The Branson School FY2022 filing

Tax-deductible

Ross, CA501(c)(3)Since 1926EducationEIN 94-0338330

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To provide an academically exceptional education to students grade 9 through 12 in a warm, supportive, and nurturing environment.

501(c)(3) charity; gifts are tax-deductible.
58¢ of each $1 spent went to programs.
$1.9M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $1.8M a year · 6% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
58%
of spending
Worth a look: 58% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.9M
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $55K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$38.4M
50% of total assets
Looks good: liabilities are 50% of assets; 50% or less.
Pt X · Ln 26
Independent board members
27
of 27 voting members
Looks good: 27 of 27 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$29.5M
+14% vs prior year
Spent
$26.2M
To programs
58%
Net assets
$38.9M
By yearFY2020–FY2024
Revenue
$29.5M
FY2022▲ +14%
Revenue by fiscal year
FY2020$22.3M
FY2021$25.9M
FY2022$29.5M
FY2023$25.9M
FY2024$34.7M
FY2024$36.7M
Expenses
$26.2M
FY2022▲ +6%
Expenses by fiscal year
FY2020$21.0M
FY2021$24.7M
FY2022$26.2M
FY2023$28.1M
FY2024$29.4M
FY2024$32.7M
Net assets
$38.9M
FY2022▼ -20%
Net assets by fiscal year
FY2020$41.9M
FY2021$48.8M
FY2022$38.9M
FY2023$40.0M
FY2024$49.1M
FY2024$57.5M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1948.

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

Where the money goes

58 cents of each dollar spent went to programs.

Program services 58% · $15.2M Management & general 37% · $9.8M Fundraising 5% · $1.2M

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

35 people listed on the 990; $1.9M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Head of School
$528,212Pt VII · Sec A
$310,102Pt VII · Sec A
Director of Studies
$220,055Pt VII · Sec A
Asst Head of School
$184,524Pt VII · Sec A
Director of Studies
$176,813Pt VII · Sec A
Director of College Counseling
$170,563Pt VII · Sec A
$165,835Pt VII · Sec A
$161,394Pt VII · Sec A

Christina K Mazzola’s $709K as Head of School is at the 96th 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

NameFY2024FY2024FY2023FY2022FY2021FY2020
Christina K Mazzola$708,689$581,545————
Christina Mazzola——$516,825$528,212$492,465—
Chris Mazzola—————$402,404
Jim Zimmerman$360,227$341,706$327,321———
David Hanson$345,971$327,953$312,330$310,102$175,768—
Nathalio Gray$248,446$229,475————
Chancellor Sims———$220,055——
Jeffrey Symonds$219,136$179,694————

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 The Branson School 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 high school students with a quality curriculum.

Provided by the organization

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1 program · $15.2M · in their own filed words · FY2021
01

The branson school maintains and conducts a secondary school for approximately 320 girls and boys in which they are provided with such instruction and education that shall be adequate for the preparation of students for admission to universities and colleges of the highest attainment.

$15.2Mprogram 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 · FY2025
Total grants receivedfrom 3 funders$55K
See all 3 funders →
Grants paid · 10 grants · $19.8M · 2019–2024
Unitemized GrantFY2024$4,356,663
Unitemized GrantFY2023$3,966,066
Unitemized GrantFY2022$3,441,961
Unitemized GrantFY2022$24,476
Unitemized GrantFY2021$2,816,630
Unitemized GrantFY2021$51,826
Unitemized GrantFY2020$2,580,582
Unitemized GrantFY2020$32,500
Unitemized GrantFY2020$31,326
Unitemized GrantFY2019$2,453,827

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$29.5M
Ln 12
Fees for servicesLn 2g$18.5M
Investment incomeLn 3$6.6M
Gifts and grantsLn 1h$4.4M
Money outPt IX
$26.2M
Ln 25
Programscol B$15.2M
Managementcol C$9.8M
Fundraisingcol D$1.2M
Owns and owesPt X
$38.9M
net assets · Ln 32
Cash and savingsLn 1–2$11.8M
Total assetsLn 16$77.2M
LiabilitiesLn 26$38.4M
PeoplePt VI, VII
35
listed · VII A
PaidVII A8
Voting boardVI 1a27
IndependentVI 1b27
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.4M
Government grantsLn 1e$53K
Noncash giftsLn 1g$516K
Fees for servicesLn 2g$18.5M
Investment incomeLn 3$6.6M
Other incomeLn 4–11$110K
Gains on assetsLn 7$5.1M
Total revenueLn 12$29.5M
Assets in detailPt X, end of year
CashLn 1$11.3M
SavingsLn 2$578K
Cash and savings togetherLn 1–2$11.8M
InvestmentsLn 11–13$40.5M
Land, buildings, equipmentLn 10c$22.9M
Total assetsLn 16$77.2M
LiabilitiesLn 26$38.4M
Net assetsLn 32$38.9M
OperationsPt I, VI
EmployeesI 5181
VolunteersI 687
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 FY22End FY22
Cash and savingsLn 1–2$12.3M$11.8M
InvestmentsLn 11–13$51.9M$40.5M
Land, buildings, equipmentLn 10c$20.0M$22.9M
Total assetsLn 16$85.5M$77.2M
LiabilitiesLn 26$36.7M$38.4M
Net assetsLn 32$48.8M$38.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$2.9M$2.9M
Pay of current officers, directors and key staffLn 5$960K$152K$656K$152K
Other salaries and wagesLn 7$9.5M$5.7M$3.2M$679K
Pension plan contributionsLn 8$607K$395K$181K$31K
Other employee benefitsLn 9$1.4M$885K$399K$78K
Payroll taxesLn 10$725K$471K$206K$48K
Legal feesLn 11b$2.1M$2.1M
Accounting feesLn 11c$71K$71K
Professional fundraising feesLn 11e$7K$7K
Investment management feesLn 11f$62K$62K
Other fees for servicesLn 11g$1.6M$115K$1.4M$29K
Advertising and promotionLn 12$100K$97K$3K
Office expensesLn 13$141K$111K$30K$496
Information technologyLn 14$404K$202K$202K
OccupancyLn 16$909K$655K$229K$26K
TravelLn 17$41K$9K$32K
Conferences, conventions and meetingsLn 19$225K$137K$85K$3K
InterestLn 20$684K$513K$151K$20K
Depreciation, depletion and amortizationLn 22$1.4M$1.0M$303K$40K
InsuranceLn 23$288K$288K
Other expenses (24a–d)Ln 24$708K$646K$20K$41K
All other expensesLn 24e$1.5M$1.3M$88K$59K
Total functional expensesLn 25$26.2M$15.2M$9.8M$1.2M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $34.7M$29.4M$5.2M$49.1M 990 PDF
FY2023 $25.9M$28.1M−$2.2M$40.0M 990 PDF
FY2022 Viewing $29.5M$26.2M$3.3M$38.9M 990 PDF
FY2021 $25.9M$24.7M$1.3M$48.8M 990 PDF
FY2020 $22.3M$21.0M$1.3M$41.9M 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 FY2022 990 (4 parts)
Part VIII · Statement of revenue $29,518,010 across 10 lines filed
VIII-1e Government grants$52,578
VIII-1f All other contributions, gifts and grants$4,299,887
VIII-1g Noncash contributions (included above)$516,067
VIII-1h Total contributions, gifts and grants$4,352,465
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $18,470,060$18,470,060
VIII-3 Investment incomeExcluded from tax $1,487,783$1,487,783
VIII-6 Net rental income or lossExcluded from tax $91,087$91,087
VIII-7 Net gain or loss on sales of assetsExcluded from tax $5,097,287$5,097,287
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $19,328$19,328
VIII-12 Total revenueRelated to mission $18,489,388 · Unrelated business $0 · Excluded from tax $6,676,157$29,518,010
Part IX · Statement of functional expenses $26,236,764 across 22 lines filed
IX-2 Grants to domestic individualsPrograms $2,868,456$2,868,456
IX-5 Pay of current officers, directors and key staffPrograms $151,545 · Management $656,430 · Fundraising $151,545$959,520
IX-7 Other salaries and wagesPrograms $5,682,544 · Management $3,173,267 · Fundraising $679,337$9,535,148
IX-8 Pension plan contributionsPrograms $394,846 · Management $181,110 · Fundraising $31,499$607,455
IX-9 Other employee benefitsPrograms $885,483 · Management $398,589 · Fundraising $78,210$1,362,282
IX-10 Payroll taxesPrograms $471,172 · Management $206,189 · Fundraising $47,519$724,880
IX-11b Legal feesManagement $2,103,284$2,103,284
IX-11c Accounting feesManagement $70,987$70,987
IX-11e Professional fundraising feesFundraising $7,000$7,000
IX-11f Investment management feesManagement $61,909$61,909
IX-11g Other fees for servicesPrograms $114,791 · Management $1,447,168 · Fundraising $28,808$1,590,767
IX-12 Advertising and promotionManagement $97,189 · Fundraising $2,840$100,029
IX-13 Office expensesPrograms $110,551 · Management $29,961 · Fundraising $496$141,008
IX-14 Information technologyPrograms $202,239 · Management $202,239$404,478
IX-16 OccupancyPrograms $654,971 · Management $228,603 · Fundraising $25,699$909,273
IX-17 TravelPrograms $8,733 · Management $32,000$40,733
IX-19 Conferences, conventions and meetingsPrograms $136,851 · Management $85,184 · Fundraising $3,199$225,234
IX-20 InterestPrograms $512,615 · Management $151,474 · Fundraising $20,114$684,203
IX-22 Depreciation, depletion and amortizationPrograms $1,023,799 · Management $302,524 · Fundraising $40,171$1,366,494
IX-23 InsuranceManagement $287,670$287,670
IX-24 Other expenses (24a–d)Programs $646,315 · Management $20,155 · Fundraising $41,207$707,677
IX-24e All other expensesPrograms $1,330,786 · Management $88,169 · Fundraising $59,322$1,478,277
IX-25 Total functional expensesPrograms $15,195,697 · Management $9,824,101 · Fundraising $1,216,966$26,236,764
Part X · Balance sheet $77,234,080 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $10,970,566$11,267,519
X-2 Savings and temporary cash investmentsStart of year $1,332,869$577,802
X-3 Pledges and grants receivableStart of year $453,661$876,072
X-4 Accounts receivableStart of year $664,686$767,148
X-9 Prepaid expenses and deferred chargesStart of year $187,144$342,983
X-10c Land, buildings and equipment, netStart of year $19,981,464$22,860,174
X-11 Publicly traded securitiesStart of year $51,873,808$40,448,831
X-12 Other securitiesStart of year $31,076$93,551
X-16 Total assetsStart of year $85,495,274$77,234,080
X-17 Accounts payable and accrued expensesStart of year $3,519,408$1,126,694
X-19 Deferred revenueStart of year $9,603,399$10,413,517
X-20 Tax-exempt bond liabilitiesStart of year $23,607,819$26,834,843
X-26 Total liabilitiesStart of year $36,730,626$38,375,054
X-27 Net assets without donor restrictionsStart of year $14,656,498$9,006,570
X-28 Net assets with donor restrictionsStart of year $34,108,150$29,852,456
X-32 Total net assets or fund balancesStart of year $48,764,648$38,859,026
X-33 Total liabilities and net assetsStart of year $85,495,274$77,234,080
Part XI · Reconciliation of net assets $38,859,026 net assets at year end
XI-1 Total revenue$29,518,010
XI-2 Total expenses$26,236,764
XI-3 Revenue less expenses$3,281,246
XI-4 Net assets at start of year$48,764,648
XI-5 Net unrealized gains (losses) on investments−$13,186,868
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$38,859,026

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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