The new itunes does not give me the option to add folder. HELP ASAP?

Press Ctrl-b to display the menu bar, or tap Alt to make it show on a temporary basis.

Use File > Add Folder to Library, or Alt-F-D, to add a folder.

Or drag & drop onto the iTunes interface as has worked in the last umpteen versions.

Or put the media you want to add into the Automatically Add to iTunes folder...

tt2