Gilman School Inc

Organization Overview

Gilman School Inc, operating under the name Gilman School, is located in Baltimore, MD. The organization was established in 1972. 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, Gilman School employed 359 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gilman 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 06/2020, Gilman School generated $38.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $45.4m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

GILMAN SCHOOL IS A DIVERSE COMMUNITY DEDICATED TO EDUCATING BOYS IN MIND, BODY AND SPIRIT THROUGH PARTICULAR EMPHASIS UPON ACADEMIC EXCELLENCE, ATHLETIC PARTICIPATION AND AESTHETIC APPRECIATION. GILMAN SEEKS TO PRODUCE MEN OF CHARACTER AND INTEGRITY WHO HAVE THE SKILLS AND ABILITY TO MAKE A POSITIVE CONTRIBUTION TO THE COMMUNITIES IN WHICH THEY LIVE AND WORK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDING EDUCATION FOR APPROXIMATELY 1,000 STUDENTS OF THE LOWER, MIDDLE AND UPPER GRADES (K THROUGH 12).


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Riparius Construction Inc
Construction
$903,821
Compass Group Usa
Dining Services
$857,030
Power & Combustion Inc
Boilers & Cooling Tower Replacement/rep
$351,725
Comprehensive Buildings Service Inc
Cleaning
$318,066
Venable Llp
Legal Services
$238,047
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$6,502,566
Investment income -$24,524
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $136,037
Miscellaneous Revenue$0
Total Revenue $38,036,593

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Gilman School Inc has recieved totaling $53,000.

Awarding OrganizationAmount
$50,000
Foundation For The Promotion Of Individual Opportunity Inc

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$3,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$135,971,634
Earnings$48,410,022
Net Contributions$1,895,043
Other Expense$6,142,537
Ending Balance$180,134,162

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