Overview Money In Money Out People Connected Orgs Positions Interview Endorsements
About The curtis institute of music, located in philadelphia, pennsylvania, was founded in 1924 to educate and train exceptionally gifted young musicians to engage a global community through music. (continued on schedule o.)the institute is a tuition-free music conservatory that is supported primarily by endowment and annual giving.
Donations are tax-deductible
Financial Snapshot FY ending 2024-05-31 Financial history 16 17 18 19 20 21 22 23 24
Revenue Expenses
Latest FY2024: $24.9M · Peak FY2016: $69.1M · Avg: $43.1M
Foreign activity (Schedule F) Total spent abroad $86.8M
Foreign employees 0
Foreign offices 0
Foreign partnership interest Yes
Foreign trust interest No
Region Activity Spent CENTRAL AMERICA AND THE CARIBBEAN — — EUROPE (INCLUDING ICELAND & GREENLAND) — — EAST ASIA AND THE PACIFIC — — SUB-SAHARAN AFRICA — —
501(h) election This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.
Political & Grant Activity
CURTIS INSTITUTE OF MUSIC
Address 1726 Locust ST
Philadelphia, PA, 19103-610
Governance Voting board members 33
Independent members 29
Conflict-of-interest policy Yes
Whistleblower policy Yes
Doc-retention policy Yes
Audit committee Yes
990 reviewed by board No
Compensation practices Severance payments No
Equity-based comp No
Supplemental retirement plan Yes
Compensation committee Yes
Used comp survey Yes
Board approved comp Yes
Initial contract exception No
Financial detail (Schedule D) Board-designated % 15.9%
Permanent endowment % 69.2%
Endowment held by related org No
Fundraising activity (Schedule G) Uses professional fundraisers Yes
Retained by contractors $135K
Channels Mail · Phone · Email · In-person · Grant solicitation
Public records
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