The New School

New York, NY, 10011 (646) 909-3667 Est. 1919 EIN 13-3297197

B430 - Education 990 - Public charity return 501(c)(3)

www.newschool.edu

Mission

THE NEW SCHOOL'S MISSION IS TO PREPARE OUR STUDENTS TO UNDERSTAND, CONTRIBUTE TO, AND SUCCEED IN A RAPIDLY CHANGING SOCIETY, AND THUS MAKE THE WORLD A BETTER AND MORE JUST PLACE. (Continued on Schedule O)

Financials

Total Revenue

$630,645,764

Total Expenses

$655,163,625

Net Assets

$621,173,045

6,964 employees 187 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

11.4 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 7.2%

Expenses ↑ 2.5%

Revenue Sources

Contributions 6.4% Earned revenue 84.5% Investment 7.3% Other 2.0%

Expense Breakdown

Program 85.4% Management 13.8% Fundraising 0.7%

Officers & Key Employees (60)

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Grants Received (696)

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Filing History (7 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$630,645,764 ↑	$655,163,625	$621,173,045
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$602,901,362 ↓	$613,832,450	$590,189,963
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$625,459,245 ↑	$627,131,831	$557,218,833
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$468,399,427 ↓	$539,301,555	$593,139,700
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$558,997,855 ↓	$579,311,739	$564,611,811
2018 990 - Public charity return Jul 1, 2018 to Jun 30, 2019	$562,838,419 ↑	$558,991,385	$578,544,006
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$530,009,657	$540,953,826	$551,801,785