nonprofit logo

The New Press Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133584516 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is The New Press Inc?

The New Press Inc, based in New York City, is a nonprofit publishing organization that focuses on disseminating books of cultural, historical, and educational value. These publications often tackle subjects with less commercial appeal, thereby expanding societal and educational awareness. Despite facing challenges typical to publishers with predominantly nonfiction lists, The New Press had a solid year in 2022. Their frontlist sales exceeded projections, while their backlist sales showed a decline from the exceptional revenues in 2020 and 2021. Contributed revenues also saw a decrease. The organization has maintained a healthy financial position with over $4 million in cash on hand by the end of 2022. In addition to publishing, The New Press organizes public forums for discussions on issues covered in their books, featuring their authors. The organization currently employs 38 individuals.


Official website here: www.thenewpress.com

Is The New Press Inc legitimate?

The New Press Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New Press Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $805,502
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,604,194

For more financial information, click here


Official website here: www.thenewpress.com

What is the mission statement of The New Press Inc?

The New Press Inc, as an organization, is committed to publishing books of cultural, historical, and educational value that may be overlooked by commercial publishers due to perceived lack of profitability. Their primary mission is to increase educational and social awareness through the publication of such books, often written by authors or about subjects that are not deemed commercially viable. In addition to publishing, The New Press Inc also organizes free public forums for discussions about the issues addressed in their books, facilitated by the authors themselves. These events provide a platform for open dialogue and further exploration of the themes presented in their publications.


Official website here: www.thenewpress.com

Who is the CEO of The New Press Inc?

Diane Wachtell is the Chair of The New Press Inc.


Official website here: www.thenewpress.com

What is the revenue of The New Press Inc?

The New Press Inc's revenue in 2022 was $5,201,397.


Official website here: www.thenewpress.com

Who are the executives of The New Press Inc and what are their salaries?

The average compensation at The New Press Inc during 2022 was $63,413. There are 38 employees and 20 volunteers at The New Press Inc.

Here are 24 key members and their salaries:

    Diane Wachtell (Executive Director)
  • Compensation: $233,552
  • Related: $0
  • Other: $44,408

    • Ellen Adler (Publisher) [Trustee/Director]
  • Compensation: $232,751
  • Related: $0
  • Other: $34,764

    • James Phelan (Director Of Development)
  • Compensation: $141,412
  • Related: $0
  • Other: $41,355

    • Rosa M Del Saz As Of 42022 (Chief Finance & Admin Officer)
  • Compensation: $131,299
  • Related: $0
  • Other: $13,595

    • Marc Favreau (Editorial Director)
  • Compensation: $131,880
  • Related: $0
  • Other: $7,647

    • Brian Ulicky (Director Of Marketing & Pu)
  • Compensation: $116,130
  • Related: $0
  • Other: $16,889

    • Fran Forte (Director Of Production)
  • Compensation: $105,756
  • Related: $0
  • Other: $17,298

    • Carline Yup To 52022 (Director Of Finance)
  • Compensation: $104,903
  • Related: $0
  • Other: $10,227

    • Gara Lamarche (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theodore M Shaw (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Glickman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Burnes (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan S Abady (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Bauman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Anthony Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Deutsch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Gottlieb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Hebel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vivien Labaton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Lehman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Raben (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frederick Ao Schwarz Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nabiha Syed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tina C Weiner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thenewpress.com

    Where can I find the form 990 for The New Press Inc?

    The The New Press Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thenewpress.com

    Learn more at the official website: www.thenewpress.com

    Mission Statement of The New Press Inc

    The New Press Inc, a publishing organization, is dedicated to a mission that lies in the public interest. Their primary focus is on publishing books of cultural, historical, and educational value. These books often tackle subjects that commercial publishers may deem insufficiently profitable, thereby overlooking them. By doing so, The New Press Inc contributes to the dissemination of knowledge and awareness on various cultural, historical, and social issues.

    In addition to publishing, The New Press Inc organizes free public forums for discussions. These forums provide a platform for the authors associated with the press to engage in discourses related to the topics addressed in their books. This initiative serves to foster an active exchange of ideas and perspectives, thereby promoting further understanding and awareness on the subjects at hand.

    Impact

    This information is meant to be a general summary of The New Press Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of The New Press Inc lies in its commitment to publishing books of cultural, historical, and educational value that are often overlooked by commercial publishers. By sharing diverse perspectives and shedding light on important social issues through its publications, The New Press contributes to increasing educational and social awareness. Additionally, the organization organizes free public forums for discussions on the topics covered in their books, fostering dialogue and engagement with important issues in society. This dedication to publishing in the public interest reinforces the organization's mission to amplify voices and narratives that might otherwise go unheard.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,463
  • Program Service Revenue: $414,316
  • Gross Receipts: $7,418,175

    • Assets and Liabilities:
  • Total Assets: $9,659,193
  • Total Liabilities: $1,485,699
  • Net Assets: $8,173,494
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SUBRIGHTS INCOME

    Revenue

    $414,316

    Organization Details

    Founding Year

    1990

    Principal Officer

    Diane Wachtell

    Main Address

    120 WALL STREET 31 FL, NEW YORK, NY, 100054007

    NTEE Category

    Code: A330 - Arts

    If you are a representative of The New Press Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.