2020-01-20T10:50:48-08:00 2019-09-30 460614074 Chizner & Company Certified Public Accountants LLC 98 Cuttermill Rd 299N Great Neck NY 11021 990 2018-10-01 133589889 TRICYCLE FOUNDATION TRIC 2129290320 89 FIFTH AVENUE NEW YORK NY 10003 JAMES SHAHEEN Executive Dir. 2020-01-20 true Mitchell Chizner P00664201 2129673950 2018 2020-09-23 17:36:50Z 89 FIFTH AVENUE 301 NEW YORK NY 10003 2192144 false false X TRICYCLE.COM 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. 8 7 9 0 279235 278466 1831348 1912990 280 688 0 2110863 2192144 0 0 651549 768912 0 191275 1375985 1440649 2027534 2209561 83329 -17417 798658 950785 672617 842161 126041 108624 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 2003819 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. 2003819 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 true false false false false false false false false true 66 0 true 9 false false false false false false false false false 0 false false false false false false false false false false false false X 8 7 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 WERNER DOYLE Trustee 1.00 0.00 X 0 0 0 PHILIP GLASS Chairman 1.00 0.00 X 0 0 0 HELEN TWORKOV Trustee 1.00 0.00 X 0 0 0 JAMES SHAHEEN President 50.00 0.00 X X 173732 0 0 MAYREE CLARK Chairman 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 173732 1 false true false 0 278466 32673 278466 ADVERTISING REVENUE 271271 271271 MAGAZINE SALES 1130226 1130226 ON-LINE COURSES 391309 391309 PARTNERSHIP INCOME 53718 53718 RENTAL INCOME 51800 51800 14666 14666 1912990 688 688 0 0 0 0 0 0 0 0 2192144 1913678 X 0 0 0 0 173732 153874 2484 17374 0 444809 393967 6361 44481 0 93006 82375 1330 9301 57365 50808 820 5737 0 0 0 0 0 0 99677 95459 528 3690 0 6199 5490 89 620 0 0 128042 113407 1831 12804 0 0 0 0 0 10582 9372 151 1059 8639 7652 123 864 EDITORIAL 370055 370055 PAPER PRINTING, MAILING 185365 185365 MARKETING 178423 178423 ANCILLARY PROJECTS 170048 170048 283619 187524 750 95345 2209561 2003819 14467 191275 700387 800261 0 0 44554 89379 0 0 0 0 3252 19910 140042 126433 24191 13609 40 0 0 0 26274 27586 798658 950785 94039 105301 543210 710075 35368 26785 672617 842161 X 126041 108624 126041 108624 798658 950785 -17417 X false true X false false X 241598 245250 463785 279235 278466 1508334 1334705 1321005 1568449 1783748 1837206 7845113 0 0 0 1576303 1566255 2032234 2062983 2115672 9353447 10000 10000 20000 0 10000 10000 20000 9333447 4296 280 688 5264 0 4296 280 688 5264 0 28650 44800 47600 51800 172850 1580599 1594905 2077034 2110863 2168160 9531561 0.97920 0.98320 0.00060 0.00030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 86182 72573 13609 21668 21668 32192 32192 13609 DEFERRED RENT 22684 Rounding 1 SECURITY DEPOSIT PAYABLE 4100 26785 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 false JAMES SHAHEEN President 173732 173732 X 3 32673 false false false 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. Form 990, Part IX, Line 24e: Other Expenses : Column (A) - Total = $0; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses BANK CHARGES: Column (A) - Total = $52124; Column (B) - Program Services = $52124; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses COMPUTER & INTERNET: Column (A) - Total = $7916; Column (B) - Program Services = $7011; Column (C) - Management & General = $113; Column (D) - Fundraising = $792 Form 990, Part IX, Line 24e: Other Expenses DUES & SUBSCRIPTIONS: Column (A) - Total = $5640; Column (B) - Program Services = $4995; Column (C) - Management & General = $81; Column (D) - Fundraising = $564 Form 990, Part IX, Line 24e: Other Expenses equipment rental: Column (A) - Total = $3753; Column (B) - Program Services = $3324; Column (C) - Management & General = $54; Column (D) - Fundraising = $375 Form 990, Part IX, Line 24e: Other Expenses FUNDRAISING EXPENSE: Column (A) - Total = $90103; Column (B) - Program Services = $0; Column (C) - Management & General = $0; Column (D) - Fundraising = $90103 Form 990, Part IX, Line 24e: Other Expenses MEALS & ENTERTAINMENT: Column (A) - Total = $28853; Column (B) - Program Services = $25555; Column (C) - Management & General = $413; Column (D) - Fundraising = $2885 Form 990, Part IX, Line 24e: Other Expenses Postage and Shipping: Column (A) - Total = $6259; Column (B) - Program Services = $5544; Column (C) - Management & General = $89; Column (D) - Fundraising = $626 Form 990, Part IX, Line 24e: Other Expenses SUBSCRIPTION FULLFILLMENT: Column (A) - Total = $73669; Column (B) - Program Services = $73669; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses WEB DEVELOPMENT / HOSTING: Column (A) - Total = $15302; Column (B) - Program Services = $15302; Column (C) - Management & General = $0; Column (D) - Fundraising = $0