Mission
THE MISSION OF THE INSTITUTE OF MUSICAL ART (IMA) IS SUPPORT OF THE JUILLIARD SCHOOL (JUILLIARD), A 501(C)(3) EXEMPT ORGANIZATION THROUGH ANNUAL DISTRIBUTIONS FROM THE IMA'S ENDOWMENT FUNDS.
Public Charity
INSTITUTE OF MUSICAL ART
Based in NEW YORK, NY, INSTITUTE OF MUSICAL ART operates as a Public Charity. The organization reported $664K in expenses, $13.5M in total assets for fiscal year 2025. Imperigo tracks 14 reported grant relationships connected to this organization totaling approximately $4.4M.
EIN: 136162648
NEW YORK, NY
Performing Arts Schools
NTEE: A6E
Latest filing: 2025
Total Expenses$664K
Total Assets$13.5M
Grant Records14
Funding Total$4.4M
Filing Years2021–2025
Where $100 goes at Institute of Musical Art
How Institute of Musical Art divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
Support paid to the juilliard school, a 501(c)(3) exempt organization
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
HUMAN SERVICES
$3,751,500
For grant recipient's exempt purposes
$288,803
$96,384
EDUCATION
$10,000
$69,153
Showing up to 5 of 14 total records — full history available with membership.
Officers & Directors
PRESIDENT
Bruce Kovner
TREASURER
Christine Todd
TRUSTEE
Joseph Polisi
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | — | $664K | $13.5M |
| 2024 | — | $639K | $12.8M |
| 2023 | — | $619K | $12.3M |
| 2022 | — | $577K | $12.6M |
| 2021 | — | $557K | $13.6M |
Interactive year-over-year charts and full filing details available with membership.