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Montserrat College of Art INC

Public charityFed auditsIRS 990
DBA: % LISA SHAWNEY
Other · BEVERLY, MA · EIN 52-1859814

About

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 national association of schools of art and design (nasad) and 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.

In care of LISA Shawney

Donations are tax-deductible
Category
Other
Employees
296
Volunteers
0

Financial Snapshot

FY ending 2023-06-30
Revenue
$15.9M
Expenses
$16.1M
Assets
$21.3M
Liabilities
$11.8M

Financial history

$17.2M$8.6M$0
1617181920212223
RevenueExpenses
Latest FY2023: $15.9M · Peak FY2022: $17.2M · Avg: $15.5M

Foreign activity (Schedule F)

Total spent abroad$210K
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
SPAIN
JAPAN

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$4.9M
MONTSERRAT COLLEGE OF ART INC
Your actions

Address

23 Essex ST
Beverly, MA, 01915-450

Governance

Voting board members20
Independent members18
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %39.6%
Permanent endowment %60.4%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.