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Nonprofit · EIN 02-0223317

BREWSTER ACADEMY

Tax-exempt · WOLFEBORO, NH 03894

Financials

$31M$30.3M2023$35.9M$30.7M2024
Revenue Expenses · by fiscal year end
Financials of BREWSTER ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$35,947,435$30,685,202$5,262,233$105,786,634$29,025,848$76,760,786
June 30, 2024990$31,029,626$30,314,101$715,525$98,088,026$29,470,235$68,617,791
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$7,041,311
of which government grants
$1,423,328
Program service revenue
$27,463,120
Investment income
$1,149,499
Net gain from sales of assets
-$23,982
Net income from fundraising events
-$12,409
Net income from gaming
$395
Other revenue
$293,505

Expenses

Grants and similar amounts paid
$7,243,782
Compensation of officers, directors and key employees
$1,266,741
Other salaries and wages
$8,766,685
Salaries, compensation and benefits (total)
$12,809,995
Professional fundraising fees
$0
Legal fees
$86,483
Accounting fees
$63,725
Occupancy
$1,248,336
Travel
$693,676
Depreciation
$2,547,922
Program services (functional)
$25,785,784
Management and general (functional)
$3,915,465
Fundraising (functional)
$983,953

Balance sheet and other

Total assets, start of year
$98,088,026
Total assets, end of year
$105,786,634
Total liabilities, end of year
$29,025,848
Net assets, end of year
$76,760,786
Land, buildings and equipment
$50,691,027
Publicly traded securities
$20,916,618
Net assets without donor restrictions
$43,406,461
Net assets with donor restrictions
$33,354,325
Gross unrelated business income
$82,850
Gross receipts
$42,106,250
Employees
241
Volunteers
21
Year formed
1887
State of legal domicile
NH

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.

NameTitleHours / weekCompensationOther / benefits
Kristy M KerinHead of School
Officer
60$480,067$102,295
Craig GemmellPresident
Officer
5$317,172$141,754
Peter GilliganChief Tech. & Operations Officer
Highest-paid employee
50$194,197$49,731
Susan HarringtonChief Financial Officer
Officer
60$198,556$26,897
Nicholas WilburDirector of Enrollment Management
Highest-paid employee
50$153,042$40,520
John NorthropDirector of Advancement
Highest-paid employee
50$112,901$66,027
James ReillyAsst. Head of School - Campus Life
Highest-paid employee
50$155,414$10,879
Tyler ButlerDirector of Finance/Financial Aid
Highest-paid employee
50$123,554$11,324
Roy BallentineChairman
Trustee or director, Officer
3$0$0
Arthur W Coviello JrVice Chairman
Trustee or director, Officer
2$0$0
Brian BallentineSecond Vice Chair
Trustee or director, Officer
2$0$0
Robert MuellerTreasurer
Trustee or director, Officer
2$0$0
Carlos NobleSecretary
Trustee or director, Officer
2$0$0
Richard BlackburnTrustee
Trustee or director
2$0$0
Ronn BronzettiTrustee
Trustee or director
2$0$0
14 more people on this return
NameTitleHours / weekCompensation
Richard CarlsonTrustee
Trustee or director
2$0
Martha CassidyTrustee
Trustee or director
2$0
Scott CurveyTrustee
Trustee or director
2$0
George J Dohrmann IIITrustee
Trustee or director
3$0
Karen FixTrustee
Trustee or director
2$0
Gabrielle Joy GattaTrustee
Trustee or director
2$0
Peter GraysonTrustee
Trustee or director
2$0
Joan HillTrustee
Trustee or director
2$0
Kirk KoenigsbauerTrustee
Trustee or director
2$0
Jean RegnierTrustee
Trustee or director
2$0
Andrew ReyesTrustee
Trustee or director
2$0
Rev Nancy Spencer SmithTrustee
Trustee or director
2$0
Steven WebsterTrustee
Trustee or director
3$0
Richard Wood IITrustee
Trustee or director
3$0
990 for the year ended June 30, 2024: 32 people
NameTitleHours / weekCompensationOther / benefits
Craig GemmellPresident
Officer
60$430,277$135,817
Kristy M KerinHead of School
Officer
60$395,167$92,014
Peter GilliganChief Tech. & Operations Officer
Highest-paid employee
50$181,416$44,508
Nicholas WilburDirector of Enrollment Management
Highest-paid employee
50$158,862$38,341
Susan HarringtonChief Financial Officer
Officer
50$169,401$22,545
James ReillyAsst. Head of School - Campus Life
Highest-paid employee
50$156,583$10,961
John NorthropDirector of Advancement
Highest-paid employee
50$108,368$28,312
Tyler ButlerDirector of Finance/Financial Aid
Highest-paid employee
50$120,379$10,566
Roy BallentineChairman
Trustee or director, Officer
3$0$0
Arthur W Coviello JrVice Chairman
Trustee or director, Officer
3$0$0
Brian BallentineSecond Vice Chair
Trustee or director, Officer
3$0$0
Robert MuellerTreasurer
Trustee or director, Officer
2$0$0
Carlos NobleSecretary
Trustee or director, Officer
3$0$0
Richard BlackburnTrustee
Trustee or director
2$0$0
Ronn BronzettiTrustee
Trustee or director
2$0$0
Richard CarlsonTrustee
Trustee or director
2$0$0
Martha CassidyTrustee
Trustee or director
2$0$0
Scott CurveyTrustee
Trustee or director
2$0$0
George J Dohrmann IIITrustee
Trustee or director
2$0$0
Karen FixTrustee
Trustee or director
2$0$0
Gabrielle Joy GattaTrustee
Trustee or director
2$0$0
Peter GraysonTrustee
Trustee or director
2$0$0
Joan HillTrustee
Trustee or director
2$0$0
Kirk KoenigsbauerTrustee
Trustee or director
2$0$0
Jean RegnierTrustee
Trustee or director
2$0$0
Andrew ReyesTrustee
Trustee or director
2$0$0
Rev Nancy Spencer SmithTrustee
Trustee or director
2$0$0
Steven WebsterTrustee
Trustee or director
2$0$0
Richard Wood IITrustee
Trustee or director
2$0$0
James CurveyPast Trustee
Trustee or director
2$0$0
Yong Hak HuhPast Trustee
Trustee or director
2$0$0
Ashley PettusPast Trustee
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
80 ACADEMY DR, WOLFEBORO, NH 03894-4115
Principal officer (990 for 2024)
Kristy Kerin, 80 Academy Drive, Wolfeboro, NH 03894
Signed the 990
Robert Mueller, Treasurer
Phone
(603) 569-7105
Return prepared by
Berry Dunn McNeil & Parker LLC

Mission

We prepare diverse thinkers for lives of purpose.

990 for the year ended June 30, 2025

Program accomplishments

  • Brewster Academy is a private high school that enrolls both boarding and day students. In addition to a broad educational curriculum, the school provides an extensive athletic program. The Brewster program is designed to meet students at their current level of performance and accelerate them in their mastery of skills and knowledge, ensuring that graduates are prepared for the challenges of college and careers and the skills needed for success in the 21st century.Brewster Academy strives to provide an approach to learning that has the exponential power to transform education, communities, and the lives of students in our care.
    Expenses $25,459,087 · grants $7,243,782 · revenue $26,355,234
  • The Summer Program featured educational programs and conferences during the summer recess, including Royal Thai Scholars and ADIA.
    Expenses $326,697 · revenue $1,107,886

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
02-0223317
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
1946
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B250)
Assets (IRS master file)
$105,786,634
Income (IRS master file)
$42,106,250

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$35,947,435$30,685,202$105,786,634XML
990-TJune 2025–––IRS
990June 2024$31,029,626$30,314,101$98,088,026IRS
990-TJune 2024–––IRS
990June 2023$33,765,643$28,519,169$94,737,573IRS
990-TJune 2023–––IRS
990June 2022–––IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––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 02-0223317).

Questions about BREWSTER ACADEMY

What is the EIN of BREWSTER ACADEMY?
The employer identification number (EIN) of BREWSTER ACADEMY is 02-0223317.
Is BREWSTER ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
Are donations to BREWSTER ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BREWSTER ACADEMY 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 BREWSTER ACADEMY 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 BREWSTER ACADEMY 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 BREWSTER ACADEMY?
The 990 for the year ended June 30, 2025 names Kristy Kerin.
Who are the officers and directors of BREWSTER ACADEMY?
The 990 for the year ended June 30, 2025 lists 29 people; 8 received compensation from the organization, the highest $480,067 (Kristy M Kerin, Head of School).
How much revenue does BREWSTER ACADEMY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $35,947,435, expenses of $30,685,202 and total assets of $105,786,634 at year end.

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