Institute of Musical Art

NEW YORK, NY EIN: 13-6162648

THE MISSION OF THE INSTITUTE OF MUSICAL ART (IMA) IS SUPPORT OF THE JUILLIARD SCHOOL (JUILLIARD), A 501(C)(3) EXEMPT ORGANIZATION THROUGH ANNUAL DISTRIBUTIONS FROM THE IMA'S ENDOWMENT FUNDS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.8M

+3.7% YoY

Annual Giving

$639K

+3.4% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$639K

+3.4% YoY

About Institute of Musical Art

Based on IRS filings

Institute of Musical Art is a nonprofit organization focused on Arts, Culture & Humanities, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $12.8M in total assets. In 2024, it awarded 1 grants totaling $639K.

Ready to take the next step with Institute of Musical Art?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

New York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$176K$352K$527K$703K2021202220232024
Metric202420232022
Total Assets$12,805,697$12,345,130$12,555,370
Revenue
Expenses$639,283$618,517$577,228
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$160K$320K$479K$639K1 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

THE JUILLIARD SCHOOL$639K

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K$100–250K$250–500K4$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Juilliard School ($639,283).

RecipientPurposeAmount
THE JUILLIARD SCHOOL NEW YORK, NYSUPPORT OF JUILLIARD$639,283

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOSEPH POLISITRUSTEE1
CHRISTINE TODDTREASURER1
BRUCE KOVNERPRESIDENT1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Institute of Musical Art?

Institute of Musical Art is a nonprofit organization focused on Arts, Culture & Humanities, based in NEW YORK, NY. It holds $12.8M in total assets as of 2024.

How large is Institute of Musical Art?

As of 2024, Institute of Musical Art holds $12.8M in total assets. It awarded 1 grants totaling $639K in 2024.

Where does Institute of Musical Art operate?

Institute of Musical Art has awarded grants in New York.

What size grants does Institute of Musical Art award?

In 2024, Institute of Musical Art awarded 1 grants totaling $639K — an average of about $639K per grant, based on its IRS Form 990 filings.

What is Institute of Musical Art's EIN?

Institute of Musical Art's EIN (Employer Identification Number) is 13-6162648. IRS Form 990 filing data is available on this page for 2021–2024.

Explore Open Grants

Browse active grant opportunities in Institute of Musical Art's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Institute of Musical Art on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities