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Nonprofit · EIN 13-3174407

COMMONWEAL FOUNDATION

Tax-exempt · NEW YORK, NY 10115

Financials

$2.3M$2.4M2022$3.4M$2.5M2023$3.7M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of COMMONWEAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$3,665,679$2,445,187$1,220,492$5,846,741$539,508$5,307,233
September 30, 2024990$3,441,051$2,491,210$949,841$4,850,758$955,696$3,895,062
September 30, 2023990$2,312,170$2,365,373-$53,203$3,266,753$628,103$2,638,650
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$2,650,855
Program service revenue
$721,814
Investment income
$273,030
Net gain from sales of assets
$149,642
Other revenue
$19,980

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$412,307
Other salaries and wages
$675,393
Salaries, compensation and benefits (total)
$1,313,296
Professional fundraising fees
$0
Accounting fees
$31,384
Occupancy
$32,512
Travel
$9,939
Program services (functional)
$1,643,106
Management and general (functional)
$621,006
Fundraising (functional)
$181,075

Balance sheet and other

Total assets, start of year
$4,850,758
Total assets, end of year
$5,846,741
Total liabilities, end of year
$539,508
Net assets, end of year
$5,307,233
Publicly traded securities
$4,759,066
Net assets without donor restrictions
$4,208,985
Net assets with donor restrictions
$1,098,248
Gross receipts
$4,467,059
Employees
18
Volunteers
0
Year formed
1983
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DOMINIC PREZIOSIPRESIDENT
Trustee or director, Officer
32$130,835$39,002
JAMES HANNANVICE PRES & TREASURER & SE
Officer
32$95,464$21,060
ELLEN KONECKEXECUTIVE DIRECTOR
Trustee or director
32$107,000$5,763
PETER STEINFELSDIRECTOR
Trustee or director
1$1,250$0
ALICE MCDERMOTTDIRECTOR
Trustee or director
1$850$0
JOHN MCGREEVEYFORMER DIRECTOR
Trustee or director
1$850$0
CATHLEEN KAVENYDIRECTOR
Trustee or director
1$800$0
VINCENT ROGEAUDIRECTOR
Trustee or director
1$0$0
DENNIS O'BRIENDIRECTOR / CHAIR EMERITUS
Trustee or director
1$0$0
BARBARA ROSIELLODIRECTOR / CHAIR EMERITUS
Trustee or director
1$0$0
JANE O'CONNELLDIRECTOR
Trustee or director
1$0$0
TIM WELSHDIRECTOR
Trustee or director
1$0$0
PAUL SAUNDERSDIRECTOR / CHAIR EMERITUS
Trustee or director
2$0$0
MARC VANDERHEYDENDIRECTOR
Trustee or director
1$0$0
DANIEL MURTAUGHDIRECTOR
Trustee or director
1$0$0
12 more people on this return
NameTitleHours / weekCompensation
JAMES T MORLEY JRDIRECTOR
Trustee or director
1$0
MARK DALTONDIRECTOR / CHAIR EMERITUS
Trustee or director
1$0
THOMAS BAKERDIRECTOR / VICE CHAIRMAN
Trustee or director
1$0
ROSANNE HAGGERTYFORMER VICE CHAIRMAN/DIRECTOR
Trustee or director, Officer
1$0
DANIEL MURRAYDIRECTOR
Trustee or director
1$0
JOHN KUSTERDIRECTOR
Trustee or director
1$0
THOMAS HIGGINSFORMER DIRECTOR
Trustee or director
1$0
CHRIS LOWNEYCHAIRMAN/DIRECTOR
Trustee or director, Officer
1$0
NATALIA IMPERATORI-LEEDIRECTOR
Trustee or director
1$0
HOSFFMAN OSPINODIRECTOR
Trustee or director
1$0
MEGHAN SULLIVANDIRECTOR
Trustee or director
1$0
MICHAEL OKINCZYC-CRUZDIRECTOR
Trustee or director
1$0
990 for the year ended September 30, 2024: 27 people
NameTitleHours / weekCompensationOther / benefits
DOMINIC PREZIOSIPRESIDENT
Trustee or director, Officer
32$131,077$42,109
ADRIANNA MELNYKVICE PRESIDENT OF ADVANCEM
Highest-paid employee
32$102,791$25,823
JAMES HANNANVICE PRES & TREASURER & SE
Officer
32$93,228$19,973
ELLEN KONECKDIRECTOR
Trustee or director
32$107,000$5,752
VINCENT ROGEAUDIRECTOR
Trustee or director
1$0$0
DENNIS O'BRIENDIRECTOR
Trustee or director
1$0$0
BARBARA ROSIELLODIRECTOR
Trustee or director
1$0$0
JANE O'CONNELLDIRECTOR
Trustee or director
1$0$0
TIM WELSHDIRECTOR
Trustee or director
1$0$0
PAUL SAUNDERSDIRECTOR
Trustee or director
2$0$0
PETER STEINFELSDIRECTOR
Trustee or director
1$0$0
ALICE MCDERMOTTDIRECTOR
Trustee or director
1$0$0
MARK VANDERHEYDENDIRECTOR
Trustee or director
1$0$0
DANIEL MURTAUGHDIRECTOR
Trustee or director
1$0$0
JAMES T MORLEY JRDIRECTOR
Trustee or director
1$0$0
MARK DALTONDIRECTOR
Trustee or director
1$0$0
JOHN MCGREEVEYDIRECTOR
Trustee or director
1$0$0
BRIEN O'BRIENFORMER DIRECTOR
Trustee or director
1$0$0
THOMAS BAKERDIRECTOR
Trustee or director
1$0$0
CATHLEEN KAVENYDIRECTOR
Trustee or director
1$0$0
ROSANNE HAGGERTYVICE CHAIRMAN/DIRECTOR
Trustee or director, Officer
1$0$0
MICHAEL PEPPARDFORMER DIRECTOR
Trustee or director
1$0$0
DANIEL MURRAYDIRECTOR
Trustee or director
1$0$0
JOHN KUSTERDIRECTOR
Trustee or director
1$0$0
THOMAS HIGGINSDIRECTOR
Trustee or director
1$0$0
CHRIS LOWNEYCHAIRMAN/DIRECTOR
Trustee or director, Officer
1$0$0
NATALIA IMPERATORI-LEEDIRECTOR
Trustee or director
1$0$0
990 for the year ended September 30, 2023: 28 people
NameTitleHours / weekCompensationOther / benefits
DOMINIC PREZIOSIPRESIDENT
Trustee or director, Officer
32$125,731$37,376
ADRIANNA MELNYKVICE PRESIDENT OF ADVANCEMENT
Highest-paid employee
32$104,556$21,270
JAMES HANNANVICE PRES & TREASURER & SE
Officer
32$92,632$18,027
THOMAS BAKERDIRECTOR/FORMER PUBLISHER
Trustee or director
32$82,207$4,412
ELLEN KONECKDIRECTOR
Trustee or director
32$41,904$1,885
VINCENT ROGEAUDIRECTOR
Trustee or director
1$0$0
DENNIS O'BRIENDIRECTOR
Trustee or director
1$0$0
BARBARA ROSIELLODIRECTOR/FORMER VICE CHAIRMAN
Trustee or director
1$0$0
PETER CATANZAROFORMER DIRECTOR
Trustee or director
1$0$0
JANE O'CONNELLDIRECTOR
Trustee or director
1$0$0
TIM WELSHDIRECTOR
Trustee or director
1$0$0
PAUL SAUNDERSDIRECTOR
Trustee or director
2$0$0
PETER STEINFELSDIRECTOR
Trustee or director
1$0$0
ALICE MCDERMOTTDIRECTOR
Trustee or director
1$0$0
MARK VANDERHEYDENDIRECTOR
Trustee or director
1$0$0
DANIEL MURTAUGHDIRECTOR
Trustee or director
1$0$0
JAMES T MORLEY JRDIRECTOR
Trustee or director
1$0$0
MARK DALTONDIRECTOR/FORMER VICE CHAIRMAN
Trustee or director
1$0$0
JOHN MCGREEVEYDIRECTOR/FORMER VICE CHAIRMAN
Trustee or director
1$0$0
BRIEN O'BRIENDIRECTOR
Trustee or director
1$0$0
CATHLEEN KAVENYDIRECTOR
Trustee or director
1$0$0
ROSANNE HAGGERTYVICE CHAIRMAN/DIRECTOR
Trustee or director, Officer
1$0$0
MICHAEL PEPPARDDIRECTOR
Trustee or director
1$0$0
DANIEL MURRAYDIRECTOR
Trustee or director
1$0$0
JOHN KUSTERDIRECTOR
Trustee or director
1$0$0
THOMAS HIGGINSDIRECTOR
Trustee or director
1$0$0
CHRIS LOWNEYCHAIRMAN/DIRECTOR
Trustee or director, Officer
1$0$0
NATALIA IMPERATORI-LEEDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
475 RIVERSIDE DR STE 244, NEW YORK, NY 10115-0013
Principal officer (990 for 2024)
DOMINIC PREZIOSI, 475 RIVERSIDE DRIVE 244, NEW YORK, NY 10115
Signed the 990
DOMINIC PREZIOSI, PRESIDENT
Phone
(212) 662-4200
Return prepared by
WEAVER AND TIDWELL LLP

Mission

COMMONWEAL IS THE OLDEST INDEPENDENT LAY CATHOLIC JOURNAL OF OPINION IN THE UNITED STATES COVERING LITERATURE, THE ARTS, RELIGION, SOCIETY AND POLITICS. COMMONWEAL THROUGH ITS MAGAZINE AND WEBSITE PUBLISHES EDITORIALS, COLUMNS, ESSAYS AND POETRY, ALONG WITH FILM AND BOOK REVIEWS. COMMONWEAL MAINTAINS A RELATIVELY STRONG FOCUS ON ISSUES OF SPECIFIC INTEREST TO CATHOLICS.

990 for the year ended September 30, 2025

Program accomplishments

  • PUBLICATION AND ONLINE DISTRIBUTION OF INFORMATION ON PUBLIC AFFAIRS, RELIGION, LITERATURE AND THE ARTS.
    Expenses $1,643,106 · revenue $741,794

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
13-3174407
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1983
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,846,741
Income (IRS master file)
$4,467,059

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$3,665,679$2,445,187$5,846,741XML
990September 2024$3,441,051$2,491,210$4,850,758XML
990September 2023$2,312,170$2,365,373$3,266,753XML
990September 2022$1,707,525$2,164,151$3,554,771IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3174407).

Questions about COMMONWEAL FOUNDATION

What is the EIN of COMMONWEAL FOUNDATION?
The employer identification number (EIN) of COMMONWEAL FOUNDATION is 13-3174407.
Is COMMONWEAL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to COMMONWEAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMONWEAL FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of COMMONWEAL FOUNDATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COMMONWEAL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of COMMONWEAL FOUNDATION?
The 990 for the year ended September 30, 2025 names DOMINIC PREZIOSI.
Who are the officers and directors of COMMONWEAL FOUNDATION?
The 990 for the year ended September 30, 2025 lists 27 people; 7 received compensation from the organization, the highest $130,835 (DOMINIC PREZIOSI, PRESIDENT).
How much revenue does COMMONWEAL FOUNDATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $3,665,679, expenses of $2,445,187 and total assets of $5,846,741 at year end.

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