New Hampton School: Nonprofit Profile, Financials & Form 990 (EIN 02-0223634)

Joseph Williams’s $376K as Head of School is at the 77th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

Name	FY2025	FY2024	FY2023	FY2022	FY2021
Joseph Williams	$376,373	$364,242	$343,086	$325,250	$295,246
Jill Duncan	—	—	—	$174,495	$160,681
Kathleen Howe	$173,522	$149,515	$137,500	$13,962	—
David Perfield	$167,815	$166,354	—	—	—
Sarah Debenedictis	$158,273	$152,079	$134,972	$124,709	$127,174
William McCulloch	—	$116,598	$112,931	$109,876	—
William McCullough	—	—	—	—	$107,349
Robert Defreitas	$102,003	—	—	—	—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See New Hampton School executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates students in literature, science, and arts from high school through postgraduate studies.

Questions for New Hampton School

Tap to ask. New Hampton School sees how many people are interested.

Your first name shows with your question. New Hampton School answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $21.7M · in their own filed words · FY2024

01

A high-quality, four-year co-educational secondary level of education for residential and day students, currently serving a student body of approximately 340.

$21.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record

Grants received · FY2024

Fidelity Investments Charitable Gift FundFY2024$167K

Vanguard Charitable Endowment ProgramFY2024$131K

The Denver FoundationFY2024$106K

Donor Advised Charitable Giving INCFY2024$40K

National Philanthropic TrustFY2024$40K

The Martin FoundationFY2024$25K

American Online Giving Foundation INCFY2024$19K

Morgan Stanley Global Impact Funding Trust INCFY2024$15K

Total grants receivedfrom 15 funders$588K

See all 15 funders →

By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$28.4M

Ln 12

Fees for servicesLn 2g$23.0M

Investment incomeLn 3$3.2M

Gifts and grantsLn 1h$2.3M

Money outPt IX

$27.5M

Ln 25

Programscol B$21.7M

Managementcol C$3.9M

Fundraisingcol D$1.9M

Owns and owesPt X

$84.2M

net assets · Ln 32

Cash and savingsLn 1–2$3.7M

Total assetsLn 16$105.3M

LiabilitiesLn 26$21.1M

PeoplePt VI, VII

30

listed · VII A

PaidVII A5

Voting boardVI 1a25

IndependentVI 1b25

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$2.3M

Noncash giftsLn 1g$130K

Fundraising eventsLn 1c$69K

Fees for servicesLn 2g$23.0M

Investment incomeLn 3$3.2M

Gains on assetsLn 7$1.9M

Total revenueLn 12$28.4M

Assets in detailPt X, end of year

CashLn 1$1.2M

SavingsLn 2$2.5M

Cash and savings togetherLn 1–2$3.7M

InvestmentsLn 11–13$57.4M

Land, buildings, equipmentLn 10c$42.8M

Other assetsLn 15$889K

Total assetsLn 16$105.3M

LiabilitiesLn 26$21.1M

Net assetsLn 32$84.2M

OperationsPt I, VI

EmployeesI 5219

VolunteersI 63

Fiscal year endsHeaderJune

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY25	End FY25
Cash and savingsLn 1–2	$4.7M	$3.7M
InvestmentsLn 11–13	$52.8M	$57.4M
Land, buildings, equipmentLn 10c	$43.4M	$42.8M
Total assetsLn 16	$111.4M	$105.3M
LiabilitiesLn 26	$31.2M	$21.1M
Net assetsLn 32	$80.1M	$84.2M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic individualsLn 2	$6.4M	$6.4M
Pay of current officers, directors and key staffLn 5	$655K		$655K
Other salaries and wagesLn 7	$9.0M	$6.8M	$1.2M	$1.1M
Pension plan contributionsLn 8	$487K	$367K	$62K	$57K
Other employee benefitsLn 9	$730K	$532K	$115K	$83K
Payroll taxesLn 10	$684K	$483K	$125K	$76K
Legal feesLn 11b	$93K		$93K
Accounting feesLn 11c	$63K		$63K
Investment management feesLn 11f	$189K		$189K
Other fees for servicesLn 11g	$273K	$134K	$140K
Advertising and promotionLn 12	$163K		$40K	$123K
Office expensesLn 13	$110K		$110K
Information technologyLn 14	$319K	$243K	$55K	$22K
OccupancyLn 16	$1.2M	$1.1M	$136K	$12K
TravelLn 17	$262K		$84K	$178K
Conferences, conventions and meetingsLn 19	$20K		$20K
InterestLn 20	$307K	$269K	$34K	$3K
Depreciation, depletion and amortizationLn 22	$3.1M	$2.8M	$350K	$31K
InsuranceLn 23	$452K	$397K	$50K	$4K
Other expenses (24a–d)Ln 24	$2.2M	$2.1M	$93K	$7K
All other expensesLn 24e	$672K	$203K	$273K	$197K
Total functional expensesLn 25	$27.5M	$21.7M	$3.9M	$1.9M

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest Viewing	$28.4M	$27.5M	$978K	$84.2M	990 PDF
FY2024	$30.0M	$26.7M	$3.3M	$80.1M	990 PDF
FY2023	$28.0M	$26.4M	$1.6M	$72.2M	990 PDF
FY2022	$28.2M	$25.0M	$3.2M	$65.5M	990 PDF
FY2021	$28.2M	$24.2M	$4.0M	$70.7M	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations

See the full FY2025 990 (6 parts)

Part I · Summary $28,432,923 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $3,882,934$2,289,017

I-9 Program service revenuePrior year $22,295,857$23,008,906

I-10 Investment incomePrior year $3,877,449$3,164,086

I-11 Other revenuePrior year −$11,966−$29,086

I-12 Total revenuePrior year $30,044,274$28,432,923

I-13 Grants and similar amounts paidPrior year $5,983,550$6,404,700

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $11,279,924$11,588,831

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $9,459,344$9,461,396

I-18 Total expensesPrior year $26,722,818$27,454,927

I-19 Revenue less expensesPrior year $3,321,456$977,996

Part VI · Governance 25 of 25 board members independent, no flags

VI-1a Voting members of the governing body25

VI-1b Independent voting members25

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $28,432,923 across 9 lines filed

Lines not itemized here account for −$15,696 of total revenue; see the IRS return.

VIII-1c Fundraising events$68,760

VIII-1f All other contributions, gifts and grants$2,220,257

VIII-1g Noncash contributions (included above)$130,227

VIII-1h Total contributions, gifts and grants$2,289,017

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $23,008,906$23,008,906

VIII-3 Investment incomeExcluded from tax $1,237,200$1,237,200

VIII-7 Net gain or loss on sales of assetsRelated to mission $1,926,886$1,926,886

VIII-8 Net income from fundraising eventsExcluded from tax −$13,390−$13,390

VIII-12 Total revenueRelated to mission $24,935,792 · Unrelated business $0 · Excluded from tax $1,208,114$28,432,923

Part IX · Statement of functional expenses $27,454,927 across 21 lines filed

IX-2 Grants to domestic individualsPrograms $6,404,700$6,404,700

IX-5 Pay of current officers, directors and key staffManagement $654,755$654,755

IX-7 Other salaries and wagesPrograms $6,762,438 · Management $1,189,751 · Fundraising $1,081,340$9,033,529

IX-8 Pension plan contributionsPrograms $367,255 · Management $61,769 · Fundraising $57,489$486,513

IX-9 Other employee benefitsPrograms $531,515 · Management $115,231 · Fundraising $83,202$729,948

IX-10 Payroll taxesPrograms $483,289 · Management $125,145 · Fundraising $75,652$684,086

IX-11b Legal feesManagement $93,268$93,268

IX-11c Accounting feesManagement $62,763$62,763

IX-11f Investment management feesManagement $189,152$189,152

IX-11g Other fees for servicesPrograms $133,712 · Management $139,577$273,289

IX-12 Advertising and promotionManagement $40,119 · Fundraising $122,687$162,806

IX-13 Office expensesManagement $110,146$110,146

IX-14 Information technologyPrograms $242,553 · Management $54,803 · Fundraising $21,922$319,278

IX-16 OccupancyPrograms $1,074,656 · Management $136,380 · Fundraising $12,155$1,223,191

IX-17 TravelManagement $83,962 · Fundraising $178,322$262,284

IX-19 Conferences, conventions and meetingsManagement $19,631$19,631

IX-20 InterestPrograms $269,291 · Management $34,174 · Fundraising $3,046$306,511

IX-22 Depreciation, depletion and amortizationPrograms $2,760,201 · Management $350,286 · Fundraising $31,219$3,141,706

IX-23 InsurancePrograms $397,360 · Management $50,428 · Fundraising $4,494$452,282

IX-24 Other expenses (24a–d)Programs $2,073,138 · Management $92,948 · Fundraising $6,614$2,172,700

IX-24e All other expensesPrograms $203,285 · Management $272,543 · Fundraising $196,561$672,389

IX-25 Total functional expensesPrograms $21,703,393 · Management $3,876,831 · Fundraising $1,874,703$27,454,927

Part X · Balance sheet $105,280,694 assets, 17 lines filed

X-1 Cash, non-interest-bearingStart of year $1,348,289$1,151,629

X-2 Savings and temporary cash investmentsStart of year $3,313,782$2,500,000

X-3 Pledges and grants receivable$16,081

X-8 Inventories for sale or useStart of year $86,675$79,942

X-9 Prepaid expenses and deferred chargesStart of year $345,864$389,462

X-10c Land, buildings and equipment, netStart of year $43,408,781$42,831,143

X-11 Publicly traded securitiesStart of year $52,826,115$57,423,330

X-15 Other assetsStart of year $791,969$889,107

X-16 Total assetsStart of year $111,371,800$105,280,694

X-17 Accounts payable and accrued expensesStart of year $1,025,209$1,149,090

X-19 Deferred revenueStart of year $15,015,043$5,273,630

X-20 Tax-exempt bond liabilitiesStart of year $15,161,067$14,678,201

X-26 Total liabilitiesStart of year $31,227,287$21,100,921

X-27 Net assets without donor restrictionsStart of year $51,629,332$53,019,469

X-28 Net assets with donor restrictionsStart of year $28,515,181$31,160,304

X-32 Total net assets or fund balancesStart of year $80,144,513$84,179,773

X-33 Total liabilities and net assetsStart of year $111,371,800$105,280,694

Part XI · Reconciliation of net assets $84,179,773 net assets at year end

XI-1 Total revenue$28,432,923

XI-2 Total expenses$27,454,927

XI-3 Revenue less expenses$977,996

XI-4 Net assets at start of year$80,144,513

XI-5 Net unrealized gains (losses) on investments$3,057,264

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$84,179,773

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

New Hampton School

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid