Phillips Exeter Academy

Organization Overview

Phillips Exeter Academy is located in Exeter, NH. The organization was established in 1946. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2021, Phillips Exeter Academy employed 1,112 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phillips Exeter Academy is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Phillips Exeter Academy generated $245.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $141.1m during the year ending 06/2021. While expenses have increased by 3.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O.

Describe the Organization's Program Activity:

SEE SCHEDULE O.


SEE SCHEDULE O.


AUXILIARY ENTERPRISES INCLUDE STUDENT GRILL, FACILITY RENTALS, AND THE CHILDREN'S CENTER WHICH SERVICE THE ACADEMY DURING BOTH SUMMER AND REGULAR SESSIONS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cutler Associates
Contract Services
$3,447,841
Ferrilli Information Group
It Contract Services
$400,020
Ann Beha Architects
Contract Services
$471,509
Shawmut Design Construction
Contract Services
$6,334,756
The Slam Collaborative
Contract Services
$668,290
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$50,175,585
Noncash contributions included in lines 1a–1f $3,539,863
Total Revenue from Contributions, Gifts, Grants & Similar$50,175,585
Total Program Service Revenue$60,246,648
Investment income $6,329,522
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $45,174
Net Gain/Loss on Asset Sales $128,270,464
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$115,131
Miscellaneous Revenue$0
Total Revenue $245,618,588

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Phillips Exeter Academy has recieved totaling $47,300.

Awarding OrganizationAmount
Georgescu Family Foundation

Westport, CT

PURPOSE: GENERAL BUSINESS

$30,000
Robbins Foundation Inc

Watermill, NY

PURPOSE: CHARITABLE CONTRIBUTION

$5,000
Andrew And Paulette Laszlo Foundation Inc

Billings, MT

PURPOSE: PHILANTHROPIC PURPOSES

$5,000
Kozlowski Family Foundation

Greenwich, CT

PURPOSE: EDUCATION

$5,000
The Mclean Family Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$2,000
Noboru Murakami And Hiroko Murakami Foundation

Gilford, NH

PURPOSE: EDUCATIONAL

$300
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,313,339,317
Earnings$337,216,640
Admin Expense$402,933
Net Contributions$34,203,091
Other Expense$45,929,792
Grants$22,015,150
Ending Balance$1,616,411,173

Peer Organizations

Organization NameAssets
Phillips Exeter Academy
Exeter, NH
$245,618,588
Trustees Of Phillips Academy
Andover, MA
$191,095,685
St Pauls School
Concord, NH
$117,316,597
Trustees Of Deerfield Academy
Deerfield, MA
$87,019,997
Northfield Mount Hermon School
Mount Hermon, MA
$64,524,302
Noble And Greenough School
Dedham, MA
$55,304,957
Pinkerton Academy
Derry, NH
$52,612,732
Groton School
Groton, MA
$50,710,312
Middlesex School
Concord, MA
$51,739,388
Trustees Of Thayer Academy
Braintree, MA
$74,068,471
Tabor Academy
Marion, MA
$42,865,044
Berkshire School Inc
Sheffield, MA
$53,167,690

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