PS1 Pluralistic School

PS1 Pluralistic School looks stable. The school holds 3.9 years of operating cushion: deep institutional balance. Revenue is 83% tuition-dependent (peer median 86%), concentrated but in line with most independent day schools. Staff compensation runs 58% of expenses, leaner than the peer median. Expenses are outpacing revenue 6.5% vs -0.4% per year over three years, signaling margin compression worth flagging. NACUBO Composite Financial Index: 3.9 / 10, adequate — monitor.

PS1 Pluralistic School holds 3.9 years of operating expense in net assets — a deeper reserve position than most independent day schools carry. Less exposed than peers to a one-year admissions shock.

PS1 Pluralistic School reported $10.3M in revenue against $10.7M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $41.2M — about 3.85x annual operating expense.

Operating margin landed at -4.1%, with 83.3% of revenue coming from tuition. Among same-size peers, that puts PS1 Pluralistic School at the p23 on operating margin.