Cleveland Institute of Music

www.cim.edu

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    2024 Undergraduate Tuition
    $50,000
    25% growth from 2023
    2024 Average Net Price
    $29,683
    After Financial Aid
    2024 Acceptance Rate
    47.3%
    427 Applicants
    2024 Enrolled Students
    293
    98.6% Full-Time
    2024 Graduation Rate
    72.1%
    44 Graduates

    About

    Cleveland Institute of Music is a higher education institution located in Cuyahoga County, OH. In 2024, the most popular Bachelors Degree concentrations at Cleveland Institute of Music were General Music Performance (56 degrees awarded).

    In 2024, 129 degrees were awarded across all undergraduate and graduate programs at Cleveland Institute of Music. 54.3% of these degrees were awarded to women, and 45.7% awarded men. The most common race/ethnicity group of degree recipients was white (56 degrees), 3.29 times more than then the next closest race/ethnicity group, asian (17 degrees).

    The median undergraduate tuition at Cleveland Institute of Music is $50,000, which is $35,103 more than the national average for Special Focus Institutions ($14,897).

    Special Focus Four-Year: Arts, Music & Design SchoolsSpecial Focus Institutions

    Costs

    In 2024, the median undergraduate tuition at Cleveland Institute of Music is $50,000, which is $35,103 more than the national average for Special Focus Institutions ($14,897).

    After taking grants and loans into account, the average net price for students is $29,683.

    In 2024, 99% of undergraduate students attending Cleveland Institute of Music received financial aid through grants. Comparatively, 32% of undergraduate students received financial aid through loans.

    Tuition Costs

    $50,000
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at Cleveland Institute of Music was $50,000. The cost of tuition at Cleveland Institute of Music is $35,103 more than than the overall (public and private) national average for Special Focus Institutions ($14,897).

    This chart compares the tuition costs of Cleveland Institute of Music (in red) with those of other similar universities.

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    Average Net Price

    $29,683
    2024 Value
    17.5%
    1 Year Growth

    In 2024 Cleveland Institute of Music had an average net price — the price paid after factoring in grants and loans — of $29,683. Between 2023 and 2024, the average net price of Cleveland Institute of Music grew by 17.5%.

    This chart compares the average net price of Cleveland Institute of Music (in red) with that of other similar universities.

    Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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    Other Student Expenses

    $15,150
    Room and Board
    $1,600
    Books and Supplies

    The average yearly cost of room and board at Cleveland Institute of Music was of $15,150 in 2024. The cost of room and board increased by 23.2% between 2023 and 2024.

    During the same period, the average yearly cost of books and supplies was $1,600. The cost of books and supplies increased by 167% during the same period.

    This chart compares the average student costs at Cleveland Institute of Music (in red) with that of similar universities.

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    Financial Aid by Income Level

    99%
    Undergraduates Receiving Financial Aid through Grants
    32%
    Undergraduates Receiving Financial Aid through Loans

    99% of undergraduate students at Cleveland Institute of Music received financial aid through grants or loans in 2024. This represents a decline of 1% with respect to 2023, when 100% of undergraduate students received financial aid.

    This chart compares the average award discount at Cleveland Institute of Music (in red) with that of other similar universities.

    The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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    Admissions

    Cleveland Institute of Music received 427 undergraduate applications in 2024, which represents a 7.38% annual growth. Out of those 427 applicants, 202 students were accepted for enrollment, representing a 47.3% acceptance rate.

    There were 293 students enrolled at Cleveland Institute of Music in 2024.

    Cleveland Institute of Music has an overall enrollment yield of 14.9%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    47.3%
    Acceptance Rate in 2024
    202
    Accepted Out of 427

    In 2024, the undergraduate acceptance rate of Cleveland Institute of Music was 47.3% (202 admissions from 427 applications). This is higher than the acceptance rate of 2023, which was 38.2%. Between 2023 and 2024, the number of applicants declined by 7.38%, while admissions grew by 14.8%.

    This chart compares the acceptance rate of Cleveland Institute of Music (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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    Enrollment

    Cleveland Institute of Music had a total enrollment of 293 students in 2024. The full-time enrollment at Cleveland Institute of Music is 289 students and the part-time enrollment is 4. This means that 98.6% of students enrolled at Cleveland Institute of Music are enrolled full-time.

    The enrolled student population at Cleveland Institute of Music, both undergraduate and graduate, is 39.9% White, 13% Asian, 4.44% Hispanic or Latino, 3.07% Two or More Races, 2.73% Black or African American, 1.02% American Indian or Alaska Native, and 0.341% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at Cleveland Institute of Music in full-time Undergraduate programs are most commonly White Male (23.2%), followed by White Female (21.8%) and Asian Female (10.2%). Students enrolled in full-time Graduate programs are most commonly White Female (19.3%), followed by White Male (18.2%) and Asian Male (5.96%).

    Full-Time vs Part-Time Enrollment

    98.6%
    Full-Time Enrollment

    The total enrollment at Cleveland Institute of Music in 2024, both undergraduate and graduate, is 293 students. The full-time enrollment at Cleveland Institute of Music is 289 and the part-time enrollment is 4. This means that 98.6% of students enrolled at Cleveland Institute of Music are enrolled full-time compared with 74.1% at similar Special Focus Institutions.

    This chart shows the full-time vs part-time enrollment status at Cleveland Institute of Music (in red) compares to similar universities.

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    Retention Rate over Time

    90%
    2024 Retention Rate

    Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Cleveland Institute of Music was 90%. Compared with the full-time retention rate at similar Special Focus Institutions (76%), Cleveland Institute of Music had a retention rate higher than its peers.

    This chart shows the retention rate over time at Cleveland Institute of Music (highlighted in red) compares to similar universities.

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      117 enrolled students
    2. Asian
      38 enrolled students
    3. Hispanic or Latino
      13 enrolled students

    The enrolled student population at Cleveland Institute of Music is 39.9% White, 13% Asian, 4.44% Hispanic or Latino, 3.07% Two or More Races, 2.73% Black or African American, 1.02% American Indian or Alaska Native, and 0.341% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 39.9% White, 19.4% Hispanic or Latino, and 17% Black or African American.

    Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 3 students (1.02%) did not report their race.

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    Graduates

    In 2024, 11 more women than men received degrees from Cleveland Institute of Music. The most common race/ethnicity group of degree recipients at Cleveland Institute of Music is white (56 degrees awarded). There were 3.29 times more white recipients than the next closest race/ethnicity group, asian (17 degrees).

    The most common Bachelor's Degree concentration at Cleveland Institute of Music is General Music Performance (56 degrees awarded).

    In 2024,  the most specialized majors across all degree types at Cleveland Institute of Music, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (129 degrees awarded).

    Common Jobs by Major

    Graphic designers
    Most Common Job

    The most common jobs for people who hold a degree in one of the 5 most specialized majors at Cleveland Institute of Music are Graphic designers (94,402 people), Other managers (83,955 people), Elementary & middle school teachers (78,489 people), Other designers (59,536 people), and Postsecondary teachers (56,068 people).

    The most specialized majors at Cleveland Institute of Music in 2024 are Visual & Performing Arts (129 degrees awarded) (as of 2024).

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    Highest Paying Jobs by Major

    Surgeons
    Highest Paying Job

    The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Cleveland Institute of Music are Surgeons, Physicians, Crossing guards, Dentists, and Economists

    The most specialized majors at Cleveland Institute of Music are Visual & Performing Arts (129 degrees awarded) (as of 2024).

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    Common Industries by Major

    Elementary & secondary schools
    Most Common Industry

    The most common industries for people who hold a degree in one of the 5 most specialized majors at Cleveland Institute of Music are Elementary & secondary schools (185,954 people), Colleges, universities & professional schools, including junior colleges (130,506 people), Computer Systems Design (84,660 people), Specialized design services (58,910 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (52,514 people).

    The most specialized majors at Cleveland Institute of Music are Visual & Performing Arts (129 degrees awarded) (as of 2024).

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    Sex Breakdown for Common Majors

    59
    Degrees Awarded to Men
    in 2024
    70
    Degrees Awarded to Women
    in 2024

    In 2024, 59 degrees were awarded to men at Cleveland Institute of Music, which is 0.843 times less than the number of degrees awarded to females (70).

    This chart displays the sex disparity between the top 5 majors at Cleveland Institute of Music by degrees awarded.

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    Most Common Male Majors

    In 2024, 59 degrees were awarded to men at Cleveland Institute of Music in General Music Performance, which is 0.843 times less than the 70 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 70 degrees were awarded to men at Cleveland Institute of Music in General Music Performance, which is 1.19 times more than the 59 male recipients with that same degree.

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    Time to Complete

    71%
    100% Completion Time
    83%
    150% Completion Time

    In 2024, 71% of students graduating from Cleveland Institute of Music completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 83% completed their degrees within 150% of the normal time, and 85% within 200%.

    The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

    Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      56 degrees awarded
    2. Asian
      17 degrees awarded
    3. Two or More Races
      6 degrees awarded

    The most common race/ethnicity at Cleveland Institute of Music is white (56 degrees awarded). There were 3.29 times more white recipients than the next closest race/ethnicity group, asian (17 degrees).

    1.55% of degree recipients (2 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      47 degrees awarded
    2. White Male
      35 degrees awarded
    3. White Male
      34 degrees awarded

    The most common race/ethnicity and sex grouping at Cleveland Institute of Music is white female (47 degrees awarded). There were 1.34 times more white female recipients than the next closest race/ethnicity group, white male (35 degrees).

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    Operations

    Cleveland Institute of Music has an endowment valued at nearly $58.3M, as of the end of the 2024 fiscal year. The return on its endowment was of 8.79M (15.1%) compared to the 2.96% average return (416k on 14.1M) across all Special Focus Institutions.

    In 2024, Cleveland Institute of Music had a total salary expenditure of 22M. Cleveland Institute of Music employs 40 No academic ranks. Most academics at Cleveland Institute of Music are Female No academic rank (21), and Male No academic rank (19).

    The most common positions for non-instructional staff at Cleveland Institute of Music are: Management, with 18 employees, Service, with 9 employees, and Office and Administrative Support with 8 employees.

    Endowment

    $58.3M
    2024 Endowment
    14.6%
    growth from 2023

    Cleveland Institute of Music has an endowment valued at about $58.3M, as of the end of the 2024 fiscal year. The endowment of Cleveland Institute of Music grew 14.6% from the previous year. The value of their endowment was $44.2M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

    This line chart shows how the endowment at Cleveland Institute of Music (in red) compares to that of some similar universities.

    The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Arts, Music & Design Schools Carnegie Classification grouping.

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    Salary Expenditure

    $10.6M
    2024 Salaries
    3.02%
    decline from 2023

    In 2024, Cleveland Institute of Music paid a median of $10.6M in salaries, which represents 48% of their overall expenditure ($22M) and a 3.02% decline from the previous year. This is compared to a 3.14% growth between 2022 and 2023, and a 6.52% growth between 2021 and 2022.

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    Instructional Salaries

    $3.03M
    Instructional Salaries
    40
    Number of Employees

    In 2024, Cleveland Institute of Music paid a total of $3.03M to 40 employees working as instructors, which represents 28.7% of all salaries paid.

    This is compared to a median of $213k (6.38%) for similar Special Focus Institutions.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at Cleveland Institute of Music were Management with 18 employees, Service with 9 employees, and Office and Administrative Support with 8 employees.

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