Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $375,200

• 1e · Government grants (contributions)

  $100,000

• 1f · All other contributions, gifts and grants

  $10,199,699

• 1g · Noncash contributions included above

  $996,479

• 2a · Program service revenue: TUITION

  total $23,077,235 · related or exempt $23,077,235

• 2b · Program service revenue: SUMMER PROGRAMS

  total $824,927 · related or exempt $824,927

• 2c · Program service revenue: AUXILIARY SERVICES

  total $212,544 · related or exempt $192,624 · unrelated business $19,920

• 3 · Investment income

  total $1,850,232 · unrelated business $80,417 · excluded $1,769,815

• 6a · Gross rents

  real property $104,943

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $104,943

• 6d · Net rental income or loss

  total $104,943 · excluded $104,943

• 7a · Gross sales of assets other than inventory

  securities $75,047,538 · other assets $628,816

• 7b · Less cost or other basis and sales expenses

  securities $62,476,930 · other assets $397,312

• 7c · Gain or loss

  securities $12,570,608 · other assets $231,504

• 7d · Net gain or loss

  total $12,802,112 · excluded $12,802,112

• 11a · Other revenue: OTHER INCOME

  total $25,057 · related or exempt $25,057

• 11b · Other revenue: INSURANCE CLAIMS

  total $22,973 · related or exempt $22,973

• 11e · Other revenue, total

  $48,030

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $2,990,575 · program services $2,990,575

• 5 · Compensation of officers, directors and key employees

  total $1,393,595 · program services $156,654 · management and general $888,874 · fundraising $348,067

• 7 · Other salaries and wages

  total $13,009,594 · program services $11,931,048 · management and general $228,808 · fundraising $849,738

• 8 · Pension plan contributions

  total $940,967 · program services $870,541 · management and general $15,307 · fundraising $55,119

• 9 · Other employee benefits

  total $3,158,520 · program services $2,952,592 · management and general $103,456 · fundraising $102,472

• 10 · Payroll taxes

  total $1,010,219 · program services $877,928 · management and general $61,824 · fundraising $70,467

• 11b · Fees: legal

  total $9,319 · program services $1,982 · management and general $5,682 · fundraising $1,655

• 11c · Fees: accounting

  total $42,285 · program services $8,996 · management and general $25,782 · fundraising $7,507

• 11f · Fees: investment management

  total $174,487 · management and general $174,487

• 11g · Fees: other

  total $289,900 · program services $128,239 · management and general $21,529 · fundraising $140,132

• 12 · Advertising and promotion

  total $1,550,239 · program services $151,070 · fundraising $1,399,169

• 13 · Office expenses

  total $165,565 · program services $95,101 · management and general $31,007 · fundraising $39,457

• 14 · Information technology

  total $724,936 · program services $631,131 · management and general $28,737 · fundraising $65,068

• 16 · Occupancy

  total $2,120,899 · program services $1,993,646 · management and general $84,835 · fundraising $42,418

• 19 · Conferences, conventions and meetings

  total $65,665 · program services $25,235 · management and general $2,870 · fundraising $37,560

• 20 · Interest

  total $423,982 · management and general $423,982

• 22 · Depreciation, depletion and amortization

  total $3,580,685 · program services $3,365,844 · management and general $143,227 · fundraising $71,614

• 23 · Insurance

  total $488,740 · program services $461,027 · management and general $18,476 · fundraising $9,237

• 24a · Other expenses: INSTRUCTIONAL EXPENSES

  total $1,647,488 · program services $1,647,488

• 24b · Other expenses: FOOD SERVICE EXPENSES

  total $1,060,543 · program services $1,060,543

• 24c · Other expenses: STUDENT/FACULTY SUPPORT

  total $258,678 · program services $258,678

• 24d · Other expenses: DUES AND SUBSCRIPTIONS

  total $62,748 · program services $56,903 · management and general $5,845

• 24e · All other expenses

  total $24,788 · program services $24,788

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,232,869 · end of year $2,983,691

• 2 · Savings and temporary cash investments

  end of year $3,013,999

• 3 · Pledges and grants receivable

  beginning of year $4,583,695 · end of year $4,486,622

• 4 · Accounts receivable

  beginning of year $589,514 · end of year $499,361

• 7 · Other notes and loans receivable

  beginning of year $282,856 · end of year $257,201

• 8 · Inventories for sale or use

  beginning of year $81,416 · end of year $81,344

• 9 · Prepaid expenses and deferred charges

  beginning of year $698,365 · end of year $606,177

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

  $161,889,515

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

  $54,673,357

• 10c · Land, buildings and equipment, net

  beginning of year $109,568,324 · end of year $107,216,158

• 11 · Investments: publicly traded securities

  beginning of year $87,737,939 · end of year $98,831,800

• 12 · Investments: other securities

  beginning of year $4,912,186 · end of year $4,318,327

• 15 · Other assets

  beginning of year $894,402 · end of year $1,020,878

• 17 · Accounts payable and accrued expenses

  beginning of year $1,101,643 · end of year $990,584

• 19 · Deferred revenue

  beginning of year $10,001,779 · end of year $9,443,546

• 21 · Escrow or custodial account liability

  beginning of year $432,873 · end of year $447,559

• 24 · Unsecured notes and loans payable

  beginning of year $13,857,901 · end of year $12,868,051

• 25 · Other liabilities

  beginning of year $7,251 · end of year $5,819

• 27 · Net assets without donor restrictions

  beginning of year $119,400,454 · end of year $120,807,709

• 28 · Net assets with donor restrictions

  beginning of year $68,779,665 · end of year $78,752,290

The filer's explanations (Part III)

PART I, LINE 1A

LIVING IN ON-CAMPUS HOUSING IS A CONDITION OF ANDREW ABBOTT'S EMPLOYMENT AS HEAD OF SCHOOL WITH JOHN BURROUGHS SCHOOL.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHARITABLE REMAINDER UNITRUST

  T · REMAINDER TRUST · MO