Vermont Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,111,363 | 11,629,369 | 481,994 | 16.9 | 36% |
| 2012 | 12,355,032 | 11,979,606 | 375,426 | 16.6 | 37% |
| 2013 | 11,786,915 | 12,611,178 | −824,263 | 16.2 | 36% |
| 2014 | 14,914,070 | 13,205,987 | 1,708,083 | 17.6 | 37% |
| 2015 | 13,786,020 | 13,845,671 | −59,651 | 18.6 | 37% |
| 2016 | 13,605,127 | 14,619,870 | −1,014,743 | 17.4 | 38% |
| 2017 | 14,085,957 | 13,885,479 | 200,478 | 19.4 | 38% |
| 2018 | 15,504,478 | 13,876,176 | 1,628,302 | 20.5 | 37% |
| 2019 | 13,540,453 | 13,961,956 | −421,503 | 20.5 | 35% |
| 2020 | 11,231,817 | 12,531,535 | −1,299,718 | 21.7 | 33% |
| 2021 | 12,078,437 | 10,799,242 | 1,279,195 | 26.6 | 8% |
| 2022 | 10,107,402 | 15,080,382 | −4,972,980 | 15.1 | 26% |
| 2023 | 15,106,285 | 16,099,474 | −993,189 | 13.4 | 32% |
In its most recent public year (2023), this organization spent $993,189 more than it brought in. Its reserves stood at about 13.4 months of spending, down from 16.9 in 2011. Staff pay was 32% of spending. $17,403,998 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Vermont Academy's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works