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Organization DBA The Boston Conservatory
Former Names Boston Conservatory of Music (1982)
Organization received a competitive grant from the Boston Foundation in the past five years No



Mission StatementMORE »

We prepare and inspire our students to perform at the highest level in their art and in their lives. We foster their creativity and give them courage. We teach them the skills that will lead to professional and personal fulfillment.

Mission Statement

We prepare and inspire our students to perform at the highest level in their art and in their lives. We foster their creativity and give them courage. We teach them the skills that will lead to professional and personal fulfillment.

FinancialsMORE »

Fiscal Year July 01, 2014 to June 30, 2015
Projected Income $27,045,906.00
Projected Expense $27,906,957.00

ProgramsMORE »

  • Academic and Extension Programs

Revenue vs. Expense ($000s)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Mission Statement

We prepare and inspire our students to perform at the highest level in their art and in their lives. We foster their creativity and give them courage. We teach them the skills that will lead to professional and personal fulfillment.

Background Statement

The Boston Conservatory (TBC) was founded in 1867 by Julius Eichberg to serve as both a professional training academy and a community music school.  Eichberg, a gifted violinist and composer, brought with him the spirit and musical practices flourishing in the great conservatories of Brussels, Paris, Prague, London, and Vienna—but with a difference.  From the very start, TBC broke new ground by opening its doors to women and African Americans, people with few professional opportunities in classical music at the time. Today, The Boston Conservatory is an independent private college with fully accredited programs in music, dance, and theater.  Known for its intimate and supportive multi-disciplinary environment, the school currently enrolls 730 talented students from every region of the United States and 30 foreign countries and employs 185 full-time staff and faculty members.  Approximately 20% of the student body comes from the six New England states.  More than two-thirds (67%) of students receive institutional grants and/or scholarship aid.  TBC presents over 600 free and low-cost performances each year by students, faculty, and distinguished guest artists.  Annual attendance at TBC performances exceeds 40,000.  The Boston Conservatory is also committed to sharing the talent of its students with a variety of audiences who are unable to attend traditional performances. Each year, through the "Conservatory Connections" program, TBC provides approximately 100 high-quality student performances to 6,000 children and adults at various community organizations including: Children's Hospital, Dana Farber Cancer Center, Massachusetts General Hospital, YMCA, Boston Public Library, LGBT Aging Project at ETHOS Lunch Group, Goddard House, Morville House, the Alzheimer's Center at Rogerson House, Rosie's Place, Susan Bailis Assisted Living Center, United South End Settlements, Women's Lunch Place, and many Boston public schools.

Impact Statement

Accomplishments in FY15 include: (1) opening a three-story teaching and performance facility at 132 Ipswich Street, with exciting new visibility for those who travel the Massachusetts Turnpike or visit Fenway Park; (2) appointment of Dr. Joe Bennett, a music journalist, founder/director of the UK Songwriting Festival, performer, composer, expert witness on music intellectual property rights (forensic musicology), and Dean of the School of Music and Performing Arts at Bath Spa University, UK, as the Conservatory's new VP of Academic Affairs; (3) $465,000 gift for the Program for Students on the Autism Spectrum; (4) presentation of a 2015 Commonwealth Award from the MA Cultural Council for Access to the Arts; and (5) partnership with WCRB (99.5 FM) to produce a new sonic logo for the WGBH classical music station.  Goals for FY16 include: (1) complete $7 million campaign for capital initiative; (2) raise $2 million for endowment and $1+ million for annual fund; (3) launch new BFA programs in Contemporary Theater and Multidisciplinary Stage Management, and first-of-its-kind Music Program for Young Children on the Autism Spectrum; (4) launch new MM program in Contemporary Music Performance; and (5) complete preparations for 150th Anniversary of the Boston Conservatory in 2017.

Needs Statement

The Boston Conservatory's most pressing needs include: (1) securing capital support and completing a $7 million capital campaign to address critical space needs; (2) recruiting dynamic and diverse Trustees and Overseers with an interest in the arts and education; (3) strengthening endowment in anticipation of the school's 150th anniversary in 2017; (4) increasing scholarship and financial aid for dance, theater, and music students; and (5) develop new strategies for enhanced use of technology in teaching and learning.

CEO Statement

"Education is the single most important responsibility we have, not just for the preservation of the performing arts, or even for the preservation of democracy, but for releasing the human spirit.”
- President Richard Ortner, The Boston Conservatory 

Board Chair Statement


Geographic Area Served


The Boston Conservatory is a vibrant artistic community with approximately 730 students from every region of the U.S. and 30 foreign countries.  Approximately 20% of students come from the six New England states.

Organization Categories

  1. Education - Higher Education
  2. Arts,Culture & Humanities - Performing Arts
  3. Youth Development - Youth Development Programs

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

Under Development


Academic and Extension Programs

The Boston Conservatory awards Bachelor of Music, Bachelor of Fine Arts, Master of Music and Master of Music Education degrees, as well as the Graduate Performance Diploma, Professional Studies Certificate, and the Artist Diploma. The college also offers a series of extension programs, including:  high school and collegiate intensives, professional development workshops, Music and English Intensive Program, and youth and adult enrichment programs.
Budget  --
Category  Arts, Culture & Humanities, General/Other
Population Served International US General/Unspecified
Program Short-Term Success 
229 graduates in the Class of 2015.
Program Long-Term Success 
Our program results in well-trained professionals in the performing arts and arts education fields, and widespread access to high quality performances and programs for local and regional audiences.
Program Success Monitored By  Our program success is measured by success of our graduates.  Ten alumni are profiles on our website:
Examples of Program Success  Mihail Jojatu (G.P.D., '99, cello) is fourth chair of the Boston Symphony Orchestra and founding member of the Boston Cello Quartet.  Alysha Umphress (B.F.A.. '04, musical theater) played the role of Hildy in the 2014 Broadway revival of "On The  Town."  Javier Caballero (G.P.D., '08, cello) was appointed Artistic Director of Project STEP (String Education and Training Program) in 2015. Cynthia King (B.F.A., '77, dance) founded a dance studio in Brooklyn, NY and is the only U.S.-based producer of vegan ballet slippers.  Erin Davie (B.F.A, '00, musical theater) played a leading role in the 2014 Broadway production of "Side Show."  

CEO/Executive Director/Board Comments



CEO/Executive Director Mr. Richard Ortner
CEO Term Start July 1998
CEO Email [email protected]
CEO Experience President of The Boston Conservatory since 1997, Richard Ortner has shared his lifelong passion for music and the performing arts with the most renowned senior professionals of our age, the best and brightest young artists and students, and the widest possible audiences. Mr. Ortner's early piano studies were reinforced by a strong public school music program. He studied architecture at Cooper Union and piano at Juilliard, received a B.A. in Music from NYU, worked at Carnegie Hall, and, prior to his work at the Conservatory, spent 23 years at the Tanglewood Music Center as an administrator for the Boston Symphony Orchestra. Mr. Ortner was instrumental in the expansion of the Tanglewood campus and participated in the design and construction of the award-winning Ozawa Hall at Tanglewood.
Co-CEO --
Co-CEO Term Start --
Co-CEO Email --
Co-CEO Experience --

Former CEOs and Terms

Name Start End
William A. Seymour July 1981 June 1999

Senior Staff

Name Title Experience/Biography
Joe Bennett VP of Academic Affairs --
Leslie Jacobson Kaye VP of Institutional Advancement --
Eric Norman VP of Finance and Planning --
Terry Whittum VP of Enrollment Mgmt & Student Affairs --


Award Awarding Organization Year
-- -- --


Affiliation Year
AFP (Association of Fundraising Professionals) --
Council for Advancement and Support Education (CASE) --
Major Orchestral Librarian's Association --
Music Library Association --
National Alliance for Musical Theatres - Voting Member --
National Association for Music Education --
National Association for Schools of Music --
New England Association of Schools and Colleges (NEASC) --
Pro Arts Consortium --
Member of state association of nonprofits? No
Name of state association --

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --



CEO/Executive Director/Board Comments


Foundation Comments


Staff Information

Number of Full Time Staff 63
Number of Part Time Staff 4
Number of Volunteers 50
Number of Contract Staff 0
Staff Retention Rate % --

Staff Demographics

Ethnicity African American/Black: --
Asian American/Pacific Islander: --
Caucasian: --
Hispanic/Latino: --
Native American/American Indian: --
Other: --
Other (if specified): N/A
Gender Female: --
Male: --
Not Specified --

Plans & Policies

Organization has Fundraising Plan? Under Development
Organization has Strategic Plan? Under Development
Years Strategic Plan Considers N/A
Management Succession Plan No
Business Continuity of Operations Plan --
Organization Policies And Procedures No
Nondiscrimination Policy Under Development
Whistle Blower Policy No
Document Destruction Policy No
Directors and Officers Insurance Policy No
State Charitable Solicitations Permit Yes
State Registration --

Risk Management Provisions


Reporting and Evaluations

Management Reports to Board? N/A
CEO Formal Evaluation and Frequency Yes Annually
Senior Management Formal Evaluation and Frequency Yes Annually
Non Management Formal Evaluation and Frequency Yes Annually


Board Chair Mr. David Scott Sloan
Board Chair Company Affiliation Chair, Private Wealth Services, Holland & Knight LLP
Board Chair Term May 2015 - May 2016
Board Co-Chair Ms. Laura D. Kunkemueller
Board Co-Chair Company Affiliation Principal, Mercer (US), Inc.
Board Co-Chair Term May 2015 - May 2016

Board Members

Name Company Affiliations Status
Elizabeth S. Boveroux Vice President (ret.), Eaton Vance Management Voting
Gregory E. Bulger Trustee, Gregory E. Bulger Foundation Voting
Davi-Ellen Chabner Author, The Language of Medicine Voting
Cynthia K. Curme Trustee, Boston Symphony Orchestra Voting
JoAnne W. Dickinson Esq. Member, Reinvestment Group, Dickinson Properties Voting
Diana Dohrmann '71 Music Faculty, Burlington (NJ) County College Voting
Gail S. Flatto Boston Neighborhood Network Television Voting
Mimi Hewlett Chair Emerita, Pathfinders International Voting
Alfred D. Houston Chairman (retired), National Grid USA Voting
Teresa Koster Division President, Gallagher Student Health & Special Risk Voting
B.J. Krintzman Esq. The Law Offices of B. J. Krintzman Voting
Laura D. Kunkemueller Principal, MERCER Voting
Kelly C. McKernan V.P./Portfolio Manager, Boston Private Bank & Trust Voting
Lyle J. Micheli M.D. Director, Sports Medicine, Boston Children’s Hospital Voting
Frederick T. Miller President, The Chatham Group Voting
Charlotte Prescott Newton community volunteer Voting
Richard Ortner President, The Boston Conservatory Voting
Anthony Pangaro Principal, Millennium Partners—Boston Voting
Christopher D. Perry Senior Fiduciary Officer, Northern Trust Bank Voting
Suzanne Rollert Owner, CAREERS-MA by Design, LLC --
Darius Sidebotham Financial Advisor/V.P., Bernstein Global Wealth Mgmt. Voting
David Scott Sloan Partner, Holland & Knight LLP Voting
Peter J. Wender Principal Developmental Scientist, Draper Laboratory Voting
George C. White Founder/President Emeritus, Eugene O’Neill Theater Center Voting
Marillyn Zacharis Board Member, Ploughshares Literary Magazine, Emerson College and Tower Hill Botanic Garden Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Advisory Board Members

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 0
Caucasian: 25
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): 0
Gender Female: 14
Male: 11
Not Specified 0

Board Information

Board Term Lengths 3
Board Term Limits 0
Board Meeting Attendance % --
Written Board Selection Criteria Yes
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 100%
Percentage of In-Kind Contributions 100%
Constituency Includes Client Representation Yes

Standing Committees

  • Academic Affairs
  • Alumni Affairs
  • Audit
  • Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
  • Finance
  • Investment
  • Student Affairs
  • Trusteeship

CEO/Executive Director/Board Comments


Foundation Comments



Revenue vs. Expense ($000s)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

Fiscal Year July 01, 2014 to June 30, 2015
Projected Income $27,045,906.00
Projected Expense $27,906,957.00
Form 990s

2014 Form 990

2013 Form 990

2012 Form 990

2011 Form 990

2010 Form 990

2009 Form 990

2008 Form 990

Audit Documents

2014 Audited Financials

2013 Audited Financials

2012 Audited Financials

2011 Audited Financials

2010 Audited Financials

2009 Audited Financials

IRS Letter of Exemption

IRS Letter of Determination

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2014 2013 2012
Total Revenue $40,229,865 $36,669,974 $32,751,046
Total Expenses $34,862,158 $32,464,183 $31,057,347

Prior Three Years Revenue Sources

Fiscal Year 2014 2013 2012
Foundation and
Corporation Contributions
-- -- --
Government Contributions $0 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified -- -- --
Individual Contributions $3,145,699 $2,521,628 $882,390
Indirect Public Support -- -- --
Earned Revenue $35,790,627 $33,207,075 $30,943,409
Investment Income, Net of Losses $1,029,413 $753,917 $249,170
Membership Dues -- -- --
Special Events $264,126 $183,974 $199,265
Revenue In-Kind -- -- --
Other -- $3,380 $476,812

Prior Three Years Expense Allocations

Fiscal Year 2014 2013 2012
Program Expense $28,014,620 $26,780,339 $27,130,167
Administration Expense $5,694,287 $4,756,208 $3,220,261
Fundraising Expense $1,153,251 $927,636 $706,919
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 1.15 1.13 1.05
Program Expense/Total Expenses 80% 82% 87%
Fundraising Expense/Contributed Revenue 34% 34% 65%

Prior Three Years Assets and Liabilities

Fiscal Year 2014 2013 2012
Total Assets $71,334,555 $54,997,089 $51,562,021
Current Assets $9,520,280 $4,755,317 $5,564,708
Long-Term Liabilities $29,659,715 $20,550,718 $20,605,176
Current Liabilities $5,185,381 $3,120,227 $4,090,551
Total Net Assets $36,489,459 $31,326,144 $26,866,294

Prior Three Years Top Three Funding Sources

Fiscal Year 2014 2013 2012
1st (Source and Amount) -- --
-- --
-- --
2nd (Source and Amount) -- --
-- --
-- --
3rd (Source and Amount) -- --
-- --
-- --

Financial Planning

Endowment Value $14,501,928.00
Spending Policy Percentage
Percentage(If selected) 3.0%
Credit Line Yes
Reserve Fund Yes
How many months does reserve cover? 4.00

Capital Campaign

Are you currently in a Capital Campaign? Yes
Capital Campaign Purpose We are near completion of a capital campaign, which is part of a larger 150th anniversary campaign
Campaign Goal $7,000,000.00
Capital Campaign Dates Jan 2012 - Dec 2015
Capital Campaign Raised-to-Date Amount $6,478,196.00
Capital Campaign Anticipated in Next 5 Years? Yes

Short Term Solvency

Fiscal Year 2014 2013 2012
Current Ratio: Current Assets/Current Liabilities 1.84 1.52 1.36

Long Term Solvency

Fiscal Year 2014 2013 2012
Long-term Liabilities/Total Assets 42% 37% 40%

CEO/Executive Director/Board Comments


Foundation Comments

Financial summary data in the charts and graphs above are per the organization's IRS Form 990s.  Contributions from foundations and corporations are listed under individuals when the breakout was not available.


Other Documents

No Other Documents currently available.


The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.

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5. What have and haven’t you accomplished so far?