Mission
TO ASSIST IN THE EDUCATIONAL PROGRAMS, EXHIBITS, AWARDS, AND SCHOLARSHIPS, FOR STUDENTS OF MASSACHUSETTS COLLEGE OF ART AND DESIGN.
Public Charity
Massachusetts College of Art and Design Foundation Inc
Based in Boston, MA, Massachusetts College of Art and Design Foundation Inc operates as a Public Charity. The organization reported $4.1M in revenue, $2.6M in expenses, $23.3M in total assets for fiscal year 2025. Imperigo tracks 64 reported grant relationships connected to this organization totaling approximately $6.5M.
EIN: 042742359
Boston, MA
Latest filing: 2025
Total Revenue$4.1M
Total Expenses$2.6M
Total Assets$23.3M
Grant Records64
Funding Total$6.5M
Filing Years2020–2025
Where $100 goes at Massachusetts College of Art and Design Foundation Inc
How Massachusetts College of Art and Design Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$89
Programs
the work itself
$6
Management
running the organization
$5
Fundraising
raising the next dollar
Inside the $89 for programs
$86
Provide scholarships and awards to the students of massachusetts college of art and design and funding for educational programs and exhibits
$3
Provide funding for the massachusetts college of art and design galleries capital project
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.
Sample Grants Received
$21,900
For grant recipient's exempt purposes
$493,160
Operating Support/Annual Fund
$75,000
FOR RECIPIENT'S EXEMPT PURPOSE
$37,500
OUT-OF-SCHOOL TIME INITIATIVE
$15,000
Showing up to 5 of 64 total records — full history available with membership.
Officers & Directors
Vice Chair
Andra Dekkers
Director
Ashley Karger
Director
Courtney Jacobovits
Chair
Deirdre Nectow
Director
Elizabeth Lowrey
Executive Director/VP Inst. AD
Emily Day
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $4.1M | $2.6M | $23.3M |
| 2024 | $3.4M | $3.6M | $20.3M |
| 2023 | $3.6M | $3.0M | $18.5M |
| 2021 | $4.9M | $3.6M | $18.3M |
| 2020 | $5.1M | $3.7M | $15.7M |
Between 2020 and 2025, reported annual revenue declined from $5.1M to $4.1M (-19%), with total assets most recently reported at $23.3M.
Interactive year-over-year charts and full filing details available with membership.