Skip to content
Nonprofiteer
← JACKSON HOLE CLASSICAL SCHOOL INC

Form 990 for tax year 2023

Filed by JACKSON HOLE CLASSICAL SCHOOL INC.

Totals

Total revenue
$45,866,313
Total expenses
$5,103,177
Contributions and grants received
$42,619,206
Grants paid
$0
Program service revenue
$2,663,980
Investment income
$567,705
Other revenue
$15,422
Total assets, end of year
$52,561,542
Total liabilities, end of year
$4,181,751
Net assets or fund balances, end of year
$48,379,791
Program services expenses (Part IX)
$4,495,652
Management and general expenses
$426,539
Fundraising expenses
$180,986
Program service expenses (Part III)
$4,495,652

Program services were 88.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $42,619,206

  • 2a · Program service revenue: TUITION

    total $2,639,096 · related or exempt $2,639,096

  • 2b · Program service revenue: CLUB DUES AND FEES

    total $15,288 · related or exempt $15,288

  • 2c · Program service revenue: FOOD SERVICES

    total $9,596 · related or exempt $9,596

  • 3 · Investment income

    total $567,705 · excluded $567,705

  • 6a · Gross rents

    real property $13,682

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $13,682

  • 6d · Net rental income or loss

    total $13,682 · excluded $13,682

  • 10a · Gross sales of inventory

    $1,740

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $1,740 · related or exempt $1,740

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $164,650 · program services $151,514 · management and general $8,034 · fundraising $5,102

  • 7 · Other salaries and wages

    total $2,859,040 · program services $2,632,184 · management and general $138,749 · fundraising $88,107

  • 8 · Pension plan contributions

    total $53,279 · program services $48,686 · management and general $2,809 · fundraising $1,784

  • 9 · Other employee benefits

    total $402,715 · program services $368,008 · management and general $21,227 · fundraising $13,480

  • 10 · Payroll taxes

    total $253,819 · program services $232,698 · management and general $13,143 · fundraising $7,978

  • 11b · Fees: legal

    total $8,675 · program services $5,755 · management and general $2,920

  • 11c · Fees: accounting

    total $124,970 · management and general $124,970

  • 11e · Fees: professional fundraising services

    total $10,809 · fundraising $10,809

  • 11g · Fees: other

    total $368,625 · program services $336,287 · management and general $20,211 · fundraising $12,127

  • 12 · Advertising and promotion

    total $66,146 · program services $66,146

  • 13 · Office expenses

    total $61,710 · program services $555 · management and general $32,705 · fundraising $28,450

  • 14 · Information technology

    total $52,857 · program services $52,857

  • 16 · Occupancy

    total $185,631 · program services $170,999 · management and general $8,950 · fundraising $5,682

  • 17 · Travel

    total $5,077 · fundraising $5,077

  • 22 · Depreciation, depletion and amortization

    total $56,914 · program services $52,398 · management and general $2,762 · fundraising $1,754

  • 23 · Insurance

    total $40,835 · management and general $40,835

  • 24a · Other expenses: PROGRAM EXPENSE

    total $140,294 · program services $140,294

  • 24b · Other expenses: SUPPLIES

    total $94,454 · program services $92,445 · management and general $2,009

  • 24c · Other expenses: FOOD SERVICE

    total $69,259 · program services $69,259

  • 24d · Other expenses: DUES AND FEES

    total $42,880 · program services $36,955 · management and general $5,925

  • 24e · All other expenses

    total $40,538 · program services $38,612 · management and general $1,290 · fundraising $636

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,359,416 · end of year $856,501

  • 2 · Savings and temporary cash investments

    beginning of year $298,576 · end of year $7,966,102

  • 4 · Accounts receivable

    beginning of year $2,874 · end of year $385,256

  • 10a · Land, buildings and equipment: cost or other basis

    $43,615,365

  • 10b · Land, buildings and equipment: accumulated depreciation

    $416,695

  • 10c · Land, buildings and equipment, net

    beginning of year $4,968,987 · end of year $43,198,670

  • 13 · Investments: program-related

    beginning of year $146,021 · end of year $155,013

  • 17 · Accounts payable and accrued expenses

    beginning of year $525,729 · end of year $3,963,433

  • 19 · Deferred revenue

    beginning of year $633,490 · end of year $218,318

  • 27 · Net assets without donor restrictions

    beginning of year $7,616,655 · end of year $48,379,791

Mission and programs · 2023

Mission

THE MISSION OF JACKSON HOLE CLASSICAL ACADEMY IS TO CULTIVATE WITHIN ITS STUDENTS THE WISDOM AND VIRTUE NECESSARY TO DISCOVER AND FULFILL THEIR GOD-GIVEN POTENTIAL AND CONTRIBUTE TO A FLOURISHING AND FREE SOCIETY.

  • JACKSON HOLE CLASSICAL ACADEMY SERVED 95 STUDENTS DURING THE 2023-2024 SCHOOL YEAR.

    Expenses $4,495,652 · Revenue $2,665,720

As filed on the 2023 return.

Listed in Part VII

  • Brendan Miniter

    PRESIDENT/CHAIRMAN

    Total calculated
    $0
    Hours/week
    20

  • Polly Friess

    VICE PRESIDENT

    Total calculated
    $90,000
    From this org
    $90,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Lynn Friess

    SECRETARY

    Total calculated
    $0
    Hours/week
    10

  • Frank Reichel

    TREASURER

    Total calculated
    $0
    Hours/week
    10

  • Norton Rainey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Larry Russ

    HEAD OF SCHOOL

    Total calculated
    $31,250
    From this org
    $31,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • ARETE VENTURES LLC

    TO DIRECT AND MANAGE CONSTRUCTION OF A NEW SCHOOL CAMPUS. · WY · income $41,281,934 · assets $51,418,611

    Directly controlled by JACKSON HOLE CLASSICAL ACADEMY

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202521359349303207

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.