Totals
- Total revenue
- $23,484,032
- Total expenses
- $23,298,850
- Contributions and grants received
- $2,850,759
- Grants paid
- $1,802,297
- Program service revenue
- $20,580,878
- Investment income
- $3,029
- Other revenue
- $49,366
- Total assets, end of year
- $49,904,388
- Total liabilities, end of year
- $21,651,967
- Net assets or fund balances, end of year
- $28,252,421
- Program services expenses (Part IX)
- $20,732,523
- Management and general expenses
- $1,809,535
- Fundraising expenses
- $756,792
- Program service expenses (Part III)
- $20,732,523
Program services were 89.0% 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
$2,850,759
-
1g · Noncash contributions included above
$15,349
-
2a · Program service revenue: STUDENT TUITION & FEES
total $19,834,307 · related or exempt $19,834,307
-
2b · Program service revenue: SUPPORT SERVICES
total $598,497 · related or exempt $598,497
-
2c · Program service revenue: SUMMER CAMP
total $148,074 · related or exempt $148,074
-
3 · Investment income
total $450,328 · excluded $450,328
-
6a · Gross rents
real property $13,200
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $13,200
-
6d · Net rental income or loss
total $13,200 · excluded $13,200
-
7a · Gross sales of assets other than inventory
securities $933,313
-
7b · Less cost or other basis and sales expenses
securities $1,380,612
-
7c · Gain or loss
securities -$447,299
-
7d · Net gain or loss
total -$447,299 · excluded -$447,299
-
10a · Gross sales of inventory
$257,599
-
10b · Cost of goods sold
$304,456
-
10c · Net income from sales of inventory
total -$46,857 · related or exempt -$77,015 · unrelated business $30,158
-
11a · Other revenue: ADMINISTRATIVE - OTHER SOURCES
total $65,121 · related or exempt $65,121
-
11b · Other revenue: INSURANCE INCOME
total $17,902 · excluded $17,902
-
11e · Other revenue, total
$83,023
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $1,802,297 · program services $1,802,297
-
5 · Compensation of officers, directors and key employees
total $544,841 · management and general $544,841
-
7 · Other salaries and wages
total $11,610,974 · program services $10,558,146 · management and general $590,420 · fundraising $462,408
-
9 · Other employee benefits
total $2,479,770 · program services $2,183,714 · management and general $176,594 · fundraising $119,462
-
11f · Fees: investment management
total $20,000 · management and general $20,000
-
11g · Fees: other
total $270,511 · management and general $270,511
-
16 · Occupancy
total $1,540,665 · program services $1,521,360 · management and general $13,235 · fundraising $6,070
-
20 · Interest
total $470,159 · program services $470,159
-
22 · Depreciation, depletion and amortization
total $1,678,438 · program services $1,657,229 · management and general $14,540 · fundraising $6,669
-
24a · Other expenses: DINING SERVICES
total $836,534 · program services $836,534
-
24b · Other expenses: GENERAL INSTITUTIONAL
total $692,974 · program services $357,183 · management and general $173,608 · fundraising $162,183
-
24c · Other expenses: INSTRUCTION
total $569,302 · program services $569,302
-
24d · Other expenses: STUDENT SERVICES
total $470,253 · program services $464,467 · management and general $5,786
-
24e · All other expenses
total $312,132 · program services $312,132
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,797 · end of year $1,800
-
2 · Savings and temporary cash investments
beginning of year $5,213,203 · end of year $5,409,393
-
3 · Pledges and grants receivable
beginning of year $439,129 · end of year $571,027
-
4 · Accounts receivable
beginning of year $280,063 · end of year $390,802
-
8 · Inventories for sale or use
beginning of year $84,783 · end of year $96,504
-
9 · Prepaid expenses and deferred charges
beginning of year $101,455 · end of year $56,775
-
10a · Land, buildings and equipment: cost or other basis
$53,991,130
-
10b · Land, buildings and equipment: accumulated depreciation
$34,949,750
-
10c · Land, buildings and equipment, net
beginning of year $19,949,074 · end of year $19,041,380
-
11 · Investments: publicly traded securities
beginning of year $21,684,007 · end of year $23,681,790
-
15 · Other assets
beginning of year $637,917 · end of year $654,917
-
17 · Accounts payable and accrued expenses
beginning of year $1,114,151 · end of year $1,124,643
-
19 · Deferred revenue
beginning of year $7,493,581 · end of year $7,889,945
-
23 · Secured mortgages and notes payable
beginning of year $13,220,000 · end of year $12,620,000
-
25 · Other liabilities
beginning of year $26,330 · end of year $17,379
-
27 · Net assets without donor restrictions
beginning of year $20,530,971 · end of year $21,869,166
-
28 · Net assets with donor restrictions
beginning of year $6,006,395 · end of year $6,383,255
Mission and programs · 2022
Mission
HUTCHISON SCHOOL IS AN INDEPENDENT, COLLEGE PREPATORY SCHOOL FOR GIRLS. THE SCHOOL IS DEDICATED TO PROVIDING ACADEMIC EXCELLENCE AND PARALLEL DEVELOPMENT OF MIND, BODY, AND SPIRIT AS IT EDUCATES YOUNG WOMEN FOR LIVES OF INTEGRITY AND RESPONSIBLE CITIZENSHIP.
Activities or mission (Part I)
SEE SCHEDULE O
-
THE HUTCHISON SCHOOL PROVIDES PRE-KINDERGARTEN AND KINDERGARTEN CLASSES AS WELL AS CLASSES FOR GRADES 1 - 12.
Expenses $20,732,523 · Grants $1,802,297 · Revenue $20,568,984
As filed on the 2022 return.
Listed in Part VII
-
Megan Wellford GrinderMEGAN WELLFORD GRINDER
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Edward J DobbsEDWARD J DOBBS
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
William TayloeWILLIAM TAYLOE
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Ragan Crawford MagnessRAGAN CRAWFORD MAGNESS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Emily Bryce BowieEMILY BRYCE BOWIE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jenny Werner CarterJENNY WERNER CARTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Allison CatesALLISON CATES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Reginald CoopwoodDR REGINALD COOPWOOD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Chris CrosbyCHRIS CROSBY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
William W Deupree IIIWILLIAM W DEUPREE III
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jason HigginbothamJASON HIGGINBOTHAM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Betsy HornBETSY HORN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Shari JefferiesDR SHARI JEFFERIES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Hardin Barton KimmelHARDIN BARTON KIMMEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Veazey Gully KrausnickVEAZEY GULLY KRAUSNICK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Andrew R McCarrollANDREW R MCCARROLL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michelle Nelson MillerMICHELLE NELSON MILLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Richard C Moore JrRICHARD C MOORE JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sequoia TaylorSEQUOIA TAYLOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Todd WatsonTODD WATSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Craig WeissCRAIG WEISS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
McLean WilsonMCLEAN WILSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Julie WunderlichJULIE WUNDERLICH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Paul YoungPAUL YOUNG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kristen D RingKRISTEN D RING
HEAD OF SCHOOL, TRUSTEE
- Total calculated
- $453,968
- From this org
- $378,032
- From related orgs
- $0
- Other
- $75,936
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $339,232
- Bonus
- $38,800
- Other
- $0
- Deferred
- $23,403
- Nontaxable benefits
- $52,533
- Filer's total
- $453,968
-
Melissa BakerMELISSA BAKER
CHIEF FINANCIAL OFFICER
- Total calculated
- $169,444
- From this org
- $141,316
- From related orgs
- $0
- Other
- $28,128
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,316
- Bonus
- $0
- Other
- $0
- Deferred
- $10,558
- Nontaxable benefits
- $17,570
- Filer's total
- $169,444
-
Catherine ChubbCATHERINE CHUBB
ASSISTANT HEAD OF SCHOOL
- Total calculated
- $197,768
- From this org
- $128,782
- From related orgs
- $0
- Other
- $68,986
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $128,782
- Bonus
- $0
- Other
- $0
- Deferred
- $9,461
- Nontaxable benefits
- $59,525
- Filer's total
- $197,768
-
Adrienne ForgetteADRIENNE FORGETTE
HEAD OF UPPER SCHOOL
- Total calculated
- $198,305
- From this org
- $119,606
- From related orgs
- $0
- Other
- $78,699
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $119,606
- Bonus
- $0
- Other
- $0
- Deferred
- $9,016
- Nontaxable benefits
- $69,683
- Filer's total
- $198,305
-
Jo'Loreal GuyJO'LOREAL GUY
DIRECTOR OF STRATEGY
- Total calculated
- $126,343
- From this org
- $107,709
- From related orgs
- $0
- Other
- $18,634
- Hours/week
- 40
-
Tracey FordTRACEY FORD
ARTS & COMMUNITY ENGAGEMENT DIRECTOR
- Total calculated
- $137,437
- From this org
- $105,866
- From related orgs
- $0
- Other
- $31,571
- Hours/week
- 40
-
Susan SteinkampSUSAN STEINKAMP
EXECUTIVE ADMIN SUPPORT
- Total calculated
- $123,496
- From this org
- $104,696
- From related orgs
- $0
- Other
- $18,800
- 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. 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
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431359349312378
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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