Juilliard School FY2022 filing

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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.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$5.3M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990-TIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-T
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $29.0M a year · 14% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$5.3M
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Plus $1.37B in investments, Pt X · Ln 11–13
Fine: 0.9 months of spending in cash, plus $1.37B in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $335K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$252.0M
16% of total assets
Looks good: liabilities are 16% of assets; 50% or less.
Pt X · Ln 26
Independent board members
28
of 29 voting members
Looks good: 28 of 29 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$244.6M
+35% vs prior year
Spent
$159.1M
To programs
79%
Net assets
$1.3B
By yearFY2020–FY2025
Revenue
$244.6M
FY2022▲ +35%
Tap a bar for its year
Revenue by fiscal year
FY2020$140.6M
FY2021$181.6M
FY2022$244.6M
FY2023$181.2M
FY2024$223.7M
FY2025$231.7M
Expenses
$159.1M
FY2022▲ +3%
Tap a bar for its year
Expenses by fiscal year
FY2020$144.2M
FY2021$153.8M
FY2022$159.1M
FY2023$182.1M
FY2024$191.5M
FY2025$198.6M
Net assets
$1.3B
FY2022▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2020$989.7M
FY2021$1.3B
FY2022$1.3B
FY2023$1.3B
FY2024$1.4B
FY2025$1.5B

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1934.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $125.8M Management & general 18% · $28.5M Fundraising 3% · $4.9M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

47 people listed on the 990-T; $5.3M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$832,702Pt VII · Sec A
Chief Operating Officer
$516,269Pt VII · Sec A
VP Admin & General Counsel
$445,689Pt VII · Sec A
VP & Chief Advancement Officer
$432,965Pt VII · Sec A
VP & CFO (as of 07/2021)
$428,271Pt VII · Sec A
Chief China Officer
$342,886Pt VII · Sec A
Chief Information Officer
$331,654Pt VII · Sec A
Provost & Dean
$307,615Pt VII · Sec A

Damian Woetzel’s $1.1M as President is at the 78th percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Damian Woetzel$1,109,961$1,275,061$867,173$832,702$843,051$855,970
Lesley Rosenthal$577,731$646,359$587,439$516,269$505,003$498,721
Stephanie Vullo$591,619$274,099————
Cathy Nadeau$520,065$549,857$476,357$428,271——
Alexandra Wheeler$320,840$468,418$450,740$432,965$423,506$420,380
Maurice Edelson——$371,453$445,689$435,889$431,069
Joseph W Polisi$376,271$363,713$350,469$342,886$329,601$423,990
Ara Guzelimian————$313,175$414,371

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Juilliard School executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides world-class performing arts education and training in music, dance, and drama for gifted students from around the globe.

Questions for Juilliard School

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3 programs · $117.3M · in their own filed words · FY2021
01

Juilliard's primary program service accomplishment is providing instruction in music, dance, and drama to approximately 1,200 students in its college and pre-college programs. The expenses associated with provided instruction include compensation (salaries and employment benefits) relating to the educational function of the school…

$77.2Mprogram expense
02

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.

$32.4Mprogram expense
03

During 2021-2022 the school supported its mission of higher education through program services indirectly related to the education of talented musicians, actors and dancers. Such indirect program services include support of student activities and programming, auxiliary services such as the juilliard store and the student residence hall…

$7.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 6 funders →
Grants paid · 34 grants · $204.4M · 2019–2024
Unitemized GrantFY2024$35,909,335
Unitemized GrantFY2024$1,064,857
Unitemized GrantFY2024$965,054
Unitemized GrantFY2024$858,804
Unitemized GrantFY2024$802,052
Unitemized GrantFY2023$32,697,592
Unitemized GrantFY2023$1,075,658
Unitemized GrantFY2023$950,354
Unitemized GrantFY2023$907,907
Unitemized GrantFY2023$905,089
Unitemized GrantFY2022$31,780,176
Unitemized GrantFY2022$821,506
Unitemized GrantFY2022$799,718
Unitemized GrantFY2022$545,201
Unitemized GrantFY2022$510,186
Unitemized GrantFY2022$98,291
Unitemized GrantFY2021$29,818,947
Unitemized GrantFY2021$837,875
See all 34 grants →

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2025 · $5.2M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$4.2M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$549K
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$168K
Federal Perkins Loan Program_federal Capital ContributionsDepartment of Education · ALN 84.038 · Direct$128K
Federal Supplemental Educational Opportunity GrantsDepartment of Education · ALN 84.007 · Direct$110K

The auditor reported no findings.

Year ending Jun 2024 · $5.6M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$4.3M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$507K
Disaster Grants - Public Assistance (presidentially Declared Disasters)Department of Homeland Security · ALN 97.036 · Through State of New York, Department of Homeland Security and Emergency Services$259K
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$211K
Federal Perkins Loan Program_federal Capital ContributionsDepartment of Education · ALN 84.038 · Direct$164K

Plus 1 smaller program.

The auditor reported no findings.

Year ending Jun 2023 · $6.1M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$4.0M
Disaster Grants - Public Assistance (presidentially Declared Disasters)Department of Homeland Security · ALN 97.036 · Through State of New York, Department of Homeland Security and Emergency Services$1.2M
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$427K
Federal Pekins Loan ProgramDepartment of Education · ALN 84.038 · Direct$201K
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$175K

Plus 2 smaller programs.

The auditor reported no findings.

Year ending Jun 2022 · $5.1M federal money spent
Federal Direct Student LoansDepartment of Education · ALN 84.268 · Direct$3.5M
Education Stabilization FundDepartment of Education · ALN 84.425 · Direct$519K
Federal Pell Grant ProgramDepartment of Education · ALN 84.063 · Direct$444K
Federal Perkins LoanDepartment of Education · ALN 84.038 · Direct$248K
Federal Work-Study ProgramDepartment of Education · ALN 84.033 · Direct$186K

Plus 2 smaller programs.

The auditor reported no findings.

By the numbers

The FY2022 990-T, line by line.

1The main four
Money in
$244.6M
Investment income$98.9M
Gifts and grants$76.9M
Fees for services$68.4M
Money out
$159.1M
Programs$125.8M
Management$28.5M
Fundraising$4.9M
Owns and owes
$1.3B
net assets
Cash and savings$12.2M
Total assets$1.6B
Liabilities$252.0M
People
47
listed
Paid14
Voting board29
Independent28
2In more detail
Revenue in detail
Gifts and grants$76.9M
Government grants$1.9M
Fees for services$68.4M
Investment income$98.9M
Other income$379K
Total revenue$244.6M
Assets in detailEnd of year
Cash and savings together$12.2M
Total assets$1.6B
Liabilities$252.0M
Net assets$1.3B
Operations
Employees2,969
Volunteers47
Fiscal year endsJune
Conflict-of-interest policyYes
Whistleblower policyYes
Records policyYes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 13, 2026 $231.7M$198.6M$33.1M$1.5B 990 PDF
FY2024Filed with the IRS May 8, 2025 $223.7M$191.5M$32.2M$1.4B 990 PDF
FY2023Filed with the IRS May 13, 2024 $181.2M$182.1M−$836K$1.3B 990 PDF
FY2022 Viewing $244.6M$159.1M$85.5M$1.3B 990 PDF
FY2021Filed with the IRS May 12, 2022 $181.6M$153.8M$27.8M$1.3B 990 PDF
FY2020Filed with the IRS May 17, 2021 $140.6M$144.2M−$3.7M$989.7M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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