Nonprofit · EIN 13-3107679
THE SCHOOL OF PRACTICAL PHILOSOPHY
Tax-exempt · NEW YORK, NY 10150
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $2,211,017 | $1,830,491 | $380,526 | $20,879,382 | $1,030,166 | $19,849,216 |
| August 31, 2024 | 990 | $4,099,323 | $1,446,193 | $2,653,130 | $20,885,975 | $2,156,910 | $18,729,065 |
| August 31, 2023 | 990 | $3,022,208 | $1,609,517 | $1,412,691 | $17,845,257 | $1,718,561 | $16,126,696 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $69,214
- Program service revenue
- $542,590
- Investment income
- $557,968
- Net rental income
- $1,026,333
- Net gain from sales of assets
- $1,228
- Net income from sales of inventory
- $3,253
- Other revenue
- $1,041,245
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $34,500
- Salaries, compensation and benefits (total)
- $44,646
- Professional fundraising fees
- $0
- Legal fees
- $45,521
- Accounting fees
- $22,450
- Occupancy
- $34,431
- Depreciation
- $194,474
- Program services (functional)
- $1,356,426
- Management and general (functional)
- $474,065
Balance sheet and other
- Total assets, start of year
- $20,885,975
- Total assets, end of year
- $20,879,382
- Total liabilities, end of year
- $1,030,166
- Net assets, end of year
- $19,849,216
- Land, buildings and equipment
- $4,407,217
- Publicly traded securities
- $15,359,441
- Net assets without donor restrictions
- $19,849,216
- Gross unrelated business income
- $10,500
- Gross receipts
- $6,450,987
- Employees
- 2
- Volunteers
- 225
- Year formed
- 1964
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOWARD SCHOTT | PRESIDENT Trustee or director, Officer | 5 | $0 |
| DONALD WIEGMANN | VICE PRESIDE Trustee or director, Officer | 5 | $0 |
| DEVANG GAMBHIRWALA | TREASURER Trustee or director, Officer | 5 | $0 |
| JAIME RATHORE | SECRETARY Trustee or director, Officer | 5 | $0 |
| RUSSELL BOSWORTH | TRUSTEE/PRIN Trustee or director | 2 | $0 |
| MARY BOSWORTH | TRUSTEE Trustee or director | 2 | $0 |
| KATHLEEN KIGEL | TRUSTEE Trustee or director | 2 | $0 |
| HARRY MAWYIN | TRUSTEE Trustee or director | 2 | $0 |
| DONALD WIEGMANN | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended August 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOWARD SCHOTT | PRESIDENT Trustee or director, Officer | 5 | $0 |
| ALLAN MOLLER | VICE PRESIDE Trustee or director, Officer | 5 | $0 |
| MARY BOSWORTH | TREASURER Trustee or director, Officer | 6 | $0 |
| JAIME RATHORE | SECRETARY Trustee or director, Officer | 2 | $0 |
| RUSSELL BOSWORTH | BOARD MEMBER Trustee or director | 2 | $0 |
| DEVANG GAMBHIRWALA | BOARD MEMBER Trustee or director | 2 | $0 |
| KATHLEEN KIGEL | BOARD MEMBER Trustee or director | 2 | $0 |
| HARRY MAWYIN | BOARD MEMBER Trustee or director | 2 | $0 |
| DONALD WIEGMANN | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended August 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOWARD SCHOTT | PRESIDENT Trustee or director, Officer | 5 | $0 |
| ALLAN MOLLER | VICE PRESIDE Trustee or director, Officer | 5 | $0 |
| MARY BOSWORTH | TREASURER Trustee or director, Officer | 6 | $0 |
| EARL MILLER | SECRETARY Trustee or director, Officer | 2 | $0 |
| RUSSELL BOSWORTH | BOARD MEMBER Trustee or director | 2 | $0 |
| KATHLEEN KIGEL | BOARD MEMBER Trustee or director | 2 | $0 |
| DEVANG GAMBHIRWALA | BOARD MEMBER Trustee or director | 2 | $0 |
| JAIME RATHORE | BOARD MEMBER Trustee or director | 2 | $0 |
| DONALD WIEGMANN | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1825, NEW YORK, NY 10150-1825
- Principal officer (990 for 2024)
- HOWARD SCHOTT, PO BOX 1825, NEW YORK, NY 10150
- Signed the 990
- DEVANG GAMBHIRWALA, TREASURER
- Phone
- (877) 744-5669
- Return prepared by
- CULLEN & DANOWSKI LLP
Mission
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO TEACH COURSES DESIGNED TO SHOW HOW GREAT PHILOSOPHICAL IDEAS MAY BE PUT TO EFFECTIVE USE IN DAILY LIFE.
Program accomplishments
- PHILOSOPHICAL IDEAS MAY BE PUT TO EFFECTIVE USE IN DAILY LIFE.Expenses $1,356,426 · revenue $542,590
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 13-3107679
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1982
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $20,879,382
- Income (IRS master file)
- $6,450,987
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $2,211,017 | $1,830,491 | $20,879,382 | XML |
| 990-T | August 2025 | – | – | – | IRS |
| 990 | August 2024 | $4,099,323 | $1,446,193 | $20,885,975 | XML |
| 990-T | August 2024 | – | – | – | IRS |
| 990 | August 2023 | $3,022,208 | $1,609,517 | $17,845,257 | XML |
| 990 | August 2022 | $2,830,569 | $1,316,932 | $16,007,879 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3107679).
Questions about THE SCHOOL OF PRACTICAL PHILOSOPHY
- What is the EIN of THE SCHOOL OF PRACTICAL PHILOSOPHY?
- The employer identification number (EIN) of THE SCHOOL OF PRACTICAL PHILOSOPHY is 13-3107679.
- Is THE SCHOOL OF PRACTICAL PHILOSOPHY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to THE SCHOOL OF PRACTICAL PHILOSOPHY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE SCHOOL OF PRACTICAL PHILOSOPHY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE SCHOOL OF PRACTICAL PHILOSOPHY due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE SCHOOL OF PRACTICAL PHILOSOPHY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of THE SCHOOL OF PRACTICAL PHILOSOPHY?
- The 990 for the year ended August 31, 2025 names HOWARD SCHOTT.
- Who are the officers and directors of THE SCHOOL OF PRACTICAL PHILOSOPHY?
- The 990 for the year ended August 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does THE SCHOOL OF PRACTICAL PHILOSOPHY have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $2,211,017, expenses of $1,830,491 and total assets of $20,879,382 at year end.
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