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MONTHLY REVIEW FOUNDATION

NEW YORK, NY · EIN 132998309 · Form 990 · FY2025 · NTEE A33Z · Arts, Culture & Humanities · Medium ($1M-$10M) · monthlyreview.org
revenue
$1.4M
expenses
$1.4M
net assets
$2.1M
employees
7
program ratio
84%
mission · from form 990

EDUCATIONAL ORGANIZATION

profile · synthesized from sources

Monthly Review Foundation is a New York-based educational nonprofit that publishes the Monthly Review journal, a publication dedicated to Marxist analysis of political economy, imperialism, and ecological crisis under capitalism. The organization produces critical theoretical work and hosts public lectures and events to promote socialist thought and anti-imperialist perspectives. It has been active since 1949 and operates primarily through intellectual and scholarly output.

named programs · 3 · from sources

What they call their work

Monthly Review Journal
Peer-reviewed monthly publication featuring Marxist analysis of contemporary political, economic, and ecological issues
Monthly Review Press
Book publishing arm that produces and distributes works on socialist theory, political economy, and history
Public Lectures and Events
Hosts talks, forums, and discussions on topics related to socialism, imperialism, and ecological crisis
activities · 6 groups

What they do

  • Academic Journal and Scholarly Publication 3 activities
    • Educational outreach through publications
      Provides educational resources to activists and scholars through magazine subscriptions and book publications, contributing to leftist intellectual formation since 1949.
    • Publication of Monthly Review journal
      Produces and publishes the Monthly Review journal, a scholarly publication on political economy, Marxism, and ecology, with regular issues released monthly (e.g., Volume 77, Issues 07–11 in 2025–2026). All new articles are made available free online through its website.
    • Publication of foundational Marxist texts and books via Monthly Review Press
      Supports the publication and international distribution of key Marxist works through Monthly Review Press, including historical titles like I.F. Stone’s Hidden History of the Korean War, Arghiri Emmanuel’s Unequal Exchange, Eduardo Galeano’s Open Veins of Latin America, and Harry Braverman’s Labor and Monopoly Capital.
  • Economic and Financial Research 1 activity
    • Analysis of global political economy and labor exploitation
      Publishes research on global value chains, digitalization, and financialization, emphasizing labor exploitation, environmental degradation, and contrasting models such as China’s development approach that resists financialization.
  • Conflict and Geopolitical Research Analysis 1 activity
    • Critical analysis of U.S. foreign policy and militarism
      Publishes research on U.S. belligerence in Iran and broader military actions, analyzing their roots in capitalist imperialism and linking dollar dominance to militarized geopolitical strategies across administrations, including under Trump.
  • Literary and Cultural Publishing 1 activity
    • Digital expansion and open access dissemination
      Operates MR Online (formerly MRzine), launched in 2006 and relaunched in 2017, as a global forum for radical activists, scholars, and writers, expanding access to content beyond the print journal.
  • Artist Support Grants 1 activity
    • Grantmaking through the Paul A. Baran—Paul M. Sweezy Memorial Award
      Funds the publication of selected manuscripts by awarding $5,000 grants to recipients for author compensation or translation costs, supporting scholarly work aligned with the Monthly Review tradition; manuscript selection is overseen by the MR Press editorial board with external review support.
  • Uncategorized 2 activities
    • Ecological critique of late capitalism and ecofascism
      Develops and disseminates analysis on the ecological rift caused by capitalist accumulation, including the "death drive of late imperialism," environmental destruction, and the rise of ecofascist ideologies in the United States.
    • Research and analysis on structural crises of capitalism
      Conducts and publishes critical research on the structural crisis of capital, including analyses of stagnation, unemployment, imperial recolonization, and the concept of "permanent catastrophe," often drawing on the theoretical frameworks of István Mészáros and Paul M. Sweezy.
financials · form 990 · fy2025
revenue
Total revenue$1.41M
Contributions & grants$392K28%
Program service revenue$932K66%
Investment income$82K6%
Other revenue$8K
expenses
Total expenses$1.40M
Program expenses84%
Admin / overhead15%
Fundraising1%
Salaries & benefits$591K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$2.27M
Cash$213K
Investments$1.33M
Liabilities$181K
Net assets$2.09M
Liquid reserves13.1 mo
6 years on record · 2020–2025 · YoY revenue -1.4%
leadership · form 990 part vii · fy2025

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
MARTIN PADDIO SECRETARY 40 $106K
JOHN FOSTER PRESIDENT 5 $40K
board members · 5
  • BERNARDINE DOHRN — DIRECTOR
  • BRETT CLARK — DIRECTOR
  • FREDERICK MAGDOFF — DIRECTOR
  • HANNA HOLLEMAN — DIRECTOR
  • MARTHA SWEEZY — DIRECTOR
relationships · 19

Who they work with

  • Brett Clark Partner — Co-authored the introduction for the publication 'Unequal Exchange'.
  • Charles Bettelheim Partner — Contributed notes to the publication 'Unequal Exchange'.
  • Cornell University Partner — Hosted Michael D. Yates for labor studies teaching
  • German Quarterly Network — Co-published "Notes from the Editors" in collaboration with the German Quarterly.
  • German Quarterly Network — Co-published content, indicating collaborative intellectual exchange
  • Harry Braverman Partner — Author of the book "Labor and Monopoly Capital" published by Monthly Review Press.
  • Harvard University Government — Employed Paul M. Sweezy as professor of economics
  • Indiana University Partner — Hosted Michael D. Yates for labor studies teaching
  • Isabel Allende Partner — Authored the foreword for "Open Veins of Latin America".
  • John Bellamy Foster Partner — Co-authored the introduction for the publication 'Unequal Exchange'.
  • John Bellamy Foster Partner — Edited the book "Albert Einstein’s 'Why Socialism?'" in collaboration with Monthly Review Press
  • MR Online Partner — Collaborative platform for radical activists, writers, and scholars developed from MRzine.
  • MR Press editorial board Partner — Collaborates with the Monthly Review Foundation in selecting manuscripts for the Paul A. Baran—Paul M. Sweezy Memorial Award.
  • Monthly Review Press Partner — Collaborates to offer discounted books to subscribers through the website.
  • Penn State Partner — Hosted Michael D. Yates for labor studies teaching
  • Routledge Partner — Copublished Ecology and Power: Struggles over Land and Material Resources with Brett Clark
  • Rutgers University Press Partner — Copublished The Tragedy of the Commodity: Oceans, Fisheries, and Aquaculture with Brett Clark
  • Torkil Lauesen Partner — Authored the foreword for the publication 'Unequal Exchange'.
  • University of Oregon Partner — Hosts John Bellamy Foster as professor of sociology while he edits Monthly Review
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Historically Grounded Scholarship to Inform Present Analysis
    methodology: historically_grounded_research
    By grounding research in historical materialism and empirical study of capitalism’s development, the organization produces relevant critiques of current events, because understanding the present as an extension of historical processes enables more accurate diagnosis of systemic failures and pathways toward socialist alternatives.
  • Marxist Analysis as Framework for Systemic Critique
    methodology: Marxist_analysis
    By applying Marxist analysis to ecological, economic, and imperialist crises, the organization produces critical understandings of capitalism’s structural contradictions, because this framework reveals systemic patterns of exploitation, accumulation, and crisis that mainstream narratives obscure.
  • Scholarly Publishing and Dissemination to Advance Socialist Thought
    methodology: critical_marxist_scholarship
    By producing and distributing peer-reviewed Marxist scholarship through independent publishing and translation, the organization advances critical socialist analysis, because sustained intellectual engagement with radical political economy strengthens theoretical foundations and broadens access to anti-capitalist critique across linguistic and geographic boundaries.