Menlo School
Menlo School reported $97.9 million in revenue and $78.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.51 went to program services, $5.80 to management and general costs and $2.69 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 52.7% of the total. The highest compensation it reported for one person was $878,999 (HEAD OF SCHOOL). 154 people received more than $100,000 in reportable compensation. Revenue rose 55% 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 $78MFor 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 $98MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.7% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.13 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 16.7% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 4.9% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 52.7% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $878,999 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.13% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 154 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 41.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 23 of 23 | 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 expenseMenlo School provides instruction for approximately 805 students in grades 6-12, offering a curriculum that fosters academic excellence and personal growth. In middle school, students are guided by the habits of the heart and mind and the habits of learning, supported by teachers who inspire, challenge, and nurture them. High school students benefit from a stimulating academic environment with opportunities to explore their interests and develop meaningful connections, preparing them for future success.in addition to the school's academic & creative arts programs, other student programs and…
Menlo School provides fiscal sponsorship for music@menlo. Under this arrangement, Menlo School maintains control over funds and activities and provides administrative, financial, and compliance oversight to ensure all activities further charitable and educational purposes.the mission of music@menlo is to engage and sustain an audience for chamber music, programmed, presented, and performed at the highest level of artistic excellence, and to provide deserving young musicians with comprehensive, festival-based educational opportunities.(continued on schedule o)music@menlo features unique…
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 | $790,870 | $0 | $88,129 | $878,999 |
| DIRECTOR OF UPPER SCHOOL Key employee, 40.00 hrs/week | $281,958 | $0 | $152,352 | $434,310 |
| MIDDLE SCHOOL DIRECTOR Highest compensated employee, 40.00 hrs/week | $250,498 | $0 | $55,808 | $306,306 |
| DIRECTOR OF ATHLETICS Highest compensated employee, 40.00 hrs/week | $242,940 | $0 | $58,019 | $300,959 |
| DIRECTOR OF FACILITIES Highest compensated employee, 40.00 hrs/week | $224,583 | $0 | $71,258 | $295,841 |
| DIRECTOR OF HUMAN RESOURCES Highest compensated employee, 40.00 hrs/week | $235,637 | $0 | $57,148 | $292,785 |
| DIRECTOR OF FINANCE Highest compensated employee, 40.00 hrs/week | $215,932 | $0 | $40,378 | $256,310 |
| CFO/BUSINESS MANAGER Officer, 40.00 hrs/week | $143,129 | $0 | $42,323 | $185,452 |
154 people received more than $100,000 in reportable compensation from Menlo 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, 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–1b23 · 23 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 11aNo
- 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 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5454
- Volunteers Part I, line 6839
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| DFWH ENTERPRISES CO DAVID FINKEL AND W Artistic/musical | $274,557 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
20 private foundations reported grants to Menlo School totaling $362K 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 Menlo 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 Menlo School, you can publish a response that is linked from this page.
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Of every $100 Menlo School spent in FY2025, $91.51 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Chatham UniversityPittsburgh, PA · revenue $98M · programs 83.7% · FY2025
- Kettering UniversityFlint, MI · revenue $98M · programs 87.2% · FY2025
- Brooklyn Law SchoolBrooklyn, NY · revenue $98M · programs 79.5% · FY2025
- Carlow UniversityPittsburgh, PA · revenue $98M · programs 86.5% · FY2025
- Old Dominion University Research FoundationNorfolk, VA · revenue $98M · programs 91.3% · FY2025
Questions people ask
How much of Menlo School's spending goes to programs?
In the fiscal year ending June 30, 2025, Menlo School reported that 91.5% of its $78.0 million in expenses went to program services, 5.8% to management and general and 2.7% to fundraising (Form 990, Part IX).
How much does Menlo School pay its top executive?
The largest total compensation Menlo School reported for one person in the fiscal year ending June 30, 2025 was $878,999, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Menlo School get its money?
Of $97.9 million in revenue in the fiscal year ending June 30, 2025, 16.7% came from contributions and grants (including 4.9% from government grants) and 52.7% from program service revenue (Form 990, Part VIII).
Is Menlo School a registered charity?
The IRS lists EIN 94-3204137 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 202621219349302032 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511199349301811 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431279349301918 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341149349301529 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202210919349301506 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101099349301115 · read the filing
All filings for EIN 94-3204137: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.