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EIN04-2300472

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Berklee College of Music Inc.

Updated October 30, 2026. Based on Internal Revenue Service records. Published by Humblebee.

Exempt under
501(c)(3)[1]
IRS ruling date
January 1967[2]
Publication 78 data
Listed (PC)[3]
Total revenue, period ending May 2025
$460,330,866[4]

Berklee College of Music Inc. is listed in IRS records in Boston, Massachusetts, as exempt under section 501(c)(3)[5][1]. The IRS master file lists total revenue of $460,330,866 for the tax period ending May 2025[4].

IRS status

The IRS lists Berklee College of Music Inc. as exempt under section 501(c)(3), classification: Educational Organization[1]. Its IRS foundation code is 11, described as School 170(b)(1)(A)(ii)[6]. It appears in Publication 78 data with status code PC, a public charity[3]. The IRS master file gives a ruling date of January 1967[2].

Item IRS record
EIN[5] 04-2300472
Location in IRS records[5] Boston, Massachusetts
Exempt under[1] Section 501(c)(3)
IRS classification[1] Educational Organization
Ruling date[2] January 1967
Foundation code[6] 11: School 170(b)(1)(A)(ii)
Deductibility code[7] 1: Contributions are deductible
Publication 78 data[3] Listed, status PC
NTEE code[8] B420: Education, Undergraduate College (4-year)
Filing requirement[9] 990 (all other) or 990EZ return
Fiscal year ends[10] May
Latest e-filed return[11] Form 990, tax period ending May 2025

Finances as reported to the IRS

The organization reported total revenue of $422,055,763 on its Form 990 for the tax period ending May 2023[12]. That included program service revenue of $387,846,261 and contributions, gifts and grants of $16,888,901[13]. Total expenses on that return were $406,064,459 and net assets at year end were $492,249,231[12]. Total revenue on its Form 990 was $313,496,483 for the tax period ending May 2021[14] and $384,612,408 for the tax period ending May 2022[15]. Both figures are lower than the May 2023 figure.

IRS master file, newer period. For the most recent return in the IRS master file, for the tax period ending May 2025, the IRS lists total revenue of $460,330,866 and total assets of $988,069,581.[4]

May 2021: total revenue $313.5M$313.5MMay 2021: total expenses $321.0M$321.0MMay 2021May 2022: total revenue $384.6M$384.6MMay 2022: total expenses $379.2M$379.2MMay 2022May 2023: total revenue $422.1M$422.1MMay 2023: total expenses $406.1M$406.1MMay 2023
  • Total revenue
  • Total expenses
Amounts as reported on each return, rounded in the chart. Exact figures are in the table below[12].
Tax period ending Form Total revenue Total expenses Net assets at year end
May 2021[14]Form 990$313,496,483$321,040,250$482,621,774
May 2022[15]Form 990$384,612,408$379,163,719$468,036,700
May 2023[12]Form 990$422,055,763$406,064,459$492,249,231

Totals as reported on each return. The IRS publishes these extracts one to two years after filing.

Balance sheet, tax period ending May 2023

Line Amount
Total assets[16] $863,247,556
Total liabilities[16] $370,998,325
Net assets or fund balances[16] $492,249,231

Employees. Berklee College of Music Inc. reported 4,633 employees on Form W-3 for calendar year ending with or within the tax period ending May 2023 (Form 990, Part V, line 2a).[17]

Compensation over $100,000. On the Form 990 for the tax period ending May 2023, Berklee College of Music Inc. reported 455 individuals who received more than $100,000 of reportable compensation from the organization (Part VII, line 2).[18]

Form 990 checklist. In the Form 990 checklist (Part IV) for the tax period ending May 2023, Berklee College of Music Inc. answered yes to: it operated a school; it had an office outside the United States.[19]

Questions people ask

What is the EIN of Berklee College of Music Inc.?
The IRS master file lists its employer identification number (EIN) as 04-2300472[5].
Is Berklee College of Music Inc. a 501(c)(3) organization?
Yes, the IRS lists it as exempt under section 501(c)(3), classification: Educational Organization[1].
Are contributions to Berklee College of Music Inc. tax-deductible?
The IRS deductibility code for it is 1: Contributions are deductible[7]. It appears in Publication 78 data with status code PC[3].
Where is Berklee College of Music Inc. located?
The IRS master file lists it in Boston, Massachusetts[5].
What revenue did Berklee College of Music Inc. report?
On its Form 990 for the tax period ending May 2023 it reported total revenue of $422,055,763[12]. The IRS master file lists $460,330,866 for the tax period ending May 2025[4].

Facts and sources

  1. The IRS lists Berklee College of Music Inc. as exempt under section 501(c)(3) of the Internal Revenue Code, classification: Educational Organization. IRS EO Business Master File
  2. The ruling date in the IRS master file (the month and year of the IRS letter recognizing the exemption) is January 1967. IRS EO Business Master File
  3. Berklee College of Music Inc. (EIN 04-2300472) appears in the IRS Publication 78 data, the list of organizations eligible to receive tax-deductible charitable contributions, with status code PC (A public charity, deductibility limitation 50% (60% for cash contributions)). IRS Tax Exempt Organization Search data
  4. For the most recent return in the IRS master file, for the tax period ending May 2025, the IRS lists total revenue of $460,330,866 and total assets of $988,069,581. IRS EO Business Master File
  5. The IRS Exempt Organizations Business Master File lists Berklee College of Music Inc. with employer identification number (EIN) 04-2300472, located in Boston, Massachusetts. IRS EO Business Master File
  6. IRS foundation code 11 for Berklee College of Music Inc.: School 170(b)(1)(A)(ii). IRS EO Business Master File
  7. IRS deductibility code 1 for Berklee College of Music Inc.: Contributions are deductible. IRS EO Business Master File
  8. The IRS master file assigns Berklee College of Music Inc. the National Taxonomy of Exempt Entities (NTEE) code B420: Education, Undergraduate College (4-year). IRS EO Business Master File
  9. IRS filing requirement code 01 for Berklee College of Music Inc.: 990 (all other) or 990EZ return. IRS EO Business Master File
  10. Berklee College of Music Inc.'s accounting period (fiscal year) ends in May, according to the IRS master file. IRS EO Business Master File
  11. The IRS Form 990 series e-file data released in 2026 includes a Form 990 from Berklee College of Music Inc. for the tax period ending May 2025. IRS Form 990 e-file data
  12. On its Form 990 for the tax period ending May 2023, Berklee College of Music Inc. reported total revenue $422,055,763, total expenses $406,064,459, net assets or fund balances at year end $492,249,231. IRS SOI Form 990 extracts
  13. Revenue lines on the Form 990 for the tax period ending May 2023: contributions, gifts and grants $16,888,901 (Part VIII, line 1h); program service revenue $387,846,261 (Part VIII, line 2g); investment income $1,025,748 (Part VIII, line 3); total revenue $422,055,763 (Part VIII, line 12). IRS SOI Form 990 extracts
  14. On its Form 990 for the tax period ending May 2021, Berklee College of Music Inc. reported total revenue $313,496,483, total expenses $321,040,250, net assets or fund balances at year end $482,621,774. IRS SOI Form 990 extracts
  15. On its Form 990 for the tax period ending May 2022, Berklee College of Music Inc. reported total revenue $384,612,408, total expenses $379,163,719, net assets or fund balances at year end $468,036,700. IRS SOI Form 990 extracts
  16. Balance sheet at the end of the tax period ending May 2023 (Form 990, Part X): total assets $863,247,556, total liabilities $370,998,325, net assets or fund balances $492,249,231. IRS SOI Form 990 extracts
  17. Berklee College of Music Inc. reported 4,633 employees on Form W-3 for calendar year ending with or within the tax period ending May 2023 (Form 990, Part V, line 2a). IRS SOI Form 990 extracts
  18. On the Form 990 for the tax period ending May 2023, Berklee College of Music Inc. reported 455 individuals who received more than $100,000 of reportable compensation from the organization (Part VII, line 2). IRS SOI Form 990 extracts
  19. In the Form 990 checklist (Part IV) for the tax period ending May 2023, Berklee College of Music Inc. answered yes to: it operated a school; it had an office outside the United States. IRS SOI Form 990 extracts

All figures are as the organization reported them to the IRS for the stated tax period. Say the tax period with every figure. Finance figures come from the IRS SOI annual extracts, which lag filing by one to two years. The IRS master file can list a newer period: keep the two apart and name each period. To see an organization's own filings, use the IRS Tax Exempt Organization Search.