2024-12-13T15:41:28-06:00 2023-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2023-01-01 133584516 THE NEW PRESS INC NEWP 2126298802 120 WALL STREET 31 FL NEW YORK NY 100054007 DIANE WACHTELL EXECUTIVE DIRECTOR 2126298802 2024-12-10 1 0 JESSICA DIGIAMO DIAZ P01994693 2126972299 2023 2024-10-15 13:58:12Z X DIANE WACHTELL 120 WALL STREET 31 FL NEW YORK NY 100054007 6351461 0 X WWW.THENEWPRESS.COM X 1990 NY PUBLISHING IN THE PUBLIC INTEREST BOOKS OF CULTURAL, HISTORICAL, (CONT'D ON SCHEDULE O)AND/OR EDUCATIONAL VALUE THAT ARE LIKELY TO BE DEEMED INSUFFICIENTLY PROFITABLE AND HENCE OVERLOOKED BY COMMERCIAL PUBLISHERS. 19 17 44 21 0 0 2589452 1967905 454749 323776 3035 46449 1739881 821851 4787117 3159981 0 0 0 0 3019202 3188874 0 0 799491 2039164 2451435 5058366 5640309 -271249 -2480328 11028719 8087640 3281361 2803649 7747358 5283991 X PUBLICATION OF BOOKS ON CULTURAL, HISTORICAL, AND SOCIAL ISSUES TO INCREASE EDUCATIONAL AND SOCIAL AWARENESS. THESE BOOKS ARE OFTEN WRITTEN BY AUTHORS AND/OR ARE WRITTEN ABOUT SUBJECTS THAT MIGHT OTHERWISE NOT BE DEEMED COMMERCIAL ENOUGH (CONT'D ON SCHEDULE O)TO BE PUBLISHED. ORGANIZE FREE PUBLIC FORUMS FOR DISCUSSION ABOUT ISSUES ADDRESSED IN THE NEW PRESS BOOKS BY THE NEW PRESS AUTHORS. 0 0 3999332 1109467 THIS WAS AN UNUSUAL YEAR FOR THE ORGANIZATION, WITH BOTH REVENUE STREAMS SEEING A DECLINE. LIKE MANY PUBLISHERS WITH NONFICTION-HEAVY LISTS, WE FACED INDUSTRY-WIDE CHALLENGES THAT IMPACTED OUR TOTAL EARNED REVENUE. WE PUBLISHED 31 FRONTLIST TITLES IN 2023. OUR TOP 5 TITLES REPRESENTED 22% OF OUR TOTAL SALES. THE TOP FIVE TITLES WERE THE NEW JIM CROW, LIES MY TEACHER TOLD ME, TROUBLEMAKERS, CRITICAL RACE THEORY, AND EXCEPT FOR PALESTINE. WITH TWO TITLES (CHARISMA'S TURN AND THE PAPERBACK OF ELIE MYSTAL' S ALLOW ME TO RETORT) SELLING OVER 5000 COPIES. (CONTINUED ON SCHEDULE O)BOTH SALES AND REVENUE FELL BELOW RECENT YEARS' LEVELS. HOWEVER, OUR CASH POSITION REMAINS STRONG, AND WE CLOSED THE YEAR WITH NEARLY $3 MILLION IN CASH. 3999332 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 291 0 1 44 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X ROSA DEL SAZ 2126298802 120 WALL STREET 31 FL NEW YORK NY 100054007 GARA LAMARCHE CHAIR 2.00 X X 0 0 0 THEODORE M SHAW VICE CHAIR 1.00 X X 0 0 0 AMY GLICKMAN TREASURER 1.00 X X 0 0 0 SARAH BURNES SECRETARY 1.00 X X 0 0 0 DIANE WACHTELL EXECUTIVE DIRECTOR 35.00 X X 218380 0 26605 ELLEN ADLER PUBLISHER 35.00 X X 212170 0 34532 JONATHAN S ABADY DIRECTOR 1.00 X 0 0 0 JESSICA BAUMAN DIRECTOR 1.00 X 0 0 0 JOHN ANTHONY BUTLER DIRECTOR 1.00 X 0 0 0 JEFF DEUTSCH DIRECTOR 1.00 X 0 0 0 BRUCE GOTTLIEB DIRECTOR 1.00 X 0 0 0 BRAD HEBEL DIRECTOR 1.00 X 0 0 0 VIVIEN LABATON DIRECTOR 1.00 X 0 0 0 SUSAN LEHMAN DIRECTOR 1.00 X 0 0 0 ROBERT RABEN DIRECTOR 1.00 X 0 0 0 FREDERICK AO SCHWARZ JR DIRECTOR 1.00 X 0 0 0 NABIHA SYED DIRECTOR 1.00 X 0 0 0 TINA C WEINER DIRECTOR 1.00 X 0 0 0 LAURA WALKER DIRECTOR 1.00 X 0 0 0 ROSA M DEL SAZ CHIEF FINANCE & ADMIN OFFICER 35.00 X 191091 0 21915 MARC FAVREAU DIRECTOR OF EDITORIAL OPERATIONS 35.00 X 147317 0 7630 BRIAN ULICKY ASSOCIATE PUBLISHER 35.00 X 120955 0 18022 FRAN FORTE SENIOR DIRECTOR OF PRODUCTION 35.00 X 102872 0 13177 992785 0 121881 6 0 1 0 MAPLE PRESS 232 MADISON AVE NEW YORK NY 10016 PRINTING, DESIGN, MAILING, BINDERY 820164 INGRAM CONTENT GROUP 869 NESTLY WAY BREINIGSVILLE PA 18031 DISTRIBUTOR 679853 GROW STRATEGIES 100 CLAREMONT AVE 9G NEW YORK NY 10027 DEVELOPMENT LEADERSHIP & SUPPORT 120128 3 85396 40000 1842509 2617 1967905 SUBRIGHTS INCOME 513130 323776 323776 323776 42536 42536 36160 0 36160 36160 36160 627507 623594 3913 3913 3913 26354 85396 26354 0 3319673 2541532 778141 778141 OTHER INCOME 900099 7550 7550 7550 3159981 1109467 0 82609 704691 307604 286844 110243 1860412 1333913 230119 296380 85324 61728 10001 13595 304167 203654 50946 49567 234280 151205 45824 37251 26456 17448 4870 4138 38500 38500 1119 1119 476481 334956 56839 84686 478785 471736 3811 3238 131956 87026 24292 20638 346680 229046 63599 54035 42599 28096 7840 6663 29248 19289 5384 4575 54005 35616 9942 8447 DISTRIBUTION 530236 530236 DISPOSAL OF INVENTORY 173720 173720 EVENT EXPENSES 113217 8500 104717 DUES AND SUBSCRIPTIONS 8235 5431 1516 1288 198 128 40 30 5640309 3999332 841486 799491 1206125 651740 2864877 654878 919500 290235 1218857 1035196 1685692 1034728 11256 11137 206008 165649 69607 40359 70771 1638175 2982034 2731192 11028719 8087640 571189 568310 2710172 2235339 3281361 2803649 X 5859509 3850969 1887849 1433022 7747358 5283991 11028719 8087640 -2480328 16961 0 X 0 1 X 1 0 X 1696322 2296573 3363630 2589452 1967905 11913882 4933923 8519016 6128864 4906393 3643449 28131645 6630245 10815589 9492494 7495845 5611354 40045527 1335075 2050900 2431431 1740401 1594608 9152415 0 1335075 2050900 2431431 1740401 1594608 9152415 30893112 88584 98651 85039 47266 78696 398236 88584 98651 85039 47266 78696 398236 22499 176575 11711 7550 218335 6741328 11090815 9589244 7543111 5697600 40662098 0.75980 0.77130 0.00980 0.00870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 107056 68667 38389 70435 68465 1970 28517 28517 0 40359 AUTHOR ADVANCES, NET 1166569 OPERATING RIGHT-OF-USE ASSET 1564623 2731192 ROYALTIES PAYABLE 454155 OPERATING LEASE LIABILITY 1781184 2235339 3267187 16961 91364 108325 3158862 1119 1119 3159981 5730554 91364 91364 5639190 1119 1119 5640309 EUROPE, NORTH AMERICA (NOT INCLUDING USA) 0 0 PROGRAM SERVICES BOOK SALES THROUGH DISTRIBUTOR 21515 0 0 0 0 0 0 21515 0 21515 0 0 0 0 0 0 GALA 111750 85396 26354 26354 111750 85396 26354 26354 26354 0 X X X X 0 0 0 0 0 0 0 0 0 DIANE WACHTELL EXECUTIVE DIRECTOR 218380 0 0 0 0 0 10919 0 15686 0 244985 0 0 0 ELLEN ADLER PUBLISHER 212170 0 0 0 0 0 10609 0 23923 0 246702 0 0 0 ROSA M DEL SAZ CHIEF FINANCE & ADMIN OFFICER 191091 0 0 0 0 0 9555 0 12360 0 213006 0 0 0 FORM 990, PART I, LINE 5 NUMBER OF INDIVIDUALS EMPLOYED IN CALENDAR YEAR 2023 THE 44 INDIVIDUALS EMPLOYED DURING CALENDAR YEAR 2023 CONSISTED OF 32 FULL-TIME EMPLOYEES AND 12 TEMPS/INTERNS EMPLOYED ON A PART-TIME OR SHORT-TERM BASIS. AMENDED RETURN, FORM 990, PAGE 1, SECTION B THIS AMENDED RETURN REFLECTS THE FOLLOWING CHANGES MADE AS A RESULT OF THE COMPLETION OF THE ORGANIZATION'S ANNUAL FINANCIAL STATEMENT AUDIT FOR THE YEAR ENDED DECEMBER 31, 2023: PART IV, LINE 12A PART XII, LINES 2B AND 2C SCHEDULE D, PART XI AND XII FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT AND THE CHAIR OF THE FINANCE COMMITTEE REVIEW THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY POTENTIAL CONFLICTS OF INTEREST ARE REFERRED TO THE AUDIT COMMITTEE. IF A COMMITTEE MEMBER HAS A CONFLICT OF INTEREST, THAT MEMBER RECUSES HIM/HERSELF FROM THE DISCUSSION AND/OR VOTING ON THAT TOPIC. EACH YEAR, EACH OFFICER AND DIRECTOR COMPLETES A CONFLICT OF INTEREST DISCLOSURE FORM, AND THESE FORMS ARE PROVIDED TO THE AUDIT COMMITTEE AND MADE AVAILABLE FOR INSPECTION BY MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED BY THE FINANCE COMMITTEE WHICH ACTS AS THE COMPENSATION COMMITTEE. COMPENSATION OF THE EXECUTIVE DIRECTOR AND THE PUBLISHER IS BASED ON A REVIEW OF PERFORMANCE BY INDEPENDENT MEMBERS OF THE BOARD, AS WELL AS ON AN UNDERSTANDING OF COMPARABLE COMPENSATION IN SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.