Nonprofit · EIN 13-1635286
SPENCE SCHOOL
Tax-exempt · NEW YORK, NY 10128
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $63,790,851 | $71,962,190 | -$8,171,339 | $403,673,762 | $61,100,230 | $342,573,532 |
| June 30, 2024 | 990 | $63,102,086 | $69,870,324 | -$6,768,238 | $396,968,006 | $60,823,166 | $336,144,840 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $5,955,619
- of which government grants
- $566,630
- Program service revenue
- $53,888,585
- Investment income
- $3,175,987
- Net rental income
- -$462,168
- Net gain from sales of assets
- $230,060
- Other revenue
- $770,660
Expenses
- Grants and similar amounts paid
- $8,493,074
- Compensation of officers, directors and key employees
- $2,655,554
- Other salaries and wages
- $29,638,046
- Salaries, compensation and benefits (total)
- $42,669,195
- Professional fundraising fees
- $172,500
- Legal fees
- $218,492
- Accounting fees
- $101,299
- Occupancy
- $2,695,262
- Travel
- $1,002,856
- Depreciation
- $7,133,979
- Program services (functional)
- $60,661,749
- Management and general (functional)
- $8,348,262
- Fundraising (functional)
- $2,952,179
Balance sheet and other
- Total assets, start of year
- $396,968,006
- Total assets, end of year
- $403,673,762
- Total liabilities, end of year
- $61,100,230
- Net assets, end of year
- $342,573,532
- Land, buildings and equipment
- $208,922,274
- Publicly traded securities
- $107,644,924
- Net assets without donor restrictions
- $192,864,111
- Net assets with donor restrictions
- $149,709,421
- Gross unrelated business income
- $822,911
- Gross receipts
- $86,714,205
- Employees
- 421
- Volunteers
- 400
- Year formed
- 1928
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| FELICIA WILKS | HEAD OF SCHOOL Officer | 40 | $829,470 | $124,673 |
| BRUCE OREM | DIRECTOR FINANCE & OPERATIONS Officer | 40 | $533,604 | $45,740 |
| KAREN SULLIVAN | HEAD OF MIDDLE SCHOOL Key employee | 40 | $521,562 | $36,132 |
| ERIC ZAHLER | DIRECTOR OF TEACHING/LEARNING Highest-paid employee | 40 | $326,996 | $57,084 |
| MICHELE MURPHY | DIRECTOR OF CURRICULUM Highest-paid employee | 40 | $317,482 | $60,841 |
| ELIZABETH CAUSEY | HEAD OF LOWER SCHOOL Key employee | 40 | $331,476 | $46,341 |
| DANA CROWELL | CO-DIR. COLLEGE COUNSELING Highest-paid employee | 40 | $287,586 | $53,035 |
| RACHAEL FLORES | HEAD OF UPPER SCHOOL Key employee | 40 | $278,830 | $59,084 |
| JACOB KOVACH | DIRECTOR OF INFORMATION TECHNOLOGY Highest-paid employee | 40 | $278,165 | $57,444 |
| CONSTANCE FICHERA | DIRECTOR OF ATHLETICS Highest-paid employee | 40 | $248,418 | $38,120 |
| WILLIAM L JACOB III | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| ANAND DESAI | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| KIMBERLY KRAVIS | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| ANYA HERZ SHIVA | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| AHRIN MISHAN | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
24 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ARTHUR CHU | SECRETARY Trustee or director, Officer | 2 | $0 |
| ERICA BELSKY | TRUSTEE (AS OF 7/1/24) Trustee or director | 2 | $0 |
| HEATHER BERGER | TRUSTEE Trustee or director | 2 | $0 |
| VANESSA CORNELL | TRUSTEE Trustee or director | 2 | $0 |
| ERICA DESAI | TRUSTEE Trustee or director | 2 | $0 |
| JOSEPH DRAYTON | TRUSTEE Trustee or director | 2 | $0 |
| ROBERT FALLON | TRUSTEE Trustee or director | 2 | $0 |
| FILIPA FINK | TRUSTEE (AS OF 7/1/24) Trustee or director | 2 | $0 |
| GLENN FUHRMAN | TRUSTEE (AS OF 7/1/24) Trustee or director | 2 | $0 |
| ALEXIS MCGILL JOHNSON | TRUSTEE Trustee or director | 2 | $0 |
| DANA WALLACH JONES | TRUSTEE Trustee or director | 2 | $0 |
| KATHRYN KOCH | TRUSTEE Trustee or director | 2 | $0 |
| MEREDITH RUBEL LIPSHER | TRUSTEE Trustee or director | 2 | $0 |
| BRYCE MARKUS | TRUSTEE Trustee or director | 2 | $0 |
| NANDINI MUKHERJEE | TRUSTEE (AS OF 7/1/24) Trustee or director | 2 | $0 |
| DR TOLAISON JOHNSON SPENCE | TRUSTEE (AS OF 7/1/24) Trustee or director | 2 | $0 |
| EMILY SPEYER | TRUSTEE Trustee or director | 2 | $0 |
| ARIELLE NAGLER SHERRILL | TRUSTEE Trustee or director | 2 | $0 |
| JENNIFER SKYLER | TRUSTEE Trustee or director | 2 | $0 |
| JOSE TAVAREZ | TRUSTEE Trustee or director | 2 | $0 |
| LOLA LADEINDE TEMPLE | TRUSTEE Trustee or director | 2 | $0 |
| LISA YVETTE WALLER PHD | TRUSTEE Trustee or director | 2 | $0 |
| BROOKE WILLIAMS | TRUSTEE Trustee or director | 2 | $0 |
| DARYL WOUT | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 38 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| FELICIA WILKS | HEAD OF SCHOOL Officer | 40 | $759,003 | $112,922 |
| ELLANOR N BRIZENDINE | HEAD OF SCHOOL (THRU 6/30/23) Officer | 40 | $596,820 | $131,176 |
| BRUCE OREM | DIRECTOR OF FIN. & OP. Officer | 40 | $492,000 | $28,946 |
| ELYSE WATERHOUSE | DIR. OF FIN. & OP. (THRU 6/30/23) Officer | 40 | $334,280 | $33,380 |
| KAREN SULLIVAN | HEAD OF MIDDLE SCHOOL Key employee | 40 | $317,324 | $43,735 |
| ELIZABETH CAUSEY | HEAD OF LOWER SCHOOL Key employee | 40 | $317,274 | $43,735 |
| MICHELE MURPHY | DIRECTOR OF CURRICULUM Highest-paid employee | 40 | $303,736 | $56,277 |
| ERIC ZAHLER | DIR. OF TEACHING / LEARNING Highest-paid employee | 40 | $307,184 | $52,271 |
| EMILY FINCKE | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $300,363 | $41,755 |
| DANA CROWELL | CO-DIR. OF COLLEGE COUNSEL Highest-paid employee | 40 | $278,438 | $47,044 |
| JACOB KOVACH | DIRECTOR OF INFORMATION TECHNOLOGY Highest-paid employee | 40 | $258,513 | $52,760 |
| RACHAEL FLORES | HEAD OF UPPER SCHOOL Key employee | 40 | $256,003 | $53,047 |
| WILLIAM L JACOB III | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| ANAND DESAI | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| KIMBERLY KRAVIS | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| ARTHUR CHU | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| HEATHER BERGER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHAEL P CLIFFORD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| VANESSA CORNELL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ERICA DESAI | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOSEPH DRAYTON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ALEXIS MCGILL JOHNSON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DANA WALLACH JONES | TRUSTEE Trustee or director, Officer | 2 | $0 | $0 |
| KATHRYN KOCH | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MEREDITH RUBEL LIPSHER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BRYCE MARKUS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| AHRIN MISHAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANYA HERZ SHIVA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JAMES SHULMAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| EMILY SPEYER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOSE TAVAREZ | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BROOKE WILLIAMS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DARYL WOUT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ROBERT FALLON | TRUSTEE (AS OF 7/1/23) Trustee or director | 2 | $0 | $0 |
| ARIELLE NAGLER SHERRILL | TRUSTEE (AS OF 7/1/23) Trustee or director | 2 | $0 | $0 |
| JENNIFER SKYLER | TRUSTEE (AS OF 7/1/23) Trustee or director | 2 | $0 | $0 |
| LOLA LADEINDE TEMPLE | TRUSTEE (AS OF 7/1/23) Trustee or director | 2 | $0 | $0 |
| LISA YVETTE WALLER PHD | TRUSTEE (AS OF 7/1/23) Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 22 E 91ST ST, NEW YORK, NY 10128-0657
- In care of
- % ELYSE WATERHOUSE
- Principal officer (990 for 2024)
- FELICIA A WILKS, 22 EAST 91ST STREET, NEW YORK, NY 10128
- Signed the 990
- BRUCE OREM, DIRECTOR OF FINANCE AND OPERATIONS
- Phone
- (212) 289-5940
- Return prepared by
- EISNER ADVISORY GROUP LLC
Mission
WITH A COMMITMENT TO ACADEMIC EXCELLENCE AND PERSONAL INTEGRITY, THE SPENCE SCHOOL PREPARES A DIVERSE COMMUNITY OF GIRLS AND YOUNG WOMEN FOR THE LIFELONG TRANSFORMATION OF SELF AND THE WORLD WITH PURPOSE, PASSION AND PERSPECTIVE.
Program accomplishments
- THE SPENCE SCHOOL IS AN INDEPENDENT, COLLEGE PREPARATORY DAY SCHOOL PROVIDING AN EDUCATION FOR GIRLS IN GRADES KINDERGARTEN THROUGH 12.Expenses $60,661,749 · grants $8,493,074 · revenue $53,888,585
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-1635286
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1942
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B200)
- Assets (IRS master file)
- $403,673,762
- Income (IRS master file)
- $86,714,205
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $58,057,667 | $68,272,073 | $386,719,759 | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $63,085,145 | $64,088,012 | $392,567,317 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about SPENCE SCHOOL
- What is the EIN of SPENCE SCHOOL?
- The employer identification number (EIN) of SPENCE SCHOOL is 13-1635286.
- Is SPENCE SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
- Are donations to SPENCE SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SPENCE SCHOOL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SPENCE SCHOOL due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SPENCE SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SPENCE SCHOOL?
- The 990 for the year ended June 30, 2025 names FELICIA A WILKS.
- Who are the officers and directors of SPENCE SCHOOL?
- The 990 for the year ended June 30, 2025 lists 39 people; 10 received compensation from the organization, the highest $829,470 (FELICIA WILKS, HEAD OF SCHOOL).
- How much revenue does SPENCE SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $63,790,851, expenses of $71,962,190 and total assets of $403,673,762 at year end.
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