee or director
2$0$0
SNOW QINTRUSTEE
Trustee or director
2$0$0
STEVEN RUCHEFSKYTRUSTEE (END 04/24)
Trustee or director
2$0$0
DAVID SCOTT SLOANTRUSTEE
Trustee or director
2$0$0
DARIUS SIDEBOTHAMTRUSTEE
Trustee or director
2$0$0
ELIZABETH CARILLO THOMASTRUSTEE
Trustee or director
2$0$0
PAUL WACHTERTRUSTEE
Trustee or director
2$0$0
TARIK WARDTRUSTEE
Trustee or director
2$0$0
ANDY YOUNISSTRUSTEE
Trustee or director
2$0$0
MARILLYN ZACHARISTRUSTEE
Trustee or director
2$0$0
GRACE KELLYTRUSTEE (BEGINNING 3/22)
Trustee or director
2$0$0
990 for the year ended May 31, 2023: 49 people
NameTitleHours / weekCompensationOther / benefits
ERICA MUHLPRESIDENT
Trustee or director, Officer
35$677,751$48,218
RICHARD HISEYCFO (THROUGH 08/31/22)
Officer
35$454,404$67,196
ELIZABETH NEWMANSENIOR VICE PRESIDENT
Highest-paid employee
35$388,077$57,557
DEBORAH CAVALIERSENIOR VICE PRESIDENT
Key employee
35$388,620$42,178
LAWRENCE J SIMPSONSENIOR VICE PRESIDENT
Key employee
35$335,667$66,918
THOMAS RILEYVICE PRESIDENT
Highest-paid employee
35$320,938$76,420
KATHY LANGINTERIM HEAD OF TECHNOLOGY
Highest-paid employee
35$293,073$53,203
EILEEN ALVITISENIOR VICE PRESIDENT, HR
Highest-paid employee
35$299,668$40,394
STEFANO FALCONIINTERIM CFO (9/1/22-5/14/23)
Officer
35$271,735$60,963
PETER COKKINIAS TERMPROFESSOR MUSIC ED
Highest-paid employee
35$283,112$0
MELISSA HOWESECRETARY
Officer
35$191,914$19,539
CATHLEEN YOUNGFORMER EXECUTIVE DIRECTOR (END 5/22)
Former
0$142,789$0
MARTIN J MANNIONCHAIR
Trustee or director
2$0$0
SUSAN WHITEHEADCHAIR EMERITA
Trustee or director
2$0$0
CHARLES ANDERSONTRUSTEE (BEGIN 05/23)
Trustee or director
2$0$0
G LEONARD BAKER JRTRUSTEE
Trustee or director
2$0$0
DAVID CLEMTRUSTEE
Trustee or director
2$0$0
JOHN CONNAUGHTONTRUSTEE
Trustee or director
2$0$0
CYNTHIA K CURMETRUSTEE
Trustee or director
2$0$0
EMILIO ESTEFANTRUSTEE
Trustee or director
2$0$0
GLORIA ESTEFANTRUSTEE
Trustee or director
2$0$0
FRANCESCA FREDERICKTRUSTEE
Trustee or director
2$0$0
DAVID GROSS-LOHTRUSTEE
Trustee or director
2$0$0
JOSH GRUSSTRUSTEE
Trustee or director
2$0$0
THOMAS H HAGERTYTRUSTEE
Trustee or director
2$0$0
VELINA HASU-HOUSTONTRUSTEE (BEGIN 03/23)
Trustee or director
2$0$0
CHARLES HIRSCHHORNTRUSTEE
Trustee or director
2$0$0
STEVEN HOLTZMANTRUSTEE
Trustee or director
2$0$0
BILL KAISERTRUSTEE
Trustee or director
2$0$0
MIE KYUNG LEETRUSTEE
Trustee or director
2$0$0
HASSELL MCCLELLANTRUSTEE
Trustee or director
2$0$0
JANE L MENDILLOTRUSTEE
Trustee or director
2$0$0
FREDERICK T MILLERTRUSTEE
Trustee or director
2$0$0
PETER MULLERTRUSTEE
Trustee or director
2$0$0
ROBERT S MURLEYTRUSTEE
Trustee or director
2$0$0
ANTHONY PANGAROTRUSTEE
Trustee or director
2$0$0
JON PLATTTRUSTEE
Trustee or director
2$0$0
SNOW QINTRUSTEE
Trustee or director
2$0$0
ALEX RIGOPULOSTRUSTEE
Trustee or director
2$0$0
STEVEN RUCHEFSKYTRUSTEE
Trustee or director
2$0$0
DAVID SCOTT SLOANTRUSTEE
Trustee or director
2$0$0
DARIUS SIDEBOTHAMTRUSTEE
Trustee or director
2$0$0
SUSAN SOLOMONTTRUSTEE
Trustee or director
2$0$0
ELIZABETH CARILLO THOMASTRUSTEE
Trustee or director
2$0$0
PAUL WACHTERTRUSTEE
Trustee or director
2$0$0
TARIK WARDTRUSTEE
Trustee or director
2$0$0
ANDY YOUNISSTRUSTEE
Trustee or director
2$0$0
MARILLYN ZACHARISTRUSTEE
Trustee or director
2$0$0
JEFF SHAMESTRUSTEE (END 03/23)
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
1140 BOYLSTON ST, BOSTON, MA 02215-3631
In care of
% KARA TUCKER
Principal officer (990 for 2024)
JIM LUCCHESE, 1140 BOYLSTON STREET, BOSTON, MA 022153693
Signed the 990
PAUL S DWORKIS, EVP & CFO
Phone
(617) 747-2287
Return prepared by
KPMG LLP

Mission

THE MISSION OF BERKLEE COLLEGE OF MUSIC IS TO FOSTER, ENCOURAGE AND PROMOTE THE CULTURE, STUDY, PRACTICE AND TEACHING OF VARIOUS BRANCHES OF MUSIC, THEATER, DANCING AND KINDRED ARTS AND TO CONDUCT A CONSERVATORY FOR INSTRUCTION IN THE VARIOUS BRANCHES OF MUSIC, THEATER, DANCING AND KINDRED ARTS.

990 for the year ended May 31, 2025

Program accomplishments

  • EDUCATION AND INSTRUCTION: THE PROGRAM IS PROVIDED TO DEVELOP THE SKILLS AND KNOWLEDGE OF STUDENTS SEEKING DEGREES IN MUSIC, THEATER, AND DANCE. THE COLLEGE PROVIDES OUTSTANDING FACULTY AND TEACHING FACILITIES FOR OVER 8,369 STUDENTS FROM THE US AND 134 FOREIGN COUNTRIES. THE COLLEGE ALSO OFFERS A NEW WAY FOR ARTISTS AROUND THE WORLD TO JOIN THE GLOBAL MUSIC COMMUNITY-AS PERFORMERS, AS PRACTITIONERS, AND AS LEADERS WITH THE COLLEGE'S FIRST INTERNATIONAL CAMPUS IN VALENCIA.
    Expenses $333,553,937 · grants $123,355,057 · revenue $361,493,982
  • BERKLEE ONLINE OFFERED ACCREDITED DEGREE AND CERTIFICATE PROGRAMS, AS WELL AS INDIVIDUAL COURSES, IN MUSIC PRODUCTION, PERFORMANCE, SONGWRITING, MUSIC BUSINESS, COMPOSITION, ELECTRONIC MUSIC, AND CORE MUSIC STUDIES, SERVING APPROXIMATELY 14,000 STUDENTS.
    Expenses $33,940,045 · grants $208,266 · revenue $38,947,826
  • AUXILIARY SERVICES: THE COLLEGE HAS RESIDENCE HALL FACILITIES TO PROVIDE HOUSING FOR THOSE STUDENTS THAT CHOOSE TO LIVE AT THE COLLEGE. THE COLLEGE ALSO PROVIDES MEAL PLANS FOR BOTH STUDENTS IN HOUSING AND THOSE COMMUTER STUDENTS THAT CHOOSE THIS PLAN.
    Expenses $11,768,249 · grants $728,327 · revenue $33,744,297

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 May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
04-2300472
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
1967
Accounting year ends
May
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B420)
Assets (IRS master file)
$988,069,581
Income (IRS master file)
$462,966,283

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$460,330,866$464,670,221$988,069,581XML
990-TMay 2025–––IRS
990May 2024$441,448,497$448,558,717$953,128,354XML
990-TMay 2024–––IRS
990May 2023$422,055,763$406,064,459$863,247,556XML
990-TMay 2023–––IRS
990May 2022$384,612,408$379,163,719$854,558,047IRS
990-TMay 2022–––IRS
990May 2021–––IRS
990-TMay 2021–––IRS
990May 2020–––IRS
990May 2019–––IRS
990May 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 04-2300472).

Questions about BERKLEE COLLEGE OF MUSIC INC

What is the EIN of BERKLEE COLLEGE OF MUSIC INC?
The employer identification number (EIN) of BERKLEE COLLEGE OF MUSIC INC is 04-2300472.
Is BERKLEE COLLEGE OF MUSIC INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1967.
Are donations to BERKLEE COLLEGE OF MUSIC INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BERKLEE COLLEGE OF MUSIC 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 BERKLEE COLLEGE OF MUSIC INC due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BERKLEE COLLEGE OF MUSIC INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of BERKLEE COLLEGE OF MUSIC INC?
The 990 for the year ended May 31, 2025 names JIM LUCCHESE.
Who are the officers and directors of BERKLEE COLLEGE OF MUSIC INC?
The 990 for the year ended May 31, 2025 lists 52 people; 11 received compensation from the organization, the highest $1,250,000 (ERICA MUHL, FORMER PRESIDENT).
How much revenue does BERKLEE COLLEGE OF MUSIC INC have?
On its 990 for the year ended May 31, 2025 it reported revenue of $460,330,866, expenses of $464,670,221 and total assets of $988,069,581 at year end.

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