Totals
- Total revenue
- $4,627,459
- Total expenses
- $5,888,108
- Contributions and grants received
- $2,762,797
- Grants paid
- $0
- Program service revenue
- $279,360
- Investment income
- $79,061
- Other revenue
- $1,506,241
- Total assets, end of year
- $6,346,824
- Total liabilities, end of year
- $2,319,427
- Net assets or fund balances, end of year
- $4,027,397
- Program services expenses (Part IX)
- $4,315,038
- Management and general expenses
- $808,799
- Fundraising expenses
- $764,271
- Program service expenses (Part III)
- $4,315,038
Program services were 73.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$125,406
-
1e · Government grants (contributions)
$40,000
-
1f · All other contributions, gifts and grants
$2,597,391
-
1g · Noncash contributions included above
$11,119
-
2a · Program service revenue: SUBRIGHTS INCOME
total $279,360 · related or exempt $279,360
-
3 · Investment income
total $55,728 · excluded $55,728
-
6a · Gross rents
real property $34,788
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $34,788
-
6d · Net rental income or loss
total $34,788 · excluded $34,788
-
7a · Gross sales of assets other than inventory
securities $2,265,568
-
7b · Less cost or other basis and sales expenses
securities $2,242,235
-
7c · Gain or loss
securities $23,333
-
7d · Net gain or loss
total $23,333 · excluded $23,333
-
8a · Fundraising events: gross income
$3,094
-
8a · Fundraising events: contributions included on line 1c
$125,406
-
8b · Fundraising events: direct expenses
$3,094
-
8c · Net income from fundraising events
total $0
-
10a · Gross sales of inventory
$3,725,102
-
10b · Cost of goods sold
$2,270,506
-
10c · Net income from sales of inventory
total $1,454,596 · related or exempt $1,454,596
-
11a · Other revenue: OTHER INCOME
total $16,857 · related or exempt $16,857
-
11e · Other revenue, total
$16,857
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $650,182 · program services $275,578 · management and general $297,167 · fundraising $77,437
-
7 · Other salaries and wages
total $2,312,692 · program services $1,805,653 · management and general $207,196 · fundraising $299,843
-
8 · Pension plan contributions
total $32,119 · program services $22,710 · management and general $5,338 · fundraising $4,071
-
9 · Other employee benefits
total $326,885 · program services $244,805 · management and general $42,378 · fundraising $39,702
-
10 · Payroll taxes
total $245,009 · program services $173,235 · management and general $40,719 · fundraising $31,055
-
11b · Fees: legal
total $22,037 · program services $14,410 · management and general $4,343 · fundraising $3,284
-
11c · Fees: accounting
total $47,031 · management and general $47,031
-
11f · Fees: investment management
total $1,578 · management and general $1,578
-
11g · Fees: other
total $264,003 · program services $75,625 · management and general $22,791 · fundraising $165,587
-
12 · Advertising and promotion
total $338,927 · program services $333,339 · management and general $3,181 · fundraising $2,407
-
13 · Office expenses
total $143,851 · program services $94,241 · management and general $28,249 · fundraising $21,361
-
16 · Occupancy
total $371,487 · program services $248,114 · management and general $70,255 · fundraising $53,118
-
17 · Travel
total $66,197 · program services $43,411 · management and general $12,975 · fundraising $9,811
-
22 · Depreciation, depletion and amortization
total $7,952 · program services $5,200 · management and general $1,567 · fundraising $1,185
-
23 · Insurance
total $44,338 · program services $28,994 · management and general $8,738 · fundraising $6,606
-
24a · Other expenses: DISTRIBUTION
total $669,543 · program services $669,543
-
24b · Other expenses: DISPOSAL OF INVENTORY
total $229,509 · program services $229,509
-
24c · Other expenses: EMPLOYMENT SERVICE COST
total $66,844 · program services $43,666 · management and general $13,183 · fundraising $9,995
-
24d · Other expenses: EVENT EXPENSES
total $37,213 · fundraising $37,213
-
24e · All other expenses
total $10,711 · program services $7,005 · management and general $2,110 · fundraising $1,596
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $651,740 · end of year $599,208
-
2 · Savings and temporary cash investments
beginning of year $654,878 · end of year $155,859
-
3 · Pledges and grants receivable
beginning of year $290,235 · end of year $569,567
-
4 · Accounts receivable
beginning of year $1,035,196 · end of year $1,033,019
-
8 · Inventories for sale or use
beginning of year $1,034,728 · end of year $890,044
-
9 · Prepaid expenses and deferred charges
beginning of year $11,137 · end of year $11,929
-
10a · Land, buildings and equipment: cost or other basis
$206,008
-
10b · Land, buildings and equipment: accumulated depreciation
$173,601
-
10c · Land, buildings and equipment, net
beginning of year $40,359 · end of year $32,407
-
11 · Investments: publicly traded securities
beginning of year $1,638,175 · end of year $552,499
-
15 · Other assets
beginning of year $2,731,192 · end of year $2,502,292
-
17 · Accounts payable and accrued expenses
beginning of year $568,310 · end of year $463,013
-
25 · Other liabilities
beginning of year $2,235,339 · end of year $1,856,414
-
27 · Net assets without donor restrictions
beginning of year $3,850,969 · end of year $2,378,215
-
28 · Net assets with donor restrictions
beginning of year $1,433,022 · end of year $1,649,182
Mission and programs · 2024
Mission
PUBLICATION OF BOOKS ON CULTURAL, HISTORICAL, AND SOCIAL ISSUES TO INCREASE EDUCATIONAL AND SOCIAL AWARENESS. THESE BOOKS ARE OFTEN WRITTEN BY AUTHORS AND/OR ARE WRITTEN ABOUT SUBJECTS THAT MIGHT OTHERWISE NOT BE DEEMED COMMERCIAL ENOUGH (CONT'D ON SCHEDULE O)TO BE PUBLISHED. ORGANIZE FREE PUBLIC FORUMS FOR DISCUSSION ABOUT ISSUES ADDRESSED IN THE NEW PRESS BOOKS BY THE NEW PRESS AUTHORS.
Activities or mission (Part I)
PUBLISHING IN THE PUBLIC INTEREST BOOKS OF CULTURAL, HISTORICAL, (CONT'D ON SCHEDULE O)AND/OR EDUCATIONAL VALUE THAT ARE LIKELY TO BE DEEMED INSUFFICIENTLY PROFITABLE AND HENCE OVERLOOKED BY COMMERCIAL PUBLISHERS.
-
WHILE THE YEAR CLOSED WITH A DEFICIT, THE RESULT WAS IN LINE WITH PROJECTIONS AND REFLECTS A MEANINGFUL IMPROVEMENT OVER 2023. MARKET-WIDE SOFTNESS IN NONFICTION, PARTICULARLY FOR BACKLIST-LED PUBLISHERS, CONTINUED TO PRESSURE SALES, AND WE ADJUSTED OPERATIONS ACCORDINGLY.IN 2024 WE PUBLISHED 32 FRONTLIST TITLES (UP ONE FROM 2023). OUR TOP FIVE TITLES ACCOUNTED FOR 31% OF TOTAL SALES: STOLEN PRIDE, THE NEW JIM CROW, LIES MY TEACHER TOLD ME, TROUBLEMAKERS, AND HOW TO WIN A CIVIL WAR. BOTH EARNED AND CONTRIBUTED REVENUE TRACKED CLOSE TO BUDGET, CONTRIBUTING TO THE YEAR-OVER-YEAR IMPROVEMENT DESPITE THE CHALLENGING RETAIL ENVIRONMENT.
Expenses $4,315,038 · Revenue $1,750,813
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Gara LamarcheGARA LAMARCHE
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Theodore M ShawTHEODORE M SHAW
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Brad HebelBRAD HEBEL
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Sarah BurnesSARAH BURNES
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Diane WachtellDIANE WACHTELL
EXECUTIVE DIRECTOR
- Total calculated
- $268,161
- From this org
- $229,466
- From related orgs
- $0
- Other
- $38,695
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $229,466
- Bonus
- $0
- Other
- $0
- Deferred
- $10,039
- Nontaxable benefits
- $28,656
- Filer's total
- $268,161
-
Ellen AdlerELLEN ADLER
PUBLISHER
- Total calculated
- $190,315
- From this org
- $170,280
- From related orgs
- $0
- Other
- $20,035
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $170,280
- Bonus
- $0
- Other
- $0
- Deferred
- $7,169
- Nontaxable benefits
- $12,866
- Filer's total
- $190,315
-
Jonathan S AbadyJONATHAN S ABADY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jessica BaumanJESSICA BAUMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John Anthony ButlerJOHN ANTHONY BUTLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff DeutschJEFF DEUTSCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bruce GottliebBRUCE GOTTLIEB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan KleinJONATHAN KLEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Vivien LabatonVIVIEN LABATON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Susan LehmanSUSAN LEHMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Josanne LopezJOSANNE LOPEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert RabenROBERT RABEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nabiha SyedNABIHA SYED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tina C WeinerTINA C WEINER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Laura WalkerLAURA WALKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rosa M Del SazROSA M DEL SAZ
CHIEF FINANCIAL AND ADMIN OFFICER
- Total calculated
- $217,500
- From this org
- $196,266
- From related orgs
- $0
- Other
- $21,234
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $196,266
- Bonus
- $0
- Other
- $0
- Deferred
- $8,587
- Nontaxable benefits
- $12,647
- Filer's total
- $217,500
-
Tanya CokeTANYA COKE
SENIOR FELLOW
- Total calculated
- $191,953
- From this org
- $182,443
- From related orgs
- $0
- Other
- $9,510
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $182,443
- Bonus
- $0
- Other
- $0
- Deferred
- $8,682
- Nontaxable benefits
- $828
- Filer's total
- $191,953
-
Marc FavreauMARC FAVREAU
DIRECTOR OF EDITORIAL OPERATIONS
- Total calculated
- $188,867
- From this org
- $180,250
- From related orgs
- $0
- Other
- $8,617
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $180,250
- Bonus
- $0
- Other
- $0
- Deferred
- $7,886
- Nontaxable benefits
- $731
- Filer's total
- $188,867
-
Natalie SchulmondsNATALIE SCHULMONDS
CHIEF DEVELOPMENT OFFICER
- Total calculated
- $190,803
- From this org
- $171,700
- From related orgs
- $0
- Other
- $19,103
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $171,700
- Bonus
- $0
- Other
- $0
- Deferred
- $7,512
- Nontaxable benefits
- $11,591
- Filer's total
- $190,803
-
Franciene ForteFRANCIENE FORTE
SENIOR DIRECTOR OF PRODUCTION
- Total calculated
- $130,490
- From this org
- $108,890
- From related orgs
- $0
- Other
- $21,600
- Hours/week
- 35
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523189349311772
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