Nonprofit screen
Screen a listThe New School
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- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Not current
- Charity type
- 509(a)(1)
$631Mrevenue
FY2025 · +1% in 3 yrs6,964staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−3.9%
Months of reserve0.1mo
Revenue growth (annualized)+2.8%
Middle half of peersMedianNew School
Where the money goes FY2025 · $655M spent
Programs$560M85%Management and general$90M14%Fundraising$4.9M1%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$11M in FY2023, −$51M in FY2024 and −$25M in FY2025. Cash covers 0.1 months, under the peer median of 1.8.
990 Part I and balance sheetIn its favor2
Strong governance
28 of 31 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 9 of its 9 returns, 1% of revenue in FY2025. $38M is traced federal awards from Department of Education.
990 Part VIII · USAspending334funders
$21Ma year, last 3 years
14%from its largest funder
Funder’17’18’19’20’21’22’23Freedom Together FoundationEvery year since FY2017$2.5M$2.6M$2.5M$2.6M$2.7M$2.7M$3.4MThe Andrew W Mellon FoundationEvery year since FY2017$1.0M$70k$855k$3.2M$3.0M$730k$800kArnhold Foundation IncEvery year since FY2017$456k$295k$1.0M$508k$3.2M$3.1M$600kWaverley Street FoundationSince FY2021$2.0M$2.0M$2.0MThe Kresge FoundationSince FY2019$150k$455k$659k$755k$977kNorthlight Foundation IncSince FY2018$150k$248k$585k$624k$388k$600kDonor-advised giftsDonors not disclosed$143k$1.8M$1.3M$1.6M$1.7M$1.8M$6.6M236 other fundersUp to $1.4M a year each$4.2M$4.1M$2.7M$4.5M$7.8M$7.9M$7.4M
FundedThrough a donor-advised fund