Nonprofit · EIN 56-0532314
SAINT MARYS SCHOOL
Tax-exempt · RALEIGH, NC 27603
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $25,163,210 | $21,585,150 | $3,578,060 | $95,583,045 | $8,461,983 | $87,121,062 |
| June 30, 2024 | 990 | $23,316,668 | $21,339,010 | $1,977,658 | $94,685,810 | $14,426,346 | $80,259,464 |
| June 30, 2023 | 990 | $19,916,469 | $20,851,273 | -$934,804 | $90,279,167 | $14,150,389 | $76,128,778 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $7,863,455
- Program service revenue
- $15,289,160
- Investment income
- $1,941,070
- Net gain from sales of assets
- $463,859
- Other revenue
- $69,525
Expenses
- Grants and similar amounts paid
- $3,308,785
- Compensation of officers, directors and key employees
- $743,632
- Other salaries and wages
- $7,460,318
- Salaries, compensation and benefits (total)
- $10,144,428
- Professional fundraising fees
- $0
- Legal fees
- $50,521
- Accounting fees
- $110,664
- Occupancy
- $833,872
- Travel
- $106,814
- Depreciation
- $1,300,954
- Program services (functional)
- $15,041,718
- Management and general (functional)
- $5,376,040
- Fundraising (functional)
- $1,167,393
Balance sheet and other
- Total assets, start of year
- $94,685,810
- Total assets, end of year
- $95,583,045
- Total liabilities, end of year
- $8,461,983
- Net assets, end of year
- $87,121,062
- Land, buildings and equipment
- $35,522,298
- Publicly traded securities
- $50,113,477
- Net assets without donor restrictions
- $29,180,007
- Net assets with donor restrictions
- $57,941,055
- Gross unrelated business income
- $347,010
- Gross receipts
- $25,991,023
- Employees
- 205
- Volunteers
- 400
- Year formed
- 1897
- State of legal domicile
- NC
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 |
|---|---|---|---|---|
| Adam Holden | Head of School Officer | 40 | $323,306 | $106,892 |
| Matthew Olesnevich | Assistant Head for Student Affairs Highest-paid employee | 40 | $145,601 | $77,423 |
| Patricia Sasser | Assistant Head for Academic Affairs Highest-paid employee | 40 | $147,620 | $55,620 |
| Michelle Lammon | Assistant Head for Finance and Operations Officer | 40 | $166,564 | $8,319 |
| Richard Riggleman | Director of Athletics Highest-paid employee | 40 | $116,794 | $18,971 |
| Lauren Gerber | Director of the Annual Fund Highest-paid employee | 40 | $118,138 | $15,687 |
| Jayme Richards | Director of Technology Highest-paid employee | 40 | $122,535 | $9,715 |
| Merritt Atkins | Board Chair Trustee or director | 4.5 | $0 | $0 |
| Tiffany Clark | Vice Chair Trustee or director | 2.87 | $0 | $0 |
| Julian Williamson | Secretary Trustee or director | 0.94 | $0 | $0 |
| Jean Redding | Treasurer Trustee or director | 1.13 | $0 | $0 |
| Diane Becton | Trustee Trustee or director | 0.75 | $0 | $0 |
| April Browne | Trustee Trustee or director | 1.13 | $0 | $0 |
| Catherine Bryant | Trustee Trustee or director | 0.75 | $0 | $0 |
| Hope Carmichael | Trustee Trustee or director | 0.75 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Elizabeth Dixon | Trustee Trustee or director | 0.75 | $0 |
| Eric Evans | Trustee Trustee or director | 0.75 | $0 |
| Amanda Hampton | Trustee Trustee or director | 0.75 | $0 |
| Ken Howard | Trustee Trustee or director | 1.13 | $0 |
| Earl Johnson III | Trustee Trustee or director | 0.75 | $0 |
| Angel Jones | Trustee Trustee or director | 0.75 | $0 |
| Sheila McLamb | Trustee Trustee or director | 0.75 | $0 |
| Sallie Sabiston Pelletier | Trustee Trustee or director | 1.13 | $0 |
| Susan Rankin | Trustee Trustee or director | 0.75 | $0 |
| Will Rideout | Trustee Trustee or director | 0.75 | $0 |
| D Ward Russell | Trustee Trustee or director | 1.13 | $0 |
| Sallie Shuping-Russell | Trustee Trustee or director | 0.75 | $0 |
| Melissa Tillman | Trustee Trustee or director | 0.75 | $0 |
| Heather Clark Warren | Trustee Trustee or director | 0.75 | $0 |
990 for the year ended June 30, 2024: 32 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Adam Holden | Head of School Officer | 40 | $316,502 | $103,931 |
| Julie Ricciardi | Assoc Head of School - Institutional Advancement Key employee, Former | 40 | $191,465 | $34,570 |
| Patricia Sasser | Assistant Head for Academic Affairs Highest-paid employee | 40 | $143,647 | $53,044 |
| Michelle Lammon | Assistant Head for Finance and Operations Officer | 40 | $163,236 | $7,576 |
| Andrew Hunter Heffner | Dean of College Counseling Highest-paid employee | 40 | $106,496 | $47,013 |
| Jayme Richards | Director of Technology Highest-paid employee | 40 | $120,287 | $9,248 |
| Adriana Apostol-O'Docharty | Director of Employee Life Highest-paid employee, Former | 40 | $112,397 | $14,922 |
| Lauren Gerber | Director of Annual Fund Highest-paid employee | 40 | $109,074 | $14,758 |
| Merritt Atkins | Board Chair Trustee or director | 4.5 | $0 | $0 |
| Tiffany Clark | Vice Chair Trustee or director | 2.87 | $0 | $0 |
| Julian Williamson | Secretary Trustee or director | 0.94 | $0 | $0 |
| Jean Redding | Treasurer Trustee or director | 1.13 | $0 | $0 |
| Diane Becton | Trustee Trustee or director | 0.75 | $0 | $0 |
| Martin M Borden | Trustee Trustee or director | 1.13 | $0 | $0 |
| April Browne | Trustee Trustee or director | 1.13 | $0 | $0 |
| Catherine Bryant | Trustee Trustee or director | 0.75 | $0 | $0 |
| Hope Carmichael | Trustee Trustee or director | 0.75 | $0 | $0 |
| Elizabeth Dixon | Trustee Trustee or director | 0.75 | $0 | $0 |
| Ken Howard | Trustee Trustee or director | 0.75 | $0 | $0 |
| Earl Johnson III | Trustee Trustee or director | 0.75 | $0 | $0 |
| Sheila McLamb | Trustee Trustee or director | 0.75 | $0 | $0 |
| Janie Swain Molster | Trustee Trustee or director | 0.75 | $0 | $0 |
| Sallie Sabiston Pelletier | Trustee Trustee or director | 0.75 | $0 | $0 |
| Susan Rankin | Trustee Trustee or director | 0.75 | $0 | $0 |
| Will Rideout | Trustee Trustee or director | 0.75 | $0 | $0 |
| Elizabeth M Roberts | Trustee Trustee or director | 1.13 | $0 | $0 |
| D Ward Russell | Trustee Trustee or director | 1.13 | $0 | $0 |
| Charles A Sanders | Trustee Trustee or director | 0.75 | $0 | $0 |
| Sallie Shuping-Russell | Trustee Trustee or director | 0.75 | $0 | $0 |
| Maura Moylan Sullivan | Trustee Trustee or director | 0.75 | $0 | $0 |
| Melissa Tillman | Trustee Trustee or director | 0.75 | $0 | $0 |
| Heather Clark Warren | Trustee Trustee or director | 0.75 | $0 | $0 |
990 for the year ended June 30, 2023: 30 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Carol Meyers | Head of School Officer, Former | 40 | $295,071 | $47,036 |
| Julie Ricciardi | Assoc Head of School Institutional Advancement Key employee | 40 | $183,626 | $32,088 |
| Michelle Lammon | Chief Financial Operations Officer Officer | 40 | $154,932 | $6,948 |
| Robert Weltz | Director of Athletics Highest-paid employee, Former | 40 | $116,203 | $39,513 |
| Terence Wright | Director of Planned Giving Highest-paid employee | 40 | $129,684 | $13,829 |
| Adam Holden | Head of School Officer | 40 | $90,087 | $32,735 |
| Elizabeth M Roberts | Chair Trustee or director | 4.5 | $0 | $0 |
| Merritt Atkins | Vice Chair Trustee or director | 2.87 | $0 | $0 |
| Julian Williamson | Secretary Trustee or director | 0.94 | $0 | $0 |
| Jean Redding | Treasurer Trustee or director | 1.13 | $0 | $0 |
| Diane Becton | Trustee Trustee or director | 0.75 | $0 | $0 |
| Martin M Borden | Trustee Trustee or director | 1.13 | $0 | $0 |
| Peter Bristow | Trustee Trustee or director | 0.75 | $0 | $0 |
| April Browne | Trustee Trustee or director | 1.13 | $0 | $0 |
| Hope Carmichael | Trustee Trustee or director | 0.75 | $0 | $0 |
| Tiffany Clark | Trustee Trustee or director | 0.75 | $0 | $0 |
| Elizabeth Dixon | Trustee Trustee or director | 0.75 | $0 | $0 |
| Lucy V Fountain | Trustee Trustee or director | 0.75 | $0 | $0 |
| Palmer Garson | Trustee Trustee or director | 1.13 | $0 | $0 |
| Earl Johnson III | Trustee Trustee or director | 0.75 | $0 | $0 |
| Jane Marley | Trustee Trustee or director | 0.75 | $0 | $0 |
| Sheila McLamb | Trustee Trustee or director | 0.75 | $0 | $0 |
| Janie Swain Molster | Trustee Trustee or director | 0.75 | $0 | $0 |
| Sallie Sabiston Pelletier | Trustee Trustee or director | 0.75 | $0 | $0 |
| Susan Rankin | Trustee Trustee or director | 0.75 | $0 | $0 |
| Will Rideout | Trustee Trustee or director | 0.75 | $0 | $0 |
| D Ward Russell | Trustee Trustee or director | 1.13 | $0 | $0 |
| Charles A Sanders | Trustee Trustee or director | 0.75 | $0 | $0 |
| Maura Moylan Sullivan | Trustee Trustee or director | 0.75 | $0 | $0 |
| Heather Clark Warren | Trustee Trustee or director | 0.75 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 900 HILLSBOROUGH ST, RALEIGH, NC 27603-1610
- In care of
- % ADAM HOLDEN
- Principal officer (990 for 2024)
- ADAM HOLDEN, 900 HILLSBOROUGH ST, RALEIGH, NC 27603
- Signed the 990
- Michelle Lammon, Chief Financial Operations Officer
- Phone
- (919) 424-4128
- Website
- sms.edu
Mission
Saint Marys School in Raleigh NC is an independent college-preparatory girls boarding and day school dedicated to academic excellence and personal achievement for grades 9 - 12.
Program accomplishments
- Educational activities provide support for around 300 students including a boarding program for students and faculty who opt for it alongside additional services to enhance academic success.Expenses $15,041,718 · grants $3,308,785 · revenue $15,289,160
- N A0
- N A0
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
- 56-0532314
- 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
- 1938
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B410)
- Assets (IRS master file)
- $95,583,045
- Income (IRS master file)
- $25,991,023
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $25,163,210 | $21,585,150 | $95,583,045 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $23,316,668 | $21,339,010 | $94,685,810 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $19,916,469 | $20,851,273 | $90,279,167 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $36,030,346 | $18,824,083 | $84,583,083 | 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 bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 56-0532314).
Questions about SAINT MARYS SCHOOL
- What is the EIN of SAINT MARYS SCHOOL?
- The employer identification number (EIN) of SAINT MARYS SCHOOL is 56-0532314.
- Is SAINT MARYS SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1938.
- Are donations to SAINT MARYS SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SAINT MARYS 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 SAINT MARYS 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 SAINT MARYS 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 SAINT MARYS SCHOOL?
- The 990 for the year ended June 30, 2025 names ADAM HOLDEN.
- Who are the officers and directors of SAINT MARYS SCHOOL?
- The 990 for the year ended June 30, 2025 lists 29 people; 7 received compensation from the organization, the highest $323,306 (Adam Holden, Head of School).
- How much revenue does SAINT MARYS SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $25,163,210, expenses of $21,585,150 and total assets of $95,583,045 at year end.
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