Hotchkiss School

Organization Overview

Hotchkiss School is located in Lakeville, CT. The organization was established in 1925. 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, Hotchkiss School employed 435 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hotchkiss School 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, Hotchkiss School generated $135.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $80.0m during the year ending 06/2021. While expenses have increased by 2.9% 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

THE SCHOOL STRIVES TO DEVELOP IN STUDENTS A LIFELONG LOVE OF LEARNING AND RESPONSIBLE CITIZENSHIP.

Describe the Organization's Program Activity:

THE SCHOOL IS COMMITTED TO MASTERY OF LEARNING SKILLS, DEVELOPMENT OF INTELLECTUAL CURIOSITY, EXCELLENCE AND CREATIVITY IN ALL DISCIPLINES, AND ENTHUSIASTIC PARTICIPATION IN ATHLETICS AND OTHER SCHOOL ACTIVITIES. WE ENCOURAGE OUR STUDENTS TO DEVELOP CLARITY OF THOUGHT, CONFIDENCE AND FACILITY IN EXPRESSING IDEAS, AND ARTISTIC AND AESTHETIC SENSITIVITY. WE EXPECT ALL MEMBERS OF THE COMMUNITY, IN AND OUT OF THE CLASSROOM, TO SUBJECT THEIR VIEWS AND ACTIONS TO CRITICAL EXAMINATION AND TO ACCEPT RESPONSIBILITY FOR THEM. WE HOPE THAT OUR GRADUATES WILL LEAVE HOTCHKISS WITH A COMMITMENT TO SERVICE TO OTHERS AND TO ENVIRONMENTAL STEWARDSHIP, AND WITH A GREATER UNDERSTANDING OF THEMSELVES AND OF THEIR RESPONSIBILITIES IN A GLOBAL SOCIETY. THE ENROLLMENT FOR THE TAX YEAR WAS APPROXIMATELY 620 STUDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Tory Hill Llc
Dining Services
$3,625,081
Burlington Construction Co Inc
Construction
$2,077,076
Bowie Gridley Architects
Architectural Services
$561,384
Ropes & Gray Llp
Legal Services
$440,439
Horton Electrical Services Llc
Electrical Contractor
$827,943
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$21,890,881
Noncash contributions included in lines 1a–1f $2,492,332
Total Revenue from Contributions, Gifts, Grants & Similar$21,890,881
Total Program Service Revenue$37,197,922
Investment income $1,154,375
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $73,562,634
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$53,205
Miscellaneous Revenue$0
Total Revenue $135,336,667

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Hotchkiss School has recieved totaling $25,000.

Awarding OrganizationAmount
Utopia Fund

Plainview, NY

PURPOSE: GENERAL

$15,000
Jjk Foundation

Herndon, VA

PURPOSE: ATHLETIC DEPARTMENT

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$491,983,224
Earnings$148,755,773
Net Contributions$7,752,603
Other Expense$29,115,963
Ending Balance$619,375,637

Peer Organizations

Organization NameAssets
Trustees Of Phillips Academy
Andover, MA
$191,095,685
Choate Rosemary Hall Foundation Incorporated
Wallingford, CT
$80,573,016
Hotchkiss School
Lakeville, CT
$135,336,667
Trustees Of Deerfield Academy
Deerfield, MA
$87,019,997
Taft School Corporation
Watertown, CT
$83,525,324
Northfield Mount Hermon School
Mount Hermon, MA
$64,524,302
Loomis Institute
Windsor, CT
$66,028,387
Noble And Greenough School
Dedham, MA
$55,304,957
Groton School
Groton, MA
$50,710,312
Kent School Corporation
Kent, CT
$52,388,614
Hopkins School Incorporated
New Haven, CT
$44,795,541
Middlesex School
Concord, MA
$51,739,388

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