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Tennessee · Nonprofit

MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE

MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE (Tennessee) receives grants from 115 organizations whose IRS filings report $26,249,856 to it, the largest being MBA WILSON TRUST JUSTIN P WILLIAM M & BLAIR J WILSON TR ($7,399,503). 92 of them have funded it in more than one year.

Revenue FY2025
$46M
Funders on record
115
Grants received
$26M
Net assets
$312M
92/115 repeat funderspeak grant-dependency 10%
01What it does

What Montgomery Bell Academy of the University of Nashville does

Mission

Montgomery bell academy offers young men an exemplary college preparatory experience, assisting them to be "gentlemen, scholars, and athletes and young men of wisdom and moral integrity who will make significant contributions to society.

As stated on its FY2025 Form 990.

Programs

  1. Operation of a school for boys, grades 7-12. The school has an enrollment of over 700 students. The education curriculum includes math, english, history, science, foreign languages, and fine arts.

    $35,268,975 spentof which $4,134,995 as grants$32,451,167 earned by the program
    94% of program spending
  2. Athletics program- grades 7-12 students participate in intermural and interscholastic sports including baseball, basketball, football, soccer, golf, track, swimming, and wrestling.

    $2,225,910 spent$1,487,801 earned by the program
    6% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $37,494,885.

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 ($44M) Expenses 100 ($34M) Net assets 100 ($136M)2018 Revenue 322 ($141M) Expenses 98 ($33M) Net assets 182 ($247M)2019 Revenue 108 ($48M) Expenses 130 ($44M) Net assets 186 ($253M)2020 Revenue 125 ($55M) Expenses 128 ($43M) Net assets 195 ($265M)2021 Revenue 95 ($42M) Expenses 108 ($36M) Net assets 211 ($287M)2022 Revenue 84 ($37M) Expenses 118 ($40M) Net assets 205 ($278M)2023 Revenue 90 ($39M) Expenses 122 ($41M) Net assets 209 ($284M)2024 Revenue 126 ($55M) Expenses 136 ($46M) Net assets 220 ($299M)2025 Revenue 106 ($46M) Expenses 138 ($46M) Net assets 229 ($312M)
'17'18'19'20'21'22'23'24'25
Revenue (106)Expenses (138)Net assets (229)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 2017 to 2018, from $172M to $263M (+52%).

$172M
$263M
$269M
$286M
$303M
$323M
$328M
$343M
$354M
'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

21% of MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE’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. 3 of the last 9 reported years ran a deficit.

$10M
’17
$108M
’18
$3.6M
’19
$11M
’20
$5.4M
’21
−$2.8M
’22
−$2.0M
’23
$9.3M
’24
−$70k
’25
11
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

William F Carpenter Iii

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed596060575959566261
Joined·+9+0+3+6+0+6+8+0
No longer listed·80640921
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 36 funders to 65 funders, grant income rose $1.9M → $3.2M.

24 of 115 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 35% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $7.6M from 9 payers (the payer shares this organization's board, largest The Community Foundation of Middle Tennessee Inc). These are real filings, and they are not money MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE raised.

From the IRS filings of MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE’s funders (the co-funder graph). Top 30 of 115 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

MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE has a broad base — no single funder exceeds 28% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

35% 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 MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE.

28%
largest funder
41%
top three
~10
effective funders

Largest funder’s share by year: 2017 36% · 2018 35% · 2019 31% · 2020 25% · 2021 20% · 2022 25% · 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

55% of MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE's funders are still giving 3 years after their first grant; 80% 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

91% of MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE's grant income comes from Tennessee funders.

WI
MI
NY
MA
WY
IN
NJ
CT
CA
MO
KY
VA
DE
TN
NC
AL
GA
TX
FL

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

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

Funder states come from each funder’s own filing. $9.2M arriving through sponsors registered in 17 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

MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE holds deeper cash reserves than three-quarters of the 3,758 education nonprofits its size.

Operating margin−0% · below the median
Months of reserve11.0mo · top quartile
Revenue growth (annualized)1% · bottom quartile

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

Organizations like MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE

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 Tennessee

Nationally

05Profile & governance

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

Where the money goes

81% of spending goes to programs.

Program 81%Management 13%Fundraising 6%

Governance

56
board members
77%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

TN

Screen this organization

A dated, signed PDF of the compliance screen for MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE: 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 MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE?
MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE (Tennessee) receives grants from 115 organizations whose IRS filings report $26,249,856 to it, the largest being MBA WILSON TRUST JUSTIN P WILLIAM M & BLAIR J WILSON TR ($7,399,503). 92 of them have funded it in more than one year.
How many funders does MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE have?
IRS filings report 115 organizations giving $26,249,856 in grants to MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE, 92 of which have funded it in more than one year.
Who is the largest funder of MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE?
MBA WILSON TRUST JUSTIN P WILLIAM M & BLAIR J WILSON TR is the largest funder on record, with $7,399,503 in grants. The full list of funders is on this page.
How can an organization like MONTGOMERY BELL ACADEMY OF THE UNIVERSITY OF NASHVILLE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. 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 Montgomery Bell Academy of the University of Nashville →

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 115 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