Browning School is located in New York, NY. The organization was established in 1939. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Browning School employed 169 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Browning School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Browning School generated $30.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $26.6m during the year ending 06/2021. While expenses have increased by 4.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A COLLEGE PREPARATORY SCHOOL FOR BOYS INSTILLING THE PURSUIT OF ACADEMIC EXCELLENCE, A LIFELONG LOVE OF LEARNING, THE BELIEF IN THE DIGNITY OF THE INDIVIDUAL, THE DEVELOPMENT OF PERSONAL INTEGRITY, AND A RESPONSIBILITY TO THE BROADER COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARTERED BOYS SCHOOL WITH GRADES FROM PRE-PRIMARY THROUGH FOURTH YEAR HIGH SCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John M Botti Head Of School | OfficerTrustee | 40 | $822,904 |
John Campbell CFO | Officer | 40 | $435,522 |
Bobbi Mark Chief Advancement Officer | Officer | 40 | $287,532 |
Eugene Campbell Us Head | 40 | $213,444 | |
Danielle Passno Ms Head | 40 | $201,857 | |
Kenneth Marshall Dir Facilities/security | 40 | $188,451 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
40 E 62nd Condo Assoc Condo Related | 6/29/21 | $356,683 |
Pawley Interior Contracting Inc Contractor | 6/29/21 | $232,136 |
Cater To You Inc Food Service | 6/29/21 | $473,983 |
Donnelly Mechanical Contractor | 6/29/21 | $176,813 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $815,202 |
All other contributions, gifts, grants, and similar amounts not included above | $2,169,246 |
Noncash contributions included in lines 1a–1f | $114,030 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,984,448 |
Total Program Service Revenue | $23,211,242 |
Investment income | $1,417,603 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,571,913 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $30,185,206 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $3,697,930 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,795,287 |
Compensation of current officers, directors, key employees. | $1,486,026 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $10,557,635 |
Pension plan accruals and contributions | $410,051 |
Other employee benefits | $2,019,195 |
Payroll taxes | $806,449 |
Fees for services: Management | $22,731 |
Fees for services: Legal | $89,153 |
Fees for services: Accounting | $30,750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $124,848 |
Information technology | $201,327 |
Royalties | $0 |
Occupancy | $2,532,911 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,165,222 |
Insurance | $272,206 |
All other expenses | $0 |
Total functional expenses | $26,639,094 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,603,591 |
Savings and temporary cash investments | $6,138,855 |
Pledges and grants receivable | $121,384 |
Accounts receivable, net | $286,562 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $309,481 |
Net Land, buildings, and equipment | $29,881,649 |
Investments—publicly traded securities | $62,761,948 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,312,885 |
Total assets | $105,416,355 |
Accounts payable and accrued expenses | $2,169,007 |
Grants payable | $0 |
Deferred revenue | $7,764,095 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $879,056 |
Total liabilities | $10,812,158 |
Net assets without donor restrictions | $57,766,774 |
Net assets with donor restrictions | $36,837,423 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $105,416,355 |
Over the last fiscal year, we have identified 21 grants that Browning School has recieved totaling $196,590.
Awarding Organization | Amount |
---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $65,000 |
J & K Pi Family Foundation Inc Manhasset, NY PURPOSE: GENERAL DONATION | $52,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
The Liptak Family Foundation New York, NY PURPOSE: EDUCATIONAL | $10,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $10,000 |
The Phffoundation Inc Old Greenwich, CT PURPOSE: EDUCATION | $8,500 |
Beg. Balance | $46,428,875 |
Earnings | $12,797,539 |
Net Contributions | $155,830 |
Ending Balance | $59,382,244 |
Organization Name | Assets | Revenue |
---|---|---|
Horace Mann School Bronx, NY | $475,824,158 | $137,244,948 |
Ethical Culture Fieldston School New York, NY | $252,651,487 | $107,394,843 |
Dalton Schools Inc New York, NY | $268,184,018 | $87,154,384 |
Milton Academy Milton, MA | $512,730,465 | $105,004,685 |
Riverdale Country School Inc Bronx, NY | $247,467,239 | $82,826,277 |
Trinity Episcopal Schools Corporation New York, NY | $265,614,292 | $76,873,691 |
United Nations International School New York, NY | $95,948,249 | $80,239,931 |
Columbia Grammar & Preparatory School New York, NY | $126,207,367 | $82,489,526 |
Poly Prep Country Day School Brooklyn, NY | $174,200,532 | $76,376,518 |
Saint Anns School Brooklyn, NY | $162,069,731 | $73,475,158 |
Pingry Corporation Basking Ridge, NJ | $215,792,985 | $70,756,009 |
Spence School New York, NY | $416,454,517 | $72,977,566 |