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Filing year 2023

TRUSTEES OF PHILLIPS ACADEMY

Andover, Massachusetts·EIN 04-2103579·NTEE B250 · Education·3
Total revenue
$207.9M
Total assets
$2B
Total expenses
$161.9M
Reported officers
36

Executive compensation, broken down

Form 990 · Schedule J · 14 reported individuals · Filing year 2023

Chief Investment Officer
key employee
$1.1M
$1.2M
Base
$464k
Bonus
$548k
Other
Benefits
$48k
Head of School / Trustee
board member
$1M
$1.1M
Base
$706k
Bonus
Other
Benefits
$194k
Secretary of the Academy
key employee
$567k
$624k
Base
$452k
Bonus
Other
Benefits
$44k
Asst Head of School/cfo
officer (unspecified)
$455k
$501k
Base
$335k
Bonus
Other
Benefits
$82k
Assoc Director of Investments
highest compensated employee
$436k
$481k
Base
$211k
Bonus
$172k
Other
Benefits
$15k
Assoc Director of Investments
highest compensated employee
$410k
$451k
Base
$303k
Bonus
$55k
Other
Benefits
$14k
Assoc Director of Investments
highest compensated employee
$408k
$449k
Base
$240k
Bonus
$115k
Other
Benefits
$15k
Chief Medical Officer
highest compensated employee
$396k
$436k
Base
$254k
Bonus
Other
Benefits
$112k
Dean of Faculty
key employee
$358k
$395k
Base
$172k
Bonus
Other
Benefits
$168k
Asst Head of School Admission
key employee
$356k
$392k
Base
$210k
Bonus
Other
Benefits
$122k
General Counsel
highest compensated employee
$321k
$354k
Base
$244k
Bonus
Other
Benefits
$50k
Deputy Head of School Academic
key employee
$252k
$278k
Base
$143k
Bonus
Other
$7k
Benefits
$87k
Director of Facilities
key employee
$228k
$251k
Base
$203k
Bonus
Other
$450
Benefits
$3k
Interim Deputy Head of School
former officer/director/trustee
$174k
$191k
Base
$126k
Bonus
Other
Benefits
$36k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 22 unpaid individuals.

Browse compensation in Education

Down 3%
from 2022

From $1.1M in 2022 to $1.1M in 2023.

$1.1M
2022
$1.1M
2023
In today's dollarsEst.
Down 7% in real terms$1.3M to $1.2M

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

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.

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