The Elisabeth Morrow School directs all of its resources to its primary mission of education. More than 85% of the school’s annual expenses support educational programs in the form of faculty and staff salaries, benefits, program and instructional materials, and financial aid. The school’s physical plant, technology services, general administrative support, and capital improvements account for the remaining 15%.
2022–2023 Fiscal Year
Expenditures
As with all independent schools, the cost of education significantly exceeds the full cost of tuition for every student. Tuition and fees make up approximately 80% of the school’s income, supplemented by Auxiliary revenue (7.5%) and Endowment income (5%).
Revenue
Generous donations to the Apple Tree Fund from alumni, current parents, grandparents, trustees, foundations, and other friends — and participation and support of EMS’ annual spring benefit — help close the gap between tuition revenue and actual program costs.
LEARN MORE ABOUT OUR VISION AND GOALS FOR THE FUTURE OF EMS
Important 2023–2024 State of the School topics include updates from Chilton House, Little School, and Morrow House, as well as Advancement, Auxiliary Programs, Communications and Marketing, Enrollment, Facilities and Operations, and Community Life, Equity, and Belonging.
