Marshall School
- Assets
- $18.2m
- Revenue
- $10.7m
- Investments
- $32.1k
- Employees
- 173
- Location
- Duluth, MN
- Founding
- 11/1976
- Data as of
- 06/2023
- EIN
- 41-0765672
Organization Overview
Marshall School is located in Duluth, MN. The organization was established in 1976. 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 06/2023, Marshall School employed 173 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marshall 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 06/2023, Marshall School generated $10.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $10.9m during the year ending 06/2023. While expenses have increased by 2.0% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
INSPIRING LIFELONG LEARNERS TO EMBRACE CHALLENGE AND CREATE POSITIVE CHANGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARSHALL SCHOOL IS A PRIVATE INDEPENDENT COLLEGE PREPARATORY SCHOOL IN DULUTH, MINNESOTA, EDUCATING STUDENTS IN KINDERGARTEN THROUGH 12TH GRADE. IN ADDITION TO SERVING LEARNERS FROM THROUGHOUT THE REGION, WE OFFER A COMPLETE INTERNATIONAL BOARDING PROGRAM FOR STUDENTS FROM AROUND THE WORLD. ENROLLMENT DURING 2022/2023 SCHOOL YEAR WAS 444.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Pierce President | OfficerTrustee | 2 | $0 |
Nels Ojard Vice Preside | OfficerTrustee | 2 | $0 |
Andrea Schokker Secretary | OfficerTrustee | 2 | $0 |
David Pollard Treasurer | OfficerTrustee | 2 | $0 |
Patrick Johns Trustee | Trustee | 2 | $0 |
Kristina D'allaird Trustee | Trustee | 2 | $0 |
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 | $782,004 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $782,004 |
| Total Program Service Revenue | $9,542,071 |
| Investment income | $152,781 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $39,913 |
| Net Gain/Loss on Asset Sales | $128,792 |
| Net Income from Fundraising Events | $54,002 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,726,880 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,454,389 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $409,215 |
| Compensation of current officers, directors, key employees. | $409,215 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,799,270 |
| Pension plan accruals and contributions | $136,677 |
| Other employee benefits | $744,929 |
| Payroll taxes | $296,934 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,310 |
| Fees for services: Accounting | $31,120 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,642 |
| Fees for services: Other | $57,967 |
| Advertising and promotion | $0 |
| Office expenses | $163,255 |
| Information technology | $109,761 |
| Royalties | $0 |
| Occupancy | $457,738 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $57,092 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $583,198 |
| Insurance | $58,171 |
| All other expenses | $232,715 |
| Total functional expenses | $10,913,783 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$73,912 |
| Savings and temporary cash investments | $2,346,100 |
| Pledges and grants receivable | $37,750 |
| Accounts receivable, net | $233,307 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $34,491 |
| Inventories for sale or use | $5,305 |
| Prepaid expenses and deferred charges | $154,186 |
| Net Land, buildings, and equipment | $5,595,792 |
| Investments—publicly traded securities | $7,154,522 |
| Investments—other securities | $32,068 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,672,014 |
| Total assets | $18,191,623 |
| Accounts payable and accrued expenses | $862,542 |
| Grants payable | $0 |
| Deferred revenue | $2,145,037 |
| Tax-exempt bond liabilities | $1,759,243 |
| 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 | $2,619,309 |
| Total liabilities | $7,386,131 |
| Net assets without donor restrictions | $4,617,644 |
| Net assets with donor restrictions | $6,187,848 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $18,191,623 |