The New Press Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 2,698,766 | 2,592,125 | 106,641 | 4.9 | 39% |
| 2011 | 4,847,144 | 3,036,311 | 1,810,833 | 11.3 | 41% |
| 2012 | 5,142,523 | 3,590,731 | 1,551,792 | 14.8 | 40% |
| 2013 | 3,733,803 | 3,906,010 | −172,207 | 13.0 | 40% |
| 2014 | 3,971,311 | 3,991,940 | −20,629 | 12.7 | 44% |
| 2015 | 4,145,237 | 4,333,828 | −188,591 | 11.2 | 42% |
| 2016 | 5,053,874 | 4,869,571 | 184,303 | 10.4 | 38% |
| 2017 | 5,186,577 | 5,263,236 | −76,659 | 9.4 | 40% |
| 2018 | 4,540,643 | 4,553,826 | −13,183 | 10.9 | 47% |
| 2019 | 4,341,781 | 4,720,769 | −378,988 | 9.5 | 45% |
| 2020 | 7,440,910 | 4,865,716 | 2,575,194 | 15.6 | 44% |
| 2021 | 7,017,448 | 5,091,191 | 1,926,257 | 19.5 | 46% |
| 2022 | 5,201,397 | 5,045,167 | 156,230 | 19.4 | 48% |
| 2023 | 3,159,981 | 5,640,309 | −2,480,328 | 11.2 | 45% |
In its most recent public year (2023), this organization spent $2,480,328 more than it brought in. Its reserves stood at about 11.2 months of spending, up from 4.9 in 2010. Staff pay was 45% of spending. $1,433,022 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
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