The New School

Education organization based in New York, NY. 7,927 employees. Exempt under §501(c)(3).

MissionTHE NEW SCHOOL'S MISSION IS TO PREPARE OUR STUDENTS TO UNDERSTAND, CONTRIBUTE TO, AND SUCCEED IN A RAPIDLY CHANGING SOCIETY, AND THUS MAKE THE WORLD A BETTER AND MORE JUST PLACE. (Continued on Schedule O)

EIN
13-3297197
State
NY
Sector
Education
Budget band
$50M+
Latest filing
TY 2023
Records
19 officers · 5 years

Financial snapshot · TY 2023

$588.1M
Total revenue
$639.4M
Total expenses
$1.7B
Net assets

Financial health · TY 2023

57
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
35
6.2 months of expenses
Program efficiency
91
86.5% spent on programs
Revenue diversity
31
Mix of program fees, grants & contributions

Leadership compensation

Rene White
Provost & Executive Vice President for Academic Affairs
$712,156
96th percentile vs. peers
Jonah Nigh
Senior Vice President for Development & Alumni Engagement
$502,018
96th percentile vs. peers
Richard Kessler
Executive Dean
$469,055
96th percentile vs. peers
Olatokumbo Shobowale
Executive VP of Business Operations (through Sept 2023)
$465,399
96th percentile vs. peers
$451,884
92th percentile vs. peers

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The New School Executive Compensation | 990 Data | DoubleNine