Juilliard School
Nonprofit profile at a glance
- EIN
- 131624067
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- New York, NY, USA
- Phone
- 2127995000
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- University or Technological Institute
Reported finances
- Revenue
- $231,686,191
- Expenses
- $198,590,895
- Assets
- $1,778,753,910
- Liabilities
- $240,984,049
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
56 people listed
Executive titles in this filing
- DAMIAN WOETZEL (PRESIDENT)
Highest reported compensation
- DAMIAN WOETZEL (PRESIDENT): $1,295,225 total reported compensation
- LESLEY ROSENTHAL (CHIEF OPERATING OFFICER): $660,503 total reported compensation
- STEPHANIE VULLO (VP & GEN COUNSEL (THRU 9/24/2024)): $635,914 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the juilliard school is to cultivate excellence through the highest caliber of education in music, dance, and drama for gifted students from around the world, so they may achieve their fullest potential, expanding the reach and elevating the impact of the arts.
What it reported doing in 2024
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.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 81
- Accountability: 98
- Sustainability: 76
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97%; rating input score 97
- Program expense ratio: 81.5%; rating input score 81
- Fundraising efficiency: $18.46 raised per $1 spent on fundraising; rating input score 56; 56th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 97.3%; rating input score 97; 53rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 14.3%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 8.96; rating input score 90; 90th percentile among comparable filings
- Liabilities to assets ratio: 0.14; rating input score 78; 78th percentile among comparable filings
- Officer compensation ratio: 4.4%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: 4.8% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 4.7% per year; rating input score 100; 40th percentile among comparable filings
- Asset growth: 3.8% per year; rating input score 100; 26th percentile among comparable filings
Details
- Where the money goes: 97% of revenue deployed · 81.5% of spending went to programs
- Governance: 36 of 37 board members independent · 9 of 9 filing controls reported
- Programs: 5 filed program accomplishments · $161.8M in reported program spending
- Leadership: top reported pay $1.3M · 56 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $5.9M reported
- Consistency: 41 of 41 current checks pass
- Schedules: 13 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 20 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- Review — Financial Efficiency: Fundraising efficiency scored 56/100.
- High — Sustainability: Officer compensation ratio scored 22/100.