EIN 13-3297197

The New School

IRS 501(c) type
501(c)(3)
Num. employees
6,201
Year formed
1919
Most recent tax filings
2022-06-01
Description
The New School is a private non-profit research university centered in Manhattan, New York City. 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.
Total revenues
$625,459,245
2022
Total expenses
$627,131,831
2022
Total assets
$1,709,557,575
2022
Num. employees
6,201
2022

Program areas at The New School

Academic program: The university's academic program is composed of instructional, research, and public service activities. The university awards baccalaureate, masters, and doctoral degrees. In academic year 2021-2022 it enrolled 11,385 degree students and 4,684 non-degree students. The university's research and public service activities enable faculty to explore New areas of education, learning and knowledge and provides non-instructional services to individuals and groups external to The university.
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.
Scholarship and financial aid: The New School seeks to make its education as affordable as possible by offering financial support to students based on financial need, academic achievement, and other qualifications through scholarships and work study programs, which are funded by institutional funds and federal, state and private grants. In academic year 2021-2022, 9058 students received institutional scholarships and 9,084 students received at least one form of institutional or public scholarships, grants, loans, or work study awards.
Auxiliary revenue for dormitories and dining services

Who funds The New School

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Arnhold FoundationGeneral Fund$3,183,000
Andrew W. Mellon FoundationTo Establish A Postdoctoral Fellowship Program To Promote the Hiring of Scholars Who Would Enhance Diversity Among Faculty in the Humanities$2,500,000
Waverley Street FoundationTishman Environment and Design Center$2,000,000
...and 116 more grants received totalling $17,337,025
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$59,656,328
Department of EducationEDUCATION STABILIZATION FUND$7,773,810
Department of EducationFEDERAL PELL GRANT PROGRAM$6,209,768
...and 24 more federal grants / contracts

Personnel at The New School

NameTitleCompensation
Sheila C. JohnsonFounder and Chief Executive Officer$0
Tokumbo ShobowaleChief Operating Officer
Lin ZhouSenior Vice President and Chief Information Officer$277,544
Jennifer HobbsSenior Vice President of Administration and Chief of Staff / Senior Vice President , Administration and Chief of Staff / Senior Vice President for Administration and Chief of Staff$289,246
Olatokumbo ShobowaleExecutive Vice President of Business Operations / Chief Operating Officer$604,440
...and 38 more key personnel

Financials for The New School

RevenuesFYE 06/2022
Total grants, contributions, etc.$55,910,574
Program services$551,351,895
Investment income and dividends$78,535
Tax-exempt bond proceeds$71,747
Royalty revenue$0
Net rental income$11,787,977
Net gain from sale of non-inventory assets$4,910,307
Net income from fundraising events$-742,590
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,090,800
Total revenues$625,459,245

Form 990s for The New School

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2020-062021-05-25990View PDF
2019-062021-01-28990View PDF
2018-062019-07-23990View PDF
2017-062018-07-18990View PDF
...and 6 more Form 990s

Organizations like The New School

OrganizationLocationRevenue
Rensselaer Polytechnic Institute (RPI)Troy, NY$703,187,253
University of TulsaTulsa, OK$346,906,577
Creighton UniversityOmaha, NE$724,571,922
Drake UniversityDes Moines, IA$252,974,293
Saint Johns University (SJU)Jamaica, NY$798,473,536
Santa Clara University (SCU)Santa Clara, CA$737,403,416
Pace UniversityNew York, NY$627,806,353
Syracuse University (SU)Syracuse, NY$1,729,445,030
Sacred Heart University (SHU)Fairfield, CT$476,875,710
Rochester Institute of Technology (RIT)Rochester, NY$1,071,324,345
Data update history
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 13, 2023
Used new vendors
Identified 6 new vendors, including , , , , , and
July 3, 2023
Updated personnel
Identified 3 new personnel
May 20, 2023
Updated personnel
Identified 5 new personnel
May 12, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
LobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donations
General information
Address
66 W 12th St
New York, NY 10011
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
newschool.edu/ 
Phone
(212) 229-5600
Facebook page
thenewschool 
Twitter profile
@thenewschool 
IRS details
EIN
13-3297197
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1919
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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