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Filing year 2023

Monticello Academy Inc

West Valley City, Utah·EIN 20-4303874·NTEE B29 · Education·501(c)(3)
Total revenue
$13.1M
Total assets
$22.3M
Total expenses
$12.8M
Reported officers
5
Mission

The mission of Monticello Academy is to prepare students for higher education by providing a well-rounded, rigorous liberal arts education and developing the traditional American traits of hard work and strong moral character that lead to academic and life success.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Utah.

Executive Director
Above 90th percentile
$220k
$241k
Base
$173k
Bonus
Other
Benefits
$17k
Trustee
Board Member
25th percentile to medianvs Education peers nationwide
$25k
$28k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Monticello Academy Inc equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
2%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 13%
from 2022

From $194k in 2022 to $220k in 2023.

$194k
2022
$220k
2023
In today's dollarsEst.
Up 8% in real terms$222k to $241k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 13% from 2022 to 2023, while revenue rose 10%.

$194k in 2022 to $220k in 2023.
  • Board Member pay rose 277% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Monticello Academy Inc

What does the Chief Executive Officer of Monticello Academy Inc earn?

In 2023, the Chief Executive Officer of Monticello Academy Inc received $219,756 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Utah: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Monticello Academy Inc compare with similar nonprofits?

Compared with the same role at Education organizations in Utah, the 2023 pay of the Chief Executive Officer at Monticello Academy Inc falls in the top 10%. In 2023, the highest total compensation at Monticello Academy Inc equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are Monticello Academy Inc's revenue and expenses?

In 2023, Monticello Academy Inc reported $13.1M in total revenue and $12.8M in total expenses on its IRS Form 990.

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