BEducationEIN: 042300472

Berklee College of Music INC

Boston, Massachusetts

A-Health Score
80A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 492 peers in Education with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.21×
Peer Median1.96×
💰
$422.1M
Total Revenue
📊
$406.1M
Total Expenses
🏦
$492.2M
Net Assets
📋
$371.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.7%
Year-over-year change (2022 → 2023)
Net Margin
+3.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.21
Net assets divided by total expenses
Liabilities-to-Assets
43.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$422,055,76310%$406,064,4597%$863,247,5561%
2022$384,612,40823%$379,163,71918%$854,558,0474%
2021$313,496,48315%$321,040,2506%$889,466,26017%
2020$368,578,1145%$341,497,6474%$757,790,1413%
2019$351,171,5687%$327,811,9722%$779,515,2141%
2018$328,082,31416%$322,443,3355%$768,245,3572%
2017$389,732,73041%$306,314,46820%$750,666,69920%
2016$276,118,5416%$255,926,1224%$628,070,2051%
2015$259,550,4773%$246,924,9429%$634,104,1593%
2014$252,941,21612%$225,636,8015%$615,443,1667%
2013$225,957,4461%$214,079,3683%$577,343,2359%
2012$227,187,6993%$207,604,8804%$531,550,39822%
2011$220,764,689$199,668,074$434,763,657

Frequently Asked Questions

What does Berklee College of Music INC do?

Berklee College of Music INC is a education nonprofit organization based in Massachusetts. It is classified under NTEE code B420 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Berklee College of Music INC financially healthy?

Based on our 9-metric Financial Health Score model, Berklee College of Music INC has a score of 80/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Berklee College of Music INC generate?

Berklee College of Music INC reports $441.4M in annual revenue and holds $953.1M in total assets, based on IRS filings.

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