Global Montessori Academy

Analysis

Global Montessori Academy is a registered charity in United States, based in Prairie VLG, KS. It received its IRS tax-exemption ruling in November 1991, 35 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Global Montessori Academy reported income of $1.6m and spending of $1.7m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.6m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Global Montessori Academy sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within KS. Charities of a similar size with the same main cause include Associated Black Charities Inc ($1.6m), St Patricks Center Inc ($1.6m) and Marietta Schools Foundation Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $92k (5.4% of expenses). Other salaries and wages came to $776k. At year end it held assets of $1.7m against liabilities of $1.1m, net assets of $570k. It reported 30 employees.