The New School
New York, NY · EIN 13-3297197 · Education · Rank 1,063 by total revenue
The 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.
Money, Form 990 for tax year 2024
- Total revenue
- $630,645,764
- Total expenses
- $655,163,625
- Total assets
- $1,744,712,844
- Salary base (all salaries and wages)
- $220,101,261
- Salaries, other pay and benefits
- $296,465,228
- Employees
- 6,964
- Salary base per employee
- $31,606
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (53)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Mark Diaz | Interim EVP for Business and Operations (through January 2025) | Officer | 40 | $903,614 |
| Donna Shalala | Interim President (through July 2024) | Board, Officer | 60 | $766,385 |
| Joel Towers | President (beginning August 2024) | Board, Officer | 60 | $760,730 |
| Rene White | Provost & Executive Vice President for Academic Affairs | Officer | 40 | $735,536 |
| Anne Adriance | SVP for Marketing and Business Development | Officer | 40 | $535,501 |
| Alex Perez | General Counsel | Officer | 40 | $476,698 |
| Jennifer Hobbs | SVP, University Secretary, Chief of Staff | Officer | 40 | $407,670 |
| Lin Zhou | SVP and Chief Information Officer (Through September 2024) | Officer | 40 | $327,670 |
| Loretta Ferrari | Vice President of Finance and Budget & Chief Financial Officer | Officer | 40 | $311,792 |
| Jonah Nigh | Senior Vice President for Development & Alumni Engagement | Officer | 40 | $267,089 |
| Elliot Stein | VICE CHAIR | Board, Officer | 1 | None reported |
| Franci J Blassberg | VICE CHAIR | Board, Officer | 1 | None reported |
| Linda E Rappaport | CHAIR | Board, Officer | 1 | None reported |
| Susan L Foote | VICE CHAIR | Board, Officer | 1 | None reported |
| Richard Kessler | Executive Dean | Key employee | 40 | $460,597 |
| Mary Watson | Full Time Faculty | Key employee | 40 | $426,990 |
| Yvonne Watson | Interim Executive Dean, Parsons School of Design | Key employee | 40 | $401,833 |
| Christopher Cox | Executive Dean | Key employee | 40 | $348,175 |
| Thomas Aleinikoff | Executive Dean | Key employee | 40 | $342,560 |
| William Milberg | Full Time Faculty | Key employee | 40 | $265,459 |
| Craig Bernecker | FACULTY TRUSTEE (through May 2025) | Board | 40 | $224,887 |
| Julia Foulkes | FACULTY TRUSTEE (Beginning May 2025) | Board | 40 | $195,838 |
| Rhea Alexander | Faculty Trustee (Beginning May 2025) | Board | 40 | $186,929 |
| Anthony J Mannarino | TRUSTEE (through May 2025) | Board | 1 | None reported |
| Asmita Bhatia | TRUSTEE | Board | 1 | None reported |
| Bevis Longstreth | TRUSTEE | Board | 1 | None reported |
| Caitlyn McKoy | Trustee (Beginning May 2025) | Board | 1 | None reported |
| Charles R Perrin | TRUSTEE (Through May 2025) | Board | 1 | None reported |
| Christopher J Castano | TRUSTEE | Board | 1 | None reported |
| Daniel T Motulsky | TRUSTEE | Board | 1 | None reported |
| David Poma | TRUSTEE | Board | 1 | None reported |
| Dominique Bluhdorn | TRUSTEE | Board | 1 | None reported |
| Douglas D Durst | TRUSTEE | Board | 1 | None reported |
| Gregory Bernstein | Trustee (beginning May 2025) | Board | 1 | None reported |
| Jane Deflorio | TRUSTEE (Through May 2025) | Board | 1 | None reported |
| Jeffrey Gural | TRUSTEE | Board | 1 | None reported |
| Joseph R Gromek | TRUSTEE | Board | 1 | None reported |
| Joshua Sapan | TRUSTEE | Board | 1 | None reported |
| Kay Unger | TRUSTEE | Board | 1 | None reported |
| Lilian Shiao-Yen Wu | TRUSTEE | Board | 1 | None reported |
| Monique Jefferson | Trustee (beginning Sept 2024) | Board | 1 | None reported |
| Nancye Green | TRUSTEE | Board | 1 | None reported |
| Nsisong Udosen | Student Trustee (through May 2025) | Board | 1 | None reported |
| Robert H Mundheim | TRUSTEE | Board | 1 | None reported |
| Sasa Li | Trustee (Beginning Sept 2024) | Board | 1 | None reported |
| Sheila C Johnson | TRUSTEE | Board | 1 | None reported |
| Stanley P Silverstein | TRUSTEE | Board | 1 | None reported |
| Steven H Bloom | TRUSTEE | Board | 1 | None reported |
| Sylvestre Corti Maderna | Student Trustee (through May 2025) | Board | 1 | None reported |
| Ted GoldThorpe | TRUSTEE | Board | 1 | None reported |
| Timothy L Porter | TRUSTEE | Board | 1 | None reported |
| William D Zabel | TRUSTEE (through April 2025) | Board | 1 | None reported |
| William E Havemeyer | TRUSTEE | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $5,904,559, which is 2.7% of the $220,101,261 salary base shared by 6,964 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Mark Diaz | Interim EVP for Business and Operations (through January 2025) | Officer | 40 | $786,220 | $0 | $117,394 | $903,614 |
| Donna Shalala | Interim President (through July 2024) | Board, Officer | 60 | $476,496 | $0 | $289,889 | $766,385 |
| Joel Towers | President (beginning August 2024) | Board, Officer | 60 | $658,344 | $0 | $102,386 | $760,730 |
| Rene White | Provost & Executive Vice President for Academic Affairs | Officer | 40 | $655,857 | $0 | $79,679 | $735,536 |
| Anne Adriance | SVP for Marketing and Business Development | Officer | 40 | $452,822 | $0 | $82,679 | $535,501 |
| Alex Perez | General Counsel | Officer | 40 | $393,134 | $0 | $83,564 | $476,698 |
| Richard Kessler | Executive Dean | Key employee | 40 | $381,575 | $0 | $79,022 | $460,597 |
| Darrick Hamilton | Faculty | Highly paid employee | 40 | $382,066 | $0 | $48,772 | $430,838 |
| Mary Watson | Full Time Faculty | Key employee | 40 | $367,208 | $0 | $59,782 | $426,990 |
| Jennifer Hobbs | SVP, University Secretary, Chief of Staff | Officer | 40 | $354,551 | $0 | $53,119 | $407,670 |
Sources
- IRS e-file return 202611359349307671 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 13-3297197
- Organization website (as filed): www.newschool.edu