The Spence School
Empowers diverse girls and young women for personal and global transformation. For fiscal year 2024 it reported $63.8M in revenue, $72.0M in expenses, and $342.6M in net assets.Pt I
- Founded
- 1928
- Type
- Public charity (501(c)(3)) · Education
- Location
- New York, NY
- Website
- www.spenceschool.org
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
The spence school is an independent, college preparatory day school providing an education for girls in grades kindergarten through 12.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Felicia Wilks’s $829K as Head of School is at the 98th percentile of top reported officer pay among 3682 $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 | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Ellanor N Brizendine | — | $596,820 | $740,093 | $966,344 | $930,151 | $886,860 |
| Felicia Wilks | $829,470 | $759,003 | $381,500 | — | — | — |
| Elyse Waterhouse | — | $334,280 | $560,169 | $651,356 | $531,167 | $502,267 |
| Bruce Orem | $533,604 | $492,000 | $240,000 | — | — | — |
| Karen Sullivan | $521,562 | $317,324 | $305,324 | $293,924 | $282,374 | $268,649 |
| Elizabeth Causey | $331,476 | $317,274 | $303,674 | $292,673 | $281,874 | $267,949 |
| Eric Zahler | $326,996 | $307,184 | $304,024 | $294,224 | $285,104 | $263,854 |
| Michele Murphy | $317,482 | $303,736 | $290,616 | $273,457 | $263,804 | $250,379 |
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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 84% | — | — |
| Overhead ratio | 12% | — | — |
| Fundraising cost ratio | 50% | — | — |
| Revenue growth | 1% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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