Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1972.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
84 cents of each dollar spent went to programs.
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
31 people listed on the 990; $1.2M paid to officers and key staff.
Julianne Puente’s $367K as Head of School is at the 76th 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 | FY2020 |
|---|---|---|---|---|---|---|
| Julianne Puente | $367,203 | $361,340 | $352,137 | $345,838 | $239,993 | — |
| Andrew Watson | — | — | — | — | $311,914 | $361,157 |
| Bruce Orem | — | — | $101,538 | $215,572 | $227,354 | $202,500 |
| Shawn Ricketts | $197,930 | $192,866 | $114,915 | — | — | — |
| Stephanie Levy-Lipkowtiz | — | $142,804 | — | — | — | — |
| Stephanie Levy-Lipkowitz | $141,717 | — | $140,473 | $137,418 | $141,036 | $133,508 |
| Nancy Parker | — | — | — | — | — | $141,196 |
| Christine Lenhart | $137,927 | $135,769 | $129,046 | $120,569 | $125,263 | $113,160 |
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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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
Operates an independent, coeducational day school and a six-week summer program to provide diverse educational opportunities for local youth.
Questions for Albuquerque Academy
Your first name shows with your question. Albuquerque Academy answers here, for everyone.
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Albuquerque academy is a nationally recognized independent, college preparatory day school that serves a diverse student body in grades six through twelve. The school offers educational programs that promote a passion for lifelong learning, foster creativity and connection, and encourage community service. See schedule o.
Albuquerque academy offers a six-week summer program that provided educational opportunities to 1,328 students during the fiscal year ending june 30, 2023. See schedule o.
Albuquerque academy has partnered with sage dining services to provide food service to the on-campus dining halls. Sage focuses on safety, quality service, community, nutrition, education, sustainability, and delicious food made from scratch using seasonal and locally-sourced ingredients when available. See schedule o.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $2.8M | $7.9M |
| InvestmentsLn 11–13 | $46.8M | $37.3M |
| Land, buildings, equipmentLn 10c | $29.9M | $33.2M |
| Total assetsLn 16 | $147.3M | $150.5M |
| LiabilitiesLn 26 | $69.7M | $70.6M |
| Net assetsLn 32 | $77.6M | $80.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $623K | $304K | $254K | $65K |
| Other salaries and wagesLn 7 | $18.2M | $15.9M | $1.9M | $384K |
| Pension plan contributionsLn 8 | $820K | $724K | $85K | $11K |
| Other employee benefitsLn 9 | $3.4M | $3.2M | $105K | $21K |
| Payroll taxesLn 10 | $1.3M | $1.2M | $140K | $28K |
| Legal feesLn 11b | $93K | $93K | ||
| Accounting feesLn 11c | $161K | $161K | ||
| Investment management feesLn 11f | $871K | $871K | ||
| Other fees for servicesLn 11g | $661K | $392K | $249K | $20K |
| Advertising and promotionLn 12 | $282K | $145K | $128K | $9K |
| Office expensesLn 13 | $1.0M | $765K | $207K | $57K |
| Information technologyLn 14 | $735K | $441K | $267K | $27K |
| OccupancyLn 16 | $1.3M | $1.1M | $106K | $19K |
| TravelLn 17 | $583K | $416K | $164K | $2K |
| Conferences, conventions and meetingsLn 19 | $208K | $57K | $137K | $14K |
| InterestLn 20 | $1.2M | $1.1M | $98K | $20K |
| Depreciation, depletion and amortizationLn 22 | $2.6M | $2.4M | $164K | $39K |
| InsuranceLn 23 | $514K | $467K | $39K | $8K |
| Other expenses (24a–d)Ln 24 | $2.7M | $2.6M | $85K | $15K |
| Total functional expensesLn 25 | $37.2M | $31.2M | $5.3M | $740K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $45.5M | $44.6M | $933K | $92.9M | 990 PDF |
| FY2024 | $38.1M | $37.9M | $232K | $86.3M | 990 PDF |
| FY2023 Viewing | $34.4M | $37.2M | −$2.8M | $80.0M | 990 PDF |
| FY2022 | $36.2M | $35.6M | $657K | $77.6M | 990 PDF |
| FY2021 | $34.2M | $32.2M | $2.0M | $94.5M | 990 PDF |
| FY2020 | $33.0M | $33.2M | −$256K | $71.5M | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $34,426,466 revenue, 12 lines filed
Part VI · Governance 23 of 23 board members independent, no flags
Part VIII · Statement of revenue $34,426,466 across 10 lines filed
Part IX · Statement of functional expenses $37,197,224 across 19 lines filed
Part X · Balance sheet $150,525,848 assets, 20 lines filed
Part XI · Reconciliation of net assets $79,969,519 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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