The Waldorf School of lexington nurtures each child's curiosity, ingenuity, and love of learning so that they can meet the future with wonder, confidence, and resilience.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$354K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $341K a year · 6% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$354K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 4.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
9
named funders · $145K
Looks good: 9 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.3M
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 14 voting members
Looks good: 11 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.7M
Spent
$5.2M
To programs
84%
Net assets
$3.9M
By yearFY2020–FY2025
Revenue
$4.7M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$4.7M
FY2021$4.6M
FY2022$6.2M
FY2023$5.8M
FY2024$5.7M
FY2025$5.7M
Expenses
$5.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$5.2M
FY2021$4.5M
FY2022$5.2M
FY2023$6.1M
FY2024$6.9M
FY2025$6.9M
Net assets
$3.9M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$3.9M
FY2021$4.2M
FY2022$5.0M
FY2023$4.7M
FY2024$3.5M
FY2025$2.2M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1976.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $4.3M Management & general 14% · $705K Fundraising 3% · $130K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

21 people listed on the 990; $354K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Former School Director
$114,352Pt VII · Sec A
Former Business Manager
$96,930Pt VII · Sec A
School Director
$58,131Pt VII · Sec A
Faculty Officer/Teacher
$53,236Pt VII · Sec A
Trustee/Teacher
$31,180Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A

Thomas Trigg’s $277K as Former Head of School is at the 93rd percentile of top reported officer pay among 3394 $1–10M 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Thomas Trigg$276,509$136,065————
Don Grace—————$114,352
Ellen Varney——$106,276$96,121$94,070—
Lauren Smith——$99,029$74,296$55,157$53,236
Wendy Margo————$97,988$58,131
Mike Massicotte$97,392—————
Jason Ek—————$96,930
Joseph Odonnell$79,271$75,481————

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 Waldorf School INC executive salaries →

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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

Nurtures children's curiosity, ingenuity, and love of learning for a confident future.

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Provided by the organization

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1 program · $4.3M · in their own filed words · FY2019
01

One of over 1,200 waldorf schools worldwide, WSL serves nearly 200 students from preschool through grade eight. Our program features highly trained, experienced faculty and an academic curriculum that is carefully mapped to children's social, emotional, and physical developmental stages.

$4.3Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 9 funders →
Grants paid · 1 grant · $611K · 2019–2019
Unitemized GrantFY2019$610,865

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$4.7M
Ln 12
Fees for servicesLn 2g$4.3M
Gifts and grantsLn 1h$260K
Other incomeLn 4–11$66K
Money outPt IX
$5.2M
Ln 25
Programscol B$4.3M
Managementcol C$705K
Fundraisingcol D$130K
Owns and owesPt X
$3.9M
net assets · Ln 32
Cash and savingsLn 1–2$1.8M
Total assetsLn 16$5.2M
LiabilitiesLn 26$1.3M
PeoplePt VI, VII
21
listed · VII A
PaidVII A5
Voting boardVI 1a14
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$260K
Noncash giftsLn 1g$10K
Fundraising eventsLn 1c$7K
Fees for servicesLn 2g$4.3M
Investment incomeLn 3$25K
Other incomeLn 4–11$66K
Total revenueLn 12$4.7M
Assets in detailPt X, end of year
CashLn 1$1.2M
SavingsLn 2$613K
Cash and savings togetherLn 1–2$1.8M
InvestmentsLn 11–13$726K
Land, buildings, equipmentLn 10c$2.6M
Total assetsLn 16$5.2M
LiabilitiesLn 26$1.3M
Net assetsLn 32$3.9M
OperationsPt I, VI
EmployeesI 590
VolunteersI 681
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
LineStart FY20End FY20
Cash and savingsLn 1–2$2.4M$1.8M
InvestmentsLn 11–13$696K$726K
Land, buildings, equipmentLn 10c$2.7M$2.6M
Total assetsLn 16$5.9M$5.2M
LiabilitiesLn 26$1.5M$1.3M
Net assetsLn 32$4.4M$3.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$611K$611K
Pay of current officers, directors and key staffLn 5$466K$269K$167K$31K
Other salaries and wagesLn 7$2.2M$1.9M$263K$70K
Pension plan contributionsLn 8$68K$62K$6K$313
Other employee benefitsLn 9$395K$318K$76K$1K
Payroll taxesLn 10$231K$185K$37K$9K
Legal feesLn 11b$36K$18K$18K
Accounting feesLn 11c$8K$8K
Other fees for servicesLn 11g$4K$4K
Advertising and promotionLn 12$48K$41K$7K
Office expensesLn 13$101K$82K$12K$7K
Information technologyLn 14$20K$16K$3K$768
OccupancyLn 16$421K$368K$53K
Depreciation, depletion and amortizationLn 22$149K$127K$22K
InsuranceLn 23$17K$15K$3K
Other expenses (24a–d)Ln 24$380K$339K$30K$11K
Total functional expensesLn 25$5.2M$4.3M$705K$130K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $5.7M$6.9M−$1.1M$2.2M 990 PDF
FY2024 $5.7M$6.9M−$1.2M$3.5M 990 PDF
FY2023 $5.8M$6.1M−$283K$4.7M 990 PDF
FY2022 $6.2M$5.2M$938K$5.0M 990 PDF
FY2021 $4.6M$4.5M$111K$4.2M 990 PDF
FY2020 Viewing $4.7M$5.2M−$498K$3.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $4,659,520 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $276,601$259,537
I-9 Program service revenuePrior year $4,436,509$4,308,848
I-10 Investment incomePrior year $29,469$25,464
I-11 Other revenuePrior year $151,785$65,671
I-12 Total revenuePrior year $4,894,364$4,659,520
I-13 Grants and similar amounts paidPrior year $502,261$610,865
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,397,263$3,361,441
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,137,257$1,185,336
I-18 Total expensesPrior year $5,036,781$5,157,642
I-19 Revenue less expensesPrior year −$142,417−$498,122
Part VI · Governance 11 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members11
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 $4,659,520 across 9 lines filed
Lines not itemized here account for $23,648 of total revenue; see the IRS return.
VIII-1c Fundraising events$6,525
VIII-1f All other contributions, gifts and grants$253,012
VIII-1g Noncash contributions (included above)$10,068
VIII-1h Total contributions, gifts and grants$259,537
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,308,848$4,308,848
VIII-3 Investment incomeExcluded from tax $25,464$25,464
VIII-8 Net income from fundraising eventsExcluded from tax $26,213$26,213
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $15,810$15,810
VIII-12 Total revenueRelated to mission $4,324,658 · Unrelated business $0 · Excluded from tax $75,325$4,659,520
Part IX · Statement of functional expenses $5,157,642 across 16 lines filed
IX-2 Grants to domestic individualsPrograms $610,865$610,865
IX-5 Pay of current officers, directors and key staffPrograms $268,811 · Management $166,720 · Fundraising $30,922$466,453
IX-7 Other salaries and wagesPrograms $1,867,754 · Management $262,969 · Fundraising $70,253$2,200,976
IX-8 Pension plan contributionsPrograms $61,798 · Management $6,303 · Fundraising $313$68,414
IX-9 Other employee benefitsPrograms $317,658 · Management $75,731 · Fundraising $1,192$394,581
IX-10 Payroll taxesPrograms $185,426 · Management $36,705 · Fundraising $8,886$231,017
IX-11b Legal feesPrograms $18,120 · Management $18,120$36,240
IX-11c Accounting feesManagement $7,913$7,913
IX-11g Other fees for servicesPrograms $4,070$4,070
IX-12 Advertising and promotionPrograms $41,075 · Management $7,249$48,324
IX-13 Office expensesPrograms $81,549 · Management $12,156 · Fundraising $7,285$100,990
IX-14 Information technologyPrograms $16,345 · Management $3,210 · Fundraising $768$20,323
IX-16 OccupancyPrograms $367,626 · Management $53,354$420,980
IX-22 Depreciation, depletion and amortizationPrograms $126,989 · Management $22,410$149,399
IX-23 InsurancePrograms $14,572 · Management $2,571$17,143
IX-24 Other expenses (24a–d)Programs $339,346 · Management $30,026 · Fundraising $10,582$379,954
IX-25 Total functional expensesPrograms $4,322,004 · Management $705,437 · Fundraising $130,201$5,157,642
Part X · Balance sheet $5,194,871 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $1,483,280$1,163,290
X-2 Savings and temporary cash investmentsStart of year $886,207$612,714
X-3 Pledges and grants receivableStart of year $19,500$11,412
X-8 Inventories for sale or useStart of year $55,384$63,687
X-9 Prepaid expenses and deferred chargesStart of year $3,202$3,460
X-10c Land, buildings and equipment, netStart of year $2,736,037$2,614,492
X-12 Other securitiesStart of year $695,696$725,816
X-16 Total assetsStart of year $5,901,783$5,194,871
X-17 Accounts payable and accrued expensesStart of year $50,795$57,596
X-19 Deferred revenueStart of year $1,490,203$647,359
X-25 Other liabilitiesStart of year $0$614,820
X-26 Total liabilitiesStart of year $1,540,998$1,319,775
X-27 Net assets without donor restrictionsStart of year $3,577,807$3,049,860
X-28 Net assets with donor restrictionsStart of year $782,978$825,236
X-32 Total net assets or fund balancesStart of year $4,360,785$3,875,096
X-33 Total liabilities and net assetsStart of year $5,901,783$5,194,871
Part XI · Reconciliation of net assets $3,875,096 net assets at year end
XI-1 Total revenue$4,659,520
XI-2 Total expenses$5,157,642
XI-3 Revenue less expenses−$498,122
XI-4 Net assets at start of year$4,360,785
XI-5 Net unrealized gains (losses) on investments$12,433
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,875,096

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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