The Branson School FY2024 filing

Tax-deductible

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

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.
72¢ of each $1 spent went to programs.
$2.2M 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

FY2024 · 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
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.2M
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: 5.0 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
$37.7M
43% of total assets
Looks good: liabilities are 43% of assets; 50% or less.
Pt X · Ln 26
Independent board members
33
of 33 voting members
Looks good: 33 of 33 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$34.7M
+34% vs prior year
Spent
$29.4M
To programs
72%
Net assets
$49.1M
By yearFY2020–FY2024
Revenue
$34.7M
FY2024▲ +34%
Revenue by fiscal year
FY2020$22.3M
FY2021$25.9M
FY2022$29.5M
FY2023$25.9M
FY2024$34.7M
FY2024$36.7M
Expenses
$29.4M
FY2024▲ +5%
Expenses by fiscal year
FY2020$21.0M
FY2021$24.7M
FY2022$26.2M
FY2023$28.1M
FY2024$29.4M
FY2024$32.7M
Net assets
$49.1M
FY2024▲ +23%
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 FY2024 Form 990 (year ending June 2024) · 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

72 cents of each dollar spent went to programs.

Program services 72% · $21.1M Management & general 19% · $5.7M Fundraising 9% · $2.5M

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

Who runs it and what they're paid

42 people listed on the 990; $2.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Head of School
$581,545Pt VII · Sec A
$341,706Pt VII · Sec A
$327,953Pt VII · Sec A
Asst Head for Mission Advancement
$229,475Pt VII · Sec A
Director of Studies
$179,694Pt VII · Sec A
Director of College Counseling
$176,450Pt VII · Sec A
Director of HR
$172,216Pt VII · Sec A
Director of Finance
$172,203Pt 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 service account for $21.1M of program spending, described in the organization's own filed words · FY2023.
01

The branson school maintains and conducts a secondary school for approximately 370 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.

$21.1Mprogram 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 · 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 FY2024 990, line by line.

1The main four
Money inPt VIII
$34.7M
Ln 12
Fees for servicesLn 2g$23.7M
Gifts and grantsLn 1h$9.1M
Investment incomeLn 3$1.6M
Money outPt IX
$29.4M
Ln 25
Programscol B$21.1M
Managementcol C$5.7M
Fundraisingcol D$2.5M
Owns and owesPt X
$49.1M
net assets · Ln 32
Cash and savingsLn 1–2$12.3M
Total assetsLn 16$86.8M
LiabilitiesLn 26$37.7M
PeoplePt VI, VII
42
listed · VII A
PaidVII A8
Voting boardVI 1a33
IndependentVI 1b33
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$9.1M
Noncash giftsLn 1g$423K
Fees for servicesLn 2g$23.7M
Investment incomeLn 3$1.6M
Other incomeLn 4–11$299K
Gains on assetsLn 7$164K
Total revenueLn 12$34.7M
Assets in detailPt X, end of year
CashLn 1$9.6M
SavingsLn 2$2.8M
Cash and savings togetherLn 1–2$12.3M
InvestmentsLn 11–13$46.4M
Land, buildings, equipmentLn 10c$22.5M
Total assetsLn 16$86.8M
LiabilitiesLn 26$37.7M
Net assetsLn 32$49.1M
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 FY24End FY24
Cash and savingsLn 1–2$19.2M$12.3M
InvestmentsLn 11–13$34.0M$46.4M
Land, buildings, equipmentLn 10c$22.4M$22.5M
Total assetsLn 16$77.2M$86.8M
LiabilitiesLn 26$37.2M$37.7M
Net assetsLn 32$40.0M$49.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$4.0M$4.0M
Pay of current officers, directors and key staffLn 5$1.3M$878K$249K$147K
Other salaries and wagesLn 7$11.8M$8.1M$2.3M$1.4M
Pension plan contributionsLn 8$944K$577K$292K$74K
Other employee benefitsLn 9$2.0M$1.3M$365K$339K
Payroll taxesLn 10$912K$628K$215K$70K
Legal feesLn 11b$108K$108K
Accounting feesLn 11c$74K$74K
Investment management feesLn 11f$45K$45K
Other fees for servicesLn 11g$1.9M$1.5M$211K$194K
Advertising and promotionLn 12$206K$206K
Office expensesLn 13$447K$115K$302K$30K
Information technologyLn 14$539K$267K$266K$6K
OccupancyLn 16$949K$651K$273K$26K
TravelLn 17$50K$50K$296$275
Conferences, conventions and meetingsLn 19$174K$109K$58K$7K
InterestLn 20$700K$525K$154K$21K
Depreciation, depletion and amortizationLn 22$1.2M$909K$267K$36K
InsuranceLn 23$290K$290K
Other expenses (24a–d)Ln 24$1.2M$1.2M$26K$4K
All other expensesLn 24e$745K$490K$231K$23K
Total functional expensesLn 25$29.4M$21.1M$5.7M$2.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $34.7M$29.4M$5.2M$49.1M 990 PDF
FY2023 $25.9M$28.1M−$2.2M$40.0M 990 PDF
FY2022 $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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $34,656,330 across 9 lines filed
VIII-1f All other contributions, gifts and grants$9,118,009
VIII-1g Noncash contributions (included above)$422,568
VIII-1h Total contributions, gifts and grants$9,118,009
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $23,661,478$23,661,478
VIII-3 Investment incomeExcluded from tax $1,413,663$1,413,663
VIII-6 Net rental income or lossExcluded from tax $290,914$290,914
VIII-7 Net gain or loss on sales of assetsExcluded from tax $164,446$164,446
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $7,820$7,820
VIII-12 Total revenueRelated to mission $23,669,298 · Unrelated business $0 · Excluded from tax $1,869,023$34,656,330
Part IX · Statement of functional expenses $29,421,128 across 21 lines filed
IX-2 Grants to domestic individualsPrograms $3,966,066$3,966,066
IX-5 Pay of current officers, directors and key staffPrograms $877,640 · Management $249,459 · Fundraising $146,876$1,273,975
IX-7 Other salaries and wagesPrograms $8,113,089 · Management $2,306,053 · Fundraising $1,357,756$11,776,898
IX-8 Pension plan contributionsPrograms $577,346 · Management $292,228 · Fundraising $74,314$943,888
IX-9 Other employee benefitsPrograms $1,262,278 · Management $365,081 · Fundraising $339,225$1,966,584
IX-10 Payroll taxesPrograms $627,896 · Management $214,620 · Fundraising $69,779$912,295
IX-11b Legal feesManagement $107,708$107,708
IX-11c Accounting feesManagement $74,467$74,467
IX-11f Investment management feesManagement $45,412$45,412
IX-11g Other fees for servicesPrograms $1,451,551 · Management $210,655 · Fundraising $193,957$1,856,163
IX-12 Advertising and promotionFundraising $206,207$206,207
IX-13 Office expensesPrograms $114,930 · Management $302,407 · Fundraising $30,031$447,368
IX-14 Information technologyPrograms $266,523 · Management $266,037 · Fundraising $6,450$539,010
IX-16 OccupancyPrograms $650,701 · Management $272,517 · Fundraising $25,697$948,915
IX-17 TravelPrograms $49,609 · Management $296 · Fundraising $275$50,180
IX-19 Conferences, conventions and meetingsPrograms $108,991 · Management $58,013 · Fundraising $7,177$174,181
IX-20 InterestPrograms $525,059 · Management $154,017 · Fundraising $21,002$700,078
IX-22 Depreciation, depletion and amortizationPrograms $908,800 · Management $266,581 · Fundraising $36,352$1,211,733
IX-23 InsuranceManagement $289,894$289,894
IX-24 Other expenses (24a–d)Programs $1,155,379 · Management $26,172 · Fundraising $3,569$1,185,120
IX-24e All other expensesPrograms $490,406 · Management $231,399 · Fundraising $23,181$744,986
IX-25 Total functional expensesPrograms $21,146,264 · Management $5,733,016 · Fundraising $2,541,848$29,421,128
Part X · Balance sheet $86,775,568 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $7,840,682$9,562,337
X-2 Savings and temporary cash investmentsStart of year $11,400,935$2,769,292
X-3 Pledges and grants receivableStart of year $1,192,575$5,051,121
X-4 Accounts receivableStart of year $40,694$58,633
X-9 Prepaid expenses and deferred chargesStart of year $246,376$404,538
X-10c Land, buildings and equipment, netStart of year $22,426,592$22,538,767
X-11 Publicly traded securitiesStart of year $33,381,713$44,411,710
X-12 Other securitiesStart of year $632,865$1,979,170
X-16 Total assetsStart of year $77,162,432$86,775,568
X-17 Accounts payable and accrued expensesStart of year $1,552,307$1,297,475
X-19 Deferred revenueStart of year $9,447,669$10,841,002
X-20 Tax-exempt bond liabilitiesStart of year $26,205,800$25,532,184
X-26 Total liabilitiesStart of year $37,205,776$37,670,661
X-27 Net assets without donor restrictionsStart of year $7,352,849$8,826,676
X-28 Net assets with donor restrictionsStart of year $32,603,807$40,278,231
X-32 Total net assets or fund balancesStart of year $39,956,656$49,104,907
X-33 Total liabilities and net assetsStart of year $77,162,432$86,775,568
Part XI · Reconciliation of net assets $49,104,907 net assets at year end
XI-1 Total revenue$34,656,330
XI-2 Total expenses$29,421,128
XI-3 Revenue less expenses$5,235,202
XI-4 Net assets at start of year$39,956,656
XI-5 Net unrealized gains (losses) on investments$3,913,049
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$49,104,907

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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