The school year comprises 2 semesters extending from August 30 to January 19 and from January 20 to May 31. The School is governed by a 3-member Board of Directors, including 1 who is elected by the Parents' Association and 2 who are appointed by the U.S. Ambassador. Membership in the Parents' Association is automatically conferred on the parents or guardians of children enrolled in the School. The School is not incorporated. The curriculum is that of U.S. general academic public schools, but also draws on the local environment and the interests of the children enrolled.
Instruction is in English.
The Icelandic language is taught on an informal basis. Swimming is taught twice a week. There are 6 faculty members in the 2000-2001 school year, including 4 U.S. citizens and 2 Icelandic citizens. There are two classroom teachers, two science teachers, a swimming teacher and an Icelandic language teacher. The School is housed in a rented converted apartment, which contains adequate classroom space and a small but well-organized library.