The New School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 388,609,977 | 381,932,073 | 6,677,904 | 13.6 | 39% |
| 2012 | 405,882,935 | 396,534,327 | 9,348,608 | 13.0 | 38% |
| 2013 | 401,992,912 | 397,750,597 | 4,242,315 | 13.3 | 36% |
| 2014 | 507,816,560 | 426,642,415 | 81,174,145 | 14.6 | 37% |
| 2015 | 495,933,771 | 459,936,766 | 35,997,005 | 14.1 | 35% |
| 2017 | 507,119,252 | 503,717,147 | 3,402,105 | 12.6 | 35% |
| 2018 | 530,009,657 | 540,953,826 | −10,944,169 | 12.2 | 34% |
| 2019 | 562,838,419 | 558,991,385 | 3,847,034 | 12.4 | 34% |
| 2020 | 558,997,855 | 579,311,739 | −20,313,884 | 11.7 | 34% |
| 2021 | 468,399,427 | 539,301,555 | −70,902,128 | 13.2 | 32% |
| 2022 | 625,459,245 | 627,131,831 | −1,672,586 | 10.7 | 32% |
| 2023 | 602,901,362 | 613,832,450 | −10,931,088 | 11.5 | 33% |
In its most recent public year (2023), this organization spent $10,931,088 more than it brought in. Its reserves stood at about 11.5 months of spending, down from 13.6 in 2011. Staff pay was 33% of spending. $248,849,049 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
The New School's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works