The New School
The New School
The New School
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$588,124,752
Program Services
91%
Contributions
6%
Government Grants
1%
Investments
<1%
Fundraising Events
<1%
Other
<1%
Membership Dues
0%
Expenses in 2024
$639,435,391
Salaries & Benefits
45%
Grants
26%
Offices, Occupancy & IT
9%
Other
5%
Fees to Service Providers
5%
Depreciation
4%
Interest
4%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$22,022,478
$35,220,662
+60%
Government Grants
$12,241,464
$8,745,953
-29%
Fundraising Events
$1,187,950
$513,967
-57%
Program Services
$551,827,359
$537,999,962
-3%
Membership Dues
$0
$0
-
Investments
$8,015,539
$5,619,466
-30%
Other
$7,606,572
$24,742
-100%
Total Revenues
$602,901,362
$588,124,752
-2%
Expenses
2023
2024
Change
Grants
$159,235,643
$167,418,892
+5%
Benefits to Members
$0
$0
-
Salaries & Benefits
$270,545,621
$289,309,296
+7%
Fees to Service Providers
$28,953,097
$32,238,811
+11%
Advertising & Promotion
$4,678,494
$3,843,030
-18%
Offices, Occupancy & IT
$63,486,112
$59,050,177
-7%
Interest
$23,581,460
$25,366,214
+8%
Depreciation
$26,857,239
$28,350,570
+6%
Other
$36,494,784
$33,858,401
-7%
Total Expenses
$613,832,450
$639,435,391
+4%
Net income
2023
2024
Change
Net income
-$10,931,088
-$51,310,639
-369%
Functional Expenses
Summary
2023
2024
Change
Program
$530,094,533
$552,942,847
+4%
Admin
$79,673,756
$81,498,728
+2%
Fundraising
$4,064,161
$4,993,816
+23%
Total Expenses
$613,832,450
$639,435,391
+4%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)