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New Mexico · Nonprofit

ALBUQUERQUE ACADEMY

ALBUQUERQUE ACADEMY (New Mexico) receives grants from 45 organizations whose IRS filings report $14,568,180 to it, the largest being SIMMS TR #1-DIMA-SPA-ALTH ($6,472,485). 22 of them have funded it in more than one year.

Revenue FY2025
$46M
Funders on record
45
Grants received
$15M
Net assets
$93M
22/45 repeat funderspeak grant-dependency 7%
01What it does

What Albuquerque Academy does

Mission

Albuquerque Academy is a non-denominational, coeducational, independent day school.

As stated on its FY2025 Form 990.

Programs

  1. Albuquerque Academy is a nationally recognized independent, college preparatory school that serves a diverse student body in grades six through twelve. The school offers educational programs that promote a passion for lifelong learning, foster creativity and connection, and encourage community service. The academy opened its doors in the fall of 1955 with 12 boys in grades 7 through 9, two teachers, and founding head william wilburn. Classes were held in rented space in the parish hall of st. Michael's and all angels church. In 1957, enrollment had grown to 75 boys and the school moved to a 27-acre site on north edith boulevard in albuquerque, nm. The first class of seven boys graduated in 1960. In 1966, the school moved to its present location, and in 1967/68 was home to 405 boys. Girls were admitted beginning in 1973. For the school year 2024/25, the academy served 1,198 girls and boys in grades 6 through 12.the academy's remarkable growth was made possible largely through the transformational gift of albert g. Simms, a new mexico financier and rancher, and his wife, ruth hanna mccormick simms. In the early 1960's the simms gave or bequeathed to the academy (in trust) more than…

    $33,529,034 spentof which $4,993,744 as grants$32,386,852 earned by the program
    86% of program spending
  2. Summer programthe academy summer session offered the opportunity to 1,311 children of the greater albuquerque community (most nonaffiliated with the regular school year) to participate in an enriching and exciting summer experience during the fiscal year ended june 30, 2025. The program had many class offerings including early childhood programs, a day camp, various sports camps and swim instruction for children from preschool to high school. Credit classes in math and science are also offered to high school students.the summer program has been an integral part of the academy since 1984, reinforcing the school's unique mission of accessibility, affordability, excellence and outreach. An important outreach effort is the multicultural summer honors program, a summer scholarship program for academically talented and motivated african american, native american, hispanic, and other students who will be entering the fourth and fifth grades. Overall, the summer programs build a broader sense of community as summer students and their siblings, as well as children of faculty and alumni, return summer after summer. The session is staffed by qualified and talented individuals who come from…

    $2,284,356 spent$1,893,407 earned by the program
    6% of program spending
  3. The academy dining halls provide lunch every school day for students, faculty and staff. Sage, the school's food services vendor, has served independent schools for over 24 years. Sage's mission is ot create exceptional dining experiences that delight the senses, inspire minds and foster community. They provide nutritious meals prepared with care, presented in an attractive manner and served in a friendly atmosphere by a courteous staff. The sage team has become a part of the academy community, sharing every success and joining in every celebration.

    $2,076,420 spentof which $203,892 as grants$1,651,783 earned by the program
    5% of program spending
  4. Charger aquatics ("cao"):caq is a comprehensive, year-round aquatics program that provides swimmers in the greater albuquerque area with opportunities to learn, participate, and compete in the school's natatorium and is offered as part of the school's ongoing commitment to provide service and outreach to the community at large. Caq offers membership in usa-sanctioned clubs, including usa swimming and us masters swimming, along with a selection of non-member aquatics classes such as swim lessons and lifeguard certification. Total enrollment for all programs was 338 for the fiscal year ended june 30, 2025.

    $975,503 spentof which $89,292 as grants$622,718 earned by the program
    3% of program spending
  5. Other auxilaries

    $0 spent$588,198 earned by the program
    0% of program spending

The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $38,865,313.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($33M) Expenses 100 ($34M) Net assets 100 ($74M)2018 Revenue 97 ($32M) Expenses 99 ($34M) Net assets 97 ($72M)2019 Revenue 122 ($40M) Expenses 101 ($34M) Net assets 102 ($75M)2020 Revenue 100 ($33M) Expenses 97 ($33M) Net assets 97 ($71M)2021 Revenue 104 ($34M) Expenses 94 ($32M) Net assets 128 ($95M)2022 Revenue 110 ($36M) Expenses 104 ($36M) Net assets 105 ($78M)2023 Revenue 105 ($34M) Expenses 109 ($37M) Net assets 108 ($80M)2024 Revenue 116 ($38M) Expenses 111 ($38M) Net assets 117 ($86M)2025 Revenue 138 ($46M) Expenses 130 ($45M) Net assets 126 ($93M)
'17'18'19'20'21'22'23'24'25
Revenue (138)Expenses (130)Net assets (126)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $119M to $143M (+20%).

$122M
$119M
$143M
$142M
$166M
$147M
$151M
$157M
$162M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 10% · 2022 6% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

8% of ALBUQUERQUE ACADEMY’s revenue is contributions — more earned-revenue than three-quarters of its peers (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$1.4M
’17
−$2.0M
’18
$5.6M
’19
−$256k
’20
$2.0M
’21
$657k
’22
−$2.8M
’23
$232k
’24
$933k
’25
1.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Diane Harrison Ogawa

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed303131323534312931
Joined·+6+4+6+8+4+2+5+7
No longer listed·54555575
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 10 funders to 18 funders, grant income fell $1.9M → $1.9M.

15 of 45 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 19% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ALBUQUERQUE ACADEMY’s funders (the co-funder graph). Top 30 of 45 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ALBUQUERQUE ACADEMY leans on a few funders — its largest provides 44% of grant income and the top three 69%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

66% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ALBUQUERQUE ACADEMY.

44%
largest funder
69%
top three
~4
effective funders

Largest funder’s share by year: 2017 72% · 2018 71% · 2019 52% · 2020 54% · 2021 65% · 2022 78% · 2023 76% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

52% of ALBUQUERQUE ACADEMY's funders are still giving 3 years after their first grant; 49% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

ALBUQUERQUE ACADEMY draws 98% of its grant income from funders outside New Mexico, across 14 states in all.

WA
MN
IL
MI
NY
OR
NJ
RI
DE
AZ
NM
NC
OK
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New Mexico out of state home

Funder states come from each funder’s own filing. $2.7M arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ALBUQUERQUE ACADEMY's revenue grew 38% between 2017 and 2025.

Operating margin2% · below the median
Months of reserve1.7mo · below the median
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Organizations like ALBUQUERQUE ACADEMY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New Mexico

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 10%Fundraising 2%

Governance

24
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

NM

Part of a family of 5 related entities

  • Albuquerque Academy Educational Foundation · exempt
  • Albuquerque Academy for Boys Trust #1 · exempt
  • Albuquerque Academy for Boys Trust #2 · exempt
  • Albuquerque Academy Student Support Foundation · exempt
  • High Desert Investment Corporation · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for ALBUQUERQUE ACADEMY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ALBUQUERQUE ACADEMY?
ALBUQUERQUE ACADEMY (New Mexico) receives grants from 45 organizations whose IRS filings report $14,568,180 to it, the largest being SIMMS TR #1-DIMA-SPA-ALTH ($6,472,485). 22 of them have funded it in more than one year.
How many funders does ALBUQUERQUE ACADEMY have?
IRS filings report 45 organizations giving $14,568,180 in grants to ALBUQUERQUE ACADEMY, 22 of which have funded it in more than one year.
Who is the largest funder of ALBUQUERQUE ACADEMY?
SIMMS TR #1-DIMA-SPA-ALTH is the largest funder on record, with $6,472,485 in grants. The full list of funders is on this page.
How can an organization like ALBUQUERQUE ACADEMY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Mexico. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 45 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing