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THE NEW SCHOOL: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
THE NEW SCHOOL (EIN 13-3297197)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-15
IRS object ID
202611359349307671
Schema version
2024v5.1
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-15T11:35:18+00:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN350921680PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROWE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1225 West Wacker Drive Suite 2600AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP606061224ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN133297197EIN

Business Name BusinessName

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

US Address USAddress

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

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLoretta FerrariPersonNm
Person TitleVP of Financial Operations & BudgetPersonTitleTxt
Signature2026-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNicole BencikPreparerPersonNm
PTINP01320603PTIN
Phone3128997000PhoneNum
Preparation2026-05-15PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1Joel TowersBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line166 West 12th StreetAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10011ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,001,896,733GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.NEWSCHOOL.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1919FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE NEW SCHOOL'S MISSION IS TO PREPARE OUR STUDENTS TO UNDERSTAND, CONTRIBUTE TO, AND SUCCEED IN A RAPIDLY CHANGING SOCIETY AND THUS MAKE THE WORLD A BETTER AND MORE JUST PLACE.ActivityOrMissionDesc
Voting Members Governing Body31VotingMembersGoverningBodyCnt
Voting Members Independent28VotingMembersIndependentCnt
Total Employee6964TotalEmployeeCnt
Total Volunteers187TotalVolunteersCnt
Total Gross UBI-$512,399TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$44,480,582PYContributionsGrantsAmt
CY Contributions Grants$40,239,653CYContributionsGrantsAmt
PY Program Service Revenue$537,999,962PYProgramServiceRevenueAmt
CY Program Service Revenue$533,206,802CYProgramServiceRevenueAmt
PY Investment Income-$1,732,268PYInvestmentIncomeAmt
CY Investment Income$45,777,516CYInvestmentIncomeAmt
PY Other Revenue$7,376,476PYOtherRevenueAmt
CY Other Revenue$11,421,793CYOtherRevenueAmt
PY Total Revenue$588,124,752PYTotalRevenueAmt
CY Total Revenue$630,645,764CYTotalRevenueAmt
PY Grants And Similar Paid$167,418,892PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$168,699,882CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$290,148,136PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$296,465,228CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$4,902,313CYTotalFundraisingExpenseAmt
PY Other Expenses$181,868,363PYOtherExpensesAmt
CY Other Expenses$189,998,515CYOtherExpensesAmt
PY Total Expenses$639,435,391PYTotalExpensesAmt
CY Total Expenses$655,163,625CYTotalExpensesAmt
PY Revenues Less Expenses-$51,310,639PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$24,517,861CYRevenuesLessExpensesAmt
Total Assets BOY$1,695,897,113TotalAssetsBOYAmt
Total Assets EOY$1,744,712,844TotalAssetsEOYAmt
Total Liabilities BOY$1,095,472,495TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,123,539,799TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$600,424,618NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$621,173,045NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE NEW SCHOOL'S MISSION IS TO PREPARE OUR STUDENTS TO UNDERSTAND, CONTRIBUTE TO, AND SUCCEED IN A RAPIDLY CHANGING SOCIETY, AND THUS MAKE THE WORLD A BETTER AND MORE JUST PLACE. (Continued on Schedule O)MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$211,748,689ExpenseAmt
Revenue$493,755,136RevenueAmt
DescACADEMIC PROGRAM: The University's academic program is composed of instructional, research, and public service activies. The University awards baccalaureate, masters, and doctoral degrees. In academic year 2024-2025, it enrolled 9,880 degree students and 3,229 non-degree students. The University's research and public service activities enable faculty to explore new areas of education, learning and knowledge, and provides non-instructional services to individuals and groups external to The University.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$168,699,882ExpenseAmt
Grant$168,699,882GrantAmt
DescSCHOLARSHIP AND FINANCIAL AID: The New School seeks to make its education as affordable as possible by offering financial support to students based on financial need, academic achievement, and other qualifications through scholarship and work study programs, which are funded by institutional funds and federal, state and private grants. In academic year 2024-2025, 8,693 students received institutional support.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$126,881,285ExpenseAmt
Revenue$5,538,585RevenueAmt
DescEDUCATIONAL SUPPORT: THE UNIVERSITY'S EDUCATIONAL SUPPORT PROGRAM IS COMPOSED OF ACADEMIC SUPPORT AND STUDENT SERVICES. ACADEMIC SUPPORT PROVIDES SUPPORT SERVICES, SUCH AS LIBRARIES, ACADEMIC TECHNOLOGY, AND FACULTY AND CURRICULUM DEVELOPMENT, FOR ITS ACADEMIC PROGRAM. STUDENT SERVICES PROVIDES VARIOUS SERVICES TO STUDENTS, WHICH CONTRIBUTE TO THE STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND TO THEIR INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE THE CONTEXT OF THE UNIVERSITY'S FORMAL INSTRUCTIONAL PROGRAMS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$52,446,000ExpenseAmt
Revenue$39,451,666RevenueAmt
DescAUXILIARY REVENUE FOR DORMITORIES AND DINING SERVICESDesc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$52,446,000TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$39,451,666TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$559,775,856TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonYes (true)GrantToRelatedPersonInd
Business Rln With Org MemYes (true)BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document9460IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee6964EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryFRForeignCountryCd
Foreign CountryGMForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members31GoverningBodyVotingMembersCnt
Independent Voting Member28IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Policies Reference ChaptersfalsePoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Written Policy Or ProcedurefalseWrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Loretta FerrariBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6469093505PhoneNum

US Address USAddress

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

Form990 Part VII Section A Form990PartVIISectionAGrp (60 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Donna Shalala
Interim President (through July 2024)60.0Yes (X)Yes (X)$476,496$0$289,889
ELLIOT STEIN
VICE CHAIR1.0Yes (X)Yes (X)$0$0$0
FRANCI J BLASSBERG
VICE CHAIR1.0Yes (X)Yes (X)$0$0$0
Joel Towers
President (beginning August 2024)60.0Yes (X)Yes (X)$658,344$0$102,386
LINDA E RAPPAPORT
CHAIR1.0Yes (X)Yes (X)$0$0$0
SUSAN L FOOTE
VICE CHAIR1.0Yes (X)Yes (X)$0$0$0
ANTHONY J MANNARINO
TRUSTEE (through May 2025)1.0Yes (X)$0$0$0
ASMITA BHATIA
TRUSTEE1.0Yes (X)$0$0$0
BEVIS LONGSTRETH
TRUSTEE1.0Yes (X)$0$0$0
Caitlyn McKoy
Trustee (Beginning May 2025)1.0Yes (X)$0$0$0
CHARLES R PERRIN
TRUSTEE (Through May 2025)1.0Yes (X)$0$0$0
CHRISTOPHER J CASTANO
TRUSTEE1.0Yes (X)$0$0$0
CRAIG BERNECKER
FACULTY TRUSTEE (through May 2025)40.0Yes (X)$173,788$0$51,099
DANIEL T MOTULSKY
TRUSTEE1.0Yes (X)$0$0$0
DAVID POMA
TRUSTEE1.0Yes (X)$0$0$0
DOMINIQUE BLUHDORN
TRUSTEE1.0Yes (X)$0$0$0
DOUGLAS D DURST
TRUSTEE1.0Yes (X)$0$0$0
Gregory Bernstein
Trustee (beginning May 2025)1.0Yes (X)$0$0$0
JANE DEFLORIO
TRUSTEE (Through May 2025)1.0Yes (X)$0$0$0
JEFFREY GURAL
TRUSTEE1.0Yes (X)$0$0$0
JOSEPH R GROMEK
TRUSTEE1.0Yes (X)$0$0$0
JOSHUA SAPAN
TRUSTEE1.0Yes (X)$0$0$0
Julia Foulkes
FACULTY TRUSTEE (Beginning May 2025)40.0Yes (X)$135,849$0$59,989
KAY UNGER
TRUSTEE1.0Yes (X)$0$0$0
LILIAN SHIAO-YEN WU
TRUSTEE1.0Yes (X)$0$0$0
Monique Jefferson
Trustee (beginning Sept 2024)1.0Yes (X)$0$0$0
NANCYE GREEN
TRUSTEE1.0Yes (X)$0$0$0
Nsisong Udosen
Student Trustee (through May 2025)1.0Yes (X)$0$0$0
Rhea Alexander
Faculty Trustee (Beginning May 2025)40.0Yes (X)$135,148$0$51,781
ROBERT H MUNDHEIM
TRUSTEE1.0Yes (X)$0$0$0
Sasa Li
Trustee (Beginning Sept 2024)1.0Yes (X)$0$0$0
SHEILA C JOHNSON
TRUSTEE1.0Yes (X)$0$0$0
STANLEY P SILVERSTEIN
TRUSTEE1.0Yes (X)$0$0$0
STEVEN H BLOOM
TRUSTEE1.0Yes (X)$0$0$0
Sylvestre Corti Maderna
Student Trustee (through May 2025)1.0Yes (X)$0$0$0
Ted GoldThorpe
TRUSTEE1.0Yes (X)$0$0$0
TIMOTHY L PORTER
TRUSTEE1.0Yes (X)$0$0$0
WILLIAM D ZABEL
TRUSTEE (through April 2025)1.0Yes (X)$0$0$0
WILLIAM E HAVEMEYER
TRUSTEE1.0Yes (X)$0$0$0
Alex Perez
General Counsel40.0Yes (X)$393,134$0$83,564
Anne Adriance
SVP for Marketing and Business Development40.0Yes (X)$452,822$0$82,679
Jennifer Hobbs
SVP, University Secretary, Chief of Staff40.0Yes (X)$354,551$0$53,119
Jonah Nigh
Senior Vice President for Development & Alumni Engagement40.0Yes (X)$219,690$0$47,399
Lin Zhou
SVP and Chief Information Officer (Through September 2024)40.0Yes (X)$248,387$0$79,283
Loretta Ferrari
Vice President of Finance and Budget & Chief Financial Officer40.0Yes (X)$241,927$0$69,865
Mark Diaz
Interim EVP for Business and Operations (through January 2025)40.0Yes (X)$786,220$0$117,394
Rene White
Provost & Executive Vice President for Academic Affairs40.0Yes (X)$655,857$0$79,679
Christopher Cox
Executive Dean40.0$305,228$0$42,947Yes (X)
Mary Watson
Full Time Faculty40.0$367,208$0$59,782Yes (X)
Richard Kessler
Executive Dean40.0$381,575$0$79,022Yes (X)
Thomas Aleinikoff
Executive Dean40.0$272,436$0$70,124Yes (X)
William Milberg
Full Time Faculty40.0$202,079$0$63,380Yes (X)
Yvonne Watson
Interim Executive Dean, Parsons School of Design40.0$352,926$0$48,907Yes (X)
Ann Stoler
Faculty40.0$292,844$0$72,149Yes (X)
Darrick Hamilton
Faculty40.0$382,066$0$48,772Yes (X)
Joseph Sloan
Executive Director and Dean of Continuing and Professional Education (Through Sept 2024)40.0$335,721$0$25,589Yes (X)
Rachel Schreiber
Former Dean/Current Faculty40.0$286,339$0$42,579Yes (X)
Robert Mack
Vice Provost Student Success & Engagement40.0$303,143$0$28,074Yes (X)
Joshua Burgher
Former Chief Financial Officer0.0$187,335$0$28,585Yes (X)
Stephanie Browner
Former Provost/Current Faculty40.0$286,309$0$38,856Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$8,887,422TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,816,892TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K500IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtAddress Line2ContractorAddress/USAddress/AddressLine2TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Cross Management Corporation
8 East 40th StreetSuite 510New YorkNY10016Construction Services$21,810,924
Compass Group USA Inc
PO Box 91337ChicagoIL606931337Food Service$6,256,829
East End Advisors LLC
610 Fifth Avenue-Suite 506New YorkNY10020Consulting$2,358,487
EAB Global Inc
PO Box 603519CharlotteNC28260Marketing and Enrollment services$2,010,593
Perfect Parties by Robin Inc
21 Woodstone CircleShort HillsNJ07078Events Consultation$1,730,153
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K172CntrctRcvdGreaterThan100KCnt
Fundraising$900,960FundraisingAmt
Government Grants$7,994,318GovernmentGrantsAmt
All Other Contributions$31,344,375AllOtherContributionsAmt
Noncash Contributions$878,014NoncashContributionsAmt
Total Contributions$40,239,653TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION & FEES611310$489,827,563$489,827,563
AUX ENTERPRISE REV611310$39,451,666$39,451,666
COMMERCIAL CONTRACTS611310$3,675,935$3,675,935
Digital Publications611310$251,638$251,638

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$533,206,802TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$25,009,705TotalRevenueColumnAmt
Unrelated Business Revenue-$537,394UnrelatedBusinessRevenueAmt
Exclusion$25,547,099ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$837,346TotalRevenueColumnAmt
Exclusion$837,346ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$10,755,701RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$4,296,079RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$6,459,622RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,459,622TotalRevenueColumnAmt
Exclusion$6,459,622ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$357,982,257SecuritiesAmt
Other$28,223,684OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$349,297,051SecuritiesAmt
Other$16,978,425OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$8,685,206SecuritiesAmt
Other$11,245,259OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$19,930,465TotalRevenueColumnAmt
Unrelated Business Revenue$24,995UnrelatedBusinessRevenueAmt
Exclusion$19,905,470ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$103,000FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,106,960ContriRptFundraisingEventAmt
Fundraising Direct Expenses$679,414FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$576,414TotalRevenueColumnAmt
Exclusion-$576,414ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INDIRECT COST RECOVERY611310$2,278,218$2,278,218
Box Office and Journal Sales611310$183,249$183,249
Pre College Summer Program611310$186,514$186,514

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,890,604TotalRevenueColumnAmt
Related Or Exempt Func Income$2,890,604RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$5,538,585OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$630,645,764TotalRevenueColumnAmt
Related Or Exempt Func Income$538,745,387RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$512,399UnrelatedBusinessRevenueAmt
Exclusion$52,173,123ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$168,699,882TotalAmt
Program Services$168,699,882ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$7,545,852TotalAmt
Program Services$2,382,351ProgramServicesAmt
Management And General$5,153,169ManagementAndGeneralAmt
Fundraising$10,332FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$874,513TotalAmt
Program Services$874,513ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$211,680,896TotalAmt
Program Services$184,830,228ProgramServicesAmt
Management And General$24,174,245ManagementAndGeneralAmt
Fundraising$2,676,423FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$17,309,503TotalAmt
Program Services$15,151,953ProgramServicesAmt
Management And General$1,942,490ManagementAndGeneralAmt
Fundraising$215,060FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$43,368,112TotalAmt
Program Services$37,962,437ProgramServicesAmt
Management And General$4,866,848ManagementAndGeneralAmt
Fundraising$538,827FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$15,686,352TotalAmt
Program Services$13,731,120ProgramServicesAmt
Management And General$1,760,338ManagementAndGeneralAmt
Fundraising$194,894FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,480,173TotalAmt
Program Services$196,366ProgramServicesAmt
Management And General$1,283,807ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$565,420TotalAmt
Management And General$565,420ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$4,892TotalAmt
Management And General$4,892ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$17,657,915TotalAmt
Management And General$17,657,915ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$18,359,938TotalAmt
Program Services$14,923,499ProgramServicesAmt
Management And General$2,751,484ManagementAndGeneralAmt
Fundraising$684,955FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,100,640TotalAmt
Program Services$476,943ProgramServicesAmt
Management And General$2,610,192ManagementAndGeneralAmt
Fundraising$13,505FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$10,796,190TotalAmt
Program Services$9,087,666ProgramServicesAmt
Management And General$1,675,153ManagementAndGeneralAmt
Fundraising$33,371FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$5,553,180TotalAmt
Program Services$1,714,963ProgramServicesAmt
Management And General$3,822,419ManagementAndGeneralAmt
Fundraising$15,798FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$923,513TotalAmt
Program Services$553,743ProgramServicesAmt
Management And General$359,067ManagementAndGeneralAmt
Fundraising$10,703FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$41,354,359TotalAmt
Program Services$37,825,326ProgramServicesAmt
Management And General$3,467,240ManagementAndGeneralAmt
Fundraising$61,793FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,890,363TotalAmt
Program Services$3,585,845ProgramServicesAmt
Management And General$258,243ManagementAndGeneralAmt
Fundraising$46,275FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$3,427,084TotalAmt
Program Services$2,668,285ProgramServicesAmt
Management And General$359,273ManagementAndGeneralAmt
Fundraising$399,526FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$26,983,522TotalAmt
Program Services$22,082,732ProgramServicesAmt
Management And General$4,900,790ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$31,413,689TotalAmt
Program Services$26,044,818ProgramServicesAmt
Management And General$5,368,871ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,165,503TotalAmt
Program Services$1,168,695ProgramServicesAmt
Management And General$3,996,808ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
CONTRACT SERVICE FEE$9,049,242$8,833,920$215,322
Dining Services$3,689,209$3,689,209
BAD DEBT EXPENSE$3,284,498$173$3,284,325
LIBRARY$3,009,217$3,002,072$7,145

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$289,968TotalAmt
Program Services$289,117ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$851FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$655,163,625TotalAmt
Program Services$559,775,856ProgramServicesAmt
Management And General$90,485,456ManagementAndGeneralAmt
Fundraising$4,902,313FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY-$215,418BOYAmt
EOY$4,386,639EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$416,531BOYAmt
EOY$87,383EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$19,738,684BOYAmt
EOY$22,738,876EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$18,153,335BOYAmt
EOY$23,194,635EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$48,677BOYAmt
EOY$141,149EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$13,204,636BOYAmt
EOY$12,979,484EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,143,659,278LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$354,368,832LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$813,276,537BOYAmt
EOY$789,290,446EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$207,290,176BOYAmt
EOY$221,333,213EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$285,831,350BOYAmt
EOY$311,835,318EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$1,583,600BOYAmt
EOY$1,420,371EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$336,569,005BOYAmt
EOY$357,305,330EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,695,897,113BOYAmt
EOY$1,744,712,844EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$52,560,042BOYAmt
EOY$50,255,796EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$9,196,370BOYAmt
EOY$8,045,248EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$673,434,588BOYAmt
EOY$647,245,141EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$16,870,846BOYAmt
EOY$74,382,260EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$343,410,649BOYAmt
EOY$343,611,354EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,095,472,495BOYAmt
EOY$1,123,539,799EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$331,191,010BOYAmt
EOY$331,256,871EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$269,233,608BOYAmt
EOY$289,916,174EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$600,424,618BOYAmt
EOY$621,173,045EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,695,897,113BOYAmt
EOY$1,744,712,844EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$24,517,861ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$42,185,434NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments$3,631,296PriorPeriodAdjustmentsAmt
Other Changes In Net Assets-$550,442OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$43,723,946CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$55,910,574CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$35,451,892CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$44,480,582CurrentTaxYearMinus1YearAmt
Current Tax Year$40,239,653CurrentTaxYearAmt
Total$219,806,647TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$43,723,946CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$55,910,574CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$35,451,892CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$44,480,582CurrentTaxYearMinus1YearAmt
Current Tax Year$40,239,653CurrentTaxYearAmt
Total$219,806,647TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$19,776,494SubstantialContributorsTotAmt
Public Support Total170$200,030,153PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$12,659,815CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,359,052CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$18,962,873CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,099,495CurrentTaxYearMinus1YearAmt
Current Tax Year$35,765,406CurrentTaxYearAmt
Total$95,846,641TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

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

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$31,800CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$35,200CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$107,200CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$699,467CurrentTaxYearMinus1YearAmt
Current Tax Year$1,106,960CurrentTaxYearAmt
Total$1,980,627TotalAmt
FieldValueIRS element (for citing)
Total Support$317,706,876TotalSupportAmt
Gross Receipts Rltd Activities$2,612,332,638GrossReceiptsRltdActivitiesAmt
Public Support CY1700.62961PublicSupportCY170Pct
Public Support PY1700.69252PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part II, Line 10 Other IncomeFormAndLineReferenceDesc
ExplanationDESCRIPTION - GROSS INCOME FROM FUNDRAISING EVENTS, COLUMN A - 31800.0, COLUMN B - 35200.0, COLUMN C - 107200.0, COLUMN D - 699467.0, COLUMN E - 1106960.0, COLUMN F - 1980627.0;ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

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

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersfalseVolunteersInd
Paid Staff Or ManagementfalsePaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (true)DirectContactLegislatorsInd
Direct Contact Legislators$4,892DirectContactLegislatorsAmt
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesfalseOtherActivitiesInd
Total Lobbying Expenditures$4,892TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITYFormAndLineReferenceDesc
ExplanationDuring Fiscal Year 2024-2025, The New School directly lobbied the offices of Senators Schumer and Gillibrand and Rep. Goldman to include a Congressionally Directed Spending/Community Project Funding project in the FY26 in the CJS and LaborHHS Ed appropriations bills. The university also advocated for increased funding for the Pell Grant program, and to protect funding for Federal Work Study and Supplemental Educational Opportunity Grant. The university directly lobbied the offices of New York State Senator Kavanagh and New York State Assembly member Glick to support funding for student aid programs in the FY25 New York State budget with the support of two student volunteers. In addition, the university lobbied Senator Kavanagh and Assembly member Glick for capital funding for the Auditorium Renovation project. The University also lobbied Senators Schumer and Gillibrand, and Reps. Goldman and Nadler regarding the unexpected revocation of a major Social Security Administration grant.ExplanationTxt

Schedule D IRS990ScheduleD

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

Collection Used Other Purposes CollectionUsedOtherPurposesGrp

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

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$486,977,081BeginningYearBalanceAmt
Contributions$2,413,622ContributionsAmt
Investment Earnings Or Losses$52,579,240InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,638,381GrantsOrScholarshipsAmt
Other Expenditures$31,320,416OtherExpendituresAmt
End Year Balance$506,011,146EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$449,893,029BeginningYearBalanceAmt
Contributions$2,936,066ContributionsAmt
Investment Earnings Or Losses$51,461,211InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,230,824GrantsOrScholarshipsAmt
Other Expenditures$13,082,401OtherExpendituresAmt
End Year Balance$486,977,081EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$421,753,906BeginningYearBalanceAmt
Contributions$4,393,734ContributionsAmt
Investment Earnings Or Losses$42,827,737InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,611,909GrantsOrScholarshipsAmt
Other Expenditures$14,470,439OtherExpendituresAmt
End Year Balance$449,893,029EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$481,725,942BeginningYearBalanceAmt
Contributions$6,513,907ContributionsAmt
Investment Earnings Or Losses-$46,630,507InvestmentEarningsOrLossesAmt
Grants Or Scholarships$14,269,705GrantsOrScholarshipsAmt
Other Expenditures$5,585,731OtherExpendituresAmt
End Year Balance$421,753,906EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$393,477,034BeginningYearBalanceAmt
Contributions$7,899,447ContributionsAmt
Investment Earnings Or Losses$96,761,887InvestmentEarningsOrLossesAmt
Grants Or Scholarships$12,541,356GrantsOrScholarshipsAmt
Other Expenditures$3,871,070OtherExpendituresAmt
End Year Balance$481,725,942EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.5777BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.2429PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.1794TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$90,218,448OtherCostOrOtherBasisAmt
Book Value$90,218,448BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$911,363,482OtherCostOrOtherBasisAmt
Depreciation$262,814,471DepreciationAmt
Book Value$648,549,011BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$87,366,986OtherCostOrOtherBasisAmt
Depreciation$64,612,439DepreciationAmt
Book Value$22,754,547BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$43,872,557OtherCostOrOtherBasisAmt
Depreciation$26,941,922DepreciationAmt
Book Value$16,930,635BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,837,805OtherCostOrOtherBasisAmt
Book Value$10,837,805BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$789,290,446TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (5 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Closely-held equity interests
Financial derivatives
INVESTMENTS - HEDGE FUNDS$113,958,457F
INVESTMENTS - PRIVATE EQUITY$117,047,242F
INVESTMENTS - REAL ASSETS$80,829,619F
FieldValueIRS element (for citing)
Total Book Value Securities$311,835,318TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
Funds Held By Bond Trustees$55,816,649
Lease Assets$301,488,681
FieldValueIRS element (for citing)
Total Book Value Other Assets$357,305,330TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
Federal Income Taxes
Perkins Loan$496,958
LEASE LIABILITIES$343,114,396
FieldValueIRS element (for citing)
Total Liability$343,611,354TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$495,186,319TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$42,185,434NetUnrealizedGainsInvstAmt
Other Revenue-$164,957,408OtherRevenueAmt
Revenue Not Reported-$122,771,974RevenueNotReportedAmt
Revenue Subtotal$617,958,293RevenueSubtotalAmt
Investment Expenses Not Incld$17,662,964InvestmentExpensesNotIncldAmt
Other Revenues Not Included-$4,975,493OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$12,687,471RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$630,645,764TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$476,946,691TotExpnsEtcAuditedFinclStmtAmt
Losses Reported-$562,023LossesReportedAmt
Other Expenses Included$4,975,493OtherExpensesIncludedAmt
Expenses Not Reported$4,413,470ExpensesNotReportedAmt
Expenses Subtotal$472,533,221ExpensesSubtotalAmt
Investment Expenses Not Incld2$17,661,415InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$164,968,989OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$182,630,404ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$655,163,625TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part V Endowment FundsThe beginning of year balances have been updated to align with the audited financial statements.
Schedule D, Part III, Line 1a Collections of art - financial statement footnoteTHE UNIVERSITY'S ART COLLECTION CONSISTS OF WORKS OF ART, INCLUDING PRINTS, PAINTINGS, PHOTOGRAPHS, AND SCULPTURES THAT ARE HELD FOR THE PURPOSES OF PUBLIC EXHIBITION, EDUCATION, AND RESEARCH. EACH OF THE ITEMS ARE CATALOGED, PRESERVED, AND CARED FOR. ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED BY THE UNIVERSITY'S CURATORS. THE ART COLLECTION, WHICH WAS ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE UNIVERSITY'S INCEPTION, IS NOT RECOGNIZED AS AN ASSET IN THE CONSOLIDATED BALANCE SHEETS. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS EXPENSES AND CONTRIBUTED COLLECTION ITEMS ARE NOT REPORTED AS CONTRIBUTIONS. PROCEEDS FROM SALES ARE REFLECTED AS INCREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS.
Schedule D, Part III, Line 4 Collections of art - description of collectionsTHE MISSION OF THE NEW SCHOOL ART COLLECTION, IN RECOGNITION OF ITS HISTORIC COMMITMENT TO ART AS A VEHICLE FOR SOCIOPOLITICAL CHANGE, IS TO ADVANCE THE IMPORTANCE OF ART AS AN AGENT FOR PERSONAL AND COLLECTIVE TRANSFORMATION. AS A CURRICULAR RESOURCE FOR ALL AREAS OF STUDY, THE ROLE OF THE COLLECTION IS TO CONSERVE, INTERPRET, AND PRESENT WORKS OF ART TO THE STUDENTS, FACULTY, AND GREATER COMMUNITY. NEW ACQUISITIONS SUPPORT THE VISION OF THE UNIVERSITY AS AN ENVIRONMENT FOR INNOVATIVE THINKING AND ARTISTIC EXPERIMENTATION. HISTORY OF THE COLLECTION THE UNIVERSITY'S LEGACY OF SUPPORTING THE FREEDOM OF ARTISTIC EXPRESSION BEGAN IN 1931 WITH THE COMMISSIONING OF TWO HISTORICALLY SIGNIFICANT MURAL CYCLES: JOSE CLEMENTE OROZCO'S A CALL FOR REVOLUTION AND UNIVERSAL BROTHERHOOD, AND THOMAS HART BENTON'S EPIC AMERICA TODAY. OVER THE YEARS, THE UNIVERSITY HAS HOSTED A ROSTER OF ACCOMPLISHED ARTISTS, WRITERS, DANCERS, DESIGNERS, HISTORIANS, SOCIAL SCIENTISTS, AND PHILOSOPHERS, CREATING A FLOURISHING LABORATORY FOR EXPERIMENTATION AND INNOVATION. AS AN INSTITUTION THAT EMBRACED SUCH DIVERSE FIGURES AS POET ROBERT FROST, ANTHROPOLOGIST MARGARET MEADE, ART HISTORIAN MEYER SCHAPIRO, AND COMPOSER/CONCEPTUAL ARTIST JOHN CAGE, THE NEW SCHOOL HAS ALWAYS STOOD AT THE FOREFRONT OF SELF-DISCOVERY AND VISIONARY SOCIAL, INTELLECTUAL, AND AESTHETIC EXPERIMENTATION. THE NEW SCHOOL ART COLLECTION WAS ESTABLISHED IN 1960 WITH A GRANT FROM THE ALBERT A. LIST FOUNDATION. THE COLLECTION, GROWN TO APPROXIMATELY 2,071 POSTWAR AND CONTEMPORARY WORKS OF ART, INCLUDES EXAMPLES IN ALMOST ALL MEDIA BY SOME OF THE MOST INNOVATIVE AND CREATIVE ARTISTS OF OUR TIME. INSTALLED THROUGHOUT THE UNIVERSITY CAMPUS AND TRANSFORMING THE PUBLIC SPACES INTO LIVELY FORUMS FOR EXAMINING CONTEMPORARY ART, THE COLLECTION OFFERS STUDENTS AND FACULTY A RARE OPPORTUNITY TO ENGAGE WITH ART ON A DAILY BASIS, MAKING IT A DISTINCTIVE COMPONENT OF THEIR EDUCATIONAL EXPERIENCE. THE COLLECTION HAS CONTINUED ITS TRADITION OF INCORPORATING SITE-SPECIFIC WORKS INTO ITS PUBLIC SPACES.
Schedule D, Part V, Line 4 Intended uses of endowment fundsTHE UNIVERSITY'S ENDOWMENT IS COMPRISED OF 367 INDIVIDUAL FUNDS AT JUNE 30, 2025, ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING SCHOLARSHIPS, PROFESSORSHIPS, FACULTY DEVELOPMENT, LECTURES, AND RESEARCH PROGRAMS. THE ENDOWMENT CONSISTS OF BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS FUNCTIONING AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE UNIVERSITY'S INDIVIDUAL ENDOWMENT FUNDS ARE POOLED FOR INVESTMENT PURPOSES. THE INVESTMENT PORTFOLIO IS MANAGED TO ACHIEVE A PRUDENT LONG-TERM RETURN. THE UNIVERSITY RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE UNIVERSITY TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACES A GREATER EMPHASIS ON EQUITY-BASED INVESTMENTS TO ACHIEVE ITS LONG-TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. THE ENDOWMENT ASSETS ARE INVESTED TO PROVIDE A REAL TOTAL RETURN THAT PRESERVES THE PURCHASING POWER OF THE ENDOWMENT WHILE GENERATING AN INCOME STREAM TO SUPPORT THE ACADEMIC ACTIVITIES OF THE UNIVERSITY. ACTUAL RETURNS MAY VARY FROM THIS GOAL IN ANY GIVEN YEAR." "THE UNIVERSITY'S ENDOWMENT SPENDING POLICY IS DESIGNED TO PROVIDE A SUSTAINABLE AND PREDICTABLE FLOW OF FUNDS TO SUPPORT ANNUAL OPERATIONS. THE SPENDING POLICY IS INTENDED TO BALANCE CURRENT SPENDING NEEDS AND TO PRESERVE THE ENDOWMENT'S FUTURE PURCHASING POWER. THE UNIVERSITY APPLIES A BOARD SPECIFIED SPENDING RATE TO A MOVING AVERAGE OF ENDOWMENT INVESTMENT FUNDS. THE PURPOSE OF USING A MOVING AVERAGE IS TO SMOOTH OUT ANY WIDE FLUCTUATIONS IN THE MARKET VALUE. ENDOWMENT EARNINGS IN EXCESS OF THE SPENDING RATE ARE ADDED BACK TO THE PRINCIPAL OF THE ENDOWMENT INVESTMENTS. PRIOR TO FISCAL YEAR 2012, THE BOARD SPECIFIED SPENDING RATE WAS 5%. BEGINNING WITH FISCAL YEAR 2012, THE SPENDING RATE WAS REDUCED TO 4% USING A ""SOFT LANDING"" APPROACH. THE FISCAL YEAR 2011 APPROPRIATION WILL BE USED AS THE ANNUAL APPROPRIATION UNTIL THE INVESTMENT PORTFOLIO INCREASES SUFFICIENTLY OVER TIME TO RESULT IN AN EFFECTIVE 4% SPENDING RATE. THEREAFTER, THE 4% SPENDING RATE WOULD BE APPLIED AGAINST THE AVERAGE OF THE PREVIOUS 16 QUARTERS' FAIR VALUE OF THE ENDOWMENT PORTFOLIO. EFFECTIVE FOR FISCAL YEAR 2022 THE BOARD APPROVED A NEW SPENDING POLICY TO ELIMINATE THE SOFT LANDING APPROACH TO ACHIEVE THE 4% SPENDING RATE. INSTEAD, THE BOARD APPROVED A GRADUAL APPROACH TO THE 4% SPENDING POLICY TO BE ACHIEVED OVER A 3 YEAR PERIOD. FOR FISCAL YEAR 2022, ALL ENDOWMENT FUNDS WILL BE APPROPRIATED AT A 5% SPEND RATE. FOR FISCAL YEAR 2023, ALL ENDOWMENT FUNDS WILL BE APPROPRIATED AT A 4.5% SPEND RATE. FOR FISCAL YEAR 2024 ALL ENDOWMENT FUNDS WILL BE APPROPRIATED AT A 4% SPEND RATE. THE BOARD REDUCED THE NUMBER OF PREVIOUS QUARTERS' MARKET VALUES USED TO CALCULATE THE APPROPRIATION FROM 16 TO 12.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteTHE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT FOR ANY UNRELATED BUSINESS INCOME ACTIVITIES. THE UNIVERSITY RECOGNIZES THE EFFECTS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. THE UNIVERSITY EVALUATES, ON AN ANNUAL BASIS, THE EFFECTS OF ANY UNCERTAIN TAX POSITIONS ON ITS CONSOLIDATED FINANCIAL STATEMENTS. THE UNIVERSITY HAS NOT IDENTIFIED OR PROVIDED FOR ANY SUCH POSITIONS AS OF JUNE 30, 2025 AND 2024.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990Scholarships and Stipends - -XXX-XX-XXXX Split Interest - 11581
Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statementsRental Expense - -4296079 Parsons Benefit Expense - -679414
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990Rental Expense - 4296079 Parsons Benefit Expense - 679414
Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statementsScholarships and Stipends - XXX-XX-XXXX

Schedule E IRS990ScheduleE

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

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

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (10 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean01Program ServicesEducation and Research$5,900
Europe (Including Iceland and Greenland)072Program ServicesEducation and Research$9,779,028
Middle East and North Africa011Program ServicesEducation and Research$71,843
North America (Canada & Mexico only)028Program ServicesEducation and Research$659,032
South America010Program ServicesEducation and Research$40,379
South Asia021Program ServicesEducation and Research$83,620
Sub-Saharan Africa09Program ServicesEducation and Research$40,816
East Asia and the Pacific064Program ServicesEducation and Research$859,804
Central America and the Caribbean016Investments$154,860,168
Europe (Including Iceland and Greenland)02Investments$1,529,545
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees234SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee234TotalEmployeeCnt
Subtotal Spent$167,930,135SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$167,930,135TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

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

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Parsons BenefitEvent1Nm
Gross Receipts Event1$1,106,960GrossReceiptsEvent1Amt
Charitable Contri Event1$1,003,960CharitableContriEvent1Amt
Gross Revenue Event1$103,000GrossRevenueEvent1Amt
Rent Facility Costs Event1$59,093RentFacilityCostsEvent1Amt
Food And Beverage Event1$167,711FoodAndBeverageEvent1Amt
Entertainment Event1$427,045EntertainmentEvent1Amt
Other Direct Expenses Event1$25,565OtherDirectExpensesEvent1Amt
Gross Revenue Event2$0GrossRevenueEvent2Amt
Gross Revenue Other Events$0GrossRevenueOtherEventsAmt
Gross Receipts Total$1,106,960GrossReceiptsTotalAmt
Charitable Contributions Tot$1,003,960CharitableContributionsTotAmt
Gross Revenue Total Events$103,000GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$59,093RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$167,711FoodAndBeverageTotalEventsAmt
Entertainment Total Events$427,045EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$25,565OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$679,414DirectExpenseSummaryEventsAmt
Net Income Summary-$576,414NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPS AND AWARDSGrantTypeTxt
Recipient8693RecipientCnt
Cash Grant$168,699,882CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Valuation Method UsedN/AValuationMethodUsedDesc
Non Cash AssistanceN/ANonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2 Procedures for monitoring use of grant fundsFormAndLineReferenceDesc
ExplanationGrants and other assistance awarded to individuals in the U.S. represent student financial aid. Student financial aid awards are determined by the university's assessment of academic achievement, financial need and other similar standards. Student financial services continuously monitors student eligibility for these awards. Student financial services is responsible for regulatory compliance. Student financial services ensures equity by applying all need analysis formulas consistently across the institution's population of student financial aid applicants and provides services that do not discriminate on the basis of race, gender ethnicity, sexual orientation, religion, disability, age, or economic status. The forms of federal financial aid provided to the university's students include: -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 - Federal Emergency Management Agency (FEMA) - Substance Abuse and Mental Health Services Administration (SAMHSA)ExplanationTxt

Schedule J IRS990ScheduleJ

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

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (26 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Joel Towers
President (beginning August 2024)$621,191$0$0$0$37,153$0$57,500$0$44,886$0$760,730$0$0$0
Donna Shalala
Interim President (through July 2024)$458,897$0$0$0$17,599$0$34,500$0$255,389$0$766,385$0$0$0
CRAIG BERNECKER
FACULTY TRUSTEE (through May 2025)$138,289$0$0$0$35,499$0$11,972$0$39,127$0$224,887$0$0$0
Julia Foulkes
FACULTY TRUSTEE (Beginning May 2025)$134,483$0$0$0$1,366$0$14,813$0$45,176$0$195,838$0$0$0
Rhea Alexander
Faculty Trustee (Beginning May 2025)$132,049$0$0$0$3,099$0$11,002$0$40,779$0$186,929$0$0$0
Stephanie Browner
Former Provost/Current Faculty$233,128$0$0$0$53,181$0$23,377$0$15,479$0$325,165$0$0$0
Anne Adriance
SVP for Marketing and Business Development$435,234$0$0$0$17,588$0$34,500$0$48,179$0$535,501$0$0$0
Lin Zhou
SVP and Chief Information Officer (Through September 2024)$246,518$0$0$0$1,869$0$42,148$0$37,135$0$327,670$0$0$0
Jennifer Hobbs
SVP, University Secretary, Chief of Staff$353,678$0$0$0$873$0$36,005$0$17,114$0$407,670$0$0$0
Rene White
Provost & Executive Vice President for Academic Affairs$549,614$0$0$0$106,243$0$34,500$0$45,179$0$735,536$0$0$0
Jonah Nigh
Senior Vice President for Development & Alumni Engagement$219,064$0$0$0$626$0$35,650$0$11,749$0$267,089$0$0$0
Mark Diaz
Interim EVP for Business and Operations (through January 2025)$710,556$0$0$0$75,664$0$72,000$0$45,394$0$903,614$0$0$0
Alex Perez
General Counsel$392,250$0$0$0$884$0$40,600$0$42,964$0$476,698$0$0$0
Loretta Ferrari
Vice President of Finance and Budget & Chief Financial Officer$241,927$0$0$0$0$0$25,375$0$44,490$0$311,792$0$0$0
Joshua Burgher
Former Chief Financial Officer$186,920$0$0$0$415$0$18,692$0$9,893$0$215,920$0$0$0
William Milberg
Full Time Faculty$199,983$0$0$0$2,096$0$19,177$0$44,203$0$265,459$0$0$0
Mary Watson
Full Time Faculty$343,986$0$0$0$23,222$0$55,000$0$4,782$0$426,990$0$0$0
Richard Kessler
Executive Dean$360,640$0$0$0$20,935$0$34,500$0$44,522$0$460,597$0$0$0
Yvonne Watson
Interim Executive Dean, Parsons School of Design$316,641$0$0$0$36,285$0$30,971$0$17,936$0$401,833$0$0$0
Thomas Aleinikoff
Executive Dean$244,382$0$0$0$28,054$0$25,883$0$44,241$0$342,560$0$0$0
Christopher Cox
Executive Dean$273,355$0$0$0$31,873$0$27,705$0$15,242$0$348,175$0$0$0
Rachel Schreiber
Former Dean/Current Faculty$248,661$0$0$0$37,678$0$25,519$0$17,060$0$328,918$0$0$0
Darrick Hamilton
Faculty$380,894$0$0$0$1,172$0$31,622$0$17,150$0$430,838$0$0$0
Joseph Sloan
Executive Director and Dean of Continuing and Professional Education (Through Sept 2024)$239,357$0$73,388$0$22,976$0$25,036$0$553$0$361,310$0$0$0
Robert Mack
Vice Provost Student Success & Engagement$263,520$0$3,000$0$36,623$0$26,400$0$1,674$0$331,217$0$0$0
Ann Stoler
Faculty$230,384$0$0$0$62,460$0$24,803$0$47,346$0$364,993$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1a Housing allowance or residence for personal usePer contractual agreement, the following individuals received a taxable housing allowance as reported on Part II, Column b(iii): - Renee White $100,000 - Mark Diaz $73,076 - Yvonne Watson $33,000 - Mary Watson $18,000 - Thomas Aleinikoff 24,000 - Christopher Cox $30,000 - Stephanie Browner $50,000 - Joel Towers $18,461 - Ann Stoler $60,000 - Robert Mack $36,000 - Rachel Schreiber $36,000
Schedule J, Part I, Line 4a Severance or change-of-control payment- Joseph Sloan: $22,581
Schedule J, Part I, Line 4b Supplemental nonqualified retirement planThe following employees listed on the Form 990, Part VII-A and Schedule J, Part II participated in a supplemental non-qualified retirement plan 457 (f) and received deferred compensation/contributions to the supplemental non-qualified retirement plan: - Donna Shalala $12,655 - Renee White $21,905 - Jennifer Hobbs $1,505 - Annette Adriance $10,767 - Richard Kessler $3,342
Schedule J, Part I, Line 7 Non-fixed paymentsNon-fixed performance bonus payments were provided to the following individuals as reported on Form 990, Part VII-A and Schedule J, Part II, Column(B)(ii): - Robert Mack $3,000 - Joseph Sloan $73,387

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
DORMITORY AUTHORITY OF THE STATE OF NEW YORK
A14600029364990CJH52016-11-15$350,211,770See Statementfalsefalsefalse
DORMITORY AUTHORITY OF THE STATE OF NEW YORK
B14600029365000BLQ92022-03-29$161,423,981See statementfalsefalsefalse
DORMITORY AUTHORITY OF THE STATE OF NEW YORK
C14600029364985SBV42025-04-03$99,893,694see statementfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$15,910,000$350,211,770$1,640,727$67,118,181$281,452,8612016falseYes (true)Yes (true)Yes (true)
B$2,220,000$163,473,574$1,074,166$146,665,977$15,733,4312025Yes (true)falseYes (true)Yes (true)
C$99,893,694$954,834$98,938,8592025Yes (true)falseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndEngage Bond Counsel ResearchEngageBondCounselResearchIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndChange In Use Bond Financed PropChangeInUseBondFinancedPropPctRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalseYes (true)falsefalsefalsefalse0.00.00.0falsefalse0.0728Yes (true)Yes (true)
Bfalsefalsefalsefalsefalsefalse0.00.00.0falsefalse0falseYes (true)
CfalseYes (true)falsefalsefalsefalse0.00.00.0falsefalse0falseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndTerm Of HedgeTermOfHedgePctSuperintegrated HedgeSuperintegratedHedgeIndHedge TerminatedHedgeTerminatedIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndTerm Of GICTermOfGICPctRegulatory Safe Harbor StsfdRegulatorySafeHarborStsfdIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
AfalsefalsefalseYes (true)falsefalse0falsefalsefalse0falsefalseYes (true)
BfalseYes (true)falsefalsefalsefalse0falsefalsefalse0falsefalseYes (true)
CfalseYes (true)falsefalsefalsefalse0falsefalsefalse0falsefalseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

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

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part I, Column (f) BOND AThe 2016A issue financed the acquisition of 34-42 West 14th Street and advanced refunded the series 2010 issue dated 12/08/2010.
Schedule K, Part I, Column (f) BOND BThe 2022A issue will finance the costs of acquisition, renovation, and equipping of a 12-story building located at 318 East 15th Street and refund the 2011 issue dated 10/20/2011.
Schedule K, Part II, Line 11 BOND AThe other spent proceeds are the refunding proceeds of the issue that are no longer in escrow (281,452,861 advanced refunding).
Schedule K, Part II, Line 11 Bond BThe other spent proceeds are the refunding proceeds of the issue that are no longer in escrow (15,733,431.11 current refunding).
Schedule K, Part II, Line 11 Bond CThe other spent proceeds are the refunding proceeds of the issue that are no longer in escrow (98,938,859 current refunding).
Schedule K, Part III, Line 4 Bond AA 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 previous reporting periods, the private business use of a portion of the 2016A bonds proceeds arised from such hold-over tenants and was 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 Bond AIssuer name: DORMITORY AUTHORITY OF THE STATE OF NEW YORK The calculation for computing no rebate due was performed on 8/01/2021 Schedule K, Part II, Line 3, Column B: The total proceeds listed in Part II exceed the issue price of the bonds due to investment proceeds earned on the bonds.
Schedule K, Part IV, Line 2c COLUMN AIssuer name: DORMITORY AUTHORITY OF THE STATE OF NEW YORK The calculation for computing no rebate due was performed on 08/01/2021

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp (2 entries)

Cash GrantCashGrantAmtType Of AssistanceTypeOfAssistanceTxtAssistance PurposeAssistancePurposeTxt
$144,439TuitionStudent Tuition
$72,632ScholarshipsMerit Based

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GFP Real EstateBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship DescriptionAffiliate of TrusteeRelationshipDescriptionTxt
Transaction$9,880,250TransactionAmt
TransactionRental PaymentsTransactionDesc
Sharing Of RevenuesfalseSharingOfRevenuesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule L, Part III Grants or Assistance Benefiting Interested PersonsFormAndLineReferenceDesc
ExplanationPER THE IRS INSTRUCTIONS FOR SCHEDULE L, COLLEGES, UNIVERSITIES, AND PRIMARY AND SECONDARY SCHOOLS ARE NOT REQUIRED TO IDENTIFY INTERESTED PERSONS TO WHOM THEY PROVIDED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE. INSTEAD, THESE ORGANIZATIONS MUST GROUP EACH TYPE OF FINANCIAL ASSISTANCE PROVIDED TO INTERESTED PERSONS ON SEPARATE LINES. FOR EACH LINE, THE SCHOOL SHOULD REPORT IN COLUMN (C), THE AGGREGATE DOLLAR AMOUNT OF EACH TYPE OF ASSISTANCE AND THE TYPE OF ASSISTANCE IN COLUMN (D), AND THE PURPOSE OF THE ASSISTANCE IN COLUMN (E), UNLESS SUCH REPORTING WOULD BE AN UNAUTHORIZED DISCLOSURE OF STUDENT EDUCATION RECORDS UNDER THE FAMILY EDUCATIONAL RIGHTS AND PRIVACY ACT (FERPA). COLUMNS (A) AND (B) SHOULD BE LEFT BLANK FOR THESE LINES.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Contribution23ContributionCnt
Noncash Contributions Rpt F990$878,014NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributionsThe University uses a third party to sell contributions of securities.
Schedule M, Part I Explanations of reporting method for number of contributionsSecurities - Publicly traded - The organization is reporting the number of contributions.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 1 MISSION STATEMENT, CONTINUEDMission - The New School prepares students to understand, contribute to, and succeed in a rapidly changing society, thus making the world a better and more just place. We will ensure that our students develop both the skills that a sound education provides and the competencies essential for success and leadership in the emerging creative economy. We will also lead in generating practical and theoretical knowledge that enables people to better understand our world and improve conditions for local and global communities. Vision - We are and will be a university where design and social research drive approaches to studying issues of our time, such as democracy, urbanization, technological change, economic empowerment, sustainability, migration, and globalization. We will be the preeminent intellectual and creative center for effective engagement in a world that increasingly demands better-designed objects, communication, systems, and organizations to meet social needs. Our vision aligns with shifts in the global economy, society, and environment, which animates our mission and our values: *Creativity, innovation, and a desire to challenge the status quo will affect what and how we teach and the intellectual ambitions of the university itself. *Social engagement should orient students' academic experiences to help them become critically engaged citizens, dedicated to solving problems and contributing to the public good. *The New School must embrace these principles and innovate to address shifts in the global economy, society, and environment that require individuals to grapple with complex problems, pursue more fluid and flexible career pathways, and collaboratively create change. Educational Approach - We will fulfill our mission by extending The New School's legacy as a nontraditional university and community, nimble and responsive to change, that: * Focuses on and engages with critical contemporary issues * Prioritizes humanity and culture in designing systems and environments to improve the human condition, an approach that draws on design thinking and the liberal, creative, and performing arts * Places collaborative, project-based learning at the center of the educational experience * Takes full advantage of our New York City location and connectivity to global urban centers
Form 990, Part III, Line 4a-4c Description of program services(Expenses $ 52,446,000 including grants of $)(Revenue $ 39,451,666) AUXILIARY REVENUE FOR DORMITORIES AND DINING SERVICES
Form 990, Part VI, Line 1a Delegate broad authority to a committeeThere is an executive committee of the Board of trustees. The executive committee convenes between board of trustees meetings and is empowered by the bylaws to transact business and take action on behalf of The New School Board of Trustees, except to grant degrees or to make removals from office. The Executive Committee reviews and approves compensation of The President of the University upon the recommendation of the compensation committee of the Board of Trustees. No individual who will financially benefit from a compensation decision or other decision may be present at or otherwise participate in the deliberation or vote of the Executive Committee. The Executive Committee members include the chair of the Board of Trustees, the vice chairs of the Board of Trustees, the President of the University, and any Trustee who serves as the chair of a Board of Governors for a school or college within the university.
Form 990, Part VI, Line 2 Family/business relationships amongst interested personsRobert Mundheim and Linda Rappaport - Business relationship
Form 990, Part VI, Line 11b Review of form 990 by governing bodyThe audit and risk committee of the board of trustees has been delegated responsibility for reviewing the annual form 990. Following the audit and risk committee review, the 990 is distributed to the full board of trustees prior to its filing.
Form 990, Part VI, Line 12c Conflict of interest policyThe New School's policy on conflicts of interest applies to all Board of Trustee members, the senior management, as well as certain designated staff and faculty.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialTHE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IS COMPRISED OF MEMBERS OF THE EXECUTIVE COMMITTEE SELECTED BY THE CHAIR OF THE BOARD. THE COMPENSATION COMMITTEE REVIEWS AND APPROVES COMPENSATION TERMS, SALARIES, AND CONTRACTS (IF APPROPRIATE), FOR THE DEANS AND OTHER OFFICERS PRIOR TO HIRE AND FOR RENEWALS AND PROMOTIONS. THE COMMITTEE IS CHARGED WITH ASSURING COMPLIANCE WITH INTERMEDIATE SANCTION PROCEDURES AND REQUIREMENTS TO THE EXTENT APPLICABLE TO ANY COMPENSATION. THE COMMITTEE ALSO RECOMMENDS THE COMPENSATION (INCLUDING SALARY, BENEFITS, AND OTHER REMUNERATION) OF THE PRESIDENT OF THE UNIVERSITY TO THE EXECUTIVE COMMITTEE FOR REVIEW AND APPROVAL. FURTHER, THE COMMITTEE IS CHARGED WITH DEVELOPING SALARY AND BENEFITS FOR INCOMING PRESIDENTS AND RENEWAL OF CONTRACTS FOR INCUMBENT PRESIDENTS FOR SUBMISSION TO THE EXECUTIVE COMMITTEE FOR APPROVAL. ADDITIONAL DUTIES OF THE COMPENSATION COMMITTEE INCLUDE REVIEWING COMPENSATION FOR COMPARABLE POSITIONS BENCHMARKED AGAINST PEER GROUPS AND HIRING AN EXECUTIVE COMPENSATION CONSULTANT ON A REGULAR BASIS. THE COMMITTEE ALSO REVIEWS INTERNAL CANDIDATES PROPOSED TO SERVE AS INTERIM DEANS IF NEEDED, AND ANNUALLY REVIEWS THE LIST OF UNIVERSITY EMPLOYEES WHOSE SALARIES CATEGORIZE THEM AS HIGHLY COMPENSATED INDIVIDUALS UNDER IRS PENSION PROVISIONS. ADDITIONAL AUTHORITY AND DUTIES ARE CONFERRED UPON THE COMPENSATION COMMITTEE IN ACCORDANCE WITH THE NEEDS AND INITIATIVES OF THE BOARD OF TRUSTEES. CONTEMPORANEOUS NOTES ARE TAKEN TO DOCUMENT THE PROCESS.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesAs noted above, the compensation committee annually reviews the list of university officers and key employees whose salaries categorize them as highly compensated individuals under IRS pension provisions. The compensation committee last conducted a review and approval of compensation as outlined above in the second quarter of its 2025 fiscal year.
Form 990, Part VI, Line 19 Required documents available to the publicThe University makes its governing documents, conflict of interest policy, Form 990, and Financial Statements available to the public upon request. Also, federal Form 990, which includes financial and other disclosures, is available on Guidestar.
Form 990, Part VIII, Line 11d Other Miscellaneous Revenue- Total Revenue: 2890604, Related or Exempt Function Revenue: 2890604, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;
Form 990, Part XI, Line 9 Other changes in net assets or fund balancesCHANGE IN VALUE OF SPLIT INTEREST - 22347; CHANGE IN POSTRETIREMENT BENEFITS - -10766; LOSS ON UNCOLLECTIBLE PLEDGES - -562023; Total - -550442;

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1ForeignAddress/AddressLine1TxtAddress Line2ForeignAddress/AddressLine2TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndForeign PostalForeignAddress/ForeignPostalCdAddress Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINLegal Domicile StateLegalDomicileStateCd
FREUNDE UND FORDERER VON THE NEW SCHOOL
C/O HH LLP1 POTSDAMER PLATZ 1BERLINGMFACILITATE CONTRIBUTIONSGM501(c)(3)2THE NEW SCHOOLYes (true)
TNS PARSONS
23 RUE DU ROULEPARISFREDUCATION AND RESEARCHFRTHE NEW SCHOOLYes (true)75001
ANATOL SHULKIN MEMORIAL SCHOLARSHIP
AWARDS SCHOLARSHIPS FOR ART & DESIGN501(c)(3)PFTHE NEW SCHOOLYes (true)C/O THE NEW SCHOOL79 FIFTH AVENUE 16TH FLOORNEW YORKNY10003133010477NY

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

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

US Address USAddress

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

Direct Controlling Entity Name DirectControllingEntityName

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

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1TNS Parsons ParisBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeMTransactionTypeTxt
Involved$9,049,241InvolvedAmt
Method Of Amount DeterminationCostMethodOfAmountDeterminationTxt