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Tricycle Foundation Inc.

Tricycle Foundation Inc.

New York, NY 10003
Tax ID13-3589889

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About this organization

Revenue

$2,192,144

Expenses

$2,209,561

Website

tricycle.com

Mission

Publication and distribution of an educational magazine and website 'Tricycle', which equates and illustrates to its readers the various subjects of the Buddhist religion and culture.

About

With a growing editorial staff and a newly robust marketing effort, Tricycle has continued to grow its subscriber base and expand its online learning initiative. The organization has also added to its annual pilgrimages to Buddhist Asia, which now include trips to India and Cambodia. In recent months, Mongolia has been added to the lineup, while visits to Sri Lanka and Ladakh remain popular. Long in the works, the redesign of the print edition of Tricycle appeared with the November 2018 issue, and online offerings grew with the January 2019 launch of the Buddhism for Beginners microsite. Further bolstering Tricycles editorial capacity was the hire of a Special Projects Editor and an Assistant Web Editor. On the publishing side, Tricycle hired a Business & Marketing Analyst who works with the Associate Publisher to better understand audience behavior and deepen reader engagement. With the addition of a Digital Marketing Assistant and a third-party site-optimization team, the organization has professionalized its marketing effort. Fiscal year 2018 has been a year of investment and growth. As the organization broadens its content offerings, its finances remain solid and its reserve, healthy.

Interesting data from their 2020 990 filing

The purpose of the non-profit is outlined in the filing as “Publication and distribution of an educatonal magazine and website "tricycle", which equates and illustrates to its readers the various subjects of the buddhist religion and culture.”.

When discussing its operations, they were defined as: “Publication and distribution of an educatonal magazine and website "tricycle", which equates and illustrates to its readers the various subjects of the buddhist religion and culture.”.

  • The state where the non-profit operates has been legally reported as NY.
  • The filing indicates that the non-profit's address in 2020 is located at 89 FIFTH AVENUE 301, NEW YORK, NY, 10003.
  • The non-profit has reported 9 employees on their form as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$17,417.
  • The CEO's remuneration policy within the organization is established through an impartial review and endorsement process.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 7 independent voting members.
  • The organization was formed in 1990.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $768,912 in salary, compensation, and benefits to its employees.
  • The organization pays $191,275 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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