Technology Review Inc
- Assets
- $8.5m
- Revenue
- $22.2m
- Investments
- $0.0
- Employees
- 79
- Location
- Cambridge, MA
- Founding
- 05/2002
- Data as of
- 06/2022
- EIN
- 95-4893200
Organization Overview
Technology Review Inc is located in Cambridge, MA. The organization was established in 2002. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Technology Review Inc employed 79 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Technology Review Inc 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, Technology Review Inc generated $22.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $22.2m during the year ending 06/2022. While expenses have increased by 8.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TECHNOLOGY REVIEW'S MISSION IS TO BRING ABOUT BETTER INFORMED AND MORE CONSCIOUS DECISIONS ABOUT TECHNOLOGY THROUGH AUTHORITATIVE, INFLUENTIAL, AND TRUSTWORTHY JOURNALISM.
Describe the Organization's Program Activity:
PUBLICATION OF A MAGAZINE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President, Publisher, And CEO | OfficerTrustee | 40 | $445,963 |
Name Not Listed Co-Chair (incoming) | Trustee | 2 | $0 |
Name Not Listed Co-Chair (incoming) | Trustee | 2 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rreef America Reit Ii Corp Distributions | 6/29/22 | $1,142,396 |
Postlight Llc Professional Services | 6/29/22 | $516,936 |
Asendia Usa Inc Shipping | 6/29/22 | $356,216 |
Quad Graphics Inc Printing And Shipping | 6/29/22 | $314,717 |
Wmbe Payrolling Inc Dba Targetcw Staffing Services | 6/29/22 | $389,883 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $3,713,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,713,000 |
| Total Program Service Revenue | $16,618,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,916,000 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,247,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $2,029,000 |
| Compensation of current officers, directors, key employees. | $1,107,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,184,000 |
| Pension plan accruals and contributions | $453,000 |
| Other employee benefits | $973,000 |
| Payroll taxes | $632,000 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,423,000 |
| Advertising and promotion | $805,000 |
| Office expenses | $1,466,000 |
| Information technology | $1,324,000 |
| Royalties | $0 |
| Occupancy | $1,057,000 |
| Travel | $210,000 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $264,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $245,000 |
| Insurance | $0 |
| All other expenses | $161,000 |
| Total functional expenses | $22,247,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,000 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,404,000 |
| 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 | $766,000 |
| Net Land, buildings, and equipment | $1,239,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,455,000 |
| Accounts payable and accrued expenses | $4,921,000 |
| Grants payable | $0 |
| Deferred revenue | $1,966,000 |
| 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 | $1,568,000 |
| Total liabilities | $8,455,000 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,455,000 |