Public Charity

TERC INC

TERC INC is a Public Charity headquartered in CAMBRIDGE, MA. Financial data from the 2024 filing: $14.4M revenue, $16.3M expenses, $20.9M total assets. 43 publicly reported grants to this organization, totaling roughly $2.7M, appear in IRS filings.

EIN: 046134355 CAMBRIDGE, MA Engineering & Technology NTEE: U40 Latest filing: 2024
Total Revenue$14.4M
Total Expenses$16.3M
Total Assets$20.9M
Grant Records43
Funding Total$2.7M
Filing Years2018–2024

Mission

SUPPORT REFORM IN BOTH INSTITUTIONAL AND INFORMAL SETTINGS.

Where $100 goes at Terc Inc

How Terc Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$76 Programs the work itself
$24 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $76 for programs

$76
Terc is a Cambridge, ma based nonprofit made up of teams of forward-thinking STEM experts dedicated to innovation and creative problem solving
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

HR DIRECTOR Carol Lumm
TREASURER Cindy Dai
TRUSTEE Diane Souvaine
TRUSTEE Eleanora Villegas-Reimers
TRUSTEE Georgia Hall
SR. SCIENTIST Gillian Puttick

Officer compensation and complete director data available with membership.

Top Grant Purposes

Research & Policy
$1,591,438 20 grants
General Support
$649,249 13 grants
Education
$139,711 2 grants
Fundraising & Sponsorship
$110,162 3 grants
Unspecified
$229,959 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $14.4M $16.3M $20.9M
2023 $14.9M $16.3M $23.4M
2022 $17.0M $13.9M $24.4M
2020 $11.9M $13.2M $20.4M
2018 $13.6M $14.1M $18.5M

Between 2018 and 2024, reported annual revenue grew from $13.6M to $14.4M (+6%), with total assets most recently reported at $20.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for TERC INC

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