2023-01-26T11:55:25-08:00 2022-09-30 460614074 Chizner & Company Certified Public Accountants LLC 98 Cuttermill Rd 299N Great Neck NY 11021 990 2021-10-01 133589889 TRICYCLE FOUNDATION TRIC 2129290320 89 FIFTH AVENUE 301 NEW YORK NY 10003 JAMES SHAHEEN Executive Dir. 2023-01-26 true JAMES SHAHEEN 999009999 Mitchell Chizner P00664201 2129673950 2 AAL1 IAL1 FAL1 2021 2023-03-07 01:45:13Z 89 FIFTH AVENUE 301 NEW YORK NY 10003 3225957 false X TRICYCLE.ORG X 1990 NY 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. 9 8 20 0 591860 481202 2391290 2733883 5085 10872 0 2988235 3225957 0 0 1101324 1234973 0 167372 1523267 1617529 2624591 2852502 363644 373455 1916905 2370095 1001693 1081428 915212 1288667 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. false false 2635595 Tricycle ended fiscal 2022 with ongoing investments in staff and technology that continue to drive the organization's success. The year saw the launch of Tricycle's Daily Dharma app, built on the popularity of its eponymous daily newsletter; the implementation of cutting-edge marketing software; and investment in a growing and increasingly productive staff. Tricycle continues to develop its free offerings, most notably its Buddhism for Beginners microsite; its online-learning scholarships; its podcasts, Tricycle Talks and Life As It Is; and free newsletters. Tricycle has also expanded its paid offerings to include a higher-value "premium subscription," which has built momentum through 2022. The organization has grown over the years with the help of innovative partnerships, and this year was no exception. Partnering with the University of Portland's business school, the publishing staff worked with MBA candidates to streamline tricycle.org's online user experience. Gathering useful insights from a team that provided an audit of Tricycles web and mobile experience, email marketing, and social media, the project yielded innovative strategies for audience development.Tricycle remains grateful to its many generous donors, whose partnership with the magazine dates to its beginnings. In 2022, the organization's donor base continued to grow, with contributed revenue topping past years' performance. The generosity of Tricycle's readership continues to enable the organization to advance its mission to make Buddhist teachings widely available. The support of the readership has been, and remains, the organization's greatest asset. 2635595 true true false false false false false false false false true false false false true true false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 68 0 true 20 false false false false false false false false 0 false false false false false false false X 9 8 false false false false false false false true false false false true true false false true true true false false X X ORGANIZATION 6464619847 89 FIFTH AVENUE 301 NEW YORK NY 10003 JAMES SHAHEEN President 50.00 0.00 X X 222499 0 0 SAMUEL MOWE 0.00 0.00 107500 0 0 WERNER DOYLE Trustee 1.00 0.00 X 0 0 0 PHILIP GLASS Chair Emeritus 1.00 0.00 X 0 0 0 HELEN TWORKOV Trustee 1.00 0.00 X 0 0 0 MAYREE CLARK Chair 1.00 0.00 X 0 0 0 CHRISTOPHER CREVIER Trustee 1.00 0.00 X 0 0 0 GENEVIEVE DAVID Trustee 1.00 0.00 X 0 0 0 JONATHAN HOCHMAN Trustee 1.00 0.00 X 0 0 0 ROGER ROSNER Trustee 1.00 0.00 X 0 0 0 LAWRENCE FOX Trustee 0.00 0.00 X 0 0 0 DUNCAN RYUKEN WILLIAMS Trustee 0.00 0.00 X 0 0 0 329999 2 false true false 0 481202 481202 ADVERTISING REVENUE 213320 213320 MAGAZINE SALES 1879120 1879120 ON-LINE COURSES 507074 507074 PARTNERSHIP INCOME 63057 63057 RENTAL INCOME 64100 64100 7212 7212 2733883 10872 10872 0 0 0 0 0 0 0 0 3225957 2744755 0 0 0 0 222499 193574 6675 22250 0 806370 701747 27278 77345 0 113675 98920 3751 11004 92429 80432 3050 8947 0 0 0 0 0 0 102383 94713 1950 5720 0 20330 17691 671 1968 0 0 146231 127250 4826 14155 0 0 0 0 0 0 10661 9277 352 1032 EDITORIAL 413291 413291 MARKETING 236407 236407 PAPER PRINTING, MAILING 232992 232992 ANCILLARY PROJECTS 208605 208605 246629 220696 982 24951 2852502 2635595 49535 167372 763283 1251203 1007660 1018317 0 110859 65909 0 0 0 0 6096 4212 140042 140042 0 40 40 0 0 0 28967 30414 1916905 2370095 72695 71177 916778 988513 12220 21738 1001693 1081428 X 915212 1238667 50000 915212 1288667 1916905 2370095 373455 X false true X false false X 279235 278466 444377 591860 481202 2075140 1783748 1837206 2369444 2333690 2669783 10993871 0 0 0 2062983 2115672 2813821 2925550 3150985 13069011 10000 5165 5605 6000 26770 0 10000 5165 5605 6000 26770 13042241 280 688 3442 5085 10872 20367 0 280 688 3442 5085 10872 20367 0 47600 51800 54000 57600 64100 275100 2110863 2168160 2871263 2988235 3225957 13364478 0.97590 0.97660 0.00150 0.00080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 86182 86182 21668 21668 32192 32192 DEFERRED RENT 16438 SECURITY DEPOSIT PAYABLE 5300 21738 X Part X : FIN48 Footnote Tricycle Foundation, Inc. is a not-for-profit Foundation exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and has been designated as a Foundation, which is not a private Foundation. Contributions to the Foundation are tax deductible to contributors as provided by law. Management has evaluated all income tax positions and concluded that no disclosures relating to uncertain tax positions are required in the financial statements. false false false false false false false false false JAMES SHAHEEN President 222499 222499 Form 990, Part VI, Line 11b: Form 990 Review Process Form 990 is distributed to the Secretary and Treasurer for review before filing. Comments are received, reviewed and incorporated as appropriate. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Compensation and reviews of employees are held annually by James Shaheen, Publisher and Editor. Annual bygeted salaries for the Organization as a whole are presented and approved by the board on an annual basis. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Disclosure is on the company website and Guidestar.org.