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California · Nonprofit

MARIN ACADEMY

MARIN ACADEMY (California) receives grants from 73 organizations whose IRS filings report $19,341,064 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($5,112,331). 57 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$34M
Funders on record
73
Grants received
$19M
Net assets
$74M
57/73 repeat funderspeak grant-dependency 11%
01What it does

What Marin Academy does

Mission

Marin Academy asks every individual to think, question, and create in an environment of encouragement and compassion, and challenges each person to accept the responsibilities posed by education in a democratic society.

As stated on its FY2025 Form 990.

Program

  1. Marin Academy (ma) is a co-educational independent high school serving grades 9-12. The school enrolls approximately 450 students each year. Marin Academy provides students with a solid foundation in traditional academic subjects in a college-preparatory program. With a commitment to experiential education, ma believes that healthy, challenging experiences both inside and outside the classroom are essential for taking adolescents to and beyond intellectual and theoretical knowledge. Critical thinking (informed, independent, collaborative and creative) is a hallmark of the Marin Academy experience. At ma, students thrive in a supportive, compassionate environment, which promotes friendly, open dialogue (cont. On sch. O)based on respect and trust. During the course of their studies, Marin Academy students explore complex ideas and diverse perspectives, test their values and judgments, and make their own discoveries. Marin Academy asks each individual to recognize our shared responsibility to inspire and foster a purposefully diverse, equitable and just community, where students and adults of varied backgrounds, beliefs, attributes and abilities relate to one another as individuals…

    $24,565,709 spentof which $4,062,736 as grants$27,494,091 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $24,565,709.

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 ($20M) Expenses 100 ($21M) Net assets 100 ($49M)2018 Revenue 115 ($24M) Expenses 109 ($22M) Net assets 100 ($49M)2019 Revenue 133 ($27M) Expenses 118 ($24M) Net assets 108 ($52M)2020 Revenue 135 ($28M) Expenses 123 ($25M) Net assets 113 ($55M)2021 Revenue 147 ($30M) Expenses 126 ($26M) Net assets 131 ($63M)2022 Revenue 155 ($32M) Expenses 134 ($28M) Net assets 126 ($61M)2023 Revenue 161 ($33M) Expenses 148 ($30M) Net assets 135 ($65M)2024 Revenue 167 ($34M) Expenses 156 ($32M) Net assets 145 ($70M)2025 Revenue 167 ($34M) Expenses 165 ($34M) Net assets 152 ($74M)
'17'18'19'20'21'22'23'24'25
Revenue (167)Expenses (165)Net assets (152)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 2021 to 2022, from $100M to $112M (+12%).

$82M
$88M
$90M
$93M
$100M
$112M
$116M
$120M
$125M
'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 1% · 2024 8%. Grants only. Government contracts and fees sit inside program revenue.

11% of MARIN ACADEMY’s revenue is contributions — about as donation-reliant as the typical peer (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. 1 of the last 9 reported years ran a deficit.

−$112k
’17
$1.2M
’18
$3.1M
’19
$2.3M
’20
$4.3M
’21
$4.2M
’22
$2.7M
’23
$2.2M
’24
$296k
’25
7.7
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

Paul Levitan

Board chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed333133343233333433
Joined·+5+6+7+6+30+7+9+6
No longer listed·746829787
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 27 funders to 32 funders, grant income rose $1.1M → $2.3M.

28 of 73 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 68% 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 MARIN ACADEMY’s funders (the co-funder graph). Top 30 of 73 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

MARIN ACADEMY has a broad base — no single funder exceeds 26% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

70% 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 MARIN ACADEMY.

26%
largest funder
52%
top three
~8
effective funders

Largest funder’s share by year: 2017 38% · 2018 24% · 2019 31% · 2020 26% · 2021 56% · 2022 36% · 2023 29% — diversifying over time.

“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

53% of MARIN ACADEMY's funders are still giving 3 years after their first grant; 78% 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

68% of MARIN ACADEMY's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $6.2M that is directly attributable, 64% of it comes from funders outside California, across 11 states.

MN
WI
NY
NJ
CA
MO
KY
DE
NC
DC
FL

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

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

Funder states come from each funder’s own filing. $13M arriving through sponsors registered in 18 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

MARIN ACADEMY holds deeper cash reserves than three-quarters of the 3,758 education nonprofits its size.

Operating margin1% · below the median
Months of reserve7.7mo · top quartile
Revenue growth (annualized)7% · below the median

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

Organizations like MARIN 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 California

Nationally

05Profile & governance

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

Where the money goes

76% of spending goes to programs.

Program 76%Management 20%Fundraising 5%

Governance

28
board members
89%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for MARIN 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 MARIN ACADEMY?
MARIN ACADEMY (California) receives grants from 73 organizations whose IRS filings report $19,341,064 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($5,112,331). 57 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does MARIN ACADEMY have?
IRS filings report 73 organizations giving $19,341,064 in grants to MARIN ACADEMY, 57 of which have funded it in more than one year.
Who is the largest funder of MARIN ACADEMY?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $5,112,331 in grants. The full list of funders is on this page.
How can an organization like MARIN ACADEMY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Marin Academy →

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 73 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