FURP.ORG / PUBLIC DATA EXPLORER

BERKLEE COLLEGE OF MUSIC INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
BERKLEE COLLEGE OF MUSIC INC (EIN 04-2300472)
Tax period
2017-06-01 to 2018-05-31
Filed
2019-04-12
IRS object ID
201941029349301169
Schema version
2017v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-04-12T18:36:48-05:00ReturnTs
Tax Period End2018-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line160 South StreetAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02111ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042300472EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BERKLEE COLLEGE OF MUSIC INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% DENISE M RICHInCareOfNm
Business Name ControlBERKBusinessNameControlTxt
Phone6177472287PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11140 BOYLSTON STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP022153693ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRICHARD HISEYPersonNm
Person TitleCFOPersonTitleTxt
Phone6177478089PhoneNum
Signature2019-04-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTARA D'AGOSTINOPreparerPersonNm
PTINP01245482PTIN
Phone6179881000PhoneNum
Preparation2019-04-11PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address167.68.102.5IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id04502320191025000402FederalOriginalSubmissionId
Federal Original Submission Id2019-04-12FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id9C37FB02EE77A6FF00EC66693955615721E3AD8AAtSubmissionCreationDeviceId
At Submission Filing Device Id25EC6BD0845454B7E6B607B84B7F3C4E719BA77CAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROGER H BROWNPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11140 BOYLSTON STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP022153693ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$343,602,847GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BERKLEE.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1945FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTHE MISSION OF BERKLEE COLLEGE OF MUSIC IS TO EDUCATE AND TRAIN STUDENTS TO EXCEL IN A CAREER OF MUSIC, DANCE AND/OR THEATRE.ActivityOrMissionDesc
Voting Members Governing Body40VotingMembersGoverningBodyCnt
Voting Members Independent38VotingMembersIndependentCnt
Total Employee4437TotalEmployeeCnt
Total Volunteers40TotalVolunteersCnt
Total Gross UBI$1,113,625TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$1,222,207NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$79,067,171PYContributionsGrantsAmt
CY Contributions Grants$21,649,617CYContributionsGrantsAmt
PY Program Service Revenue$290,486,551PYProgramServiceRevenueAmt
CY Program Service Revenue$297,229,425CYProgramServiceRevenueAmt
PY Investment Income$17,243,286PYInvestmentIncomeAmt
CY Investment Income$7,164,359CYInvestmentIncomeAmt
PY Other Revenue$2,935,722PYOtherRevenueAmt
CY Other Revenue$2,038,913CYOtherRevenueAmt
PY Total Revenue$389,732,730PYTotalRevenueAmt
CY Total Revenue$328,082,314CYTotalRevenueAmt
PY Grants And Similar Paid$60,916,759PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$64,784,621CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$152,269,093PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$158,242,328CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$7,438,236CYTotalFundraisingExpenseAmt
PY Other Expenses$93,128,616PYOtherExpensesAmt
CY Other Expenses$99,416,386CYOtherExpensesAmt
PY Total Expenses$306,314,468PYTotalExpensesAmt
CY Total Expenses$322,443,335CYTotalExpensesAmt
PY Revenues Less Expenses$83,418,262PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$5,638,979CYRevenuesLessExpensesAmt
Total Assets BOY$750,666,699TotalAssetsBOYAmt
Total Assets EOY$768,245,357TotalAssetsEOYAmt
Total Liabilities BOY$387,645,494TotalLiabilitiesBOYAmt
Total Liabilities EOY$371,527,810TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$363,021,205NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$396,717,547NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF BERKLEE COLLEGE OF MUSIC IS TO FOSTER, ENCOURAGE AND PROMOTE THE CULTURE, STUDY, PRACTICE AND TEACHING OF VARIOUS BRANCHES OF MUSIC, THEATER, DANCING AND KINDRED ARTS AND TO CONDUCT A CONSERVATORY FOR INSTRUCTION IN THE VARIOUS BRANCHES OF MUSIC, THEATER, DANCING AND KINDRED ARTS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$253,193,726ExpenseAmt
Grant$64,784,621GrantAmt
Revenue$241,942,223RevenueAmt
DescEDUCATION AND INSTRUCTION: THE PROGRAM IS PROVIDED TO DEVELOP THE SKILLS AND KNOWLEDGE OF STUDENTS SEEKING DEGREES IN MUSIC. THE COLLEGE PROVIDES OUTSTANDING FACULTY AND TEACHING FACILITIES FOR OVER 8,700 STUDENTS FROM THE US AND 92 FOREIGN COUNTRIES. THE COLLEGE ALSO OFFERS A NEW WAY FOR MUSICIANS AROUND THE WORLD TO JOIN THE GLOBAL MUSIC COMMUNITY-AS PERFORMERS, AS PRACTITIONERS, AND AS LEADERS WITH THE COLLEGE'S FIRST INTERNATIONAL CAMPUS IN VALENCIA.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$18,851,052ExpenseAmt
Revenue$26,999,741RevenueAmt
DescBERKLEE ONLINE: BERKLEE COLLEGE OF MUSIC OFFERS DEGREES AND ACCREDITED PROGRAMS IN THE AREAS OF PRODUCTION, GUITAR, SONG WRITING, THEORY, HARMONY AND EAR TRAINING, AND THE MUSIC BUSINESS. CURRENTLY MORE THAN 8,029 STUDENTS PARTICIPATE IN ONLINE LEARNING.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$11,796,248ExpenseAmt
Revenue$29,434,435RevenueAmt
DescAUXILIARY SERVICES: THE COLLEGE HAS RESIDENCE HALL FACILITIES TO PROVIDE HOUSING FOR THOSE STUDENTS THAT CHOOSE TO LIVE AT THE COLLEGE. THE COLLEGE ALSO PROVIDES MEAL PLANS FOR BOTH STUDENTS IN HOUSING AND THOSE COMMUTER STUDENTS THAT CHOOSE THIS PLAN.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$283,841,026TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (true)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document1271IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee4437EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountrySPForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members40GoverningBodyVotingMembersCnt
Independent Voting Member38IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VentureYes (true)InvestmentInJointVentureInd
Written Policy Or ProcedurefalseWrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDENISE M RICHPersonNm
Phone6177473191PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11140 BOYLSTON STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP022153693ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (55 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
DAVID ABRAMS
TRUSTEE2.00.0Yes (X)$0$0$0
LUIS ALVAREZ
TRUSTEE - END 3/182.00.0Yes (X)$0$0$0
LES BAKER
TRUSTEE2.00.0Yes (X)$0$0$0
MICHAEL A BROWN
TRUSTEE2.00.0Yes (X)$0$0$0
DAVID CLEM
TRUSTEE2.00.0Yes (X)$0$0$0
JOHN CONNAUGHTON
TRUSTEE2.00.0Yes (X)$0$0$0
CYNTHIA CURME
TRUSTEE2.00.0Yes (X)$0$0$0
MICHAEL R EISENSON
VICE CO-CHAIR2.00.0Yes (X)$0$0$0
EMILIO ESTEFAN
TRUSTEE2.00.0Yes (X)$0$0$0
GLORIA ESTEFAN
TRUSTEE2.00.0Yes (X)$0$0$0
DEAN GOODERMOTE
TRUSTEE2.00.0Yes (X)$0$0$0
DAVID GROSS-LOH
TRUSTEE2.00.0Yes (X)$0$0$0
JOSH GRUSS
TRUSTEE2.00.0Yes (X)$0$0$0
NILS GUMS
TRUSTEE - END 3/182.00.0Yes (X)$0$0$0
DAN HARPLE
TRUSTEE2.00.0Yes (X)$0$0$0
KRISTINE MOYER HIGGINS
TRUSTEE2.00.0Yes (X)$0$0$0
CHARLES HIRSCHHORN
TRUSTEE2.00.0Yes (X)$0$0$0
STEVEN HOLTZMAN
TRUSTEE2.00.0Yes (X)$0$0$0
BILL KAISER
TRUSTEE2.00.0Yes (X)$0$0$0
JOEL KATZ
TRUSTEE2.00.0Yes (X)$0$0$0
BJ KRINTZMAN
TRUSTEE2.00.0Yes (X)$0$0$0
LAURA KUNKEMUELLER
TRUSTEE2.00.0Yes (X)$0$0$0
SARA LAWRENCE-LIGHTFOOT
TRUSTEE2.00.0Yes (X)$0$0$0
MIE KYUNG LEE
TRUSTEE2.00.0Yes (X)$0$0$0
MARTIN MANNION
VICE CO-CHAIR2.00.0Yes (X)$0$0$0
DEMOND MARTIN
TRUSTEE2.00.0Yes (X)$0$0$0
MARC MAYER
TRUSTEE2.00.0Yes (X)$0$0$0
JANE MENDILLO
TRUSTEE2.00.0Yes (X)$0$0$0
FREDERICK T MILLER
TRUSTEE2.00.0Yes (X)$0$0$0
PETER MULLER
TRUSTEE2.00.0Yes (X)$0$0$0
ROBERT MURLEY
TRUSTEE2.00.0Yes (X)$0$0$0
MEGAN O'BLOCK
TRUSTEE - END 5/182.00.0Yes (X)$0$0$0
ANTHONY PANGARO
TRUSTEE2.00.0Yes (X)$0$0$0
ALEX RIGOPULOS
TRUSTEE2.00.0Yes (X)$0$0$0
STEVE RUCHEFSKY
TRUSTEE2.00.0Yes (X)$0$0$0
JEFF SHAMES
TRUSTEE2.00.0Yes (X)$0$0$0
DAVID SCOTT SLOAN
TRUSTEE2.00.0Yes (X)$0$0$0
DARIUS SIDEBOTHAM
TRUSTEE2.00.0Yes (X)$0$0$0
SUSAN SOLOMONT
TRUSTEE2.00.0Yes (X)$0$0$0
JEFFREY C WALKER
TRUSTEE - END 3/182.00.0Yes (X)$0$0$0
SUSAN WHITEHEAD
CHAIR OF THE BOARD2.00.0Yes (X)$0$0$0
ANN MARIE WILKINS
TRUSTEE - END 3/182.00.0Yes (X)$0$0$0
MARY ZACHARIS
TRUSTEE2.00.0Yes (X)$0$0$0
BARRY ZUBROW
TRUSTEE2.00.0Yes (X)$0$0$0
ROGER H BROWN
PRESIDENT35.00.0Yes (X)$570,392$0$63,292Yes (X)
RICHARD HISEY
SR VICE PRESIDENT/TREASURER35.00.0$343,953$0$45,124Yes (X)
MELISSA HOWE
SECRETARY35.00.0$177,722$0$20,323Yes (X)
CATHLEEN YOUNG
EXECUTIVE DIRECTOR35.00.0$181,027$0$31,695Yes (X)
LAWRENCE J SIMPSON
SENIOR VICE PRESIDENT35.00.0$340,949$0$51,793Yes (X)
DEBORAH CAVALIER
SENIOR VICE PRESIDENT35.00.0$317,811$0$38,909Yes (X)
RICHARD ORTNER
SENIOR ADVISOR35.00.0$575,123$0$32,145Yes (X)
ELIZABETH NEWMAN
SENIOR VICE PRESIDENT35.00.0$316,986$0$60,303Yes (X)
DAVID S MASH
SENIOR VICE PRESIDENT35.00.0$423,168$0$26,281Yes (X)
CYNTHIA LINK
SENIOR VICE PRESIDENT35.00.0$316,767$0$45,759Yes (X)
DAVID GREGORY
VICE PRESIDENT35.00.0$314,280$0$49,260Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,878,178TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$464,884TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K291IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ARAMARK SERVICES INC
1057 SOLUTIONS CENTERCHICAGOIL60677Food Services$7,095,012
ACME Building Services Inc
599 North AvenueWakefieldMA01880Custodial Services$4,502,538
TISHMAN CONSTRUCTION CORP OF MASS
84 STATE STREET 1060BOSTONMA02109CONSTRUCTION$2,564,326
International Business Machines Cor
4111 Northside Pkwy NWATLANTAGA30327Consulting services$2,384,397
Securitas Security Services
2801 Buford HighwayATLANTAGA30329Security Services$1,319,526
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K129CntrctRcvdGreaterThan100KCnt
Fundraising$1,821,794FundraisingAmt
Government Grants$1,476,136GovernmentGrantsAmt
All Other Contributions$18,351,687AllOtherContributionsAmt
Noncash Contributions$86,484NoncashContributionsAmt
Total Contributions$21,649,617TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION & FEES611710$238,697,927$238,697,927
ROOM & BOARD721310$29,434,435$29,434,435
BERKLEE ONLINE611710$26,999,741$26,999,741
PERFORMANCE CENTER611710$1,092,425$1,092,425
STUDENT HEALTH FEES611710$245,675$245,675

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$759,222TotalRevenueColumnAmt
Related Or Exempt Func Income$759,222RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$297,229,425TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$452,140TotalRevenueColumnAmt
Unrelated Business Revenue-$189,411UnrelatedBusinessRevenueAmt
Exclusion$641,551ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$2,283,386RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$2,740,342RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$456,956RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$456,956TotalRevenueColumnAmt
Unrelated Business Revenue$91,637UnrelatedBusinessRevenueAmt
Exclusion-$548,593ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$13,858,656SecuritiesAmt
Other$2,554,536OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$9,700,973SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$4,157,683SecuritiesAmt
Other$2,554,536OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,712,219TotalRevenueColumnAmt
Unrelated Business Revenue$1,211,399UnrelatedBusinessRevenueAmt
Exclusion$5,500,820ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$149,976FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,821,794ContriRptFundraisingEventAmt
Fundraising Direct Expenses$702,536FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$552,560TotalRevenueColumnAmt
Exclusion-$552,560ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$3,523,656GrossSalesOfInventoryAmt
Cost Of Goods Sold$2,376,682CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,146,974TotalRevenueColumnAmt
Related Or Exempt Func Income$1,146,974RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
PREMIUM AMORTIZATION900099$1,310,493$1,310,493
BOOKSTORE451211$424,371$424,371
PURCHASING CARD REBATES900099$166,591$166,591
FieldValueIRS element (for citing)
Other Revenue Total$1,901,455OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$328,082,314TotalRevenueColumnAmt
Related Or Exempt Func Income$298,376,399RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,113,625UnrelatedBusinessRevenueAmt
Exclusion$6,942,673ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$64,784,621TotalAmt
Program Services$64,784,621ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,596,442TotalAmt
Program Services$912,120ProgramServicesAmt
Management And General$1,086,236ManagementAndGeneralAmt
Fundraising$598,086FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$122,674TotalAmt
Program Services$122,674ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$121,672,247TotalAmt
Program Services$103,899,929ProgramServicesAmt
Management And General$13,648,815ManagementAndGeneralAmt
Fundraising$4,123,503FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$5,655,428TotalAmt
Program Services$20,408ProgramServicesAmt
Management And General$5,615,342ManagementAndGeneralAmt
Fundraising$19,678FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$19,563,942TotalAmt
Program Services$26,808,125ProgramServicesAmt
Management And General-$8,364,022ManagementAndGeneralAmt
Fundraising$1,119,839FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$8,631,595TotalAmt
Program Services$7,463,653ProgramServicesAmt
Management And General$872,079ManagementAndGeneralAmt
Fundraising$295,863FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$4,598,467TotalAmt
Program Services$4,598,467ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$2,368,328TotalAmt
Program Services$9,753ProgramServicesAmt
Management And General$2,358,575ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$431,000TotalAmt
Management And General$431,000ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$7,475,999TotalAmt
Program Services$5,654,053ProgramServicesAmt
Management And General$1,821,921ManagementAndGeneralAmt
Fundraising$25FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$5,646,027TotalAmt
Program Services$4,572,977ProgramServicesAmt
Management And General$928,984ManagementAndGeneralAmt
Fundraising$144,066FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$8,539,239TotalAmt
Program Services$5,242,743ProgramServicesAmt
Management And General$3,029,058ManagementAndGeneralAmt
Fundraising$267,438FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$7,047,560TotalAmt
Program Services$1,150,662ProgramServicesAmt
Management And General$5,896,898ManagementAndGeneralAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$1,703,526TotalAmt
Program Services$1,703,526ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$15,679,490TotalAmt
Program Services$15,364,637ProgramServicesAmt
Management And General$312,115ManagementAndGeneralAmt
Fundraising$2,738FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,395,811TotalAmt
Program Services$1,445,862ProgramServicesAmt
Management And General$620,258ManagementAndGeneralAmt
Fundraising$329,691FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$920,946TotalAmt
Program Services$590,239ProgramServicesAmt
Management And General$215,287ManagementAndGeneralAmt
Fundraising$115,420FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$11,857,499TotalAmt
Program Services$11,857,499ProgramServicesAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$14,682,171TotalAmt
Program Services$14,682,171ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$494,555TotalAmt
Management And General$494,555ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
COST OF MEALS$5,862,324$5,862,324
EVENT EXPENSE$2,290,264$1,834,235$193,331$262,698
AUDITIONING$1,141,320$1,134,291$7,029
EQUIPMENT REPAIR$1,294,592$1,294,592

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,987,268TotalAmt
Program Services$2,831,465ProgramServicesAmt
Management And General$1,996,612ManagementAndGeneralAmt
Fundraising$159,191FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$322,443,335TotalAmt
Program Services$283,841,026ProgramServicesAmt
Management And General$31,164,073ManagementAndGeneralAmt
Fundraising$7,438,236FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$62,664,931BOYAmt
EOY$86,033,394EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$12,922,625BOYAmt
EOY$10,510,548EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$417,789BOYAmt
EOY$451,136EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$3,883,849BOYAmt
EOY$2,725,387EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$448,099,253LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$162,906,022LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$292,509,293BOYAmt
EOY$285,193,231EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$358,716,518BOYAmt
EOY$365,075,720EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$19,551,694BOYAmt
EOY$18,255,941EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$750,666,699BOYAmt
EOY$768,245,357EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$78,507,331BOYAmt
EOY$66,365,242EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$28,407,430BOYAmt
EOY$28,941,892EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$277,453,048BOYAmt
EOY$272,802,212EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,277,685BOYAmt
EOY$3,418,464EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$387,645,494BOYAmt
EOY$371,527,810EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$273,208,711BOYAmt
EOY$297,535,577EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$40,508,165BOYAmt
EOY$43,419,263EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$49,304,329BOYAmt
EOY$55,762,707EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$363,021,205BOYAmt
EOY$396,717,547EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$750,666,699BOYAmt
EOY$768,245,357EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$5,638,979ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$13,428,108NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$14,629,255OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$16,973,380CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$20,940,141CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,969,969CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18,623,012CurrentTaxYearMinus1YearAmt
Current Tax Year$21,649,617CurrentTaxYearAmt
Total$92,156,119TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$16,973,380CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$20,940,141CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,969,969CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18,623,012CurrentTaxYearMinus1YearAmt
Current Tax Year$21,649,617CurrentTaxYearAmt
Total$92,156,119TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$7,625,583SubstantialContributorsTotAmt
Public Support Total170$84,530,536PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,986,219CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,790,536CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,608,600CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,077,982CurrentTaxYearMinus1YearAmt
Current Tax Year$2,735,526CurrentTaxYearAmt
Total$10,198,863TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$133,446CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$460,568CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$513,539CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$373,079CurrentTaxYearMinus1YearAmt
Current Tax Year$1,223,207CurrentTaxYearAmt
Total$2,703,839TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,288,098CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,814,892CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,178,023CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,868,869CurrentTaxYearMinus1YearAmt
Current Tax Year$2,051,431CurrentTaxYearAmt
Total$9,201,313TotalAmt
FieldValueIRS element (for citing)
Total Support$114,260,134TotalSupportAmt
Gross Receipts Rltd Activities$1,265,281,008GrossReceiptsRltdActivitiesAmt
Public Support CY1700.73981PublicSupportCY170Pct
Public Support PY1700.68360PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
Agent Trustee EtcfalseAgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabfalseInclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$358,716,518BeginningYearBalanceAmt
Contributions$4,786,360ContributionsAmt
Investment Earnings Or Losses$17,585,791InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,165,149GrantsOrScholarshipsAmt
Other Expenditures$12,847,800OtherExpendituresAmt
End Year Balance$365,075,720EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$316,410,569BeginningYearBalanceAmt
Contributions$21,034,097ContributionsAmt
Investment Earnings Or Losses$37,221,874InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,078,168GrantsOrScholarshipsAmt
Other Expenditures$13,871,854OtherExpendituresAmt
End Year Balance$358,716,518EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$327,745,268BeginningYearBalanceAmt
Contributions$6,167,204ContributionsAmt
Investment Earnings Or Losses-$3,245,483InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,015,674GrantsOrScholarshipsAmt
Other Expenditures$8,240,746OtherExpendituresAmt
End Year Balance$316,410,569EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$321,453,450BeginningYearBalanceAmt
Contributions$5,167,442ContributionsAmt
Investment Earnings Or Losses$14,102,364InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,655,853GrantsOrScholarshipsAmt
Other Expenditures$9,322,135OtherExpendituresAmt
End Year Balance$327,745,268EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$290,634,435BeginningYearBalanceAmt
Contributions$2,936,790ContributionsAmt
Investment Earnings Or Losses$39,425,073InvestmentEarningsOrLossesAmt
Grants Or Scholarships$632,810GrantsOrScholarshipsAmt
Other Expenditures$10,910,038OtherExpendituresAmt
End Year Balance$321,453,450EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.81500BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.14000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.04500TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$52,661,439OtherCostOrOtherBasisAmt
Book Value$52,661,439BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$184,841,091OtherCostOrOtherBasisAmt
Depreciation$37,308,853DepreciationAmt
Book Value$147,532,238BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$153,620,170OtherCostOrOtherBasisAmt
Depreciation$87,481,489DepreciationAmt
Book Value$66,138,681BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$52,359,868OtherCostOrOtherBasisAmt
Depreciation$36,361,658DepreciationAmt
Book Value$15,998,210BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,616,685OtherCostOrOtherBasisAmt
Depreciation$1,754,022DepreciationAmt
Book Value$2,862,663BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$285,193,231TotalBookValueLandBuildingsAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescREFUNDABLE ADVANCES - U.S. GOVDesc
Amt$3,418,464Amt
FieldValueIRS element (for citing)
Total Liability$3,418,464TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$376,438,139TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$13,428,108NetUnrealizedGainsInvstAmt
Other Revenue$29,108,157OtherRevenueAmt
Revenue Not Reported$42,536,265RevenueNotReportedAmt
Revenue Subtotal$333,901,874RevenueSubtotalAmt
Other Revenues Not Included-$5,819,560OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$5,819,560RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$328,082,314TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$339,694,595TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$17,251,260OtherExpensesIncludedAmt
Expenses Not Reported$17,251,260ExpensesNotReportedAmt
Expenses Subtotal$322,443,335ExpensesSubtotalAmt
Total Expenses Per Form990$322,443,335TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
ESCROW AND CUSTODIAL ARRANGEMENTSPART IV BERKLEE COLLEGE OF MUSIC IS 100% OWNER OF BERKLEE VALENCIA AND 50% OWNER OF AMP UP NYC LLC. THE COLLEGE MAINTAINS THE BOOKS AND RECORDS FOR THE RELATED ENTITIES.
ENDOWMENT FUNDSPART V, LINE 4 ENDOWMENT ASSETS ARE INTENDED TO PROVIDE INCOME FOR CURRENT OPERATIONS AND OPERATIONS AND SCHOLARSHIPS WITHIN LEGAL SPENDING LIMITS. PERMANENT RESTRICTED ASSETS MUST BE HELD IN PERPETUITY. TEMPORARY RESTRICTED ASSETS ARE HELD FOR DONOR SPECIFIED TIME OR PURPOSE.
LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 (ASC 740)PART X, LINE 2 THE COLLEGE IS A TAX-EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE (THE CODE), AND IS GENERALLY EXEMPT FROM TAXES PURSUANT TO SECTION 501(a) OF THE CODE. ACCORDINGLY, IT IS GENERALLY NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. THE COLLEGE HAS GENERATED UNRELATED BUSINESS INCOME FOR THE YEAR ENDED MAY 31, 2018 BUT IT IS NOT SIGNIFICANT TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE COLLEGE BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS.
OTHER REVENUE INCLUDED IN FINANCIAL STATEMENTS NOT ON RETURNPART XI, LINE 2D BERKLEE VALENCIA REVENUE 14,478,902 PENSION OBLIGATION CHANGES OTHER THAN NET PERIODIC COSTS 14,629,255 TOTAL 29,108,157
REVENUE INCLUDED ON RETURN BUT NOT IN FINANCIAL STATEMENTSPART XI, LINE 4B RECLASS OF FUNDRAISING EXPENSE (702,536) RECLASS OF RENTAL EXPENSE (2,740,342) BERKLEE LAPTOP PROGRAM COSTS OF GOODS SOLD (2,376,682) TOTAL (5,819,560)
OTHER EXPENSES INCLUDED IN FINANCIAL STATEMENTS BUT NOT ON RETURNPART XII, LINE 2D BERKLEE VALENCIA EXPENSES 11,431,700 BERKLEE LAPTOP PROGRAM COST OF GOODS SOLD 2,376,682 RECLASS OF RENTAL EXPENSE 2,740,342 RECLASS OF FUNDRAISING EXPENSE 702,536 TOTAL 17,251,260

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PUBLICIZE NONDISCRIMINATORY POLICYLINE 3 THE COLLEGE'S POLICY OF NONDISCRIMINATION IS PUBLISHED IN ALL COLLEGE CATALOGUES AND BROCHURES, ALL EMPLOYMENT ADVERTISEMENTS, AS WELL AS ON THE COLLEGE'S WEBSITE WWW.BERKLEE.EDU.
FINANCIAL AID OR ASSISTANCELINE 6A THE COLLEGE RECEIVES FEDERAL AND STATE STUDENT FINANCIAL AID IN THE FORM OF GRANTS, LOANS, AND WORK STUDY.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (16 entries)

RegionRegionTxtOfficesOfficesCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)1Program ServicesVALENCIA CAMPUS$10,440,702
Europe (Including Iceland and Greenland)Program ServicesSTUDY ABROAD$90,076
Central America and the CaribbeanInvestments$98,727,072
South AmericaProgram ServicesSTUDY ABROAD$119,774
South AsiaProgram ServicesSTUDY ABROAD$411,979
North AmericaProgram ServicesSTUDY ABROAD$7,973
East Asia and the PacificProgram ServicesEDUCATION$288,480
Central America and the CaribbeanProgram ServicesBERKLEE ONLINE
Europe (Including Iceland and Greenland)Program ServicesBERKLEE ONLINE
Middle East and North AfricaProgram ServicesBERKLEE ONLINE
North AmericaProgram ServicesBERKLEE ONLINE
Russia and the Newly Independent StatesProgram ServicesBERKLEE ONLINE
South AmericaProgram ServicesBERKLEE ONLINE
South AsiaProgram ServicesBERKLEE ONLINE
Sub-Saharan AfricaProgram ServicesBERKLEE ONLINE
Sub-Saharan AfricaInvestments$404,231
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Total Office1TotalOfficeCnt
Subtotal Spent$110,490,287SubtotalSpentAmt
Total Spent$110,490,287TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesYes (true)BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE ACTIVITY CONDUCTED IN SPAIN IS MANAGEMENT AND PROGRAM SERVICES, INCLUDING GRADUATE PROGRAMS, AND STUDY ABROAD FOR THE COLLEGE'S FIRST INTERNATIONAL CAMPUS. THE VALENCIA CAMPUS HAS 125 EMPLOYEES.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALAEvent1Nm
Gross Receipts Event1$1,520,189GrossReceiptsEvent1Amt
Charitable Contri Event1$1,396,743CharitableContriEvent1Amt
Gross Revenue Event1$123,446GrossRevenueEvent1Amt
Rent Facility Costs Event1$292,412RentFacilityCostsEvent1Amt
Entertainment Event1$34,785EntertainmentEvent1Amt
Other Direct Expenses Event1$81,677OtherDirectExpensesEvent1Amt
Event2GALA - BCBEvent2Nm
Gross Receipts Event2$347,531GrossReceiptsEvent2Amt
Charitable Contri Event2$336,931CharitableContriEvent2Amt
Gross Revenue Event2$10,600GrossRevenueEvent2Amt
Rent Facility Costs Event2$166,924RentFacilityCostsEvent2Amt
Entertainment Event2$3,375EntertainmentEvent2Amt
Other Direct Expenses Event2$78,479OtherDirectExpensesEvent2Amt
Other Events Total2OtherEventsTotalCnt
Gross Receipts Other Events$104,050GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$88,120CharitableContriOtherEventsAmt
Gross Revenue Other Events$15,930GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$44,884OthDirectExpnssOtherEventsAmt
Gross Receipts Total$1,971,770GrossReceiptsTotalAmt
Charitable Contributions Tot$1,821,794CharitableContributionsTotAmt
Gross Revenue Total Events$149,976GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$459,336RentFcltyCostsTotalEventsAmt
Entertainment Total Events$38,160EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$205,040OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$702,536DirectExpenseSummaryEventsAmt
Net Income Summary-$552,560NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
INTERNAL SCHOLARSHIPS3383$58,301,099
EXTERNAL SCHOLARSHIPS467$5,646,300
COLLEGE WORK STUDY271$342,980
MASSACHUSETTS STATE SCHOLARSHIPS226$110,200
SEOG FINANCIAL AID AWARDS103$384,042

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceORGANIZATION'S PROCEDURE FOR MONITORING THE USE OF GRANT FUNDSFormAndLineReferenceDesc
ExplanationPART I, LINE 2 THE COLLEGE'S OFFICE OF FINANCIAL AID IS RESPONSIBLE FOR AWARDING AND MONITORING ALL FEDERAL AND STATE GRANT ASSISTANCE. STUDENTS APPLY FOR FINANCIAL AID BY COMPLETING A FAFSA FORM WHICH CAPTURES THE DATA REQUIRED DETERMINING ELIGIBILITY BASED ON FEDERAL AND/OR STATE REGULATIONS. DOCUMENTATION TO SUPPORT ELIGIBILITY IS KEPT FOR EACH INDIVIDUAL STUDENT ON FILE IN THE FINANCIAL AID OFFICE. WHEN FUNDS ARE AWARDED, STUDENT ELIGIBILITY IS MONITORED THROUGH THE COLLEGE'S OPERATIONAL SYSTEM AID MODULE TO ENSURE THERE ARE NO CHANGES IN STATUS THAT MIGHT AFFECT THEIR ONGOING ELIGIBILITY. TOTAL GRANT FUNDS AWARDED ARE TRACKED TO ENSURE COMPLIANCE WITH AUTHORIZED AMOUNTS FROM THE FUNDING AGENCY. THE COLLEGE ALSO IS REQUIRED TO SUBMIT AN ANNUAL INDEPENDENT A-133 AUDIT TO ENSURE COMPLIANCE WITH ALL FEDERAL REGULATIONS FOR GRANT ASSISTANCE. THE SCHOLARSHIP OFFICE IS RESPONSIBLE FOR AWARDING AND MONITORING ALL INSTITUTIONAL SCHOLARSHIP ASSISTANCE. CONTINUING STUDENTS APPLY FOR SCHOLARSHIP AID BY COMPLETING A SCHOLARSHIP APPLICATION FORM WHICH CAPTURES THE DATA REQUIRED TO DETERMINE ELIGIBILITY BASED ON INSTITUTIONAL GUIDELINES. ENTERING STUDENTS ARE AUTOMATICALLY CONSIDERED FOR SCHOLARSHIP BASED ON THE COLLEGE'S AUDITION AND INTERVIEW PROCESS. DOCUMENTATION TO SUPPORT ELIGIBILITY IS KEPT FOR EACH INDIVIDUAL STUDENT ON FILE IN THE SCHOLARSHIP OFFICE. WHEN FUNDS ARE AWARDED, STUDENT ELIGIBILITY IS MONITORED THROUGH THE COLLEGE'S OPERATIONAL SYSTEM SCHOLARSHIP MODULE TO ENSURE THERE ARE NO CHANGES IN STATUS THAT MIGHT AFFECT THEIR ONGOING ELIGIBILITY. TOTAL SCHOLARSHIP FUNDS AWARDED ARE TRACKED TO ENSURE COMPLIANCE WITH BUDGETED AMOUNTS. THE SCHOLARSHIP OFFICE REVIEWS ALL AWARDS EACH SEMESTER TO DETERMINE THAT THE STUDENT IS STILL ELIGIBLE FOR THE SCHOLARSHIP.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgYes (true)CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ROGER H BROWN
PRESIDENT$450,422$0$95,238$0$24,732$0$24,000$0$39,292$0$633,684$0$0$0
RICHARD HISEY
SR VICE PRESIDENT/TREASURER$283,939$0$36,629$0$23,385$0$24,000$0$21,124$0$389,077$0$0$0
MELISSA HOWE
SECRETARY$153,399$0$14,370$0$9,953$0$14,813$0$5,510$0$198,045$0$0$0
CATHLEEN YOUNG
EXECUTIVE DIRECTOR$168,244$0$10,000$0$2,783$0$14,811$0$16,884$0$212,722$0$0$0
LAWRENCE J SIMPSON
SENIOR VICE PRESIDENT$279,653$0$30,342$0$30,954$0$24,000$0$27,793$0$392,742$0$0$0
DEBORAH CAVALIER
SENIOR VICE PRESIDENT$235,397$0$60,126$0$22,288$0$23,608$0$15,301$0$356,720$0$0$0
RICHARD ORTNER
SENIOR ADVISOR$176,350$0$100,000$0$298,773$0$21,873$0$10,272$0$607,268$0$0$0
ELIZABETH NEWMAN
SENIOR VICE PRESIDENT$266,966$0$30,000$0$20,020$0$24,300$0$36,003$0$377,289$0$0$0
DAVID S MASH
SENIOR VICE PRESIDENT$156,733$0$24,831$0$241,604$0$15,250$0$11,031$0$449,449$0$0$0
CYNTHIA LINK
SENIOR VICE PRESIDENT$262,540$0$28,495$0$25,732$0$24,000$0$21,759$0$362,526$0$0$0
DAVID GREGORY
VICE PRESIDENT$280,893$0$22,220$0$11,167$0$24,300$0$24,960$0$363,540$0$0$0

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
BENEFITSPART I, LINE 1A TRAVEL FOR COMPANIONS IS PROVIDED ONLY TO THE PRESIDENT, WHO REIMBURSES THE COLLEGE FOR THE FULL EXPENSE. HEALTH CLUB DUES ARE REIMBURSED TO MEMBERS OF THE PRESIDENT'S COUNCIL UNDER AN EXECUTIVE WELLNESS REIMBURSEMENT PROGRAM. THIS INCLUDES THE SENIOR VICE PRESIDENTS AND VICE PRESIDENTS REPORTED IN FORM 990 PART VII. THE AMOUNTS ARE INCLUDED AS TAXABLE COMPENSATION IN EACH INDIVIDUAL'S FORM W-2. RICHARD ORTNER RECEIVES A HOUSING ALLOWANCE. THE BOARD OF TRUSTEES OF THE FORMER BOSTON CONSERVATORY VOTED TO APPROVE THE AMOUNT OF THE HOUSING ALLOWANCE FOR RICHARD ORTNER. THE HOUSING ALLOWANCE IS INCLUDED AS PART OF THE RICHARD ORTNER'S TAXABLE COMPENSATION.
SEVERANCE ARRANGEMENTPART I, LINE 4A RICHARD ORTNER HAS AN EMPLOYMENT AGREEMENT WITH A CONDITIONAL SEVERANCE CLAUSE THAT WAS EXECUTED IN JUNE 2017. A $264,083 PAYMENT WAS MADE UNDER THIS AGREEMENT DURING THE YEAR AND IS REPORTED IN COLUMN B(III).
SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANPART I, LINE 4B DAVID MASH PARTICIPATES IN A FROZEN NONQUALIFIED SUPPLEMENTAL RETIREMENT PLAN. HE RECEIVED A PAYMENT OF $234,628 FROM THIS PLAN IN CALENDAR YEAR 2017.
CONTINGENT PAYMENTSPART I, LINE 5A DEBORAH CAVALIER IS ELIGIBLE TO RECEIVE A PERCENTAGE OF AVAILABLE BONUS DOLLARS ANNUALLY. THE BONUS OF $60,126 REPORTED IN COLUMN B(II) IS EQUAL TO 10% OF THE DIVISION OPERATING MARGIN MINUS APPLICABLE RENT EXPENSES.
NON-FIXED PAYMENTSPART I, LINE 7 PERFORMANCE BONUS AMOUNTS ARE REWARDED AT THE DISCRETION OF THE PRESIDENT AND REVIEWED AND ENDORSED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THE BONUSES ARE COMPARED AGAINST MARKET DATA.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MHEFA REVENUE BOND SERIES 2007A
A04245601157586CE272007-08-08$178,014,966BUILDING, EQUIP, RENO, REFINANCEfalsefalsefalse
MDFA REVENUE BONDS SERIES 2011
B04343181457583UJE92011-09-22$95,437,831PURCHASE LAND, BUILDING, EQUIPMENTfalsefalsefalse
MDFA REVENUE BONDS SERIES 2016
C04343181457584XUU32016-08-16$182,938,090REFUND SERIES 2007A/2013 BOCO DEBTfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$167,919,951$0$183,964,049$0$0$0$1,232,844$0$0$110,120,341$72,610,864$02012Yes (true)falseYes (true)Yes (true)
B$10,466,932$0$97,850,759$0$0$0$678,781$0$0$97,171,978$0$02014falsefalseYes (true)Yes (true)
C$3,375,264$0$182,938,090$0$234,313$0$1,009,048$0$27,018,542$0$154,676,187$02016Yes (true)Yes (true)Yes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalseYes (true)Yes (true)Yes (true)false0.013200.01320falsefalsefalseYes (true)
BfalsefalseYes (true)Yes (true)false0.001500.00150falsefalsefalseYes (true)
CfalseYes (true)Yes (true)Yes (true)false0.018800.01880falsefalsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtTerm Of GICTermOfGICPctRegulatory Safe Harbor StsfdRegulatorySafeHarborStsfdIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
AfalsefalsefalseYes (true)falsefalseYes (true)TRANSAMERICA2.Yes (true)falseYes (true)
0
BfalsefalsefalseYes (true)falsefalsefalse0falseYes (true)
0
CfalsefalsefalseYes (true)falsefalsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PROCEEDS OF BOND ISSUESCHEDULE K, PART II, LINE 3 THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS FOR BOND ISSUES A AND B IS INVESTMENT EARNINGS OF $5,949,083 AND $2,412,928 RESPECTIVELY.
REBATE COMPUTATION DATESCHEDULE K, PART IV, LINE 2C NO REBATE IS DUE ON THE BOND ISSUES. THE COMPUTATION DATES WERE AS FOLLOWS: BOND ISSUE A: 05/31/2018 BOND ISSUE B: 05/31/2018 BOND ISSUE C: 05/31/2018

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
BRUNO RABERG
SPOUSE - M. HOWE, OFFICER$122,674EMPLOYMENT - FAMILY MEMBERfalse
SOUND DOG VENTURES LLC
TRUSTEE - PETER MULLER$729,167LEASE PAYMENTfalse

Schedule M IRS990ScheduleM

FieldValueIRS element (for citing)
Works Of ArtWorksOfArtGrp
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp
Books And PublicationsBooksAndPublicationsGrp

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$10,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp
Securities Publicly TradedSecuritiesPubliclyTradedGrp
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Instruments79$76,409FMV
Yes (X)Tickets2$75FMV
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
UNRELATED BUSINESS REVENUEPART I, LINE 7A THE COLLEGE'S UNRELATED BUSINESS TAXABLE INCOME FOR FISCAL YEAR ENDED MAY 31, 2018 INCLUDED INCOME CREATED UNDER IRC 512(A)(7) RELATED TO QUALIFIED TRANSPORTATION FRINGE BENEFITS. THE UNRELATED BUSINESS REVENUE REFLECTED ON FORM 990, PART VIII, STATEMENT OF REVENUE DOES NOT INCLUDE THE EXPENSES THAT CREATE UNRELATED BUSINESS TAXABLE INCOME UNDER IRC 512(A)(7). ORGANIZATION'S MISSION FORM 990 PART III LINE 1 THE MISSION OF BERKLEE COLLEGE OF MUSIC IS TO EDUCATE, TRAIN, AND DEVELOP STUDENTS TO EXCEL IN MUSIC AS A CAREER. DEVELOPING THE MUSICIANSHIP OF OUR STUDENTS IS THE FOUNDATION OF OUR CURRICULUM. WE BELIEVE THAT THE LESSONS AND QUALITIES DERIVED FROM THAT WORK -THE SELF DISCIPLINE NEEDED FOR EXCELLENCE, THE EMPATHY REQUIRED OF MUSIC-MAKING, AND THE OPENNESS AND INQUISITIVENESS ESSENTIAL TO CREATIVITY -ARE CRITICAL TO ACHIEVEMENT IN ANY PURSUIT, MUSICAL OR OTHERWISE; AND THAT MUSIC IS A POWERFUL CATALYST FOR PERSONAL GROWTH, WHICH IS CENTRAL TO ANY COLLEGIATE EXPERIENCE. FOUNDED ON JAZZ AND POPULAR MUSIC ROOTED IN THE AFRICAN CULTURE DIASPORA, OUR COMPREHENSIVE CURRICULUM IS DISTINCTLY CONTEMPORARY IN ITS CONTENT AND APPROACH, AND EMBRACES THE PRINCIPAL MUSICAL MOVEMENTS OF OUR TIME. THROUGH A COURSE OF SCHOLARLY AND PRACTICAL LEARNING EXPERIENCES INTEGRATING PERFORMANCE AND WRITING, OUR CURRICULUM COVERS THE VARIETY OF STYLES, RELEVANT TECHNOLOGIES, AND CAREER OPPORTUNITIES OPEN TO TODAY'S MUSIC PROFESSIONAL.
FAMILY RELATIONSHIPSFORM 990, PART VI, SECTION A, LINE 2 EMILIO ESTEFAN AND GLORIA ESTEFAN HAVE A FAMILY RELATIONSHIP.
FORM 990 REVIEW PROCESSFORM 990 PART VI LINE 11A THE FORM 990 IS PREPARED AND REVIEWED BY THE CONTROLLER'S DEPARTMENT AND REVIEWED BY THE COLLEGE'S TAX ADVISORS. UPON COMPLETION, THE DRAFT FORM 990 IS DISTRIBUTED TO THE MEMBERS OF THE AUDIT & RISK COMMITTEE FOR THEIR REVIEW AND COMMENTS. ONCE THE DRAFT HAS BEEN REVIEWED BY THE COMMITTEE, THE FINAL FORM 990 IS DISTRIBUTED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS.
CONFLICT OF INTEREST POLICYFORM 990 PART VI LINE 12C THE PURPOSE OF THE CONFLICTS OF INTEREST POLICY IS TO PROTECT THE COLLEGE'S INTEREST WHEN IT IS ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN INTERESTED PERSON. AN INTERESTED PERSON IS DEFINED AS ANY PERSON WHO IS OR WAS DURING THE PREVIOUS FIVE YEARS IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE COLLEGE'S AFFAIRS, INCLUDING ANY TRUSTEE, OFFICER, KEY EMPLOYEE OR MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS (EACH A FIDUCIARY). IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, A FIDUCIARY WILL DISCLOSE ALL MATERIAL FACTS TO THE PRESIDENT OR CHAIR AT THE EARLIEST POSSIBLE TIME AFTER THE CONFLICT OF INTEREST BECOMES KNOWN TO THE FIDUCIARY. ANY CONFLICT WILL BE MADE A MATTER OF RECORD THROUGH ANNUAL OR OTHER REPORTING AND CERTIFICATION PROCEDURE AS THE TRUSTEES REQUIRE FROM TIME TO TIME. AFTER DISCLOSURE OF THE CONFLICT OF INTEREST AND AFTER ANY DISCUSSION WITH THE RELEVANT FIDUCIARY, THE TRUSTEES SHALL FINALLY DETERMINE WHETHER ANY CONFLICT OF INTEREST EXISTS. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST, THE TRUSTEES MAY TAKE ACTIONS AS DEFINED IN THE BYLAWS OF THE COLLEGE.
COMPENSATION POLICYFORM 990 PART VI LINE 15A & 15B THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, SITTING AS THE COMPENSATION COMMITTEE, HAS THE AUTHORITY TO ESTABLISH FAIR AND APPROPRIATE COMPENSATION PACKAGES TO BE AWARDED TO THE PRESIDENT AND OTHER HIGHLY COMPENSATED ADMINISTRATORS OF THE COLLEGE. IN DETERMINING THE EXECUTIVE COMPENSATION PACKAGES, THE EXECUTIVE COMMITTEE CONSIDERS COMPARATIVE DATA, OBTAINED FROM PUBLISHED SOURCES OR A COMPENSATION CONSULTANT, REFLECTING THE COMPENSATION LEVELS AWARDED TO EQUIVALENTLY SITUATED INDIVIDUALS EMPLOYED BY COMPARABLE INSTITUTIONS. THE EXECUTIVE COMMITTEE REPORTS THE PROCESS AND AWARDING OF COMPENSATION PACKAGES TO THE BOARD OF TRUSTEES. WHEN THE COMPENSATION COMMITTEE IS MEETING, THE PRESIDENT DOES NOT PARTICIPATE. THE PROCESS FOR DETERMINING THE COMPENSATION OF BERKLEE COLLEGE OF MUSIC'S TOP MANAGEMENT OFFICIALS, INCLUDING THE PRESIDENT AND OTHER HIGHLY COMPENSATED ADMINISTRATORS OF THE COLLEGE, MEETS THE THREE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION PROVISIONS UNDER TREAS. REG. 53.4958-6.
JOINT VENTURESFORM 990 PART VI LINE 16B BERKLEE COLLEGE OF MUSIC REVIEWS ITS PARTICIPATION IN JOINT VENTURE ARRANGEMENTS TO SAFEGUARD AND PROTECT ITS EXEMPT STATUS AND RETAINS LEGAL AND TAX ADVISORS AS NECESSARY.
PUBLIC DISCLOSURESFORM 990 PART VI LINE 19 THE COLLEGE MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. THE COLLEGE'S FORM 990 IS ALSO AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG AND ON THE MASSACHUSETTS ATTORNEY GENERAL WEBSITE.
OTHER CHANGES IN NET ASSETSFORM 990 PART XI LINE 9 PENSION OBLIGATION CHANGES OTHER THAN NET PERIODIC COSTS 14,629,255

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdLegal Domicile StateLegalDomicileStateCd
BERKLEE VALENCIA SL
AVENIDA PROFESOR LOPEZ PINEROVALENCIAVALENCIASP46013999999999EDUCATIONSPN/AN/ABerklee USYes (true)
THE BOSTON CONSERVATORY REALTY CORP
263644206REAL ESTATE501(C)(3)LINE 12A, IBerklee USYes (true)8 THE FENWAYBOSTONMA02215MA
THE BOSTON CONSERVATORY IPSWICH REALTY
454795446REAL ESTATE501(C)(3)LINE 12A, IBerklee USYes (true)8 THE FENWAYBOSTONMA02215MA

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1Amp UP NYC LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1855 Boylston StreetAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd
FieldValueIRS element (for citing)
EIN463537796EIN
Primary ActivitiesEducationPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Predominant Income TypeRELATEDPredominantIncomeTypeTxt
Share Of Total Income$8,996ShareOfTotalIncomeAmt
Share Of EOY Assets$51,334ShareOfEOYAssetsAmt
Disproportionate AllocationsfalseDisproportionateAllocationsInd
UBI Code V$0UBICodeVAmt
General Or Managing PartnerYes (true)GeneralOrManagingPartnerInd
Ownership0.50000OwnershipPct
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (true)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
BERKLEE VALENCIA SL
d$6,224,901SEE PART VII
BERKLEE VALENCIA SL
r$7,493,782SEE PART VII
AMP UP NYC LLC
r$249,935FMV

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceMETHOD OF DETERMINING AMOUNT INVOLVEDFormAndLineReferenceDesc
ExplanationPART V, LINE 2 THE METHOD FOR DETERMINING THE AMOUNT INVOLVED WAS COST OR CURRENCY CONVERSION.ExplanationTxt