THE NEW SCHOOL: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- THE NEW SCHOOL (EIN 13-3297197)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-15
- IRS object ID
- 201221369349304472
- Schema version
- 2010v3.4
- 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 L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-15T14:01:41-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | O'Connor Davies Munns & Dobbins LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 60 East 42nd Street 36th Fl | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 101653698 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133297197 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The New School | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NEWS | NameControl |
| Phone | 2122295600 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 West 12th Street | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10011 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | FRANK BARLETTA | Name |
| Title | Senior Vice President & CFO | Title |
| Phone | 2122295600 | Phone |
| Date Signed | 2012-05-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Garrett M Higgins | Name |
| Phone | 2122862600 | Phone |
| Date Prepared | 2012-05-10 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Frank Barletta | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 West 12th Street | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10011 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 640228326 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.newschool.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1919 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | See Schedule O | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 52 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 48 | NbrIndependentVotingMembers |
| Total Nbr Employees | 6843 | TotalNbrEmployees |
| Total Nbr Volunteers | 278 | TotalNbrVolunteers |
| Total Gross UBI | -77081 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -80513 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 34944733 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 30279404 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 326649898 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 347505955 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1905156 | InvestmentIncomePriorYear |
| Investment Income Current Year | 7794547 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2130376 | OtherRevenuePriorYear |
| Other Revenue Current Year | 3030071 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 365630163 | TotalRevenuePriorYear |
| Total Revenue Current Year | 388609977 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 72613383 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 81021360 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 182383006 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 196408241 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 5104235 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 98612287 | OtherExpensePriorYear |
| Other Expenses Current Year | 104502472 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 353608676 | TotalExpensesPriorYear |
| Total Expenses Current Year | 381932073 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 12021487 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 6677904 | RevenuesLessExpensesCY |
| Total Assets BOY | 598813470 | TotalAssetsBOY |
| Total Assets EOY | 941841112 | TotalAssetsEOY |
| Total Liabilities BOY | 202985725 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 510135079 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 395827745 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 431706033 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | See Schedule O | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 120686701 | Expense |
| Revenue | 319207368 | Revenue |
| Description | Academic Program: The university's academic program is composed of instructional, research and public service activities. The university provides baccalaureate, masters, and doctoral degrees. In academic year 2010-11 it enrolled 10,678 degree students and 3,179 continuing education students. The university 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. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 81021360 | Expense |
| Grants | 81021360 | Grants |
| Description | 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 2010-11, 7,978 students received institutional scholarships and 8,973 students received at least one form of institutional or public scholarships, grants, loans, or work study awards. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 78513966 | Expense |
| Description | Educational Support: The university's educational support program is composed of academic support and student services. Academic support provide support services, such as libraries, academic technology, 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 formal instructional programs. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 25981824 | Expense |
| Revenue | 28298587 | Revenue |
| Description | Auxiliary revenue for room and board and health services. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 25981824 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 28298587 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 306203851 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 11214 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 6843 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | GM | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 52 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 48 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Frank Barletta Senior Vice Preside | NamePerson |
| Telephone Number | 2122295600 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 66 West 12th Street | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10011 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (84 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| Arnold H Aronson | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Bernard L Schwartz | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Beth Rudin DeWoody | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Bevis Longstreth | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Cheryl Cohen Effron | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| David B Ford | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Douglas D Durst | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Elliot Stein | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Eugene M Lang | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Franci J Blassberg | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| George Walker | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Henry H Arnhold | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Jane D Hartley | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| John L Tishman | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Jonathan Newcomb | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Joshua Sapan | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Julien J Studley | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Kent A Clark | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Lauren M Tyler | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Leo Hindery Jr | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Lilian Shiao-Yen Wu | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Linda E Rappaport | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Malcolm B Smith | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Marylin L Prince | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Michael E Gellert | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Michael J Johnston | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Lee Slaughter | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Nancy Garvey | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Nancy Walker | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Nancy Lublin | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Paul A Gould | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Philip Scaturro | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Richard L Kauffman | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Robert Millard | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Robert E Denham | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Robert R Hoerle | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Robert H Mundheim | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Sally Susman | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Sheila C Johnson | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Steven H Bloom | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Susan L Foote | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Susan M Lyne | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Susan U Halpern | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Walter A Eberstadt | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| William D Zabel | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| William E Havemeyer | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| William H Hayden | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| William J Snipes | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Randall S Yanker | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| J Robert Kerrey | |||||||||
| President Emeritus | 40.00 | X | 2494535 | 0 | 553168 | X | |||
| Jeffrey Gural | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Renaud Detreil | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Kay Unger | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Joseph R Gromek | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| Timothy L Porter | |||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||||
| David Van Zandt | |||||||||
| President | 40.00 | X | 0 | 0 | 0 | X | |||
| James Murtha | |||||||||
| EVP & COO | 40.00 | 484642 | 0 | 166216 | X | ||||
| Tim Marshall | |||||||||
| Provost | 40.00 | 466273 | 0 | 44322 | X | ||||
| Frank Barletta | |||||||||
| Senior Vice President & CFO | 40.00 | 281095 | 0 | 34839 | X | ||||
| Carol Cantrell | |||||||||
| SVP HR | 40.00 | 256572 | 0 | 45385 | X | ||||
| Shelley Reed | |||||||||
| SVP IT | 40.00 | 277334 | 0 | 45525 | X | ||||
| Mary Sanger | |||||||||
| SVP Acad Affair | 40.00 | 287583 | 0 | 47779 | X | ||||
| Craig Becker | |||||||||
| VP & Treasurer | 40.00 | 230035 | 0 | 45711 | X | ||||
| Lia Gartner | |||||||||
| VP Facilities | 40.00 | 241450 | 0 | 39364 | X | ||||
| Robert Gay | |||||||||
| VP Enrollment | 40.00 | 259831 | 0 | 48739 | X | ||||
| Ben Lee | |||||||||
| VP Int'l Affairs | 40.00 | 533886 | 0 | 39242 | X | ||||
| Nancy Martin | |||||||||
| VP CEA | 40.00 | 249643 | 0 | 44929 | X | ||||
| Roy Moskowitz | |||||||||
| VP Legal | 40.00 | 264228 | 0 | 45921 | X | ||||
| Doris Suarez | |||||||||
| VP Secretary | 40.00 | 256180 | 0 | 38591 | X | ||||
| Linda Reimer | |||||||||
| SVP Student Ser | 40.00 | 250770 | 0 | 45251 | X | ||||
| Pamela Besnard | |||||||||
| SVP Development | 40.00 | 150447 | 0 | 17101 | X | ||||
| Linda Dunne | |||||||||
| Dean the New School | 40.00 | 253319 | 0 | 39921 | X | ||||
| Neil Gordon | |||||||||
| Dean Eugene Lang | 40.00 | 246441 | 0 | 28769 | X | ||||
| Joel Lester | |||||||||
| Dean Mannes | 40.00 | 233560 | 0 | 42998 | X | ||||
| Robert Lupone | |||||||||
| Director of Drama School | 40.00 | 215281 | 0 | 35169 | X | ||||
| Michael Schober | |||||||||
| Dean NSSR | 40.00 | 233892 | 0 | 29260 | X | ||||
| Lisa Servon | |||||||||
| Dean Milano NSGS | 40.00 | 263745 | 0 | 26500 | X | ||||
| Joel Towers | |||||||||
| Dean Parsons | 40.00 | 274686 | 0 | 42100 | X | ||||
| Simon Collins | |||||||||
| Professor | 40.00 | 215828 | 0 | 21500 | X | ||||
| Paul Goldberger | |||||||||
| Joseph Urban Prof | 40.00 | 203730 | 0 | 41450 | X | ||||
| Ann Stoler | |||||||||
| Dist Prof Anthro | 40.00 | 259555 | 0 | 40048 | X | ||||
| Theresa Ghilarducci | |||||||||
| Professor | 40.00 | 214391 | 0 | 22260 | X | ||||
| William Morrish | |||||||||
| Professor | 40.00 | 217138 | 0 | 40489 | X | ||||
| Greggory Spence - Current Professor | |||||||||
| and Former VP & General Co | 40.00 | 156265 | 0 | 19993 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 9972335 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 1732540 | TotalOtherCompensation |
| Number Individuals GT100 K | 179 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Skidmore Owings & Merrill LLP | |||||
| 14 Wall Street | New York | NY | 10005 | Architectural Service | 3734262 |
| TNS Developer LLC | |||||
| One Bryant Park | New York | NY | 10036 | Construction Mgmt. | 1905239 |
| Hogan Lovells US LLP | |||||
| 555 13th St NW | Washington | DC | 20004 | Legal Services | 615004 |
| Engine LLC | |||||
| 116 W Eastman | Arlington Heights | IL | 60004 | Consulting Services | 557269 |
| New York Metropolitan Reference & Resear | |||||
| 57 East 11th Street | New York | NY | 10003 | Database Subscription | 373416 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 52 | NumberOfContractorsGT100K |
| Fundraising Events | 1684613 | FundraisingEvents |
| Related Organizations | 5225 | RelatedOrganizations |
| Government Grants | 8253721 | GovernmentGrants |
| All Other Contributions | 20335845 | AllOtherContributions |
| Noncash Contributions | 240786 | NoncashContributions |
| Total Contributions | 30279404 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Tuition & fees | 900099 | 318735359 | 318735359 |
| Auxiliary Enterprise R | 900099 | 28298587 | 28298587 |
| Service of Education D | 900099 | 472009 | 472009 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 347505955 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4326899 | TotalRevenueColumn |
| Unrelated Business Revenue | -77081 | UnrelatedBusinessRevenue |
| Exclusion | $4,403,980 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 2299450 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 2299450 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2299450 | TotalRevenueColumn |
| Exclusion | $2,299,450 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 254633432 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 251165784 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3467648 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3467648 | TotalRevenueColumn |
| Exclusion | $3,467,648 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 136920 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 1684613 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 452565 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -315645 | TotalRevenueColumn |
| Exclusion | -$315,645 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| Indirect Cost Recovery | 900099 | 842421 | $842,421 |
| Commissions | 900099 | 152589 | $152,589 |
| Miscellaneous Revenue | 900099 | 51256 | $51,256 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1046266 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 388609977 | TotalRevenueColumn |
| Related Or Exempt Function Income | 347505955 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -77081 | UnrelatedBusinessRevenue |
| Exclusion | $10,901,699 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 81021360 | Total |
| Program Services | 81021360 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11068050 | Total |
| Program Services | 4020621 | ProgramServices |
| Management And General | 6416756 | ManagementAndGeneral |
| Fundraising | 630673 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 137924104 | Total |
| Program Services | 118532230 | ProgramServices |
| Management And General | 16732173 | ManagementAndGeneral |
| Fundraising | 2659701 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12751291 | Total |
| Program Services | 10488519 | ProgramServices |
| Management And General | 1981170 | ManagementAndGeneral |
| Fundraising | 281602 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24229362 | Total |
| Program Services | 13983460 | ProgramServices |
| Management And General | 9615182 | ManagementAndGeneral |
| Fundraising | 630720 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10435434 | Total |
| Program Services | 8583621 | ProgramServices |
| Management And General | 1621355 | ManagementAndGeneral |
| Fundraising | 230458 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 966270 | Total |
| Program Services | 19022 | ProgramServices |
| Management And General | 947248 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 168600 | Total |
| Management And General | 168600 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 842150 | Total |
| Management And General | 842150 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 586525 | Total |
| Management And General | 586525 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5543379 | Total |
| Program Services | 3183020 | ProgramServices |
| Management And General | 2346524 | ManagementAndGeneral |
| Fundraising | 13835 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3801932 | Total |
| Program Services | 159153 | ProgramServices |
| Management And General | 3631813 | ManagementAndGeneral |
| Fundraising | 10966 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9622046 | Total |
| Program Services | 5173962 | ProgramServices |
| Management And General | 4282951 | ManagementAndGeneral |
| Fundraising | 165133 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2628040 | Total |
| Program Services | 1206598 | ProgramServices |
| Management And General | 1421220 | ManagementAndGeneral |
| Fundraising | 222 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 117202 | Total |
| Program Services | 93475 | ProgramServices |
| Management And General | 23727 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37351186 | Total |
| Program Services | 32251670 | ProgramServices |
| Management And General | 5084494 | ManagementAndGeneral |
| Fundraising | 15022 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4041600 | Total |
| Program Services | 3543415 | ProgramServices |
| Management And General | 434118 | ManagementAndGeneral |
| Fundraising | 64067 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 376950 | Total |
| Program Services | 324982 | ProgramServices |
| Management And General | 45794 | ManagementAndGeneral |
| Fundraising | 6174 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7057532 | Total |
| Program Services | 5593431 | ProgramServices |
| Management And General | 1438455 | ManagementAndGeneral |
| Fundraising | 25646 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12724318 | Total |
| Program Services | 9909793 | ProgramServices |
| Management And General | 2777181 | ManagementAndGeneral |
| Fundraising | 37344 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1154788 | Total |
| Program Services | 39140 | ProgramServices |
| Management And General | 1115648 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | Program ServicesProgramServices | FundraisingFundraising |
|---|---|---|---|---|
| Bad Debt Expense | 7280678 | 7280678 | ||
| Library | 2882997 | 14426 | 2868571 | |
| Food Services | 2583887 | 256099 | 2189074 | 138714 |
| Printing & Publications | 1858511 | 619462 | 1056204 | 182845 |
| Honoraria and Fees | 988116 | 11199 | 976917 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1925765 | Total |
| Program Services | 985613 | ProgramServices |
| Management And General | 929039 | ManagementAndGeneral |
| Fundraising | 11113 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 381932073 | Total |
| Program Services | 306203851 | ProgramServices |
| Management And General | 70623987 | ManagementAndGeneral |
| Fundraising | 5104235 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1143375 | BOY |
| EOY | 1577703 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1344611 | BOY |
| EOY | 855925 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42079448 | BOY |
| EOY | 38863430 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9943037 | BOY |
| EOY | 12069535 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4946374 | BOY |
| EOY | 4582442 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10551541 | BOY |
| EOY | 16557120 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 375943985 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 102404555 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 236273131 | BOY |
| EOY | 273539430 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 202840024 | BOY |
| EOY | 203391907 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 82716759 | BOY |
| EOY | 105876349 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6975170 | BOY |
| EOY | 284527271 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 598813470 | BOY |
| EOY | 941841112 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39886584 | BOY |
| EOY | 54757215 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11270470 | BOY |
| EOY | 11345821 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 147976672 | BOY |
| EOY | 440258006 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3851999 | BOY |
| EOY | 3774037 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 202985725 | BOY |
| EOY | 510135079 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 228796970 | BOY |
| EOY | 237910387 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95354167 | BOY |
| EOY | 119590514 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71676608 | BOY |
| EOY | 74205132 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 395827745 | BOY |
| EOY | 431706033 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 598813470 | BOY |
| EOY | 941841112 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 6677904 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 29200384 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $842,150 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 842150 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Explanation of Other Lobbying Activities: | Identifier |
| Return Reference | Part II-B, Line 1i: | ReturnReference |
| Explanation | The expenses were incurred for the purpose of government relations activities with The City of New York, State of New York, and Federal Government; lobbying activities in support of higher education issues and legislation; and to assist in procuring appropriations and grants. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 188168547 | BeginningOfYearBalance |
| Contributions | 4087531 | Contributions |
| Investment Earnings Or Losses | 34861283 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3605236 | GrantsOrScholarships |
| Other Expenditures | 6528003 | OtherExpenditures |
| End Of Year Balance | 216984122 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 179373610 | BeginningOfYearBalance |
| Contributions | 1144433 | Contributions |
| Investment Earnings Or Losses | 18229335 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3788026 | GrantsOrScholarships |
| Other Expenditures | 6790805 | OtherExpenditures |
| End Of Year Balance | 188168547 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 219174978 | BeginningOfYearBalance |
| Contributions | 3760680 | Contributions |
| Investment Earnings Or Losses | -32565876 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 3842743 | GrantsOrScholarships |
| Other Expenditures | 7153429 | OtherExpenditures |
| End Of Year Balance | 179373610 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.47000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.53000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 52913686 | OtherCostOrOtherBasis |
| Book Value | 52913686 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 191296614 | OtherCostOrOtherBasis |
| Depreciation | 78331999 | Depreciation |
| Book Value | 112964615 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 55532820 | OtherCostOrOtherBasis |
| Depreciation | 14296568 | Depreciation |
| Book Value | 41236252 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15408207 | OtherCostOrOtherBasis |
| Depreciation | 9775988 | Depreciation |
| Book Value | 5632219 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 60792658 | OtherCostOrOtherBasis |
| Book Value | 60792658 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 273539430 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Investments- Hedge Funds | 58692361 | F |
| Investments- Private Equity | 17817750 | F |
| Investments- Real Assets | 29366238 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 105876349 | TotalOfBookValueSecurities |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Funds Held by Bond Trustees | Description |
| Book Value | 284527271 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 284527271 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Federal Student Loan Advances Perkins | Description |
| Amount | $3,774,037 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 3774037 | TotalOfAmounts |
| Total Revenue | 388609977 | TotalRevenue |
| Total Expenses | 381932073 | TotalExpenses |
| Excess Or Deficit For Year | 6677904 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 30096011 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | -975000 | DonatedServicesAndFacilities |
| Other | $79,373 | OtherAmount |
| Total Adjustments | 29200384 | TotalAdjustments |
| Excess Or Deficit Per FS | 35878288 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 337630041 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 30096011 | NetUnrealizedGainsInvestments |
| Other Revenues | 531938 | OtherRevenues |
| Revenue Not Rptd F990 | 30627949 | RevenueNotRptdF990 |
| Revenue Subtotal | 307002092 | RevenueSubtotal |
| Investment Expenses Not Included | 586525 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 81021360 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 81607885 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 388609977 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 301751753 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 975000 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 452565 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 1427565 | ExpensesNotRptdF990 |
| Expenses Subtotal | 300324188 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 586525 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 81021360 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 81607885 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 381932073 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part III, Line 1a: | 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 is cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed by the university's curators under the supervision of the Trustee Art Committee. The art collection, which was acquired through purchases and contributions since the university's inception, is not recognized as an asset in the balance sheet. 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 unrestricted net assets. | |
| Part III, Line 4: | 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. 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 1,800 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. | |
| Part X: | The university is exempt from federal income tax pursuant to section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for federal income tax has been recorded in the accompanying financial statement. The university is also exempt from New York income taxes under the related state provision. Management believes that the university will continue to be exempt from taxes and that the university has taken no significant uncertain tax positions. Donations to the university qualify for deduction as charitable contributions. | Description of Uncertain Tax Positions Under FIN 48: |
| Change in Value of Split Interest - $56,046 Change in Postretirement Benefits - $23,327 | Part XI, Line 8 - Other Adjustments: | |
| Change in Value of Split Interest - $56,046 Change in Postretirement benefits - $23,327 Special Event Expenses Reported on Form 990, Part VIII, Line 8B - $452,565 | Part XII, Line 2d - Other Adjustments: | |
| Scholarship Expenses Netted Against Revenue - $81,021,360 | Part XII, Line 4b - Other Adjustments: | |
| Special Event Expenses Reported on Form 990, Part VIII, Line 8B - $452,565 | Part XIII, Line 2d - Other Adjustments: | |
| Scholarship Expenses Netted Against Revenue - $81,021,360 | Part XIII, Line 4b - Other Adjustments: |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 0 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Government Financial Aid Received | 1 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Explanation of Nondiscriminatory Policy Publication | Schedule E, Part I, Line 3 | A general statement of non-discrimination is included in all advertisement and other printed media relating to the recruitment of students and employees. |
| Form 990, Schedule E, Line 6 | The university receives various forms of financial aid from the government support financial assistance provided to the students. The types of government assistance the university receives include the following: Federal Pell Grant Federal Supplemental Opportunity Grant (SEOG) Federal Academic Competitiveness Grant (ACG) Federal Perkins Loan Federal Family Education Loan Program (FFELP) (including Stafford and Parent PLUS Loans) Federal Direct Loan program Federal Work Study Program New York State Tuition Assistance Program (TAP) New York State Aid for Part-Time Study (APTS) New York State Higher Education Opportunity Program (HEOP) New York State Bundy Aid Appropriation The public agencies that support the university research activities are: National Science Foundation Department of Health and Human Services United States Department of Energy United States Department of Education United States Department of Defense The National Endowment for the Arts |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (2 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Europe (Including Iceland & Greenland) - | 0 | 0 | Investments | Investments in foreign partnerships and securities | 43377244 |
| Central America and the Caribbean - | 0 | 0 | Investments | Investments in foreign partnerships and securities | 51868828 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 95246072 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 95246072 | TotalAmountSpent |
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 1 | OwnForeignCorp |
| Passive Foreign Invest Co | 1 | PassiveForeignInvestCo |
| Foreign Partnership | 1 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Parson's fashion show | NameOfEvent1 |
| Gross Receipts Event1 | 1067058 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 977338 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 89720 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 115435 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 71983 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 184955 | OtherDirectExpensesEvent1 |
| Name Of Event2 | LaGuardia dinner | NameOfEvent2 |
| Gross Receipts Event2 | 754475 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 707275 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 47200 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 54417 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 25775 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 1821533 | GrossReceiptsTotal |
| Charitable Contributions Total | 1684613 | CharitableContributionsTotal |
| Gross Revenue Total Events | 136920 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 115435 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 126400 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 210730 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 452565 | DirectExpenseSummaryEvents |
| Net Income Summary | -315645 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| The New School Institutional Scholarship Program | 7978 | 73003453 |
| Federal Student Aid Grants | 1983 | 8017907 |
Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Procedure for Monitoring Grants in the U.S.: | Part I, Line 2: | Schedule I, Part I, Line 2: 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. |
| Other Information: | Part IV: | The university receives various forms of financial aid from the government support financial assistance provided to the students. The types of government assistance the university receives include the following: Federal Pell Grant Federal Supplemental Opportunity Grant (SEOG) Federal Academic Competitiveness Grant (ACG) Federal Perkins Loan Federal Family Education Loan Program (FFELP) (including Stafford and Parent PLUS Loans) Federal Direct Loan Program Federal Work Study Program New York State Tuition Assistance Program (TAP) New York State Aid for Part-Time Study (APTS) New York State Higher Education Opportunity Program (HEOP) New York State Bundy Aid Appropriation 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 Energy United States Department of Education United States Department of Defense The National Endowment for the Arts |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (29 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| J Robert Kerrey | |||||||||||||
| 602593 | 0 | 1200000 | 0 | 691942 | 0 | 132877 | 0 | 420291 | 0 | 3047703 | 0 | 621461 | 0 |
| James Murtha | |||||||||||||
| 463252 | 0 | 0 | 0 | 21390 | 0 | 46800 | 0 | 119416 | 0 | 650858 | 0 | 0 | 0 |
| Tim Marshall | |||||||||||||
| 386273 | 0 | 0 | 0 | 80000 | 0 | 38462 | 0 | 5860 | 0 | 510595 | 0 | 0 | 0 |
| Frank Barletta | |||||||||||||
| 277507 | 0 | 0 | 0 | 3588 | 0 | 28088 | 0 | 6751 | 0 | 315934 | 0 | 0 | 0 |
| Carol Cantrell | |||||||||||||
| 256572 | 0 | 0 | 0 | 0 | 0 | 26208 | 0 | 19177 | 0 | 301957 | 0 | 0 | 0 |
| Shelley Reed | |||||||||||||
| 277334 | 0 | 0 | 0 | 0 | 0 | 28088 | 0 | 17437 | 0 | 322859 | 0 | 0 | 0 |
| Mary Sanger | |||||||||||||
| 270352 | 0 | 0 | 0 | 17231 | 0 | 27508 | 0 | 20271 | 0 | 335362 | 0 | 0 | 0 |
| Craig Becker | |||||||||||||
| 230035 | 0 | 0 | 0 | 0 | 0 | 24000 | 0 | 21711 | 0 | 275746 | 0 | 0 | 0 |
| Lia Gartner | |||||||||||||
| 240762 | 0 | 0 | 0 | 688 | 0 | 24943 | 0 | 14421 | 0 | 280814 | 0 | 0 | 0 |
| Robert Gay | |||||||||||||
| 259831 | 0 | 0 | 0 | 0 | 0 | 27040 | 0 | 21699 | 0 | 308570 | 0 | 0 | 0 |
| Ben Lee | |||||||||||||
| 448886 | 0 | 0 | 0 | 85000 | 0 | 24500 | 0 | 14742 | 0 | 573128 | 0 | 0 | 0 |
| Nancy Martin | |||||||||||||
| 249643 | 0 | 0 | 0 | 0 | 0 | 25700 | 0 | 19229 | 0 | 294572 | 0 | 0 | 0 |
| Roy Moskowitz | |||||||||||||
| 244228 | 0 | 0 | 0 | 20000 | 0 | 25300 | 0 | 20621 | 0 | 310149 | 0 | 0 | 0 |
| Doris Suarez | |||||||||||||
| 256180 | 0 | 0 | 0 | 0 | 0 | 26208 | 0 | 12383 | 0 | 294771 | 0 | 0 | 0 |
| Linda Reimer | |||||||||||||
| 250770 | 0 | 0 | 0 | 0 | 0 | 25830 | 0 | 19421 | 0 | 296021 | 0 | 0 | 0 |
| Pamela Besnard | |||||||||||||
| 130447 | 0 | 0 | 0 | 20000 | 0 | 11000 | 0 | 6101 | 0 | 167548 | 0 | 0 | 0 |
| Linda Dunne | |||||||||||||
| 253319 | 0 | 0 | 0 | 0 | 0 | 24500 | 0 | 15421 | 0 | 293240 | 0 | 0 | 0 |
| Neil Gordon | |||||||||||||
| 224305 | 0 | 0 | 0 | 22136 | 0 | 22500 | 0 | 6269 | 0 | 275210 | 0 | 0 | 0 |
| Joel Lester | |||||||||||||
| 233560 | 0 | 0 | 0 | 0 | 0 | 23577 | 0 | 19421 | 0 | 276558 | 0 | 0 | 0 |
| Robert Lupone | |||||||||||||
| 205281 | 0 | 0 | 0 | 10000 | 0 | 20748 | 0 | 14421 | 0 | 250450 | 0 | 0 | 0 |
| Michael Schober | |||||||||||||
| 233892 | 0 | 0 | 0 | 0 | 0 | 23400 | 0 | 5860 | 0 | 263152 | 0 | 0 | 0 |
| Lisa Servon | |||||||||||||
| 250451 | 0 | 0 | 0 | 13294 | 0 | 24500 | 0 | 2000 | 0 | 290245 | 0 | 0 | 0 |
| Joel Towers | |||||||||||||
| 261224 | 0 | 0 | 0 | 13462 | 0 | 26523 | 0 | 15577 | 0 | 316786 | 0 | 0 | 0 |
| Simon Collins | |||||||||||||
| 215328 | 0 | 500 | 0 | 0 | 0 | 21500 | 0 | 0 | 0 | 237328 | 0 | 0 | 0 |
| Paul Goldberger | |||||||||||||
| 203230 | 0 | 500 | 0 | 0 | 0 | 21129 | 0 | 20321 | 0 | 245180 | 0 | 0 | 0 |
| Ann Stoler | |||||||||||||
| 199055 | 0 | 500 | 0 | 60000 | 0 | 20627 | 0 | 19421 | 0 | 299603 | 0 | 0 | 0 |
| Theresa Ghilarducci | |||||||||||||
| 213891 | 0 | 500 | 0 | 0 | 0 | 16400 | 0 | 5860 | 0 | 236651 | 0 | 0 | 0 |
| William Morrish | |||||||||||||
| 191638 | 0 | 500 | 0 | 25000 | 0 | 20000 | 0 | 20489 | 0 | 257627 | 0 | 0 | 0 |
| Greggory Spence - Current Professor | |||||||||||||
| 127292 | 0 | 500 | 0 | 28473 | 0 | 12813 | 0 | 7180 | 0 | 176258 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part I, Line 1a | Campus housing was provided to J. Robert Kerrey as a condition of employment for the convenience of the university. Mr. Kerrey's compensation includes $417,970 for housing and personal services (such as utilities and property upkeep). This amount is included in Schedule J-1 Part II Column D. Campus housing was provided to James Murtha as a condition of employment for the convenience of the university. Mr. Murtha's compensation includes $100,159 for housing and personal services (such as utilities and property upkeep). This amount is included in Schedule J-1 Part II Column D. Per contractual agreement, the following individuals received a housing allowance: Ben Lee $85,000 Timothy Marshall $80,000 William Morrish $25,000 Mary Sanger $17,231 Ann Stoler $60,000 Joel Towers $13,462 First class travel is sometimes authorized by the President where circumstances (i.e. destination) make this accommodation appropriate. Travel expenses for the President are reviewed by the CFO. The President reviews Deans and Officers travel expenses. | |
| Part I, Line 4b | Contributions to the supplemental nonqualified retirement plan had been provided to the following individuals and reported in part II Column C: J. Robert Kerrey- $108,377 James Murtha- $22,300 Shelley Reed- $3,588 Carol Cantrell- $1,708 Linda Reimer- $1,330 Doris Suarez- $1,708 Lia Gartner- $688 Tim Marshall- $13,962 Joel Towers- $2,023 Nancy Martin- $1,200 Roy Moskowitz- $800 Part II, Column (f): Mr. Kerrey received $621,461 as the portion of his 457(f) plan that became vested in this calendar year. This amount is reflected in both column B (iii) and in column (f). Column (f) represents compensation reported in prior 990 forms. Therefore, as this amount is also included in column (e), the annual compensation reported in column (e) represents a double reporting of the deferred compensation previously reported along with the actual amount earned during the calendar year reporting period. The actual amount can be calculated by subtracting column (f) from column (e). Contributions to 457(f) awarded during the calendar year reporting period but subject to vesting are included as deferred compensation in column (c). | |
| Part III | Part II, Column B (ii) - J Robert Kerrey received a retention bonus per contractual agreement in the amount of $1.2 million in the calendar year ended 2010. Part III - Additional Information J Robert Kerrey became President Emeritus as of December 31, 2010 David Van Zandt became President of the university on January 1, 2011 Pamela Besnard - Newly Hired July, 2010 Greggory Spence - Former Vice President & General Counsel, current professor | Supplemental Information |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| Dormitory Authority of the State of New York | |||||||
| 146000293 | 64983QFY0 | 2005-06-16 | 22710746 | Refunds Series 1994a Dated: 09/13/1994 | 0 | 0 | 0 |
| Dormitory Authority of the State of New York | |||||||
| 146000293 | 64983Q6U8 | 2006-11-21 | 72763601 | Acquisition of 300 West 20th Street | 0 | 0 | 0 |
| Dormitory Authority of the State of New York | |||||||
| 146000293 | 6499055W2 | 2010-12-08 | 295923149 | University Center Construction | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Capital ExpendituresCapitalExpenditures | Capitalized InterestCapitalizedInterest | Amount UnspentAmountUnspent |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3680000 | 21870000 | 21837102 | 600644 | 273000 | 2005 | 1 | 1 | 1 | 1 | |||
| 2580000 | 77043601 | 772865 | 1134000 | 2009 | 0 | 0 | 1 | 1 | 70856735 | |||
| 301055000 | 5628715 | 1240074 | 2013 | 0 | 0 | 0 | 1 | 50651000 | 42299370 | 196103990 |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 1 | 1 |
| 0 | 0 | 0 | 0 | 1 | 1 |
| 0 | 0 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule K Supplental Information | Identifier |
| Explanation | For Bond A issued 6/16/2005, the difference between the amount of Part I, Line A (E) and Part II, Line 3 (a) is the net original issue premium. For Bond B issued 11/21/2006, the difference between the amount of Part I, Line B (E) and Part II, Line 3 (b) is the net original issue premium. For Bond C issued 12/08/2010, the difference between the amount of Part I, Line C (E) and Part II, Line 3 (c) is the net original issue discount. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| Durst Corporation (TNS Developer LLC) - Douglas D Durst | |||
| Entity owned by Douglas D. Durst, a trustee of the university | 1809067 | Building representation/developer | 0 |
| Tishman Construction - John L Tishman | |||
| Entity owned by Family Member of John Tishman, a trustee of the university | 551221 | Construction management | 0 |
| JP Morgan ChaseWilliam Hayden | |||
| Mr. Hayden, a managing director at JPMChase is a trustee of the university | 730924 | JPMorgan Chase was the senior underwriter for a debt offering | 0 |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | RELATED PARTY TRANSACTIONS | ReturnReference |
| Explanation | 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 university's conflict of interest policy requires, among other things, that no member of the board of trustees or its committees can participate in any decision 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 interests 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 interests of the university and ensure compliance with relevant conflict of interest laws.During fiscal 2010, the Board of Trustees approved the engagement of two service firms, associated with trustees, in connection with the construction of a new University Center. Consistent with the policy discussed above, the decision to engage each of the firms was based on a review and discussion without participation of the interested trustees, with the assistance or real estate consultants and outside counsel, and a determination that such engagement was in the best interest and provided substantial benefit to the university. Total amounts paid to the two firms during fiscal years 2011 and 2010 were $2.4 and 4.1 million respectively.During fiscal 2011, the university engaged an investment banking firm associated with a trustee to assist with the issuance of tax exempt debt. The firm was selected on the basis of a competitive bidding process. Its selection was deemed at arms length and in the best interest of the university. Total amount paid to this firm was $731,000 in fiscal 2011. | Explanation |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 4 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 16 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 230314 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Fair Market Value | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Sewing Machine | 1 | 2972 | Fair Market Value |
| X | Piano | 1 | 7500 | Fair Market Value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Third Party Use: | Part I, Line 32b: | JPMorgan Chase is the custodian of all stock contributions and facilitates the dispositions of such investments. |
| Non Reporting of Revenue: | Part I, Line 33: | The university elected, as permitted under SFAS 116, not to report in its revenue statement and balance sheet works of art/ historical treasures. Please see Schedule D, Part III, Line 1a And Part XIV, Supplemental Information. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Organization's Mission: | FORM 990, PART I, LINE 1: | To educate those who want to: pursue learning in a free and creative environment for their self-improvement; advance their professions; and, improve the city and world in which they live. |
| Organization's Mission: | FORM 990, PART III, LINE 1: | The New School's mission is to educate women and men, from all walks of life and all parts of the globe, who want to pursue learning in a free and creative association unconstrained by conventional boundaries, for their own self-improvement, the advancement of their professions, and the improvement of the city and world in which they live. The New School is a progressive university in the heart of Greenwich Village, New York City. The university prepares and inspires its 10,678 undergraduate and graduate students, and more than 3,000 continuing education students to bring positive change to the world. In addition to its 88 graduate and undergraduate degree-granting programs, the university offers certificate programs and more than 650 continuing education courses. The New School (the university) was founded in 1919 by a group of scholars, journalists, and civic leaders who imagined an educational venue where they could freely discuss their ideas, and where dialogue could take place between intellectuals and the public. Originally devoted to exploring the pressing social, political, and economic problems of the day, the new school has since expanded its focus to embrace the arts and culture. Today the university offers bachelors and masters programs in the visual and performing arts in addition to bachelors, masters, doctorate and certificate programs in the liberal arts, social sciences, and management and urban policy. The New School is an independent, nonprofit, coeducational institution of higher education. Seven schools comprise the university, each with its own history and program offerings. The seven schools are: The New School for Public Engagement; The New School for Social Research; Parsons The New School for Design; Eugene Lang College The New School for Liberal Arts; Mannes College The New School for Music; The New School for Drama; and The New School for Jazz and Contemporary Music. The main campus is located in Greenwich Village in the City of New York, along with other locations in Manhattan. The university is accredited by the Middle States Association of Colleges and Schools. The university derives its revenues principally from student tuition and fees, government appropriations, grants and contracts, gifts, and investment earnings. Additional support is generated through auxiliary activities carried out by the university, such as dining services, student health services, and residence facilities. The university spends these resources to meet its instructional and educational mission. |
| Form 990, Part VI, Section A, line 2 | During the year ended June 30, 2011: George Walker and Nancy Walker had a family relationship Robert Mundheim and Linda Rappaport had a business relationship | |
| Form 990, Part VI, Section B, line 11 | 990 Review Process: The Audit and Risk Committee of the Board of Trustees has been delegated responsibility for reviewing the annual 990 form. 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, Section B, line 12c | Conflict of Interest Process: 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 university's conflict of interest policy requires, among other things, that no member of the Board of Trustees or its committees can participate 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 of 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. | |
| Form 990, Part VI, Section B, line 15 | Compensation Review Process: The Administrative Affairs Committee of the Board of Trustees reviews the compensation of the president, provost, vice presidents, other senior management and key employees. The Administrative Affairs Committee reviews compensation for all employees earning $100,000 or greater on an annual basis. A memorandum from the president outlining his recommendations for merit, retention or promotion increases is provided to the committee with comparability statistics as appropriate. The Administrative Affairs Committee approves or adjusts the president's recommendations. In executive session, the Administrative Affairs Committee determines the president's salary using available market information. During the year, the committee is advised and approves hiring arrangements associated with recruiting individuals earning over $125,000; the committee also approves promotions of highly compensated individuals earning over $125,000. A compensation consultant regularly reviews the total compensation for top executives including; the president, provost, vice presidents and deans and directors. A review of the highest paid professors is included in this analysis. Periodically, the university's executive compensation process is reviewed by the Audit and Risk Committee of the Board of Trustees. COMPENSATION REVIEW PROCESS OFFICERS AND KEY EMPLOYEES: As noted above, the Administrativd Affairs Committee of the Board of Trustees reviews compensation for all employees earning $100,000 or greater on an annual basis. A memorandum from the president outlining his recommendations for merit, retention or promotion increases is provided to the committee with comparability statistics as appropriate. | |
| Form 990, Part VI, Section C, line 19 | Public Inspection The university makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Also, the federal Form 990, which includes financial and other disclosures, is available on Guidestar. | |
| Changes in Net Assets or Fund Balances: | Form 990, Part XI, line 5: | Net unrealized gains on investments: 30,096,011. Donated services and use of facilities: -975,000. Change in Value of Split Interest - $56,046 56,046. Change in Postretirement Benefits - $23,327 23,327. Total to Form 990, Part XI, Line 5: 29,200,384. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Freunde Und Forderer Von the New School | BusinessNameLine1 |
Address Foreign AddressForeign
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | c/o HH LLP 1 Potsdamer Platz 1 | AddressLine1 |
| City | Berlin | City |
| Province Or State | Germany | ProvinceOrState |
| Country | GM | Country |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | FACILITATE CONTRIBUTIONS | PrimaryActivities |
| Legal Domicile Foreign Country | GM | LegalDomicileForeignCountry |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The New School | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 1 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Freunde Und Forderer Von the New School | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionType |
| Amount Involved | 5225 | AmountInvolved |
| Method Of Amt Determination | Cash | MethodOfAmtDetermination |