Salisbury School Inc

Organization Overview

Salisbury School Inc is located in Salisbury, CT. The organization was established in 1959. 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, Salisbury School Inc employed 205 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salisbury School Inc 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, Salisbury School Inc generated $31.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $26.7m during the year ending 06/2021. While expenses have increased by 0.6% 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

EDUCATION: SALISBURY SCHOOL IS AN INDEPENDENT BOY'S SECONDARY SCHOOL(GRADES 9 THROUGH 12) FOR BOARDING AND DAY STUDENTS. THESCHOOL RECRUITS STUDENTS FROM AROUND THE WORLD.

Describe the Organization's Program Activity:

SALISBURY SCHOOL IS AN INDEPENDENT BOY'S SECONDARY SCHOOL(GRADES 9 THROUGH 12) FOR APPROXIMATELY 300 BOARDING AND DAY STUDENTS. THE SCHOOL ALSO PROVIDES AN INDEPENDENT READING AND ENGLISH CO-ED SUMMER SCHOOL FOR STUDENTS IN GRADES 8 THROUGH 12. THE PROGRAM WAS NOT HELD DURING THE FISCAL YEAR ENDED JUNE 30, 2021 OR 2020 DUE TO THE PANDEMIC.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Burton F Clark Inc
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Ginsberg's Foods
Food Services
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Cambridge Associates Llc
Investment Consultants
$200,000
Us Foodservice Inc
Food Services
$162,340
Preferred Building Maintenance Llc
Housekeeping Services
$134,826
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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$7,529,924
Noncash contributions included in lines 1a–1f $831,708
Total Revenue from Contributions, Gifts, Grants & Similar$7,529,924
Total Program Service Revenue$20,737,462
Investment income $1,840,244
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,782,020
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $31,894,355

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Salisbury School Inc has recieved totaling $5,000.

Awarding OrganizationAmount
Kohn Joseloff Foundation Inc

Bloomfield, CT

PURPOSE: GENERAL

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$56,546,184
Earnings$17,511,635
Net Contributions$1,741,583
Other Expense$1,871,315
Grants$828,685
Ending Balance$73,099,402

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