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BERKLEE COLLEGE OF MUSIC INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
BERKLEE COLLEGE OF MUSIC INC (EIN 04-2300472)
Tax period
2016-06-01 to 2017-05-31
Filed
2018-04-13
IRS object ID
201841039349301029
Schema version
2016v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-04-13T17:22:59-05:00ReturnTs
Tax Period End2017-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line160 South StreetAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02111ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042300472EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BERKLEE COLLEGE OF MUSIC INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% DENISE M RICHInCareOfNm
Business Name ControlBERKBusinessNameControlTxt
Phone6177472287PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11140 BOYLSTON STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP022153693ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRICHARD HISEYPersonNm
Person TitleSR. VP & CFOPersonTitleTxt
Phone6177478089PhoneNum
Signature2018-04-11SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTARA D'AGOSTINOPreparerPersonNm
PTINP01245482PTIN
Phone6179881000PhoneNum
Preparation2018-04-10PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address167.68.102.5IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id04502320181035000184FederalOriginalSubmissionId
Federal Original Submission Id2018-04-13FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id9C37FB02EE77A6FF00EC66693955615721E3AD8AAtSubmissionCreationDeviceId
At Submission Filing Device Id9C37FB02EE77A6FF00EC66693955615721E3AD8AAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROGER H BROWNPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11140 BOYLSTON STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP022153693ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$425,116,581GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BERKLEE.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1945FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTHE MISSION OF BERKLEE COLLEGE OF MUSIC IS TO EDUCATE AND TRAIN STUDENTS TO EXCEL IN A CAREER OF MUSIC, DANCE AND/OR THEATRE.ActivityOrMissionDesc
Voting Members Governing Body43VotingMembersGoverningBodyCnt
Voting Members Independent42VotingMembersIndependentCnt
Total Employee4247TotalEmployeeCnt
Total Volunteers40TotalVolunteersCnt
Total Gross UBI$496,508TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$372,079NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$13,969,969PYContributionsGrantsAmt
CY Contributions Grants$79,067,171CYContributionsGrantsAmt
PY Program Service Revenue$237,659,744PYProgramServiceRevenueAmt
CY Program Service Revenue$290,486,551CYProgramServiceRevenueAmt
PY Investment Income$23,110,781PYInvestmentIncomeAmt
CY Investment Income$17,243,286CYInvestmentIncomeAmt
PY Other Revenue$1,378,047PYOtherRevenueAmt
CY Other Revenue$2,935,722CYOtherRevenueAmt
PY Total Revenue$276,118,541PYTotalRevenueAmt
CY Total Revenue$389,732,730CYTotalRevenueAmt
PY Grants And Similar Paid$43,700,043PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$60,916,759CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$130,602,263PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$152,269,093CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$7,408,920CYTotalFundraisingExpenseAmt
PY Other Expenses$81,623,816PYOtherExpensesAmt
CY Other Expenses$93,128,616CYOtherExpensesAmt
PY Total Expenses$255,926,122PYTotalExpensesAmt
CY Total Expenses$306,314,468CYTotalExpensesAmt
PY Revenues Less Expenses$20,192,419PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$83,418,262CYRevenuesLessExpensesAmt
Total Assets BOY$628,070,205TotalAssetsBOYAmt
Total Assets EOY$750,666,699TotalAssetsEOYAmt
Total Liabilities BOY$372,857,651TotalLiabilitiesBOYAmt
Total Liabilities EOY$387,645,494TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$255,212,554NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$363,021,205NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF BERKLEE COLLEGE OF MUSIC IS TO FOSTER, ENCOURAGE AND PROMOTE THE CULTURE, STUDY, PRACTICE AND TEACHING OF VARIOUS BRANCHES OF MUSIC, THEATER, DANCING AND KINDRED ARTS.MissionDesc
Significant New Program SrvcYes (true)SignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$238,789,973ExpenseAmt
Grant$60,916,759GrantAmt
Revenue$238,117,201RevenueAmt
DescEDUCATION AND INSTRUCTION: THE PROGRAM IS PROVIDED TO DEVELOP THE SKILLS AND KNOWLEDGE OF STUDENTS SEEKING DEGREES IN MUSIC. THE COLLEGE PROVIDES OUTSTANDING FACULTY AND TEACHING FACILITIES FOR OVER 6,400 STUDENTS FROM THE US AND OVER 100 FOREIGN COUNTRIES. THE COLLEGE ALSO OFFERS A NEW WAY FOR MUSICIANS AROUND THE WORLD TO JOIN THE GLOBAL MUSIC COMMUNITY-AS PERFORMERS, AS PRACTITIONERS, AND AS LEADERS WITH THE COLLEGE'S FIRST INTERNATIONAL CAMPUS IN VALENCIA. THE TOTAL INCLUDES $35,394,704 RELATED TO THE EDUCATION AND INSTRUCTION OF STUDENTS AT THE BOSTON CONSERVATORY AT BERKLEE AS A RESULT OF THE MERGER ON JUNE 1, 2016.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$16,531,227ExpenseAmt
Revenue$24,078,071RevenueAmt
DescBERKLEE ONLINE: BERKLEE COLLEGE OF MUSIC OFFERS DEGREES AND ACCREDITED PROGRAMS IN THE AREAS OF PRODUCTION, GUITAR, SONG WRITING, THEORY, HARMONY AND EAR TRAINING, AND THE MUSIC BUSINESS. CURRENTLY MORE THAN 9,800 STUDENTS PARTICIPATE IN ONLINE LEARNING.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$12,107,892ExpenseAmt
Revenue$29,630,264RevenueAmt
DescAUXILIARY SERVICES: THE COLLEGE HAS RESIDENCE HALL FACILITIES TO PROVIDE HOUSING FOR THOSE STUDENTS THAT CHOOSE TO LIVE AT THE COLLEGE. THE COLLEGE ALSO PROVIDES MEAL PLANS FOR BOTH STUDENTS IN HOUSING AND THOSE COMMUTER STUDENTS THAT CHOOSE THIS PLAN.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$267,429,092TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document1228IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee4247EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountrySPForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members43GoverningBodyVotingMembersCnt
Independent Voting Member42IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VentureYes (true)InvestmentInJointVentureInd
Written Policy Or ProcedurefalseWrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDENISE M RICHPersonNm
Phone6177473191PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11140 BOYLSTON STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP022153693ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (54 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
DAVID ABRAMS
TRUSTEE2.00.0Yes (X)$0$0$0
LUIS ALVAREZ
TRUSTEE2.00.0Yes (X)$0$0$0
LES BAKER
TRUSTEE2.00.0Yes (X)$0$0$0
MICHAEL A BROWN
TRUSTEE2.00.0Yes (X)$0$0$0
DAVID CLEM
TRUSTEE2.00.0Yes (X)$0$0$0
JOHN CONNAUGHTON
TRUSTEE2.00.0Yes (X)$0$0$0
CYNTHIA CURME
TRUSTEE2.00.0Yes (X)$0$0$0
MICHAEL R EISENSON
VICE CO-CHAIR2.00.0Yes (X)$0$0$0
EMILIO ESTEFAN
TRUSTEE2.00.0Yes (X)$0$0$0
GLORIA ESTEFAN
TRUSTEE2.00.0Yes (X)$0$0$0
MONICA GIRALDO
TRUSTEE - END 3/172.00.0Yes (X)$0$0$0
DEAN GOODERMOTE
TRUSTEE2.00.0Yes (X)$0$0$0
DAVID GROSS-LOH
TRUSTEE2.00.0Yes (X)$0$0$0
JOSH GRUSS
TRUSTEE2.00.0Yes (X)$0$0$0
CHRISTOPHER GUEST
TRUSTEE - END 3/172.00.0Yes (X)$0$0$0
NILS GUMS
TRUSTEE2.00.0Yes (X)$0$0$0
DAN HARPLE
TRUSTEE2.00.0Yes (X)$0$0$0
KRISTINE MOYER HIGGINS
TRUSTEE2.00.0Yes (X)$0$0$0
CHARLES HIRSCHHORN
TRUSTEE2.00.0Yes (X)$0$0$0
STEVEN HOLTZMAN
TRUSTEE2.00.0Yes (X)$0$0$0
BILL KAISER
TRUSTEE2.00.0Yes (X)$0$0$0
JOEL KATZ
TRUSTEE2.00.0Yes (X)$0$0$0
BJ KRINTZMAN
TRUSTEE2.00.0Yes (X)$0$0$0
LAURA KUNKEMUELLER
TRUSTEE2.00.0Yes (X)$0$0$0
SARA LAWRENCE-LIGHTFOOT
TRUSTEE2.00.0Yes (X)$0$0$0
MIE KYUNG LEE
TRUSTEE2.00.0Yes (X)$0$0$0
MARTIN MANNION
VICE CO-CHAIR2.00.0Yes (X)$0$0$0
DEMOND MARTIN
TRUSTEE2.00.0Yes (X)$0$0$0
MARC MAYER
TRUSTEE2.00.0Yes (X)$0$0$0
JANE MENDILLO
TRUSTEE2.00.0Yes (X)$0$0$0
FREDERICK T MILLER
TRUSTEE2.00.0Yes (X)$0$0$0
PETER MULLER
TRUSTEE2.00.0Yes (X)$0$0$0
MEGAN O'BLOCK
TRUSTEE2.00.0Yes (X)$0$0$0
ANTHONY PANGARO
TRUSTEE2.00.0Yes (X)$0$0$0
ALEX RIGOPULOS
TRUSTEE2.00.0Yes (X)$0$0$0
JEFF SHAMES
TRUSTEE2.00.0Yes (X)$0$0$0
DAVID SCOTT SLOAN
TRUSTEE2.00.0Yes (X)$0$0$0
DARIUS SIDEBOTHAM
TRUSTEE2.00.0Yes (X)$0$0$0
SUSAN SOLOMONT
TRUSTEE2.00.0Yes (X)$0$0$0
JEFFREY C WALKER
TRUSTEE2.00.0Yes (X)$0$0$0
SUSAN WHITEHEAD
CHAIR OF THE BOARD2.00.0Yes (X)$0$0$0
ANN MARIE WILKINS
TRUSTEE2.00.0Yes (X)$0$0$0
MARY ZACHARIS
TRUSTEE2.00.0Yes (X)$0$0$0
BARRY ZUBROW
TRUSTEE2.00.0Yes (X)$0$0$0
ROGER H BROWN
PRESIDENT35.00.0Yes (X)$577,133$0$60,252Yes (X)
RICHARD HISEY
SR VICE PRESIDENT/TREASURER35.00.0$332,446$0$48,139Yes (X)
MELISSA HOWE
SECRETARY/CHIEF OF STAFF35.00.0$165,600$0$19,228Yes (X)
RICHARD ORTNER
PRESIDENT - TBCB35.00.0$302,260$0$35,117Yes (X)
LAWRENCE J SIMPSON
SR VP ACADEMIC AFFAIRS35.00.0$327,524$0$49,216Yes (X)
DAVID S MASH
SR VP INNOVATION/STRATEGY35.00.0$329,447$0$43,158Yes (X)
CYNTHIA LINK
SR VP INST. ADVANCEMENT35.00.0$299,189$0$59,690Yes (X)
DAVID GREGORY
VP TECH RESOURCES35.00.0$289,625$0$46,446Yes (X)
DEBORAH CAVALIER
SR VP ONLINE LEARNING35.00.0$293,105$0$38,018Yes (X)
THOMAS RILEY
VP EXTERNAL AFFAIRS35.00.0$280,420$0$49,541Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,196,749TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$448,805TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K274IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
COLUMBIA CONSTRUCTION COMPANY
100 RIVERPARK DRIVENORTH READINGMA01864CONSTRUCTION$11,791,981
ARAMARK SERVICES INC
1057 SOLUTIONS CENTERCHICAGOIL60677FOOD SERVICES$5,807,024
ACME BUILDING SERVICES INC
LAKESIDE OFFICE PARK DOOR 6WAKEFIELDMA01880CUSTODIAL SERVICES$3,105,772
SECURITAS SECURITY SERVICES INC
PO BOX 403412ATLANTAGA303843412SECURITY SERVICES$2,017,406
GOOGLE
1600 AMPHITHEATRE PARKWAYMOUNTAIN VIEWCA94043ADVERTISING$1,518,295
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K122CntrctRcvdGreaterThan100KCnt
Fundraising$2,345,674FundraisingAmt
Government Grants$1,003,746GovernmentGrantsAmt
All Other Contributions$75,717,751AllOtherContributionsAmt
Noncash Contributions$60,795,105NoncashContributionsAmt
Total Contributions$79,067,171TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION & FEES611710$235,298,481$235,298,481
ROOM & BOARD721310$29,630,261$29,630,261
BERKLEE ONLINE611710$24,078,071$24,078,071
PERFORMANCE CENTER611710$1,056,283$1,056,283
OTHER INCOME611710$423,455$423,455
FieldValueIRS element (for citing)
Total Program Service Revenue$290,486,551TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$227,941TotalRevenueColumnAmt
Unrelated Business Revenue-$176,048UnrelatedBusinessRevenueAmt
Exclusion$403,989ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,850,041RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$2,465,510RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$615,469RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$615,469TotalRevenueColumnAmt
Exclusion-$615,469ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$46,683,985SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$29,668,640SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$17,015,345SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,015,345TotalRevenueColumnAmt
Unrelated Business Revenue$560,569UnrelatedBusinessRevenueAmt
Exclusion$16,454,776ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$329,641FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$2,345,674ContriRptFundraisingEventAmt
Fundraising Direct Expenses$768,650FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$439,009TotalRevenueColumnAmt
Exclusion-$439,009ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$3,820,037GrossSalesOfInventoryAmt
Cost Of Goods Sold$2,481,051CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,338,985TotalRevenueColumnAmt
Related Or Exempt Func Income$1,338,985RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
PREMIUM AMORTIZATION900099$1,053,212$1,053,212
PERKINS REFUND900099$770,438$770,438
BOOKSTORE451211$421,401$421,401

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$406,164TotalRevenueColumnAmt
Unrelated Business Revenue$111,987UnrelatedBusinessRevenueAmt
Exclusion$294,177ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,651,215OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$389,732,730TotalRevenueColumnAmt
Related Or Exempt Func Income$291,825,536RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$496,508UnrelatedBusinessRevenueAmt
Exclusion$18,343,515ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$60,916,759TotalAmt
Program Services$60,916,759ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,143,922TotalAmt
Program Services$764,607ProgramServicesAmt
Management And General$625,241ManagementAndGeneralAmt
Fundraising$754,074FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$132,041TotalAmt
Program Services$132,041ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$116,537,698TotalAmt
Program Services$97,715,626ProgramServicesAmt
Management And General$15,101,147ManagementAndGeneralAmt
Fundraising$3,720,925FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$7,650,023TotalAmt
Program Services$27,036ProgramServicesAmt
Management And General$7,596,005ManagementAndGeneralAmt
Fundraising$26,982FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$17,477,572TotalAmt
Program Services$26,312,688ProgramServicesAmt
Management And General-$9,874,935ManagementAndGeneralAmt
Fundraising$1,039,819FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$8,327,837TotalAmt
Program Services$7,042,574ProgramServicesAmt
Management And General$993,898ManagementAndGeneralAmt
Fundraising$291,365FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$4,820,060TotalAmt
Program Services$4,820,060ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,476,468TotalAmt
Program Services$16,443ProgramServicesAmt
Management And General$1,460,025ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$464,203TotalAmt
Management And General$464,203ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,769,470TotalAmt
Program Services$4,859,538ProgramServicesAmt
Management And General$827,888ManagementAndGeneralAmt
Fundraising$82,044FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,858,472TotalAmt
Program Services$3,426,074ProgramServicesAmt
Management And General$1,220,933ManagementAndGeneralAmt
Fundraising$211,465FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$8,359,683TotalAmt
Program Services$4,550,531ProgramServicesAmt
Management And General$3,534,272ManagementAndGeneralAmt
Fundraising$274,880FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$6,056,271TotalAmt
Program Services$1,231,930ProgramServicesAmt
Management And General$4,824,341ManagementAndGeneralAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$1,590,562TotalAmt
Program Services$1,590,562ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$14,081,609TotalAmt
Program Services$13,801,987ProgramServicesAmt
Management And General$279,378ManagementAndGeneralAmt
Fundraising$244FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,642,055TotalAmt
Program Services$1,729,534ProgramServicesAmt
Management And General$595,458ManagementAndGeneralAmt
Fundraising$317,063FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$744,188TotalAmt
Program Services$434,460ProgramServicesAmt
Management And General$247,260ManagementAndGeneralAmt
Fundraising$62,468FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$10,720,256TotalAmt
Program Services$10,720,256ProgramServicesAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$14,336,336TotalAmt
Program Services$14,336,336ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$480,719TotalAmt
Management And General$480,719ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmtManagement And GeneralManagementAndGeneralAmt
COST OF MEALS$6,437,780$6,393,255$44,525
EVENT EXPENSE$2,034,160$1,463,139$354,412$216,609
AUDITIONING$1,279,795$1,272,682$7,113
MEMBERSHIPS$727,161$184,973$21,009$521,179

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$6,249,368TotalAmt
Program Services$3,686,001ProgramServicesAmt
Management And General$2,355,722ManagementAndGeneralAmt
Fundraising$207,645FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$306,314,468TotalAmt
Program Services$267,429,092ProgramServicesAmt
Management And General$31,476,456ManagementAndGeneralAmt
Fundraising$7,408,920FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$49,303,491BOYAmt
EOY$62,664,931EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$12,753,420BOYAmt
EOY$12,922,625EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$433,646BOYAmt
EOY$417,789EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$4,301,145BOYAmt
EOY$3,883,849EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$441,005,873LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$148,496,580LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$224,674,925BOYAmt
EOY$292,509,293EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$316,410,569BOYAmt
EOY$358,716,518EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$20,193,009BOYAmt
EOY$19,551,694EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$628,070,205BOYAmt
EOY$750,666,699EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$89,641,446BOYAmt
EOY$78,507,331EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$30,650,010BOYAmt
EOY$28,407,430EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$249,414,116BOYAmt
EOY$277,453,048EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,152,079BOYAmt
EOY$3,277,685EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$372,857,651BOYAmt
EOY$387,645,494EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$187,082,682BOYAmt
EOY$273,208,711EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$25,731,734BOYAmt
EOY$40,508,165EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$42,398,138BOYAmt
EOY$49,304,329EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$255,212,554BOYAmt
EOY$363,021,205EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$628,070,205BOYAmt
EOY$750,666,699EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$83,418,262ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$20,206,529NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$4,183,860OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,978,986CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$16,973,380CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$20,940,141CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,969,969CurrentTaxYearMinus1YearAmt
Current Tax Year$18,623,012CurrentTaxYearAmt
Total$81,485,488TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,978,986CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$16,973,380CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$20,940,141CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,969,969CurrentTaxYearMinus1YearAmt
Current Tax Year$18,623,012CurrentTaxYearAmt
Total$81,485,488TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$12,569,402SubstantialContributorsTotAmt
Public Support Total170$68,916,086PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,941,641CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,986,219CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,790,536CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,608,600CurrentTaxYearMinus1YearAmt
Current Tax Year$2,077,982CurrentTaxYearAmt
Total$9,404,978TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$188,262CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$133,446CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$460,568CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$513,539CurrentTaxYearMinus1YearAmt
Current Tax Year$373,079CurrentTaxYearAmt
Total$1,668,894TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,101,928CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,288,098CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,814,892CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,178,023CurrentTaxYearMinus1YearAmt
Current Tax Year$2,868,869CurrentTaxYearAmt
Total$8,251,810TotalAmt
FieldValueIRS element (for citing)
Total Support$100,811,170TotalSupportAmt
Gross Receipts Rltd Activities$1,173,240,972GrossReceiptsRltdActivitiesAmt
Public Support CY1700.68362PublicSupportCY170Pct
Public Support PY1700.69940PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
Agent Trustee EtcfalseAgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabfalseInclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$316,410,569BeginningYearBalanceAmt
Contributions$21,034,097ContributionsAmt
Investment Earnings Or Losses$37,221,874InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,078,168GrantsOrScholarshipsAmt
Other Expenditures$13,871,854OtherExpendituresAmt
End Year Balance$358,716,518EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$327,745,268BeginningYearBalanceAmt
Contributions$6,167,204ContributionsAmt
Investment Earnings Or Losses-$3,245,483InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,015,674GrantsOrScholarshipsAmt
Other Expenditures$8,240,746OtherExpendituresAmt
End Year Balance$316,410,569EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$321,453,450BeginningYearBalanceAmt
Contributions$5,167,442ContributionsAmt
Investment Earnings Or Losses$14,102,364InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,655,853GrantsOrScholarshipsAmt
Other Expenditures$9,322,135OtherExpendituresAmt
End Year Balance$327,745,268EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$290,634,435BeginningYearBalanceAmt
Contributions$2,936,790ContributionsAmt
Investment Earnings Or Losses$39,425,073InvestmentEarningsOrLossesAmt
Grants Or Scholarships$632,810GrantsOrScholarshipsAmt
Other Expenditures$10,910,038OtherExpendituresAmt
End Year Balance$321,453,450EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$243,450,428BeginningYearBalanceAmt
Contributions$12,504,444ContributionsAmt
Investment Earnings Or Losses$45,086,648InvestmentEarningsOrLossesAmt
Grants Or Scholarships$863,414GrantsOrScholarshipsAmt
Other Expenditures$9,543,671OtherExpendituresAmt
End Year Balance$290,634,435EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.83010BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.12060PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.04930TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$53,293,375OtherCostOrOtherBasisAmt
Book Value$53,293,375BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$186,041,567OtherCostOrOtherBasisAmt
Depreciation$32,806,584DepreciationAmt
Book Value$153,234,983BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$150,271,467OtherCostOrOtherBasisAmt
Depreciation$81,812,907DepreciationAmt
Book Value$68,458,560BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$48,072,484OtherCostOrOtherBasisAmt
Depreciation$32,467,675DepreciationAmt
Book Value$15,604,809BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,326,980OtherCostOrOtherBasisAmt
Depreciation$1,409,414DepreciationAmt
Book Value$1,917,566BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$292,509,293TotalBookValueLandBuildingsAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescREFUNDABLE ADVANCES - U.S. GOVDesc
Amt$3,277,685Amt
FieldValueIRS element (for citing)
Total Liability$3,277,685TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$429,600,235TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$20,206,529NetUnrealizedGainsInvstAmt
Other Revenue$22,166,731OtherRevenueAmt
Revenue Not Reported$42,373,260RevenueNotReportedAmt
Revenue Subtotal$387,226,975RevenueSubtotalAmt
Other Revenues Not Included$2,505,755OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$2,505,755RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$389,732,730TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$321,694,866TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$15,380,398OtherExpensesIncludedAmt
Expenses Not Reported$15,380,398ExpensesNotReportedAmt
Expenses Subtotal$306,314,468ExpensesSubtotalAmt
Total Expenses Per Form990$306,314,468TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
ESCROW AND CUSTODIAL ARRANGEMENTSPART IV BERKLEE COLLEGE OF MUSIC IS 100% OWNER OF BERKLEE VALENCIA AND 50% OWNER OF AMP UP NYC LLC. THE COLLEGE MAINTAINS THE BOOKS AND RECORDS FOR THE RELATED ENTITIES.
ENDOWMENT FUNDSPART V, LINE 4 ENDOWMENT ASSETS ARE INTENDED TO PROVIDE INCOME FOR CURRENT OPERATIONS AND OPERATIONS AND SCHOLARSHIPS WITHIN LEGAL SPENDING LIMITS. PERMANENT RESTRICTED ASSETS MUST BE HELD IN PERPETUITY. TEMPORARY RESTRICTED ASSETS ARE HELD FOR DONOR SPECIFIED TIME OR PURPOSE.
LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 (ASC 740)PART X, LINE 2 THE COLLEGE IS A TAX-EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE (THE CODE), AND IS GENERALLY EXEMPT FROM TAXES PURSUANT TO SECTION 501(a) OF THE CODE. ACCORDINGLY, IT IS GENERALLY NOT SUBJECT TO INCOME TAXES EXCEPT TO THE EXTENT IT HAS TAXABLE INCOME FROM ACTIVITIES THAT ARE NOT RELATED TO ITS EXEMPT PURPOSE. THE COLLEGE HAS GENERATED UNRELATED BUSINESS INCOME FOR THE YEAR ENDED MAY 31, 2017 BUT IT IS NOT SIGNIFICANT TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE COLLEGE BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS.
OTHER REVENUE INCLUDED IN FINANCIAL STATEMENTS NOT ON RETURNPART XI, LINE 2D BERKLEE VALENCIA REVENUE 9,761,905 PENSION OBLIGATION CHANGES OTHER THAN NET PERIODIC COSTS 12,404,826 TOTAL 22,166,731
REVENUE INCLUDED ON RETURN BUT NOT IN FINANCIAL STATEMENTSPART XI, LINE 4B LOSS ON EXTINGUISHMENT OF DEBT 8,220,966 RECLASS OF FUNDRAISING EXPENSE (768,650) RECLASS OF RENTAL EXPENSE (2,465,510) BERKLEE LAPTOP PROGRAM COSTS OF GOODS SOLD (2,481,051) TOTAL 2,505,755
OTHER EXPENSES INCLUDED IN FINANCIAL STATEMENTS BUT NOT ON RETURNPART XII, LINE 2D BERKLEE VALENCIA EXPENSES 9,665,187 BERKLEE LAPTOP PROGRAM COST OF GOODS SOLD 2,481,051 RECLASS OF RENTAL EXPENSE 2,465,510 RECLASS OF FUNDRAISING EXPENSE 768,650 TOTAL 15,380,398

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PUBLICIZE NONDISCRIMINATORY POLICYLINE 3 THE COLLEGE'S POLICY OF NONDISCRIMINATION IS PUBLISHED IN ALL COLLEGE CATALOGUES AND BROCHURES, ALL EMPLOYMENT ADVERTISEMENTS, AS WELL AS ON THE COLLEGE'S WEBSITE WWW.BERKLEE.EDU.
FINANCIAL AID OR ASSISTANCELINE 6A THE COLLEGE RECEIVES FEDERAL AND STATE STUDENT FINANCIAL AID IN THE FORM OF GRANTS, LOANS, AND WORK STUDY.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (14 entries)

RegionRegionTxtOfficesOfficesCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)1Program ServicesVALENCIA CAMPUS$9,665,187
Europe (Including Iceland and Greenland)Program ServicesSTUDY ABROAD$62,629
Central America and the CaribbeanInvestments$96,563,186
South AmericaProgram ServicesSTUDY ABROAD$104,215
South AsiaProgram ServicesSTUDY ABROAD$279,935
North AmericaProgram ServicesSTUDY ABROAD$164,538
Central America and the CaribbeanProgram ServicesBERKLEE ONLINE$0
Europe (Including Iceland and Greenland)Program ServicesBERKLEE ONLINE$0
Middle East and North AfricaProgram ServicesBERKLEE ONLINE$0
North AmericaProgram ServicesBERKLEE ONLINE$0
Russia and the Newly Independent StatesProgram ServicesBERKLEE ONLINE$0
South AmericaProgram ServicesBERKLEE ONLINE$0
South AsiaProgram ServicesBERKLEE ONLINE$0
Sub-Saharan AfricaProgram ServicesBERKLEE ONLINE$0
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Total Office1TotalOfficeCnt
Subtotal Spent$106,839,690SubtotalSpentAmt
Total Spent$106,839,690TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesYes (true)BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE ACTIVITY CONDUCTED IN SPAIN IS MANAGEMENT AND PROGRAM SERVICES, INCLUDING GRADUATE PROGRAMS, AND STUDY ABROAD FOR THE COLLEGE'S FIRST INTERNATIONAL CAMPUS. THE VALENCIA CAMPUS HAS 96 EMPLOYEES.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALAEvent1Nm
Gross Receipts Event1$1,815,563GrossReceiptsEvent1Amt
Charitable Contri Event1$1,580,994CharitableContriEvent1Amt
Gross Revenue Event1$234,569GrossRevenueEvent1Amt
Rent Facility Costs Event1$361,083RentFacilityCostsEvent1Amt
Entertainment Event1$15,913EntertainmentEvent1Amt
Other Direct Expenses Event1$34,488OtherDirectExpensesEvent1Amt
Event2GALA - TBCBEvent2Nm
Gross Receipts Event2$771,372GrossReceiptsEvent2Amt
Charitable Contri Event2$692,500CharitableContriEvent2Amt
Gross Revenue Event2$78,872GrossRevenueEvent2Amt
Rent Facility Costs Event2$168,143RentFacilityCostsEvent2Amt
Entertainment Event2$111,844EntertainmentEvent2Amt
Other Direct Expenses Event2$35,468OtherDirectExpensesEvent2Amt
Other Events Total2OtherEventsTotalCnt
Gross Receipts Other Events$88,380GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$72,180CharitableContriOtherEventsAmt
Gross Revenue Other Events$16,200GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$41,711OthDirectExpnssOtherEventsAmt
Gross Receipts Total$2,675,315GrossReceiptsTotalAmt
Charitable Contributions Tot$2,345,674CharitableContributionsTotAmt
Gross Revenue Total Events$329,641GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$529,226RentFcltyCostsTotalEventsAmt
Entertainment Total Events$127,757EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$111,667OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$768,650DirectExpenseSummaryEventsAmt
Net Income Summary-$439,009NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
INTERNAL SCHOLARSHIPS2985$55,197,743
EXTERNAL SCHOLARSHIPS422$4,879,606
COLLEGE WORK STUDY259$332,814
MASSACHUSETTS STATE SCHOLARSHIPS106$161,700
SEOG FINANCIAL AID AWARDS243$344,896

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceORGANIZATION'S PROCEDURE FOR MONITORING THE USE OF GRANT FUNDSFormAndLineReferenceDesc
ExplanationPART I, LINE 2 THE COlLEGE'S OFFICE OF FINANCIAL AID IS RESPONSIBLE FOR AWARDING AND MONITORING ALL FEDERAL AND STATE GRANT ASSISTANCE. STUDENTS APPLY FOR FINANCIAL AID BY COMPLETING A FAFSA FORM WHICH CAPTURES THE DATA REQUIRED DETERMINING ELIGIBILITY BASED ON FEDERAL AND/OR STATE REGULATIONS. DOCUMENTATION TO SUPPORT ELIGIBILITY IS KEPT FOR EACH INDIVIDUAL STUDENT ON FILE IN THE FINANCIAL AID OFFICE. WHEN FUNDS ARE AWARDED, STUDENT ELIGIBILITY IS MONITORED THROUGH THE COLLEGE'S OPERATIONAL SYSTEM AID MODULE TO ENSURE THERE ARE NO CHANGES IN STATUS THAT MIGHT AFFECT THEIR ONGOING ELIGIBILITY. TOTAL GRANT FUNDS AWARDED ARE TRACKED TO ENSURE COMPLIANCE WITH AUTHORIZED AMOUNTS FROM THE FUNDING AGENCY. THE COLLEGE ALSO IS REQUIRED TO SUBMIT AN ANNUAL INDEPENDENT A-133 AUDIT TO ENSURE COMPLIANCE WITH ALL FEDERAL REGULATIONS FOR GRANT ASSISTANCE. THE SCHOLARSHIP OFFICE IS RESPONSIBLE FOR AWARDING AND MONITORING ALL INSTITUTIONAL SCHOLARSHIP ASSISTANCE. CONTINUING STUDENTS APPLY FOR SCHOLARSHIP AID BY COMPLETING A SCHOLARSHIP APPLICATION FORM WHICH CAPTURES THE DATA REQUIRED TO DETERMINE ELIGIBILITY BASED ON INSTITUTIONAL GUIDELINES. ENTERING STUDENTS ARE AUTOMATICALLY CONSIDERED FOR SCHOLARSHIP BASED ON THE COLLEGE'S AUDITION AND INTERVIEW PROCESS. DOCUMENTATION TO SUPPORT ELIGIBILITY IS KEPT FOR EACH INDIVIDUAL STUDENT ON FILE IN THE SCHOLARSHIP OFFICE. WHEN FUNDS ARE AWARDED, STUDENT ELIGIBILITY IS MONITORED THROUGH THE COLLEGE'S OPERATIONAL SYSTEM SCHOLARSHIP MODULE TO ENSURE THERE ARE NO CHANGES IN STATUS THAT MIGHT AFFECT THEIR ONGOING ELIGIBILITY. TOTAL SCHOLARSHIP FUNDS AWARDED ARE TRACKED TO ENSURE COMPLIANCE WITH BUDGETED AMOUNTS. THE SCHOLARSHIP OFFICE REVIEWS ALL AWARDS EACH SEMESTER TO DETERMINE THAT THE STUDENT IS STILL ELIGIBLE FOR THE SCHOLARSHIP.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ROGER H BROWN
PRESIDENT$439,713$0$92,914$0$44,506$0$23,850$0$36,402$0$637,385$0$0$0
RICHARD HISEY
SR VICE PRESIDENT/TREASURER$273,325$0$35,735$0$23,386$0$23,850$0$24,289$0$380,585$0$0$0
MELISSA HOWE
SECRETARY/CHIEF OF STAFF$149,815$0$4,951$0$10,834$0$14,185$0$5,043$0$184,828$0$0$0
RICHARD ORTNER
PRESIDENT - TBCB$167,742$0$100,000$0$34,518$0$10,821$0$24,296$0$337,377$0$0$0
LAWRENCE J SIMPSON
SR VP ACADEMIC AFFAIRS$272,889$0$23,681$0$30,954$0$23,850$0$25,366$0$376,740$0$0$0
DAVID S MASH
SR VP INNOVATION/STRATEGY$297,495$0$24,225$0$7,727$0$23,850$0$19,308$0$372,605$0$0$0
CYNTHIA LINK
SR VP INST. ADVANCEMENT$236,809$0$22,240$0$40,140$0$23,850$0$35,840$0$358,879$0$0$0
DAVID GREGORY
VP TECH RESOURCES$275,068$0$6,825$0$7,732$0$23,850$0$22,596$0$336,071$0$0$0
DEBORAH CAVALIER
SR VP ONLINE LEARNING$222,074$0$50,000$0$21,031$0$22,758$0$15,260$0$331,123$0$0$0
THOMAS RILEY
VP EXTERNAL AFFAIRS$244,959$0$10,729$0$24,732$0$23,850$0$25,691$0$329,961$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
BENEFITSPART I, LINE 1A TRAVEL FOR COMPANIONS IS PROVIDED ONLY TO THE PRESIDENT AND IS INCLUDED AS TAXABLE COMPENSATION ON HIS FORM W-2. HEALTH CLUB DUES ARE REIMBURSED TO MEMBERS OF THE PRESIDENT'S COUNCIL UNDER AN EXECUTIVE WELLNESS REIMBURSEMENT PROGRAM. THIS INCLUDES THE SENIOR VICE PRESIDENTS AND VICE PRESIDENTS REPORTED IN FORM 990 PART VII. THE AMOUNTS ARE INCLUDED AS TAXABLE COMPENSATION IN EACH INDIVIDUALS FORM W-2. THE PRESIDENT/EXECUTIVE DIRECTOR OF THE BOSTON CONSERVATORY AT BERKLEE RECEIVES A HOUSING ALLOWANCE. THE BOARD OF TRUSTEES OF THE FORMER BOSTON CONSERVATORY VOTED TO APPROVE THE AMOUNT OF THE HOUSING ALLOWANCE FOR THE PRESIDENT. THE HOUSING ALLOWANCE IS INCLUDED AS PART OF THE PRESIDENT'S TAXABLE COMPENSATION.
SEVERANCE ARRANGEMENTPART I, LINE 4A THE PRESIDENT/EXECUTIVE DIRECTOR OF THE BOSTON CONSERVATORY AT BERKLEE HAS AN EMPLOYMENT AGREEMENT WITH A CONDITIONAL SEVERANCE CLAUSE THAT WAS EXECUTED IN JUNE 2017.
SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANPART I, LINE 4B ROGER BROWN AND DAVID MASH PARTICIPATE IN A FROZEN NONQUALIFIED SUPPLEMENTAL RETIREMENT PLAN. THERE WERE NO DISTRIBUTIONS FROM THE PLAN IN CALENDAR YEAR 2016.
NON-FIXED PAYMENTSPART I, LINE 7 PERFORMANCE BONUS AMOUNTS ARE REWARDED AT THE DISCRETION OF THE PRESIDENT AND REVIEWED AND ENDORSED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THE BONUSES ARE COMPARED AGAINST MARKET DATA.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MHEFA REVENUE BOND SERIES 2007A
A04245601157586CE272007-08-08$178,014,966BUILDING, EQUIP, RENO, REFINANCEfalsefalsefalse
MDFA REVENUE BONDS SERIES 2011
B04343181457583UJE92011-09-22$95,437,831PURCHASE LAND, BUILDING, EQUIPMENTfalsefalsefalse
MDFA REVENUE BONDS SERIES 2016
C04343181457584XUU32016-08-16$182,938,090REFUND SERIES 2007A/2013 BOCO DEBTfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$167,625,156$0$183,964,049$0$0$0$1,232,844$0$0$110,120,341$72,610,864$02012Yes (true)falseYes (true)Yes (true)
B$8,580,670$0$97,849,865$0$0$0$678,781$0$0$97,171,084$0$02014falsefalseYes (true)Yes (true)
C$835,828$0$182,938,090$3,524$234,313$143,528,196$1,009,048$0$27,018,542$0$11,144,467$02016Yes (true)Yes (true)Yes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalseYes (true)Yes (true)Yes (true)false0.013200.01320falsefalsefalseYes (true)
BfalsefalseYes (true)Yes (true)false0.007100.00710falsefalsefalseYes (true)
CfalseYes (true)Yes (true)Yes (true)false0.018800.01880falsefalsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtTerm Of GICTermOfGICPctRegulatory Safe Harbor StsfdRegulatorySafeHarborStsfdIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
AfalsefalsefalseYes (true)falsefalseYes (true)TRANSAMERICA2.Yes (true)falseYes (true)
0
BfalsefalsefalseYes (true)falsefalsefalse0falseYes (true)
0
CfalsefalsefalseYes (true)falsefalsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PROCEEDS OF BOND ISSUESCHEDULE K, PART II, LINE 3 THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS FOR BOND ISSUES A AND B IS INVESTMENT EARNINGS OF $5,949,083 AND $2,412,034 RESPECTIVELY.
REBATE COMPUTATION DATESCHEDULE K, PART IV, LINE 2C NO REBATE IS DUE ON THE BOND ISSUES. THE COMPUTATION DATES WERE AS FOLLOWS: BOND ISSUE A: 05/31/2017 BOND ISSUE B: 05/31/2016 BOND ISSUE C: 05/31/2017

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonBRUNO RABERGPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionSPOUSE - M. HOWE, OFFICERRelationshipDescriptionTxt
Transaction$132,041TransactionAmt
TransactionEMPLOYMENT - FAMILY MEMBERTransactionDesc
Sharing Of RevenuesfalseSharingOfRevenuesInd

Schedule M IRS990ScheduleM

FieldValueIRS element (for citing)
Works Of ArtWorksOfArtGrp
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$1,850NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$5,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp
Securities Publicly TradedSecuritiesPubliclyTradedGrp
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)NET ASSETS FROM MERGER1$60,444,159FMV
Yes (X)Musical Instruments245$332,012FMV
Yes (X)Tickets253$6,634FMV
Yes (X)Camera1$5,450FMV
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
ORGANIZATION'S MISSIONFORM 990 PART III LINE 1 THE MISSION OF BERKLEE COLLEGE OF MUSIC IS TO EDUCATE, TRAIN, AND DEVELOP STUDENTS TO EXCEL IN MUSIC AS A CAREER. DEVELOPING THE MUSICIANSHIP OF OUR STUDENTS IS THE FOUNDATION OF OUR CURRICULUM. WE BELIEVE THAT THE LESSONS AND QUALITIES DERIVED FROM THAT WORK -THE SELF DISCIPLINE NEEDED FOR EXCELLENCE, THE EMPATHY REQUIRED OF MUSIC-MAKING, AND THE OPENNESS AND INQUISITIVENESS ESSENTIAL TO CREATIVITY -ARE CRITICAL TO ACHIEVEMENT IN ANY PURSUIT, MUSICAL OR OTHERWISE; AND THAT MUSIC IS A POWERFUL CATALYST FOR PERSONAL GROWTH, WHICH IS CENTRAL TO ANY COLLEGIATE EXPERIENCE. FOUNDED ON JAZZ AND POPULAR MUSIC ROOTED IN THE AFRICAN CULTURE DIASPORA, OUR COMPREHENSIVE CURRICULUM IS DISTINCTLY CONTEMPORARY IN ITS CONTENT AND APPROACH, AND EMBRACES THE PRINCIPAL MUSICAL MOVEMENTS OF OUR TIME. THROUGH A COURSE OF SCHOLARLY AND PRACTICAL LEARNING EXPERIENCES INTEGRATING PERFORMANCE AND WRITING, OUR CURRICULUM COVERS THE VARIETY OF STYLES, RELEVANT TECHNOLOGIES, AND CAREER OPPORTUNITIES OPEN TO TODAY'S MUSIC PROFESSIONAL.
PROGRAM SERVICESFORM 990 PART III LINE 2 Effective June 1, 2016, The Boston Conservatory (the Conservatory) merged with and into Berklee College of Music (the College), with the College as the surviving corporation. The Conservatory now operates as a division of the College known as The Boston Conservatory at Berklee.
SIGNIFICANT CHANGE TO GOVERNING DOCUMENTSFORM 990 PART IV LINE 4 Effective June 1, 2016, The Boston Conservatory (the Conservatory) merged with and into Berklee College of Music (the College). AS PART OF THE MERGER, THE FOLLOWING REVISIONS WERE MADE TO THE BYLAWS: - THE COLLEGE SHALL HAVE A BOARD OF TRUSTEES CONSISTING OF NOT LESS THAN 12 NOR MORE THAN 45 PERSONS, OF WHOM ONE SHALL BE THE PRESIDENT OF BERKLEE COLLEGE OF MUSIC. NO TRUSTEE SHALL BE ELIGIBLE TO SERVE BEFORE ATTAINING THE AGE OF 21 YEARS NOR MAY ANY STUDENT OR EMPLOYEE OF THE COLLEGE, OTHER THAN THE PRESIDENT, BE ELECTED TO BOARD MEMBERSHIP. IN CONNECTION WITH THE MERGER, EIGHT INDIVIDUALS SHALL BE INITIALLY ELECTED TO THE BOARD FOR AN INITIAL 3 YEAR TERM, KNOWN AS THE BOSTON CONSERVATORY AT BERKLEE (TBCB) TRUSTEES. GENERALLY, ALL OTHER TRUSTEES SHALL SERVE FOR TERMS OF UP TO THREE YEARS. THE BOARD OF TRUSTEES SHALL HAVE ALL NECESSARY AND CONVENIENT POWERS TO DIRECT AND MANAGE THE BUSINESS AND AFFAIRS OF THE COLLEGE. FOR A COMPLETE LIST OF THESE POWERS, A COPY OF THE BYLAWS CAN BE PROVIDED UPON REQUEST. - THE OFFICERS OF THE BOARD OF TRUSTEES SHALL BE A CHAIR, AND A VICE CHAIR, OR VICE-CHAIRS AND SUCH OTHER OFFICERS AS THE BOARD DEEMS NECESSARY. - THE OFFICERS OF THE COLLEGE SHALL CONSIST OF THE PRESIDENT, CHIEF FINANCIAL OFFICER/TREASURER, THE SECRETARY/CLERK, THE PRESIDENT/EXECUTIVE DIRECTOR OF TBCB, AND SUCH OTHER OFFICERS AS THE BOARD DEEMS NECESSARY. THE PROVISIONS TO AMEND THE ORGANIZATION OR ENABLING DOCUMENT OR BYLAWS, QUORUM/VOTING RIGHTS/VOTING APPROVAL REQUIREMENTS OF THE GOVERNING BODY WERE ALSO REVISED. A COPY OF THE BYLAWS CAN BE PROVIDED UPON REQUEST FOR FURTHER INFORMATION.
FAMILY RELATIONSHIPSFORM 990, PART VI, SECTION A, LINE 2 EMILIO ESTEFAN AND GLORIA ESTEFAN HAVE A FAMILY RELATIONSHIP.
FORM 990 REVIEW PROCESSFORM 990 PART VI LINE 11A THE FORM 990 IS PREPARED AND REVIEWED BY THE CONTROLLER'S DEPARTMENT AND REVIEWED BY THE COLLEGE'S TAX ADVISORS. UPON COMPLETION, THE DRAFT FORM 990 IS DISTRIBUTED TO THE MEMBERS OF THE AUDIT & RISK COMMITTEE FOR THEIR REVIEW AND COMMENTS. ONCE THE DRAFT HAS BEEN REVIEWED BY THE COMMITTEE, THE FINAL FORM 990 IS DISTRIBUTED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS.
CONFLICT OF INTEREST POLICYFORM 990 PART VI LINE 12C THE PURPOSE OF THE CONFLICTS OF INTEREST POLICY IS TO PROTECT THE COLLEGE'S INTEREST WHEN IT IS ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN INTERESTED PERSON. AN INTERESTED PERSON IS DEFINED AS ANY PERSON WHO IS OR WAS DURING THE PREVIOUS FIVE YEARS IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE COLLEGE'S AFFAIRS, INCLUDING ANY TRUSTEE, OFFICER, KEY EMPLOYEE OR MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS (EACH A FIDUCIARY). IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, A FIDUCIARY WILL DISCLOSE ALL MATERIAL FACTS TO THE PRESIDENT OR CHAIR AT THE EARLIEST POSSIBLE TIME AFTER THE CONFLICT OF INTEREST BECOMES KNOWN TO THE FIDUCIARY. ANY CONFLICT WILL BE MADE A MATTER OF RECORD THROUGH ANNUAL OR OTHER REPORTING AND CERTIFICATION PROCEDURE AS THE TRUSTEES REQUIRE FROM TIME TO TIME. AFTER DISCLOSURE OF THE CONFLICT OF INTEREST AND AFTER ANY DISCUSSION WITH THE RELEVANT FIDUCIARY, THE TRUSTEES SHALL FINALLY DETERMINE WHETHER ANY CONFLICT OF INTEREST EXISTS. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST, THE TRUSTEES MAY TAKE ACTIONS AS DEFINED IN THE BYLAWS OF THE COLLEGE.
COMPENSATION POLICYFORM 990 PART VI LINE 15A & 15B THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, SITTING AS THE COMPENSATION COMMITTEE, HAS THE AUTHORITY TO ESTABLISH FAIR AND APPROPRIATE COMPENSATION PACKAGES TO BE AWARDED TO THE PRESIDENT AND OTHER HIGHLY COMPENSATED ADMINISTRATORS OF THE COLLEGE. IN DETERMINING THE EXECUTIVE COMPENSATION PACKAGES, THE EXECUTIVE COMMITTEE CONSIDERS COMPARATIVE DATA, OBTAINED FROM PUBLISHED SOURCES OR A COMPENSATION CONSULTANT, REFLECTING THE COMPENSATION LEVELS AWARDED TO EQUIVALENTLY SITUATED INDIVIDUALS EMPLOYED BY COMPARABLE INSTITUTIONS. THE EXECUTIVE COMMITTEE REPORTS THE PROCESS AND AWARDING OF COMPENSATION PACKAGES TO THE BOARD OF TRUSTEES. WHEN THE COMPENSATION COMMITTEE IS MEETING, THE PRESIDENT DOES NOT PARTICIPATE. THE PROCESS FOR DETERMINING THE COMPENSATION OF BERKLEE COLLEGE OF MUSIC'S TOP MANAGEMENT OFFICIALS, INCLUDING THE PRESIDENT AND OTHER HIGHLY COMPENSATED ADMINISTRATORS OF THE COLLEGE, MEETS THE THREE REQUIREMENTS OF THE REBUTTABLE PRESUMPTION PROVISIONS UNDER TREAS. REG. 53.4958-6.
JOINT VENTURESFORM 990 PART VI LINE 16B BERKLEE COLLEGE OF MUSIC REVIEWS ITS PARTICIPATION IN JOINT VENTURE ARRANGEMENTS TO SAFEGUARD AND PROTECT ITS EXEMPT STATUS AND RETAINS LEGAL AND TAX ADVISORS AS NECESSARY.
PUBLIC DISCLOSUREFORM 990 PART VI LINE 19 THE COLLEGE MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. THE COLLEGE'S FORM 990 IS ALSO AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG AND ON THE MASSACHUSETTS ATTORNEY GENERAL WEBSITE.
OTHER CHANGES IN NET ASSETSFORM 990 PART XI LINE 9 LOSS ON EXTINGUISHMENT OF DEBT (8,220,966) PENSION OBLIGATION CHANGES OTHER THAN NET PERIODIC COSTS 12,404,826 TOTAL 4,183,860

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdLegal Domicile StateLegalDomicileStateCd
BERKLEE VALENCIA SL
AVENIDA PROFESOR LOPEZ PINEROVALENCIAVALENCIASP46013999999999EDUCATIONSPN/AN/ABERKLEE USYes (true)
THE BOSTON CONSERVATORY REALTY CORP
263644206REAL ESTATE501(C)(3)LINE 12A, IBERKLEE USYes (true)8 THE FENWAYBOSTONMA02215MA
THE BOSTON CONSERVATORY IPSWICH REALTY
454795446REAL ESTATE501(C)(3)LINE 12A, IBERKLEE USYes (true)8 THE FENWAYBOSTONMA02215MA

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1Amp UP NYC LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1855 Boylston StreetAddressLine1Txt
CityBostonCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd
FieldValueIRS element (for citing)
EIN463537796EIN
Primary ActivitiesEducationPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Predominant Income TypeRELATEDPredominantIncomeTypeTxt
Share Of Total Income$127,755ShareOfTotalIncomeAmt
Share Of EOY Assets$147,882ShareOfEOYAssetsAmt
Disproportionate AllocationsfalseDisproportionateAllocationsInd
UBI Code V$0UBICodeVAmt
General Or Managing PartnerYes (true)GeneralOrManagingPartnerInd
Ownership0.50000OwnershipPct
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (true)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
BERKLEE VALENCIA SL
d$9,869,704SEE PART VII
BERKLEE VALENCIA SL
r$5,880,299SEE PART VII
AMP UP NYC LLC
r$235,000FMV

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceMETHOD OF DETERMINING AMOUNT INVOLVEDFormAndLineReferenceDesc
ExplanationPART V, LINE 2 THE METHOD FOR DETERMINING THE AMOUNT INVOLVED WAS COST OR CURRENCY CONVERSION.ExplanationTxt