Brearley School
- Assets
- $371.3m
- Revenue
- $54.7m
- Investments
- $117.6m
- Employees
- 334
- Location
- New York, NY
- Founding
- 11/1946
- Data as of
- 06/2021
- EIN
- 13-1623915
Organization Overview
Brearley School is located in New York, NY. The organization was established in 1946. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Brearley School employed 334 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brearley 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, Brearley School generated $54.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $54.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE BREARLEY SCHOOL IS A PRIVATE EDUCATIONAL INSTITUTION IN NEW YORK CITY THAT PROVIDES A QUALITYEDUCATION TO GIRLS IN GRADES K-12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BREARLEY SCHOOL CHALLENGES GIRLS OF ADVENTUROUS INTELLECT TO THINK CRITICALLY AND CREATIVELY AND PREPARES THEM FOR ACTIVE, RESPONSIBLE CITIZENSHIP IN A DEMOCRATIC SOCIETY. WITHIN A DIVERSE COMMUNITY AND IN PARTNERSHIP WITH DEDICATED FACULTY WHO TEACH ACROSS THREE DIVISIONS, STUDENTS IN CLASSES K THROUGH XII DEVELOP A COMMAND OF MANY DISCIPLINES AND A LOVE OF LEARNING THROUGH THE PASSIONATE EXCHANGE OF IDEAS. ENCOURAGING GIRLS TO BALANCE INDIVIDUALITY AND COLLABORATION FURTHER PROMOTES THE INTEGRITY ESSENTIAL TO PRINCIPLED ENGAGEMENT IN THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Modupe Akinola Robinson President | OfficerTrustee | 10 | $0 |
Jocelyn Strauber Secretary | OfficerTrustee | 5 | $0 |
David B Philip Senior Vice President | OfficerTrustee | 5 | $0 |
Tara Abrahams Trustee | Trustee | 2 | $0 |
Gideon Berger Trustee | Trustee | 5 | $0 |
Elizabeth R Chandler Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ew Howell Construction Management | 6/29/22 | $654,357 |
Cambridge Associates Investment Management | 6/29/22 | $331,354 |
Select Equity Group Investment Advisory Services | 6/29/22 | $213,487 |
Quilted Partners Organizational Learning Services | 6/29/22 | $153,975 |
Colliers International Construction Management | 6/29/22 | $140,425 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,144,835 |
| Investment income | $550,783 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $261,169 |
| Net Gain/Loss on Asset Sales | $4,040,591 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $54,677,601 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $6,867,218 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,392,161 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,522,044 |
| Pension plan accruals and contributions | $1,759,565 |
| Other employee benefits | $3,902,272 |
| Payroll taxes | $1,716,826 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $139,912 |
| Fees for services: Accounting | $204,789 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $390,000 |
| Fees for services: Other | $667,457 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $738,195 |
| Royalties | $0 |
| Occupancy | $580,466 |
| Travel | $176,755 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $181,153 |
| Interest | $1,671,385 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,700,532 |
| Insurance | $561,529 |
| All other expenses | $0 |
| Total functional expenses | $54,227,793 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,000 |
| Savings and temporary cash investments | $35,310,479 |
| Pledges and grants receivable | $6,025,876 |
| Accounts receivable, net | $586,887 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,586,287 |
| Investments—publicly traded securities | $56,190,195 |
| Investments—other securities | $117,565,190 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $496,199 |
| Total assets | $371,332,515 |
| Accounts payable and accrued expenses | $5,947,526 |
| Grants payable | $0 |
| Deferred revenue | $18,959,983 |
| Tax-exempt bond liabilities | $48,891,573 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,936,536 |
| Total liabilities | $75,735,618 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $295,596,897 |