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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-15T16:31:58+00:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 485 Lexington Avenue Floor 11 | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172619 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133297197 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The New School | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWS | BusinessNameControlTxt |
| Phone | 6469093667 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 West 12th Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10011 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Natalie J D Pressey | PersonNm |
| Person Title | AVP & Controller | PersonTitleTxt |
| Phone | 6469093667 | PhoneNum |
| Signature | 2023-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Natalie J D | PersonFirstNm |
| Person Last | Pressey | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Nicole Bencik | PreparerPersonNm |
| PTIN | P00756195 | PTIN |
| Phone | 2125725500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Dwight A McBride | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 West 12th Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10011 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $917,208,173 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NEWSCHOOL.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1919 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE 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 Body | 31 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 30 | VotingMembersIndependentCnt |
| Total Employee | 6201 | TotalEmployeeCnt |
| Total Volunteers | 109 | TotalVolunteersCnt |
| Total Gross UBI | $721,957 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $72,961 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $43,723,946 | PYContributionsGrantsAmt |
| CY Contributions Grants | $55,910,574 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $411,506,816 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $551,351,895 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$215,205 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,060,589 | CYInvestmentIncomeAmt |
| PY Other Revenue | $13,383,870 | PYOtherRevenueAmt |
| CY Other Revenue | $13,136,187 | CYOtherRevenueAmt |
| PY Total Revenue | $468,399,427 | PYTotalRevenueAmt |
| CY Total Revenue | $625,459,245 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $151,621,598 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $165,217,547 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $222,350,645 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $260,949,324 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,811,591 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $165,329,312 | PYOtherExpensesAmt |
| CY Other Expenses | $200,964,960 | CYOtherExpensesAmt |
| PY Total Expenses | $539,301,555 | PYTotalExpensesAmt |
| CY Total Expenses | $627,131,831 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$70,902,128 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,672,586 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,684,598,012 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,709,557,575 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,091,458,312 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,152,338,742 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $593,139,700 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $557,218,833 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE 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 Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $189,133,350 | ExpenseAmt |
| Revenue | $503,196,842 | RevenueAmt |
| Desc | ACADEMIC 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $165,217,547 | ExpenseAmt |
| Grant | $165,217,547 | GrantAmt |
| Desc | SCHOLARSHIP 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $124,974,765 | ExpenseAmt |
| Revenue | $1,940,843 | RevenueAmt |
| Desc | EDUCATIONAL 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $58,286,279 | ExpenseAmt |
| Revenue | $48,305,010 | RevenueAmt |
| Desc | AUXILIARY REVENUE FOR DORMITORIES AND DINING SERVICES | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $58,286,279 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $48,305,010 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $537,611,941 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 14586 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 6201 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | FR | ForeignCountryCd |
| Foreign Country | GM | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 31 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 30 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Natalie J D Pressey | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6469093667 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 WEST 12TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10011 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (54 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| Dwight A McBride | |||||||||
| President | 60.0 | Yes (X) | Yes (X) | $815,044 | $0 | $604,206 | |||
| ELLIOT STEIN | |||||||||
| VICE CHAIR | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| FRANCI J BLASSBERG | |||||||||
| VICE CHAIR | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| LINDA E RAPPAPORT | |||||||||
| CHAIR | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| SUSAN L FOOTE | |||||||||
| VICE CHAIR | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| ANTHONY J MANNARINO | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| BETH RUDIN DEWOODY | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| BEVIS LONGSTRETH | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| CHARLES R PERRIN | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| CHRISTOPHER J CASTANO | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| CRAIG BERNECKER | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| DANIEL T MOTULSKY | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| DOMINIQUE BLUHDORN | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| DOUGLAS D DURST | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| JANE DEFLORIO | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| JEFFREY GURAL | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| JOSEPH R GROMEK | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| JOSHUA SAPAN | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| KAY UNGER | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| LILIAN SHIAO-YEN WU | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL J JOHNSTON | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| NANCYE GREEN | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT H MUNDHEIM | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| SHEILA C JOHNSON | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| STANLEY P SILVERSTEIN | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| STEVEN H BLOOM | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| SUSAN U HALPERN | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Ted GoldThorpe | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| TIMOTHY L PORTER | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM D ZABEL | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM E HAVEMEYER | |||||||||
| TRUSTEE | 1.0 | Yes (X) | $0 | $0 | $0 | ||||
| Anne Adriance | |||||||||
| SVP for Marketing and Business Development | 40.0 | Yes (X) | $479,593 | $0 | $61,591 | ||||
| Jennifer Hobbs | |||||||||
| SVP of Administration and Chief of Staff | 40.0 | Yes (X) | $289,246 | $0 | $54,117 | ||||
| Jerry Cutler | |||||||||
| SVP and General Counsel | 40.0 | Yes (X) | $479,236 | $0 | $20,057 | ||||
| Jonah Nigh | |||||||||
| Senior Vice President for Development & Alumni Engagement | 40.0 | Yes (X) | $139,058 | $0 | $15,155 | ||||
| Lin Zhou | |||||||||
| SVP and Chief Information Officer | 40.0 | Yes (X) | $277,544 | $0 | $56,097 | ||||
| Melanie Hart | |||||||||
| SVPEquity Inclusion and Social Justice Chief Diversity Officer | 40.0 | Yes (X) | $251,484 | $0 | $27,247 | ||||
| Olatokumbo Shobowale | |||||||||
| Executive Vice President of Business Operations | 40.0 | Yes (X) | $604,440 | $0 | $25,960 | ||||
| Renee White | |||||||||
| Provost & Executive Vice President for Academic Affairs | 40.0 | Yes (X) | $252,210 | $0 | $16,001 | ||||
| Jennifer Wilson | |||||||||
| Acting Dean | 40.0 | $259,417 | $0 | $28,200 | Yes (X) | ||||
| Mary Watson | |||||||||
| Dean | 40.0 | $295,280 | $0 | $19,527 | Yes (X) | ||||
| Rachel Schreiber | |||||||||
| Dean | 40.0 | $326,107 | $0 | $31,941 | Yes (X) | ||||
| Stephanie Browner | |||||||||
| Interim Provost through 8/2021 | 40.0 | $550,928 | $0 | $38,400 | Yes (X) | ||||
| William Milberg | |||||||||
| Dean | 40.0 | $279,880 | $0 | $55,808 | Yes (X) | ||||
| Benjamin Lee | |||||||||
| Faculty | 40.0 | $318,204 | $0 | $50,636 | Yes (X) | ||||
| Carol Kim | |||||||||
| SV Provost Enrollment Management | 40.0 | $345,220 | $0 | $53,868 | Yes (X) | ||||
| Darrick Hamilton | |||||||||
| Faculty | 40.0 | $320,414 | $0 | $27,770 | Yes (X) | ||||
| Deborah Gibb | |||||||||
| Senior Managing Director New School Ventures | 40.0 | $316,549 | $0 | $31,020 | Yes (X) | ||||
| Micheal Schober | |||||||||
| SV Provost | 40.0 | $316,742 | $0 | $31,075 | Yes (X) | ||||
| Bryna Mary Sanger | |||||||||
| SVP, Academic Affairs end 1.1.2021/Current Faculty Member | 40.0 | $262,026 | $0 | $54,235 | Yes (X) | ||||
| David Van Zandt | |||||||||
| Former President/Current Advisor | 0.0 | $301,703 | $0 | $512 | Yes (X) | ||||
| Helen Wussow | |||||||||
| Dean ended 9.2020/ Current Faulty Memebr | 40.0 | $254,799 | $0 | $28,028 | Yes (X) | ||||
| Joel Towers | |||||||||
| Former Dean / Current Faculty Member | 40.0 | $258,018 | $0 | $49,951 | Yes (X) | ||||
| Richard Kessler | |||||||||
| Dean | 40.0 | $325,047 | $0 | $55,695 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $8,318,189 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,437,097 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 334 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line2ContractorAddress/USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| Compass Group USA Inc | ||||||
| PO Box 91337 | Chicago | IL | 606931337 | Food Service | $4,116,294 | |
| Perfect Parties by Robin Inc | ||||||
| 21 Woodstone Circle | Short Hills | NJ | 07078 | Events Consultation | $2,715,712 | |
| East End Advisors LLC | ||||||
| East End Advisors LLC | New York | NY | 10020 | Consulting | $2,184,168 | 610 Fifth Avenue-Suite 506 |
| Qwest Contracting Corp | ||||||
| 153 W 27th Street | New York | NY | 100016257 | Contractor | $2,088,304 | Suite 502 |
| H Brickman & Sons | ||||||
| 55 1st Avenue | New York | NY | 100039400 | Contractor | $2,039,197 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 150 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $1,168,191 | FundraisingAmt |
| Government Grants | $21,699,945 | GovernmentGrantsAmt |
| All Other Contributions | $33,042,438 | AllOtherContributionsAmt |
| Noncash Contributions | $1,527,404 | NoncashContributionsAmt |
| Total Contributions | $55,910,574 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 611310 | $498,694,779 | $498,694,779 |
| AUX ENTERPRISE REV | 611310 | $48,305,010 | $48,305,010 |
| COMMERCIAL CONTRACTS | 611310 | $4,114,618 | $4,114,618 |
| SVC OF EDUCATIONAL DEPT | 611310 | $237,488 | $237,488 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $551,351,895 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $78,535 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$420,793 | UnrelatedBusinessRevenueAmt |
| Exclusion | $499,328 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $71,747 | TotalRevenueColumnAmt |
| Exclusion | $71,747 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $11,787,977 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $11,787,977 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,787,977 | TotalRevenueColumnAmt |
| Exclusion | $11,787,977 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $170,961,445 | SecuritiesAmt |
| Other | $124,920,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $171,040,745 | SecuritiesAmt |
| Other | $119,930,393 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$79,300 | SecuritiesAmt |
| Other | $4,989,607 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,910,307 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,142,750 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,767,557 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $35,200 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,168,191 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $777,790 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$742,590 | TotalRevenueColumnAmt |
| Exclusion | -$742,590 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| JOURNAL/CONFERENCE FEE | 611310 | $529,410 | $529,410 |
| INDIRECT COST RECOVERY | 611310 | $1,561,390 | $1,561,390 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,090,800 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $625,459,245 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $553,442,695 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $721,957 | UnrelatedBusinessRevenueAmt |
| Exclusion | $15,384,019 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $165,217,547 | TotalAmt |
| Program Services | $165,217,547 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,886,744 | TotalAmt |
| Program Services | $3,776,922 | ProgramServicesAmt |
| Management And General | $5,476,406 | ManagementAndGeneralAmt |
| Fundraising | $633,416 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,897,234 | TotalAmt |
| Program Services | $1,707,449 | ProgramServicesAmt |
| Management And General | $189,785 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $189,903,802 | TotalAmt |
| Program Services | $161,871,849 | ProgramServicesAmt |
| Management And General | $26,001,043 | ManagementAndGeneralAmt |
| Fundraising | $2,030,910 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,259,181 | TotalAmt |
| Program Services | $13,766,198 | ProgramServicesAmt |
| Management And General | $2,316,803 | ManagementAndGeneralAmt |
| Fundraising | $176,180 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,200,891 | TotalAmt |
| Program Services | $28,739,945 | ProgramServicesAmt |
| Management And General | $229,881 | ManagementAndGeneralAmt |
| Fundraising | $231,065 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,801,472 | TotalAmt |
| Program Services | $11,582,641 | ProgramServicesAmt |
| Management And General | $2,050,482 | ManagementAndGeneralAmt |
| Fundraising | $168,349 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $813,185 | TotalAmt |
| Program Services | $169,254 | ProgramServicesAmt |
| Management And General | $643,931 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,000 | TotalAmt |
| Management And General | $125,000 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $941 | TotalAmt |
| Management And General | $941 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,962,988 | TotalAmt |
| Management And General | $12,962,988 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,139,115 | TotalAmt |
| Program Services | $11,736,785 | ProgramServicesAmt |
| Management And General | $7,161,455 | ManagementAndGeneralAmt |
| Fundraising | $240,875 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,094,694 | TotalAmt |
| Program Services | $1,392,714 | ProgramServicesAmt |
| Management And General | $2,693,896 | ManagementAndGeneralAmt |
| Fundraising | $8,084 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,436,904 | TotalAmt |
| Program Services | $14,924,116 | ProgramServicesAmt |
| Management And General | $2,453,395 | ManagementAndGeneralAmt |
| Fundraising | $59,393 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,454,085 | TotalAmt |
| Program Services | $2,372,066 | ProgramServicesAmt |
| Management And General | $2,936,273 | ManagementAndGeneralAmt |
| Fundraising | $145,746 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $744,381 | TotalAmt |
| Program Services | $368,535 | ProgramServicesAmt |
| Management And General | $375,846 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,639,078 | TotalAmt |
| Program Services | $56,597,970 | ProgramServicesAmt |
| Management And General | $4,041,108 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,859,126 | TotalAmt |
| Program Services | $1,583,244 | ProgramServicesAmt |
| Management And General | $242,533 | ManagementAndGeneralAmt |
| Fundraising | $33,349 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $279,807 | TotalAmt |
| Program Services | $243,364 | ProgramServicesAmt |
| Management And General | $28,334 | ManagementAndGeneralAmt |
| Fundraising | $8,109 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,043,394 | TotalAmt |
| Program Services | $22,850,863 | ProgramServicesAmt |
| Management And General | $2,192,531 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,600,607 | TotalAmt |
| Program Services | $22,885,209 | ProgramServicesAmt |
| Management And General | $4,715,398 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,212,452 | TotalAmt |
| Program Services | $353,524 | ProgramServicesAmt |
| Management And General | $1,844,195 | ManagementAndGeneralAmt |
| Fundraising | $14,733 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,848,125 | TotalAmt |
| Program Services | $2,562,922 | ProgramServicesAmt |
| Management And General | $1,281,470 | ManagementAndGeneralAmt |
| Fundraising | $3,733 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $627,131,831 | TotalAmt |
| Program Services | $537,611,941 | ProgramServicesAmt |
| Management And General | $85,708,299 | ManagementAndGeneralAmt |
| Fundraising | $3,811,591 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,135,625 | BOYAmt |
| EOY | $4,797,791 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $321,436 | BOYAmt |
| EOY | $250,965 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,124,791 | BOYAmt |
| EOY | $27,796,800 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,412,392 | BOYAmt |
| EOY | $21,493,459 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $217,406 | BOYAmt |
| EOY | $144,589 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,775,816 | BOYAmt |
| EOY | $11,193,687 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,095,812,331 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $287,952,992 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $714,927,652 | BOYAmt |
| EOY | $807,859,339 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $248,011,457 | BOYAmt |
| EOY | $157,334,872 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $238,837,594 | BOYAmt |
| EOY | $286,972,659 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,998,199 | BOYAmt |
| EOY | $1,793,204 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $409,835,644 | BOYAmt |
| EOY | $389,920,210 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,684,598,012 | BOYAmt |
| EOY | $1,709,557,575 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,224,661 | BOYAmt |
| EOY | $71,026,973 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,548,030 | BOYAmt |
| EOY | $11,406,356 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $573,282,085 | BOYAmt |
| EOY | $698,341,868 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $428,403,536 | BOYAmt |
| EOY | $371,563,545 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,091,458,312 | BOYAmt |
| EOY | $1,152,338,742 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $333,393,090 | BOYAmt |
| EOY | $312,114,265 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $259,746,610 | BOYAmt |
| EOY | $245,104,568 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $593,139,700 | BOYAmt |
| EOY | $557,218,833 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,684,598,012 | BOYAmt |
| EOY | $1,709,557,575 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,672,586 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$33,654,117 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$594,164 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $36,697,218 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $36,684,403 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $31,866,449 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $43,723,946 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $55,910,574 | CurrentTaxYearAmt |
| Total | $204,882,590 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $36,697,218 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $36,684,403 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $31,866,449 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $43,723,946 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $55,910,574 | CurrentTaxYearAmt |
| Total | $204,882,590 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $15,689,703 | SubstantialContributorsTotAmt |
| Public Support Total170 | $189,192,887 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $20,657,602 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,128,408 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,390,431 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,659,815 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,359,052 | CurrentTaxYearAmt |
| Total | $81,195,308 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $361,026 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $110,528 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $72,961 | CurrentTaxYearAmt |
| Total | $544,515 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $137,880 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $99,030 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $82,547 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $31,800 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $35,200 | CurrentTaxYearAmt |
| Total | $386,457 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $287,008,870 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $2,453,244,264 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.6592 | PublicSupportCY170Pct |
| Public Support PY170 | 0.6486 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part II, Line 10 Other Income | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION - 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $941 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $941 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY | FormAndLineReferenceDesc |
| Explanation | During 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
Collection Used Other Purposes CollectionUsedOtherPurposesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Other Purposes | Yes (X) | CollectionUsedOtherPurposesInd |
| Other Purposes | Education | OtherPurposesDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $482,180,174 | BeginningYearBalanceAmt |
| Contributions | $5,492,955 | ContributionsAmt |
| Investment Earnings Or Losses | -$46,630,507 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $14,269,705 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,585,731 | OtherExpendituresAmt |
| End Year Balance | $421,187,186 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $393,477,034 | BeginningYearBalanceAmt |
| Contributions | $7,899,447 | ContributionsAmt |
| Investment Earnings Or Losses | $97,216,119 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $12,541,356 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,871,070 | OtherExpendituresAmt |
| End Year Balance | $482,180,174 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $399,256,394 | BeginningYearBalanceAmt |
| Contributions | $6,440,704 | ContributionsAmt |
| Investment Earnings Or Losses | $4,006,730 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $12,570,801 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,655,993 | OtherExpendituresAmt |
| End Year Balance | $393,477,034 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $392,131,061 | BeginningYearBalanceAmt |
| Contributions | $5,411,074 | ContributionsAmt |
| Investment Earnings Or Losses | $17,938,691 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $12,391,043 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,833,389 | OtherExpendituresAmt |
| End Year Balance | $399,256,394 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $368,027,801 | BeginningYearBalanceAmt |
| Contributions | $10,849,658 | ContributionsAmt |
| Investment Earnings Or Losses | $28,772,777 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $12,261,195 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,257,980 | OtherExpendituresAmt |
| End Year Balance | $392,131,061 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.586 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.2892 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.1248 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $98,207,431 | OtherCostOrOtherBasisAmt |
| Book Value | $98,207,431 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $872,893,083 | OtherCostOrOtherBasisAmt |
| Depreciation | $211,300,475 | DepreciationAmt |
| Book Value | $661,592,608 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $82,335,045 | OtherCostOrOtherBasisAmt |
| Depreciation | $51,252,871 | DepreciationAmt |
| Book Value | $31,082,174 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $38,978,777 | OtherCostOrOtherBasisAmt |
| Depreciation | $25,399,646 | DepreciationAmt |
| Book Value | $13,579,131 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,397,995 | OtherCostOrOtherBasisAmt |
| Book Value | $3,397,995 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $807,859,339 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENTS - HEDGE FUNDS | $153,556,131 | F |
| INVESTMENTS - PRIVATE EQUITY | $83,820,993 | F |
| INVESTMENTS - REAL ASSETS | $49,595,535 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $286,972,659 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Funds Held By Bond Trustees | $51,066,180 |
| Lease Assets | $338,854,030 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $389,920,210 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| FEDERAL STUDENT LOAN ADVANCES | $871,353 |
| LEASE LIABILITIES | $370,692,192 |
| SHORT TERM DEBT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $371,563,545 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 1a Collections of art - financial statement footnote | The 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 collections | The 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 funds | The 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) footnote | The 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY | The 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 GOVERNMENT | 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 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)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Investments | $125,265,105 | |
| East Asia and the Pacific | 0 | 0 | Investments | $6,977,700 | |
| Central America and the Caribbean | 0 | 6 | Program Services | $18,769 | RECRUITING, RESEARCH |
| Europe (Including Iceland and Greenland) | 0 | 76 | Program Services | $651,331 | RECRUITING, RESEARCH |
| Middle East and North Africa | 0 | 12 | Program Services | $101,576 | RECRUITING, RESEARCH |
| North America (Canada & Mexico only) | 0 | 24 | Program Services | $412,865 | RECRUITING, RESEARCH |
| South America | 0 | 14 | Program Services | $144,011 | RECRUITING, RESEARCH |
| South Asia | 0 | 20 | Program Services | $81,945 | RECRUITING, RESEARCH |
| Sub-Saharan Africa | 0 | 16 | Program Services | $252,716 | RECRUITING, RESEARCH |
| East Asia and the Pacific | 0 | 55 | Program Services | $383,103 | RECRUITING, RESEARCH |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 223 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 223 | TotalEmployeeCnt |
| Subtotal Spent | $134,289,121 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $134,289,121 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements | FormAndLineReferenceDesc |
| Explanation | CENTRAL 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-Accrual | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Parsons Fashion Benefit | Event1Nm |
| Gross Receipts Event1 | $1,203,391 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,168,191 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $35,200 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $191,454 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $115,626 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $378,544 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $92,166 | OtherDirectExpensesEvent1Amt |
| Gross Revenue Event2 | $0 | GrossRevenueEvent2Amt |
| Gross Revenue Other Events | $0 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $1,203,391 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,168,191 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $35,200 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $191,454 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $115,626 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $378,544 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $92,166 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $777,790 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$742,590 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS AND AWARDS | GrantTypeTxt |
| Recipient | 15192 | RecipientCnt |
| Cash Grant | $165,217,547 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | Grants 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 Humanities | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (24 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp 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 ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a Housing allowance or residence for personal use | Campus 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 services | The 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 plan | The 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 payments | Non-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 ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK | ||||||||
| A | 146000293 | 65000BLQ9 | 2022-03-29 | $161,423,981 | The 2022A issue will finance the costs of acquisition, renovation, and equipping of a 12-story build | false | false | false |
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK | ||||||||
| B | 146000293 | 64990BDW0 | 2015-05-01 | $140,166,569 | The 2015 issue refunded issues dated 12/09/10, 11/21/2006, 6/16/2005, 10/16/2001, 5/20/1999 | Yes (true) | false | false |
| DORMITORY AUTHORITY OF THE STATE OF NEW YORK | ||||||||
| C | 146000293 | 64990CJH5 | 2016-11-15 | $350,211,770 | The 2016A issue financed the acquisition of 34-42 West 14th Street and advanced refunded the series | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Bond DefeasedBondDefeasedAmt | Substantial CompletionSubstantialCompletionYr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $0 | $161,423,981 | $1,074,166 | $116,120,000 | $15,733,431 | $28,496,384 | Yes (true) | false | false | Yes (true) | ||
| B | $10,160,000 | $140,166,569 | $1,055,942 | $139,110,628 | Yes (true) | Yes (true) | Yes (true) | Yes (true) | $7,975,000 | 2015 | ||
| C | $5,045,000 | $350,211,770 | $1,640,727 | $67,118,181 | $281,452,861 | false | Yes (true) | Yes (true) | Yes (true) | 2016 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Change In Use Bond Financed PropChangeInUseBondFinancedPropPct |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | 0.0 | false | false | Yes (true) | |||
| B | false | Yes (true) | false | false | 0.0 | false | Yes (true) | Yes (true) | 0.0 | 0.0 | 0.0728 |
| C | false | Yes (true) | false | false | 0.0 | false | false | Yes (true) | 0.0 | 0.0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | false | Yes (true) | false | false | false | false | false | false | Yes (true) |
| B | false | false | false | Yes (true) | false | false | false | false | Yes (true) |
| C | false | Yes (true) | false | false | false | false | false | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part III, Line 4 PART III, LINE 4, BOND C | A 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 B | Issuer 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 22 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,515,404 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Selling cost | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | Steinway Piano | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $12,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Selling cost | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I SCHEDULE M, PART I, COLUMN (B) | FormAndLineReferenceDesc |
| Explanation | THE 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 ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 committee | There 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 body | The 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 policy | The 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 official | The 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 employees | As 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 public | The 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 balances | CHANGE 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 ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Legal Domicile StateLegalDomicileStateCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FREUNDE UND FORDERER VON THE NEW SCHOOL | ||||||||||||
| FACILITATE CONTRIBUTIONS | GM | 501(c)(3) | 2 | THE NEW SCHOOL | Yes (true) | |||||||
| TNS PARSONS | ||||||||||||
| EDUCATION AND RESEARCH | FR | THE NEW SCHOOL | Yes (true) | |||||||||
| ANATOL SHULKIN MEMORIAL SCHOLARSHIP | ||||||||||||
| AWARDS SCHOLARSHIPS FOR ART & DESIGN | 501(c)(3) | PF | THE NEW SCHOOL | Yes (true) | C/O THE NEW SCHOOL | 79 FIFTH AVENUE 16TH FLOOR | NEW YORK | NY | 10003 | 133010477 | NY | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Charitable remainder trusts (4) | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O THE NEW SCHOOL | AddressLine1Txt |
| Address Line2 | 66 WEST 12TH STREET | AddressLine2Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10011 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Charitable remainder trust | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The New School | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | Trust | EntityTypeTxt |
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TNS PARSONS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | M | TransactionTypeTxt |
| Involved | $7,611,355 | InvolvedAmt |
| Method Of Amount Determination | COST | MethodOfAmountDeterminationTxt |