St Michaels University School Society
St Michaels University School Society reported $37.0 million in revenue and $34.4 million in expenses for the fiscal year ending June 30, 2023. Of every $100 it spent, $80.22 went to program services, $17.78 to management and general costs and $2.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 81.2% of the total. Government grants made up 6.4%. The highest compensation it reported for one person was $356,545 (HEAD OF SCHOOL). 18 people received more than $100,000 in reportable compensation. Revenue rose 22% between FY2020 and FY2023. Source: Form 990, FY2023.
Where $100 of spending went
The fiscal year ending June 30, 2023 · Form 990, Part IX, line 25 · total expenses $34MFor 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, 2023 · Form 990, Part VIII · total revenue $37MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2023 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.12 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 15.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 6.4% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 81.2% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $356,545 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.04% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 18 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 13.2 | 13.3 |
| Independent voting board members Part VI 1a–1b | 14 of 14 | 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
FY2023 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2023 · 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 | $356,545 | $0 | $0 | $356,545 |
| DEPUTY HEAD OF SCHOOL Officer, 40.00 hrs/week | $201,564 | $0 | $0 | $201,564 |
| CHIEF FINANCIAL OFFICER Officer, 40.00 hrs/week | $148,790 | $0 | $0 | $148,790 |
| DIRECTOR OF BOARDING Highest compensated employee, 40.00 hrs/week | $135,588 | $0 | $0 | $135,588 |
| DIRECTOR OF SENIOR SCHOOL Highest compensated employee, 40.00 hrs/week | $134,827 | $0 | $0 | $134,827 |
| DIRECTOR OF ACADEMICS Highest compensated employee, 40.00 hrs/week | $132,928 | $0 | $0 | $132,928 |
| DIRECTOR OF ADVANCEMENT Highest compensated employee, 40.00 hrs/week | $132,581 | $0 | $0 | $132,581 |
| DIRECTOR OF JUNIOR SCHOOL Highest compensated employee, 40.00 hrs/week | $125,906 | $0 | $0 | $125,906 |
18 people received more than $100,000 in reportable compensation from St Michaels University School Society (Part VII, line 2). Compensation of current officers, directors and key employees totaled $807K (Part IX, line 5).
4 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2023 · 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–1b14 · 14 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- 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 26No
- 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 14bYes
- Employees Part I, line 50
- Volunteers Part I, line 650
Largest outside contractors
FY2023 · Form 990, Part VII, Section B · businesses only| CANPRO CONSTRUCTION Construction | $2,542,715 |
| SODEXO CANADA LTD Food/cleaning | $2,171,405 |
| MERRICK ARCHITECTURE Architect, construction administration | $261,799 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from St Michaels University School Society's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for St Michaels University School Society, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 St Michaels University School Society spent in FY2023, $80.22 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Keck Graduate Institute of Applied Life SciencesClaremont, CA · revenue $37M · programs 64.9% · FY2025
- Davis & Elkins CollegeElkins, WV · revenue $37M · programs 87.7% · FY2025
- Gleamns Human Resources CommissionGreenwood, SC · revenue $37M · programs 91.0% · FY2025
- Cardigan Mountain SchoolCanaan, NH · revenue $37M · programs 70.6% · FY2025
- St Mark's School of SouthboroughSouthborough, MA · revenue $37M · programs 75.7% · FY2025
Questions people ask
How much of St Michaels University School Society's spending goes to programs?
In the fiscal year ending June 30, 2023, St Michaels University School Society reported that 80.2% of its $34.4 million in expenses went to program services, 17.8% to management and general and 2.0% to fundraising (Form 990, Part IX).
How much does St Michaels University School Society pay its top executive?
The largest total compensation St Michaels University School Society reported for one person in the fiscal year ending June 30, 2023 was $356,545, for the role of HEAD OF SCHOOL (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does St Michaels University School Society get its money?
Of $37.0 million in revenue in the fiscal year ending June 30, 2023, 15.3% came from contributions and grants (including 6.4% from government grants) and 81.2% from program service revenue (Form 990, Part VIII).
Is St Michaels University School Society a registered charity?
The IRS lists EIN 98-0354404 as a 501(c)(3) organization (school). Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202333159349301808 · read the filing · XML
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202243149349306514 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202103129349304230 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202033159349304318 · read the filing
All filings for EIN 98-0354404: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.