2017-05-12T10:04:30-05:00 2016-06-30 990 2015-07-01 954893200 Technology Review Inc TECH 6174758000 One Main Street 13th Floor Cambridge MA 02142 ENEJDA XHEBLATI FINANCE MANAGER 2017-05-12 2015 2021-01-29 14:40:06Z Jason Pontin One Main Street 13th Floor Cambridge MA 02142 8153000 false X www.technologyreview.com X 2002 MA TECHNOLOGY REVIEW STRIVES TO BE THE WORLD'S BEST SOURCE FOR UNDERSTANDING EMERGING TECHNOLOGIES AND THEIR SOCIAL IMPACTS. WE SEE TECHNOLOGY AS CENTRAL TO OUR CULTURAL AND ECONOMIC WELL-BEING. 9 2 65 0 3086000 46294 0 0 8019000 8153000 0 0 0 0 8019000 8153000 0 0 0 5952000 6597000 0 0 0 4920000 6376000 10872000 12973000 -2853000 -4820000 779000 1340000 64482000 69863000 -63703000 -68523000 TECHNOLOGY REVIEW AND TECHNOLOGYREVIEW.COM STRIVE TO BE THE WORLD'S BEST SOURCES FOR UNDERSTANDING EMERGING TECHNOLOGIES AND THEIR SOCIAL IMPACTS. LIKE MIT, WE SEE TECHNOLOGY AS CENTRAL TO OUR CULTURAL AND ECONOMIC WELL-BEING. HENCE, WE SEEK TO INSPIRE, EDUCATE, STIMULATE, ILLUMINATE, AND, WITH A QUESTIONING BUT OPEN MIND, FOSTER A SENSE OF WONDER AND INTRIGUE ABOUT THE WORLD AROUND US. false false 10852000 8153000 PUBLICATION OF A MAGAZINE 10852000 true false false 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 65 true true true false false false false false false false false X 9 2 true false false false true true true true false false false false true true true false false true true false MA CA X Enejda Xheblati 6174758013 One Main Street 13th Floor Cambridge MA 02142 Martin A Schmidt Director and Chairman 1.0 60.0 X X 0 546540 116666 Jason Pontin Editor-in-Chief and Publisher 50.0 1.0 X X 311301 0 55671 Elizabeth Bramson-Boudreau Chief Operating Officer (Incoming) 40.0 0 X X 19806 0 1539 Alan G Spoon Director 1.0 5.0 X 0 0 0 Israel Ruiz Director 1.0 60.0 X 0 581064 50191 Judith Cole (Former Officer) Director 1.0 41.0 X 0 287901 61528 Jerome Friedman Director 1.0 0 X 0 0 0 David Schmittlein Director 1.0 0 X 0 772222 49970 Joichi Ito Director 1.0 40.0 X 0 253155 50165 Richard Crowley CFO 5.0 0 X 73663 0 0 James Coyle Chief Operating Officer (Outgoing) 40.0 2.0 X 182116 0 50056 Thomas Kelly Clerk 2.0 0 X 0 0 0 Kathleen Kennedy Director, Special Projects 40.0 2.0 X 213007 0 36860 Christine Shipley Executive Producer 40.0 0 X 290710 0 12974 David Rotman Executive Editor 40.0 0 X 175147 0 36921 James Friedman Advertising Sales Director 40.0 0 X 172895 0 43915 Erik Pelletier Chief Digital Officer and VP, Product Development 40.0 0 X 155088 0 33523 Barry Echavarria New England Sales Manager 40.0 0 X 149098 0 13397 1742831 2440882 613376 20 false true false RREEF PRINTING AMERICA REIT II CORP 444 BROADWAY SAUGUS MA 01906 DISTRIBUTIONS 689441 CAFCO CONSTRUCTION MANAGEMENT INC 77 CHARLES ST SOUTH BOSTON MA 02116 CONSTRUCTION 682195 STUDIO 125 LLC 2 Washington Ct Cambridge MA 02139 VIDEO PRODUCTION 426380 QUAD GRAPHICS INC N61 W23044 Harrys Way Sussex WI 530893995 PRINTING 363990 NORTHBAY SOLUTIONS LLC 100 Burtt RD SUITE 227 ANDOVER MA 01810 SOFTWARE DEVELOPMENT 312500 15 0 Publication of a Magazine 511120 8153000 5067000 3086000 0 0 0 0 8153000 0 0 0 0 0 0 0 0 0 8153000 5067000 3086000 0 1104000 552000 552000 4327000 3462000 865000 319000 255000 64000 510000 408000 102000 337000 270000 67000 310000 310000 11000 11000 21000 21000 710000 710000 0 0 133000 133000 140000 140000 262000 262000 848000 848000 412000 412000 678000 678000 243000 243000 54000 54000 Postage and Shipping 858000 858000 Printing and Publications 713000 713000 Service Contracts 502000 502000 Design and Artwork 288000 288000 193000 193000 0 0 12973000 10852000 2121000 0 22000 22000 1260000 1414000 0 0 -1490000 -1260000 3534000 2370000 987000 1164000 0 0 0 0 779000 1340000 1668000 2477000 939000 1756000 61875000 65630000 64482000 69863000 X -63703000 -68523000 -63703000 -68523000 779000 1340000 -4820000 0 X false true X false 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 3534000 2370000 1164000 1164000 Note Payable 2500000 Advance from MIT 63130000 65630000 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 AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE INSTITUTE HAS TAKEN AN UNCERTAIN 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, 2016, THERE ARE NO SIGNIFICANT UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. South America 0 0 Program Services,Conference Travel CONFERENCES AND MEETINGS 6293 Middle East and North Africa 0 0 Program Services,Conference Travel CONFERENCES AND MEETINGS 88 East Asia and the Pacific 0 0 Program Services,Conference Travel CONFERENCES AND MEETINGS 61563 Central America and the Caribbean 0 0 Program Services,Conference Travel CONFERENCES AND MEETINGS 2830 North America (Canada & Mexico only) 0 0 Program Services,Conference Travel CONFERENCES AND MEETINGS 31019 South Asia 0 0 Program Services,Conference Travel CONFERENCES AND MEETINGS 25906 Europe (Including Iceland and Greenland) 0 0 Program Services,Conference Travel CONFERENCES AND MEETINGS 69615 0 0 0 0 0 0 197314 0 197314 false false false false false true X true true X X false false false true false true false true false Martin A Schmidt Director and Chairman 0 521560 0 0 0 24980 0 39750 0 76916 0 663206 0 0 Jason Pontin Editor-in-Chief and Publisher 305602 0 0 0 5699 0 29150 0 26521 0 366972 0 0 0 Israel Ruiz Director 0 553032 0 0 0 28032 0 23850 0 26341 0 631255 0 0 Judith Cole (Former Officer) Director 0 285403 0 0 0 2498 0 50350 0 11178 0 349429 0 0 David Schmittlein Director 0 725488 0 0 0 46734 0 45050 0 4920 0 822192 0 0 Joichi Ito Director 0 253155 0 0 0 0 0 28790 0 21375 0 303320 0 0 James Coyle Chief Operating Officer (Outgoing) 171987 0 10129 0 0 0 23535 0 26521 0 232172 0 0 0 Kathleen Kennedy Director, Special Projects 146024 0 66983 0 0 0 16855 0 20005 0 249867 0 0 0 Christine Shipley Executive Producer 158352 0 22000 0 110358 0 10682 0 2292 0 303684 0 0 0 David Rotman Executive Editor 175147 0 0 0 0 0 26698 0 10223 0 212068 0 0 0 James Friedman Advertising Sales Director 114286 0 58609 0 0 0 16190 0 27725 0 216810 0 0 0 Erik Pelletier Chief Digital Officer and VP, Product Development 155088 0 0 0 0 0 13806 0 19717 0 188611 0 0 0 Barry Echavarria New England Sales Manager 90680 0 58418 0 0 0 11788 0 1609 0 162495 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 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 Business Relationship: The following current officers/directors of Technology Review, Inc. are employed by MIT - Martin Schmidt, Judith Cole, David Schmittlein, Joichi Ito and Israel Ruiz. Israel Ruiz is also an officer and director of MIT. Form 990, Part VI, Line 6 Classes of members or stockholders MIT is the sole member of Technology Review, Inc. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body MIT 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 FINANCE MANAGER RESPONSIBLE FOR TAX MATTERS REVIEWS THE FORM 990 FOR ACCURACY AND COMPLETENESS. Form 990, Part VI, Line 12c Conflict of interest policy THE EMPLOYEES OF TECHNOLOGY REVIEW, INC. ARE EXPECTED TO ADHERE TO THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT) POLICIES. MIT'S POLICIES AND PROCEDURES INCLUDE A SECTION TITLED CONFLICT OF INTEREST, WHICH IS GENERALLY APPLICABLE TO MEMBERS OF THE MIT COMMUNITY. 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 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 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. 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 9 TECHNOLOGY REVIEW INC true false false false false true 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.