Charity Impact Media

Home › Education

The Speyer Legacy School

New York, NY · EIN 26-4274070 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

The Speyer Legacy School reported $24.9 million in revenue and $24.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.67 went to program services, $9.21 to management and general costs and $2.12 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 90.8% of the total. The highest compensation it reported for one person was $578,796 (Head of School). 31 people received more than $100,000 in reportable compensation. Revenue rose 31% 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 $24M

For 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 $25M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
88.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
9.2%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.1%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.40$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
5.2%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.1%1.1%
Program service revenue share
Part VIII 2g ÷ 12
90.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$578,796$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.37%1.28%
People paid over $100,000
Part VII, line 2
318
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
6.213.3
Independent voting board members
Part VI 1a–1b
19 of 19100.0%

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 expense
$22M expenses · 100.0% of program spending · grants $4.2M · revenue $23M

The Speyer Legacy School was founded in 2009 as a non-profit institution. The Organizations mission is to provide an optimal environment where advanced learners may realize their full potential in the company of both exceptional classmates and teachers who share, and will foster, their passion for learning. Speyer is dedicated to cultivating both intellect and integrity in equal measure. Children will enter with a wide range of interests, strengths, challenges and perspectives. It is the Schools goal that they leave more confident and developed in their individuality

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Head of School
Officer, key employee, 40.00 hrs/week
$492,728$0$86,068$578,796
Head of Middle School
Key employee, 40.00 hrs/week
$249,430$0$38,584$288,014
Former Chief Financial Officer
Former, 40.00 hrs/week
$232,147$0$36,287$268,434
Chief Technology Officer
Highest compensated employee, 40.00 hrs/week
$200,057$0$18,815$218,872
Deputy Head of School
Key employee, 40.00 hrs/week
$160,191$0$38,110$198,301
Director of Enrollment
Highest compensated employee, 40.00 hrs/week
$138,117$0$37,158$175,275
Director of Development
Highest compensated employee, 0.00 hrs/week
$142,351$0$18,339$160,690
Teacher
Highest compensated employee, 40.00 hrs/week
$145,252$0$4,757$150,009

31 people received more than $100,000 in reportable compensation from The Speyer Legacy School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$25M$24M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$25M$24M88.7%$13M$578,796
FY2024 ⓘ$24M$22M80.5%$12M$592,671
FY2023 ⓘ$23M$19M79.7%$10M$556,312
FY2022 ⓘ$26M$19M78.7%$6.1M$586,278
FY2021 ⓘ$20M$18M78.1%−$1.1M$443,006
FY2020 ⓘ$19M$18M80.1%−$2.6M$445,926

Governance 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–1b19 · 19 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 11aYes
  • Family or business ties among insiders Part VI 2No
  • 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 14bNo
  • Employees Part I, line 5137
  • Volunteers Part I, line 6100

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
400 West 59th Street Partners LLC
Rent
$3,751,738
Performance Foodservice
Food service
$140,959

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

3 private foundations reported grants to The Speyer Legacy School totaling $11,492 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 The Speyer Legacy 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 The Speyer Legacy School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New York

Questions people ask

How much of The Speyer Legacy School's spending goes to programs?

In the fiscal year ending June 30, 2025, The Speyer Legacy School reported that 88.7% of its $24.4 million in expenses went to program services, 9.2% to management and general and 2.1% to fundraising (Form 990, Part IX).

How much does The Speyer Legacy School pay its top executive?

The largest total compensation The Speyer Legacy School reported for one person in the fiscal year ending June 30, 2025 was $578,796, for the role of Head of School (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Speyer Legacy School get its money?

Of $24.9 million in revenue in the fiscal year ending June 30, 2025, 5.2% came from contributions and grants (including 0.1% from government grants) and 90.8% from program service revenue (Form 990, Part VIII).

Is The Speyer Legacy School a registered charity?

The IRS lists EIN 26-4274070 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 202631339349304468 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202500509349301605 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202303499349300010 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202340109349300359 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202210149349300726 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111359349301426 · read the filing

All filings for EIN 26-4274070: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.