2021-05-14T09:04:29-05:00 2020-06-30 350921680 CROWE LLP 488 Madison Avenue Floor 3 New York NY 100225702 990 2019-07-01 133297197 The New School NEWS 6469093667 66 West 12th Street New York NY 10011 Natalie J D Pressey AVP & Controller 2021-05-14 true Nicole Bencik P00756195 2125725500 2019 2022-09-23 18:48:47Z Dwight A McBride 66 West 12th Street New York NY 10011 759761613 false X WWW.NEWSCHOOL.EDU X 1919 NY 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. 38 38 7863 97 8937 -20180 36684403 31866449 503893460 508118962 3643193 1840438 18617363 17172006 562838419 558997855 136315206 150179720 0 0 259124692 268115505 0 4415554 163551487 161016514 558991385 579311739 3847034 -20313884 1261758123 1263076833 683214117 698465022 578544006 564611811 X THE NEW SCHOOL WAS BORN OUT OF A COMMITMENT TO ACADEMIC FREEDOM, TOLERANCE, AND EXPERIMENTATION. OUR FUTURE WILL BE SHAPED BY THE QUALITIES THAT HAVE DEFINED OUR PAST: (CONTINUED ON SCHEDULE O) false false 176514372 0 477070699 ACADEMIC PROGRAM: THE UNIVERSITY'S ACADEMIC PROGRAM IS COMPOSED OF INSTRUCTIONAL, RESEARCH, AND PUBLIC SERVICE ACTIVITIES. THE UNIVERSITY AWARDS BACCALAUREATE, MASTERS, AND DOCTORAL DEGREES. IN ACADEMIC YEAR 2019-2020 IT ENROLLED 11,058 DEGREE STUDENTS AND 5,603 NON-DEGREE STUDENTS. THE UNIVERSITY'S RESEARCH AND PUBLIC SERVICE ACTIVITIES ENABLE FACULTY TO EXPLORE NEW AREAS OF EDUCATION, LEARNING AND KNOWLEDGE AND PROVIDES NON-INSTRUCTIONAL SERVICES TO INDIVIDUALS AND GROUPS EXTERNAL TO THE UNIVERSITY. 150179720 150179720 0 SCHOLARSHIP AND FINANCIAL AID: THE NEW SCHOOL SEEKS TO MAKE ITS EDUCATION AS AFFORDABLE AS POSSIBLE BY OFFERING FINANCIAL SUPPORT TO STUDENTS BASED ON FINANCIAL NEED, ACADEMIC ACHIEVEMENT, AND OTHER QUALIFICATIONS THROUGH SCHOLARSHIPS AND WORK STUDY PROGRAMS, WHICH ARE FUNDED BY INSTITUTIONAL FUNDS AND FEDERAL, STATE AND PRIVATE GRANTS. IN ACADEMIC YEAR 2019-2020, 8,963 STUDENTS RECEIVED INSTITUTIONAL SCHOLARSHIPS AND 9,164 STUDENTS RECEIVED AT LEAST ONE FORM OF INSTITUTIONAL OR PUBLIC SCHOLARSHIPS, GRANTS, LOANS, OR WORK STUDY AWARDS. 130059924 0 0 EDUCATIONAL SUPPORT: THE UNIVERSITY'S EDUCATIONAL SUPPORT PROGRAM IS COMPOSED OF ACADEMIC SUPPORT AND STUDENT SERVICES. ACADEMIC SUPPORT PROVIDES SUPPORT SERVICES, SUCH AS LIBRARIES, ACADEMIC TECHNOLOGY, AND FACULTY AND CURRICULUM DEVELOPMENT, FOR ITS PRIMARY MISSIONS OF INSTRUCTION, RESEARCH AND PUBLIC SERVICE. STUDENT SERVICES PROVIDE VARIOUS SERVICES TO STUDENTS, WHICH CONTRIBUTE TO THE STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND TO THEIR INTELLECTUAL, CULTURAL, AND SOCIAL DEVELOPMENT OUTSIDE THE CONTEXT OF THE UNIVERSITY'S FORMAL INSTRUCTIONAL PROGRAMS. 43803162 0 33295533 AUXILIARY REVENUE FOR DORMITORIES, DINING SERVICES, AND HEALTH SERVICES. 43803162 33295533 500557178 true true false false false false true false true true true false false true true false true true true true false false false true false false false true true true false false false false false false false false true false true true false false false true true true false false true X 13693 0 true 7863 true true true true FR GM false false false true true false false false false false false X 38 38 false false false false false false false true true false false true true true true true true true true false NY X Natalie J D Pressey 6469093667 66 WEST 12TH STREET NEW YORK NY 10011 DAVID VAN ZANDT PRESIDENT partial year 60.0 X X 856444 0 625299 DWIGHT A MCBRIDE PRESIDENT 40.0 X X 0 0 0 ELLIOT STEIN VICE CHAIR 1.0 X X 0 0 0 FRANCI J BLASSBERG VICE CHAIR 1.0 X X 0 0 0 JOSEPH R GROMEK TRUSTEE CHAIR partial year 1.0 X X 0 0 0 SUSAN L FOOTE VICE CHAIR 1.0 X X 0 0 0 ALEXANDER JUTKOWITZ TRUSTEE 1.0 X 0 0 0 ANTHONY J MANNARINO TRUSTEE 1.0 X 0 0 0 ARNOLD H ARONSON TRUSTEE 1.0 X 0 0 0 BETH RUDIN DEWOODY TRUSTEE 1.0 X 0 0 0 BEVIS LONGSTRETH TRUSTEE 1.0 X 0 0 0 CHARLES R PERRIN TRUSTEE 1.0 X 0 0 0 CHRISTOPHER J CASTANO TRUSTEE 1.0 X 0 0 0 CRAIG BERNECKER TRUSTEE 1.0 X 0 0 0 DANIEL T MOTULSKY TRUSTEE 1.0 X 0 0 0 DAVID E MCCLEAN TRUSTEE 1.0 X 0 0 0 DOMINIQUE BLUHDORN TRUSTEE 1.0 X 0 0 0 DOUGLAS D DURST TRUSTEE 1.0 X 0 0 0 FRED A DUST TRUSTEE 1.0 X 0 0 0 JANE DEFLORIO TRUSTEE 1.0 X 0 0 0 JEFFREY GURAL TRUSTEE 1.0 X 0 0 0 JOSHUA SAPAN TRUSTEE 1.0 X 0 0 0 KAY UNGER TRUSTEE 1.0 X 0 0 0 LILIAN SHIAO-YEN WU TRUSTEE 1.0 X 0 0 0 LINDA E RAPPAPORT CHAIR 1.0 X 0 0 0 MALCOLM B SMITH TRUSTEE 1.0 X 0 0 0 MICHAEL E GELLERT TRUSTEE 1.0 X 0 0 0 MICHAEL J JOHNSTON TRUSTEE 1.0 X 0 0 0 NANCYE GREEN TRUSTEE 1.0 X 0 0 0 ROBERT F HOERLE TRUSTEE 1.0 X 0 0 0 ROBERT H MUNDHEIM TRUSTEE 1.0 X 0 0 0 SHEILA C JOHNSON TRUSTEE 1.0 X 0 0 0 STANLEY P SILVERSTEIN TRUSTEE 1.0 X 0 0 0 STEVEN H BLOOM TRUSTEE 1.0 X 0 0 0 SUSAN U HALPERN TRUSTEE 1.0 X 0 0 0 Ted GoldThorpe TRUSTEE 1.0 X 0 0 0 TIMOTHY L PORTER TRUSTEE 1.0 X 0 0 0 WILLIAM D ZABEL TRUSTEE 1.0 X 0 0 0 WILLIAM E HAVEMEYER TRUSTEE 1.0 X 0 0 0 ANNE ADRIANCE CHIEF MARKETING OFFICER 40.0 X 387287 0 73613 BRYNA MARY SANGER SVP, ACADEMIC AFFAIRS 40.0 X 327930 0 68880 DONALD RESNICK FORMER CHIEF ENROLLMENT AND SUCCESS OFFICER 40.0 X 389180 0 54127 JENNIFER HOBBS SVP, ADMINISTRATION & CHIEF of STAFF 40.0 X 0 0 0 JERRY CUTLER CHIEF LEGAL AND HUMAN RESOURCE OFFICER 40.0 X 327482 0 64582 LIA GARTNER VP, DESIGN, CONSTRUCTION AND FACILITIES 40.0 X 279525 0 61039 LIN ZHOU SVP AND CHIEF INFORMATION OFFICER 40.0 X 300130 0 49032 MARK GIBBEL CHIEF DEVELOPMENT OFFICER 40.0 X 404790 0 72052 MAYA WILEY SVP, SOCIAL JUSTICE partial year 40.0 X 214028 0 34994 MELANIE HART VP. INSTITUTIONAL STRATEGY FOR SOCIAL JUSTICE 40.0 X 27769 0 25582 MICHELLE RELYEA SVP, STUDENT SUCCESS 40.0 X 260366 0 60988 OLATOKUMBO SHOBOWALE CHIEF OPERATING OFFICER 40.0 X 429337 0 41496 ROY MOSKOWITZ FORMER CHIEF LEGAL OFFICER 40.0 X 106508 0 47136 STEVE STABILE VP, FINANCE & BUSINESS AND TREASURER 40.0 X 282780 0 41279 TIM MARSHALL PROVOST 40.0 1.0 X 592181 0 71066 HELEN WUSSOW DEAN 40.0 X 305282 0 41493 JOEL TOWERS FORMER DEAN 40.0 X 360994 0 61689 MARY WATSON DEAN 40.0 X 311046 0 33298 RACHEL SCHREIBER DEAN 40.0 X 200123 0 4474 RICHARD KESSLER DEAN 40.0 X 329987 0 64547 STEPHANIE BROWNER DEAN 40.0 X 364549 0 42969 WILLIAM MILBERG DEAN 40.0 X 291647 0 60211 ANNE STOLER PROFESSOR 40.0 X 304509 0 25886 BENJAMIN LEE PROFESSOR 40.0 X 337586 0 61719 CAROL KIM VP, STRATEGIC ENROLLMENT MANAGEMENT 40.0 X 287382 0 53323 DEBORAH GIBB VP, CORPORATE PARTNERSHIPS 40.0 X 312664 0 26648 T ALEXANDER ALEINIKOFF PROFESSOR 40.0 X 254189 0 54345 8845695 0 1921767 331 false true false Compass Group USA Inc PO Box 91337 Chicago IL 606931337 CONTRACTUAL SERVICES 4708329 Qwest Contracting Corp 153 W 27th Street Suite 502 New York NY 100016257 CONTRACTUAL SERVICES 2462053 East End Advisors LLC East End Advisors LLC 610 Fifth Avenue-Suite 506 New York NY 10020 CONTRACTUAL SERVICES 1849601 Arthur J Gallagher Risk Management Services Inc 500 Victory Road Quincy MA 02171 CONTRACTUAL SERVICES 1623240 Knotel Inc 29 West 35th Street Floor 2 New York NM 10001 CONTRACTUAL SERVICES 1597531 158 1253129 0 9034775 21578545 3416291 31866449 TUITION & FEES 611310 473625844 473625844 AUX ENTERPRISE REV 611310 31048264 31048264 COMMERCIAL CONTRACTS 611310 149899 149899 SVC OF EDUCATION DEPT 611310 3294955 3294955 0 0 0 0 508118962 1008931 8937 999994 283992 283992 15106445 15106445 0 15106445 15106445 201047017 200499502 547515 0 547515 547515 82547 1253129 264256 -181709 -181709 JOURNAL/CONFERENCE FEE 611310 618949 618949 INDIRECT COST RECOVERY 611310 19688 19688 COMISSIONS 611310 1142074 1142074 466559 466559 0 0 2247270 558997855 510366232 8937 16756237 0 0 150179720 150179720 0 0 0 0 7491833 3246242 3858760 386831 173554 173554 189015128 161978751 24688750 2347627 17770034 14963384 2558310 248340 39624039 39851931 -678655 450763 14040917 11823254 2021438 196225 743694 279817 463877 186000 186000 6377363 6377363 16397042 11450540 4558550 387952 3766117 875686 2868236 22195 38451499 31616815 6805083 29601 5730365 2132670 3560575 37120 291764 114342 177256 166 12876278 9769165 2972662 134451 3008344 2670579 305617 32148 686596 528044 159481 -929 23523060 21365745 2157315 26733139 21903300 4829839 1321376 -2327 1323703 Contract Service Fee 7688433 7688433 Bad debt expense 3662803 3662803 Food service & catering 4446364 4140603 177164 128597 Library 1802521 1759458 30796 12267 3323756 2047472 1274084 2200 579311739 500557178 74339007 4415554 1581468 5663093 890866 500614 35254616 33233329 15091097 21295777 0 0 0 0 258794 507630 13146361 12991091 979419778 246170413 744361225 733249365 227868646 213165868 197788457 216930386 2570910 2349483 22945683 23190197 1261758123 1263076833 73247495 71868371 12921885 9401895 595443377 615904803 0 0 1601360 1289953 683214117 698465022 X 361841558 350615091 216702448 213996720 578544006 564611811 1261758123 1263076833 X -20313884 8878289 -2496600 X false true X true true true X 38686211 39162868 36697218 36684403 31866449 183097149 0 0 38686211 39162868 36697218 36684403 31866449 183097149 8233979 174863170 13777980 15402627 20657602 19128408 16390431 85357048 23799 16520 361026 110528 0 511873 155250 157460 137880 99030 82547 632167 269598237 2357111561 0.6486 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - GROSS INCOME FROM FUNDRAISING EVENTS, COLUMN A - 155250.0, COLUMN B - 157460.0, COLUMN C - 137880.0, COLUMN D - 99030.0, COLUMN E - 82547.0, COLUMN F - 632167.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X Education false 399256394 6440704 4006730 12570801 3655993 393477034 392131061 5411074 17938691 12391043 3833389 399256394 368027801 10849658 28772777 12261195 3257980 392131061 322316121 10068161 50726974 11399069 3684386 368027801 346851500 1459200 -10875270 10716760 4402549 322316121 0.6198 0.2425 0.1377 false false 81107431 81107431 771956622 182042774 589913848 79141554 44184317 34957237 39689352 19943322 19746030 7524819 7524819 733249365 INVESTMENTS - HEDGE FUNDS 157007816 F INVESTMENTS - PRIVATE EQUITY 29690955 F INVESTMENTS - REAL ASSETS 30231615 F 216930386 FEDERAL STUDENT LOAN ADVANCES 1289953 1289953 X Schedule D, Part III, Line 1a Collections of art - financial statement footnote The university's art collection consists of works of art, including prints, paintings, photographs, and sculptures that are held for the purposes of public exhibition, education, and research. Each of the items is cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed by the university's curators. The art collection, which was acquired through purchases and contributions since the university's inception, is not recognized as an asset in the consolidated balance sheets. Purchases of collection items are recorded as expenses and contributed collection items are not reported as contributions. Proceeds from sales are reflected as increases in net assets without donor restrictions. Schedule D, Part III, Line 4 Collections of art - description of collections The mission of The New School art collection, in recognition of its historic commitment to art as a vehicle for sociopolitical change, is to advance the importance of art as an agent for personal and collective transformation. As a curricular resource for all areas of study, the role of the collection is to conserve, interpret, and present works of art to the students, faculty, and greater community. New acquisitions support the vision of the university as an environment for innovative thinking and artistic experimentation. HISTORY OF THE COLLECTION The university's legacy of supporting the freedom of artistic expression began in 1931 with the commissioning of two historically significant mural cycles: Jose Clemente Orozco's A Call for Revolution and Universal Brotherhood, and Thomas Hart Benton's epic America Today. Over the years, the university has hosted a roster of accomplished artists, writers, dancers, designers, historians, social scientists, and philosophers, creating a flourishing laboratory for experimentation and innovation. As an institution that embraced such diverse figures as poet Robert Frost, anthropologist Margaret Meade, art historian Meyer Schapiro, and composer/conceptual artist John Cage, The New School has always stood at the forefront of self-discovery and visionary social, intellectual, and aesthetic experimentation. The New School art collection was established in 1960 with a grant from the Albert A. List Foundation. The collection, grown to approximately 2,081 postwar and contemporary works of art, includes examples in almost all media by some of the most innovative and creative artists of our time. Installed throughout the university campus and transforming the public spaces into lively forums for examining contemporary art, the collection offers students and faculty a rare opportunity to engage with art on a daily basis, making it a distinctive component of their educational experience. The collection has continued its tradition of incorporating site-specific works into its public spaces. Schedule D, Part V, Line 4 Intended uses of endowment funds The university's endowment is composed of approximately 332 individual funds established for a variety of purposes, including scholarships, professorships, faculty development, lectures, and research programs. The endowment consists of both donor restricted endowment funds and funds designated by the board of trustees to function as endowments. Net assets associated with endowment funds, including funds functioning as endowments, are classified and reported based on the existence or absence of donor imposed restrictions. THE UNIVERSITY'S INDIVIDUAL ENDOWMENT FUNDS ARE POOLED FOR INVESTMENT PURPOSES. THE INVESTMENT PORTFOLIO IS MANAGED TO ACHIEVE A PRUDENT LONG TERM RETURN. THE UNIVERSITY RELIES ON A TOTAL RETURN STRATEGY IN WHICH INVESTMENT RETURNS ARE ACHIEVED THROUGH BOTH CAPITAL APPRECIATION (REALIZED AND UNREALIZED) AND CURRENT YIELD (INTEREST AND DIVIDENDS). THE UNIVERSITY TARGETS A DIVERSIFIED ASSET ALLOCATION THAT PLACES A GREATER EMPHASIS ON EQUITY BASED INVESTMENTS TO ACHIEVE ITS LONG TERM RETURN OBJECTIVES WITHIN PRUDENT RISK CONSTRAINTS. THE ENDOWMENT ASSETS ARE INVESTED TO PROVIDE A REAL TOTAL RETURN THAT PRESERVES THE PURCHASING POWER OF THE ENDOWMENT, WHILE GENERATING AN INCOME STREAM TO SUPPORT THE ACADEMIC ACTIVITIES OF THE UNIVERSITY. ACTUAL RETURNS MAY VARY FROM THIS GOAL IN ANY GIVEN YEAR. The university's endowment spending policy is designed to provide a sustainable and predictable flow of funds to support annual operations. The spending policy is intended to balance current spending needs and to preserve the endowment's future purchasing power. The university applies a board specified spending rate to a moving average of endowment investment funds. The purpose of using a moving average is to smooth out any wide fluctuations in the market value. Endowment earnings in excess of the spending rate are added back to the principal of the endowment investments. Prior to fiscal year 2012, the board specified spending rate was 5%. Beginning with fiscal year 2012, the spending rate was reduced to 4% using a "soft landing" approach. The fiscal year 2011 appropriation will be used as the annual appropriation until the investment portfolio increases sufficiently over time to result in an effective 4% spending rate. Thereafter, the 4% spending rate would be applied against the average of the previous 16 quarters' fair value of the endowment portfolio. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The university is exempt from federal income taxes pursuant to Section 501(c)(3) of the Internal Revenue Code, except for any unrelated business income activities. The university recognizes the effects of income tax positions only if those positions are more likely than not of being sustained. The university evaluates, on an annual basis, the effects of any uncertain tax positions on its consolidated financial statements. As of June 30, 2020 and 2019, the university has not identified or provided for any such positions. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY A general statement of non-discrimination is included in all advertisement and other printed media relating to the recruitment of students and employees. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT The university receives various forms of financial aid from the government to support financial assistance provided to the students. The types of government assistance the university receives includes the following: -Federal Pell Grant -Federal Supplemental Educational Opportunity Grant (SEOG) -Federal Direct Loan Program -Federal Work Study Program The university receives government funding to support its organized research programs. These governmental grants help to further the university's mission by supporting organized research efforts in the areas of education, training, and public services. The public agencies that support the university's research activities are: -National Science Foundation -Department of Health and Human Services -United States Department of Education -United States Department of Energy -United States Department of Defense -Department of Veterans Affairs -The National Endowment for the Arts -The National Endowment for the Humanities Central America and the Caribbean 0 0 Investments 142474890 Central America and the Caribbean 0 8 Program Services RECRUITING, RESEARCH 45920 Europe (Including Iceland and Greenland) 0 92 Program Services RECRUITING, RESEARCH 836527 Middle East and North Africa 0 2 Program Services RECRUITING, RESEARCH 12763 North America (Canada & Mexico only) 0 39 Program Services RECRUITING, RESEARCH 621572 South America 0 17 Program Services RECRUITING, RESEARCH 181276 South Asia 0 14 Program Services RECRUITING, RESEARCH 75572 Sub-Saharan Africa 0 5 Program Services RECRUITING, RESEARCH 31406 East Asia and the Pacific 0 125 Program Services RECRUITING, RESEARCH 806627 0 302 0 0 0 302 145086553 0 145086553 true false true true true false Parsons Benefit 1291176 1210879 80297 581 207964 Drama NS Weekend 44500 42250 2250 14428 41283 0 1335676 1253129 82547 581 14428 249247 264256 -181709 true SCHOLARSHIPS AND AWARDS 13127 150179720 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Grants and other assistance awarded to individuals in the U.S. represent student financial aid. Student financial aid awards are determined by the university's assessment of academic achievement, financial need and other similar standards. Student financial services continuously monitors student eligibility for these awards. Student financial services is responsible for regulatory compliance. Student financial services ensures equity by applying all need analysis formulas consistently across the institution's population of student financial aid applicants and provides services that do not discriminate on the basis of race, gender ethnicity, sexual orientation, religion, disability, age, or economic status. The university receives various forms of financial aid from the government to support financial assistance provided to the students. The types of government assistance the university receives include the following: -Federal Pell Grant -Federal Supplemental Educational Opportunity Grant (SEOG) -Federal Direct Loan Program -Federal Work Study Program The university receives government funding to support its organized research programs. These governmental grants help to further the university's mission by supporting organized research efforts in the areas of education, training, and public services. The public agencies that support the university's research activities are: -National Science Foundation -Department of Health and Human Services -United States Department of Education -United States Department of Energy -United States Department of Defense -Department of Veteran Affairs -The National Endowment for the Arts -The National Endowment for the Humanities X X X true true X X X X X false true false false false false false true false DAVID VAN ZANDT PRESIDENT partial year 728800 0 100000 0 27644 0 325000 0 300299 0 1481743 0 0 0 TIM MARSHALL PROVOST 587719 0 0 0 4462 0 59154 0 11912 0 663247 0 0 0 MARK GIBBEL CHIEF DEVELOPMENT OFFICER 351605 0 0 0 53185 0 38218 0 33834 0 476842 0 0 0 OLATOKUMBO SHOBOWALE CHIEF OPERATING OFFICER 393216 0 0 0 36121 0 39264 0 2232 0 470833 0 0 0 ANNE ADRIANCE CHIEF MARKETING OFFICER 372671 0 0 0 14616 0 38418 0 35195 0 460900 0 10418 0 DONALD RESNICK FORMER CHIEF ENROLLMENT AND SUCCESS OFFICER 365476 0 0 0 23704 0 39064 0 15063 0 443307 0 0 0 BRYNA MARY SANGER SVP, ACADEMIC AFFAIRS 297467 0 0 0 30463 0 28000 0 40880 0 396810 0 5594 0 JERRY CUTLER CHIEF LEGAL AND HUMAN RESOURCE OFFICER 323910 0 0 0 3572 0 33250 0 31332 0 392064 0 0 0 LIN ZHOU SVP AND CHIEF INFORMATION OFFICER 278837 0 10000 0 11293 0 19000 0 30032 0 349162 0 0 0 LIA GARTNER VP, DESIGN, CONSTRUCTION AND FACILITIES 256427 0 0 0 23098 0 28560 0 32479 0 340564 0 560 0 STEVE STABILE VP, FINANCE & BUSINESS AND TREASURER 278390 0 0 0 4390 0 28275 0 13004 0 324059 0 275 0 MICHELLE RELYEA SVP, STUDENT SUCCESS 259383 0 0 0 983 0 27170 0 33818 0 321354 0 0 0 MAYA WILEY SVP, SOCIAL JUSTICE partial year 212688 0 0 0 1340 0 21373 0 13621 0 249022 0 0 0 ROY MOSKOWITZ FORMER CHIEF LEGAL OFFICER 102357 0 0 0 4151 0 11505 0 35631 0 153644 0 692 0 JOEL TOWERS FORMER DEAN 329793 0 0 0 31201 0 28000 0 33689 0 422683 0 0 0 STEPHANIE BROWNER DEAN 293382 0 0 0 71167 0 31365 0 11604 0 407518 0 0 0 RICHARD KESSLER DEAN 311161 0 0 0 18826 0 32190 0 32357 0 394534 0 0 0 WILLIAM MILBERG DEAN 267716 0 0 0 23931 0 27945 0 32266 0 351858 0 0 0 HELEN WUSSOW DEAN 264565 0 0 0 40717 0 27000 0 14493 0 346775 0 0 0 MARY WATSON DEAN 259092 0 0 0 51954 0 28205 0 5093 0 344344 0 0 0 RACHEL SCHREIBER DEAN 164577 0 35000 0 546 0 0 0 4474 0 204597 0 0 0 BENJAMIN LEE PROFESSOR 248458 0 0 0 89128 0 26269 0 35450 0 399305 0 0 0 CAROL KIM VP, STRATEGIC ENROLLMENT MANAGEMENT 286662 0 0 0 720 0 17308 0 36015 0 340705 0 0 0 DEBORAH GIBB VP, CORPORATE PARTNERSHIPS 255762 0 50000 0 6902 0 10933 0 15715 0 339312 0 0 0 ANNE STOLER PROFESSOR 240856 0 0 0 63653 0 22889 0 2997 0 330395 0 0 0 T ALEXANDER ALEINIKOFF PROFESSOR 227796 0 0 0 26393 0 21210 0 33135 0 308534 0 0 0 Schedule J, Part I, Line 1a First-class or charter travel The President was provided with first class travel for travel made for the benefit of the university that exceeded a certain length. This was not treated as taxable compensation. Schedule J, Part I, Line 1a Housing allowance or residence for personal use Campus housing was provided to David Van Zandt as a condition of employment for the convenience of the university, e.g. hosting faculty, staff, trustee, and fundraising events. Mr. Van Zandt's compensation includes $296,624 for housing and personal services (such as utilities and property upkeep). This amount is included in Part II, Column D as a nontaxable benefit. Per contractual agreement, the following individuals received a taxable housing allowance as reported on Part II, Column b(iii): -Mark Gibbel $1,923 -Timothy Marshall $4,462 -Roy Moskowitz $1,923 -Donald Resnick $1923 -Stephanie Browner $50,000 -Richard Kessler $10,385 -William Milberg $20,000 -Joel Towers $30,000 -Mary Watson $30,000 -Benjamin Lee $85,000 -Ann Stoler $60,000 -Helen Wussow $30,000 -T. Alexander Aleinkoff $24,000 Schedule J, Part I, Line 1a Personal services The President received personal services provided at the residence (such as utilities and property upkeep). This amount is included in Part II, Column D as a nontaxable benefit. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan The following employees listed on the Form 990, Part VII-A and Schedule J, Part II participated in a supplemental non-qualified retirement plan 457 (f) and received deferred compensation/contributions to the supplemental non-qualified retirement plan: -David Van Zandt $297,000 -Mark Gibbel $10,218 -Olatokumbo Shobowale $11,264 -Tim Marshall $31,154 -Donald Resnick $11,064 -Stephanie Browner $3,365 -Richard Kessler $4,189 -Mary Watson $205 -Jerry Cutler $5,250 The following employees received 457(f) payouts as reported on Form 990, Part VII-A and Schedule J, Part II, Columns (B)(iii) and (F): -Anne Adriance $10,418 -Lia Gartner $560 -Bryna Mary Sanger $5,594 -Steve Stabile $275 Schedule J, Part I, Line 7 Non-fixed payments Non-fixed performance bonus payments were provided to the following individuals as reported on Form 990, Part VII-A and Schedule J, Part II, Column(B)(ii): -David Van Zandt $100,000 -Deborah Gibb $50,000 -Rachel Schreiber $35,000 -Lin Zhou $10,000 -Melanie Hart $27,491 A DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 6499055W2 2010-12-08 295923149 UNIVERSITY CENTER CONSTRUCTION true false false B DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 649906LJ1 2011-10-20 37140274 REF. ISSUES 10/06/01 & 03/15/99 false false false C DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 64990BDW0 2015-05-01 140166569 see part VI false false false D DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 64990CJH5 2016-11-17 350211770 see part vi false false false A 15780000 280952000 298140632 42299370 3120919 1240074 251480269 2014 false false true true B 9930000 37140274 664824 36475450 2011 true false true true C 6460000 140166569 37952951 1055942 101157677 2015 true true true true D 350211770 249182050 1640727 67118181 32270811 2016 false true true true A false false false false 0.0 0.0 0.0 false false true B 0.0 C false true false false 0.0 0.0 0.0 false false true D false true false false 0.0 0.0 0.0 false false true A false false false true false false false false true B false false true false false false false false true C false false false true false false false false true D false true false false false false false false true A true B true C true D true Schedule K, Part I, Column (f) PART I, BOND D, COLUMN F The 2016 issue financed the acquisition of 34-42 West 14th Street and advanced refunded the series 2010 issue dated 12/08/2010. Schedule K, Part II, Line 4 PART II, LINE 4, BOND A The difference between the total proceeds and the issue price is the investment earnings for the issue. Schedule K, Part II, Line 11 PART II, LINE 11, BOND B The other spent proceeds are the refunding proceeds of the issue (36,179,900) and the NYS issuance fee (295,550). Schedule K, Part II, Line 11 PART II, LINE 11, BOND C The other spent proceeds are the refunding proceeds of the issue that are no longer in escrow (100,000,624) and the NYS issuance fee (302,005). Schedule K, Part II, Line 11 PART II, LINE 11, BOND D The other spent proceeds are the refunding proceeds that are no longer in escrow. Schedule K, Part III, Line 4 PART III, LINE 4, BOND D A portion of the 2016A issue financed the acquisition of 34-42 West 14th Street NY, NY. At the time of the property acquisition there were hold-over tenants that will occupy the building prior to conversion to use of the entire building solely by the taxpayer for its tax-exempt purposes and that will eliminate all private use. Thus, during the reporting period covered by this filing, private business use of a portion of the 2016 bonds proceeds arises from such hold-over tenants and is reflected on Part III Lines 4 and 6. Importantly, bond counsel determined and advised that there are no private security or payments attributable to the 2016A bond issue, as reflected on Part III, Line 7. Schedule K, Part I, Column (f) PART I, BOND C, COLUMN F The 2015 issue refunded issues dated 12/09/10, 11/21/2006, 6/16/2005, 10/16/2001, 5/20/1999 Schedule K, Part IV, Line 2c COLUMN A Issuer name: DORMITORY AUTHORITY OF THE STATE OF NEW YORK The calculation for computing no rebate due was performed on 05/02/2015 Schedule K, Part IV, Line 2c COLUMN C Issuer name: DORMITORY AUTHORITY OF THE STATE OF NEW YORK The calculation for computing no rebate due was performed on 11/02/2016 LISA HUESTIS FAMILY MEMBER OF DAVID VAN ZANDT, CURRENT PRESIDENT 173554 EMPLOYMENT false X 1 4160 Selling cost X 4090 Selling cost X 24 3340541 Selling cost X Steinway Grand Pianos/ Staff Members Fee (Centennial Celebration) 2 67500 Selling cost 3 false true false Schedule M, Part I SCHEDULE M, PART I, COLUMN (B) THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN SCHEDULE M, PART I, COLUMN (B). Form 990, Part III, Line 1 MISSION STATEMENT, CONTINUED * CREATIVITY, INNOVATION, AND CHALLENGING THE STATUS QUO, BOTH IN TERMS OF WHAT AND HOW WE TEACH, AND IN THE INTELLECTUAL AMBITIONS OF THE SCHOOL ITSELF; * SOCIAL ENGAGEMENT, ORIENTING STUDENTS' ACADEMIC EXPERIENCE TO HELP THEM BECOME CRITICALLY ENGAGED CITIZENS DEVOTED TO SOLVING PROBLEMS AND CONTRIBUTING TO THE PUBLIC GOOD. NOW AS THEN, THE NEW SCHOOL MUST EMBRACE THESE PRINCIPLES AND INNOVATE TO ADDRESS SHIFTS IN THE GLOBAL ECONOMY, SOCIETY, AND ENVIRONMENT. THESE SHIFTS REQUIRE THAT INDIVIDUALS GRAPPLE WITH COMPLEX PROBLEMS, LEAD MORE FLUID AND FLEXIBLE CAREERS, AND COLLABORATIVELY CREATE CHANGE. MISSION STATEMENT: WE WILL 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. WE WILL ENSURE THAT OUR STUDENTS HAVE NOT ONLY THE ABILITIES THAT A SOUND LIBERAL ARTS EDUCATION PROVIDES, BUT ALSO THE CREATIVE COMPETENCIES ESSENTIAL FOR SUCCESS AND LEADERSHIP IN THE EMERGING CREATIVE SOCIETY AND ECONOMY. WE WILL ALSO LEAD IN GENERATING PRACTICAL AND THEORETICAL KNOWLEDGE THAT SEEKS TO UNDERSTAND OUR WORLD AND IMPROVE BOTH GLOBAL AND LOCAL SOCIETY AND THE PEOPLE WHO LIVE WITHIN. VISION WE ARE AND WILL BE A UNIVERSITY WHERE DESIGN AND SOCIAL RESEARCH DRIVE APPROACHES TO STUDYING THE ISSUES OF OUR TIME, SUCH AS DEMOCRACY, URBANIZATION, TECHNOLOGY, ECONOMIC EMPOWERMENT, SUSTAINABILITY, MIGRATION, AND GLOBALIZATION. WE WILL BE THE INTELLECTUAL AND CREATIVE CENTER FOR EFFECTIVE ENGAGEMENT IN A WORLD THAT INCREASINGLY DEMANDS BETTER-DESIGNED OBJECTS, COMMUNICATION, SYSTEMS, AND ORGANIZATIONS TO MEET SOCIAL AND HUMAN NEEDS. OUR VISION CORRESPONDS WITH SHIFTS IN THE GLOBAL ECONOMY, SOCIETY, AND ENVIRONMENT, WHICH ANIMATE OUR MISSION. EDUCATIONAL APPROACH WE WILL FULFILL OUR MISSION BY EXTENDING THE NEW SCHOOL'S LEGACY AS A NON-TRADITIONAL ACADEMIC COMMUNITY, NIMBLE AND RESPONSIVE TO CHANGE, THAT WILL: * FOCUS ON AND ENGAGE CONTEMPORARY CRITICAL ISSUES. PRIORITIZE THE IMPORTANCE OF HUMANITY AND CULTURE IN DESIGNING BETTER SYSTEMS AND ENVIRONMENTS TO IMPROVE THE HUMAN CONDITION, AN APPROACH THAT DRAWS FROM DESIGN THINKING AND THE LIBERAL, CREATIVE, AND PERFORMING ARTS. * PLACE PROJECT-BASED LEARNING AT THE CENTER OF THE LEARNING EXPERIENCE. * TAKE FULL ADVANTAGE OF OUR NEW YORK CITY LOCUS AND CONNECTIVITY TO GLOBAL URBAN CENTERS. Form 990, Part III, Line 4d Description of other program services (Expenses $ 43,803,162 including grants of $ 0)(Revenue $ 33,295,533) AUXILIARY REVENUE FOR DORMITORIES, DINING SERVICES, AND HEALTH SERVICES. Form 990, Part VI, Line 1a Delegate broad authority to a committee There is an executive committee which between meetings can transact all such business and take all such action on behalf of The New School which the Board of Trustees could transact or take under law except to grant degrees or to make removals from office. The executive committee reviews and approves compensation of the President of the University and any other employees as determined by the board of trustees provided that no person who will benefit from a compensation decision may be present at or otherwise participate in the deliberation or vote of the executive committee. The executive committee members include the chair and vice chairs of the board, the president of the university and the chairs of the various board of governor committees and other trustees. All members of the executive committee are also on the board of trustees. Form 990, Part VI, Line 11b Review of form 990 by governing body The Audit and Risk Committee of the Board of Trustees has been delegated responsibility for reviewing the annual Form 990. Following the Audit and Risk Committee review, the 990 is distributed to the full Board of Trustees prior to its submission. Form 990, Part VI, Line 12c Conflict of interest policy The New School's policy on conflicts of interest applies to all Board of Trustee members, the senior management, as well as certain designated staff and faculty. The policy recognizes that members of the university's Board of Trustees and senior management may, from time to time, be associated, either directly or indirectly, with companies doing business with the university. The policy prohibits members of the Board of Trustees or its committees, and senior managers of the university from participating in any decisions in which he or she (or an immediate family member) has a material financial interest. For members of the Board of Trustees and senior management, the university requires an annual disclosure of significant financial interest in, or employment or consulting relationships with, entities doing business with the university. When such relationships exist, measures are taken to address the actual or perceived conflict to protect the best interest of the university and ensure compliance with relevant conflict of interest laws. The policy also requires designated administrative and academic staff, and faculty to review the policy every year and provide to the Office of Human Resources a written certification that he/she is in compliance with the policy and discloses any relationships that may represent a conflict of interest as defined by the letter or spirit of the university policy on conflicts of interest. In addition, the annual certification requires disclosure of any activities, including outside employment and professional relationships and/or transactions which might appear or Actually involve a conflict of interest with one's fiduciary, employment, or other relationship with the university. Upon review of the circumstances surrounding the conflict or potential conflict of interest involving a Trustee, Officer, Dean or Designated head of a School or program, Key Employee, Member of the Board of Governors or similar advisory committees, the Chief Legal and Human Resources Officer shall make a recommendation to the Chairman of the Board of Trustees and the President of the University as to whether the Chairman and the President should (i) determine the conflict situation or potential conflict situation to be inconsequential and approve the situation; (ii) determine the conflict situation or potential conflict situation to be consequential and avoid the situation; or (iii) refer the conflict of interest situation to a sub-committee of the Executive Committee of the Board of Trustees. Form 990, Part VI, Line 15a Process to establish compensation of top management official The Compensation Committee of the Board of Trustees is comprised of members of the Executive Committee selected by the Chairman of the Board, and reviews and approves salaries and contracts for all deans and other officers prior to hire and for renewals and promotions. The foregoing shall include additional compensation and benefits for these deans, and officers annually, such as housing allowances, bonuses, severance packages, or any proposed new benefits. The Committee is charged with assuring compliance with intermediate sanction procedures and requirements to the extent applicable to any compensation. The Committee also recommends the compensation (including salary, benefits, and other remuneration) of the President of the university to the Executive Committee for review and approval. Further, the Committee is charged with developing salary and benefits for incoming presidents and renewal of contracts for incumbent presidents for submission to the Executive Committee for approval. Additional duties of the Compensation Committee include reviewing compensation for comparable positions benchmarked against peer groups and hiring an executive compensation consultant on a regular basis. The Committee also reviews internal candidates proposed to serve as interim deans if needed, and annually reviews the list of university employees whose salaries categorize them as highly compensated individuals under IRS pension provisions. Additional authority and duties are conferred upon the Compensation Committee in accordance with the needs and initiatives of the Board. Contemporaneous notes are taken to document the process. Form 990, Part VI, Line 15b Process to establish compensation of other employees As noted above, the Compensation Committee annually reviews the list of university officers and key employees whose salaries categorize them as highly compensated individuals under IRS pension provisions. The Compensation Committee conducted a review and approval of compensation as outlined above during tax year 2019. Form 990, Part VI, Line 19 Required documents available to the public The university makes its governing documents, conflict of interest policy, Form 990 and financial statements available to the public upon request. Also, Federal Form 990, which includes financial and other disclosures, is available on Guidestar. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue INSURANCE RECOVERY - Total Revenue: 466559, Related or Exempt Function Revenue: 466559, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN VALUE OF SPLIT INTEREST - -20170; CHANGE IN POSTRETIREMENT BENEFITS - -423348; Loss on uncollectible pledges - -2053082; FREUNDE UND FORDERER VON THE NEW SCHOOL FACILITATE CONTRIBUTIONS GM 501(c)(3) 2 THE NEW SCHOOL true TNS PARSONS EDUCATION AND RESEARCH FR THE NEW SCHOOL true ANATOL SHULKIN MEMORIAL SCHOLARSHIP C/O THE NEW SCHOOL 79 FIFTH AVENUE 16TH FLOOR NEW YORK NY 10003 133010477 AWARDS SCHOLARSHIPS FOR ART & DESIGN NY 501(c)(3) PF THE NEW SCHOOL true false false false false false false false false false false false false true false true false false false false TNS PARSONS M 7688433 COST