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THE NEW SCHOOL: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
THE NEW SCHOOL (EIN 13-3297197)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-15
IRS object ID
202301359349306540
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-05-15T16:31:58+00:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN350921680PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROWE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1485 Lexington Avenue Floor 11AddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100172619ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN133297197EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The New SchoolBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNEWSBusinessNameControlTxt
Phone6469093667PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line166 West 12th StreetAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10011ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNatalie J D PresseyPersonNm
Person TitleAVP & ControllerPersonTitleTxt
Phone6469093667PhoneNum
Signature2023-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstNatalie J DPersonFirstNm
Person LastPresseyPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNicole BencikPreparerPersonNm
PTINP00756195PTIN
Phone2125725500PhoneNum
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1Dwight A McBrideBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line166 West 12th StreetAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10011ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$917,208,173GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.NEWSCHOOL.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1919FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE NEW SCHOOL'S MISSION IS TO PREPARE OUR STUDENTS TO UNDERSTAND, CONTRIBUTE TO, AND SUCCEED IN A RAPIDLY CHANGING SOCIETY, AND THUS MAKE THE WORLD A BETTER AND MORE JUST PLACE.ActivityOrMissionDesc
Voting Members Governing Body31VotingMembersGoverningBodyCnt
Voting Members Independent30VotingMembersIndependentCnt
Total Employee6201TotalEmployeeCnt
Total Volunteers109TotalVolunteersCnt
Total Gross UBI$721,957TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$72,961NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$43,723,946PYContributionsGrantsAmt
CY Contributions Grants$55,910,574CYContributionsGrantsAmt
PY Program Service Revenue$411,506,816PYProgramServiceRevenueAmt
CY Program Service Revenue$551,351,895CYProgramServiceRevenueAmt
PY Investment Income-$215,205PYInvestmentIncomeAmt
CY Investment Income$5,060,589CYInvestmentIncomeAmt
PY Other Revenue$13,383,870PYOtherRevenueAmt
CY Other Revenue$13,136,187CYOtherRevenueAmt
PY Total Revenue$468,399,427PYTotalRevenueAmt
CY Total Revenue$625,459,245CYTotalRevenueAmt
PY Grants And Similar Paid$151,621,598PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$165,217,547CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$222,350,645PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$260,949,324CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$3,811,591CYTotalFundraisingExpenseAmt
PY Other Expenses$165,329,312PYOtherExpensesAmt
CY Other Expenses$200,964,960CYOtherExpensesAmt
PY Total Expenses$539,301,555PYTotalExpensesAmt
CY Total Expenses$627,131,831CYTotalExpensesAmt
PY Revenues Less Expenses-$70,902,128PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,672,586CYRevenuesLessExpensesAmt
Total Assets BOY$1,684,598,012TotalAssetsBOYAmt
Total Assets EOY$1,709,557,575TotalAssetsEOYAmt
Total Liabilities BOY$1,091,458,312TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,152,338,742TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$593,139,700NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$557,218,833NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE NEW SCHOOL WAS BORN OUT OF A COMMITMENT TO ACADEMIC FREEDOM, TOLERANCE, AND EXPERIMENTATION. OUR FUTURE WILL BE SHAPED BY THE QUALITIES THAT HAVE DEFINED OUR PAST: (CONTINUED ON SCHEDULE O)MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$189,133,350ExpenseAmt
Revenue$503,196,842RevenueAmt
DescACADEMIC PROGRAM: THE UNIVERSITY'S ACADEMIC PROGRAM IS COMPOSED OF INSTRUCTIONAL, RESEARCH, AND PUBLIC SERVICE ACTIVITIES. THE UNIVERSITY AWARDS BACCALAUREATE, MASTERS, AND DOCTORAL DEGREES. IN ACADEMIC YEAR 2021-2022 IT ENROLLED 11,385 DEGREE STUDENTS AND 4,684 NON-DEGREE STUDENTS. THE UNIVERSITY'S RESEARCH AND PUBLIC SERVICE ACTIVITIES ENABLE FACULTY TO EXPLORE NEW AREAS OF EDUCATION, LEARNING AND KNOWLEDGE AND PROVIDES NON-INSTRUCTIONAL SERVICES TO INDIVIDUALS AND GROUPS EXTERNAL TO THE UNIVERSITY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$165,217,547ExpenseAmt
Grant$165,217,547GrantAmt
DescSCHOLARSHIP AND FINANCIAL AID: THE NEW SCHOOL SEEKS TO MAKE ITS EDUCATION AS AFFORDABLE AS POSSIBLE BY OFFERING FINANCIAL SUPPORT TO STUDENTS BASED ON FINANCIAL NEED, ACADEMIC ACHIEVEMENT, AND OTHER QUALIFICATIONS THROUGH SCHOLARSHIPS AND WORK STUDY PROGRAMS, WHICH ARE FUNDED BY INSTITUTIONAL FUNDS AND FEDERAL, STATE AND PRIVATE GRANTS. IN ACADEMIC YEAR 2021-2022, 9058 STUDENTS RECEIVED INSTITUTIONAL SCHOLARSHIPS AND 9,084 STUDENTS RECEIVED AT LEAST ONE FORM OF INSTITUTIONAL OR PUBLIC SCHOLARSHIPS, GRANTS, LOANS, OR WORK STUDY AWARDS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$124,974,765ExpenseAmt
Revenue$1,940,843RevenueAmt
DescEDUCATIONAL SUPPORT: THE UNIVERSITY'S EDUCATIONAL SUPPORT PROGRAM IS COMPOSED OF ACADEMIC SUPPORT AND STUDENT SERVICES. ACADEMIC SUPPORT PROVIDES SUPPORT SERVICES, SUCH AS LIBRARIES, ACADEMIC TECHNOLOGY, AND FACULTY AND CURRICULUM DEVELOPMENT, FOR ITS PRIMARY MISSIONS OF INSTRUCTION, RESEARCH AND PUBLIC SERVICE. STUDENT SERVICES PROVIDE VARIOUS SERVICES TO STUDENTS, WHICH CONTRIBUTE TO THE STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND TO THEIR INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE THE CONTEXT OF THE UNIVERSITY'S FORMAL INSTRUCTIONAL PROGRAMS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$58,286,279ExpenseAmt
Revenue$48,305,010RevenueAmt
DescAUXILIARY REVENUE FOR DORMITORIES AND DINING SERVICESDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$58,286,279TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$48,305,010TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$537,611,941TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document14586IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee6201EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryFRForeignCountryCd
Foreign CountryGMForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members31GoverningBodyVotingMembersCnt
Independent Voting Member30IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Natalie J D PresseyBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6469093667PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line166 WEST 12TH STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10011ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (54 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Dwight A McBride
President60.0Yes (X)Yes (X)$815,044$0$604,206
ELLIOT STEIN
VICE CHAIR1.0Yes (X)Yes (X)$0$0$0
FRANCI J BLASSBERG
VICE CHAIR1.0Yes (X)Yes (X)$0$0$0
LINDA E RAPPAPORT
CHAIR1.0Yes (X)Yes (X)$0$0$0
SUSAN L FOOTE
VICE CHAIR1.0Yes (X)Yes (X)$0$0$0
ANTHONY J MANNARINO
TRUSTEE1.0Yes (X)$0$0$0
BETH RUDIN DEWOODY
TRUSTEE1.0Yes (X)$0$0$0
BEVIS LONGSTRETH
TRUSTEE1.0Yes (X)$0$0$0
CHARLES R PERRIN
TRUSTEE1.0Yes (X)$0$0$0
CHRISTOPHER J CASTANO
TRUSTEE1.0Yes (X)$0$0$0
CRAIG BERNECKER
TRUSTEE1.0Yes (X)$0$0$0
DANIEL T MOTULSKY
TRUSTEE1.0Yes (X)$0$0$0
DOMINIQUE BLUHDORN
TRUSTEE1.0Yes (X)$0$0$0
DOUGLAS D DURST
TRUSTEE1.0Yes (X)$0$0$0
JANE DEFLORIO
TRUSTEE1.0Yes (X)$0$0$0
JEFFREY GURAL
TRUSTEE1.0Yes (X)$0$0$0
JOSEPH R GROMEK
TRUSTEE1.0Yes (X)$0$0$0
JOSHUA SAPAN
TRUSTEE1.0Yes (X)$0$0$0
KAY UNGER
TRUSTEE1.0Yes (X)$0$0$0
LILIAN SHIAO-YEN WU
TRUSTEE1.0Yes (X)$0$0$0
MICHAEL J JOHNSTON
TRUSTEE1.0Yes (X)$0$0$0
NANCYE GREEN
TRUSTEE1.0Yes (X)$0$0$0
ROBERT H MUNDHEIM
TRUSTEE1.0Yes (X)$0$0$0
SHEILA C JOHNSON
TRUSTEE1.0Yes (X)$0$0$0
STANLEY P SILVERSTEIN
TRUSTEE1.0Yes (X)$0$0$0
STEVEN H BLOOM
TRUSTEE1.0Yes (X)$0$0$0
SUSAN U HALPERN
TRUSTEE1.0Yes (X)$0$0$0
Ted GoldThorpe
TRUSTEE1.0Yes (X)$0$0$0
TIMOTHY L PORTER
TRUSTEE1.0Yes (X)$0$0$0
WILLIAM D ZABEL
TRUSTEE1.0Yes (X)$0$0$0
WILLIAM E HAVEMEYER
TRUSTEE1.0Yes (X)$0$0$0
Anne Adriance
SVP for Marketing and Business Development40.0Yes (X)$479,593$0$61,591
Jennifer Hobbs
SVP of Administration and Chief of Staff40.0Yes (X)$289,246$0$54,117
Jerry Cutler
SVP and General Counsel40.0Yes (X)$479,236$0$20,057
Jonah Nigh
Senior Vice President for Development & Alumni Engagement40.0Yes (X)$139,058$0$15,155
Lin Zhou
SVP and Chief Information Officer40.0Yes (X)$277,544$0$56,097
Melanie Hart
SVPEquity Inclusion and Social Justice Chief Diversity Officer40.0Yes (X)$251,484$0$27,247
Olatokumbo Shobowale
Executive Vice President of Business Operations40.0Yes (X)$604,440$0$25,960
Renee White
Provost & Executive Vice President for Academic Affairs40.0Yes (X)$252,210$0$16,001
Jennifer Wilson
Acting Dean40.0$259,417$0$28,200Yes (X)
Mary Watson
Dean40.0$295,280$0$19,527Yes (X)
Rachel Schreiber
Dean40.0$326,107$0$31,941Yes (X)
Stephanie Browner
Interim Provost through 8/202140.0$550,928$0$38,400Yes (X)
William Milberg
Dean40.0$279,880$0$55,808Yes (X)
Benjamin Lee
Faculty40.0$318,204$0$50,636Yes (X)
Carol Kim
SV Provost Enrollment Management40.0$345,220$0$53,868Yes (X)
Darrick Hamilton
Faculty40.0$320,414$0$27,770Yes (X)
Deborah Gibb
Senior Managing Director New School Ventures40.0$316,549$0$31,020Yes (X)
Micheal Schober
SV Provost40.0$316,742$0$31,075Yes (X)
Bryna Mary Sanger
SVP, Academic Affairs end 1.1.2021/Current Faculty Member40.0$262,026$0$54,235Yes (X)
David Van Zandt
Former President/Current Advisor0.0$301,703$0$512Yes (X)
Helen Wussow
Dean ended 9.2020/ Current Faulty Memebr40.0$254,799$0$28,028Yes (X)
Joel Towers
Former Dean / Current Faculty Member40.0$258,018$0$49,951Yes (X)
Richard Kessler
Dean40.0$325,047$0$55,695Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$8,318,189TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,437,097TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K334IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmtAddress Line2ContractorAddress/USAddress/AddressLine2Txt
Compass Group USA Inc
PO Box 91337ChicagoIL606931337Food Service$4,116,294
Perfect Parties by Robin Inc
21 Woodstone CircleShort HillsNJ07078Events Consultation$2,715,712
East End Advisors LLC
East End Advisors LLCNew YorkNY10020Consulting$2,184,168610 Fifth Avenue-Suite 506
Qwest Contracting Corp
153 W 27th StreetNew YorkNY100016257Contractor$2,088,304Suite 502
H Brickman & Sons
55 1st AvenueNew YorkNY100039400Contractor$2,039,197
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K150CntrctRcvdGreaterThan100KCnt
Fundraising$1,168,191FundraisingAmt
Government Grants$21,699,945GovernmentGrantsAmt
All Other Contributions$33,042,438AllOtherContributionsAmt
Noncash Contributions$1,527,404NoncashContributionsAmt
Total Contributions$55,910,574TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION & FEES611310$498,694,779$498,694,779
AUX ENTERPRISE REV611310$48,305,010$48,305,010
COMMERCIAL CONTRACTS611310$4,114,618$4,114,618
SVC OF EDUCATIONAL DEPT611310$237,488$237,488

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$551,351,895TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$78,535TotalRevenueColumnAmt
Unrelated Business Revenue-$420,793UnrelatedBusinessRevenueAmt
Exclusion$499,328ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$71,747TotalRevenueColumnAmt
Exclusion$71,747ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$11,787,977RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$11,787,977RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,787,977TotalRevenueColumnAmt
Exclusion$11,787,977ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$170,961,445SecuritiesAmt
Other$124,920,000OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$171,040,745SecuritiesAmt
Other$119,930,393OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$79,300SecuritiesAmt
Other$4,989,607OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,910,307TotalRevenueColumnAmt
Unrelated Business Revenue$1,142,750UnrelatedBusinessRevenueAmt
Exclusion$3,767,557ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$35,200FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,168,191ContriRptFundraisingEventAmt
Fundraising Direct Expenses$777,790FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$742,590TotalRevenueColumnAmt
Exclusion-$742,590ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
JOURNAL/CONFERENCE FEE611310$529,410$529,410
INDIRECT COST RECOVERY611310$1,561,390$1,561,390

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,090,800OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$625,459,245TotalRevenueColumnAmt
Related Or Exempt Func Income$553,442,695RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$721,957UnrelatedBusinessRevenueAmt
Exclusion$15,384,019ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$165,217,547TotalAmt
Program Services$165,217,547ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$9,886,744TotalAmt
Program Services$3,776,922ProgramServicesAmt
Management And General$5,476,406ManagementAndGeneralAmt
Fundraising$633,416FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$1,897,234TotalAmt
Program Services$1,707,449ProgramServicesAmt
Management And General$189,785ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$189,903,802TotalAmt
Program Services$161,871,849ProgramServicesAmt
Management And General$26,001,043ManagementAndGeneralAmt
Fundraising$2,030,910FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$16,259,181TotalAmt
Program Services$13,766,198ProgramServicesAmt
Management And General$2,316,803ManagementAndGeneralAmt
Fundraising$176,180FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$29,200,891TotalAmt
Program Services$28,739,945ProgramServicesAmt
Management And General$229,881ManagementAndGeneralAmt
Fundraising$231,065FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$13,801,472TotalAmt
Program Services$11,582,641ProgramServicesAmt
Management And General$2,050,482ManagementAndGeneralAmt
Fundraising$168,349FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$813,185TotalAmt
Program Services$169,254ProgramServicesAmt
Management And General$643,931ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$125,000TotalAmt
Management And General$125,000ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$941TotalAmt
Management And General$941ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$12,962,988TotalAmt
Management And General$12,962,988ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$19,139,115TotalAmt
Program Services$11,736,785ProgramServicesAmt
Management And General$7,161,455ManagementAndGeneralAmt
Fundraising$240,875FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,094,694TotalAmt
Program Services$1,392,714ProgramServicesAmt
Management And General$2,693,896ManagementAndGeneralAmt
Fundraising$8,084FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$17,436,904TotalAmt
Program Services$14,924,116ProgramServicesAmt
Management And General$2,453,395ManagementAndGeneralAmt
Fundraising$59,393FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$5,454,085TotalAmt
Program Services$2,372,066ProgramServicesAmt
Management And General$2,936,273ManagementAndGeneralAmt
Fundraising$145,746FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$744,381TotalAmt
Program Services$368,535ProgramServicesAmt
Management And General$375,846ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$60,639,078TotalAmt
Program Services$56,597,970ProgramServicesAmt
Management And General$4,041,108ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,859,126TotalAmt
Program Services$1,583,244ProgramServicesAmt
Management And General$242,533ManagementAndGeneralAmt
Fundraising$33,349FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$279,807TotalAmt
Program Services$243,364ProgramServicesAmt
Management And General$28,334ManagementAndGeneralAmt
Fundraising$8,109FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$25,043,394TotalAmt
Program Services$22,850,863ProgramServicesAmt
Management And General$2,192,531ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$27,600,607TotalAmt
Program Services$22,885,209ProgramServicesAmt
Management And General$4,715,398ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,212,452TotalAmt
Program Services$353,524ProgramServicesAmt
Management And General$1,844,195ManagementAndGeneralAmt
Fundraising$14,733FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
BAD DEBT EXPENSE$5,473,299$5,473,299
CONTRACT SERVICE FEE$7,611,355$7,611,355
LIBRARY$2,062,099$2,237$2,059,862
FOOD SERVICE & CATERING$3,564,325$269,069$3,237,607$57,649

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,848,125TotalAmt
Program Services$2,562,922ProgramServicesAmt
Management And General$1,281,470ManagementAndGeneralAmt
Fundraising$3,733FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$627,131,831TotalAmt
Program Services$537,611,941ProgramServicesAmt
Management And General$85,708,299ManagementAndGeneralAmt
Fundraising$3,811,591FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,135,625BOYAmt
EOY$4,797,791EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$321,436BOYAmt
EOY$250,965EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$30,124,791BOYAmt
EOY$27,796,800EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$23,412,392BOYAmt
EOY$21,493,459EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$217,406BOYAmt
EOY$144,589EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$12,775,816BOYAmt
EOY$11,193,687EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,095,812,331LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$287,952,992LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$714,927,652BOYAmt
EOY$807,859,339EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$248,011,457BOYAmt
EOY$157,334,872EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$238,837,594BOYAmt
EOY$286,972,659EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$1,998,199BOYAmt
EOY$1,793,204EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$409,835,644BOYAmt
EOY$389,920,210EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,684,598,012BOYAmt
EOY$1,709,557,575EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$68,224,661BOYAmt
EOY$71,026,973EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$21,548,030BOYAmt
EOY$11,406,356EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$573,282,085BOYAmt
EOY$698,341,868EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$428,403,536BOYAmt
EOY$371,563,545EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,091,458,312BOYAmt
EOY$1,152,338,742EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$333,393,090BOYAmt
EOY$312,114,265EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$259,746,610BOYAmt
EOY$245,104,568EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$593,139,700BOYAmt
EOY$557,218,833EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,684,598,012BOYAmt
EOY$1,709,557,575EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$1,672,586ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$33,654,117NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$594,164OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$36,697,218CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$36,684,403CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$31,866,449CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$43,723,946CurrentTaxYearMinus1YearAmt
Current Tax Year$55,910,574CurrentTaxYearAmt
Total$204,882,590TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$36,697,218CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$36,684,403CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$31,866,449CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$43,723,946CurrentTaxYearMinus1YearAmt
Current Tax Year$55,910,574CurrentTaxYearAmt
Total$204,882,590TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$15,689,703SubstantialContributorsTotAmt
Public Support Total170$189,192,887PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$20,657,602CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$19,128,408CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$16,390,431CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,659,815CurrentTaxYearMinus1YearAmt
Current Tax Year$12,359,052CurrentTaxYearAmt
Total$81,195,308TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$361,026CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$110,528CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$72,961CurrentTaxYearAmt
Total$544,515TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$137,880CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$99,030CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$82,547CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$31,800CurrentTaxYearMinus1YearAmt
Current Tax Year$35,200CurrentTaxYearAmt
Total$386,457TotalAmt
FieldValueIRS element (for citing)
Total Support$287,008,870TotalSupportAmt
Gross Receipts Rltd Activities$2,453,244,264GrossReceiptsRltdActivitiesAmt
Public Support CY1700.6592PublicSupportCY170Pct
Public Support PY1700.6486PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part II, Line 10 Other IncomeFormAndLineReferenceDesc
ExplanationDESCRIPTION - GROSS INCOME FROM FUNDRAISING EVENTS, COLUMN A - 137880.0, COLUMN B - 99030.0, COLUMN C - 82547.0, COLUMN D - 31800.0, COLUMN E - 35200.0, COLUMN F - 386457.0;ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersfalseVolunteersInd
Paid Staff Or ManagementYes (true)PaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (true)DirectContactLegislatorsInd
Direct Contact Legislators$941DirectContactLegislatorsAmt
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesfalseOtherActivitiesInd
Total Lobbying Expenditures$941TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITYFormAndLineReferenceDesc
ExplanationDuring Fiscal Year 2021-2022, The New School directly lobbied the offices of Senators Schumer and Gillibrand to include a Congressionally Directed Spending project in the FY23 LaborHHSEd bill. The New School also directly lobbied the offices of New York State Senator Hoylman and New York State Assembly member Glick to support Bundy Aid funding in the FY23 New York State budget.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd

Collection Used Other Purposes CollectionUsedOtherPurposesGrp

FieldValueIRS element (for citing)
Collection Used Other PurposesYes (X)CollectionUsedOtherPurposesInd
Other PurposesEducationOtherPurposesDesc
FieldValueIRS element (for citing)
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$482,180,174BeginningYearBalanceAmt
Contributions$5,492,955ContributionsAmt
Investment Earnings Or Losses-$46,630,507InvestmentEarningsOrLossesAmt
Grants Or Scholarships$14,269,705GrantsOrScholarshipsAmt
Other Expenditures$5,585,731OtherExpendituresAmt
End Year Balance$421,187,186EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$393,477,034BeginningYearBalanceAmt
Contributions$7,899,447ContributionsAmt
Investment Earnings Or Losses$97,216,119InvestmentEarningsOrLossesAmt
Grants Or Scholarships$12,541,356GrantsOrScholarshipsAmt
Other Expenditures$3,871,070OtherExpendituresAmt
End Year Balance$482,180,174EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$399,256,394BeginningYearBalanceAmt
Contributions$6,440,704ContributionsAmt
Investment Earnings Or Losses$4,006,730InvestmentEarningsOrLossesAmt
Grants Or Scholarships$12,570,801GrantsOrScholarshipsAmt
Other Expenditures$3,655,993OtherExpendituresAmt
End Year Balance$393,477,034EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$392,131,061BeginningYearBalanceAmt
Contributions$5,411,074ContributionsAmt
Investment Earnings Or Losses$17,938,691InvestmentEarningsOrLossesAmt
Grants Or Scholarships$12,391,043GrantsOrScholarshipsAmt
Other Expenditures$3,833,389OtherExpendituresAmt
End Year Balance$399,256,394EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$368,027,801BeginningYearBalanceAmt
Contributions$10,849,658ContributionsAmt
Investment Earnings Or Losses$28,772,777InvestmentEarningsOrLossesAmt
Grants Or Scholarships$12,261,195GrantsOrScholarshipsAmt
Other Expenditures$3,257,980OtherExpendituresAmt
End Year Balance$392,131,061EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.586BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.2892PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.1248TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$98,207,431OtherCostOrOtherBasisAmt
Book Value$98,207,431BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$872,893,083OtherCostOrOtherBasisAmt
Depreciation$211,300,475DepreciationAmt
Book Value$661,592,608BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$82,335,045OtherCostOrOtherBasisAmt
Depreciation$51,252,871DepreciationAmt
Book Value$31,082,174BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$38,978,777OtherCostOrOtherBasisAmt
Depreciation$25,399,646DepreciationAmt
Book Value$13,579,131BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,397,995OtherCostOrOtherBasisAmt
Book Value$3,397,995BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$807,859,339TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INVESTMENTS - HEDGE FUNDS$153,556,131F
INVESTMENTS - PRIVATE EQUITY$83,820,993F
INVESTMENTS - REAL ASSETS$49,595,535F
FieldValueIRS element (for citing)
Total Book Value Securities$286,972,659TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
Funds Held By Bond Trustees$51,066,180
Lease Assets$338,854,030
FieldValueIRS element (for citing)
Total Book Value Other Assets$389,920,210TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
FEDERAL STUDENT LOAN ADVANCES$871,353
LEASE LIABILITIES$370,692,192
SHORT TERM DEBT
FieldValueIRS element (for citing)
Total Liability$371,563,545TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part III, Line 1a Collections of art - financial statement footnoteThe university's art collection consists of works of art, including prints, paintings, photographs, and sculptures that are held for the purposes of public exhibition, education, and research. Each of the items are cataloged, preserved, and cared for. Activities verifying their existence and assessing their condition are performed by the university's curators. The art collection, which was acquired through purchases and contributions since the university's inception, is not recognized as an asset in the consolidated balance sheets. Purchases of collection items are recorded as expenses and contributed collection items are not reported as contributions. Proceeds from sales are reflected as increases in net assets without donor restrictions.
Schedule D, Part III, Line 4 Collections of art - description of collectionsThe mission of The New School art collection, in recognition of its historic commitment to art as a vehicle for sociopolitical change, is to advance the importance of art as an agent for personal and collective transformation. As a curricular resource for all areas of study, the role of the collection is to conserve, interpret, and present works of art to the students, faculty, and greater community. New acquisitions support the vision of the university as an environment for innovative thinking and artistic experimentation. HISTORY OF THE COLLECTION The university's legacy of supporting the freedom of artistic expression began in 1931 with the commissioning of two historically significant mural cycles: Jose Clemente Orozco's A Call for Revolution and Universal Brotherhood, and Thomas Hart Benton's epic America Today. Over the years, the university has hosted a roster of accomplished artists, writers, dancers, designers, historians, social scientists, and philosophers, creating a flourishing laboratory for experimentation and innovation. As an institution that embraced such diverse figures as poet Robert Frost, anthropologist Margaret Meade, art historian Meyer Schapiro, and composer/conceptual artist John Cage, The New School has always stood at the forefront of self-discovery and visionary social, intellectual, and aesthetic experimentation. The New School art collection was established in 1960 with a grant from the Albert A. List Foundation. The collection, grown to approximately 2,071 postwar and contemporary works of art, includes examples in almost all media by some of the most innovative and creative artists of our time. Installed throughout the university campus and transforming the public spaces into lively forums for examining contemporary art, the collection offers students and faculty a rare opportunity to engage with art on a daily basis, making it a distinctive component of their educational experience. The collection has continued its tradition of incorporating site-specific works into its public spaces.
Schedule D, Part V, Line 4 Intended uses of endowment fundsThe university's endowment is comprised of 342 individual funds at June 30, 2022, established for a variety of purposes, including scholarships, professorships, faculty development, lectures, and research programs. The endowment consists of both donor-restricted endowment funds and funds designated by the Board of Trustees to function as endowments. Net assets associated with endowment funds, including funds functioning as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. The university's individual endowment funds are pooled for investment purposes. The investment portfolio is managed to achieve a prudent long-term return. The university relies on a total return strategy in which investment returns are achieved through both capital appreciation (realized and unrealized) and current yield (interest and dividends). The university targets a diversified asset allocation that places a greater emphasis on equity-based investments to achieve its long-term return objectives within prudent risk constraints. The endowment assets are invested to provide a real total return that preserves the purchasing power of the endowment while generating an income stream to support the academic activities of the university. Actual returns may vary from this goal in any given year. The university's endowment spending policy is designed to provide a sustainable and predictable flow of funds to support annual operations. The spending policy is intended to balance current spending needs and to preserve the endowment's future purchasing power. The university applies a board specified spending rate to a moving average of endowment investment funds. The purpose of using a moving average is to smooth out any wide fluctuations in the market value. Endowment earnings in excess of the spending rate are added back to the principal of the endowment investments. Prior to fiscal year 2012, the board specified spending rate was 5%. Beginning with fiscal year 2012, the spending rate was reduced to 4% using a "soft landing" approach. The fiscal year 2011 appropriation will be used as the annual appropriation until the investment portfolio increases sufficiently over time to result in an effective 4% spending rate. Thereafter, the 4% spending rate would be applied against the average of the previous 16 quarters' fair value of the endowment portfolio. Effective for fiscal year 2022 the board approved a new spending policy to eliminate the soft landing approach to achieve the 4% spending rate. Instead, the board approved a gradual approach to the 4% spending policy to be achieved over a 3 year period. For fiscal year 2022, all endowment funds will be appropriated at a 5% spend rate. For fiscal year 2023, all endowment funds will be appropriated at a 4.5% spend rate. For fiscal year 2024 all endowment funds will be appropriated at a 4% spend rate. The board reduced the number of previous quarters' market values used to calculate the appropriation from 16 to 12.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteThe university is exempt from federal income taxes pursuant to Section 501(c)(3) of the Internal Revenue Code, except for any unrelated business income activities. The university recognizes the effects of income tax positions only if those positions are more likely than not of being sustained. The university evaluates, on an annual basis, the effects of any uncertain tax positions on its consolidated financial statements. The university has not identified or provided for any such positions as of June 30, 2022 and 2021

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICYThe university's racially non discriminatory policy link is clearly titled on the homepage, is highly visible to the public and is available throughout the tax year. The policy is also included in all forms of advertisement media relating to the recruitment of students and employees.
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTThe university receives various forms of financial aid from the government to support financial assistance provided to the students. The types of government assistance the university receives includes the following: -Federal Pell Grant -Federal Supplemental Educational Opportunity Grant (SEOG) -Federal Direct Loan Program -Federal Work Study Program The university receives government funding to support its organized research programs. These governmental grants help to further the university's mission by supporting organized research efforts in the areas of education, training, and public services. The public agencies that support the university's research activities are: -National Science Foundation -Department of Health and Human Services -United States Department of Education -United States Department of Energy -United States Department of Defense -Department of Veterans Affairs -The National Endowment for the Arts -The National Endowment for the Humanities

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (10 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
Central America and the Caribbean00Investments$125,265,105
East Asia and the Pacific00Investments$6,977,700
Central America and the Caribbean06Program Services$18,769RECRUITING, RESEARCH
Europe (Including Iceland and Greenland)076Program Services$651,331RECRUITING, RESEARCH
Middle East and North Africa012Program Services$101,576RECRUITING, RESEARCH
North America (Canada & Mexico only)024Program Services$412,865RECRUITING, RESEARCH
South America014Program Services$144,011RECRUITING, RESEARCH
South Asia020Program Services$81,945RECRUITING, RESEARCH
Sub-Saharan Africa016Program Services$252,716RECRUITING, RESEARCH
East Asia and the Pacific055Program Services$383,103RECRUITING, RESEARCH
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees223SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee223TotalEmployeeCnt
Subtotal Spent$134,289,121SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$134,289,121TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule F, Part I, Line 3 Method used to account for expenditures on org's financial statementsFormAndLineReferenceDesc
ExplanationCENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-AccrualExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Parsons Fashion BenefitEvent1Nm
Gross Receipts Event1$1,203,391GrossReceiptsEvent1Amt
Charitable Contri Event1$1,168,191CharitableContriEvent1Amt
Gross Revenue Event1$35,200GrossRevenueEvent1Amt
Rent Facility Costs Event1$191,454RentFacilityCostsEvent1Amt
Food And Beverage Event1$115,626FoodAndBeverageEvent1Amt
Entertainment Event1$378,544EntertainmentEvent1Amt
Other Direct Expenses Event1$92,166OtherDirectExpensesEvent1Amt
Gross Revenue Event2$0GrossRevenueEvent2Amt
Gross Revenue Other Events$0GrossRevenueOtherEventsAmt
Gross Receipts Total$1,203,391GrossReceiptsTotalAmt
Charitable Contributions Tot$1,168,191CharitableContributionsTotAmt
Gross Revenue Total Events$35,200GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$191,454RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$115,626FoodAndBeverageTotalEventsAmt
Entertainment Total Events$378,544EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$92,166OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$777,790DirectExpenseSummaryEventsAmt
Net Income Summary-$742,590NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPS AND AWARDSGrantTypeTxt
Recipient15192RecipientCnt
Cash Grant$165,217,547CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2 Procedures for monitoring use of grant funds.FormAndLineReferenceDesc
ExplanationGrants and other assistance awarded to individuals in the U.S. represent student financial aid. Student financial aid awards are determined by the university's assessment of academic achievement, financial need and other similar standards. Student financial services continuously monitors student eligibility for these awards. Student financial services is responsible for regulatory compliance. Student financial services ensures equity by applying all need analysis formulas consistently across the institution's population of student financial aid applicants and provides services that do not discriminate on the basis of race, gender ethnicity, sexual orientation, religion, disability, age, or economic status. The university receives various forms of financial aid from the government to support financial assistance provided to the students. The types of government assistance the university receives include the following: -Federal Pell Grant -Federal Supplemental Educational Opportunity Grant (SEOG) -Federal Direct Loan Program -Federal Work Study Program The university receives government funding to support its organized research programs. These governmental grants help to further the university's mission by supporting organized research efforts in the areas of education, training, and public services. The public agencies that support the university's research activities are: -National Science Foundation -Department of Health and Human Services -United States Department of Education -United States Department of Energy -United States Department of Defense -Department of Veteran Affairs -The National Endowment for the Arts -The National Endowment for the HumanitiesExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (24 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Dwight A McBride
President$607,443$0$100,000$0$107,601$0$298,265$0$305,941$0$1,419,250$0$0$0
Olatokumbo Shobowale
Executive Vice President of Business Operations$436,056$0$100,000$0$68,384$0$25,000$0$960$0$630,400$0$0$0
Anne Adriance
SVP for Marketing and Business Development$375,393$0$100,000$0$4,200$0$20,773$0$40,818$0$541,184$0$0$0
Jerry Cutler
SVP and General Counsel$361,900$0$100,000$0$17,336$0$19,250$0$807$0$499,293$0$0$0
Lin Zhou
SVP and Chief Information Officer$256,987$0$0$0$20,557$0$15,500$0$40,597$0$333,641$0$0$0
Melanie Hart
SVPEquity Inclusion and Social Justice Chief Diversity Officer$250,565$0$0$0$919$0$12,750$0$14,497$0$278,731$0$0$0
Jennifer Hobbs
SVP of Administration and Chief of Staff$288,771$0$0$0$475$0$16,250$0$37,867$0$343,363$0$0$0
Renee White
Provost & Executive Vice President for Academic Affairs$204,852$0$0$0$47,358$0$0$0$16,001$0$268,211$0$0$0
Jonah Nigh
Senior Vice President for Development & Alumni Engagement$138,886$0$0$0$172$0$11,173$0$3,982$0$154,213$0$0$0
Stephanie Browner
Interim Provost through 8/2021$459,259$0$25,000$0$66,669$0$24,575$0$13,825$0$589,328$0$48,376$0
Rachel Schreiber
Dean$304,346$0$0$0$21,761$0$17,500$0$14,441$0$358,048$0$0$0
William Milberg
Dean$275,910$0$0$0$3,970$0$15,223$0$40,585$0$335,688$0$0$0
Mary Watson
Dean$273,228$0$0$0$22,052$0$15,582$0$3,945$0$314,807$0$0$0
Jennifer Wilson
Acting Dean$255,277$0$2,500$0$1,640$0$13,750$0$14,450$0$287,617$0$0$0
Benjamin Lee
Faculty$234,550$0$0$0$83,654$0$13,135$0$37,501$0$368,840$0$0$0
Deborah Gibb
Senior Managing Director New School Ventures$251,251$0$50,000$0$15,298$0$13,750$0$17,270$0$347,569$0$0$0
Carol Kim
SV Provost Enrollment Management$344,432$0$0$0$788$0$16,250$0$37,618$0$399,088$0$0$0
Micheal Schober
SV Provost$314,755$0$0$0$1,987$0$14,500$0$16,575$0$347,817$0$0$0
Darrick Hamilton
Faculty$319,454$0$0$0$960$0$13,250$0$14,520$0$348,184$0$0$0
David Van Zandt
Former President/Current Advisor$287,197$0$0$0$14,506$0$0$0$512$0$302,215$0$0$0
Joel Towers
Former Dean / Current Faculty Member$227,348$0$0$0$30,670$0$12,222$0$37,729$0$307,969$0$0$0
Bryna Mary Sanger
SVP, Academic Affairs end 1.1.2021/Current Faculty Member$247,052$0$0$0$14,974$0$13,940$0$40,295$0$316,261$0$0$0
Helen Wussow
Dean ended 9.2020/ Current Faulty Memebr$252,179$0$0$0$2,620$0$13,635$0$14,393$0$282,827$0$0$0
Richard Kessler
Dean$321,517$0$0$0$3,530$0$17,753$0$37,942$0$380,742$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1a Housing allowance or residence for personal useCampus housing was provided to the University President as a condition of employment for the convenience of the university, e.g. hosting faculty, staff, trustee, and fundraising events. President McBride's compensation includes $290,528 for housing and personal services (such as utilities and property upkeep). This amount is included in Part II, Column D as a nontaxable benefit. Per contractual agreement, the following individuals received a taxable housing allowance as reported on Part II, Column b(iii): -Joel Towers $29,100 -Benjamin Lee $79,900
Schedule J, Part I, Line 1a Personal servicesThe President received personal services provided at the residence (such as utilities and property upkeep). This amount is included in Part II, Column D as a nontaxable benefit.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement planThe following employees listed on the Form 990, Part VII-A and Schedule J, Part II participated in a supplemental non-qualified retirement plan 457 (f) and received deferred compensation/contributions to the supplemental non-qualified retirement plan: -Dwight A. McBride $269,500 The following employees received 457(f) payouts as reported on Form 990, Part VII-A and Schedule J, Part II, Columns (B)(iii) and (F): Stephanie Browner $48,376
Schedule J, Part I, Line 7 Non-fixed paymentsNon-fixed performance bonus payments were provided to the following individuals as reported on Form 990, Part VII-A and Schedule J, Part II, Column(B)(ii): -Olatokumbo Shobowale$100,000 -Annette Adriance $100,000 -Dwight A. McBride $100,000 -Jerry Cutler $100,000 -Jennifer Wilson $2,500 -Stephanie Browner $25,000 -Deborah Gibb $50,000

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
DORMITORY AUTHORITY OF THE STATE OF NEW YORK
A14600029365000BLQ92022-03-29$161,423,981The 2022A issue will finance the costs of acquisition, renovation, and equipping of a 12-story buildfalsefalsefalse
DORMITORY AUTHORITY OF THE STATE OF NEW YORK
B14600029364990BDW02015-05-01$140,166,569The 2015 issue refunded issues dated 12/09/10, 11/21/2006, 6/16/2005, 10/16/2001, 5/20/1999Yes (true)falsefalse
DORMITORY AUTHORITY OF THE STATE OF NEW YORK
C14600029364990CJH52016-11-15$350,211,770The 2016A issue financed the acquisition of 34-42 West 14th Street and advanced refunded the seriesfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndBond DefeasedBondDefeasedAmtSubstantial CompletionSubstantialCompletionYr
A$0$161,423,981$1,074,166$116,120,000$15,733,431$28,496,384Yes (true)falsefalseYes (true)
B$10,160,000$140,166,569$1,055,942$139,110,628Yes (true)Yes (true)Yes (true)Yes (true)$7,975,0002015
C$5,045,000$350,211,770$1,640,727$67,118,181$281,452,861falseYes (true)Yes (true)Yes (true)2016

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctChange In Use Bond Financed PropChangeInUseBondFinancedPropPct
Afalsefalsefalsefalse0.0falsefalseYes (true)
BfalseYes (true)falsefalse0.0falseYes (true)Yes (true)0.00.00.0728
CfalseYes (true)falsefalse0.0falsefalseYes (true)0.00.0

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
AfalseYes (true)falsefalsefalsefalsefalsefalseYes (true)
BfalsefalsefalseYes (true)falsefalsefalsefalseYes (true)
CfalseYes (true)falsefalsefalsefalsefalsefalseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part III, Line 4 PART III, LINE 4, BOND CA portion of the 2016A issue financed the acquisition of 34-42 West 14th Street NY, NY. At the time of the property acquisition there were hold-over tenants that will occupy the building prior to conversion to use of the entire building solely by the taxpayer for its tax-exempt purposes and that will eliminate all private use. Thus, during the reporting period covered by this filing, private business use of a portion of the 2016 bonds proceeds arises from such hold-over tenants and is reflected on Part III Lines 4 and 6. Importantly, bond counsel determined and advised that there are no private security or payments attributable to the 2016A bond issue, as reflected on Part III, Line 7.
Schedule K, Part IV, Line 2c COLUMN BIssuer name: DORMITORY AUTHORITY OF THE STATE OF NEW YORK The calculation for computing no rebate due was performed on 07/01/2021

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution22ContributionCnt
Noncash Contributions Rpt F990$1,515,404NoncashContributionsRptF990Amt
Method Of Determining RevenuesSelling costMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescSteinway PianoDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$12,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesSelling costMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received1Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule M, Part I SCHEDULE M, PART I, COLUMN (B)FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN SCHEDULE M, PART I, COLUMN (B).ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 1 MISSION STATEMENT, CONTINUED* CREATIVITY, INNOVATION, AND CHALLENGING THE STATUS QUO, BOTH IN TERMS OF WHAT AND HOW WE TEACH, AND IN THE INTELLECTUAL AMBITIONS OF THE SCHOOL ITSELF; * SOCIAL ENGAGEMENT, ORIENTING STUDENTS' ACADEMIC EXPERIENCE TO HELP THEM BECOME CRITICALLY ENGAGED CITIZENS DEVOTED TO SOLVING PROBLEMS AND CONTRIBUTING TO THE PUBLIC GOOD. NOW AS THEN, THE NEW SCHOOL MUST EMBRACE THESE PRINCIPLES AND INNOVATE TO ADDRESS SHIFTS IN THE GLOBAL ECONOMY, SOCIETY, AND ENVIRONMENT. THESE SHIFTS REQUIRE THAT INDIVIDUALS GRAPPLE WITH COMPLEX PROBLEMS, LEAD MORE FLUID AND FLEXIBLE CAREERS, AND COLLABORATIVELY CREATE CHANGE. MISSION STATEMENT: WE WILL PREPARE OUR STUDENTS TO UNDERSTAND, CONTRIBUTE TO, AND SUCCEED IN A RAPIDLY CHANGING SOCIETY, AND THUS MAKE THE WORLD A BETTER AND MORE JUST PLACE. WE WILL ENSURE THAT OUR STUDENTS HAVE NOT ONLY THE ABILITIES THAT A SOUND LIBERAL ARTS EDUCATION PROVIDES, BUT ALSO THE CREATIVE COMPETENCIES ESSENTIAL FOR SUCCESS AND LEADERSHIP IN THE EMERGING CREATIVE SOCIETY AND ECONOMY. WE WILL ALSO LEAD IN GENERATING PRACTICAL AND THEORETICAL KNOWLEDGE THAT SEEKS TO UNDERSTAND OUR WORLD AND IMPROVE BOTH GLOBAL AND LOCAL SOCIETY AND THE PEOPLE WHO LIVE WITHIN. VISION WE ARE AND WILL BE A UNIVERSITY WHERE DESIGN AND SOCIAL RESEARCH DRIVE APPROACHES TO STUDYING THE ISSUES OF OUR TIME, SUCH AS DEMOCRACY, URBANIZATION, TECHNOLOGY, ECONOMIC EMPOWERMENT, SUSTAINABILITY, MIGRATION, AND GLOBALIZATION. WE WILL BE THE INTELLECTUAL AND CREATIVE CENTER FOR EFFECTIVE ENGAGEMENT IN A WORLD THAT INCREASINGLY DEMANDS BETTER-DESIGNED OBJECTS, COMMUNICATION, SYSTEMS, AND ORGANIZATIONS TO MEET SOCIAL AND HUMAN NEEDS. OUR VISION CORRESPONDS WITH SHIFTS IN THE GLOBAL ECONOMY, SOCIETY, AND ENVIRONMENT, WHICH ANIMATE OUR MISSION. EDUCATIONAL APPROACH WE WILL FULFILL OUR MISSION BY EXTENDING THE NEW SCHOOL'S LEGACY AS A NON-TRADITIONAL ACADEMIC COMMUNITY, NIMBLE AND RESPONSIVE TO CHANGE, THAT WILL: * FOCUS ON AND ENGAGE CONTEMPORARY CRITICAL ISSUES. PRIORITIZE THE IMPORTANCE OF HUMANITY AND CULTURE IN DESIGNING BETTER SYSTEMS AND ENVIRONMENTS TO IMPROVE THE HUMAN CONDITION, AN APPROACH THAT DRAWS FROM DESIGN THINKING AND THE LIBERAL, CREATIVE, AND PERFORMING ARTS. * PLACE PROJECT-BASED LEARNING AT THE CENTER OF THE LEARNING EXPERIENCE. * TAKE FULL ADVANTAGE OF OUR NEW YORK CITY LOCUS AND CONNECTIVITY TO GLOBAL URBAN CENTERS.
Form 990, Part III, Line 4d Description of other program services(Expenses $ 58,286,279 including grants of $)(Revenue $ 48,305,010) AUXILIARY REVENUE FOR DORMITORIES AND DINING SERVICES
Form 990, Part VI, Line 1a Delegate broad authority to a committeeThere is an Executive Committee of the Board of Trustees. The Executive Committee convenes between Board of Trustees meetings and is empowered by the bylaws to transact business and take action on behalf of The New School Board of Trustees, except to grant degrees or to make removals from office. The Executive Committee reviews and approves compensation of the President of the university upon the recommendation of the Compensation Committee of the Board of Trustees. No individual who will financially benefit from a compensation decision or other decision may be present at or otherwise participate in the deliberation or vote of the Executive Committee. The Executive Committee members include the Chair of the Board of Trustees, the Vice Chairs of the Board of Trustees, the president of the university, and any trustee who serves as the Chair of a Board of Governors for a school or college within the university.
Form 990, Part VI, Line 11b Review of form 990 by governing bodyThe Audit and Risk Committee of the Board of Trustees has been delegated responsibility for reviewing the annual Form 990. Following the Audit and Risk Committee review, the 990 is distributed to the full Board of Trustees prior to its submission.
Form 990, Part VI, Line 12c Conflict of interest policyThe New School's policy on conflicts of interest applies to all Board of Trustee members, the senior management, as well as certain designated staff and faculty. The policy recognizes that members of the university's Board of Trustees and senior management may, from time to time, be associated, either directly or indirectly, with companies doing business with the university. The policy prohibits members of the Board of Trustees or its committees, and senior managers of the university from participating in any decisions in which he or she (or an immediate family member) has a material financial interest. For members of the Board of Trustees and senior management, the university requires an annual disclosure of significant financial interest in, or employment or consulting relationships with, entities doing business with the university. When such relationships exist, measures are taken to address the actual or perceived conflict to protect the best interest of the university and ensure compliance with relevant conflict of interest laws. The policy also requires designated administrative and academic staff, and faculty to review the policy every year and provide to the Office of Human Resources a written certification that he/she is in compliance with the policy and discloses any relationships that may represent a conflict of interest as defined by the letter or spirit of the university policy on conflicts of interest. In addition, the annual certification requires disclosure of any activities, including outside employment and professional relationships and/or transactions which might appear or actually involve a conflict of interest with one's fiduciary, employment, or other relationship with the university. Upon review of the circumstances surrounding the conflict or potential conflict of interest involving a Trustee, Officer, Dean or Designated head of a School or program, Key Employee, Member of the Board of Governors or similar advisory committees, the Chief Legal Officer shall make a recommendation to the Chairman of the Board of Trustees and the President of the University as to whether the Chairman and the President should (i) determine the conflict situation or potential conflict situation to be inconsequential and approve the situation; (ii) determine the conflict situation or potential conflict situation to be consequential and avoid the situation; or (iii) refer the conflict of interest situation to a sub-committee of the Executive Committee of the Board of Trustees.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialThe Compensation Committee of the Board of Trustees is comprised of members of the Executive Committee selected by the Chair of the Board. The Compensation Committee reviews and approves compensation terms, salaries, and contracts (if appropriate), for the deans and other officers prior to hire and for renewals and promotions. The foregoing shall include additional compensation and benefits for the deans, and officers annually, such as housing allowances, bonuses, severance packages, or any proposed new benefits. The Committee is charged with assuring compliance with intermediate sanction procedures and requirements to the extent applicable to any compensation. The Committee also recommends the compensation (including salary, benefits, and other remuneration) of the President of the university to the Executive Committee for review and approval. Further, the Committee is charged with developing salary and benefits for incoming presidents and renewal of contracts for incumbent presidents for submission to the Executive Committee for approval. Additional duties of the Compensation Committee include reviewing compensation for comparable positions benchmarked against peer groups and hiring an executive compensation consultant on a regular basis. The Committee also reviews internal candidates proposed to serve as interim deans if needed, and annually reviews the list of university employees whose salaries categorize them as highly compensated individuals under IRS pension provisions. Additional authority and duties are conferred upon the Compensation Committee in accordance with the needs and initiatives of the Board of Trustees. Contemporaneous notes are taken to document the process.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesAs noted above, the Compensation Committee annually reviews the list of university officers and key employees whose salaries categorize them as highly compensated individuals under IRS pension provisions. The Compensation Committee did not conduct a review and approval of compensation as outlined above during tax year 2022 due to scheduling conflicts but are scheduled to review this information in the first quarter of 2023.
Form 990, Part VI, Line 19 Required documents available to the publicThe university makes its governing documents, conflict of interest policy, Form 990 and financial statements available to the public upon request. Also, Federal Form 990, which includes financial and other disclosures, is available on Guidestar.
Form 990, Part XI, Line 9 Other changes in net assets or fund balancesCHANGE IN VALUE OF SPLIT INTEREST - 5557; CHANGE IN POSTRETIREMENT BENEFITS - 871609; LOSS ON UNCOLLECTIBLE PLEDGES - -2557489; Debt Refinancing - 1086159;

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Primary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndAddress Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINLegal Domicile StateLegalDomicileStateCd
FREUNDE UND FORDERER VON THE NEW SCHOOL
FACILITATE CONTRIBUTIONSGM501(c)(3)2THE NEW SCHOOLYes (true)
TNS PARSONS
EDUCATION AND RESEARCHFRTHE NEW SCHOOLYes (true)
ANATOL SHULKIN MEMORIAL SCHOLARSHIP
AWARDS SCHOLARSHIPS FOR ART & DESIGN501(c)(3)PFTHE NEW SCHOOLYes (true)C/O THE NEW SCHOOL79 FIFTH AVENUE 16TH FLOORNEW YORKNY10003133010477NY

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1Charitable remainder trusts (4)BusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1C/O THE NEW SCHOOLAddressLine1Txt
Address Line266 WEST 12TH STREETAddressLine2Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10011ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesCharitable remainder trustPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1The New SchoolBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeTrustEntityTypeTxt
Controlled OrganizationYes (true)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (true)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1TNS PARSONSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeMTransactionTypeTxt
Involved$7,611,355InvolvedAmt
Method Of Amount DeterminationCOSTMethodOfAmountDeterminationTxt