Totals
- Total revenue
- $8,950,350
- Total expenses
- $7,653,600
- Contributions and grants received
- $7,660,985
- Grants paid
- $300,000
- Program service revenue
- $463,779
- Investment income
- $1,154,950
- Other revenue
- -$329,364
- Total assets, end of year
- $15,363,650
- Total liabilities, end of year
- $2,918,444
- Net assets or fund balances, end of year
- $12,445,206
- Program services expenses (Part IX)
- $6,285,901
- Management and general expenses
- $400,144
- Fundraising expenses
- $967,555
- Program service expenses (Part III)
- $6,285,901
Program services were 82.1% 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.
-
1c · Fundraising events
$1,676,885
-
1f · All other contributions, gifts and grants
$5,984,100
-
1g · Noncash contributions included above
$1,089,946
-
2a · Program service revenue: REGIONAL SEMINARS
total $317,733 · related or exempt $317,733
-
2b · Program service revenue: BURKE TO BUCKLEY
total $146,046 · related or exempt $146,046
-
3 · Investment income
total $120,621 · excluded $120,621
-
7a · Gross sales of assets other than inventory
securities $1,632,304
-
7b · Less cost or other basis and sales expenses
securities $597,975
-
7c · Gain or loss
securities $1,034,329
-
7d · Net gain or loss
total $1,034,329 · excluded $1,034,329
-
8a · Fundraising events: gross income
$60,600
-
8a · Fundraising events: contributions included on line 1c
$1,676,885
-
8b · Fundraising events: direct expenses
$409,826
-
8c · Net income from fundraising events
total -$349,226 · excluded -$349,226
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $19,862 · excluded $19,862
-
11e · Other revenue, total
$19,862
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $300,000 · program services $300,000
-
5 · Compensation of officers, directors and key employees
total $973,444 · program services $825,262 · management and general $55,661 · fundraising $92,521
-
7 · Other salaries and wages
total $2,846,449 · program services $2,415,244 · management and general $162,000 · fundraising $269,205
-
8 · Pension plan contributions
total $54,508 · program services $45,787 · management and general $3,270 · fundraising $5,451
-
9 · Other employee benefits
total $234,013 · program services $196,571 · management and general $14,040 · fundraising $23,402
-
10 · Payroll taxes
total $226,421 · program services $190,194 · management and general $13,585 · fundraising $22,642
-
11b · Fees: legal
total $33,983 · program services $26,720 · management and general $3,227 · fundraising $4,036
-
11c · Fees: accounting
total $52,331 · program services $41,148 · management and general $4,969 · fundraising $6,214
-
11f · Fees: investment management
total $15 · management and general $15
-
11g · Fees: other
total $149,285 · program services $74,566 · management and general $13,578 · fundraising $61,141
-
12 · Advertising and promotion
total $257,846 · program services $206,276 · management and general $25,785 · fundraising $25,785
-
13 · Office expenses
total $172,525 · program services $138,892 · management and general $13,280 · fundraising $20,353
-
14 · Information technology
total $157,058 · program services $5,512 · management and general $37,997 · fundraising $113,549
-
16 · Occupancy
total $369,831 · program services $321,752 · management and general $18,492 · fundraising $29,587
-
17 · Travel
total $349,017 · program services $320,253 · fundraising $28,764
-
22 · Depreciation, depletion and amortization
total $58,637 · program services $51,014 · management and general $2,932 · fundraising $4,691
-
23 · Insurance
total $12,570 · program services $10,936 · management and general $628 · fundraising $1,006
-
24a · Other expenses: PROGRAMS & EVENTS
total $988,979 · program services $988,979
-
24b · Other expenses: DIRECT MAILINGS
total $273,977 · program services $54,795 · fundraising $219,182
-
24c · Other expenses: TRADEMARK LICENSING FEE
total $90,000 · program services $72,000 · management and general $9,000 · fundraising $9,000
-
24d · Other expenses: MERCHANT & REGISTRATION
total $52,711 · management and general $21,685 · fundraising $31,026
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $180,444 · end of year $287,481
-
2 · Savings and temporary cash investments
beginning of year $2,691,413 · end of year $2,761,972
-
3 · Pledges and grants receivable
beginning of year $651,515 · end of year $701,152
-
9 · Prepaid expenses and deferred charges
beginning of year $135,524 · end of year $212,125
-
10a · Land, buildings and equipment: cost or other basis
$559,324
-
10b · Land, buildings and equipment: accumulated depreciation
$361,324
-
10c · Land, buildings and equipment, net
beginning of year $253,988 · end of year $198,000
-
11 · Investments: publicly traded securities
beginning of year $1,010,128 · end of year $1,024,177
-
12 · Investments: other securities
beginning of year $7,583,654 · end of year $7,583,654
-
14 · Intangible assets
beginning of year $2,697,620 · end of year $2,178,178
-
15 · Other assets
beginning of year $446,113 · end of year $416,911
-
17 · Accounts payable and accrued expenses
beginning of year $167,767 · end of year $199,280
-
25 · Other liabilities
beginning of year $3,331,423 · end of year $2,719,164
-
27 · Net assets without donor restrictions
beginning of year $11,036,178 · end of year $11,099,616
-
28 · Net assets with donor restrictions
beginning of year $1,115,031 · end of year $1,345,590
Mission and programs · 2023
Mission
EXPAND THE UNDERSTANDING OF CONSERVATIVE PRINCIPLES AND PHILOSOPHY IN SOCIETY AND CULTURE.
-
PROMOTE ACTIVITIES THAT EXPAND THE UNDERSTANDING OF CONSERVATIVE PRINCIPLES AND PHILOSOPHY IN SOCIETY AND CULTURE BY EDUCATING AND INFORMING THE GENERAL PUBLIC IN THE FIELDS OF POLITICAL SCIENCE, HISTORY, FREE MARKET ECONOMICS, RELIGION AND WESTERN CIVILIZATION.
Expenses $6,285,901 · Grants $300,000 · Revenue $463,779
As filed on the 2023 return.
Listed in Part VII
-
Lindsay CraigLINDSAY CRAIG
PRESIDENT
- Total calculated
- $441,586
- From this org
- $400,529
- From related orgs
- $0
- Other
- $41,057
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $399,651
- Bonus
- $0
- Other
- $878
- Deferred
- $9,900
- Nontaxable benefits
- $31,157
- Filer's total
- $441,586
-
Richard LowryRICHARD LOWRY
TRUSTEE
- Total calculated
- $440,947
- From this org
- $0
- From related orgs
- $394,669
- Other
- $46,278
- Hours/week
- 0.23 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $392,811 related
- Bonus
- $0
- Other
- $0 + $1,858 related
- Deferred
- $0 + $9,448 related
- Nontaxable benefits
- $0 + $36,830 related
- Filer's total
- $0 + $440,947 related
-
Chuck DefeoCHUCK DEFEO
CEO
- Total calculated
- $0
- Hours/week
- 20 + 20 related
-
Peter J TraversPETER J TRAVERS
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.23
-
Adam MeyersonADAM MEYERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.23
-
Alec TaylorALEC TAYLOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.23
-
Brian MurdockBRIAN MURDOCK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.23
-
Carl HelstromCARL HELSTROM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.23
-
Dale R BrottDALE R BROTT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.23
-
Daniel J MahoneyDANIEL J MAHONEY
OUTGOING TRUSTEE (10/23)
- Total calculated
- $0
- Hours/week
- 0.23
-
David L BahnsenDAVID L BAHNSEN
OUTGOING TRUSTEE (10/23)
- Total calculated
- $0
- Hours/week
- 0.23
-
John BuserJOHN BUSER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.23
-
L Stanton TowneL STANTON TOWNE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.23
-
Pat ToomeyPAT TOOMEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.23
-
Richard SpencerRICHARD SPENCER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.23
-
Robert F AgostinelliROBERT F AGOSTINELLI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.23
-
Valerie SchooleyVALERIE SCHOOLEY
OUTGOING TRUSTEE (10/23)
- Total calculated
- $0
- Hours/week
- 0.23
-
John KorpaczJOHN KORPACZ
CFO
- Total calculated
- $266,404
- From this org
- $231,045
- From related orgs
- $0
- Other
- $35,359
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $229,643
- Bonus
- $0
- Other
- $1,402
- Deferred
- $4,134
- Nontaxable benefits
- $31,225
- Filer's total
- $266,404
-
Andrew StuttafordANDREW STUTTAFORD
FELLOW
- Total calculated
- $277,763
- From this org
- $187,126
- From related orgs
- $50,000
- Other
- $40,637
- Hours/week
- 32 + 8 related
Schedule J breakdown matched by us
- Base
- $185,644 + $50,000 related
- Bonus
- $0
- Other
- $1,482
- Deferred
- $6,003
- Nontaxable benefits
- $34,634
- Filer's total
- $227,763 + $50,000 related
-
James GeraghtyJAMES GERAGHTY
FELLOW
- Total calculated
- $159,569
- From this org
- $154,850
- From related orgs
- $0
- Other
- $4,719
- Hours/week
- 32 + 8 related
Schedule J breakdown matched by us
- Base
- $154,750
- Bonus
- $0
- Other
- $100
- Deferred
- $4,440
- Nontaxable benefits
- $279
- Filer's total
- $159,569
-
Nicholas MosvickNICHOLAS MOSVICK
FELLOW
- Total calculated
- $152,502
- From this org
- $140,681
- From related orgs
- $0
- Other
- $11,821
- Hours/week
- 32 + 8 related
Schedule J breakdown matched by us
- Base
- $140,588
- Bonus
- $0
- Other
- $93
- Deferred
- $3,522
- Nontaxable benefits
- $8,299
- Filer's total
- $152,502
-
Daniel McLaughlinDANIEL MCLAUGHLIN
FELLOW
- Total calculated
- $164,224
- From this org
- $127,915
- From related orgs
- $32,000
- Other
- $4,309
- Hours/week
- 32 + 8 related
Schedule J breakdown matched by us
- Base
- $127,700 + $32,000 related
- Bonus
- $0
- Other
- $215
- Deferred
- $3,841
- Nontaxable benefits
- $468
- Filer's total
- $132,224 + $32,000 related
-
Jay NordlingerJAY NORDLINGER
FELLOW
- Total calculated
- $160,762
- From this org
- $118,892
- From related orgs
- $30,000
- Other
- $11,870
- Hours/week
- 32 + 8 related
Schedule J breakdown matched by us
- Base
- $118,338 + $30,000 related
- Bonus
- $0
- Other
- $554
- Deferred
- $3,601
- Nontaxable benefits
- $8,269
- Filer's total
- $130,762 + $30,000 related
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
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Approval by the board or compensation committee
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
-
NATIONAL REVIEW INC
$300,000
TO SPONSOR THE NR REVIEW OF BOOKS, MOVIES AND OTHER CULTURAL MATERIALS.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
NATIONAL REVIEW INC
C · MAGAZINE & MEDIA · NY · 100% owned · share of income -$1,970,969 · share of assets $4,148,808 · controlled entity
Directly controlled by NATIONAL REVIEW INSTITUTE
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 December 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433489349300618
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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