Public Charity

BERKLEE COLLEGE OF MUSIC INC

BERKLEE COLLEGE OF MUSIC INC is a nonprofit organization categorized as Public Charity based in BOSTON, MA. Its most recent IRS filing (2025) reports revenue of $460.3M, expenses of $464.7M, total assets of $988.1M. Imperigo tracks 200 reported grant relationships connected to this organization totaling approximately $42.4M.

EIN: 042300472 BOSTON, MA Undergraduate Colleges NTEE: B42 Latest filing: 2025
Total Revenue$460.3M
Total Expenses$464.7M
Total Assets$988.1M
Grant Records200
Funding Total$42.4M
Filing Years2021–2025

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.

Where $100 goes at Berklee College of Music Inc

How Berklee College of Music Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$82 Programs the work itself
$16 Management running the organization
$2 Fundraising raising the next dollar

Inside the $82 for programs

$72
Education and instruction
88% of program spending · Reported in the filing: 8,369 students
$7
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…
9% of program spending · Reported in the filing: 14,000 students
$3
Auxiliary services
3% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Andy Youniss
TRUSTEE Anthony Pangaro
TRUSTEE Bill Kaiser
TRUSTEE (BEGINNING 5/25) Carletta Higginson
TRUSTEE Charles Anderson
SENIOR VICE PRESIDENT Claire Machamer

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$20,582,950 86 grants
Education
$17,996,455 86 grants
Research & Policy
$2,910,000 3 grants
Arts & Culture
$751,597 12 grants
Youth Development
$125,000 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $460.3M $464.7M $988.1M
2024 $441.4M $448.6M $953.1M
2023 $422.1M $406.1M $863.2M
2022 $384.6M $379.2M $854.6M
2021 $313.5M $321.0M $889.5M

Between 2021 and 2025, reported annual revenue grew from $313.5M to $460.3M (+47%), with total assets most recently reported at $988.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for BERKLEE COLLEGE OF MUSIC INC

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