As Jimmy has said, it's absolutely fine to treat institutions, companies and so on as 'people' that can make decisions and carry out actions.
One other thing to point out regarding the grammar of the verb:
In terms of grammar, British and American English are 99% identical, but here we have one tiny difference. An American English speaker would always say "The school wants...", on the grounds that 'school' is a grammatically singular noun. BrE speakers, however, also have the option to say "The school want..", if we want to show that there are a number of people behind the school's decision.