The New School is a democratic high school that empowers students to reach for the best in themselves, to love learning, and to become responsible stewards of our world.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
$46K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $29K a year · 6% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$46K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
1 mo
of spending, in cash
Plus $169K in investments, Pt X · Ln 11–13
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $12K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$547K
89% of total assets
Concern: liabilities are 89% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$622K
-2% vs prior year
Spent
$634K
To programs
76%
Net assets
$71K
By yearFY2021–FY2025
Revenue
$622K
FY2024▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2021$400K
FY2022$541K
FY2023$631K
FY2024$622K
FY2025$426K
Expenses
$634K
FY2024▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2021$441K
FY2022$512K
FY2023$673K
FY2024$634K
FY2025$505K
Net assets
$71K
FY2024▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2021$93K
FY2022$101K
FY2023$73K
FY2024$71K
FY2025−$4K

From the FY2024 Form 990 (year ending June 2024) · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $483K Management & general 14% · $91K Fundraising 10% · $61K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $46K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$45,540Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Christine Knowles’s $43K as Executive Director is at the 34th percentile of top reported officer pay among 1612 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022
Scott Hamann——$56,923$38,462
Christine Knowles$43,031$45,540——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The New School executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers a democratic, self-directed high school education empowering students to lead their learning.

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Provided by the organization

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1 program · $483K · in their own filed words · FY2023
01

Alternative education at the high school level for 30-40 students per year.

$483Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$12K
Grants paid · 1 grant · $16K · 2020–2020
Unitemized GrantFY2020$15,580

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$622K
Ln 12
Fees for servicesLn 2g$373K
Gifts and grantsLn 1h$126K
Other incomeLn 4–11$119K
Money outPt IX
$634K
Ln 25
Programscol B$483K
Managementcol C$91K
Fundraisingcol D$61K
Owns and owesPt X
$71K
net assets · Ln 32
Cash and savingsLn 1–2$75K
Total assetsLn 16$618K
LiabilitiesLn 26$547K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$126K
Government grantsLn 1e$38K
Noncash giftsLn 1g$5K
Fundraising eventsLn 1c$9K
Fees for servicesLn 2g$373K
Investment incomeLn 3$3K
Other incomeLn 4–11$119K
Total revenueLn 12$622K
Assets in detailPt X, end of year
CashLn 1$22K
SavingsLn 2$53K
Cash and savings togetherLn 1–2$75K
InvestmentsLn 11–13$169K
Land, buildings, equipmentLn 10c$314K
Other assetsLn 15$46K
Total assetsLn 16$618K
LiabilitiesLn 26$547K
Net assetsLn 32$71K
OperationsPt I, VI
EmployeesI 521
VolunteersI 640
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$102K$75K
InvestmentsLn 11–13$155K$169K
Land, buildings, equipmentLn 10c$341K$314K
Total assetsLn 16$686K$618K
LiabilitiesLn 26$613K$547K
Net assetsLn 32$73K$71K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$46K$31K$8K$7K
Other salaries and wagesLn 7$338K$228K$60K$51K
Other employee benefitsLn 9$7K$6K$687$575
Payroll taxesLn 10$35K$29K$4K$3K
Legal feesLn 11b$608$608
Accounting feesLn 11c$6K$6K
Other fees for servicesLn 11g$2K$2K
Advertising and promotionLn 12$8K$8K
Information technologyLn 14$2K$2K
OccupancyLn 16$10K$10K
TravelLn 17$3K$3K
InterestLn 20$19K$19K
Depreciation, depletion and amortizationLn 22$28K$28K
InsuranceLn 23$19K$19K
Other expenses (24a–d)Ln 24$106K$88K$18K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$634K$483K$91K$61K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $426K$505K−$79K−$4K 990 PDF
FY2024 Viewing $622K$634K−$13K$71K 990 PDF
FY2023 $631K$673K−$42K$73K 990 PDF
FY2022 $541K$512K$28K$101K 990 PDF
FY2021 $400K$441K−$41K$93K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $621,790 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $151,964$126,280
I-9 Program service revenuePrior year $376,804$373,423
I-10 Investment incomePrior year $3,386$3,265
I-11 Other revenuePrior year $99,240$118,822
I-12 Total revenuePrior year $631,394$621,790
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $423,420$426,205
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $249,589$208,181
I-18 Total expensesPrior year $673,009$634,386
I-19 Revenue less expensesPrior year −$41,615−$12,596
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $621,790 across 10 lines filed
Lines not itemized here account for $115,973 of total revenue; see the IRS return.
VIII-1c Fundraising events$8,674
VIII-1e Government grants$37,500
VIII-1f All other contributions, gifts and grants$80,106
VIII-1g Noncash contributions (included above)$4,740
VIII-1h Total contributions, gifts and grants$126,280
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $373,423$373,423
VIII-3 Investment incomeExcluded from tax $3,265$3,265
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,849$2,849
VIII-12 Total revenueRelated to mission $492,245 · Unrelated business $0 · Excluded from tax $3,265$621,790
Part IX · Statement of functional expenses $634,386 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $30,616 · Management $8,122 · Fundraising $6,802$45,540
IX-7 Other salaries and wagesPrograms $227,572 · Management $60,368 · Fundraising $50,560$338,500
IX-9 Other employee benefitsPrograms $5,636 · Management $687 · Fundraising $575$6,898
IX-10 Payroll taxesPrograms $28,813 · Management $3,512 · Fundraising $2,942$35,267
IX-11b Legal feesPrograms $608$608
IX-11c Accounting feesPrograms $6,221$6,221
IX-11g Other fees for servicesPrograms $2,482$2,482
IX-12 Advertising and promotionPrograms $7,877$7,877
IX-14 Information technologyPrograms $2,489$2,489
IX-16 OccupancyPrograms $9,946$9,946
IX-17 TravelPrograms $3,295$3,295
IX-20 InterestPrograms $19,423$19,423
IX-22 Depreciation, depletion and amortizationPrograms $27,708$27,708
IX-23 InsurancePrograms $19,460$19,460
IX-24 Other expenses (24a–d)Programs $87,968 · Management $18,212$106,180
IX-24e All other expensesPrograms $2,492$2,492
IX-25 Total functional expensesPrograms $482,606 · Management $90,901 · Fundraising $60,879$634,386
Part X · Balance sheet $617,821 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $934$21,985
X-2 Savings and temporary cash investmentsStart of year $100,819$52,857
X-4 Accounts receivableStart of year $9,043$1,414
X-8 Inventories for sale or useStart of year $10,000$10,000
X-9 Prepaid expenses and deferred chargesStart of year $1,948$2,718
X-10c Land, buildings and equipment, netStart of year $340,582$314,374
X-11 Publicly traded securitiesStart of year $154,933$168,932
X-15 Other assetsStart of year $67,504$45,541
X-16 Total assetsStart of year $685,763$617,821
X-17 Accounts payable and accrued expensesStart of year $53,812$23,163
X-25 Other liabilitiesStart of year $68,194$46,465
X-26 Total liabilitiesStart of year $613,091$546,983
X-27 Net assets without donor restrictionsStart of year −$127,778−$77,740
X-28 Net assets with donor restrictionsStart of year $200,450$148,578
X-32 Total net assets or fund balancesStart of year $72,672$70,838
X-33 Total liabilities and net assetsStart of year $685,763$617,821
Part XI · Reconciliation of net assets $70,838 net assets at year end
XI-1 Total revenue$621,790
XI-2 Total expenses$634,386
XI-3 Revenue less expenses−$12,596
XI-4 Net assets at start of year$72,672
XI-5 Net unrealized gains (losses) on investments$10,762
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$70,838

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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