The New City School
The New City School reported $11.6 million in revenue and $11.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $79.51 went to program services, $16.42 to management and general costs and $4.07 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 81.3% of the total. The highest compensation it reported for one person was $427,239 (Head of School). 5 people received more than $100,000 in reportable compensation. Revenue rose 11% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $11MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $12MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 79.5% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 16.4% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 4.1% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.75 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 5.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 81.3% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $427,239 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.78% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 5 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 27.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 22 of 23 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe New City School provides an unparalleled elementary academic education, that is the foundation for success in secondary schooling and beyond, to students ranging in age from age three through grade six. New City students learn fundamental tools and skills through a rigorous and comprehensive curriculum taught by dedicated and experienced teachers
The New City School provides quality After School Care and Camp Programming to the community. Students in the After School Program are in the care of experienced staff memebrs from 3:30 until as late as 6:00 P.M. In the After School Program children have a snack, play outside, do homework, play games, and read stories.Camp Programming is available during Spring Break, Winter Break, and the summer. The New City School also offers a program called "No School at School" when school is not in session during the school year and parents need child care
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Head of School Director/trustee, officer, 60.00 hrs/week | $380,172 | $0 | $47,067 | $427,239 |
| Director of Finance and Operations Highest compensated employee, 55.00 hrs/week | $139,884 | $0 | $22,116 | $162,000 |
| Early Elementary Division Head Highest compensated employee, 55.00 hrs/week | $121,082 | $0 | $33,710 | $154,792 |
| Upper Elementary Division Head Highest compensated employee, 55.00 hrs/week | $131,044 | $0 | $6,552 | $137,596 |
| Director of Advancement Highest compensated employee, 55.00 hrs/week | $103,394 | $0 | $18,049 | $121,443 |
5 people received more than $100,000 in reportable compensation from The New City School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $392K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b23 · 22 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5175
- Volunteers Part I, line 6120
Private foundation grants it received
8 private foundations reported grants to The New City School totaling $1.3M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The New City School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The New City School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The New City School spent in FY2025, $79.51 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Indiana Afterschool NetworkIndianapolis, IN · revenue $12M · programs 63.9% · 2024
- Lorain County Community College FoundationElyria, OH · revenue $12M · programs 70.8% · FY2025
- St Andrews on the MarshSavannah, GA · revenue $12M · programs 75.2% · FY2025
- Cpm Educational ProgramElk Grove, CA · revenue $12M · programs 78.6% · 2024
- The Chicago Math & Science Academy Charter SchoolChicago, IL · revenue $12M · programs 74.2% · FY2025
Questions people ask
How much of The New City School's spending goes to programs?
In the fiscal year ending June 30, 2025, The New City School reported that 79.5% of its $11.3 million in expenses went to program services, 16.4% to management and general and 4.1% to fundraising (Form 990, Part IX).
How much does The New City School pay its top executive?
The largest total compensation The New City School reported for one person in the fiscal year ending June 30, 2025 was $427,239, for the role of Head of School (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The New City School get its money?
Of $11.6 million in revenue in the fiscal year ending June 30, 2025, 5.3% came from contributions and grants and 81.3% from program service revenue (Form 990, Part VIII).
Is The New City School a registered charity?
The IRS lists EIN 43-0915883 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202513589349300506 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202443409349300024 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410689349300146 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311119349300216 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202103169349310870 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202033159349300643 · read the filing
All filings for EIN 43-0915883: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.