Mission
THE CLEVELAND INSTITUTE OF MUSIC'S MISSION IS TO EMPOWER THE WORLD'S MOST TALENTED CLASSICAL MUSIC STUDENTS TO FULFILL THEIR DREAMS AND POTENTIAL.
Public Charity
CLEVELAND INSTITUTE OF MUSIC
CLEVELAND INSTITUTE OF MUSIC is a nonprofit organization categorized as Public Charity based in CLEVELAND, OH. Its most recent IRS filing (2025) reports revenue of $33.0M, expenses of $29.6M, total assets of $162.0M. Imperigo tracks 81 reported grant relationships connected to this organization totaling approximately $6.6M.
EIN: 340714600
CLEVELAND, OH
Graduate & Professional Schools
NTEE: B50
Latest filing: 2025
Total Revenue$33.0M
Total Expenses$29.6M
Total Assets$162.0M
Grant Records81
Funding Total$6.6M
Filing Years2021–2025
Where $100 goes at Cleveland Institute of Music
How Cleveland Institute of Music divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$72
Programs
the work itself
$23
Management
running the organization
$5
Fundraising
raising the next dollar
Inside the $72 for programs
$72
The Cleveland Institute of Music is one of just seven independent conservatories of music in the united states, one of three devoted exclusively to classical music performance
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
GENERAL SUPPORT
$10,000
For grant recipient's exempt purposes
$347,115
GENERAL SUPPORT
$254,212
GENERAL SUPPORT
$170,753
GENERAL SUPPORT, ANNUAL FUND, SCHOLARSHIP FUND,
$160,725
Showing up to 5 of 81 total records — full history available with membership.
Officers & Directors
TRUSTEE
Anderson A Chace
TRUSTEE
Ban Stephen P
TRUSTEE
Bassett Cynthia
TRUSTEE
Beedles Michael W
ASST. SECRETARY
Best Sarah
TRUSTEE & VICE CHAIR
Bower Eric W
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $33.0M | $29.6M | $162.0M |
| 2024 | $37.0M | $31.8M | $152.9M |
| 2023 | $33.4M | $31.7M | $143.0M |
| 2022 | $45.6M | $28.8M | $139.5M |
| 2021 | $33.3M | $27.5M | $105.0M |
Between 2021 and 2025, reported annual revenue held roughly steady at around $33.0M, with total assets most recently reported at $162.0M.
Interactive year-over-year charts and full filing details available with membership.