Salisbury School
Salisbury School reported $49.8 million in revenue and $35.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $77.64 went to program services, $15.02 to management and general costs and $7.34 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 49.3% of the total. The highest compensation it reported for one person was $523,475 (HEAD OF SCHOOL). 18 people received more than $100,000 in reportable compensation. Revenue rose 81% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $36MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $50MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 77.6% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 7.3% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.14 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 37.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 49.3% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $523,475 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.47% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 18 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 74.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 33 of 33 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| HEAD OF SCHOOL Officer, 40.00 hrs/week | $416,516 | $0 | $106,959 | $523,475 |
| ASSOCIATE HEAD OF SCHOOL Key employee, 40.00 hrs/week | $338,127 | $0 | $143,109 | $481,236 |
| CHIEF FINANCIAL OPERATING OFFICER Officer, 40.00 hrs/week | $322,843 | $0 | $51,104 | $373,947 |
| ASSISTANT HEAD OF SCHOOL FOR INSTITUTIONAL ADVANC Key employee, 40.00 hrs/week | $275,362 | $0 | $80,496 | $355,858 |
| DIRECTOR OF FINANCE Highest compensated employee, 40.00 hrs/week | $227,310 | $0 | $22,705 | $250,015 |
| DIRECTOR OF ADMISSIONS Highest compensated employee, 40.00 hrs/week | $133,378 | $0 | $62,543 | $195,921 |
| DIRECTOR OF FACILITIES Highest compensated employee, 40.00 hrs/week | $157,007 | $0 | $30,758 | $187,765 |
| DIRECTOR OF PLANNED GIVING AND STEWARDSHIP Highest compensated employee, 40.00 hrs/week | $138,605 | $0 | $45,898 | $184,503 |
18 people received more than $100,000 in reportable compensation from Salisbury School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b33 · 33 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5213
- Volunteers Part I, line 633
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| FLIK INDEPENDENT SCHOOLS Outside food contractor | $1,334,418 |
| SEGALLA'S TURNKEY HOUSING Construction contractor | $527,078 |
| BURLINGTON CONSTRUCTION COMPANY Construction contractor | $458,489 |
| PREMIER BUILDING ASSOCIATES LLC Construction contractor | $270,900 |
| IBS- BUILDING SERVICE CONTRACTORS Cleaning contractor | $230,209 |
Individuals listed as contractors are left out. 18 contractors were paid more than $100,000 in all.
Private foundation grants it received
44 private foundations reported grants to Salisbury School totaling $1.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Salisbury School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Salisbury School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Salisbury School spent in FY2025, $77.64 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Severn SchoolSeverna Park, MD · revenue $50M · programs 83.9% · FY2025
- William Woods UniversityFulton, MO · revenue $50M · programs 81.5% · FY2025
- King SchoolStamford, CT · revenue $50M · programs 74.7% · FY2025
- California Montessori ProjectCarmichael, CA · revenue $50M · programs 85.9% · FY2025
- Tlca Texas Leadership Charter AcademySan Angelo, TX · revenue $50M · programs 87.5% · FY2025
Questions people ask
How much of Salisbury School's spending goes to programs?
In the fiscal year ending June 30, 2025, Salisbury School reported that 77.6% of its $35.6 million in expenses went to program services, 15.0% to management and general and 7.3% to fundraising (Form 990, Part IX).
How much does Salisbury School pay its top executive?
The largest total compensation Salisbury School reported for one person in the fiscal year ending June 30, 2025 was $523,475, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Salisbury School get its money?
Of $49.8 million in revenue in the fiscal year ending June 30, 2025, 37.9% came from contributions and grants and 49.3% from program service revenue (Form 990, Part VIII).
Is Salisbury School a registered charity?
The IRS lists EIN 06-0646888 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621359349314537 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511289349301931 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411359349309891 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311309349301836 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241319349302904 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141069349300429 · read the filing
All filings for EIN 06-0646888: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.