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Filing year 2023

WORCESTER ACADEMY

Worcester, Massachusetts·EIN 04-2105855·NTEE B200 · Education·501(c)(3)
Total revenue
$36.7M
Total assets
$159.4M
Total expenses
$33.1M
Reported officers
28
Mission

WORCESTER ACADEMY EXISTS TO INSTILL IN ITS STUDENTS THE DESIRE TO LEARN THROUGHOUT LIFE, TO ENGAGE PASSIONATELY WITH THE WORLD AROUND THEM, AND TO BE HONORABLE PERSONS OF STRONG AND RESOURCEFUL CHARACTER.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

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

Head of School
Officer (Unspecified)
$388k
$433k
Base
$346k
Bonus
Other
Benefits
$19k
Director of Advancement
Highest Compensated Employee
Median to 75th percentile
$210k
$234k
Base
$179k
Bonus
Other
Benefits
$19k
Associate Head of School
Highest Compensated Employee
Median to 75th percentile
$197k
$220k
Base
$171k
Bonus
Other
Benefits
$15k
Chief Financial Officer
Median to 75th percentile
$183k
$204k
Base
$153k
Bonus
Other
Benefits
$19k
Dean of Faculty
Officer (Unspecified)
$148k
$166k

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 23 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at WORCESTER ACADEMY equaled 1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
1%
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.

Up 27%
from 2022

From $306k in 2022 to $388k in 2023.

$306k
2022
$388k
2023
In today's dollarsEst.
Up 22% in real terms$353k to $433k

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 62% from 2022 to 2023, while revenue rose 6%.

$130k in 2022 to $210k in 2023.
  • Chief Financial Officer pay rose 9% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 WORCESTER ACADEMY

What does the Highest Compensated Employee of WORCESTER ACADEMY earn?

In 2023, the Highest Compensated Employee of WORCESTER ACADEMY received $209,636 in total compensation. This pay is above the median (the midpoint) for Highest Compensated Employee roles among Education organizations in Massachusetts, within the top half of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in Massachusetts, the 2023 pay of the Highest Compensated Employee at WORCESTER ACADEMY falls between the median and the 75th percentile. In 2023, the highest total compensation at WORCESTER ACADEMY equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are WORCESTER ACADEMY's revenue and expenses?

In 2023, WORCESTER ACADEMY reported $36.7M in total revenue and $33.1M in total expenses on its IRS Form 990.

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