2018-11-13T10:52:23-06:00 2017-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2017-01-01 133584516 THE NEW PRESS INC NEWP 2126298802 120 WALL STREET NO 31 FL NEW YORK NY 100054007 DIANE WACHTELL EXECUTIVE DIRECTOR 2126298802 2018-11-12 1 FREDERICK MARTENS P00298107 2126972299 38.142.140.186 2018-11-12 11:01:33 ES P 7EE24DDEAA34AFAE9DF92C3D2672F42BD3DA974D 03E3EECF7E65A1A7F99EA68D2AC92F3596A19EA3 2017 2019-02-21 02:37:17Z DIANE WACHTELL 120 WALL STREET NO 31 FL NEW YORK NY 100054007 8080283 0 X WWW.THENEWPRESS.COM X 1990 NY PUBLISHING IN THE PUBLIC INTEREST BOOKS OF CULTURAL, HISTORICAL, AND/OR EDUCATIONAL VALUE THAT ARE LIKELY TO BE DEEMED INSUFFICIENTLY PROFITABLE AND HENCE OVERLOOKED BY COMMERCIAL PUBLISHERS. 16 14 51 15 0 0 899599 1366001 344916 282188 2217 2648 3807142 3535740 5053874 5186577 0 113000 0 0 2314714 2569008 0 0 586246 2554857 2581228 4869571 5263236 184303 -76659 6218539 5573742 1999086 1429886 4219453 4143856 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 TO BE PUBLISHED. ORGANIZE FREE PUBLIC FORUMS FOR DISCUSSION ABOUT ISSUES ADDRESSED IN THE NEW PRESS BOOKS BY THE NEW PRESS AUTHORS. 0 0 3877867 113000 3741934 THE NEW PRESS PUBLISHED 45 TITLES IN 2017 (31 ORIGINAL HARDCOVERS, 9 ORIGINAL PAPERBACKS AND 5 PAPERBACK CONVERSIONS). THE NEW JIM CROW CONTINUED TO BE THE LEAD TITLE IN 2017 WITH NET SALES OF $1,532,000 OF PRINT BOOKS AND $221,000 FROM SALES OF EBOOKS. STRANGERS IN THEIR OWN LAND ALSO PERFORMED WELL IN 2017, WITH NET SALES OF $439,000 FROM PRINT BOOKS AND $246,000 FROM SALES OF EBOOKS. THE NEW PRESS CELEBRATED ITS TWENTY FIFTH ANNIVERSARY IN 2017, AND SAW ITS CONTRIBUTED REVENUE RISE OVER $1,400,000. AS ALWAYS, THE NEW PRESS PARTICIPATED IN A WIDE VARIETY OF EVENT HOSTED BY PARTNER ORGANIZATIONS, FOUNDATIONS, MAJOR PUBLIC INSTITUTIONS, AND PRIVATE INDIVIDUALS, AIMED AT ADDING TO PUBLIC AWARENESS AND EDUCATION, INCREASING THE VISIBILITY OF THE NEW PRESS BOOKS AND IDEAS, AND CULTIVATING AND BROADENING CIRCLE OF SUPPORTERS. 3877867 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 1 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 199 0 1 51 1 0 0 0 0 0 1 1 0 0 0 0 X 16 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X CARLINE YUP 2126298802 120 WALL STREET NO 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 176556 0 37692 ELLEN ADLER PUBLISHER 35.00 X X 177183 0 19812 JONATHAN S ABADY DIRECTOR 1.00 X 0 0 0 MEGAN BELL 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 BOB HERBERT DIRECTOR 1.00 X 0 0 0 HELENA HUANG DIRECTOR 1.00 X 0 0 0 AZIZ HUQ DIRECTOR 1.00 X 0 0 0 IDELESSE MALAVE DIRECTOR 1.00 X 0 0 0 SABEEL RAHMAN DIRECTOR 1.00 X 0 0 0 FREDERICK AO SCHWARZ JR DIRECTOR 1.00 X 0 0 0 TINA WEINER DIRECTOR 1.00 X 0 0 0 CARLINE YUP DIRECTOR OF FINANCE 35.00 X 140584 0 25915 CARL BROMLEY EDITORIAL DIRECTOR 35.00 X 105640 0 8200 599963 0 91619 4 0 1 0 PERSEUS DISTRIBUTION 210 AMERICAN DRIVE JACKSON TN 38301 DISTRIBUTION 985734 1 106337 1259664 1366001 SUBRIGHTS INCOME 511130 282188 282188 282188 2732 2732 41779 0 41779 41779 41779 2430 2514 -84 -84 -84 50278 106337 50278 0 6300660 2840914 3459746 3459746 OTHER INCOME 900099 34215 34215 34215 5186577 3741934 0 78642 113000 113000 577742 227046 264997 85699 1511161 1058916 209021 243224 76355 53262 10814 12279 225127 154428 34473 36226 178623 111614 38805 28204 26500 26500 303524 235534 34533 33457 579861 579861 105697 64240 24008 17449 840 840 273884 166461 62209 45214 89145 57959 18009 13177 14537 8835 3302 2400 37828 37828 DISTRIBUTION 985734 985734 POSTAGE/SHIPPING 80856 49145 18364 13347 EVENT EXPENSES 52584 0 0 52584 BANK CHARGES/FEES 12192 7410 2769 2013 18046 3582 13491 973 5263236 3877867 799123 586246 95113 0 859798 796009 291914 177682 2429985 1942036 826434 922773 35794 25048 172022 59816 108008 112206 402927 412924 1168566 1185064 6218539 5573742 915911 536038 1083175 893848 1999086 1429886 X 2619549 2834432 1599904 1309424 4219453 4143856 6218539 5573742 -76659 1062 0 X 0 1 X 1 0 X 693551 1358298 915928 899599 1366001 5233377 4881826 4560348 5164089 6721608 6582848 27910719 5575377 5918646 6080017 7621207 7948849 33144096 602250 1281168 928500 784650 1031285 4627853 0 602250 1281168 928500 784650 1031285 4627853 28516243 2775 39257 38811 41948 44511 167302 2775 39257 38811 41948 44511 167302 250000 4871 33192 12711 34215 334989 5828152 5962774 6152020 7675866 8027575 33646387 0.84750 0.85470 0.00500 0.00380 X 100706 25959 74747 43126 21162 21964 28190 12695 15495 112206 AUTHOR ADVANCES, NET 1185064 1185064 ROYALTIES PAYABLE 643612 DEFERRED RENT 250236 893848 5187639 1062 1062 5186577 0 5186577 5263236 0 5263236 0 5263236 NORTH AMERICA - CANADA , NOT THE UNITED STATES 0 0 PROGRAM SERVICES BOOK SALES THROUGH DISTRIBUTOR IN REGION 68342 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES BOOK SALES THROUGH DISTRIBUTOR IN REGION 37017 0 0 0 0 0 0 105359 0 105359 0 0 0 0 0 0 ANNUAL BENEFIT 156615 106337 50278 12778 37500 NONE 156615 106337 50278 12778 37500 50278 0 1 A NEW WAY OF LIFE REENTRY PROJECT PO BOX 875288 LOS ANGELES CA 90087 954782503 501(C)(3) 113000 EDITORIAL DEVELOPMENT AND DESIGN OF A SPECIAL PAPERBACK EDITION OF "BECOMING MS. BURTON" TO BE DISTRIBUTED FREE OF CHARGE TO WOMEN AND MEN WHO ARE CURRENTLY INCARCERATED. 1 0 PART I, LINE 2: THE GRANT MADE DURING 2017 WAS PART OF A COLLABORATIVE PROJECT SUPPORTED BY A FOUNDATION GRANT RECEIVED BY THE NEW PRESS, INC. A PORTION OF THE FUNDING RECEIVED BY THE NEW PRESS, INC. WAS RE-GRANTED TO FUND A PORTION OF THE BUDGETED WORK ON THE PROJECT. UNDER A MEMORANDUM OF UNDERSTANDING WHICH OUTLINES THE TERMS OF THE RE-GRANT, THE GRANTEE IS REQUIRED TO SUBMIT REPORTS DESCRIBING PROGRESS ON THE PROGRAM AND DETAILING EXPENSES FUNDED WITH THE RE-GRANT FUNDS. X X X X 0 0 0 0 0 0 0 0 0 DIANE WACHTELL EXECUTIVE DIRECTOR 174895 0 0 0 1661 0 9078 0 28614 0 214248 0 0 0 ELLEN ADLER PUBLISHER 174818 0 0 0 2365 0 8514 0 11298 0 196995 0 0 0 CARLINE YUP DIRECTOR OF FINANCE 139952 0 0 0 632 0 6821 0 19094 0 166499 0 0 0 FORM 990, PART I, LINE 5 NUMBER OF INDIVIDUALS EMPLOYED IN CALENDAR YEAR 2017 THE 51 INDIVIDUALS EMPLOYED DURING CALENDAR YEAR 2017 CONSISTED OF 33 FULL-TIME EMPLOYEES AND 18 INTERNS EMPLOYED ON A PART-TIME OR SHORT-TERM BASIS. FORM 990, PART VI, SECTION B, LINE 11B MEMBERS OF THE AUDIT COMMITTEE REVIEW FORM 990 WHICH IS ALSO DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS FOR THEIR REVIEW 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 OTHER MEMBERS OF THE MANAGEMENT TEAM 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.