Overview
What is The New School?
The New School, located at 66 West 12th Street, New York, NY 10011, is a renowned academic institution with a mission to prepare students for a rapidly changing society and contribute to a better world. With a diverse student body of 15,969, including 11,385 degree students and 4,684 non-degree students, the university offers instruction, research, and public service activities. Academically, it grants baccalaureate, masters, and doctoral degrees. The research and public service activities foster faculty exploration and provides non-instructional services to external individuals and groups. The New School's commitment to academic freedom, tolerance, and experimentation has driven its success since its inception.
Official website here: www.newschool.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Stars)
The New School has received a Three-Star rating from Charity Navigator, reflecting an overall score of 84%. The rating is based entirely on accountability and finance, indicating a strong focus on transparency and governance. Notably, the organization boasts a high percentage of independent board members and has robust policies in place for conflict of interest, whistleblower protection, and document retention.
Strengths of The New School include a solid financial oversight structure, evidenced by their audit committee and the absence of any material diversions of assets. The organization allocates a significant portion of its expenses to programs, which suggests a commitment to its educational mission. However, the liabilities to assets ratio indicates some financial risk, as it stands at 65.41%, which could be a concern for potential donors.
While the salaries of key individuals are relatively high, they are consistent with leadership roles in higher education institutions. Overall, The New School demonstrates a strong commitment to accountability, though potential financial risks may warrant further investigation by stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The New School legitimate?
The New School is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New School submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $9,886,744
Professional Fundraising Fees: $0
Other Salaries and Wages: $189,903,802
For more financial information, click here
Official website here: www.newschool.edu
What is the mission statement of The New School?
The New School's mission is geared towards preparing students to thrive in a rapidly evolving society and contribute to making the world a better and more just place. Rooted in academic freedom, tolerance, and experimentation, this institution's past defining qualities will shape its future. The academic program at The New School consists of instructional, research, and public service activities. It offers baccalaureate, masters, and doctoral degrees and enrolled 11,385 degree students and 4,684 non-degree students in the academic year 2021-2022. Faculty research and public service activities enable the exploration of new educational, learning, and knowledge areas and provide non-instructional services to individuals and groups external to the university.
Official website here: www.newschool.edu
Who is the CEO of The New School?
Unavailable
Official website here: www.newschool.edu
What is the revenue of The New School?
The New School's revenue in 2022 was $625,459,245.
Official website here: www.newschool.edu
Who are the executives of The New School and what are their salaries?
The average compensation at The New School during 2022 was $32,219. There are 6201 employees and 109 volunteers at The New School.
Here are 54 key members and their salaries:
- Compensation: $815,044
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- Other: $604,206
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- Compensation: $479,593
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- Other: $61,591
- Compensation: $289,246
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- Other: $54,117
- Compensation: $479,236
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- Other: $20,057
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- Other: $15,155
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- Other: $27,247
- Compensation: $604,440
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- Other: $25,960
- Compensation: $252,210
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- Other: $16,001
- Compensation: $259,417
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- Other: $28,200
- Compensation: $295,280
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- Other: $19,527
- Compensation: $326,107
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- Other: $31,941
- Compensation: $550,928
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- Other: $38,400
- Compensation: $279,880
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- Other: $55,808
- Compensation: $318,204
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- Other: $50,636
- Compensation: $345,220
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- Other: $53,868
- Compensation: $320,414
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- Other: $27,770
- Compensation: $316,549
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- Other: $31,020
- Compensation: $316,742
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- Other: $31,075
- Compensation: $262,026
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- Other: $54,235
- Compensation: $301,703
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- Other: $512
- Compensation: $254,799
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- Other: $28,028
- Compensation: $258,018
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- Other: $49,951
- Compensation: $325,047
- Related: $0
- Other: $55,695
Official website here: www.newschool.edu
Where can I find the form 990 for The New School?
The New School's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newschool.edu
Learn more at the official website: www.newschool.edu
Mission Statement of The New School
The New School, a renowned institution, is dedicated to preparing its students to adapt and thrive in a rapidly evolving society. By imparting the necessary skills and knowledge, this organization aspires to create a better and more just world.
Born out of a commitment to academic freedom, tolerance, and experimentation, The New School has continuously shaped its future by upholding these defining qualities. Its academic program encompasses instruction, research, and public service activities, culminating in the granting of baccalaureate, masters, and doctoral degrees. In the academic year 2021-2022, the university welcomed 11,385 degree students and 4,684 non-degree students. The institution's research and public service activities serve as catalysts for faculty to delve into new realms of education, learning, and knowledge, while providing essential services to individuals and groups external to the university.
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Impact
October, 2024
The New School plays a pivotal role in shaping a more equitable and informed society by equipping students with the skills and knowledge necessary to navigate and contribute positively to a rapidly evolving world. With a diverse student body of over 16,000, including both degree-seeking and non-degree students, it fosters an inclusive environment that encourages academic exploration and critical thinking.
Through a rich academic program that spans baccalaureate, master's, and doctoral degrees, The New School emphasizes interdisciplinary learning, creative problem-solving, and social engagement. Its commitment to research and public service allows faculty and students to address pressing societal challenges, promoting a culture of innovation and community involvement.
Born from the values of academic freedom, tolerance, and experimentation, The New School not only prepares individuals for personal success but also inspires them to become proactive contributors to their communities. This dedication to social justice and betterment makes it a significant catalyst for change, influencing the lives of students and the broader society alike.
This information is meant to be a general summary of The New School. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,060,589
- Program Service Revenue: $551,351,895
- Gross Receipts: $917,208,173
Assets and Liabilities:
- Total Assets: $1,709,557,575
- Total Liabilities: $1,152,338,742
- Net Assets: $557,218,833
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$498,694,779
AUX ENTERPRISE REV
Revenue
$48,305,010
COMMERCIAL CONTRACTS
Revenue
$4,114,618
SVC OF EDUCATIONAL DEPT
Revenue
$237,488
Organization Details
Founding Year
1919
Phone
(646) 909-3667Main Address
66 West 12th Street, New York, NY, 10011
Website
www.newschool.eduNTEE Category
Code: B430 - Education
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