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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Employees Phillips Exeter Academy Justin Merrill

Justin Merrill

Highest compensated employee

Investments Director at Phillips Exeter Academy

Fiscal year ended June 30, 2024. Published on January 25, 2026.

$464,521
2024

Total compensation

Justin Merrill has been listed as an employee of Phillips Exeter Academy in Form 990 filings since at least fiscal year 2016. Total compensation for Justin Merrill has increased by 92.8% from 2016 to 2024.

Annual compensation details

$464,521
+11.5%
Investments Director
2024
$384k org
40 hrs/wk
$81k other
--
$416,537
-7.7%
Investments Director
2023
$364k org
40 hrs/wk
$54k other
--

Total compensation by year

Compare the compensation of Justin Merrill to:

2024

Other employees at Phillips Exeter Academy

William Rawson
Principal
$792,717
$656,751 from orgNo related comp$135,966 other
Katharina Lilly
Medical Director
$426,510
$294,822 from orgNo related comp$131,688 other
Marijka Beauchesne
Chief Financial Officer
$420,472
$365,057 from orgNo related comp$55,415 other
Morgan Dudley
Director Institutional ADV
$405,176
$329,829 from orgNo related comp$75,347 other
Holly Barcroft
General Counsel
$403,755
$316,985 from orgNo related comp$86,770 other
William Leahy
DEAN of Enrollment
$312,830
$210,049 from orgNo related comp$102,781 other
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Revisions to this profile

January 25, 2026:
2024 Phillips Exeter Academy 990 published
January 25, 2026:
2023 Phillips Exeter Academy 990 published
January 25, 2026:
2022 Phillips Exeter Academy 990 published

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$451,206
+13.9%
Investments Director
2022
$355k org
40 hrs/wk
$97k other
--
$396,158
-5.7%
Investments Director
2021
$340k org
40 hrs/wk
$57k other
--
$420,178
+10.8%
Investments Director
2020
$332k org
40 hrs/wk
$89k other
--
$379,199
+20.2%
Investments Director
2019
$322k org
40 hrs/wk
$58k other
--
$315,382
+27.8%
Investments Director
2018
$260k org
38 hrs/wk
$56k other
--
$246,852
+2.4%
Director of Investments and FIN
2017
$202k org
38 hrs/wk
$46k other
--
$240,978
Director of Investments and FIN
2016
$198k org
38 hrs/wk
$44k other
--

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