Albuquerque Academy
Albuquerque Academy reported $45.5 million in revenue and $44.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.15 went to program services, $10.49 to management and general costs and $2.36 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 81.6% of the total. The highest compensation it reported for one person was $423,591 (HEAD OF SCHOOL). 15 people received more than $100,000 in reportable compensation. Revenue rose 38% 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 $45MFor 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 $46MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.4% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.28 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 8.2% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 81.6% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $423,591 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.95% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 15 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 25.0 | 13.3 |
| Independent voting board members Part VI 1a–1b | 24 of 24 | 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 expenseAlbuquerque Academy is a nationally recognized independent, college preparatory school that serves a diverse student body in grades six through twelve. The school offers educational programs that promote a passion for lifelong learning, foster creativity and connection, and encourage community service. The academy opened its doors in the fall of 1955 with 12 boys in grades 7 through 9, two teachers, and founding head william wilburn. Classes were held in rented space in the parish hall of st. Michael's and all angels church. In 1957, enrollment had grown to 75 boys and the school moved to a…
Summer programthe academy summer session offered the opportunity to 1,311 children of the greater albuquerque community (most nonaffiliated with the regular school year) to participate in an enriching and exciting summer experience during the fiscal year ended june 30, 2025. The program had many class offerings including early childhood programs, a day camp, various sports camps and swim instruction for children from preschool to high school. Credit classes in math and science are also offered to high school students.the summer program has been an integral part of the academy since 1984…
The academy dining halls provide lunch every school day for students, faculty and staff. Sage, the school's food services vendor, has served independent schools for over 24 years. Sage's mission is ot create exceptional dining experiences that delight the senses, inspire minds and foster community. They provide nutritious meals prepared with care, presented in an attractive manner and served in a friendly atmosphere by a courteous staff. The sage team has become a part of the academy community, sharing every success and joining in every celebration
Highest 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 | $367,203 | $0 | $56,388 | $423,591 |
| CHIEF FINANCIAL & OPERATIONS OFFICER Officer, 40.00 hrs/week | $197,930 | $0 | $35,038 | $232,968 |
| ASSOCIATE HEAD OF SCHOOL Highest compensated employee, 40.00 hrs/week | $137,927 | $0 | $70,873 | $208,800 |
| ASSOCIATE HEAD OF SCHOOL Highest compensated employee, 40.00 hrs/week | $141,717 | $0 | $36,929 | $178,646 |
| DIRECTOR OF ADVANCEMENT Highest compensated employee, 40.00 hrs/week | $135,248 | $0 | $27,423 | $162,671 |
| ATHLETICS DIRECTOR Highest compensated employee, 40.00 hrs/week | $132,818 | $0 | $10,481 | $143,299 |
| EXTERNAL RELATIONS DIRECTOR Highest compensated employee, 40.00 hrs/week | $122,065 | $0 | $7,108 | $129,173 |
15 people received more than $100,000 in reportable compensation from Albuquerque Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $652K (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–1b24 · 24 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 5858
- Volunteers Part I, line 6359
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SAGE DINING SERVICES INC Cafeteria & food services | $1,590,813 |
| INTRAWORKS INC Security & safety systems | $219,879 |
| ADVANTAGE COURTS LLC Racquet court services | $170,900 |
| TRIPLE ACTION SERVICES LLC Plumbing services | $149,781 |
| LEVEL 3 COMMUNICATIONS LLC Internet & phone lines | $109,494 |
Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.
Private foundation grants it received
9 private foundations reported grants to Albuquerque Academy totaling $247K 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 Albuquerque Academy's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Albuquerque Academy, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Albuquerque Academy spent in FY2025, $87.15 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- California State University Northridge FoundationNorthridge, CA · revenue $46M · programs 90.6% · FY2025
- The Academy of the New ChurchBryn Athyn, PA · revenue $46M · programs 76.7% · FY2025
- Florida Memorial UniversityMiami Gardens, FL · revenue $46M · programs 70.3% · FY2025
- Old Dominion University Educational FoundationNorfolk, VA · revenue $46M · programs 85.6% · 2024
- College of Our Lady of the ElmsChicopee, MA · revenue $46M · programs 75.8% · FY2025
Questions people ask
How much of Albuquerque Academy's spending goes to programs?
In the fiscal year ending June 30, 2025, Albuquerque Academy reported that 87.2% of its $44.6 million in expenses went to program services, 10.5% to management and general and 2.4% to fundraising (Form 990, Part IX).
How much does Albuquerque Academy pay its top executive?
The largest total compensation Albuquerque Academy reported for one person in the fiscal year ending June 30, 2025 was $423,591, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Albuquerque Academy get its money?
Of $45.5 million in revenue in the fiscal year ending June 30, 2025, 8.2% came from contributions and grants and 81.6% from program service revenue (Form 990, Part VIII).
Is Albuquerque Academy a registered charity?
The IRS lists EIN 85-0129165 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 202611319349304451 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349317971 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431309349305338 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311329349309106 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221329349302642 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202131259349300543 · read the filing
All filings for EIN 85-0129165: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.