2025-11-14T14:47:11-06:00 2024-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2024-01-01 133584516 THE NEW PRESS INC NEWP 2126298802 120 WALL STREET 31 FL NEW YORK NY 100054007 DIANE WACHTELL EXECUTIVE DIRECTOR 2126298802 2025-11-13 1 0 JESSICA DIGIAMO DIAZ P01994693 2126972299 2024 2025-03-06 01:10:19Z DIANE WACHTELL 120 WALL STREET 31 FL NEW YORK NY 100054007 9143294 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. 18 17 43 21 0 0 1967905 2762797 323776 279360 46449 79061 821851 1506241 3159981 4627459 0 0 0 0 3188874 3566887 0 0 764271 2451435 2321221 5640309 5888108 -2480328 -1260649 8087640 6346824 2803649 2319427 5283991 4027397 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 4315038 1750813 WHILE THE YEAR CLOSED WITH A DEFICIT, THE RESULT WAS IN LINE WITH PROJECTIONS AND REFLECTS A MEANINGFUL IMPROVEMENT OVER 2023. MARKET-WIDE SOFTNESS IN NONFICTION, PARTICULARLY FOR BACKLIST-LED PUBLISHERS, CONTINUED TO PRESSURE SALES, AND WE ADJUSTED OPERATIONS ACCORDINGLY.IN 2024 WE PUBLISHED 32 FRONTLIST TITLES (UP ONE FROM 2023). OUR TOP FIVE TITLES ACCOUNTED FOR 31% OF TOTAL SALES: STOLEN PRIDE, THE NEW JIM CROW, LIES MY TEACHER TOLD ME, TROUBLEMAKERS, AND HOW TO WIN A CIVIL WAR. BOTH EARNED AND CONTRIBUTED REVENUE TRACKED CLOSE TO BUDGET, CONTRIBUTING TO THE YEAR-OVER-YEAR IMPROVEMENT DESPITE THE CHALLENGING RETAIL ENVIRONMENT. 4315038 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 1 319 0 1 43 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 17 0 0 1 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 BRAD HEBEL 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 229466 0 38695 ELLEN ADLER PUBLISHER 35.00 X X 170280 0 20035 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 JONATHAN KLEIN 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 JOSANNE LOPEZ DIRECTOR 1.00 X 0 0 0 ROBERT RABEN 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 FINANCIAL AND ADMIN OFFICER 35.00 X 196266 0 21234 TANYA COKE SENIOR FELLOW 35.00 X 182443 0 9510 MARC FAVREAU DIRECTOR OF EDITORIAL OPERATIONS 35.00 X 180250 0 8617 NATALIE SCHULMONDS CHIEF DEVELOPMENT OFFICER 35.00 X 171700 0 19103 FRANCIENE FORTE SENIOR DIRECTOR OF PRODUCTION 35.00 X 108890 0 21600 1239295 0 138794 7 0 1 0 MAPLE PRESS 232 MADISON AVE NEW YORK NY 10016 PRINTING, DESIGN, MAILING, BINDERY 866620 INGRAM CONTENT GROUP 869 NESTLY WAY BREINIGSVILLE PA 18031 DISTRIBUTOR 828275 2 125406 40000 2597391 11119 2762797 SUBRIGHTS INCOME 513130 279360 279360 279360 55728 55728 34788 0 34788 34788 34788 2265568 2242235 23333 23333 23333 3094 125406 3094 0 3725102 2270506 1454596 1454596 OTHER INCOME 900099 16857 16857 16857 4627459 1750813 0 113849 650182 275578 297167 77437 2312692 1805653 207196 299843 32119 22710 5338 4071 326885 244805 42378 39702 245009 173235 40719 31055 22037 14410 4343 3284 47031 47031 1578 1578 264003 75625 22791 165587 338927 333339 3181 2407 143851 94241 28249 21361 371487 248114 70255 53118 66197 43411 12975 9811 7952 5200 1567 1185 44338 28994 8738 6606 DISTRIBUTION 669543 669543 DISPOSAL OF INVENTORY 229509 229509 EMPLOYMENT SERVICE COST 66844 43666 13183 9995 EVENT EXPENSES 37213 37213 10711 7005 2110 1596 5888108 4315038 808799 764271 651740 599208 654878 155859 290235 569567 1035196 1033019 1034728 890044 11137 11929 206008 173601 40359 32407 1638175 552499 2731192 2502292 8087640 6346824 568310 463013 2235339 1856414 2803649 2319427 X 3850969 2378215 1433022 1649182 5283991 4027397 8087640 6346824 -1260649 4055 0 X 0 1 X 1 0 X 2296573 3363630 2589452 1967905 2762797 12980357 8519016 6128864 4906393 3643449 4004462 27202184 10815589 9492494 7495845 5611354 6767259 40182541 2050900 2431431 1740401 1594608 2327250 10144590 0 2050900 2431431 1740401 1594608 2327250 10144590 30037951 98651 85039 47266 78696 90516 400168 98651 85039 47266 78696 90516 400168 176575 11711 7550 16857 212693 11090815 9589244 7543111 5697600 6874632 40795402 0.73630 0.75980 0.00980 0.00980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 107056 75804 31252 70435 69280 1155 28517 28517 0 32407 AUTHOR ADVANCES, NET 1244992 OPERATING RIGHT-OF-USE ASSET 1257300 2502292 ROYALTIES PAYABLE 426599 OPERATING LEASE LIABILITY 1429815 1856414 4831267 4055 201331 205386 4625881 1578 1578 4627459 6087861 201331 201331 5886530 1578 1578 5888108 EUROPE, NORTH AMERICA (NOT INCLUDING USA) 0 0 PROGRAM SERVICES BOOK SALES THROUGH DISTRIBUTOR 22813 0 0 0 0 0 0 22813 0 22813 0 0 0 0 0 0 GALA 128500 125406 3094 3094 128500 125406 3094 3094 3094 0 X X X X 0 0 0 0 0 0 0 0 0 DIANE WACHTELL EXECUTIVE DIRECTOR 229466 0 0 0 0 0 10039 0 28656 0 268161 0 0 0 ELLEN ADLER PUBLISHER 170280 0 0 0 0 0 7169 0 12866 0 190315 0 0 0 ROSA M DEL SAZ CHIEF FINANCIAL AND ADMIN OFFICER 196266 0 0 0 0 0 8587 0 12647 0 217500 0 0 0 TANYA COKE SENIOR FELLOW 182443 0 0 0 0 0 8682 0 828 0 191953 0 0 0 MARC FAVREAU DIRECTOR OF EDITORIAL OPERATIONS 180250 0 0 0 0 0 7886 0 731 0 188867 0 0 0 NATALIE SCHULMONDS CHIEF DEVELOPMENT OFFICER 171700 0 0 0 0 0 7512 0 11591 0 190803 0 0 0 FORM 990, PART I, LINE 5 IN CALENDAR YEAR 2024, THE ORGANIZATION EMPLOYED 43 INDIVIDUALS WHICH CONSISTED OF 37 FULL-TIME EMPLOYEES AND 6 TEMPS/INTERNS EMPLOYED ON A PART-TIME OR SHORT-TERM BASIS. FORM 990, PART VI, SECTION A, LINE 4 IN OCTOBER 2024, THE BYLAWS WERE AMENDED TO: REMOVE THE PUBLISHER AS AN EX-OFFICIO MEMBER OF THE BOARD; CLARIFY THE TERM OF THE BOARD CHAIR; REMOVE REQUIREMENT THAT MAJORITY OF THE FINANCE COMMITTEE SHOULD BE DIRECTORS; AND REMOVE THE REQUIREMENT THAT THE FINANCE COMMITTEE APPOINTS THE CHAIR OF THE AUDIT COMMITTEE. 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.