Berklee College Of Music Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 220,764,689 | 199,668,074 | 21,096,615 | 10.0 | 39% |
| 2012 | 227,187,699 | 207,604,880 | 19,582,819 | 8.5 | 40% |
| 2013 | 225,957,446 | 214,079,368 | 11,878,078 | 11.3 | 41% |
| 2014 | 252,941,216 | 225,636,801 | 27,304,415 | 13.2 | 40% |
| 2015 | 259,550,477 | 246,924,942 | 12,625,535 | 12.8 | 39% |
| 2016 | 276,118,541 | 255,926,122 | 20,192,419 | 12.0 | 40% |
| 2017 | 389,732,730 | 306,314,468 | 83,418,262 | 14.2 | 39% |
| 2018 | 328,082,314 | 322,443,335 | 5,638,979 | 14.8 | 39% |
| 2019 | 351,171,568 | 327,811,972 | 23,359,596 | 14.7 | 39% |
| 2020 | 368,578,114 | 341,497,647 | 27,080,467 | 12.2 | 41% |
| 2021 | 313,496,483 | 321,040,250 | −7,543,767 | 18.0 | 38% |
| 2022 | 384,612,408 | 379,163,719 | 5,448,689 | 14.8 | 39% |
| 2023 | 422,055,763 | 406,064,459 | 15,991,304 | 14.5 | 41% |
In its most recent public year (2023), this organization brought in $15,991,304 more than it spent. Its reserves stood at about 14.5 months of spending, up from 10 in 2011. Staff pay was 41% of spending. $138,482,755 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
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