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Breck School

Golden Valley, MN · EIN 41-0693894 · 501(c)(3) · Church
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Breck School reported $56.5 million in revenue and $63.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $79.61 went to program services, $18.09 to management and general costs and $2.30 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 91.5% of the total. The highest compensation it reported for one person was $870,893 (Head of School). 75 people received more than $100,000 in reportable compensation. Revenue rose 22% 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 $63M

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 $57M

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)
79.6%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
18.1%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.3%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.58$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
4.4%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
91.5%69.9%
Highest reported compensation
Part VII-A, columns D–F
$870,893$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.38%1.28%
People paid over $100,000
Part VII, line 2
758
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
23.813.3
Independent voting board members
Part VI 1a–1b
21 of 21100.0%

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
$50M expenses · 100.0% of program spending · grants $9.2M · revenue $52M

Breck School provides primary and secondary school academic programs for up to 1,200 students in grades pre-school through grade twelve. Breck also provides a wide range of activities for its students including athletics and academic extracurriculars, visual and performing arts, student publications and clubs. Additional services offered by Breck include online and campus stores, an ice arena, transportation service, extended day care, tutoring, and food service

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, 40.00 hrs/week
$732,497$0$138,396$870,893
Chief Operating Officer
Officer, 40.00 hrs/week
$236,084$0$44,889$280,973
Chief Stratey and Comm. Officer
Key employee, 40.00 hrs/week
$214,422$0$33,691$248,113
Chief Information Officer
Key employee, 40.00 hrs/week
$194,963$0$41,715$236,678
Upper School Director
Key employee, 40.00 hrs/week
$195,625$0$32,200$227,825
Lower School Director
Key employee, 40.00 hrs/week
$176,850$0$39,975$216,825
Director of Middle School
Key employee, 40.00 hrs/week
$178,671$0$24,388$203,059
of College Counseling
Highest compensated employee, 40.00 hrs/week
$154,849$0$38,373$193,222

75 people received more than $100,000 in reportable compensation from Breck School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.4M (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$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$57M$63M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$57M$63M79.6%$125M$870,893
FY2024 ⓘ$56M$56M84.8%$126M$835,379
FY2023 ⓘ$51M$53M84.3%$120M$687,216
FY2022 ⓘ$46M$49M84.0%$116M$555,621
FY2021 ⓘ$50M$48M84.5%$124M$547,952
FY2020 ⓘ$46M$44M84.7%$107M$529,939

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–1b21 · 21 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 14bYes
  • Employees Part I, line 5539
  • Volunteers Part I, line 61,000

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Allied Universal Security Services
Security Services
$159,878
Veracross LLC
Student Information System for Independe
$154,379

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

Private foundation grants it received

25 private foundations reported grants to Breck School totaling $235K 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 Breck 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 Breck School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Minnesota

Questions people ask

How much of Breck School's spending goes to programs?

In the fiscal year ending June 30, 2025, Breck School reported that 79.6% of its $63.0 million in expenses went to program services, 18.1% to management and general and 2.3% to fundraising (Form 990, Part IX).

How much does Breck School pay its top executive?

The largest total compensation Breck School reported for one person in the fiscal year ending June 30, 2025 was $870,893, for the role of Head of School (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Breck School get its money?

Of $56.5 million in revenue in the fiscal year ending June 30, 2025, 4.4% came from contributions and grants and 91.5% from program service revenue (Form 990, Part VIII).

Is Breck School a registered charity?

The IRS lists EIN 41-0693894 as a 501(c)(3) organization (church), 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 202621349349304402 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541289349303639 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411299349302341 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321299349301537 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201299349301220 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141309349300809 · read the filing

All filings for EIN 41-0693894: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.