Mission
Founded in 1778, Phillips Academy is an independent coeducational secondary school that emphasizes academic excellence and an expansive worldview, striving to educate 'youth from every quarter.' The academy promotes a balance of intellectual curiosity, engagement, leadership, and service, aiming to prepare graduates who are educated broadly and committed to the public good.
Basic Information
Tax-Exempt
Founded in
1778
EIN
04-2103579
Total Assets
$1.869 billion
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 3 of 3 goals
At a Glance
Academic Offerings
Offering over 300 courses including 8 world languages and 150 electives.
Residential Life
Creating an inviting residence experience where friendships flourish.
Diversity & Inclusion
Phillips Academy fosters a rich and inclusive community.
Impact Stats
46
Countries Represented
Diverse Representation
Students from 46 countries and 43 states/territories are represented.
47%
Percentage of Students Receiving Aid
Financial Aid
47% of students receive financial aid, helping to increase access for all.
400+
Students Engaged in Community Programs
Community Engagement
Over 400 students engage in community programs each term.
Past Events
Student Wellness Panel
January 15, 2025
A Panel on Student Well-being and Mental Health.
Community Conversations on Justice
December 5, 2024
Event featuring community partners discussing social justice topics.
Student Arts Exhibition
November 18, 2024
An inclusive arts exhibition showcasing student creativity.
Upcoming Events
Massachusetts Archaeological Society Lecture
February 18, 2025
Lecture by educator, historian, and archaeologist David Blauvelt.
Learn More
Academy Orchestra Performance
February 28, 2025
Featuring the talented musicians of Phillips Academy.
Learn MoreOur Programs
Volunteer Opportunities
Tutoring Program Volunteer
Assist students in their academic studies.
Testimonials
"I'm so excited about being at Andover; it's everything I wanted."
Adaora, Lower
Student
"Teaching is about allowing students to express themselves."
Kareem Lewis
Instructor in Theatre & Dance
Impact Reports
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
72
68
/100
Program Expense Ratio
77.21%
10
/20
Program Revenue Growth
20.79%
18
/20
Leverage Ratio
0.1118
18
/20
Working Capital Ratio
11.63
20
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2021
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 43.9M | 18.21% |
| Program Services | 77.52M | 32.15% |
| Investment Income | 11.68M | 4.84% |
| Sales of Non-Inventory Assets | 108M | 44.79% |
| Other Notable Sources | 18.41K | 0.01% |
| Total Revenue | 241.1M | 100.00% |