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Juilliard School

New York, NY · EIN 13-1624067 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Juilliard School reported $231.7 million in revenue and $198.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $81.46 went to program services, $16.37 to management and general costs and $2.17 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 34.7% of the total. The highest compensation it reported for one person was $1,295,225 (PRESIDENT). 223 people received more than $100,000 in reportable compensation. Revenue rose 65% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $199M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $232M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
81.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
16.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.2%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.05$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
34.3%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.4%1.1%
Program service revenue share
Part VIII 2g ÷ 12
34.7%69.9%
Highest reported compensation
Part VII-A, columns D–F
$1,295,225$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.65%1.28%
People paid over $100,000
Part VII, line 2
2238
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
92.913.3
Independent voting board members
Part VI 1a–1b
36 of 37100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$100M expenses · 61.9% of program spending · revenue $57M

Juilliard's primary program service accomplishment is providing instruction in music, dance, and drama to approximately 1,200 students in its college and pre-college programs. The expenses associated with provided instruction include compensation (salaries and employment benefits) relating to the educational function of the school, occupancy costs allocable to instruction, teaching materials and services, and instrument maintenance and repair

$39M expenses · 24.1% of program spending · grants $39M

Providing financial assistance to students is a high priority of the school, so that financial circumstances will not be a barrier to entry for its talented musicians, actors, and dancers. Student assistance includes scholarships, fellowships, prizes, certain grants, and federal aid grants received and distributed to eligible students. Approximately 88% of the college population of the school (945 students in total) received student assistance during 2024-2025

$11M expenses · 7.1% of program spending · grants $645K · revenue $8.7M

During 2024-2025 the school supported its mission of higher education through program services indirectly related to the education of talented musicians, actors and dancers. Such indirect program services include support of student activities and programming, auxiliary services such as the juilliard store and the student residence hall, and employee benefit costs

$11M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Director/trustee, officer, 50.00 hrs/week
$1,109,961$0$185,264$1,295,225
CHIEF OPERATING OFFICER
Officer, 50.00 hrs/week
$577,731$0$82,772$660,503
VP & GEN COUNSEL (THRU 9/24/2024)
Officer, 50.00 hrs/week
$591,619$0$44,295$635,914
VP & CHIEF FINANCIAL OFFICER
Officer, 50.00 hrs/week
$520,065$0$103,565$623,630
PROVOST & DEAN
Officer, 50.00 hrs/week
$400,515$0$80,272$480,787
CHIEF CHINA OFFICER
Officer, 50.00 hrs/week
$376,271$0$74,120$450,391
CHIEF TECHNOLOGY OFFICER
Highest compensated employee, 50.00 hrs/week
$320,910$0$96,794$417,704
DEAN & DIRECTOR, MUSIC DIVISION
Key employee, 50.00 hrs/week
$345,243$0$68,412$413,655

223 people received more than $100,000 in reportable compensation from Juilliard School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $6.9M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$232M$199M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$232M$199M81.5%$1.54B$1,295,225
FY2024 ⓘ$224M$191M80.7%$1.42B$1,429,029
FY2023 ⓘ$181M$182M78.8%$1.31B$996,812
FY2022 ⓘ$245M$159M79.0%$1.31B$982,003
FY2021 ⓘ$182M$154M73.3%$1.35B$978,495
FY2020 ⓘ$141M$144M78.0%$990M$934,496

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b37 · 36 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 52,969
  • Volunteers Part I, line 647

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
INVESTURE LLC
Investment management
$4,142,034
HURON CONSULTING GROUP INC
Consulting
$735,792
LISKELLY CONSTRUCTION CORP
Construction
$425,387
YORKE CONSTRUCTION CORPORATION
Construction
$296,864
COMPLETE MECHANICAL SOLUTIONS LLC
Construction
$289,639

Individuals listed as contractors are left out. 30 contractors were paid more than $100,000 in all.

Private foundation grants it received

101 private foundations reported grants to Juilliard School totaling $12M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Juilliard School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Juilliard School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New York

Questions people ask

How much of Juilliard School's spending goes to programs?

In the fiscal year ending June 30, 2025, Juilliard School reported that 81.5% of its $198.6 million in expenses went to program services, 16.4% to management and general and 2.2% to fundraising (Form 990, Part IX).

How much does Juilliard School pay its top executive?

The largest total compensation Juilliard School reported for one person in the fiscal year ending June 30, 2025 was $1,295,225, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Juilliard School get its money?

Of $231.7 million in revenue in the fiscal year ending June 30, 2025, 34.3% came from contributions and grants (including 0.4% from government grants) and 34.7% from program service revenue (Form 990, Part VIII).

Is Juilliard School a registered charity?

The IRS lists EIN 13-1624067 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631339349306443 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511289349302221 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421349349302067 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301359349308335 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211329349304711 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121379349301662 · read the filing

All filings for EIN 13-1624067: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.