Berkshire Hills Music Academy Inc
South Hadley, Massachusetts
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 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $5,719,005↑5% | $4,871,685↑5% | $11,716,607↑7% | |
| 2023 | $5,433,631↑14% | $4,643,558↑9% | $10,975,473↑9% | — |
| 2022 | $4,776,730↓2% | $4,268,339↑14% | $10,087,054↑6% | — |
| 2021 | $4,865,646↑22% | $3,755,836↓6% | $9,534,823↑8% | — |
| 2020 | $3,981,884↑9% | $4,006,042↑1% | $8,788,827↑6% | — |
| 2019 | $3,667,942↓2% | $3,983,229↑10% | $8,299,172↓4% | — |
| 2018 | $3,750,401↑6% | $3,614,945↑15% | $8,602,548↓2% | — |
| 2017 | $3,554,786↓12% | $3,136,610↑16% | $8,797,245↑10% | — |
| 2016 | $4,062,234↑54% | $2,707,674↑7% | $8,017,790↑16% | — |
| 2015 | $2,636,598↑5% | $2,533,594↑7% | $6,907,624↑1% | — |
| 2014 | $2,510,301↑27% | $2,362,685↑17% | $6,830,158↑2% | — |
| 2013 | $1,974,014↓10% | $2,024,147↑28% | $6,698,802 | — |
| 2012 | $2,201,402↑42% | $1,585,094↑5% | $6,720,934↑7% | — |
| 2011 | $1,552,678 | $1,508,698 | $6,302,875 | — |
Frequently Asked Questions
What does Berkshire Hills Music Academy Inc do?▼
Berkshire Hills Music Academy Inc is a education nonprofit organization based in Massachusetts. It is classified under NTEE code B28 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Berkshire Hills Music Academy Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Berkshire Hills Music Academy Inc has a score of 84/100 (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 Berkshire Hills Music Academy Inc generate?▼
Berkshire Hills Music Academy Inc reports $6.6M in annual revenue and holds $13.4M in total assets, based on IRS filings.
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