Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1972.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
83 cents of each dollar spent went to programs.
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
17 people listed on the 990; $490K paid to officers and key staff.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Nancy Lang | $402,985 | $414,308 | $357,101 | $342,410 | $342,283 | $137,500 |
| Susan Groesbeck | — | — | — | — | — | $221,537 |
| Erin Goerke | $144,086 | $137,276 | $132,761 | $130,970 | $125,251 | $115,059 |
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.
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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 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Inspires learning and empowers students for academic achievement, creativity, and citizenship.
Questions for The New School
Your first name shows with your question. The New School answers here, for everyone.
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Provide schooling for pre-school through high-school aged children.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $7.4M | $5.5M |
| InvestmentsLn 11–13 | $1.5M | $1.6M |
| Land, buildings, equipmentLn 10c | $27.6M | $26.6M |
| Total assetsLn 16 | $37.2M | $34.1M |
| LiabilitiesLn 26 | $23.7M | $23.5M |
| Net assetsLn 32 | $13.5M | $10.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $604K | $445K | $159K | |
| Pay of disqualified personsLn 6 | $4.5M | $3.9M | $602K | |
| Other employee benefitsLn 9 | $427K | $381K | $46K | |
| Payroll taxesLn 10 | $347K | $308K | $39K | |
| Legal feesLn 11b | $15K | $15K | ||
| Accounting feesLn 11c | $44K | $44K | ||
| Investment management feesLn 11f | $39K | $20K | $1K | $17K |
| Other fees for servicesLn 11g | $169K | $107K | $62K | |
| Advertising and promotionLn 12 | $64K | $53K | $11K | |
| Information technologyLn 14 | $37K | $37K | ||
| OccupancyLn 16 | $373K | $298K | $75K | |
| InterestLn 20 | $1.1M | $1.1M | ||
| Depreciation, depletion and amortizationLn 22 | $1.0M | $838K | $210K | |
| InsuranceLn 23 | $113K | $82K | $31K | |
| Other expenses (24a–d)Ln 24 | $1.1M | $835K | $215K | $541 |
| All other expensesLn 24e | $372K | $253K | $85K | $34K |
| Total functional expensesLn 25 | $10.3M | $8.5M | $1.7M | $64K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $11.1M | $11.4M | −$335K | $9.5M | 990 PDF |
| FY2024 | $9.9M | $10.8M | −$884K | $9.8M | 990 PDF |
| FY2023 Viewing | $7.2M | $10.3M | −$3.1M | $10.6M | 990 PDF |
| FY2022 | $6.7M | $9.2M | −$2.5M | $13.5M | 990 PDF |
| FY2021 | $6.4M | $8.9M | −$2.5M | $16.3M | 990 PDF |
| FY2020 | $7.0M | $9.2M | −$2.2M | $18.7M | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $7,197,573 revenue, 12 lines filed
Part VI · Governance 15 of 15 board members independent, no flags
Part VIII · Statement of revenue $7,197,573 across 9 lines filed
Part IX · Statement of functional expenses $10,259,650 across 16 lines filed
Part X · Balance sheet $34,055,178 assets, 17 lines filed
Part XI · Reconciliation of net assets $10,565,177 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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