The Maine Girls' Academy has announced that it will shut its doors later in July.
The Portland-based school, which is the only all-girls private school in the state, announced the decision Thursday on its website.
The academy's board chair, Heidi Osborn, says the decision ultimately came down to declining enrollment and revenue. She says only 91 girls were enrolled at the school last year.
"We just ran out of runway to turn it into a successful and sustainable school."
Other private schools, including Lee Academy and Maine Central Institute, have been forced to make cuts this year due to similar enrollment situations. Osborn says the Maine Girls' Academy has reached an agreement to allow its students to transfer and attend nearby North Yarmouth Academy next year at no additional cost.