Shattuck-St Marys Schools
1000 Shumway Ave, Faribault, MN · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $39,621,966 | $38,434,521 | $66,608,564 |
| FY2024 | $36,183,306 | $36,021,497 | $63,713,336 |
| FY2023 | $36,009,097 | $34,664,990 | $57,514,821 |
| FY2022 | $34,496,888 | $32,876,881 | $56,157,270 |
| FY2021 | $33,078,824 | $31,112,514 | $57,693,895 |
| FY2020 | $36,933,370 | $32,246,857 | $53,344,440 |
| FY2019 | $35,024,140 | $35,791,702 | $47,897,577 |
| FY2018 | $33,055,326 | $35,575,068 | $48,645,439 |
| FY2017 | $43,529,531 | $33,490,785 | $50,640,725 |
| FY2016 | $30,445,455 | $33,590,598 | $38,915,589 |
| FY2015 | $31,395,708 | $27,506,174 | $42,389,183 |
| FY2014 | $27,670,200 | $25,401,558 | $38,426,843 |
| FY2013 | $25,930,017 | $24,151,432 | $34,863,982 |
| FY2012 | $25,770,531 | $22,300,974 | $31,496,446 |
Form 990 filings
The returns filed by Shattuck-St Marys Schools (EIN 41-0696908), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $3,639,062 | 9% |
| Program service revenue | $33,705,251 | 85% |
| Other revenue | $2,277,653 | 6% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $34,076,976 | 89% |
| Management & general | $3,683,129 | 10% |
| Fundraising | $674,416 | 2% |
What the numbers show
- Program service revenue made up 85% of total revenue in FY2025.
- Program services accounted for 89% of functional expenses, management & general 10%, and fundraising 2%.
- 89% of functional expenses went to program services in FY2025. That is higher than 56.2% of 73 Education organizations in MN.
- Net assets covered about 20.8 months of expenses at the end of the reporting year. That puts it in the 63rd percentile among 1313 Education organizations in MN.
- Total revenue was higher than 97.9% of 1323 Education organizations in MN.
- Total revenue rose from $25,770,531 in FY2012 to $39,621,966 in FY2025. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2016, FY2018, FY2019).
- The highest revenue on record here is $43,529,531 in FY2017.
- Net assets grew from $31,496,446 to $66,608,564 between FY2012 and FY2025.
- Contributions and grants made up 18% of revenue in FY2012 and 9% in FY2025.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
WE ARE A GLOBAL LEARNING COMMUNITY THAT HONORS TRADITION WHILE EMBRACING INNOVATION. BY CULTIVATING CREATIVE, INDEPENDENT THINKING, WE FOSTER THE TRANSFORMATION OF OUR STUDENTS TO BECOME CITIZENS OF INTEGRITY FOR AN EVER-CHANGING WORLD.
IRS status
| Ruling year | 1952 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B200 — Education (in MN) |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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