Skip to content
Nonprofiteer
← SHATTUCK-ST MARYS SCHOOLS

Form 990 for tax year 2024

Filed by SHATTUCK-ST MARYS SCHOOLS.

Totals

Total revenue
$39,621,966
Total expenses
$38,434,521
Contributions and grants received
$3,639,062
Grants paid
$8,629,975
Program service revenue
$33,705,251
Investment income
$1,718,826
Other revenue
$558,827
Total assets, end of year
$105,579,216
Total liabilities, end of year
$38,970,652
Net assets or fund balances, end of year
$66,608,564
Program services expenses (Part IX)
$34,076,976
Management and general expenses
$3,683,129
Fundraising expenses
$674,416
Program service expenses (Part III)
$34,076,976

Program services were 88.7% 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.

  • 1e · Government grants (contributions)

    $1,016,990

  • 1f · All other contributions, gifts and grants

    $2,622,072

  • 1g · Noncash contributions included above

    $86,258

  • 2a · Program service revenue: TUITION & FEES

    total $27,473,001 · related or exempt $27,473,001

  • 2b · Program service revenue: AUXILIARY ACTIVITIES

    total $3,539,827 · related or exempt $3,539,827

  • 2c · Program service revenue: MANAGEMENT FEES

    total $1,877,088 · related or exempt $1,877,088

  • 2d · Program service revenue: MISC OTHER

    total $815,335 · related or exempt $815,335

  • 3 · Investment income

    total $765,333 · excluded $765,333

  • 5 · Royalties

    total $55,836 · excluded $55,836

  • 6a · Gross rents

    real property $1,537,313

  • 6b · Less rental expenses

    real property $1,252,267

  • 6c · Rental income or loss

    real property $285,046

  • 6d · Net rental income or loss

    total $285,046 · unrelated business $285,046

  • 7a · Gross sales of assets other than inventory

    securities $35,156,579

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

    securities $34,190,244 · other assets $12,842

  • 7c · Gain or loss

    securities $966,335 · other assets -$12,842

  • 7d · Net gain or loss

    total $953,493 · related or exempt $953,493

  • 10a · Gross sales of inventory

    $611,338

  • 10b · Cost of goods sold

    $393,393

  • 10c · Net income from sales of inventory

    total $217,945 · unrelated business $130,800 · excluded $87,145

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $7,323,775 · program services $7,323,775

  • 3 · Grants to foreign organizations and individuals

    total $1,306,200 · program services $1,306,200

  • 5 · Compensation of officers, directors and key employees

    total $858,906 · program services $858,906

  • 7 · Other salaries and wages

    total $10,452,075 · program services $9,859,398 · management and general $260,351 · fundraising $332,326

  • 8 · Pension plan contributions

    total $574,001 · program services $534,617 · management and general $15,485 · fundraising $23,899

  • 9 · Other employee benefits

    total $2,993,126 · program services $2,801,903 · management and general $75,050 · fundraising $116,173

  • 10 · Payroll taxes

    total $881,374 · program services $833,775 · management and general $20,891 · fundraising $26,708

  • 11c · Fees: accounting

    total $8,845 · management and general $8,845

  • 11f · Fees: investment management

    total $88,159 · management and general $88,159

  • 11g · Fees: other

    total $1,958,047 · program services $1,489,522 · management and general $468,525

  • 12 · Advertising and promotion

    total $192,320 · program services $199,357 · management and general -$7,037

  • 13 · Office expenses

    total $960,609 · program services $855,207 · management and general $64,093 · fundraising $41,309

  • 14 · Information technology

    total $288,337 · program services $225,630 · management and general $62,707

  • 16 · Occupancy

    total $1,131,450 · program services $1,042,447 · management and general $89,003

  • 17 · Travel

    total $890,088 · program services $722,810 · management and general $147,090 · fundraising $20,188

  • 19 · Conferences, conventions and meetings

    total $146,501 · program services $4,952 · management and general $108,976 · fundraising $32,573

  • 20 · Interest

    total $814,725 · management and general $814,725

  • 22 · Depreciation, depletion and amortization

    total $2,062,677 · program services $1,120,057 · management and general $942,620

  • 23 · Insurance

    total $624,436 · program services $560,256 · management and general $64,180

  • 24a · Other expenses: COGS

    total $1,270,731 · program services $1,244,833 · management and general $25,898

  • 24b · Other expenses: ACTIVITY FEES

    total $910,538 · program services $910,538

  • 24c · Other expenses: PROGRAM

    total $893,594 · program services $893,594

  • 24d · Other expenses: MEALS

    total $636,610 · program services $636,610

  • 24e · All other expenses

    total $1,167,397 · program services $652,589 · management and general $433,568 · fundraising $81,240

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,960,550 · end of year $8,740,585

  • 3 · Pledges and grants receivable

    beginning of year $745,888 · end of year $381,946

  • 4 · Accounts receivable

    beginning of year $188,975 · end of year $132,067

  • 7 · Other notes and loans receivable

    beginning of year $4,208,323 · end of year $2,644,719

  • 8 · Inventories for sale or use

    beginning of year $135,595 · end of year $147,376

  • 9 · Prepaid expenses and deferred charges

    beginning of year $282,971 · end of year $506,855

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

    $85,492,958

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

    $37,268,542

  • 10c · Land, buildings and equipment, net

    beginning of year $49,459,207 · end of year $48,224,416

  • 11 · Investments: publicly traded securities

    beginning of year $33,574,141 · end of year $38,677,469

  • 12 · Investments: other securities

    beginning of year $3,950,968 · end of year $4,567,786

  • 15 · Other assets

    beginning of year $2,108,435 · end of year $1,555,997

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,095,972 · end of year $988,679

  • 19 · Deferred revenue

    beginning of year $12,047,660 · end of year $12,611,694

  • 23 · Secured mortgages and notes payable

    beginning of year $24,389,102 · end of year $23,801,754

  • 25 · Other liabilities

    beginning of year $1,368,983 · end of year $1,568,525

  • 27 · Net assets without donor restrictions

    beginning of year $28,770,662 · end of year $29,804,022

  • 28 · Net assets with donor restrictions

    beginning of year $34,942,674 · end of year $36,804,542

Mission and programs · 2024

Mission

WE ARE A GLOBAL LEARNING COMMUNITY THAT HONORS TRADITION WHILE EMBRACING INNOVATION. BY CULTIVATING CREATIVE, INDEPENDENT THINKING, WE FOSTER THE TRANSFORMATION OF OUR STUDENTS TO BECOME CITIZENS OF INTEGRITY FOR AN EVER-CHANGING WORLD. WE AIM TO BE A DYNAMIC AND DIVERSE SCHOOL COMMUNITY COMMITTED TO EXCELLENCE, INTEGRITY AND INNOVATION, HERE AND BEYOND THE ARCH.

  • PRIVATE BOARDING SCHOOL EXPENSES: INCLUDES COSTS OF INSTRUCTION, BUILDING AND GROUNDS MAINTENANCE, STUDENT FOOD AND AUXILIARY SERVICES.

    Expenses $34,076,976 · Grants $8,629,975 · Revenue $34,658,744

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Matthew Cavellier

    HEAD OF SCHO

    Total calculated
    $434,423
    From this org
    $398,264
    From related orgs
    $0
    Other
    $36,159
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $398,264
    Bonus
    not reported
    Other
    not reported
    Deferred
    $20,700
    Nontaxable benefits
    $15,459
    Filer's total
    $434,423

  • Scott Ryberg

    CFO

    Total calculated
    $220,041
    From this org
    $197,727
    From related orgs
    $0
    Other
    $22,314
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $197,727
    Bonus
    not reported
    Other
    not reported
    Deferred
    $11,966
    Nontaxable benefits
    $10,348
    Filer's total
    $220,041

  • Courtney Cavellier

    CHIEF ACADEM

    Total calculated
    $123,878
    From this org
    $112,410
    From related orgs
    $0
    Other
    $11,468
    Hours/week
    40

  • Thomas Ward

    BOYS PREP HE

    Total calculated
    $146,414
    From this org
    $129,587
    From related orgs
    $0
    Other
    $16,827
    Hours/week
    40

  • Nicholas Cobbett

    PRESIDENT SS

    Total calculated
    $126,584
    From this org
    $110,230
    From related orgs
    $0
    Other
    $16,354
    Hours/week
    40

  • Sean Bushey

    DR. OF BOYS

    Total calculated
    $143,561
    From this org
    $121,572
    From related orgs
    $0
    Other
    $21,989
    Hours/week
    40

  • Ben Umhoefer

    DIRECTOR OF

    Total calculated
    $140,575
    From this org
    $122,410
    From related orgs
    $0
    Other
    $18,165
    Hours/week
    40

  • Erin Honken

    CHIEF HR OFF

    Total calculated
    $129,151
    From this org
    $111,753
    From related orgs
    $0
    Other
    $17,398
    Hours/week
    40

  • Bishop Craig Loya

    HONORARY CHA

    Total calculated
    $0
    Hours/week
    2

  • Tamara Nelsen

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Megan Trout

    SECRETARY/TR

    Total calculated
    $0
    Hours/week
    2

  • H J Jack Dane

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Jonathan Hancock

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Paul Jeremiassen

    FC CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Joel MacIntosh

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Chris Silge

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Rev Jonathan Smith

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Ruthie Sudderth

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Bruce Tuomala

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Ruth Wiegand

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Fred W Krahmer

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Amy Woolf

    PARENTS ASSN

    Total calculated
    $0
    Hours/week
    2

  • Theo Lubke

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Tim O'Keefe

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Trevor Putrah

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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.

  • SSM EDUCATIONAL SERVICES LLC

    EDUCATION · DE · income $1,894,429 · assets $50,254

    Directly controlled by SHATTUCK ST MARY'S SCHOOL

Related corporations and trusts

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

  • LEGACY LAND DEVELOPMENT CO

    C CORP · REAL ESTAT · MN · 100% owned · share of assets $59,826 · controlled entity

    Directly controlled by SHATTUCK-S SHATTUCK-ST MARY'S SCHOOL

  • LEGACY GOLF CORPORATION

    C CORP · GOLF COURS · MN · 100% owned · share of income -$35,171 · share of assets $1,474,908 · controlled entity

    Directly controlled by SHATTUCK-S SHATTUCK-ST MARY'S SCHOOL

Provenance

Return type
form_990
Tax year
2024
Filed
15 May 2026
IRS schema version
2024v5.0
Source object
202601349349309025

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.