Cincinnati Waldorf School

Cincinnati Waldorf School sits in the watch range. Reserves cover 4 months of operating expense, a thin runway. Revenue is 88% tuition-dependent (peer median 89%), concentrated but in line with most independent day schools. Staff compensation runs 54% of expenses, well below the peer median, worth understanding why. NACUBO Composite Financial Index: 1.3 / 10, watch.

Cincinnati Waldorf School holds only 4 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Cincinnati Waldorf School reported $4.6M in revenue against $4.6M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $1.5M — about 0.34x annual operating expense.

Operating margin landed at 0.4%, with 88.3% of revenue coming from tuition. Among same-size peers, that puts Cincinnati Waldorf School at the p57 on operating margin.