SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
Shattuck-St. Mary's School
Faribault, MN · Independent K-12NAIS MEMBER
THE READ · FREE SUMMARY
Shattuck-St. Mary's School looks durable. The school holds only 1.8 years of operating cushion, unusually thin for a boarding school's residential capex load. Revenue runs 83% tuition-dependent (peer median 81%), heavier than the boarding cohort typically carries, so the cushion does real work. Staff compensation runs 41% of expenses, well below the peer median, worth understanding why. NACUBO Composite Financial Index: 5.1 / 10, strong.
Shattuck-St. Mary's School reported $36.2M in revenue against $36.0M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $63.7M — about 1.77x annual operating expense.
Operating margin landed at 0.5%, with 83.2% of revenue coming from tuition. Among same-size peers, that puts Shattuck-St. Mary's School at the p30 on operating margin.
$36.2M
REVENUE FY2023
0.5%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on Shattuck-St. Mary's School: financial health, peer comparison, community demographics, paying & giving capacity, competitive position, enrollment demand, leadership compensation, governance — and the questions to ask. One subscription opens every school.
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WHERE THIS SCHOOL SITS · REVENUE SCALE VS PEERS
Among 20 similar peer schools, Shattuck-St. Mary's School ranks 12th by latest 990 revenue.
Revenue scale
WHAT’S IN THE REPORT
- Financials — IRS Form 990, up to nine years on file.
- Enrollment & demand — IRS 990 tuition revenue + U.S. Census county births.
- Competition — NCES private (PSS) + public (CCD) school inventory.
- Demographics — U.S. Census Bureau, ACS 5-year estimates.
- Local economy — U.S. Bureau of Labor Statistics, QCEW and CES.
- Peer set — 1,620 independent schools with verified financials.
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