Nonprofit · EIN 04-2104773
THE NEWMAN SCHOOL
Tax-exempt · BOSTON, MA 02116
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $11,811,315 | $12,229,745 | -$418,430 | $26,908,313 | $16,420,676 | $10,487,637 |
| June 30, 2024 | 990 | $10,057,472 | $10,797,750 | -$740,278 | $15,462,078 | $5,056,264 | $10,405,814 |
| June 30, 2023 | 990 | $9,640,568 | $9,353,741 | $286,827 | $11,970,868 | $1,865,978 | $10,104,890 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $422,455
- Program service revenue
- $11,014,147
- Investment income
- $374,713
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $2,153,004
- Other salaries and wages
- $5,342,467
- Salaries, compensation and benefits (total)
- $6,502,393
- Professional fundraising fees
- $0
- Travel
- $148,163
- Depreciation
- $831,440
- Program services (functional)
- $11,113,998
- Management and general (functional)
- $1,047,755
- Fundraising (functional)
- $67,992
Balance sheet and other
- Total assets, start of year
- $15,462,078
- Total assets, end of year
- $26,908,313
- Total liabilities, end of year
- $16,420,676
- Net assets, end of year
- $10,487,637
- Land, buildings and equipment
- $11,683,995
- Publicly traded securities
- $11,024,103
- Net assets without donor restrictions
- $10,462,637
- Net assets with donor restrictions
- $25,000
- Gross receipts
- $11,811,315
- Employees
- 75
- Volunteers
- 15
- Year formed
- 1945
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL SCHAFER | HEAD OF SCHOOL Trustee or director | 40 | $302,228 | $115,988 |
| JULIA PORRAZZO | ASSISTANT HEAD OF SCHOOL Highest-paid employee | 40 | $147,274 | $15,483 |
| MELISSA BACON | DIRECTOR OF ADMISSIONS Highest-paid employee | 40 | $145,848 | $14,969 |
| DAVID MCCUSKER | DIRECTOR OF DEVELOPMENT Highest-paid employee | 40 | $108,188 | $13,225 |
| WILLIAM CHAMBERS | VISUAL ARTS TEACHER Highest-paid employee | 40 | $101,288 | $5,658 |
| REBECCA WITTE | SCHOOL COUNSELOR Highest-paid employee | 40 | $100,269 | $5,013 |
| JAMES G KEEFE | CHAIRMAN Trustee or director, Officer | 10 | $0 | $0 |
| THOMAS S DRUMM | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| JANE SPAULDING | CLERK Trustee or director, Officer | 2 | $0 | $0 |
| JEAN SILVERI | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| MARIE CECCHETTO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| REGINALD A NUNALLY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ELLEN WOODS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN GALLAGHER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SCOTT BABKA | TRUSTEE Trustee or director | 2 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL CIAMPA | TRUSTEE Trustee or director | 5 | $0 |
| DAVID MACLAUGHLIN | TRUSTEE Trustee or director | 5 | $0 |
| RICHARD MCCARTHY | TRUSTEE Trustee or director | 2 | $0 |
| SOFIE NIZIAK | TRUSTEE Trustee or director | 2 | $0 |
| WALTER SULLIVAN | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL SCHAFER | HEAD OF SCHOOL Trustee or director | 40 | $295,000 | $127,000 |
| MELISSA BACON | DIRECTOR OF ADMISSIONS Highest-paid employee | 40 | $140,500 | $13,312 |
| JULIA PORRAZI | ASSISTANT HEAD OF SCHOOL Highest-paid employee | 40 | $140,000 | $13,312 |
| MARTA O'MALLEY | BUSINESS OFFICER Highest-paid employee | 40 | $100,500 | $23,000 |
| REBECCA WITTE | SCHOOL COUNSELOR Highest-paid employee | 40 | $100,550 | $5,027 |
| JAMES G KEEFE | CHAIRMAN Trustee or director, Officer | 10 | $0 | $0 |
| THOMAS S DRUMM | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| JANE SPAULDING | CLERK Trustee or director, Officer | 2 | $0 | $0 |
| JEAN SILVERI | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| J HARRY LYNCH | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARIE CECCHETTO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| REGINALD A NUNALLY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ELLEN WOODS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN GALLAGHER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SCOTT BABKA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| PAUL CIAMPA | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DAVID MACLAUGHLIN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| RICHARD MCCARTHY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SOFIE NIZIAK | TRUSTEE Trustee or director | 2 | $0 | $0 |
| WALTER SULLIVAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SCOTT BABKA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| WALTER SULLIVAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL SCHAFER | HEAD OF SCHOOL Highest-paid employee | 40 | $366,016 |
| MELISSA BACON | DIRECTOR OF ADMISSIONS Highest-paid employee | 40 | $140,314 |
| ANDREW NAGY | ASSITANT HEAD OF SCHOOL Highest-paid employee | 40 | $134,006 |
| DAVID T MACLAUGHLIN PHD | CHAIRMAN Trustee or director, Officer | 5 | $0 |
| THOMAS S DRUMM | TREASURER Trustee or director, Officer | 2 | $0 |
| RICHARD J MCCARTHY ESQUIRE | CLERK Trustee or director, Officer | 5 | $0 |
| SOFIE NIZIAK | TRUSTEE Trustee or director | 2 | $0 |
| J HARRY LYNCH | TRUSTEE Trustee or director | 2 | $0 |
| MARIE CECCHETTO | TRUSTEE Trustee or director | 2 | $0 |
| JAMES G KEEFE | TRUSTEE Trustee or director | 10 | $0 |
| REGINALD A NUNNALLY | TRUSTEE Trustee or director | 2 | $0 |
| ELLEN WOODS | TRUSTEE Trustee or director | 2 | $0 |
| JOHN GALLAGHER | TRUSTEE Trustee or director | 2 | $0 |
| PAUL CIAMPA | TRUSTEE Trustee or director | 2 | $0 |
| JANE SPAULDING | TRUSTEE Trustee or director | 2 | $0 |
| JEAN SILVERI | TRUSTEE Trustee or director | 2 | $0 |
| SCOTT BABKA | TRUSTEE Trustee or director | 2 | $0 |
| WALTER SULLIVAN | TRUSTEE Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 247 MARLBORO ST, BOSTON, MA 02116-1702
- Principal officer (990 for 2024)
- MICHAEL SCHAFER, 245 MARLBOROUGH STREET, BOSTON, MA 02116
- Signed the 990
- MICHAEL SCHAFER, HEADMASTER
- Phone
- (617) 267-4530
- Website
- NEWMANBOSTON.ORG
- Return prepared by
- STONE & COMPANY LLC
Mission
FOUNDED IN 1945, THE NEWMAN SCHOOL, AN INDEPENDENT DAY SCHOOL IN THE CATHOLIC TRADITION, PREPARES YOUNG WOMEN AND MEN FROM GREATER BOSTON AND AROUND THE WORLD FOR SUCCESS IN UNIVERSITY AND COLLEGE STUDIES AND LIFE.WITH A SCHOOL CULTURE THAT IS UNIQUELY WELCOMING AND SUPPORTIVE, NEWMAN PROVIDES STUDENTS FROM BROADLY DIVERSE BACKGROUNDS AN OPPORTUNITY TO PURSUE SERIOUS STUDIES IN THE COMPANY OF LIKE-MINDED PEERS AND INSTRUCTORS. STUDIES ARE ORGANIZED AROUND THE PRINCIPLES OF THE INTERNATIONAL BACCALAUREATE DIPLOMA PROGRAMME, AND STUDENTS HAVE THE OPTION OF PURSUING THE ENTIRE IB DIPLOMA OR THOSE PORTIONS OF IT WHICH MEET THEIR NEEDS AND ASPIRATIONS.GUIDED BY CARDINAL NEWMAN'S MOTTO, COR AD COR LOQUITUR - HEART SPEAKS TO HEART, THE SCHOOL BELIEVES THAT STUDENTS ARE ABLE TO ACHIEVE THEIR POTENTIAL WHEN PURSUING THEIR STUDIES IN AN ENVIRONMENT OF MUTUAL RESPECT, INTEGRITY, SERIOUSNESS OF PURPOSE, AND CIVIC RESPONSIBILITY.
Program accomplishments
- OPERATION OF A SECONDARY SCHOOL SERVING 259 STUDENTS.Expenses $11,113,998 · grants $2,153,004 · revenue $11,014,147
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2104773
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1967
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B250)
- Assets (IRS master file)
- $26,908,313
- Income (IRS master file)
- $11,811,315
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $11,811,315 | $12,229,745 | $26,908,313 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $10,057,472 | $10,797,750 | $15,462,078 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $9,640,568 | $9,353,741 | $11,970,868 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $8,351,226 | $7,878,271 | $11,310,210 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2104773).
Questions about THE NEWMAN SCHOOL
- What is the EIN of THE NEWMAN SCHOOL?
- The employer identification number (EIN) of THE NEWMAN SCHOOL is 04-2104773.
- Is THE NEWMAN SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1967.
- Are donations to THE NEWMAN SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE NEWMAN SCHOOL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE NEWMAN SCHOOL due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE NEWMAN SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE NEWMAN SCHOOL?
- The 990 for the year ended June 30, 2025 names MICHAEL SCHAFER.
- Who are the officers and directors of THE NEWMAN SCHOOL?
- The 990 for the year ended June 30, 2025 lists 20 people; 6 received compensation from the organization, the highest $302,228 (MICHAEL SCHAFER, HEAD OF SCHOOL).
- How much revenue does THE NEWMAN SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $11,811,315, expenses of $12,229,745 and total assets of $26,908,313 at year end.
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