University School

Organization Overview

University School is located in Shaker Heights, OH. The organization was established in 1927. 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 06/2021, University School employed 383 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University 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, University School generated $67.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $41.1m during the year ending 06/2021. While expenses have increased by 3.2% 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 MISSION OF UNIVERSITY SCHOOL IS TO DEVELOP PROMISING AND MOTIVATED YOUNG BOYS INTO ACCOMPLISHED AND INDEPENDENT YOUNG MEN WHO ASPIRE TO MAKE A DIFFERENCE IN THE WORLD.

Describe the Organization's Program Activity:

PROVIDE INSTRUCTION TO A REGULARLY-ENROLLED STUDENT BODY(KINDERGARTEN THROUGH GRADE 12) FOR WHICH A REGULAR FACULTY ANDCOLLEGE-PREPARATORY CURRICULUM ARE MAINTAINED. THERE WERE 836FULL-TIME STUDENTS ENROLLED AT THE SCHOOL DURING THE 2020-2021SCHOOL YEAR.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Albert M Higley
Construction
$4,099,153
Precious Cargo
Transportation
$169,205
Field Of Play
Baseball Field
$179,955
Dix & Eaton
Pr/marketing
$147,970
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$3,312,729
Government grants $472,358
All other contributions, gifts, grants, and similar amounts not included above$27,301,974
Noncash contributions included in lines 1a–1f $878,384
Total Revenue from Contributions, Gifts, Grants & Similar$31,087,061
Total Program Service Revenue$28,297,817
Investment income $3,837,707
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $25,586
Net Gain/Loss on Asset Sales $3,727,828
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $66,975,999

Grants Recieved

Over the last fiscal year, we have identified 23 grants that University School has recieved totaling $1,338,543.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$646,000
Katherine And Lee Chilcote Foundation

Cleveland Heights, OH

PURPOSE: CHARITABLE

$210,000
Cleveland Foundation

Cleveland, OH

PURPOSE: CLASS OF 1957 ENDOWMENT FOR TEACHING EXCELLENCE

$102,423
The Philanthropy Roundtable Inc

Washington, DC

PURPOSE: SIMON-DEVOS PRIZE

$100,000
Goldman Sachs Charitable Gift Fund

New York, NY

PURPOSE: SCHOLARSHIPS & FINANCIAL AID

$50,000
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$50,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$82,131,058
Earnings$24,219,797
Net Contributions$1,062,067
Other Expense$4,836,213
Ending Balance$102,576,709

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