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Filing year 2024

BERWICK ACADEMY

South Berwick, Maine·EIN 01-0223755·NTEE B200 · Education·501(c)(3)
Total revenue
$26.8M
Total assets
$61.1M
Total expenses
$28M
Reported officers
28
Mission

BERWICK ACADEMY, FOUNDED IN 1791, IS DEDICATED TO PROMOTING VIRTUE AND USEFUL KNOWLEDGE AMONG THE RISING GENERATIONS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Head of School Thru 6/30/25
Officer (Unspecified)
$435k
$470k
Base
$318k
Bonus
Other
$32k
Benefits
$43k
Assistant Head of School-internal
Highest Compensated Employee
75th to 90th percentile
$255k
$275k
Base
$190k
Bonus
Other
Benefits
$38k
Assistant Head of School-external
Highest Compensated Employee
75th to 90th percentile
$217k
$234k
Base
$176k
Bonus
Other
Benefits
$17k
Assistant Head of School for Dei
Highest Compensated Employee
Median to 75th percentile
$192k
$207k
Base
$128k
Bonus
Other
Benefits
$47k
Director of Lower School
Highest Compensated Employee
25th percentile to median
$153k
$165k
Base
$138k
Bonus
Other
Benefits
$700
Director of Upper School
Highest Compensated Employee
25th percentile to median
$150k
$162k
Base
$142k
Bonus
Other
Benefits
$718
CFO Thru 6/30/24
Median to 75th percentile
$147k
$159k
CFO Starting 9/1/24
25th percentile to median
$78k
$84k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 20 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at BERWICK ACADEMY equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
2%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Fell 20%
over 2 years

From $543k in 2022 to $435k in 2024.

$543k
2022
$452k
2023
$435k
2024
In today's dollarsEst.
Down 25% in real terms$627k to $470k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay rose 10% from 2022 to 2024, while revenue rose 3%.

$231k in 2022 to $255k in 2024.
  • Chief Financial Officer pay fell 38% from 2022 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about BERWICK ACADEMY

What does the Highest Compensated Employee of BERWICK ACADEMY earn?

In 2024, the Highest Compensated Employee of BERWICK ACADEMY received $254,535 in total compensation. This pay is in the top quarter for Highest Compensated Employee roles among Education organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at BERWICK ACADEMY compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2024 pay of the Highest Compensated Employee at BERWICK ACADEMY falls between the 75th and 90th percentiles. In 2024, the highest total compensation at BERWICK ACADEMY equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are BERWICK ACADEMY's revenue and expenses?

In 2024, BERWICK ACADEMY reported $26.8M in total revenue and $28M in total expenses on its IRS Form 990.

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