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Milton Academy

Public charity990-T FY2023
Other · MILTON, MA · EIN 04-2103603

About

Milton academy cultivates in its students a passion for learning and a respect for others. Embracing diversity and the pursuit of excellence, we create a community in which individuals develop competence, confidence and character. See schedule o for full description.milton academy cultivates in its students a passion for learning and a respect for others. Embracing diversity and the pursuit of excellence, we create a community in which individuals develop competence, confidence and character. Our active learning environment, in and out of the classroom, develops creative and critical thinkers, unafraid to express their ideas, prepared to seek meaningful lifetime success and to live by our motto, "DARE to be true."

Donations are tax-deductible
Category
Other
Employees
628
Volunteers
245

Financial Snapshot

FY ending 2023-06-30
Revenue
$86.2M
Expenses
$95.3M
Assets
$514.7M
Liabilities
$86.2M

Financial history

$116.5M$58.3M$0
1617181920212223
RevenueExpenses
Latest FY2023: $86.2M · Peak FY2022: $116.5M · Avg: $91.8M

Foreign activity (Schedule F)

Total spent abroad$31.5M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
EAST ASIA AND THE PACIFIC
SUB-SAHARAN AFRICA
EUROPE (INCLUDING ICELAND & GREENLAND)
SOUTH ASIA

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$16.6M
MILTON ACADEMY
Your actions

Address

170 Centre ST
Milton, MA, 02186-333

Governance

Voting board members28
Independent members28
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %12.3%
Permanent endowment %41.1%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Retained by contractors$12K
ChannelsMail · Phone · Email · In-person
Public records
ProPublica Nonprofit Explorer
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