Nonprofit · EIN 13-3584516
THE NEW PRESS INC
Tax-exempt · NEW YORK, NY 10005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,627,459 | $5,888,108 | -$1,260,649 | $6,346,824 | $2,319,427 | $4,027,397 |
| December 31, 2023 | 990 (amended) | $3,159,981 | $5,640,309 | -$2,480,328 | $8,087,640 | $2,803,649 | $5,283,991 |
| December 31, 2022 | 990 (amended) | $4,787,117 | $5,058,366 | -$271,249 | $11,028,719 | $3,281,361 | $7,747,358 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,762,797
- of which government grants
- $40,000
- Program service revenue
- $279,360
- Investment income
- $79,061
- Net rental income
- $34,788
- Net gain from sales of assets
- $23,333
- Net income from sales of inventory
- $1,454,596
- Other revenue
- $1,506,241
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $650,182
- Other salaries and wages
- $2,312,692
- Salaries, compensation and benefits (total)
- $3,566,887
- Professional fundraising fees
- $0
- Legal fees
- $22,037
- Accounting fees
- $47,031
- Occupancy
- $371,487
- Travel
- $66,197
- Depreciation
- $7,952
- Program services (functional)
- $4,315,038
- Management and general (functional)
- $808,799
- Fundraising (functional)
- $764,271
Balance sheet and other
- Total assets, start of year
- $8,087,640
- Total assets, end of year
- $6,346,824
- Total liabilities, end of year
- $2,319,427
- Net assets, end of year
- $4,027,397
- Land, buildings and equipment
- $32,407
- Publicly traded securities
- $552,499
- Net assets without donor restrictions
- $2,378,215
- Net assets with donor restrictions
- $1,649,182
- Gross receipts
- $9,143,294
- Employees
- 43
- Volunteers
- 21
- Year formed
- 1990
- State of legal domicile
- NY
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DIANE WACHTELL | EXECUTIVE DIRECTOR Trustee or director, Officer | 35 | $229,466 | $38,695 |
| ROSA M DEL SAZ | CHIEF FINANCIAL AND ADMIN OFFICER Officer | 35 | $196,266 | $21,234 |
| TANYA COKE | SENIOR FELLOW Highest-paid employee | 35 | $182,443 | $9,510 |
| NATALIE SCHULMONDS | CHIEF DEVELOPMENT OFFICER Highest-paid employee | 35 | $171,700 | $19,103 |
| ELLEN ADLER | PUBLISHER Trustee or director, Officer | 35 | $170,280 | $20,035 |
| MARC FAVREAU | DIRECTOR OF EDITORIAL OPERATIONS Highest-paid employee | 35 | $180,250 | $8,617 |
| FRANCIENE FORTE | SENIOR DIRECTOR OF PRODUCTION Highest-paid employee | 35 | $108,890 | $21,600 |
| GARA LAMARCHE | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| THEODORE M SHAW | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BRAD HEBEL | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| SARAH BURNES | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JONATHAN S ABADY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JESSICA BAUMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN ANTHONY BUTLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF DEUTSCH | DIRECTOR Trustee or director | 1 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRUCE GOTTLIEB | DIRECTOR Trustee or director | 1 | $0 |
| JONATHAN KLEIN | DIRECTOR Trustee or director | 1 | $0 |
| VIVIEN LABATON | DIRECTOR Trustee or director | 1 | $0 |
| SUSAN LEHMAN | DIRECTOR Trustee or director | 1 | $0 |
| JOSANNE LOPEZ | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT RABEN | DIRECTOR Trustee or director | 1 | $0 |
| NABIHA SYED | DIRECTOR Trustee or director | 1 | $0 |
| TINA C WEINER | DIRECTOR Trustee or director | 1 | $0 |
| LAURA WALKER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELLEN ADLER | PUBLISHER Trustee or director, Officer | 35 | $212,170 | $34,532 |
| DIANE WACHTELL | EXECUTIVE DIRECTOR Trustee or director, Officer | 35 | $218,380 | $26,605 |
| ROSA M DEL SAZ | CHIEF FINANCE & ADMIN OFFICER Officer | 35 | $191,091 | $21,915 |
| MARC FAVREAU | DIRECTOR OF EDITORIAL OPERATIONS Highest-paid employee | 35 | $147,317 | $7,630 |
| BRIAN ULICKY | ASSOCIATE PUBLISHER Highest-paid employee | 35 | $120,955 | $18,022 |
| FRAN FORTE | SENIOR DIRECTOR OF PRODUCTION Highest-paid employee | 35 | $102,872 | $13,177 |
| GARA LAMARCHE | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| THEODORE M SHAW | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| AMY GLICKMAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| SARAH BURNES | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JONATHAN S ABADY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JESSICA BAUMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN ANTHONY BUTLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF DEUTSCH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRUCE GOTTLIEB | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRAD HEBEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VIVIEN LABATON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN LEHMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT RABEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FREDERICK AO SCHWARZ JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NABIHA SYED | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TINA C WEINER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LAURA WALKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2022: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DIANE WACHTELL | EXECUTIVE DIRECTOR Trustee or director, Officer | 35 | $233,552 | $44,408 |
| ELLEN ADLER | PUBLISHER Trustee or director, Officer | 35 | $232,751 | $34,764 |
| JAMES PHELAN | DIRECTOR OF DEVELOPMENT Highest-paid employee | 35 | $141,412 | $41,355 |
| ROSA M DEL SAZ AS OF 42022 | CHIEF FINANCE & ADMIN OFFICER Officer | 35 | $131,299 | $13,595 |
| MARC FAVREAU | EDITORIAL DIRECTOR Highest-paid employee | 35 | $131,880 | $7,647 |
| BRIAN ULICKY | DIRECTOR OF MARKETING & PU Highest-paid employee | 35 | $116,130 | $16,889 |
| FRAN FORTE | DIRECTOR OF PRODUCTION Highest-paid employee | 35 | $105,756 | $17,298 |
| CARLINE YUP TO 52022 | DIRECTOR OF FINANCE Officer | 35 | $104,903 | $10,227 |
| GARA LAMARCHE | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| THEODORE M SHAW | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| AMY GLICKMAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| SARAH BURNES | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JONATHAN S ABADY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JESSICA BAUMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN ANTHONY BUTLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF DEUTSCH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRUCE GOTTLIEB | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRAD HEBEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VIVIEN LABATON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SUSAN LEHMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT RABEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FREDERICK AO SCHWARZ JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NABIHA SYED | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TINA C WEINER | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 120 WALL ST FL 31, NEW YORK, NY 10005-4007
- Principal officer (990 for 2024)
- DIANE WACHTELL, 120 WALL STREET 31 FL, NEW YORK, NY 100054007
- Signed the 990
- DIANE WACHTELL, EXECUTIVE DIRECTOR
- Phone
- (212) 629-8802
- Website
- WWW.THENEWPRESS.COM
- Return prepared by
- LUTZ AND CARR CPAS LLP
Mission
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.
Program accomplishments
- 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.Expenses $4,315,038 · revenue $1,750,813
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3584516
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A330)
- Assets (IRS master file)
- $6,346,824
- Income (IRS master file)
- $9,143,294
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,627,459 | $5,888,108 | $6,346,824 | XML |
| 990 | December 2023 | $3,159,981 | $5,640,309 | $8,087,640 | XML |
| 990 | December 2022 | $4,787,117 | $5,058,366 | $11,028,719 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 13-3584516).
Questions about THE NEW PRESS INC
- What is the EIN of THE NEW PRESS INC?
- The employer identification number (EIN) of THE NEW PRESS INC is 13-3584516.
- Is THE NEW PRESS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to THE NEW PRESS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE NEW PRESS INC 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 NEW PRESS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE NEW PRESS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE NEW PRESS INC?
- The 990 for the year ended December 31, 2024 names DIANE WACHTELL.
- Who are the officers and directors of THE NEW PRESS INC?
- The 990 for the year ended December 31, 2024 lists 24 people; 7 received compensation from the organization, the highest $229,466 (DIANE WACHTELL, EXECUTIVE DIRECTOR).
- How much revenue does THE NEW PRESS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,627,459, expenses of $5,888,108 and total assets of $6,346,824 at year end.
Other nonprofits in NEW YORK
- THE METROPOLITAN MUSEUM OF ART EIN 13-1624086 · last filed 990 for 2025
- MUSEUM OF MODERN ART EIN 13-1624100 · last filed 990 for 2025
- METROPOLITAN OPERA ASSOCIATION INC EIN 13-1624087 · last filed 990 for 2025
- AMERICAN MUSEUM OF NATURAL HISTORY EIN 13-6162659 · last filed 990 for 2025
- LINCOLN CENTER FOR THE PERFORMING ARTS INC EIN 13-1847137 · last filed 990 for 2025
- WHITNEY MUSEUM OF AMERICAN ART EIN 13-1789318 · last filed 990 for 2025
- SESAME WORKSHOP EIN 13-2655731 · last filed 990 for 2025
- ROYAL NATIONAL THEATRE EIN 38-3866410 · last filed 990 for 2025
All nonprofits in NEW YORK · New York · Arts, culture and humanities