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Bullis School

Potomac, MD · EIN 52-0635080 · 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

Bullis School reported $66.1 million in revenue and $55.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.33 went to program services, $13.55 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: 90.9% of the total. The highest compensation it reported for one person was $855,038 (HEAD OF SCHOOL). 51 people received more than $100,000 in reportable compensation. Revenue rose 60% 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 $55M

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 $66M

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)
84.3%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
13.6%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
$0.32$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
5.6%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
90.9%69.9%
Highest reported compensation
Part VII-A, columns D–F
$855,038$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.55%1.28%
People paid over $100,000
Part VII, line 2
518
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
19.413.3
Independent voting board members
Part VI 1a–1b
22 of 22100.0%

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
$47M expenses · 100.0% of program spending · grants $10M · revenue $60M

The school provides co-educational elementary and secondary school education to students in grades k through 12, promotes diversity, and offers an independent school education to eligible students regardless of financial ability

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
$740,054$0$114,984$855,038
DIRECTOR OF ENROLLMENT MGMT.
Key employee, 40.00 hrs/week
$213,176$0$117,613$330,789
CHIEF FINANCIAL OFFICER
Officer, 40.00 hrs/week
$297,578$0$32,041$329,619
ATHLETIC DIRECTOR
Highest compensated employee, 40.00 hrs/week
$145,881$0$113,252$259,133
ASSOCIATE HEAD OF SCHOOL
Key employee, 40.00 hrs/week
$190,738$0$52,522$243,260
CHIEF OPERATING OFFICER
Highest compensated employee, 40.00 hrs/week
$144,996$0$96,401$241,397
DIRECTOR OF INSTITUTIONAL ADV.
Highest compensated employee, 40.00 hrs/week
$177,040$0$45,596$222,636
HEAD OF MIDDLE SCHOOL
Highest compensated employee, 40.00 hrs/week
$186,494$0$14,058$200,552

51 people received more than $100,000 in reportable compensation from Bullis School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.7M (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$66M$55M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$66M$55M84.3%$89M$855,038
FY2024 ⓘ$70M$54M84.2%$77M$923,777
FY2023 ⓘ$54M$48M84.9%$59M$755,315
FY2022 ⓘ$48M$44M84.7%$52M$785,394
FY2021 ⓘ$48M$41M80.5%$48M$516,169
FY2020 ⓘ$41M$43M81.1%$40M$699,551

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–1b22 · 22 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 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5469
  • Volunteers Part I, line 6100

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
MERIWETHER-GODSEY INC
Catering, dining services
$1,747,800
VECTOR BULWARKS LLC
Construction services
$826,927
ALLCARE FACILITY SYSTEM
Cleaning services
$471,621
MISSION EXTERIOR LLC
Construction services
$370,293

Individuals listed as contractors are left out. 15 contractors were paid more than $100,000 in all.

Private foundation grants it received

10 private foundations reported grants to Bullis School totaling $192K 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 Bullis 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 Bullis School, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Maryland

Questions people ask

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

In the fiscal year ending June 30, 2025, Bullis School reported that 84.3% of its $55.2 million in expenses went to program services, 13.6% to management and general and 2.1% to fundraising (Form 990, Part IX).

How much does Bullis School pay its top executive?

The largest total compensation Bullis School reported for one person in the fiscal year ending June 30, 2025 was $855,038, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Bullis School get its money?

Of $66.1 million in revenue in the fiscal year ending June 30, 2025, 5.6% came from contributions and grants and 90.9% from program service revenue (Form 990, Part VIII).

Is Bullis School a registered charity?

The IRS lists EIN 52-0635080 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 202621349349312602 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202500859349301750 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401239349300435 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202340769349300529 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202220849349300817 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121379349305462 · read the filing

All filings for EIN 52-0635080: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.