Juilliard School
Juilliard School maintains strong asset growth with fluctuating revenues and no reported officer compensation on 990s.
EIN: 131624067 · New York, NY · NTEE: B430 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $753.7M |
| Total Expenses | $182.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $1.3B |
| Transparency Score | 75/100 |
Is Juilliard School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Juilliard School directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Juilliard School
Juilliard School (EIN: 131624067) is a nonprofit organization based in New York, NY, classified under NTEE code B430. The organization reported total revenue of $753.7M and total assets of $1.7B according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Juilliard School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Juilliard School is a major nonprofit that has been operating for 92 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $181.2M |
| Total Expenses | $182.1M |
| Surplus / Deficit | $-835,873 |
| Total Assets | $1.6B |
| Total Liabilities | $243.6M |
| Net Assets | $1.3B |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 15.7% |
| Months of Reserves | 102.5 months |
Financial Health Grade: B
In 2023, Juilliard School reported a deficit of $836K with expenses exceeding revenue, holds 102.5 months of operating reserves (strong position), has a debt-to-asset ratio of 15.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Juilliard School's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.9% | +14.4% | -0.6% |
| 2022 | +34.7% | +3.5% | -3.8% |
| 2021 | +29.2% | +6.6% | +27.7% |
| 2020 | +6.1% | +0.3% | -1.6% |
| 2019 | -9.8% | +2.5% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1934 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Juilliard School with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Juilliard School allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $836K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.7%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization with over $1.5 billion in assets and annual expenses exceeding $150 million. This suggests that executive compensation may be reported under other categories or that the individuals listed as officers on the 990 are not compensated, warranting further investigation for full transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Juilliard School's IRS 990 filings:
- Consistent 0% officer compensation reported on 990s, which is unusual for an organization of this size and could obscure executive pay details.
Strengths
The following positive indicators were identified for Juilliard School:
- Strong and consistent growth in assets, reaching $1.55 billion in 2023, indicating robust financial health.
- Generally stable financial management with expenses typically in line with or below revenue, demonstrating fiscal responsibility.
- Significant revenue generation, with annual figures often exceeding $150 million, supporting its mission as a leading arts institution.
Frequently Asked Questions about Juilliard School
Is Juilliard School a legitimate charity?
Based on AI analysis of IRS 990 filings, Juilliard School (EIN: 131624067) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does Juilliard School spend its money?
Juilliard School directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Juilliard School tax-deductible?
Juilliard School is registered as a tax-exempt nonprofit (EIN: 131624067). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Juilliard School CEO make?
Juilliard School's highest-compensated officer earns $1.5 annually. The organization reported $753.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Juilliard School's spending goes to programs?
Juilliard School directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Juilliard School compare to similar nonprofits?
With a transparency score of 75/100 (Good), Juilliard School is above average for NTEE category B430 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Juilliard School located?
Juilliard School is headquartered in New York, New York and files with the IRS under EIN 131624067. It is classified under NTEE code B430.
How many years of IRS 990 filings does Juilliard School have?
Juilliard School has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $753.7M in total revenue.
Why is officer compensation consistently reported as 0% on the IRS 990 filings?
The consistent reporting of 0% officer compensation is atypical for an organization of Juilliard's scale. It could mean that compensation for top executives is categorized differently (e.g., as key employee compensation rather than officer compensation), or that the specific individuals identified as officers on the 990 are uncompensated, while other highly compensated employees exist. Further detail from the full 990 would be needed to clarify.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not include a detailed functional expense breakdown. To fully assess spending efficiency, a review of the full IRS 990, specifically Part IX, Statement of Functional Expenses, would be necessary to determine the exact percentages allocated to programs, administration, and fundraising.
How does Juilliard manage its significant asset base and endowment?
Juilliard has shown consistent growth in its assets, from $1.2 billion in 2014 to $1.55 billion in 2023. This indicates effective management of its endowment and other investments, which are crucial for long-term financial stability and supporting its educational mission. The large asset base provides a strong foundation for future operations and program development.
Filing History
IRS 990 filing history for Juilliard School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Juilliard School's revenue has grown by 27.5%, moving from $142.1M to $181.2M. Total assets increased by 46.4% over the same period, from $1.1B to $1.6B. Total functional expenses rose by 81.2%, from $100.5M to $182.1M. In its most recent filing year (2023), Juilliard School reported a deficit of $836K, with expenses exceeding revenue. The organization holds $243.6M in liabilities against $1.6B in assets (debt-to-asset ratio: 15.7%), resulting in net assets of $1.3B.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $181.2M | $182.1M | $1.6B | $243.6M | — | — |
| 2022 | $244.6M | $159.1M | $1.6B | $252.0M | — | View 990 |
| 2021 | $181.6M | $153.8M | $1.6B | $280.3M | — | View 990 |
| 2020 | $140.6M | $144.2M | $1.3B | $283.9M | — | View 990 |
| 2019 | $132.5M | $143.8M | $1.3B | $261.6M | — | View 990 |
| 2018 | $146.9M | $140.3M | $1.3B | $247.9M | — | View 990 |
| 2017 | $141.7M | $141.0M | $1.2B | $260.6M | — | View 990 |
| 2016 | $338.2M | $132.6M | $1.1B | $279.4M | — | View 990 |
| 2015 | $132.3M | $122.8M | $1.2B | $257.6M | — | View 990 |
| 2014 | $131.1M | $112.9M | $1.2B | $247.1M | — | View 990 |
| 2013 | $131.8M | $110.2M | $1.1B | $244.1M | — | View 990 |
| 2012 | $98.8M | $104.5M | $1.0B | $270.5M | — | View 990 |
| 2011 | $142.1M | $100.5M | $1.1B | $235.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $181.2M, expenses of $182.1M, and assets of $1.6B (revenue -25.9% year-over-year).
- 2022: Revenue of $244.6M, expenses of $159.1M, and assets of $1.6B (revenue +34.7% year-over-year).
- 2021: Revenue of $181.6M, expenses of $153.8M, and assets of $1.6B (revenue +29.2% year-over-year).
- 2020: Revenue of $140.6M, expenses of $144.2M, and assets of $1.3B (revenue +6.1% year-over-year).
- 2019: Revenue of $132.5M, expenses of $143.8M, and assets of $1.3B (revenue -9.8% year-over-year).
- 2018: Revenue of $146.9M, expenses of $140.3M, and assets of $1.3B (revenue +3.7% year-over-year).
- 2017: Revenue of $141.7M, expenses of $141.0M, and assets of $1.2B (revenue -58.1% year-over-year).
- 2016: Revenue of $338.2M, expenses of $132.6M, and assets of $1.1B (revenue +155.5% year-over-year).
- 2015: Revenue of $132.3M, expenses of $122.8M, and assets of $1.2B (revenue +0.9% year-over-year).
- 2014: Revenue of $131.1M, expenses of $112.9M, and assets of $1.2B (revenue -0.5% year-over-year).
- 2013: Revenue of $131.8M, expenses of $110.2M, and assets of $1.1B (revenue +33.4% year-over-year).
- 2012: Revenue of $98.8M, expenses of $104.5M, and assets of $1.0B (revenue -30.5% year-over-year).
- 2011: Revenue of $142.1M, expenses of $100.5M, and assets of $1.1B.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Juilliard School:
Data Sources and Methodology
This transparency report for Juilliard School is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.