SCHOOL PROFILE · FREE PREVIEW
SCHOOL PROFILE · FREE PREVIEW
The Miller School of Albemarle
Charlottesville, VA · Independent schoolNAIS MEMBER
THE READ · FREE SUMMARY
The Miller School of Albemarle looks durable. The school holds 3.0 years of operating cushion, on the lighter end for a boarding school. Revenue is unusually diversified at 53% tuition-dependent (peer median 86%), with the endowment and gifts carrying real weight. Staff compensation runs 43% of expenses, well below the peer median, worth understanding why. Net assets are growing 6.0%/yr over three years; the cushion is being built, not drawn. NACUBO Composite Financial Index: 10.0 / 10, strong.
The Miller School of Albemarle runs only 53% tuition-dependent — unusually diversified for an independent school. Endowment payout and contributions carry meaningful weight in the operating budget.
The Miller School of Albemarle reported $19.0M in revenue against $12.7M in expenses in fiscal year 2023, the most recent filing on record. Net assets stood at $38.8M — about 3.05x annual operating expense.
Operating margin landed at 32.9%, with 52.8% of revenue coming from tuition. Among same-size peers, that puts The Miller School of Albemarle at the p93 on operating margin.
$19.0M
REVENUE FY2023
32.9%
OP MARGIN
20
PEERS RESOLVED
IRS FORM 990 · DATA THROUGH FY2023
THE FULL REPORT
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Ten panels on The Miller School of Albemarle: 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, The Miller School of Albemarle ranks 4th 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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