EIN 04-2103579

Phillips Academy

IRS 501(c) type
501(c)(3)
Num. employees
1,056
Year formed
1778
Most recent tax filings
2022-06-01
NTEE code, primary
Description
Founded in 1778, Phillips Academy is an independent, coeducational, boarding high school serving a diverse community of 1,100 students who come from across the country and around the world.
Also known as...
Trustees of Phillips Academy
Total revenues
$241,100,696
2022
Total expenses
$142,673,387
2022
Total assets
$1,868,875,809
2022
Num. employees
1,056
2022

Program areas at Phillips Academy

Education, 1,187 students - regular session grades 9 - 12: Phillips Academy is a residential secondary school which seeks students of intelligence and integrity from diverse cultural, racial, socioeconomic and geographic backgrounds. The school's residential structure enables faculty to support students in their personal, social and intellectual development. The academic program fosters excellence in all disciplines within the liberal arts tradition. Faculty members guide students in mastering skills, acquiring knowledge and thinking critically, creatively and independently. The school strives to help young people achieve their potential not only intellectually, but also artistically, athletically and morally, so that they may lead responsible and fulfilling lives. The Academy is committed to establishing an environment that encourages people of diverse backgrounds and beliefs to understand and respect one another and to be sensitive to the differences of gender, ethnicity, class and sexual orientation. In its programs the school seeks to promote a balance of leadership, cooperation and service, together with a deeper awareness of the global community and natural world. Andover's 1778 constitution charges the Academy to prepare "youth from every quarter" to aspire equally to knowledge and goodness. This obligation challenges students in mind, body and spirit to see beyond themselves and to go beyond the familiar; to remain committed to developing what is finest in themselves and others, for others and themselves.
Education, 102 students - mathematics and science for minority students (ms) 2: (ms) 2, founded in 1977, offers african american, latino and native american public school students from targeted regions across the united states the opportunity to immerse themselves in the study of mathematics and science for three consecutive summers at Phillips Academy. The program is free to all students accepted and includes travel to and from andover. Students begin the program the summer following 9th grade; therefore, they must be in 9th grade when they apply. The program provides the scholars with rigorous challenges in order to prepare them better for college and careers in engineering, science, medicine, computers and other technical fields.
Education, 384 students and 234 e-summer students - summer session: the summer session offers its students intensive academic enrichment through a variety of on-campus and virtual programs. Its flagship on-campus program, a five-week residential experience, is characterized by demanding classes, engaging recreational afternoon activities, social events, and cultural opportunities, as well as welcoming dormitories, all of which are designed to prepare students in grades 7 - 12 for secondary school and collegiate residential life. In addition, the fully-virtual e-summer program offers students from around the globe an opportunity to engage meaningfully with talented faculty in a personalized, mastery-based experience, combining synchronous class sessions and 1:1 learning conferences with asynchronous, self-paced online learning. In keeping with one of the Academy's ideals "to be a private school with a public purpose," summer session strives yearly to use its financial aid budget in order to offer the experience to as many qualified and deserving applicants as possible. Summer session works cooperatively with other programs such as minds matter, the eos foundation, reach memphis, the wight foundation, and others to identify scholars "from every quarter" to sponsor for this summer opportunity. Finally, summer session serves as the umbrella for the other outreach programs that work directly with students during the summer, both on-campus and virtually, making sure that they receive appropriate support, have access to Academy resources, and share as fully as possible in the summer community.

Who funds Phillips Academy

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$2,376,851
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$2,376,851
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$916,150
...and 172 more grants received totalling $11,424,580

Personnel at Phillips Academy

NameTitleCompensation
Fernando R AlonsoAssistant Head of School for Opns and Finance$304,266
Amy PatelDean Health and Wellness , Chief Marketing Officer / Medical Director$235,341
Jeffrey C DominaDean of Faculty$161,316
Raynard KingtonBoard Member$641,651
J Lawrence MuenchDirector of Facilities$192,895
...and 12 more key personnel

Financials for Phillips Academy

RevenuesFYE 06/2022
Total grants, contributions, etc.$43,904,998
Program services$77,519,566
Investment income and dividends$11,677,569
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$107,980,697
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$-546
Miscellaneous revenues$18,412
Total revenues$241,100,696

Form 990s for Phillips Academy

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-11990View PDF
2021-062022-07-11990View PDF
2020-062021-05-20990View PDF
2019-062020-09-16990View PDF
2018-062019-06-19990View PDF
...and 8 more Form 990s

Organizations like Phillips Academy

OrganizationLocationRevenue
Phillips Exeter Academy (PEA)Exeter, NH$231,466,382
Groton SchoolGroton, MA$61,768,419
St. Paul's School (SPS)Concord, NH$128,355,809
Brunswick SchoolGreenwich, CT$76,920,815
Kamehameha Schools (KS)Honolulu, HI$917,042,978
Loomis Chaffee School (LC)Windsor, CT$70,302,251
Choate Rosemary HallWallingford, CT$101,520,854
The Peddie SchoolHightstown, NJ$64,388,788
The Mccallie SchoolChattanooga, TN$79,356,942
Gilman SchoolBaltimore, MD$61,200,067
Data update history
February 4, 2024
Received grants
Identified 56 new grant, including a grant for $635,000 from Shelby Cullom Davis Charitable Fund
October 25, 2023
Received grants
Identified 14 new grant, including a grant for $400,000 from The Tang Fund
August 19, 2023
Received grants
Identified 116 new grant, including a grant for $400,000 from Schmertzler Family Foundation
August 6, 2023
Updated personnel
Identified 6 new personnel
July 12, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
Nonprofit Types
SchoolsK-12 schoolsCharities
Issues
Education
Characteristics
Political advocacyLobbyingOperates internationallyNational levelEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
Address
180 Main St
Andover, MA 01810
Metro area
Boston-Cambridge-Newton, MA-NH
County
Essex County, MA
Website URL
andover.edu/ 
Phone
(978) 749-4000
Facebook page
phillipsacademy 
Twitter profile
@phillipsacademy 
IRS details
EIN
04-2103579
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1778
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B25: High School
NAICS code, primary
611110: Elementary and Secondary Schools
Parent/child status
Independent
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