Program areas at New Press
This was an unusual year for The organization, with both revenue streams seeing a decline. Like many publishers with nonfiction-heavy lists, we faced industry-wide challenges that impacted our total earned revenue. We published 31 frontlist titles in 2023. Our top 5 titles represented 22% of our total sales. The top five titles were The New jim crow, lies my teacher told me, troublemakers, critical race theory, and except for palestine. With two titles (charisma's turn and The paperback of elie mystal' s allow me to retort) selling over 5000 copies. (continued on schedule o)both sales and revenue fell below recent years' levels. However, our cash position remains strong, and we closed The year with nearly $3 million in cash.
Who funds New Press
Grants from foundations and other nonprofits
Personnel at New Press
| Name | Title | Compensation | Date of data |
|---|
| Rosa M del Saz | Chief Finance and Administration Officer | $131,299 | 2022-12-31 |
| Diane Wachtell | Executive Director | $233,552 | 2024-07-17 |
| Carline Yup | Director of Finance and Chief Financial Officer / Director of Finance / Chief Financial Officer | $104,903 | 2022-12-31 |
| James Phelan | Director of Development | $141,412 | 2022-12-31 |
| Fran Forte | Director of Production / Production Director | $105,756 | 2022-12-31 |
| ...and 2 more key personnel |
Financials for New Press
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $1,967,905 | $2,589,452 | -24% |
| Program services | $323,776 | $454,749 | -28.8% |
| Investment income and dividends | $42,536 | $3,035 | 1301.5% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $36,160 | $44,231 | -18.2% |
| Net gain from sale of non-inventory assets | $3,913 | $0 | 999% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $778,141 | $1,646,164 | -52.7% |
| Miscellaneous revenues | $7,550 | $49,486 | -84.7% |
| Total revenues | $3,159,981 | $4,787,117 | -34% |
Organizations like New Press
| Organization | Type | Location | Revenue |
|---|
| Paris Review Foundation | 501(c)(3) | New York, NY | $3,754,518 |
| Los Angeles Review of Books | 501(c)(3) | Los Angeles, CA | $1,031,214 |
| The University of North Carolina Press | 501(c)(3) | Chapel Hill, NC | $7,346,771 |
| Milkweed Editions | 501(c)(3) | Minneapolis, MN | $4,600,767 |
| Archipelago Books | 501(c)(3) | Brooklyn, NY | $909,104 |
| The Kenyon Review | 501(c)(3) | Gambier, OH | $2,922,738 |
| Coda Media | 501(c)(3) | New York, NY | $1,623,124 |
| The Philadelphia Citizen | 501(c)(3) | Philadelphia, PA | $1,217,521 |
| Type Media Center | 501(c)(3) | New York, NY | $2,375,591 |
| Deep Vellum Publishing | 501(c)(3) | Dallas, TX | $1,536,337 |
Data update history
February 20, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 18, 2025
Updated personnel
Identified 1 new personnel
January 11, 2025
Used new vendors
Identified 1 new vendor, including
October 21, 2024
Received grants
Identified 5 new grant, including a grant for $300,000 from The JPB Foundation Nonprofit Types
Arts, culture, and humanities nonprofitsMedia and communications organizationsCharities
Issues
Arts, cultural, and humanities
Characteristics
ChristianReligiousFundraising eventsOperates internationallyReceives government fundingGala fundraisersTax deductible donationsAccepts online donations
General information
- Address
- 120 Wall St 31 FL
- New York, NY 10005
- Metro area
- New York-Newark-Jersey City, NY-NJ-PA
- County
- New York County, NY
- Website URL
- thenewpress.com/Â
- Phone
- (212) 629-8802
- Facebook page
- newpressbooksÂ
- Twitter profile
- @thenewpressÂ
IRS details
- EIN
- 13-3584516
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1990
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- A33: Printing, Publishing
- NAICS code, primary
- 5111: Newspaper, Periodical, Book, and Directory Publishers
- Parent/child status
- Independent
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