Peabody chartered the Epsilon Omicron chapter of Pi Kappa Lambda in 1988. Pi Kappa Lambda is a national honorary society for outstanding juniors, seniors, and graduate students, who are elected annually by the faculty according to the by-laws registered with the Association of College Honor Societies.
Peabody also sponsors membership in NAfME (National Association for Music Education), a national professional organization of music teachers whose membership includes elementary and secondary school music teachers as well as those involved in teacher education at colleges and universities throughout the country. Membership is open to all music education majors.
Peabody has institutional memberships in the following associations:
- The National Dance Education Organization,
- The Maryland Council for Dance
- The American College Dance Association (ACDA) in the Mid-Atlantic North Region.
Each of these associations host meetings and festivals in which students have the opportunity to take master classes, perform, adjudicate work, and network.