Berkeley-Carroll Street School: FY2021 Nonprofit Profile & Form 990 (EIN 11-2611384)

Revenue by fiscal year
FY2021	$51.3M
FY2022	$60.3M
FY2023	$61.4M
FY2024	$63.9M
FY2025	$67.8M

Expenses by fiscal year
FY2021	$49.0M
FY2022	$52.3M
FY2023	$57.7M
FY2024	$62.8M
FY2025	$66.2M

Net assets by fiscal year
FY2021	$46.4M
FY2022	$50.7M
FY2023	$53.7M
FY2024	$57.4M
FY2025	$60.8M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1983.

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

Where the money goes

89 cents of each dollar spent went to programs.

89%

Program services 89% · $43.8M Management & general 8% · $3.7M Fundraising 3% · $1.5M

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

Something off? Claim to fix it

Who runs it and what they're paid

37 people listed on the 990; $2.9M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII

Lisa Waller

Head of School

$639,719Pt VII · Sec A

Arunie Dias

Chief Financial Officer

$262,749Pt VII · Sec A

Brandon Clarke

Assistant Head of School

$231,635Pt VII · Sec A

Jane Moore

Director of Upper School

$226,172Pt VII · Sec A

Amanda Pike

Director of Lower School

$199,471Pt VII · Sec A

Linda Adams

Dir. of Strategic Communication

$189,026Pt VII · Sec A

Carolyn Middleton

Dir. of College Counselling

$180,907Pt VII · Sec A

Brandie Melendez-Pinti

Dir. of Diversity and Inclusion

$178,417Pt VII · Sec A

Lisa Waller PHD’s $760K as Head of School is at the 97th 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
Lisa Waller PHD	$760,310	$728,536	—	—	—
Lisa Waller	—	—	$700,458	$612,258	$639,719
Karen Benson	$291,351	$281,116	$262,528	$105,660	—
Arunie Dias	—	—	—	$268,975	$262,749
Brandie Melendez-Pinti	$268,770	$253,461	$220,165	$189,423	$178,417
Jane Moore	$255,022	$249,384	$249,796	$235,522	$226,172
Yabome Kabia Casper	$244,647	$217,037	$204,831	$184,752	$176,393
Stephen Mak PHD	$237,633	$228,625	—	—	—

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 Berkeley-Carroll Street School executive salaries →

On this list? Claim this org

Something off? Claim to fix it

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 preschool through 12th grade with a rigorous curriculum and active civic life.

Questions for Berkeley-Carroll Street School

Tap to ask. Berkeley-Carroll Street School sees how many people are interested.

Your first name shows with your question. Berkeley-Carroll Street School answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $43.8M · in their own filed words · FY2020

01

The berkeley carroll school provides primary and secondary education to its students from preschool through twelfth grade. The school had 975 students in the fy 2020/2021.

$43.5Mprogram expense

02

The school operates an athletic center that offers afterschool and weekend gym and swimming classes to its students and the community.

$170Kprogram expense

03

The school offers two summer programs that run from july through august of each year. Enrollment for both programs totaled 110 children in the fy 2020/2021 year.

$139Kprogram 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

The Chicago Community TrustFY2024$200K

Fidelity Investments Charitable Gift FundFY2024$114K

Vanguard Charitable Endowment ProgramFY2024$96K

National Philanthropic TrustFY2024$88K

Donor Advised Charitable Giving INCFY2024$58K

Tides FoundationFY2024$50K

American Online Giving Foundation INCFY2024$12K

Gs Donor Advised Philanthropy Fund for Wealth Management INCFY2024$11K

Total grants receivedfrom 13 funders$663K

See all 13 funders →

Grants paid · 5 grants · $48.2M · 2020–2024

Unitemized GrantFY2024$10,860,698

Unitemized GrantFY2023$10,270,041

Unitemized GrantFY2022$9,445,214

Unitemized GrantFY2021$8,793,637

Unitemized GrantFY2020$8,820,917

By the numbers

The FY2021 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$51.3M

Ln 12

Fees for servicesLn 2g$48.9M

Gifts and grantsLn 1h$2.1M

Investment incomeLn 3$354K

Money outPt IX

$49.0M

Ln 25

Programscol B$43.8M

Managementcol C$3.7M

Fundraisingcol D$1.5M

Owns and owesPt X

$46.4M

net assets · Ln 32

Cash and savingsLn 1–2$16.6M

Total assetsLn 16$91.5M

LiabilitiesLn 26$45.1M

PeoplePt VI, VII

37

listed · VII A

PaidVII A13

Voting boardVI 1a24

IndependentVI 1b24

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$2.1M

Government grantsLn 1e$523K

Noncash giftsLn 1g$297K

Fees for servicesLn 2g$48.9M

Investment incomeLn 3$354K

Total revenueLn 12$51.3M

Assets in detailPt X, end of year

CashLn 1$3.4M

SavingsLn 2$13.2M

Cash and savings togetherLn 1–2$16.6M

InvestmentsLn 11–13$21.8M

Land, buildings, equipmentLn 10c$52.1M

Other assetsLn 15$18K

Total assetsLn 16$91.5M

LiabilitiesLn 26$45.1M

Net assetsLn 32$46.4M

OperationsPt I, VI

EmployeesI 5541

VolunteersI 6286

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 FY21	End FY21
Cash and savingsLn 1–2	$17.2M	$16.6M
InvestmentsLn 11–13	$12.3M	$21.8M
Land, buildings, equipmentLn 10c	$54.5M	$52.1M
Total assetsLn 16	$85.6M	$91.5M
LiabilitiesLn 26	$45.2M	$45.1M
Net assetsLn 32	$40.4M	$46.4M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic individualsLn 2	$8.8M	$8.8M
Pay of current officers, directors and key staffLn 5	$2.4M	$2.2M	$102K	$86K
Other salaries and wagesLn 7	$21.5M	$19.8M	$928K	$776K
Pension plan contributionsLn 8	$1.1M	$986K	$62K	$56K
Other employee benefitsLn 9	$1.9M	$1.7M	$69K	$77K
Payroll taxesLn 10	$1.7M	$1.5M	$64K	$63K
Legal feesLn 11b	$137K	$94K	$43K
Accounting feesLn 11c	$69K	$7K	$59K	$3K
Other fees for servicesLn 11g	$421K	$159K	$252K	$10K
Office expensesLn 13	$592K	$510K	$46K	$35K
Information technologyLn 14	$908K	$769K	$98K	$40K
OccupancyLn 16	$614K	$524K	$72K	$18K
TravelLn 17	$1.1M	$1.1M	$120	$482
InterestLn 20	$1.0M	$771K	$219K	$55K
Depreciation, depletion and amortizationLn 22	$2.9M	$2.2M	$589K	$147K
InsuranceLn 23	$376K	$282K	$75K	$19K
Other expenses (24a–d)Ln 24	$3.5M	$2.4M	$1.0M	$69K
All other expensesLn 24e	$106K	$44K	$50K	$13K
Total functional expensesLn 25	$49.0M	$43.8M	$3.7M	$1.5M

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$67.8M	$66.2M	$1.6M	$60.8M	990 PDF
FY2024	$63.9M	$62.8M	$1.1M	$57.4M	990 PDF
FY2023	$61.4M	$57.7M	$3.7M	$53.7M	990 PDF
FY2022	$60.3M	$52.3M	$8.0M	$50.7M	990 PDF
FY2021 Viewing	$51.3M	$49.0M	$2.3M	$46.4M	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2021 990 (6 parts)

Part I · Summary $51,277,575 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $2,117,875$2,052,232

I-9 Program service revenuePrior year $48,441,469$48,908,615

I-10 Investment incomePrior year $420,557$354,368

I-11 Other revenuePrior year −$445,446−$37,640

I-12 Total revenuePrior year $50,534,455$51,277,575

I-13 Grants and similar amounts paidPrior year $8,440,123$8,820,917

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

I-15 Salaries and benefitsPrior year $27,611,860$28,439,984

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

I-17 Other expensesPrior year $10,507,705$11,725,861

I-18 Total expensesPrior year $46,559,688$48,986,762

I-19 Revenue less expensesPrior year $3,974,767$2,290,813

Part VI · Governance 24 of 24 board members independent, no flags

VI-1a Voting members of the governing body24

VI-1b Independent voting members24

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 $51,277,575 across 9 lines filed

VIII-1e Government grants$522,835

VIII-1f All other contributions, gifts and grants$1,529,397

VIII-1g Noncash contributions (included above)$297,358

VIII-1h Total contributions, gifts and grants$2,052,232

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $48,908,615$48,908,615

VIII-3 Investment incomeExcluded from tax $354,368$354,368

VIII-6 Net rental income or lossExcluded from tax −$102,971−$102,971

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $65,331$65,331

VIII-12 Total revenueRelated to mission $48,908,615 · Unrelated business $0 · Excluded from tax $316,728$51,277,575

Part IX · Statement of functional expenses $48,986,762 across 18 lines filed

IX-2 Grants to domestic individualsPrograms $8,820,917$8,820,917

IX-5 Pay of current officers, directors and key staffPrograms $2,178,895 · Management $102,419 · Fundraising $85,622$2,366,936

IX-7 Other salaries and wagesPrograms $19,752,193 · Management $928,449 · Fundraising $776,179$21,456,821

IX-8 Pension plan contributionsPrograms $986,374 · Management $61,810 · Fundraising $56,272$1,104,456

IX-9 Other employee benefitsPrograms $1,707,231 · Management $68,821 · Fundraising $77,322$1,853,374

IX-10 Payroll taxesPrograms $1,531,071 · Management $64,056 · Fundraising $63,270$1,658,397

IX-11b Legal feesPrograms $94,464 · Management $42,723$137,187

IX-11c Accounting feesPrograms $6,925 · Management $58,862 · Fundraising $3,463$69,250

IX-11g Other fees for servicesPrograms $159,226 · Management $251,691 · Fundraising $9,890$420,807

IX-13 Office expensesPrograms $510,158 · Management $46,026 · Fundraising $35,331$591,515

IX-14 Information technologyPrograms $768,975 · Management $98,367 · Fundraising $40,451$907,793

IX-16 OccupancyPrograms $523,910 · Management $71,695 · Fundraising $17,924$613,529

IX-17 TravelPrograms $1,088,404 · Management $120 · Fundraising $482$1,089,006

IX-20 InterestPrograms $771,484 · Management $219,450 · Fundraising $54,861$1,045,795

IX-22 Depreciation, depletion and amortizationPrograms $2,163,811 · Management $589,114 · Fundraising $147,278$2,900,203

IX-23 InsurancePrograms $281,981 · Management $75,195 · Fundraising $18,800$375,976

IX-24 Other expenses (24a–d)Programs $2,384,640 · Management $1,014,647 · Fundraising $69,218$3,468,505

IX-24e All other expensesPrograms $43,679 · Management $50,050 · Fundraising $12,566$106,295

IX-25 Total functional expensesPrograms $43,774,338 · Management $3,743,495 · Fundraising $1,468,929$48,986,762

Part X · Balance sheet $91,518,081 assets, 18 lines filed

X-1 Cash, non-interest-bearingStart of year $1,698,611$3,394,482

X-2 Savings and temporary cash investmentsStart of year $15,461,067$13,162,764

X-3 Pledges and grants receivableStart of year $417,377$339,299

X-4 Accounts receivableStart of year $662,762$132,986

X-9 Prepaid expenses and deferred chargesStart of year $537,739$595,966

X-10c Land, buildings and equipment, netStart of year $54,513,372$52,106,619

X-11 Publicly traded securitiesStart of year $12,267,978$21,767,742

X-15 Other assetsStart of year $12,840$18,223

X-16 Total assetsStart of year $85,571,746$91,518,081

X-17 Accounts payable and accrued expensesStart of year $3,248,274$3,224,445

X-19 Deferred revenueStart of year $7,718,758$8,653,488

X-20 Tax-exempt bond liabilitiesStart of year $21,927,183$26,080,241

X-25 Other liabilitiesStart of year $2,111,977$5,201,688

X-26 Total liabilitiesStart of year $45,219,919$45,105,747

X-27 Net assets without donor restrictionsStart of year $32,790,582$37,370,412

X-28 Net assets with donor restrictionsStart of year $7,561,245$9,041,922

X-32 Total net assets or fund balancesStart of year $40,351,827$46,412,334

X-33 Total liabilities and net assetsStart of year $85,571,746$91,518,081

Part XI · Reconciliation of net assets $46,412,334 net assets at year end

XI-1 Total revenue$51,277,575

XI-2 Total expenses$48,986,762

XI-3 Revenue less expenses$2,290,813

XI-4 Net assets at start of year$40,351,827

XI-5 Net unrealized gains (losses) on investments$3,217,585

XI-9 Other changes in net assets$552,109

XI-10 Net assets at end of year$46,412,334

Form 990 e-file (XML) FY2021 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

Berkeley-Carroll Street School FY2021 filing

Before you give