Public Charity

The New School

The New School, of Holly Springs, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $3.1M in revenue, $3.2M in expenses, $3.3M in total assets.

EIN: 561429736 Holly Springs, NC Latest filing: 2025
Total Revenue$3.1M
Total Expenses$3.2M
Total Assets$3.3M
Grant Records0
Filing Years2021–2025

Mission

School for children.

Where $100 goes at The New School

How The New School divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$85 Programs the work itself
$15 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $85 for programs

$85
Montessori style education for preschool and elementary children
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

President Jonathan Schroer
Treasurer Julie Schroer
Secretary Roger Harris
Director Venkat Schanmugavadivel
Director William Clausen

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $3.1M $3.2M $3.3M
2024 $3.1M $2.7M $3.3M
2023 $3.0M $2.9M $2.9M
2022 $3.3M $2.5M $2.8M
2021 $2.9M $2.3M $2.4M

Between 2021 and 2025, reported annual revenue grew from $2.9M to $3.1M (+8%), with total assets most recently reported at $3.3M.

Interactive year-over-year charts and full filing details available with membership.

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