2022-09-06T13:31:09-05:00 2020-06-30 990 2019-07-01 954893200 Technology Review Inc TECH 6174758000 One Main Street 13th Floor Cambridge MA 02142 ENEJDA XHEBLATI DIRECTOR OF FINANCE 2022-09-06 2019 2022-09-23 18:48:47Z X Elizabeth Bramson-Boudreau One Main Street 13th Floor Cambridge MA 02142 17630000 false X www.technologyreview.com X 2002 MA TECHNOLOGY REVIEW'S MISSION IS TO BRING ABOUT BETTER INFORMED AND MORE CONSCIOUS DECISIONS ABOUT TECHNOLOGY THROUGH AUTHORITATIVE, INFLUENTIAL, AND TRUSTWORTHY JOURNALISM. 7 2 80 0 3837000 0 3708000 4518000 11934000 11360000 0 1961000 1752000 17603000 17630000 0 0 9089000 10223000 0 0 8589000 7407000 17678000 17630000 -75000 0 4703000 5203000 4703000 5203000 0 0 TECHNOLOGY REVIEW'S MISSION IS TO BRING ABOUT BETTER INFORMED AND MORE CONSCIOUS DECISIONS ABOUT TECHNOLOGY THROUGH AUTHORITATIVE, INFLUENTIAL, AND TRUSTWORTHY JOURNALISM. false false 15519000 7523000 PUBLICATION OF A MAGAZINE 15519000 true true false false false false false false false true false false false true true false true false false true false false false false false false false false true false false false false false false false false false false false false false true true false false false true 0 0 80 true true true false false false false false false false false false false false X 7 2 true false false false true true true true false false false false true true true true true true true false CA MA X Enejda Xheblati 6174758013 One Main Street 13th Floor Cambridge MA 02142 Elizabeth Bramson-Boudreau President, Publisher, and CEO 40.0 4.0 X X 363975 0 61307 Martin Schmidt Chair 2.0 60.0 X X 0 755469 76469 Alan Spoon Director 1.0 0 X 0 0 0 David Schmittlein Director 1.0 40.0 X 0 870195 115791 Glen Shor Director 1.0 40.0 X 0 422643 63256 Israel Ruiz Director 1.0 60.0 X 0 868577 58016 Jerome Friedman Director 1.0 0 X 0 0 0 Joichi Ito Director 1.0 40.0 X 0 226416 50026 Whitney Espich Director 1.0 40.0 X 0 284160 64307 Enejda Xheblati Treasurer 40.0 4.0 X 127023 0 38706 Peter Caruso Clerk 1.0 0 X 0 0 0 Amy Lammers Senior VP of Events and Strategic Partnerships 40.0 0 X 216772 0 36694 Doreen Adger Senior VP of Marketing and Consumer Revenue 40.0 0 X 244233 0 34075 Gideon Lichfield Editor-In-Chief 40.0 0 X 278473 0 40275 Cecil Caine Chief Digital Officer 40.0 0 X 248696 0 53371 David Rotman Editor 40.0 0 X 200582 0 20090 Deborah Hanley Business Development Manager 40.0 0 X 195314 0 29537 Kristin Ingram Executive Director, Brand Partnerships 40.0 0 X 234546 0 44001 Marii Sebahar VP of Sales 40.0 0 X 213608 0 36547 Kathleen Kennedy Former Director, Special Projects 0.0 40.0 X 0 190584 42213 2323223 3618044 864680 27 true true false RREEF AMERICA REIT II CORP 222 SOUTH RIVERSIDE PLAZA 26TH FLOOR CHICAGO IL 60606 DISTRIBUTIONS 1044614 QUAD GRAPHICS INC 110 COMMERCE WAY WOBURN MA 01801 DIGITAL PRINTING 439569 ASENDIA USA INC 701C ASHLAND AVE FOLCROFT PA 19032 SHIPPING 437205 WMBE PAYROLLING INC 9475 Chesapeake Drive San Diego CA 92123 STAFFING SERVICES 383158 JJS&A INC 304 LAKESIDE DRIVE SOUTHAMPTON PA 18966 COMMERCIAL PRINTING 379812 11 4513000 5000 4518000 Publication of a Magazine 511120 11360000 7523000 3837000 0 0 0 0 11360000 1752000 1752000 0 0 0 0 0 0 0 0 0 17630000 7523000 3837000 1752000 X 1466000 649000 817000 6742000 6068000 674000 474000 427000 47000 1028000 925000 103000 513000 462000 51000 34000 34000 2425000 2040000 385000 0 482000 482000 1445000 1445000 673000 673000 1283000 1283000 321000 321000 351000 351000 235000 235000 Publication Expenses 151000 151000 7000 7000 0 0 17630000 15519000 2111000 0 42000 44000 6233000 4058000 0 0 0 0 -2214000 485000 2552000 1936000 642000 616000 0 0 0 0 4703000 5203000 2628000 2443000 1126000 1891000 0 0 949000 869000 4703000 5203000 X 0 0 4703000 5203000 0 0 0 0 0 0 X false true X true false X X 1 MASSACHUSETTS INSTITUTE OF TECHNOLOGY 042103594 2 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1238000 957000 281000 564000 554000 10000 750000 425000 325000 616000 DEFERRED SUBSCRIPTIONS 911000 OTHER LIABILITIES -42000 869000 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote TECHNOLOGY REVIEW, INC. IS A SUBSIDIARY OF THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT). TECHNOLOGY REVIEW INC.'S FINANCIAL STATEMENTS ARE PREPARED AND AUDITED ON A CONSOLIDATED BASIS WITH MIT. US GAAP requires MIT to evaluate tax positions taken by the Institute to recognize a tax liability (or asset) if the Institute has taken an uncertain tax position that, more likely than not, would not be sustained upon examination by the IRS. MIT has analyzed the tax positions taken and has concluded that as of June 30, 2020, there are no significant uncertain tax positions taken or expected to be taken. East Asia and the Pacific 0 0 Program Services,Conference Travel CONFERENCES AND MEETINGS 92933 Middle East and North Africa 0 0 Program Services,Conference Travel CONFERENCES AND MEETINGS 27020 North America (Canada & Mexico only) 0 0 Program Services,Conference Travel CONFERENCES AND MEETINGS 9319 South Asia 0 0 Program Services,Conference Travel CONFERENCES AND MEETINGS 1971 Europe (Including Iceland and Greenland) 0 0 Program Services,Conference Travel CONFERENCES AND MEETINGS 6980 South America 0 0 Program Services,Conference Travel CONFERENCES AND MEETINGS 80 0 0 0 0 0 0 138303 0 138303 false false false false false true X true true X X true false false true false true false true false Elizabeth Bramson-Boudreau President, Publisher, and CEO 293041 0 61532 0 9403 0 33220 0 28087 0 425282 0 0 0 Martin Schmidt Chair 0 714920 0 0 0 40550 0 44800 0 31669 0 831938 0 0 Whitney Espich Director 0 282184 0 0 0 1976 0 33220 0 31087 0 348466 0 0 Joichi Ito Director 0 193463 0 0 0 32952 0 29804 0 20222 0 276442 0 0 Israel Ruiz Director 0 757114 0 0 0 111463 0 30800 0 27216 0 926593 0 0 David Schmittlein Director 0 818100 0 0 0 52095 0 58800 0 56991 0 985986 0 0 Glen Shor Director 0 410623 0 0 0 12020 0 33220 0 30036 0 485899 0 0 Enejda Xheblati Treasurer 111423 0 15600 0 0 0 10658 0 28048 0 165729 0 0 0 Kathleen Kennedy Former Director, Special Projects 0 162084 0 0 0 28500 0 22033 0 20179 0 232797 0 0 Doreen Adger Senior VP of Marketing and Consumer Revenue 212233 0 32000 0 0 0 24170 0 9905 0 278308 0 0 0 Gideon Lichfield Editor-In-Chief 258473 0 20000 0 0 0 30610 0 9665 0 318748 0 0 0 Amy Lammers Senior VP of Events and Strategic Partnerships 174497 0 42275 0 0 0 16383 0 20311 0 253466 0 0 0 David Rotman Editor 200582 0 0 0 0 0 10186 0 9905 0 220673 0 0 0 Marii Sebahar VP of Sales 151182 0 52924 0 9501 0 8532 0 28015 0 250155 0 0 0 Deborah Hanley Business Development Manager 118265 0 77049 0 0 0 11859 0 17678 0 224851 0 0 0 Cecil Caine Chief Digital Officer 218943 0 28000 0 1753 0 25992 0 27379 0 302067 0 0 0 Kristin Ingram Executive Director, Brand Partnerships 143144 0 91402 0 0 0 15913 0 28087 0 278547 0 0 0 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 4a Severance or change-of-control payment An individual listed in Part VII, Section A, Line 1a, received a payment of $65,422 from a related organization during calendar year 2019. Schedule J, Part I, Line 5a Compensation contingent on revenues of the organization TECHNOLOGY REVIEW, INC. PAID BONUS COMPENSATION TO THE HIGHEST COMPENSATED INDIVIDUALS AND KEY EMPLOYEE BASED ON TOTAL SALES AND NET EARNINGS OF THE ORGANIZATION COMPARED TO THEIR BUDGET, RESPECTIVELY. Schedule J, Part I, Line 6a Compensation contingent on net earnings of the organization TECHNOLOGY REVIEW, INC. PAID BONUS COMPENSATION TO THE HIGHEST COMPENSATED INDIVIDUALS AND KEY EMPLOYEE BASED ON TOTAL SALES AND NET EARNINGS OF THE ORGANIZATION COMPARED TO THEIR BUDGET, RESPECTIVELY. Schedule J, Part I, Line 7 Non-fixed payments THE BOARD APPROVED BONUS COMPENSATION FOR AMOUNTS OVER THE ANNUAL BUDGET FOR CERTAIN REPORTED INDIVIDUALS. Form 990, Part IV, Line 12b Consolidated Financial Statements TECHNOLOGY REVIEW, INC. IS A SUBSIDIARY OF THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT). TECHNOLOGY REVIEW, INC.'S FINANCIAL STATEMENTS ARE PREPARED AND AUDITED ON A CONSOLIDATED BASIS WITH MIT. Form 990, Part VI, Line 2 Business Relationship FOR FISCAL YEAR 2020, THE FOLLOWING CURRENT OFFICERS/DIRECTORS OF TECHNOLOGY REVIEW, INC. WERE EMPLOYED BY MIT, OF WHICH ISRAEL RUIZ WAS AN OFFICER AND DIRECTOR: MARTIN SCHMIDT, WHITNEY ESPICH, DAVID SCHMITTLEIN, GLEN SHOR AND JOICHI ITO. ADDITIONALLY, ISRAEL RUIZ AND ALAN SPOON WERE MEMBERS OF THE BOARD OF FORTIVE CORPORATION DURING FISCAL YEAR 2020. Form 990, Part VI, Line 6 Classes of members or stockholders THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY IS THE SOLE MEMBER OF TECHNOLOGY REVIEW, INC. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY has the right to elect and appoint members of the governing body. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders IN ADDITION TO THE RIGHT TO ELECT BOARD MEMBERS AS DESCRIBED IN RESPONSE TO LINE 7A, THE SOLE MEMBER SHALL HAVE SUCH OTHER POWERS RESERVED TO THE MEMBER BY LAW, THE ARTICLES OF ORGANIZATION OR THE BYLAWS. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body THERE ARE NO SUCH COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Line 11b Review of form 990 by governing body TECHNOLOGY REVIEW, INC.'S OFFICER RESPONSIBLE FOR TAX MATTERS REVIEWS THE FORM 990 FOR ACCURACY AND COMPLETENESS. Form 990, Part VI, Line 12c Conflict of interest policy TECHNOLOGY REVIEW, INC. FOLLOWS APPLICABLE WRITTEN POLICIES AND PROCEDURES OF MASSACHUSETTS INSTITUTE OF TECHNOLOGY. ANNUAL DISCLOSURE EMPLOYEES ARE REQUIRED TO ANNUALLY ACKNOWLEDGE IN WRITING THAT THEY ARE AWARE OF THE POLICY AND IDENTIFY ANY RELATIONSHIPS OR RESPONSIBILITIES THAT HAVE THE POTENTIAL OF PRODUCING CONFLICTS OF INTEREST. EACH YEAR, DISCLOSURE FORMS ARE DISTRIBUTED TO THOSE COVERED BY THESE POLICIES. IF A RESPONSE REVEALS A CONFLICT OR POTENTIAL CONFLICT, SUCH CONFLICT IS REFERRED TO THE APPROPRIATE INDIVIDUAL OR BODY FOR CONSIDERATION AND MANAGEMENT. Form 990, Part VI, Line 15a Process to establish compensation of top management official Technology Review, Inc. works closely with MIT's Compensation Office to ensure equitable compensation and follows MIT guidelines and processes in establishing compensation levels. The MIT Compensation Office obtains compensation data from various salary surveys to compare compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. Technology Review, Inc. contemporaneously documents all compensation decisions, which are reviewed and approved by the MIT Compensation Office. Form 990, Part VI, Line 15b Process to establish compensation of other employees Technology Review, Inc. works closely with MIT's Compensation Office to ensure equitable compensation and follows MIT guidelines and processes in establishing compensation levels. The MIT Compensation Office obtains compensation data from various salary surveys to compare compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. Technology Review, Inc. contemporaneously documents all compensation decisions, which are reviewed and approved by the MIT Compensation Office. Form 990, Part VI, Line 19 Required documents available to the public TECHNOLOGY REVIEW, INC. IS A SUBSIDIARY OF THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT) AND ADHERES TO MIT POLICIES. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE ON MIT'S WEBSITE HTTP://WEB.MIT.EDU. THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part IX, Line 11g Other Fees MISCELLANEOUS PROFESSIONAL SERVICES - Total Expense: 2425000, Program Service Expense: 2040000, Management and General Expenses: 385000, Fundraising Expenses: ; Form 990, Part XII, Line 2b Audit by Independent Accountant THE FINANCIAL STATEMENTS OF TECHNOLOGY REVIEW, INC. ARE INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT) AND AUDITED BY AN INDEPENDENT ACCOUNTANT. THE MIT AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE CONSOLIDATED FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. FORM 990, PART VI, Line 12c, 13, and 14 POLICIES AND PROCEDURES ALL OF TECHNOLOGY REVIEW, INC.'S POLICIES AND PROCEDURES ARE ESTABLISHED BY MIT, INCLUDING POLICIES ON CONFLICT OF INTEREST, WHISTLEBLOWER, AND DOCUMENT RETENTION AND DESTRUCTION. MASSACHUSETTS INSTITUTE OF TECHNOLOGY 77 MASSACHUSETTS AVENUE CAMBRIDGE MA 02139 042103594 EDUCATION MA 501(c)(3) 2 NA false ENTERPRISE FORUM INC 77 MASSACHUSETTS AVENUE CAMBRIDGE MA 02139 042921492 EDUCATION MA 501(c)(3) 10 TECHNOLOGY REVIEW INC true false false true false false false false false false false false false false false false false true false false Schedule R, Part II Group Return As a result of Tech Review's control of an organization which serves as the central organization under a group exemption Tech Review has related organizations that are subordinate organizations included in a group exemption. Pursuant to IRS instructions, these organizations are not required to be separately listed on Schedule R.