Form 990 for tax year 2023
Filed by NATIONAL CATHOLIC REPORTER PUBLISHING COMPANY.
Totals
- Total revenue
- $6,084,801
- Total expenses
- $5,431,054
- Contributions and grants received
- $4,621,845
- Grants paid
- $0
- Program service revenue
- $889,420
- Investment income
- $95,600
- Other revenue
- $477,936
- Total assets, end of year
- $19,696,403
- Total liabilities, end of year
- $1,617,277
- Net assets or fund balances, end of year
- $18,079,126
- Program services expenses (Part IX)
- $3,943,643
- Management and general expenses
- $814,246
- Fundraising expenses
- $673,165
- Program service expenses (Part III)
- $3,943,643
Program services were 72.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$4,621,845
-
1g · Noncash contributions included above
$4,576
-
2a · Program service revenue: SUBSCRIPTIONS
total $889,420 · related or exempt $889,420
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $95,442 · excluded $95,442
-
5 · Royalties
total $24,206 · excluded $24,206
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $1,062,887
-
7b · Less cost or other basis and sales expenses
securities $1,062,729
-
7c · Gain or loss
securities $158 · other assets $0
-
7d · Net gain or loss
total $158 · excluded $158
-
11a · Other revenue: ADVERTISING
total $437,318 · unrelated business $437,318
-
11b · Other revenue: MISCELLANEOUS
total $16,412 · excluded $16,412
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$453,730
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $330,015 · program services $52,627 · management and general $207,218 · fundraising $70,170
-
7 · Other salaries and wages
total $1,820,765 · program services $1,429,460 · management and general $166,012 · fundraising $225,293
-
8 · Pension plan contributions
total $102,633 · program services $73,621 · management and general $15,441 · fundraising $13,571
-
9 · Other employee benefits
total $281,194 · program services $243,956 · management and general $0 · fundraising $37,238
-
10 · Payroll taxes
total $159,312 · program services $114,279 · management and general $23,968 · fundraising $21,065
-
11b · Fees: legal
total $82,615 · management and general $82,615
-
11c · Fees: accounting
total $52,148 · management and general $52,148
-
11e · Fees: professional fundraising services
total $94,431 · fundraising $94,431
-
11g · Fees: other
total $407,026 · program services $393,885 · management and general $0 · fundraising $13,141
-
12 · Advertising and promotion
total $180,902 · program services $148,992 · fundraising $31,910
-
13 · Office expenses
total $514,851 · program services $377,411 · management and general $57,498 · fundraising $79,942
-
14 · Information technology
total $200,842 · program services $115,536 · management and general $82,915 · fundraising $2,391
-
16 · Occupancy
total $88,496 · program services $20,899 · management and general $64,878 · fundraising $2,719
-
17 · Travel
total $203,023 · program services $169,183 · management and general $557 · fundraising $33,283
-
19 · Conferences, conventions and meetings
total $10,664 · program services $10,352 · fundraising $312
-
22 · Depreciation, depletion and amortization
total $15,265 · program services $3,642 · management and general $11,149 · fundraising $474
-
23 · Insurance
total $51,532 · program services $12,296 · management and general $37,636 · fundraising $1,600
-
24a · Other expenses: NEWS SERVICES
total $681,860 · program services $681,860
-
24b · Other expenses: LIST RENTAL
total $28,842 · program services $28,842
-
24c · Other expenses: BAD DEBTS
total $13,050 · fundraising $13,050
-
24d · Other expenses: DUES & SUBSCRIPTIONS
total $11,994 · program services $8,779 · management and general $1,136 · fundraising $2,079
-
24e · All other expenses
total $99,594 · program services $58,023 · management and general $11,075 · fundraising $30,496
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $38,394 · end of year $198,073
-
2 · Savings and temporary cash investments
beginning of year $1,332,955 · end of year $707,363
-
3 · Pledges and grants receivable
beginning of year $1,127,328 · end of year $2,203,345
-
4 · Accounts receivable
beginning of year $50,631 · end of year $41,259
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $60,521 · end of year $53,169
-
10a · Land, buildings and equipment: cost or other basis
$989,693
-
10b · Land, buildings and equipment: accumulated depreciation
$835,943
-
10c · Land, buildings and equipment, net
beginning of year $159,288 · end of year $153,750
-
11 · Investments: publicly traded securities
beginning of year $1,327,577 · end of year $1,532,240
-
12 · Investments: other securities
beginning of year $12,497,103 · end of year $14,530,017
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $306,698 · end of year $277,187
-
17 · Accounts payable and accrued expenses
beginning of year $294,637 · end of year $285,307
-
19 · Deferred revenue
beginning of year $877,184 · end of year $848,670
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $488,957 · end of year $483,300
-
27 · Net assets without donor restrictions
beginning of year $417,095 · end of year $324,549
-
28 · Net assets with donor restrictions
beginning of year $14,822,622 · end of year $17,754,577
Mission and programs · 2023
Mission
NCR CONNECTS CATHOLICS TO CHURCH, FAITH AND THE COMMON GOOD WITH INDEPENDENT NEWS, ANALYSIS AND SPIRITUAL REFLECTION.
Activities or mission (Part I)
A NOT-FOR-PROFIT EDUCATIONAL ORGANIZATION PROVIDING RELIGIOUS INFORMATION TO THE PUBLIC IN A BI-WEEKLY NEWSPAPER AND WEBSITE.
-
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.
Expenses $3,943,643 · Revenue $889,420
As filed on the 2023 return.
Listed in Part VII
-
Joe FerulloJOE FERULLO
PUBLISHER/CEO
- Total calculated
- $161,098
- From this org
- $152,569
- From related orgs
- $0
- Other
- $8,529
- Hours/week
- 38
Schedule J breakdown matched by us
- Base
- $150,854
- Bonus
- $0
- Other
- $1,715
- Deferred
- $574
- Nontaxable benefits
- $7,955
- Filer's total
- $161,098
-
Sr Christine Schenk CsjSR CHRISTINE SCHENK CSJ
VICE CHAIR/DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steve MillerSTEVE MILLER
CHAIR/DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Annette LomontANNETTE LOMONT
DIRECTOR-EMERITUS
- Total calculated
- $0
- Hours/week
- 1
-
Dan SchutteDAN SCHUTTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David BoniorDAVID BONIOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Terrence RynneDR TERRENCE RYNNE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth RomanELIZABETH ROMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Frank ButlerFRANK BUTLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jacqueline DoudJACQUELINE DOUD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeanne RueschJEANNE RUESCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim FreyJIM FREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim PurcellJIM PURCELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joan McGrathJOAN MCGRATH
DIRECTOR-EMERITUS
- Total calculated
- $0
- Hours/week
- 1
-
John WeiserJOHN WEISER
DIRECTOR-EMERITUS
- Total calculated
- $0
- Hours/week
- 1
-
Jude BarryJUDE BARRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mary BurkeMARY BURKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Maryjeanne BurkeMARYJEANNE BURKE
DIRECTOR-EMERITUS
- Total calculated
- $0
- Hours/week
- 1
-
Michael GilliganMICHAEL GILLIGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michele MurrayMICHELE MURRAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Patrick WaidePATRICK WAIDE
DIRECTOR-EMERITUS
- Total calculated
- $0
- Hours/week
- 1
-
Rev Gregory Goethals SjREV GREGORY GOETHALS SJ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rumi MoralesRUMI MORALES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steven Privett SjSTEVEN PRIVETT SJ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas FoxTHOMAS FOX
DIRECTOR-EMERITUS
- Total calculated
- $1,450
- From this org
- $1,450
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Tom BertelsenTOM BERTELSEN
DIRECTOR-EMERITUS
- Total calculated
- $0
- Hours/week
- 1
-
Walter ReiterWALTER REITER
SECRETARY/TREASURER
- Total calculated
- $135,029
- From this org
- $88,799
- From related orgs
- $0
- Other
- $46,230
- Hours/week
- 38
-
Antonio HernandezANTONIO HERNANDEZ
AUDIENCE ENGAGEMENT DIRECTOR/GM
- Total calculated
- $116,716
- From this org
- $104,013
- From related orgs
- $0
- Other
- $12,703
- Hours/week
- 38
-
Heidi SchlumpfHEIDI SCHLUMPF
REPORTER
- Total calculated
- $145,834
- From this org
- $113,712
- From related orgs
- $0
- Other
- $32,122
- Hours/week
- 38
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 18 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521089349300317
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