The New Center For Psychoanalysis
- Assets
- $11.9m
- Revenue
- $1.3m
- Investments
- $97.2k
- Employees
- 10
- Location
- Los Angeles, CA
- Founding
- 04/1957
- Data as of
- 06/2022
- EIN
- 95-1634584
Organization Overview
The New Center For Psychoanalysis is located in Los Angeles, CA. The organization was established in 1957. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2022, New Center For Psychoanalysis employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Center For Psychoanalysis is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, New Center For Psychoanalysis generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEEPEN THE UNDERSTANDING OF BEING HUMAN THROUGH THE THEORY AND PRACTICE OF PSYCHOANALYSIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRADITION OF LIFELONG LEARNING AND PASSING ON THE SPECIALIZED KNOWLEDGE OF PSYCHOANALYTIC THEORY AND PRACTICE IS WELL ESTABLISHED AT NCP. IN THE 2021-2022 YEAR NCP CONTINUED TO MEET THE CHALLENGES OF COPING WITH AND MOVING THROUGH THE COVID-19 PANDEMIC EMERGENCY. OUR ORGANIZATION OF 260 MEMBERS WORKED TOGETHER - STAFF, LEADERSHIP, FACULTY, MEMBERS, AND STUDENTS - TO MEET THE CHANGING NEEDS OF THE COMMUNITY. INVESTMENTS IN TECHNOLOGY AND STAFF TRAINING ENABLED THE TRANSITION TO A HYBRID FORMAT FOR BOTH SMALL SEMINAR CLASSES AND LARGE CONFERENCE EVENTS.SUPPORTING NCP'S MISSION OF EDUCATION, TRAINING & RESEARCH ARE MORE THAN 480 SESSIONS IN PSYCHOANALYSIS AND PSYCHOANALYTIC PSYCHOTHERAPY TAUGHT DURING WEEKLY SEMINARS. SESSIONS ARE TAUGHT BY NCP'S DISTINGUISHED FACULTY WHO TEACH A VOLUNTARY BASIS. NCP IS IN ITS SECOND YEAR OF ACCEPTING INTERNATIONAL CANDIDATES INTO THE ADULT PSYCHOANALYTIC TRAINING PROGRAM DESIGNED FOR LICENSED MENTAL HEALTH PROFESSIONALS TO BECOME PSYCHOANALYSTS. ADDITIONALLY, 1753 ATTENDEES FROM THE US AND 100 PARTICIPATING FROM OUTSIDE THE US IN CONTINUING EDUCATION LEARNING ACTIVITIES WITH NATIONALLY AND INTERNATIONALLY RECOGNIZED PRESENTERS DEMONSTRATING A COMMITMENT TO THE ADDITIONAL PILLARS OF ADVOCACY AND INCLUSION.THE SUCCESSION TASK FORCE IDENTIFIED A NEW EXECUTIVE DIRECTOR TO TAKE OVER FOR THE LONG SERVING EXECUTIVE DIRECTOR. A PLAN WAS DEVELOPED TO FACILITATE A SMOOTH TRANSITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paulene Popek PHD President | OfficerTrustee | 8 | $0 |
Myra Pomerantz PHD Past President | OfficerTrustee | 2 | $0 |
Gabrielle Taylor PHD Secretary | OfficerTrustee | 4 | $0 |
David Thomsenmba Treasurer | OfficerTrustee | 3 | $0 |
Sandra Landen PHD Director Apsaa Bod, Ncp | Trustee | 1 | $0 |
Lucia Melito PHD Director - Psychotherapy Division/clinic Director | Trustee | 13 | $15,779 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $124,525 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $69,026 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $193,551 |
| Total Program Service Revenue | $222,205 |
| Investment income | $132,021 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $102,636 |
| Net Gain/Loss on Asset Sales | $630,111 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,297,095 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,915 |
| Grants and other assistance to domestic individuals. | $24,300 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $143,151 |
| Compensation of current officers, directors, key employees. | $86,363 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $279,696 |
| Pension plan accruals and contributions | $4,809 |
| Other employee benefits | $32,041 |
| Payroll taxes | $30,839 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,061 |
| Fees for services: Accounting | $48,000 |
| Fees for services: Lobbying | $5,355 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $58,870 |
| Fees for services: Other | $20,741 |
| Advertising and promotion | $1,616 |
| Office expenses | $22,714 |
| Information technology | $43,418 |
| Royalties | $0 |
| Occupancy | $22,674 |
| Travel | $2,080 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,148 |
| Interest | $623 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $146,810 |
| Insurance | $35,485 |
| All other expenses | $27,452 |
| Total functional expenses | $1,069,690 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,802 |
| Savings and temporary cash investments | $71,139 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,601 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,225 |
| Net Land, buildings, and equipment | $4,101,557 |
| Investments—publicly traded securities | $7,526,389 |
| Investments—other securities | $97,248 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $725 |
| Total assets | $11,864,686 |
| Accounts payable and accrued expenses | $54,500 |
| Grants payable | $0 |
| Deferred revenue | $2,475 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $415,871 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $28,220 |
| Total liabilities | $501,066 |
| Net assets without donor restrictions | $10,292,690 |
| Net assets with donor restrictions | $1,070,930 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,864,686 |