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Nonprofit · EIN 52-6001577

MCDONOGH SCHOOL INCORPORATED

Tax-exempt · OWINGS MILLS, MD 21117

Financials

$77.9M$69.3M2023$99.3M$71.5M2024
Revenue Expenses · by fiscal year end
Financials of MCDONOGH SCHOOL INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$99,306,105$71,516,868$27,789,237$329,632,272$54,229,756$275,402,516
June 30, 2024990$77,946,164$69,272,576$8,673,588$314,923,288$56,896,393$258,026,895
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$4,351,808
Program service revenue
$63,931,064
Investment income
$30,286,534
Royalties
$110,503
Net rental income
$360,103
Net gain from sales of assets
$27,812,125
Net income from fundraising events
-$50,290
Net income from sales of inventory
$210,941
Other revenue
$736,699

Expenses

Grants and similar amounts paid
$7,936,825
Compensation of officers, directors and key employees
$1,710,840
Other salaries and wages
$28,792,027
Salaries, compensation and benefits (total)
$42,671,523
Professional fundraising fees
$55,220
Legal fees
$284,578
Accounting fees
$149,509
Occupancy
$4,292,670
Travel
$89,521
Depreciation
$5,231,305
Program services (functional)
$58,190,615
Management and general (functional)
$9,822,832
Fundraising (functional)
$3,503,421

Balance sheet and other

Total assets, start of year
$314,923,288
Total assets, end of year
$329,632,272
Total liabilities, end of year
$54,229,756
Net assets, end of year
$275,402,516
Land, buildings and equipment
$114,584,903
Publicly traded securities
$23,859,891
Net assets without donor restrictions
$154,432,864
Net assets with donor restrictions
$120,969,652
Gross unrelated business income
$17,578
Gross receipts
$328,762,237
Employees
1,010
Volunteers
275
Year formed
1873
State of legal domicile
MD

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.

NameTitleHours / weekCompensationOther / benefits
DAVID J FARACEHEAD OF SCHOOL
Officer
60$507,355$162,081
SHERRI VOELKELCHIEF FINANCIAL OFFICER
Officer
50$244,423$51,982
KATHRYN MUELLERASSOCIATE HEAD OF SCHOOL
Key employee
50$253,655$36,069
KERRY JOHNSTONDIRECTOR OF DEVELOPMENT
Key employee
50$189,421$83,429
MERRITT A LIVERMOREHEAD OF UPPER SCHOOL
Highest-paid employee
50$155,713$114,963
JACK HARDCASTLECHIEF OPERATING OFFICER
Key employee
50$176,516$88,344
KEVIN COSTADIRECTOR OF INNOVATION LEARNING
Highest-paid employee
50$141,036$61,624
GREGORY WATERSHVAC TECHNICIAN
Highest-paid employee
40$135,429$39,201
EUNICE DEEGANCO-DIRECTOR OF ATHLETICS
Highest-paid employee
50$136,632$21,383
ROBYN LITTLEHEAD OF MIDDLE SCHOOL
Highest-paid employee
50$137,279$19,894
MICHAEL W CUMMINGSPRESIDENT
Trustee or director, Officer
1$0$0
H STACEY BOYERVICE PRESIDENT
Trustee or director, Officer
1$0$0
CURTIS H CORNWELLTREASURER
Trustee or director, Officer
1$0$0
IRVIN DEANDREI DRUMMONDSECRETARY
Trustee or director, Officer
1$0$0
ARTHUR H ADLERMEMBER
Trustee or director
1$0$0
27 more people on this return
NameTitleHours / weekCompensation
ROBERT A BAVARMEMBER
Trustee or director
1$0
RICHARD I BERMANMEMBER
Trustee or director
1$0
WALLACE E BOSTON JRMEMBER
Trustee or director
1$0
DONALD B CHRISTIANMEMBER
Trustee or director
1$0
LEIGH ANN CURL MDMEMBER
Trustee or director
1$0
ERIKA SETH DAVISMEMBER
Trustee or director
1$0
BRANDON M ETHERIDGEMEMBER
Trustee or director
1$0
MICHAEL S FADERMEMBER
Trustee or director
1$0
MICHAEL L FALCONEMEMBER
Trustee or director
1$0
KRISTIN F FINKELSTEINMEMBER
Trustee or director
1$0
BRETT INGERMANMEMBER
Trustee or director
1$0
ELIZABETH M INSLEYMEMBER
Trustee or director
1$0
JOSHUA P JONES-DILWORTHMEMBER
Trustee or director
1$0
AKHILA KOSARAJUMEMBER
Trustee or director
1$0
JENNIFER L MCKINNELLMEMBER
Trustee or director
1$0
PAUL M MEURERMEMBER
Trustee or director
1$0
FARAH QURESHI NURMEMBER
Trustee or director
1$0
STEVEN S OHMEMBER
Trustee or director
1$0
JOSHUA R PERRYMEMBER
Trustee or director
1$0
FERNANDA L PIO RODAMEMBER
Trustee or director
1$0
PATRICIA B RAKSINMEMBER
Trustee or director
1$0
SUDHIR R RAOMEMBER
Trustee or director
1$0
SHAWN W ROBINSONMEMBER
Trustee or director
1$0
DAVID D ROTHSCHILDMEMBER
Trustee or director
1$0
PATRICIA S SCHUSTERMEMBER
Trustee or director
1$0
RICHARD B SILBERSTEINMEMBER
Trustee or director
1$0
CRAIG A THOMPSONMEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 40 people
NameTitleHours / weekCompensationOther / benefits
DAVID J FARACEHEAD OF SCHOOL
Officer
60$495,341$173,771
SHERRI VOELKELCHIEF FINANCIAL OFFICER
Officer
50$235,876$49,848
KATHRYN MUELLERASSOCIATE HEAD OF SCHOOL
Key employee
50$244,845$35,530
KERRY JOHNSTONDIRECTOR OF DEVELOPMENT
Key employee
50$182,170$97,252
MERRITT A LIVERMOREHEAD OF UPPER SCHOOL
Highest-paid employee
50$146,741$104,141
JACK HARDCASTLECHIEF OPERATING OFFICER
Key employee
50$169,776$72,357
GREGORY WATERSHVAC TECHNICIAN
Highest-paid employee
40$130,026$40,617
J PETER WELCHPE TEACHER
Highest-paid employee
50$141,644$27,552
EUNICE DEEGANCO-DIRECTOR OF ATHLETICS
Highest-paid employee
50$145,516$21,059
MATTHEW MACMULLANCO-DIRECTOR OF ATHLETICS
Highest-paid employee
50$135,932$30,545
MICHAEL W CUMMINGSPRESIDENT
Trustee or director, Officer
1$0$0
H STACEY BOYERVICE PRESIDENT
Trustee or director, Officer
1$0$0
CURTIS H CORNWELLTREASURER
Trustee or director, Officer
1$0$0
IRVIN DEANDREI DRUMMONDSECRETARY
Trustee or director, Officer
1$0$0
ARTHUR H ADLERMEMBER
Trustee or director
1$0$0
ROBERT A BAVARMEMBER
Trustee or director
1$0$0
WALLACE E BOSTON JRMEMBER
Trustee or director
1$0$0
DONALD B CHRISTIANMEMBER
Trustee or director
1$0$0
LEIGH ANN CURL MDMEMBER
Trustee or director
1$0$0
ERIKA SETH DAVIESMEMBER
Trustee or director
1$0$0
BRANDON M ETHERIDGEMEMBER
Trustee or director
1$0$0
MICHAEL S FADERMEMBER
Trustee or director
1$0$0
MICHAEL L FALCONEMEMBER
Trustee or director
1$0$0
KRISTIN F FINKELSTEINMEMBER
Trustee or director
1$0$0
BRETT INGERMANMEMBER
Trustee or director
1$0$0
ELIZABETH M INSLEYMEMBER
Trustee or director
1$0$0
JOSHUA P JONES-DILWORTHMEMBER
Trustee or director
1$0$0
HALLIE D LABELMEMBER
Trustee or director
1$0$0
PAUL M MEURERMEMBER
Trustee or director
1$0$0
FARAH QURESHI NURMEMBER
Trustee or director
1$0$0
STEVEN S OHMEMBER
Trustee or director
1$0$0
FERNANDA L PIO RODAMEMBER
Trustee or director
1$0$0
PATRICIA B RAKSINMEMBER
Trustee or director
1$0$0
SUDHIR R RAOMEMBER
Trustee or director
1$0$0
SHAWN W ROBINSONMEMBER
Trustee or director
1$0$0
DAVID D ROTHSCHILDMEMBER
Trustee or director
1$0$0
PATRICIA S SCHUSTERMEMBER
Trustee or director
1$0$0
RICHARD B SILBERSTEINMEMBER
Trustee or director
1$0$0
TAYMOUR TAMADDONMEMBER
Trustee or director
1$0$0
CRAIG A THOMPSONMEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
8600 MCDONOGH RD, OWINGS MILLS, MD 21117-1009
Principal officer (990 for 2024)
DAVID J FARACE, 8600 MCDONOGH ROAD, OWINGS MILLS, MD 211171009
Signed the 990
SHERRI VOELKEL, CHIEF FINANCIAL OFFICER
Phone
(410) 363-0600
Return prepared by
SC&H GROUP INC

Mission

SITUATED ON A BEAUTIFUL 800-ACRE CAMPUS IN OWINGS MILLS MD, MCDONOGH SCHOOL IS A COEDUCATIONAL, COLLEGE PREPARATORY, INDEPENDENT PREKINDERGARTEN THROUGH 12 SCHOOL WITH AN OPTIONAL FIVE-DAY BOARDING PROGRAM FOR STUDENTS IN GRADES 9-12. MCDONOGH SCHOOL IS A COMMUNITY THAT FINDS JOY IN WORK, IN PLAY, IN DISCOVERY, AND IN THE REALIZATION OF PERSONAL POTENTIAL. STRONG, MUTUALLY RESPECTFUL RELATIONSHIPS INSPIRE A PASSION FOR TEACHING AND LEARNING, A DEDICATION TO PERSONAL INTEGRITY, AND A COMMITMENT TO EXCELLENCE. EMBRACING DIVERSITY OF BACKGROUND, CULTURE, AND THOUGHT, THE SCHOOL BUILDS UPON ITS FOUNDER'S ORIGINAL MISSION TO PROVIDE LIFE-ALTERING OPPORTUNITIES AND TO DEVELOP IN STUDENTS THE WILL "TO DO THE GREATEST POSSIBLE AMOUNT OF GOOD."

990 for the year ended June 30, 2025

Program accomplishments

  • MCDONOGH SCHOOL IS A HIGHLY REGARDED COEDUCATIONAL, INDEPENDENT SCHOOL WITH APPROXIMATELY 1,460 STUDENTS IN PRE-KINDERGARTEN THROUGH TWELFTH GRADE. AN OPTIONAL FIVE-DAY BOARDING PROGRAM IS AVAILABLE FOR STUDENTS IN GRADES 9-12. MCDONOGH'S ACADEMIC PROGRAM IS DESIGNED TO FOSTER A LOVE OF LEARNING. THE LOWER SCHOOL PROVIDES A SOLID FOUNDATION WITH AN EMPHASIS ON READING, WRITING, AND MATHEMATICS. TEACHERS WELCOME CHILDREN AS INDIVIDUALS, TAILORING THE ACADEMIC CURRICULUM TO DEVELOP THEIR FULL POTENTIAL-INTELLECTUALLY, PHYSICALLY, SOCIALLY, AND EMOTIONALLY. THE MIDDLE SCHOOL BUILDS ON THAT FOUNDATION WITH APPRECIATION FOR THE INTELLECTUAL, PHYSICAL, SOCIAL, AND EMOTIONAL NEEDS OF YOUNG ADOLESCENTS. STUDENTS LEARN THE ELEMENTS OF RESPONSIBLE SCHOLARSHIP IN READING, ENGLISH, WORLD LANGUAGES, MATHEMATICS, SCIENCE, SOCIAL STUDIES, AND TECHNOLOGY. THE UPPER SCHOOL COMBINES RIGOROUS ACADEMICS WITH A WIDE VARIETY OF EXTRACURRICULAR ACTIVITIES. IN AN ENVIRONMENT THAT FOSTERS VERSATILITY, STUDENTS SELECT HONORS AND ADVANCED COURSES, DEVELOP THEIR ATHLETIC AND ARTISTIC ABILITIES, LEARN LEADERSHIP AND TEAMWORK SKILLS, AND GRADUATE WELL PREPARED FOR COLLEGE.FORM 990, PART VI, SECTION B, LINE 10A:THE POLICIES DESCRIBED IN PART VI, SECTION B, LINES 10A-16B APPLY TO MCDONOGH SCHOOL, INC. AND ITS AFFILIATE AS LISTED BELOW: FOLIO NETWORK, LLC
    Expenses $58,190,615 · grants $7,936,825 · revenue $63,898,667

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
52-6001577
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
1977
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B200)
Assets (IRS master file)
$329,632,272
Income (IRS master file)
$328,762,237

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$99,306,105$71,516,868$329,632,272IRS
990-TJune 2025–––IRS
990June 2024$77,946,164$69,272,576$314,923,288XML
990-TJune 2024–––IRS
990June 2023$75,254,727$67,074,408$299,703,214IRS
990-TJune 2023–––IRS
990June 2022$75,778,569$63,828,650$293,896,634IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 MCDONOGH SCHOOL INCORPORATED

What is the EIN of MCDONOGH SCHOOL INCORPORATED?
The employer identification number (EIN) of MCDONOGH SCHOOL INCORPORATED is 52-6001577.
Is MCDONOGH SCHOOL INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
Are donations to MCDONOGH SCHOOL INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MCDONOGH SCHOOL INCORPORATED 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 MCDONOGH SCHOOL INCORPORATED 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 MCDONOGH SCHOOL INCORPORATED 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 MCDONOGH SCHOOL INCORPORATED?
The 990 for the year ended June 30, 2025 names DAVID J FARACE.
Who are the officers and directors of MCDONOGH SCHOOL INCORPORATED?
The 990 for the year ended June 30, 2025 lists 42 people; 10 received compensation from the organization, the highest $507,355 (DAVID J FARACE, HEAD OF SCHOOL).
How much revenue does MCDONOGH SCHOOL INCORPORATED have?
On its 990 for the year ended June 30, 2025 it reported revenue of $99,306,105, expenses of $71,516,868 and total assets of $329,632,272 at year end.

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