Public Charity

Montserrat College Of Art Inc

Montserrat College Of Art Inc is a Public Charity headquartered in Beverly, MA. Financial data from the 2025 filing: $15.4M revenue, $15.9M expenses, $18.7M total assets. 36 publicly reported grants to this organization, totaling roughly $2.8M, appear in IRS filings.

EIN: 521859814 Beverly, MA Higher Education NTEE: B40 Latest filing: 2025
Total Revenue$15.4M
Total Expenses$15.9M
Total Assets$18.7M
Grant Records36
Funding Total$2.8M
Filing Years2021–2025

Mission

FOUNDED BY WORKING CREATIVE PROFESSIONALS, MONTSERRAT COLLEGE OF ART PROVIDES AN INDIVIDUALIZED EDUCATION FOCUSED ON MAXIMIZING THE PROFESSIONAL AND PERSONAL SUCCESS OF EACH STUDENT. STRUCTURED AROUND EXPERIENTIAL LEARNING, STUDIO PRACTICE, LIBERAL ARTS, AND PROFESSIONAL PREPARATION, THE MISSION OF THE COLLEGE IS TO ENSURE THAT ITS GRADUATES LEAVE EQUIPPED WITH THE COMPETENCE, CONFIDENCE, AND HABITS OF MIND TO BUILD LIVES OF CREATIVE ENTERPRISE AND COMMUNITY ENGAGEMENT. MONTSERRAT RECOGNIZES ITS ROLE AS AN ECONOMIC DRIVER AND CULTURAL LEADER IN THE REGION. MONTSERRAT COLLEGE OF ART IS A NON-PROFIT, INDEPENDENT ART SCHOOL, ACCREDITED BY THE NEW ENGLAND COMMISSION OF HIGHER EDUCATION (NECHE), THROUGH ITS COMMISSION ON INSTITUTIONS OF HIGHER EDUCATION TO AWARD THE BACHELOR OF FINE ARTS DEGREE IN 10 STUDIO CONCENTRATIONS. THE COLLEGE IS ALSO A MEMBER OF THE ASSOCIATION OF INDEPENDENT COLLEGES OF ART AND DESIGN.

Where $100 goes at Montserrat College Of Art Inc

How Montserrat College Of Art Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$75 Programs the work itself
$24 Management running the organization
$1 Fundraising raising the next dollar

Inside the $75 for programs

$75
Montserrat has an active student body of 360+ students as of fall 2024 and employs 70+ faculty members
All program spending · Reported in the filing: 360 students; 70 members
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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.

Sample Grants Received

MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
2024
UNRESTRICTED GENERAL SUPPORT
$60,000
ESSEX COUNTY COMMUNITY FOUNDATION INC
2024
EDUCATION AND YOUTH DEVELOPMENT
$13,000
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
2024
For grant recipient's exempt purposes
$8,600
Boston Foundation Inc
2023
Scholarship
$75,000
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
2023
UNRESTRICTED GENERAL SUPPORT
$70,000

Showing up to 5 of 36 total records — full history available with membership.

Officers & Directors

Trustee Barbara Schaye
Trustee Faculty Rep Blyth Hazen
President Brian Pellinen
Trustee Chris Koeplin
Trustee David Shopper
Trustee Dr Tony Laing Phd

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,100,096 23 grants
Education
$404,800 8 grants
Youth Development
$26,250 2 grants
Unspecified
$258,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $15.4M $15.9M $18.7M
2024 $14.0M $16.1M $19.9M
2023 $15.9M $16.1M $21.3M
2022 $17.2M $17.0M $17.1M
2021 $18.0M $16.0M $16.5M

Between 2021 and 2025, reported annual revenue declined from $18.0M to $15.4M (-15%), with total assets most recently reported at $18.7M.

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

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