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Nonprofiteer
← TECHNOLOGY REVIEW INC

Form 990 for tax year 2024

Filed by TECHNOLOGY REVIEW INC.

Totals

Total revenue
$22,067,000
Total expenses
$22,067,000
Contributions and grants received
$4,204,000
Grants paid
$0
Program service revenue
$15,514,000
Investment income
$0
Other revenue
$2,349,000
Total assets, end of year
$7,451,000
Total liabilities, end of year
$7,451,000
Net assets or fund balances, end of year
$0
Program services expenses (Part IX)
$18,851,000
Management and general expenses
$3,192,000
Fundraising expenses
$24,000
Program service expenses (Part III)
$18,851,000

Program services were 85.4% 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.

  • 1d · Related organizations

    $4,204,000

  • 2a · Program service revenue: Publication of a Magazine

    total $15,514,000 · related or exempt $8,248,000 · unrelated business $7,266,000

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $2,349,000 · excluded $2,349,000

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $2,256,000 · program services $1,017,000 · management and general $1,239,000

  • 7 · Other salaries and wages

    total $6,980,000 · program services $6,334,000 · management and general $626,000 · fundraising $20,000

  • 8 · Pension plan contributions

    total $367,000 · program services $333,000 · management and general $33,000 · fundraising $1,000

  • 9 · Other employee benefits

    total $907,000 · program services $824,000 · management and general $81,000 · fundraising $2,000

  • 10 · Payroll taxes

    total $585,000 · program services $531,000 · management and general $53,000 · fundraising $1,000

  • 11b · Fees: legal

    total $14,000 · management and general $14,000

  • 11c · Fees: accounting

    total $16,000 · management and general $16,000

  • 11g · Fees: other

    total $5,148,000 · program services $4,018,000 · management and general $1,130,000 · fundraising $0

  • 12 · Advertising and promotion

    total $1,213,000 · program services $1,213,000

  • 13 · Office expenses

    total $1,447,000 · program services $1,447,000

  • 14 · Information technology

    total $890,000 · program services $890,000

  • 16 · Occupancy

    total $1,023,000 · program services $1,023,000

  • 17 · Travel

    total $206,000 · program services $206,000

  • 19 · Conferences, conventions and meetings

    total $354,000 · program services $354,000

  • 22 · Depreciation, depletion and amortization

    total $373,000 · program services $373,000

  • 24e · All other expenses

    total $288,000 · program services $288,000 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $65,000 · end of year $36,000

  • 4 · Accounts receivable

    beginning of year $4,125,000 · end of year $5,438,000

  • 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 $769,000 · end of year $903,000

  • 10a · Land, buildings and equipment: cost or other basis

    $2,133,000

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,059,000

  • 10c · Land, buildings and equipment, net

    beginning of year $1,540,000 · end of year $1,074,000

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,226,000 · end of year $5,306,000

  • 19 · Deferred revenue

    beginning of year $861,000 · end of year $2,107,000

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $1,412,000 · end of year $38,000

Mission and programs · 2024

Mission

TECHNOLOGY REVIEW'S MISSION IS TO BRING ABOUT BETTER INFORMED AND MORE CONSCIOUS DECISIONS ABOUT TECHNOLOGY THROUGH AUTHORITATIVE, INFLUENTIAL, AND TRUSTWORTHY JOURNALISM.

  • PUBLICATION OF A MAGAZINE

    Expenses $18,851,000 · Revenue $8,248,000

As filed on the 2024 return.

Listed in Part VII

  • Elizabeth Bramson-Boudreau

    President, Publisher, and CEO

    Total calculated
    $486,930
    From this org
    $409,685
    From related orgs
    $0
    Other
    $77,245
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $401,881
    Bonus
    $0
    Other
    $7,804
    Deferred
    $40,713
    Nontaxable benefits
    $36,532
    Filer's total
    $486,930
  • Alan Spoon

    Co-Chair

    Total calculated
    $0
    Hours/week
    2
  • Cynthia Barnhart

    Co-Chair

    Total calculated
    $1,103,532
    From this org
    $0
    From related orgs
    $1,084,227
    Other
    $19,305
    Hours/week
    2 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,013,373 related
    Bonus
    $0 + $10,000 related
    Other
    $0 + $60,854 related
    Deferred
    $0 + $17,250 related
    Nontaxable benefits
    $0 + $2,055 related
    Filer's total
    $0 + $1,103,532 related
  • David Schmittlein

    Director (Deceased 3/13/2025)

    Total calculated
    $1,026,578
    From this org
    $0
    From related orgs
    $1,007,941
    Other
    $18,637
    Hours/week
    1 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $941,699 related
    Bonus
    $0
    Other
    $0 + $66,242 related
    Deferred
    $0 + $17,250 related
    Nontaxable benefits
    $0 + $1,387 related
    Filer's total
    $0 + $1,026,578 related
  • Glen Shor

    Director

    Total calculated
    $1,027,167
    From this org
    $0
    From related orgs
    $950,529
    Other
    $76,638
    Hours/week
    1 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $888,554 related
    Bonus
    $0 + $10,000 related
    Other
    $0 + $51,975 related
    Deferred
    $0 + $40,713 related
    Nontaxable benefits
    $0 + $35,925 related
    Filer's total
    $0 + $1,027,167 related
  • Josh Macht

    Director

    Total calculated
    $0
    Hours/week
    1
  • Lara Boro

    Director

    Total calculated
    $0
    Hours/week
    1
  • Whitney Espich

    Director

    Total calculated
    $431,297
    From this org
    $0
    From related orgs
    $351,240
    Other
    $80,057
    Hours/week
    1 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $349,585 related
    Bonus
    $0
    Other
    $0 + $1,655 related
    Deferred
    $0 + $42,017 related
    Nontaxable benefits
    $0 + $38,040 related
    Filer's total
    $0 + $431,297 related
  • Enejda Xheblati

    Treasurer

    Total calculated
    $217,610
    From this org
    $167,628
    From related orgs
    $0
    Other
    $49,982
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $167,628
    Bonus
    $0
    Other
    $0
    Deferred
    $15,921
    Nontaxable benefits
    $34,061
    Filer's total
    $217,610
  • Peter Caruso

    Clerk

    Total calculated
    $0
    Hours/week
    1
  • Alison Papalia

    VP of Marketing and Consumer Revenue

    Total calculated
    $288,183
    From this org
    $236,024
    From related orgs
    $0
    Other
    $52,159
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $236,024
    Bonus
    $0
    Other
    $0
    Deferred
    $27,659
    Nontaxable benefits
    $24,500
    Filer's total
    $288,183
  • Amy Lammers

    Senior VP of Events and Strategic Partnerships

    Total calculated
    $255,142
    From this org
    $202,612
    From related orgs
    $0
    Other
    $52,530
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,612
    Bonus
    $0
    Other
    $0
    Deferred
    $19,106
    Nontaxable benefits
    $33,424
    Filer's total
    $255,142
  • Andrew Hendler

    VP of Sales and Brand Partnerships

    Total calculated
    $295,079
    From this org
    $270,807
    From related orgs
    $0
    Other
    $24,272
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $244,307
    Bonus
    $26,500
    Other
    $0
    Deferred
    $24,216
    Nontaxable benefits
    $56
    Filer's total
    $295,079
  • Drake Martinet

    Chief Technical Officer

    Total calculated
    $276,824
    From this org
    $251,636
    From related orgs
    $0
    Other
    $25,188
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $251,636
    Bonus
    $0
    Other
    $0
    Deferred
    $25,132
    Nontaxable benefits
    $56
    Filer's total
    $276,824
  • Mathew Honan

    Editor-In-Chief

    Total calculated
    $374,142
    From this org
    $301,634
    From related orgs
    $0
    Other
    $72,508
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $301,634
    Bonus
    $0
    Other
    $0
    Deferred
    $36,376
    Nontaxable benefits
    $36,132
    Filer's total
    $374,142
  • Ian Keller

    Director, Brand Partnerships

    Total calculated
    $246,320
    From this org
    $218,216
    From related orgs
    $0
    Other
    $28,104
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,312
    Bonus
    $88,904
    Other
    $0
    Deferred
    $6,804
    Nontaxable benefits
    $21,300
    Filer's total
    $246,320
  • Kristin Ingram

    Executive Director, Brand Partnerships

    Total calculated
    $327,592
    From this org
    $273,581
    From related orgs
    $0
    Other
    $54,011
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,339
    Bonus
    $95,242
    Other
    $0
    Deferred
    $19,879
    Nontaxable benefits
    $34,132
    Filer's total
    $327,592
  • Marii Sebahar

    Executive Director, Brand Partnerships

    Total calculated
    $360,429
    From this org
    $309,099
    From related orgs
    $0
    Other
    $51,330
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,996
    Bonus
    $118,383
    Other
    $11,720
    Deferred
    $18,583
    Nontaxable benefits
    $32,747
    Filer's total
    $360,429
  • Miles Weiner

    Advertising & Sales Administrator

    Total calculated
    $252,496
    From this org
    $236,616
    From related orgs
    $0
    Other
    $15,880
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,573
    Bonus
    $70,043
    Other
    $0
    Deferred
    $15,824
    Nontaxable benefits
    $56
    Filer's total
    $252,496
  • Stephanie Clement

    Executive Director, Brand Partnerships

    Total calculated
    $336,971
    From this org
    $283,093
    From related orgs
    $0
    Other
    $53,878
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $170,828
    Bonus
    $112,265
    Other
    $0
    Deferred
    $18,058
    Nontaxable benefits
    $35,820
    Filer's total
    $336,971

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

  • 1a · First-class or charter travel
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 5a · Pay contingent on this organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5b · Pay contingent on a related organization's revenues
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a First-class or charter travel
TECHNOLOGY REVIEW, INC. IS A SUBSIDIARY OF THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT) AND ADHERES TO MIT POLICIES. MIT ALLOWS BUSINESS/FIRST CLASS TRAVEL PURSUANT TO GUIDELINES INCLUDED IN A WRITTEN TRAVEL POLICY.
Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
Compensation survey or study; Approval by the board or compensation committee
Schedule J, Part I, Line 5a Compensation contingent on revenues of the organization
TECHNOLOGY REVIEW, INC. PAID BONUS COMPENSATION BASED ON TOTAL SALES OF ONE OR MORE ACTIVITIES CARRIED OUT BY THE ORGANIZATION.
Schedule J, Part I, Line 6a Compensation contingent on net earnings of the organization
TECHNOLOGY REVIEW, INC. PAID BONUS COMPENSATION BASED ON TOTAL NET EARNINGS OF ONE OR MORE ACTIVITIES CARRIED OUT BY THE ORGANIZATION.
Schedule J, Part I, Line 7 Non-fixed payments
TECHNOLOGY REVIEW, INC. PAID NON-FIXED BONUSES THAT WERE NOT CONTINGENT ON GROSS REVENUE OR NET EARNINGS.

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
15 May 2026
IRS schema version
2024v5.1
Source object
202611359349305436

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