Bard College Berlin a Liberal Arts University GGMBH

Analysis

Bard College Berlin a Liberal Arts University GGMBH is a registered charity in United States, based in Annandale, NY. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bard College Berlin a Liberal Arts University GGMBH reported income of $11.8m and spending of $13.9m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.2m to $11.8m (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bard College Berlin a Liberal Arts University GGMBH sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within NY. Charities of a similar size with the same main cause include Equal Opportunity Schools ($11.8m), Memphis Street Academy Charter School at J P Jones ($11.8m) and Cresthaven Academy Charter School ($11.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $402k (2.9% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $6.0m against liabilities of $7.0m, net assets of -$1.1m. It reported 131 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.