Madison Waldorf School

Madison Waldorf School looks stable. Reserves cover under 3 months of expenses, a precarious runway. Revenue runs 72% tuition-dependent (peer median 86%), diversified by day-school standards, with meaningful contribution and investment income. Staff compensation runs 71% of expenses, about par for the peer cohort. Expenses are outpacing revenue 9.3% vs 6.2% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 4.0 / 10, adequate — monitor.

Madison Waldorf School holds only 3 months of operating expense in reserve — a thin runway that warrants understanding before walking into a campus visit.

Madison Waldorf School reported $952K in revenue against $908K in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $209K — about 0.23x annual operating expense.

Operating margin landed at 4.6%, with 72.0% of revenue coming from tuition. Among same-size peers, that puts Madison Waldorf School at the p69 on operating margin.