Mackintosh Academy

Tax-deductible

Boulder, CO501(c)(3)Since 1977EducationEIN 84-0747083

Private school for gifted and talented students in Littleton and Boulder, Colorado.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
Run by 148 volunteers and 101 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
5 of 6
filings with a surplus
Average surplus $291K a year · 4% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$804K
to officers and key staff · 9% of spending
Top officer’s pay higher than 82% of similar orgs
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $281K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$10.1M
63% of total assets
Fine: liabilities are 63% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.3M
-0.2% vs prior year
Spent
$9.0M
To programs
80%
Net assets
$6.0M
By yearFY2020–FY2025
Revenue
$9.3M
FY2025-0.2%
Revenue by fiscal year
FY2020$6.6M
FY2021$8.1M
FY2022$8.2M
FY2023$8.3M
FY2024$9.3M
FY2025$9.3M
Expenses
$9.0M
FY2025▲ +2%
Expenses by fiscal year
FY2020$6.4M
FY2021$7.1M
FY2022$8.0M
FY2023$8.5M
FY2024$8.9M
FY2025$9.0M
Net assets
$6.0M
FY2025▲ +6%
Net assets by fiscal year
FY2020$4.1M
FY2021$5.1M
FY2022$5.2M
FY2023$5.1M
FY2024$5.6M
FY2025$6.0M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1979.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $7.2M Management & general 17% · $1.5M Fundraising 4% · $325K

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

Who runs it and what they're paid

10 people listed on the 990; $804K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Previous Head of School- Littleton
$199,041Pt VII · Sec A
Head of School- Boulder
$125,408Pt VII · Sec A
Previous Assistant Head of School- Littleton
$105,143Pt VII · Sec A
Ms Director- Boulder
$101,167Pt VII · Sec A
Director of Fundraising- Littleton
$100,895Pt VII · Sec A
Previous Interim Head of School- Boulder
$95,000Pt VII · Sec A
Interim Head of School- Littleton
$77,778Pt VII · Sec A
Chair- Boulder
$0Pt VII · Sec A

Elizabeth Steklac’s $199K as Previous Head of School- Littleton is at the 82nd percentile of top reported officer pay among 3395 $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
James Morrow- Head of——$301,508———
James Morrow———$239,000$231,076$212,568
Elizabeth Steklac$199,041—————
Dianne Dunne———$183,886$163,453$155,772
Katie Christensen Interim—$174,305————
Jessica Dauchy—$141,359$126,648———
Stephanie Deitz$125,408—————
Elizabeth Steklac—$123,422————

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 Mackintosh Academy 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

Educates gifted and talented students in private schools in Littleton and Boulder.

Provided by the organization

This section is blank until Mackintosh Academy claims this page.

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1 program service account for $7.2M of program spending, described in the organization's own filed words · FY2024.
01

Mackintosh academy (the academy, we, us, our) opened in 1977 as the first private academy in colorado to recognize the unique needs of gifted children. Committed to providing the community a rich resource for gifted children, we have two campuses with two separate LLC'S: our first campus located on three acres in south littleton…

$7.2Mprogram expense

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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 7 funders →
Grants paid · 6 grants · $6.7M · 2019–2024
Unitemized GrantFY2024$903,850
Unitemized GrantFY2023$1,361,115
Unitemized GrantFY2022$1,194,452
Unitemized GrantFY2021$1,151,820
Unitemized GrantFY2020$1,033,100
Unitemized GrantFY2019$1,006,071

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$9.3M
Ln 12
Fees for servicesLn 2g$8.5M
Gifts and grantsLn 1h$589K
Investment incomeLn 3$139K
Money outPt IX
$9.0M
Ln 25
Programscol B$7.2M
Managementcol C$1.5M
Fundraisingcol D$325K
Owns and owesPt X
$6.0M
net assets · Ln 32
Cash and savingsLn 1–2$2.8M
Total assetsLn 16$16.1M
LiabilitiesLn 26$10.1M
PeoplePt VI, VII
10
listed · VII A
PaidVII A7
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$589K
Noncash giftsLn 1g$9K
Fundraising eventsLn 1c$145K
Fees for servicesLn 2g$8.5M
Investment incomeLn 3$139K
Other incomeLn 4–11$44K
Gains on assetsLn 7$2K
Total revenueLn 12$9.3M
Assets in detailPt X, end of year
CashLn 1$268K
SavingsLn 2$2.6M
Cash and savings togetherLn 1–2$2.8M
InvestmentsLn 11–13$2.4M
Land, buildings, equipmentLn 10c$5.9M
Other assetsLn 15$192K
Total assetsLn 16$16.1M
LiabilitiesLn 26$10.1M
Net assetsLn 32$6.0M
OperationsPt I, VI
EmployeesI 5101
VolunteersI 6148
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 FY25End FY25
Cash and savingsLn 1–2$3.2M$2.8M
InvestmentsLn 11–13$2.1M$2.4M
Land, buildings, equipmentLn 10c$6.1M$5.9M
Total assetsLn 16$16.7M$16.1M
LiabilitiesLn 26$11.1M$10.1M
Net assetsLn 32$5.6M$6.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$904K$904K
Pay of current officers, directors and key staffLn 5$844K$436K$380K$28K
Other salaries and wagesLn 7$3.8M$3.3M$298K$177K
Pension plan contributionsLn 8$175K$147K$21K$7K
Other employee benefitsLn 9$813K$709K$84K$20K
Payroll taxesLn 10$377K$305K$55K$17K
Legal feesLn 11b$33K$33K
Accounting feesLn 11c$119K$119K
Investment management feesLn 11f$6K$6K
Other fees for servicesLn 11g$223K$94K$117K$12K
Advertising and promotionLn 12$74K$23K$38K$12K
Office expensesLn 13$108K$71K$31K$6K
Information technologyLn 14$93K$47K$43K$4K
OccupancyLn 16$305K$234K$60K$11K
InterestLn 20$97K$79K$15K$4K
Depreciation, depletion and amortizationLn 22$296K$239K$44K$12K
InsuranceLn 23$112K$112K
Other expenses (24a–d)Ln 24$654K$567K$71K$16K
Total functional expensesLn 25$9.0M$7.2M$1.5M$325K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $9.3M$9.0M$214K$6.0M 990 PDF
FY2024 $9.3M$8.9M$385K$5.6M 990 PDF
FY2023 $8.3M$8.5M−$209K$5.1M 990 PDF
FY2022 $8.2M$8.0M$184K$5.2M 990 PDF
FY2021 $8.1M$7.1M$984K$5.1M 990 PDF
FY2020 $6.6M$6.4M$187K$4.1M 990 PDF

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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 FY2025 990 (4 parts)
Part VIII · Statement of revenue $9,252,992 across 9 lines filed
Lines not itemized here account for $8,530 of total revenue; see the IRS return.
VIII-1c Fundraising events$145,388
VIII-1f All other contributions, gifts and grants$443,897
VIII-1g Noncash contributions (included above)$8,674
VIII-1h Total contributions, gifts and grants$589,285
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $8,481,246$8,481,246
VIII-3 Investment incomeExcluded from tax $136,843$136,843
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,979$1,979
VIII-8 Net income from fundraising eventsExcluded from tax $35,109$35,109
VIII-12 Total revenueRelated to mission $8,489,776 · Unrelated business $0 · Excluded from tax $173,931$9,252,992
Part IX · Statement of functional expenses $9,039,416 across 18 lines filed
IX-2 Grants to domestic individualsPrograms $903,850$903,850
IX-5 Pay of current officers, directors and key staffPrograms $436,205 · Management $379,590 · Fundraising $28,116$843,911
IX-7 Other salaries and wagesPrograms $3,332,834 · Management $298,161 · Fundraising $177,411$3,808,406
IX-8 Pension plan contributionsPrograms $147,306 · Management $20,616 · Fundraising $6,917$174,839
IX-9 Other employee benefitsPrograms $709,301 · Management $83,711 · Fundraising $19,553$812,565
IX-10 Payroll taxesPrograms $305,096 · Management $55,182 · Fundraising $16,886$377,164
IX-11b Legal feesManagement $32,709$32,709
IX-11c Accounting feesManagement $119,201$119,201
IX-11f Investment management feesManagement $5,826$5,826
IX-11g Other fees for servicesPrograms $94,066 · Management $116,925 · Fundraising $11,741$222,732
IX-12 Advertising and promotionPrograms $23,201 · Management $38,188 · Fundraising $12,159$73,548
IX-13 Office expensesPrograms $71,484 · Management $31,123 · Fundraising $5,675$108,282
IX-14 Information technologyPrograms $46,503 · Management $42,915 · Fundraising $3,507$92,925
IX-16 OccupancyPrograms $234,139 · Management $59,576 · Fundraising $10,899$304,614
IX-20 InterestPrograms $78,988 · Management $14,574 · Fundraising $3,599$97,161
IX-22 Depreciation, depletion and amortizationPrograms $239,279 · Management $44,382 · Fundraising $12,220$295,881
IX-23 InsuranceManagement $111,563$111,563
IX-24 Other expenses (24a–d)Programs $567,049 · Management $70,890 · Fundraising $16,300$654,239
IX-25 Total functional expensesPrograms $7,189,301 · Management $1,525,132 · Fundraising $324,983$9,039,416
Part X · Balance sheet $16,093,423 assets, 17 lines filed
X-1 Cash, non-interest-bearing$268,131
X-2 Savings and temporary cash investmentsStart of year $3,244,435$2,576,194
X-3 Pledges and grants receivableStart of year $29,339$6,434
X-4 Accounts receivableStart of year $4,829,761$4,654,699
X-9 Prepaid expenses and deferred chargesStart of year $128,173$120,922
X-10c Land, buildings and equipment, netStart of year $6,136,523$5,917,358
X-11 Publicly traded securitiesStart of year $2,110,320$2,357,565
X-15 Other assetsStart of year $246,772$192,120
X-16 Total assetsStart of year $16,725,323$16,093,423
X-17 Accounts payable and accrued expensesStart of year $585,697$455,387
X-19 Deferred revenueStart of year $7,690,858$7,100,997
X-25 Other liabilitiesStart of year $136,344$71,703
X-26 Total liabilitiesStart of year $11,080,309$10,113,190
X-27 Net assets without donor restrictionsStart of year $5,180,834$5,780,998
X-28 Net assets with donor restrictionsStart of year $464,180$199,235
X-32 Total net assets or fund balancesStart of year $5,645,014$5,980,233
X-33 Total liabilities and net assetsStart of year $16,725,323$16,093,423
Part XI · Reconciliation of net assets $5,980,233 net assets at year end
XI-1 Total revenue$9,252,992
XI-2 Total expenses$9,039,416
XI-3 Revenue less expenses$213,576
XI-4 Net assets at start of year$5,645,014
XI-5 Net unrealized gains (losses) on investments$111,880
XI-9 Other changes in net assets$9,763
XI-10 Net assets at end of year$5,980,233

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

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