National Catholic Reporter Publishing Company
- Assets
- $17.1m
- Revenue
- $9.0m
- Investments
- $0.0
- Employees
- 44
- Location
- Kansas City, MO
- Founding
- 05/1966
- Data as of
- 06/2021
- EIN
- 43-0815211
Organization Overview
National Catholic Reporter Publishing Company is located in Kansas City, MO. The organization was established in 1966. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, under the broad grouping of Religion-Related and related organizations. As of 06/2022, National Catholic Reporter Publishing Company employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Catholic Reporter Publishing Company 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 06/2021, National Catholic Reporter Publishing Company generated $9.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $4.4m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
A NOT-FOR-PROFIT EDUCATIONAL ORGANIZATION PROVIDING RELIGIOUS INFORMATION TO THE PUBLIC IN A BI-WEEKLY NEWSPAPER AND WEBSITE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEWSPAPER - THE NATIONAL CATHOLIC REPORTER PROVIDES EXTENSIVE INDEPENDENT REPORTING ON THE CATHOLIC CHURCH AND THE RELIGIOUS DIMENSIONS OF THE NEWS, AS WELL AS SOCIAL JUSTICE ISSUES, AND PROVIDES COMMENTARY FOR DISCUSSION OF RELIGIOUS TOPICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Mitchell Publisher/ceo | OfficerTrustee | 38 | $135,287 |
Heidi Schlumpf Vice President | Officer | 38 | $104,700 |
Walter Reiter Secretary/treasurer | Officer | 38 | $81,400 |
Thomas Fox Director-Emeritus | Trustee | 1 | $7,850 |
Steve Miller Chair/director | OfficerTrustee | 10 | $0 |
Joe Ferullo Vice Chair/director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,526,611 |
| Investment income | $33,791 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $40,258 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,901,908 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,019,634 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $446,676 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,400,840 |
| Pension plan accruals and contributions | $84,912 |
| Other employee benefits | $240,779 |
| Payroll taxes | $134,643 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,055 |
| Fees for services: Accounting | $44,342 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $405,125 |
| Advertising and promotion | $151,873 |
| Office expenses | $506,156 |
| Information technology | $125,674 |
| Royalties | $0 |
| Occupancy | $61,485 |
| Travel | $33,332 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,934 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,736 |
| Insurance | $43,085 |
| All other expenses | $0 |
| Total functional expenses | $4,428,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $533,467 |
| Savings and temporary cash investments | $13,201,286 |
| Pledges and grants receivable | $1,257,038 |
| Accounts receivable, net | $53,942 |
| 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 | $98,358 |
| Investments—publicly traded securities | $1,458,396 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $344,355 |
| Total assets | $17,137,826 |
| Accounts payable and accrued expenses | $337,924 |
| Grants payable | $0 |
| Deferred revenue | $1,015,387 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $402,321 |
| Total liabilities | $1,755,632 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $15,382,194 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that National Catholic Reporter Publishing Company has recieved totaling $1,033,361.
| Awarding Organization | Amount |
|---|---|
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: TO SUPPORT THE WORLDWIDE OPERATIONS OF THE GLOBAL SISTERS REPORT, AN INTERNATIONAL NETWORK OF REPORTERS, EDITORS AND GUEST AUTHORS WRITING AND PUBLISHING STORIES ABOUT CATHOLIC SISTERS ONLINE THROUGH GLOBALSISTERSREPORT.ORG. | $1,000,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $10,660 |
Impactassets Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $10,000 |
Sheila Reynolds Berner Foundation New York, NY PURPOSE: CHARITABLE | $10,000 |
Windhover Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $651 |
Endowment Analysis
| Beg. Balance | $13,299,357 |
| Earnings | -$2,421,328 |
| Net Contributions | $665,234 |
| Other Expense | $458,940 |
| Ending Balance | $11,084,323 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christianity Today International Carol Stream, IL | $10,480,516 | $11,172,393 |
National Catholic Reporter Publishing Company Kansas City, MO | $17,137,826 | $9,019,634 |
Knoxville Leadership Foundation Knoxville, TN | $5,333,605 | $4,089,168 |
The R H Boyd Company Nashville, TN | $13,997,405 | $1,644,843 |
Prophecy Watchers Inc Oklahoma City, OK | $2,102,531 | $3,358,704 |
Truth For Today World Mission School Inc Searcy, AR | $8,904,427 | $4,531,764 |
The Moody Center Inc Overland Park, KS | $5,478,604 | $1,739,432 |
Good Faith Media Norman, OK | $777,804 | $1,966,334 |
St Louis Jewish Light St Louis, MO | $821,508 | $1,121,152 |
Sword Of The Lord Foundation Murfreesboro, TN | $3,942,238 | $620,448 |
Choice Books Midwest Inc Metamora, IL | $0 | $440,038 |
Ecs Ministries Dubuque, IA | $2,151,544 | $552,910 |