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Organization DBA MassINC
CommonWealth magazine
Former Names --
Organization received a competitive grant from the Boston Foundation in the past five years Yes

Summary

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Mission StatementMORE »

The Massachusetts Institute for a New Commonwealth (MassINC) is an independent think tank and publisher of CommonWealth magazine. Our mission is to stimulate nonpartisan debate, shape policy and advance a public agenda that supports the growth of the middle class. MassINC's impact is achieved through research, journalism, and civic forums.

Mission Statement

The Massachusetts Institute for a New Commonwealth (MassINC) is an independent think tank and publisher of CommonWealth magazine. Our mission is to stimulate nonpartisan debate, shape policy and advance a public agenda that supports the growth of the middle class. MassINC's impact is achieved through research, journalism, and civic forums.

FinancialsMORE »

Fiscal Year Jan 01, 2016 to Dec 31, 2016
Projected Income $1,725,000.00
Projected Expense $1,599,641.00

ProgramsMORE »

  • CommonWealth magazine
  • MassINC

Revenue vs. Expense ($000s)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview

Mission Statement

The Massachusetts Institute for a New Commonwealth (MassINC) is an independent think tank and publisher of CommonWealth magazine. Our mission is to stimulate nonpartisan debate, shape policy and advance a public agenda that supports the growth of the middle class. MassINC's impact is achieved through research, journalism, and civic forums.

Background Statement

MassINC was founded in in 1996 by Tripp Jones, Mitchell Kertzman, and Michael Gritton who, together with a small group of leaders from the civic, business and policy-making fields, believed that the policy process in Massachusetts was missing accurate, thorough and unbiased information and research about the challenges facing the middle class.

MassINC was built around the conviction that better outcomes would be achieved if policy makers and opinion leaders were armed with credible data and analysis about key issues surrounding quality of life in Massachusetts.  Credible, unbiased, fact-based analysis have thus been cornerstones of the MassINC strategy and have made us the organization of record for policy analysis and civic engagement.


Impact Statement

Past year

1. Published Rebuilding Renewal: An Analysis of State Investment in Gateway Cities and a Work Plan for Delivering Transformative Development
2. Held the 3rd  annual Gateway Cities Innovation Awards and released Leading Together: Four Case Studies of Successful Gateway Cities Initiatives
3. Held the third annual MA Criminal Justice Reform Coalition policy summit and released a series of five Policy Briefs examining Justice Reinvestment in Massachusetts
4. CommonWealth magazine saw record high readership, closely following issues such as transportation and energy - as well as launching a new weekly podcast
5. Introduced five new members to the MassINC Board of Directors
 
Current Year
1. Broaden the impact of CommonWealth magazine's independent journalism in digital media
2. Nurture and promote young leaders in Massachusetts, specifically the Gateway Cities, through our Young Leaders profile series
3. Host a series of statewide events 

Needs Statement

1. Multiyear financial commitments to the Gateway Cities Innovation Instititue for our work in education reform, sustainable communities, community health, creative placemaking and transformative investments. Grassroots to treetops campaign seeking doations ranging from $100- $150,000/year to support annual budget of $500,000

2. Multiyear support for the Massachusetts Criminal Justice Reform Coalition

3. Yearly corporate sponsorship for the annual Gateway Cities Innovation Awards

4. Sustaining funding for the Gateway Cities Innovation Institute

5. Support for MassINC's 20th Anniversary fundraising campaign


CEO Statement

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Board Chair Statement

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Geographic Area Served

City of Boston- Citywide (Indiv. neighborhoods also listed)
STATEWIDE
GREATER BOSTON REGION, MA
MassINC’s focus is on all of Massachusetts – not just metro Boston – with a dedicated focus on the Gateway Cities of Massachusetts. These urban centers, such as Lawrence, New Bedford, Worcester, and Springfield, were historically a gateway to the middle class for generations of residents. To support this work, we founded the Gateway Cities Innovation Institute. We look locally, nationally and globally for best practices to support our mission.

Organization Categories

  1. Community Improvement, Capacity Building - Research Institutes and/or Public Policy Analysis
  2. -
  3. -

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

Under Development

Programs

CommonWealth magazine

CommonWealth magazine covers politics, policy, ideas, and civic life, with an emphasis on investigative reporting, in-depth analysis, and political mapping. It also provides a forum for policy makers and politicians to set forth their opinions.

The print magazine comes out four times a year while the online magazine, commonwealthmagazine.org, allows us to continue our coverage between issues. To expand its audience, CommonWealth's content is often shared with several local media outlets.

Budget  1,900,000
Category  None of the above
Population Served General/Unspecified
Program Short-Term Success 

CommonWealth magazine, published quarterly, has seen new success in the digital market thanks to a number of new electronic features, including:

-Back Story: A weekly column emailed to subscribers that gives the story behind the story in politics and public policy.

-The Download: a daily email feature that compiles all of the best coverage of politics and public policy from that day’s newspapers, magazines, broadcasts and blogs – complete with analysis to help make sense of it all.

-Face-to-Face: A series of video chats between Massachusetts' opinion leaders on pressing policy issues.

In addition to our improved online presence, CommonWealth continues to publish quarterly issues, sent to a subscriber list of nearly 10,000 of the most influential figureheads in Massachusetts politics, business, and media.

Program Long-Term Success 

CommonWealth magazine is approaching its 16th year of publication and award-winning long form civic journalism and investigative reporting.

Program Success Monitored By 

The MassINC Board of Directors and funders

Examples of Program Success  CommonWealth’s long-term and short-term successes align with our program success.

MassINC

MassINC is an independent think tank using non-partisan research, civic journalism and public forums to stimulate debate and shape public policy.  Our mission is to promote a public agenda for the middle class and to help all citizens achieve the American dream.

Budget  1,900,000
Category  None of the above
Population Served Families Adults Children and Youth (0 - 19 years)
Program Short-Term Success 

We have seen success with many of our current initiatives, including:

-The Fall 2012 Launch of the Gateway Cities Innovation Institute

-Leading the Gateway Cities in the creation of Education Reform Strategy

-Launch of the Gateway Cities Editors Network

-Creating the Massachusetts Criminal Justice Reform Coalition

-Revenue package that includes funding for regional transit and regional transformative investments

Program Long-Term Success 

-Launch of the MassINC Polling Group, is a full service survey opinion research company offering public opinion research to public, private, and social sector clients.

-Continuing to uphold MassINC’s mission statement of delivering unbiased, nonpartisan research that affects the Middle Class, with research reports including:

      -The Middle Class Index

      -The State of the American Dream in Massachusetts

      -Public Records initiative

      -A report card on Massachusetts’ progress in meeting green house gas emission reduction targets

-The first in Massachusetts to win a national competition for Creative Placemaking

Program Success Monitored By  The MassINC Board of Directors and funders.
Examples of Program Success  MassINC’s long-term and short-term successes align with our program success.

CEO/Executive Director/Board Comments

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Management


CEO/Executive Director Mr. Gregory Torres
CEO Term Start June 2007
CEO Email [email protected]
CEO Experience

Greg Torres joined MassINC in June of 2007.  As President, he is responsible to the Board of Directors for setting policy, leading fund raising activities, and guiding program operations.  Greg also serves as publisher of CommonWealth magazine, now a leader in investigative journalism.

 Greg began his career working with juvenile delinquents in the early 1970s in Boston.  As the de-institutionalization movement proceeded, Greg was instrumental in developing community-based programs for adolescents with his work at the Massachusetts Committee on Criminal Justice.  As Assistant Secretary for Criminal Justice under Governor Michael Dukakis, he led reform efforts in the adult correctional system as well.  From 1984-1992 Greg served as Chief of Staff to the Massachusetts’ Senate Committee on Ways and Means.

In 1992 Greg joined the MENTOR Network as Senior Vice President, having served as a founding board member in 1980.  Assuming the role of President and CEO from 1996-2005, Greg led the growth of MENTOR from a regional company providing services primarily to children into a national organization serving people of all ages in a wide variety of settings, now operating in thirty-seven states.  Having retired as CEO, Greg continues to chair the board of the MENTOR Network.

Greg is a graduate of the John F. Kennedy School of Government at Harvard University (MPA 1982) and of St. Vincent’s College in Latrobe PA (BA 1971).  Greg chaired the board of Roca, a Chelsea-based organization from 2006-2009.
Co-CEO --
Co-CEO Term Start --
Co-CEO Email --
Co-CEO Experience --

Former CEOs and Terms

Name Start End
-- -- --

Senior Staff

Name Title Experience/Biography
Ms. Lauren Louison Chief Operating Officer Lauren has more than 25 years experience in the private, public and non-profit sectors helping organizations define, align and implement their strategic business, advocacy, fundraising and communications goals. Prior to joining MassINC, Lauren was a senior vice president at Solomon McCown & Company where she founded and led the public affairs practice serving local and national clients including New Profit Inc, Robert Wood Johnson Foundation, Nellie Mae Education Foundation and the Boston Municipal Research Bureau. Lauren’s career has included leading the national, urban policy think tank CEOs for Cities, serving as chief of staff to the vice president for Government, Community and Public Affairs at Harvard University and director of Planning and Research for the Boston Police Department. She began her career as staff to Boston Mayor Kevin H. White. 
Mr. Bruce Mohl Editor, CommonWealth magazine

Bruce is the editor ofCommonWealthMagazine, the quarterly journal of Massachusetts politics and civic life.

Mohl came toCommonWealthfrom theBoston Globe,where he spent nearly 30 years in a wide variety of positions covering business and politics. He covered the Massachusetts State House and served as theGlobe’s State House bureau chief in the late 1980s. He also reported for theGlobe’s Spotlight Team, winning a Loeb award in 1992 for coverage of conflicts of interest in the state’s pension system. He served as theGlobe’s political editor in 1994, managing the coverage of the state election and the campaign for U.S. Senate between Mitt Romney and Senator Edward Kennedy. Most recently, Mohl was theGlobe’s consumer reporter, writing the weekly Consumer Beat column and covering a wide range of policy and pocketbook issues.

Mohl is a graduate of Ohio Wesleyan University and the Fletcher School of Law and Diplomacy at Tufts University.

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
-- --
Member of state association of nonprofits? Yes
Name of state association --

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --

Collaborations

Emerson College, Suffolk University, WBUR and other media as opportunistic. Mass Cultural Council, Immigrant Law Center, MAPC, MTC, MassDevelopment

CEO/Executive Director/Board Comments

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Foundation Comments

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Staff Information

Number of Full Time Staff 12
Number of Part Time Staff 2
Number of Volunteers 1
Number of Contract Staff 0
Staff Retention Rate % --

Staff Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 0
Caucasian: 11
Hispanic/Latino: 1
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 3
Male: 9
Not Specified 0

Plans & Policies

Organization has Fundraising Plan? Yes
Organization has Strategic Plan? Yes
Years Strategic Plan Considers 5
Management Succession Plan --
Business Continuity of Operations Plan No
Organization Policies And Procedures Yes
Nondiscrimination Policy Yes
Whistle Blower Policy Yes
Document Destruction Policy --
Directors and Officers Insurance Policy --
State Charitable Solicitations Permit --
State Registration --

Risk Management Provisions

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Reporting and Evaluations

Management Reports to Board? Yes
CEO Formal Evaluation and Frequency Yes Annually
Senior Management Formal Evaluation and Frequency Yes Annually
Non Management Formal Evaluation and Frequency Yes Annually

Governance


Board Chair Ms. Ann-Ellen Hornidge
Board Chair Company Affiliation Mintz-Levin
Board Chair Term Jan 2008 -
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Ms. Stephanie Anderson The Community Builders, Inc. Voting
Mr. David Begelfer NAIOP Massachusetts Voting
Mr. Andrew Calamare The Co-operative Central Bank Voting
Mr. Neil Chayet Chayet Communications Group Voting
Mr. Philip Condon DWS Investments Voting
Mr. Sean Curran Waterville Consulting --
Ms. Geri Denterlein Denterlein Voting
Mr. Mark Erlich New England Regional Council of Carpenters Voting
Ms. Monica Escobar-Lowell UMass Memorial Health Care Voting
Ms. Pamela Feingold Eastern Bank Voting
Mr. Robert Fraser Retired Voting
Mr. Nick Fyntrilakis MassMutual --
Dr. Lane Glenn Northern Essex Community College Voting
Mr. Thomas Green Citigroup Voting
Mr. Harold Hestnes Wilmerhale Voting
Mr. Tripp Jones Newprofit, Inc. Voting
Ms. Juliette Kayyem Government --
Mr. William McDermott McDermott, Quilty & Miller LLP Voting
Ms. Jennifer Nassour Consigli and Brucato --
Ms. Eileen O'Connor Keyser Public Strategies Voting
Mr. Tom Pappas Retired --
Mr. Dean Richlin Foley Hoag LLP Voting
Mr. Kenneth Robinson Citizens' Financial Group Voting
Mr. Mark Robinson Mintz Levin Voting
Mr. Paul Scanlon Putnam Investments Voting
Mr. Richard Tisei Preti Strategies Voting
Mr. Gregory Torres MassINC and CommonWealth magazine Exofficio
Mr. Tom Trimarco O'Neill and Associates Voting
Mr. Eric Turner Waban Consulting Voting
Ms. Lisa Wong Former Mayor - City of Fitchburg Voting

Constituent Board Members

Name Company Affiliations Status
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Youth Board Members

Name Company Affiliations Status
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Advisory Board Members

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 3
Asian American/Pacific Islander: 1
Caucasian: 25
Hispanic/Latino: 2
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 10
Male: 21
Not Specified 0

Board Information

Board Term Lengths --
Board Term Limits --
Board Meeting Attendance % --
Written Board Selection Criteria Yes
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 75%
Percentage of In-Kind Contributions 75%
Constituency Includes Client Representation Yes

Standing Committees

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CEO/Executive Director/Board Comments

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Foundation Comments

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Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

Fiscal Year Jan 01, 2016 to Dec 31, 2016
Projected Income $1,725,000.00
Projected Expense $1,599,641.00
Form 990s

2014 Form 990

2013 Form 990

2012 Form 990

2011 Form 990

2010 Form 990

2009 Form 990

Audit Documents

2014 Audited Financials

2013 Audited Financials

2012 Audited Financials

2011 Audited Financials

2010 Audited Financials

2009 Audited Financials

IRS Letter of Exemption

IRS Letter of Determination

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2014 2013 2012
Total Revenue $1,587,924 $2,235,089 $1,746,916
Total Expenses $1,802,892 $1,927,342 $2,032,333

Prior Three Years Revenue Sources

Fiscal Year 2014 2013 2012
Foundation and
Corporation Contributions
-- -- --
Government Contributions $0 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified -- -- $0
Individual Contributions $1,384,109 $1,977,934 $1,500,840
Indirect Public Support -- -- $0
Earned Revenue $186,313 $202,788 $214,930
Investment Income, Net of Losses $17,502 $54,367 $31,146
Membership Dues -- -- $0
Special Events -- -- $0
Revenue In-Kind -- -- --
Other -- -- --

Prior Three Years Expense Allocations

Fiscal Year 2014 2013 2012
Program Expense $1,379,769 $1,410,358 $1,477,086
Administration Expense $163,129 $224,016 $226,557
Fundraising Expense $259,994 $292,968 $328,690
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 0.88 1.16 0.86
Program Expense/Total Expenses 77% 73% 73%
Fundraising Expense/Contributed Revenue 19% 15% 22%

Prior Three Years Assets and Liabilities

Fiscal Year 2014 2013 2012
Total Assets $468,399 $696,254 $432,951
Current Assets $326,898 $468,554 $332,497
Long-Term Liabilities -- $0 $0
Current Liabilities $153,076 $165,963 $210,407
Total Net Assets $315,323 $530,291 $222,544

Prior Three Years Top Three Funding Sources

Fiscal Year 2014 2013 2012
1st (Source and Amount) -- --
-- --
-- --
2nd (Source and Amount) -- --
-- --
-- --
3rd (Source and Amount) -- --
-- --
-- --

Financial Planning

Endowment Value --
Spending Policy N/A
Percentage(If selected) --
Credit Line Yes
Reserve Fund No
How many months does reserve cover? --

Capital Campaign

Are you currently in a Capital Campaign? Yes
Capital Campaign Purpose This year MassINC and CommonWealth magazine are celebrating 20 years of nonpartisan research, independent journalism and civic engagement that has changed the public discourse about the middle class in Massachusetts. The purpose of the 20th Anniversary Campaign is to allow us to invest more deeply in three activities that are important to the future of the Commonwealth. They are to identify policies that strengthen our economy and create pathways to opportunity- particularly in our Gateway Cities, mentor and support diverse, emerging leaders in every region of Massachusetts, and broaden the impact and reach of CommonWealth magazine’s independent journalism in digital media. The goal of the 20th Anniversary Campaign is to raise two million dollars.
Campaign Goal $2,000,000.00
Capital Campaign Dates May 2016 - Dec 2016
Capital Campaign Raised-to-Date Amount $215,000.00
Capital Campaign Anticipated in Next 5 Years? --

Short Term Solvency

Fiscal Year 2014 2013 2012
Current Ratio: Current Assets/Current Liabilities 2.14 2.82 1.58

Long Term Solvency

Fiscal Year 2014 2013 2012
Long-term Liabilities/Total Assets 0% 0% 0%

CEO/Executive Director/Board Comments

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Foundation Comments

Financial summary data in charts and graphs are per the organization's IRS 990s.  Contributions from foundations and corporations are listed under individuals when the breakout was not available.

Documents


Other Documents

No Other Documents currently available.

Impact

The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.


1. What is your organization aiming to accomplish?

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2. What are your strategies for making this happen?

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3. What are your organization’s capabilities for doing this?

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4. How will your organization know if you are making progress?

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5. What have and haven’t you accomplished so far?

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