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New America Foundation

Also known as New America

Washington, DC · EIN 52-2096845 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

New America Foundation reported $37.2 million in revenue and $41.3 million in expenses for calendar year 2024. Of every $100 it spent, $79.12 went to program services, $16.63 to management and general costs and $4.25 to fundraising. Its largest source of revenue was contributions and grants: 90.8% of the total. The highest compensation it reported for one person was $609,860 (CEO). 74 people received more than $100,000 in reportable compensation. Revenue fell 11% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $41M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $37M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 2,433 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
79.1%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
16.6%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
4.2%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.05$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
90.8%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
2.4%3.8%
Program service revenue share
Part VIII 2g ÷ 12
3.6%58.9%
Highest reported compensation
Part VII-A, columns D–F
$609,860$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.48%1.38%
People paid over $100,000
Part VII, line 2
746
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
15.26.8
Independent voting board members
Part VI 1a–1b
17 of 19100.0%

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

2024 · Form 990, Part III · the three largest programs by expense
$22M expenses · 66.0% of program spending · grants $1.1M · revenue $714K

Domestic policy programseducation policy program: the education policy program uses original research and policy analysis to help solve the nation's critical education problems, crafting objective analyses and suggesting new ideas for policymakers, educators, and the public at large. New America combines a steadfast concern for historically disadvantaged populations with a belief that better information about education can vastly improve both the policies that govern educational institutions and the quality of learning itself. The education policy program contains several sub-programs:the…

$5.6M expenses · 17.0% of program spending · grants $559K · revenue $575K

Technology policy programsopen technology institute: the open technology institute strengthens communities through grounded research, technological innovation, and policy reform. New America creates reform to support open-source innovations and foster open technologies and communications networks. Partnering with communities, researchers, industry and public interest groups, New America promotes affordable, universal, and ubiquitous communications networks. In 2024 the program contained one initiative:the wireless futures project develops and advocates policy proposals to promote universal…

$2.4M expenses · 7.4% of program spending · grants $396K

Global policy programsfuture security initiative: future security initiative is a collaboration between New America and arizona state university that reconceptualizes U.S. Security policy as a holistic engagement with current and future challenges including domestic terrorism, armed drones, climate change, pandemics, rising authoritarianism, and new and emerging technologies. Fsi generates transformative ideas and solutions grounded in concrete, transdisciplinary efforts to improve human flourishing and well-being. Focus areas include tracking drone strikes, tracking terrorism in america post…

$3.2M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Director/trustee, officer, 40.00 hrs/week
$570,709$0$39,151$609,860
PRESIDENT & CTO
Officer, 40.00 hrs/week
$438,951$0$49,146$488,097
COO
Officer, 40.00 hrs/week
$301,435$0$65,728$367,163
VP. GLOBAL STUDIES & FELLOWS
Highest compensated employee, 40.00 hrs/week
$293,962$0$69,095$363,057
VP. EDU. POLICY & KNOWLEDGE MGMT
Key employee, 40.00 hrs/week
$291,023$0$33,782$324,805
VP. DEVELOPMENT & STRATEGIC
Highest compensated employee, 40.00 hrs/week
$265,457$0$38,734$304,191
VP. TECH AND DEMOCRACY PROGRAMS
Key employee, 40.00 hrs/week
$230,442$0$49,576$280,018
SENIOR DIRECTOR, NEW PRACTICE LAB
Key employee, 40.00 hrs/week
$246,048$0$25,954$272,002

74 people received more than $100,000 in reportable compensation from New America Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.9M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$37M$41M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$37M$41M79.1%$52M$609,860
2023 ⓘ$47M$41M79.6%$56M$567,755
2022 ⓘ$40M$34M78.4%$50M$569,334
2021 ⓘ$41M$37M82.5%$45M$552,514
2020 ⓘ$48M$36M87.4%$41M$567,470
2019 ⓘ$42M$38M82.9%$29M$579,322

Governance answers, as filed

2024 · 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–1b19 · 17 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 4Yes
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5196
  • Volunteers Part I, line 617

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
EQUAL MEASURE
Strategic planning services for paya
$231,860
LITTLE CRANE CONSULTING INC
Consulting services for new practice lab
$186,687
MARATHON STRATEGIES LLC
Consulting services for new practice lab
$180,000
THE PODGLOMERATE LLC
Consulting services - the progress netwo
$164,919
NORC AT THE UNIVERSITY OF CHICAGO
Research and comm services for higher ed
$149,000

Individuals listed as contractors are left out. 14 contractors were paid more than $100,000 in all.

Private foundation grants it received

35 private foundations reported grants to New America Foundation totaling $28M 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 New America Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for New America Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in District of Columbia

Questions people ask

How much of New America Foundation's spending goes to programs?

In calendar year 2024, New America Foundation reported that 79.1% of its $41.3 million in expenses went to program services, 16.6% to management and general and 4.2% to fundraising (Form 990, Part IX).

How much does New America Foundation pay its top executive?

The largest total compensation New America Foundation reported for one person in calendar year 2024 was $609,860, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does New America Foundation get its money?

Of $37.2 million in revenue in calendar year 2024, 90.8% came from contributions and grants (including 2.4% from government grants) and 3.6% from program service revenue (Form 990, Part VIII).

Is New America Foundation a registered charity?

The IRS lists EIN 52-2096845 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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

  • 2024: Form 990 for calendar year 2024, object 202513109349304131 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443199349313534 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333149349305283 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203149349304085 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202103169349302660 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202013149349300721 · read the filing

All filings for EIN 52-2096845: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.