Mackintosh Academy

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

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 84-0747083) · Dispute this line
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
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
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
A surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
80%
of spending
80% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$804K
to officers and key staff · 9% of spending
Pay to officers and key staff is 9% of spending.
Part VII, Section A
3.8 mo
of spending, in cash
3.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $281K
7 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$10.1M
63% of total assets
Liabilities are 63% of assets.
Pt X · Ln 26
Independent board members
3
of 3 voting members
3 of 3 voting members are independent.
Pt VI · Ln 1a–1b
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%
Tap a bar for its year
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%
Tap a bar for its year
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%
Tap a bar for its year
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

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.

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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).

Part VII, Section A · reportable compensation
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$123,422————
Dianne Dunne———$183,886$163,453$155,772
Katie Christensen Interim—$174,305————
Jessica Dauchy—$141,359$126,648———
Stephanie Deitz$125,408—————
Sharon Munch$105,143—————

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 →

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.

Questions for Mackintosh Academy

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1 program · $7.2M · in their 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…

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 84-0747083) · Dispute this line
$7.2Mprogram 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 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$137K
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$137K
Other incomeLn 4–11$46K
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
Pledges and grants receivableLn 3$6K
Accounts receivableLn 4$4.7M
Prepaid expenses and deferred chargesLn 9$121K
Land, buildings, equipmentLn 10c$5.9M
InvestmentsLn 11–13$2.4M
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
3More from this return
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$6K
Share of the $50K endowmentSch D 1g11.7%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY25FY24FY23FY22FY21
End of yearLn 1g$50K$314K$299K$295K$332K
SpentLn 1d–1f$275K$9$9$4K$21K
4Year 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
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$904K$904K
Pay of officers and key staff (Part IX, line 5)Ln 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 ViewingFiled with the IRS Apr 9, 2026 $9.3M$9.0M$214K$6.0M 990 PDF
FY2024Filed with the IRS May 1, 2025 $9.3M$8.9M$385K$5.6M 990 PDF
FY2023Filed with the IRS Apr 29, 2024 $8.3M$8.5M−$209K$5.1M 990 PDF
FY2022Filed with the IRS May 9, 2023 $8.2M$8.0M$184K$5.2M 990 PDF
FY2021Filed with the IRS May 16, 2022 $8.1M$7.1M$984K$5.1M 990 PDF
FY2020Filed with the IRS Apr 28, 2021 $6.6M$6.4M$187K$4.1M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants J · Pay O · Explanations
See the full FY2025 990
Part I · Summary $9,252,992 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,180,738$589,285
I-9 Program service revenuePrior year $8,015,014$8,481,246
I-10 Investment incomePrior year $102,640$138,822
I-11 Other revenuePrior year −$24,160$43,639
I-12 Total revenuePrior year $9,274,232$9,252,992
I-13 Grants and similar amounts paidPrior year $1,361,115$903,850
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $5,609,321$6,016,885
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,919,099$2,118,681
I-18 Total expensesPrior year $8,889,535$9,039,416
I-19 Revenue less expensesPrior year $384,697$213,576
Part VI · Governance 3 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
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 $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 officers and key staff (Part IX, line 5)Programs $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, 18 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-23 Secured mortgages and notes payableStart of year $2,667,410$2,485,103
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 FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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