Berkshire Hills Music Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,552,678 | 1,508,698 | 43,980 | 46.6 | 59% |
| 2012 | 2,201,402 | 1,585,094 | 616,308 | 49.0 | 61% |
| 2013 | 1,974,014 | 2,024,147 | −50,133 | 38.1 | 62% |
| 2014 | 2,510,301 | 2,362,685 | 147,616 | 33.4 | 64% |
| 2015 | 2,636,598 | 2,533,594 | 103,004 | 31.4 | 62% |
| 2016 | 4,062,234 | 2,707,674 | 1,354,560 | 34.5 | 67% |
| 2017 | 3,554,786 | 3,136,610 | 418,176 | 31.5 | 65% |
| 2018 | 3,750,401 | 3,614,945 | 135,456 | 27.9 | 64% |
| 2019 | 3,667,942 | 3,983,229 | −315,287 | 24.5 | 64% |
| 2020 | 3,981,884 | 4,006,042 | −24,158 | 24.3 | 64% |
| 2021 | 4,865,646 | 3,755,836 | 1,109,810 | 30.0 | 65% |
| 2022 | 4,776,730 | 4,268,339 | 508,391 | 27.4 | 65% |
| 2023 | 5,433,631 | 4,643,558 | 790,073 | 27.5 | 65% |
| 2024 | 5,719,005 | 4,871,685 | 847,320 | 27.8 | 63% |
In its most recent public year (2024), this organization brought in $847,320 more than it spent. Its reserves stood at about 27.8 months of spending, down from 46.6 in 2011. Staff pay was 63% of spending. $127,534 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 2024. 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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