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Marin Academy

San Rafael, CA · EIN 94-1186189 · 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

Marin Academy reported $34.2 million in revenue and $33.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $75.54 went to program services, $19.70 to management and general costs and $4.76 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 83.4% of the total. The highest compensation it reported for one person was $1,365,268 (HEAD OF SCHOOL). 82 people received more than $100,000 in reportable compensation. Revenue rose 24% 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 $34M

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 $34M

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)
75.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
19.7%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
4.8%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.42$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
11.2%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
83.4%69.9%
Highest reported compensation
Part VII-A, columns D–F
$1,365,268$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
4.02%1.28%
People paid over $100,000
Part VII, line 2
828
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
26.013.3
Independent voting board members
Part VI 1a–1b
25 of 28100.0%

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
$26M expenses · 100.0% of program spending · grants $4.5M · revenue $29M

Marin Academy (ma) is a co-educational independent high school serving grades 9-12. The school enrolls approximately 450 students each year. Marin Academy provides students with a solid foundation in traditional academic subjects in a college-preparatory program. With a commitment to experiential education, ma believes that healthy, challenging experiences both inside and outside the classroom are essential for taking adolescents to and beyond intellectual and theoretical knowledge. Critical thinking (informed, independent, collaborative and creative) is a hallmark of the Marin Academy…

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
Director/trustee, officer, 40.00 hrs/week
$975,793$0$389,475$1,365,268
CHIEF FINANCIAL OFFICER
Officer, 40.00 hrs/week
$393,565$0$81,932$475,497
DIRECTOR OF STRATEGIC ENGAGEMENT
Highest compensated employee, 40.00 hrs/week
$221,666$0$68,038$289,704
ASSISTANT DIR. OF ALUMNI RELATIONS
Highest compensated employee, 40.00 hrs/week
$204,035$0$31,113$235,148
DIRECTOR OF COLLEGE COUNSELING
Highest compensated employee, 40.00 hrs/week
$182,401$0$43,861$226,262
DEAN OF FACULTY
Highest compensated employee, 40.00 hrs/week
$194,513$0$25,201$219,714
DEAN OF STUDENTS
Highest compensated employee, 40.00 hrs/week
$174,311$0$13,370$187,681
TRUSTEE/TEACHER
Director/trustee, 40.00 hrs/week
$159,003$0$23,874$182,877

82 people received more than $100,000 in reportable compensation from Marin Academy (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.5M (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$34M$34M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$34M$34M75.5%$74M$1,365,268
FY2024 ⓘ$34M$32M76.6%$70M$926,384
FY2023 ⓘ$33M$30M75.7%$65M$850,774
FY2022 ⓘ$32M$28M75.0%$61M$809,594
FY2021 ⓘ$30M$26M73.4%$63M$769,640
FY2020 ⓘ$28M$25M74.0%$55M$687,887

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–1b28 · 25 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 5167
  • Volunteers Part I, line 6400

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
BUILD GROUP INC
Construction
$692,956
PHOENIX TRANSPORTATION
Transportation
$405,451
EPICUREAN GROUP
Catering
$396,361
PEAK BUILDING SERVICES
Janitorial
$334,552
SANCHEZ BROTHERS LANDSCAPING
Landscaping
$185,880

Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.

Private foundation grants it received

15 private foundations reported grants to Marin Academy totaling $591K 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 Marin 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 Marin Academy, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in California

Questions people ask

How much of Marin Academy's spending goes to programs?

In the fiscal year ending June 30, 2025, Marin Academy reported that 75.5% of its $33.9 million in expenses went to program services, 19.7% to management and general and 4.8% to fundraising (Form 990, Part IX).

How much does Marin Academy pay its top executive?

The largest total compensation Marin Academy reported for one person in the fiscal year ending June 30, 2025 was $1,365,268, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Marin Academy get its money?

Of $34.2 million in revenue in the fiscal year ending June 30, 2025, 11.2% came from contributions and grants and 83.4% from program service revenue (Form 990, Part VIII).

Is Marin Academy a registered charity?

The IRS lists EIN 94-1186189 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 202513179349307611 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202443199349318779 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202323189349319302 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202243189349318279 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202143229349300219 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202043179349308469 · read the filing

All filings for EIN 94-1186189: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.