ICP is the host of the Infinity Awards, inaugurated in 1985 "to bring public attention to outstanding achievements in photography by honoring individuals with distinguished careers in the field and by identifying future luminaries."

The expansion of the school of the International Center of Photography in the fall of 2001 created a Midtown campus diagonally across from the museum in the Grace Building at 1114 Avenue of the Americas.

[9] In 2017, ICP signed a deal with Delancey Street Associates to house its museum and school at Essex Crossing on the Lower East Side.

Designed by architecture firm Gensler, the 40,000 sq ft (3,700 m2) building has galleries, media labs, classrooms, darkrooms, shooting studios, a shop, café, research library and public event spaces.

[11][12] ICP's school serves more than 3,500 students each year,[13] offering courses in a curriculum that ranges from darkroom classes to certificate and master's degree programs.

[14] In 2023, educator, artist, and photographer Colette Veasey-Cullors became the Dean and Deputy Director of ICP's school, joining from the Maryland Institute College of Art (MICA) where she served as Interim Vice Provost for Undergraduate Studies.

The ICP hosts the Infinity Awards, which were inaugurated in 1985 "to bring public attention to outstanding achievements in photography by honoring individuals with distinguished careers in the field and by identifying future luminaries".

It comprises large bodies of work by W. Eugene Smith, Henri Cartier-Bresson, Robert Capa, the Farm Security Administration photographers, Alfred Eisenstaedt, Lisette Model, Gordon Parks, James VanDerZee, Louise Ozelle Martin, and Garry Winogrand.

More recent purchases have included work by contemporary photographers such as Carrie Mae Weems, Justine Kurland, Katy Grannan, Vik Muniz, and Susan Meiselas.

Another component of the collection is a significant group of photographically illustrated magazines, particularly those published between World War I and II, such as Vu, Regards, Picture Post, Lilliput, Berliner Illustrirte Zeitung, Arbeiter-Illustrierte-Zeitung, and Life.

Opened in 2015, the International Center of Photography at Mana Contemporary is a 15,000-square-foot space that houses the permanent collection, a media lab, areas for research, and a gallery.