The New School

The New School Overview

The New School is located in New York, NY. The organization was established in 1986. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2020, New School employed 7,863 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, New School generated $559.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $579.3m during the year ending 06/2020. While expenses have increased by 4.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

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.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACADEMIC PROGRAM: THE UNIVERSITY'S ACADEMIC PROGRAM IS COMPOSED OF INSTRUCTIONAL, RESEARCH, AND PUBLIC SERVICE ACTIVITIES. THE UNIVERSITY AWARDS BACCALAUREATE, MASTERS, AND DOCTORAL DEGREES. IN ACADEMIC YEAR 2019-2020 IT ENROLLED 11,058 DEGREE STUDENTS AND 5,603 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.


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 2019-2020, 8,963 STUDENTS RECEIVED INSTITUTIONAL SCHOLARSHIPS AND 9,164 STUDENTS RECEIVED AT LEAST ONE FORM OF INSTITUTIONAL OR PUBLIC SCHOLARSHIPS, GRANTS, LOANS, OR WORK STUDY AWARDS.


EDUCATIONAL SUPPORT: THE UNIVERSITY'S EDUCATIONAL SUPPORT PROGRAM IS COMPOSED OF ACADEMIC SUPPORT AND STUDENT SERVICES. ACADEMIC SUPPORT PROVIDES SUPPORT SERVICES, SUCH AS LIBRARIES, ACADEMIC TECHNOLOGY, AND FACULTY AND CURRICULUM DEVELOPMENT, FOR ITS PRIMARY MISSIONS OF INSTRUCTION, RESEARCH AND PUBLIC SERVICE. STUDENT SERVICES PROVIDE VARIOUS SERVICES TO STUDENTS, WHICH CONTRIBUTE TO THE STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND TO THEIR INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE THE CONTEXT OF THE UNIVERSITY'S FORMAL INSTRUCTIONAL PROGRAMS.


AUXILIARY REVENUE FOR DORMITORIES, DINING SERVICES, AND HEALTH SERVICES.


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The New School Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0

The New School Vendors

Vendor Name (Service)Compensation
East End Advisors Llc
Contractual Services
$1,849,601
Knotel Inc
Contractual Services
$1,597,531
Qwest Contracting Corp
Contractual Services
$2,462,053
Compass Group Usa Inc
Contractual Services
$4,708,329
Arthur J Gallagher Risk Management Services Inc
Contractual Services
$1,623,240
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,253,129
Related organizations$0
Government grants $9,034,775
All other contributions, gifts, grants, and similar amounts not included above$21,578,545
Noncash contributions included in lines 1a–1f $3,416,291
Total Revenue from Contributions, Gifts, Grants & Similar$31,866,449
Total Program Service Revenue$508,118,962
Investment income $1,008,931
Tax Exempt Bond Proceeds $283,992
Royalties $0
Net Rental Income $15,106,445
Net Gain/Loss on Asset Sales $547,515
Net Income from Fundraising Events -$181,709
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $558,997,855

The New School Grants Recieved

Over the last fiscal year, we have identified 9 grants that The New School has recieved totaling $212,316.

Awarding OrganizationAmount
Jean And Louis Dreyfus Foundation Inc

New York, NY

PURPOSE: EDUCATION AND YOUTH

$70,000
Jean And Louis Dreyfus Foundation Inc

New York, NY

PURPOSE: EDUCATION AND YOUTH

$70,000
Daniels Fund

Denver, CO

PURPOSE: SCHOLARSHIPS

$24,516
Jewish Communal Fund

New York, NY

PURPOSE: General support

$12,650
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$12,400
The Newcomb-Hargraves Foundation

Lyme, CT

PURPOSE: EDUCATIONAL PURPOSES

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$399,256,394
Earnings$4,006,730
Net Contributions$6,440,704
Other Expense$3,655,993
Grants$12,570,801
Ending Balance$393,477,034

The New School Peer Organizations

Organization NameAssets
Fordham University
Bronx, NY
$936,054,028
Rochester Institute Of Technology
Rochester, NY
$849,584,640
St Johns University New York
Jamaica, NY
$810,687,746
Rensselaer Polytechnic Institute
Troy, NY
$653,047,178
Villanova University
Villanova, PA
$644,725,997
The New School
New York, NY
$558,997,855
Hofstra University
Hempstead, NY
$592,927,157
Rockefeller University
New York, NY
$455,447,251
Lehigh University
Bethlehem, PA
$506,773,429
American University Of Beirut
New York, NY
$608,300,843
Brandeis University
Waltham, MA
$457,392,877
Seton Hall University
South Orange, NJ
$456,494,000

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