2018-02-08T12:58:32-08:00 2017-09-30 Chizner & Company Certified Public Accountants LLC 98 Cuttermill Rd 299N Great Neck NY 11021 990 2016-10-01 133589889 TRICYCLE FOUNDATION TRIC 2129290320 89 FIFTH AVENUE NEW YORK NY 10003 JAMES SHAHEEN Executive Dir. 2018-02-08 true Mitchell Chizner P00664201 2129673950 2016 2021-01-29 14:40:06Z 2077034 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. 5 3 0 0 245250 463785 1349655 1613249 0 0 1594905 2077034 0 0 449206 501998 0 319817 1068599 1300650 1517805 1802648 77100 274386 383523 649602 615197 606890 -231674 42712 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 1472465 The Tricycle Foundation kicked off the year with a gala celebrating the organizations 25th anniversary. Friends old and new gathered to hear performances by board chair Philip Glass and avant-garde artist, composer, and musician Laurie Anderson. The evening was a chance not only to celebrate the Foundations success but also to offer it financial support as Tricycle entered its second quarter-century.At the close of the year, the Tricycle Foundation ended its fifth consecutive year in surplus. With a growing demand for its online courses, its sponsored pilgrimages to Buddhist Asia, and an expanding subscriber base, Tricycle continued to improve its financial position, allowing it to put more resources into free content, including its popular podcast, Tricycle Talks, and its widely read blog, Trike Daily.Tricycle Tours and Tricycle Online Courses are just two of the Foundations answers to uncertain newsstand and advertising markets. The Foundation will continue to develop new revenue streams to adapt in a rapidly shifting media landscape. Along with growth of nearly 7% in Tricycles paid subscription base, tricycle.org drew an increasing number of online visitors with improved SEO. In 2017, the website reached well over 2 million people, while the Foundations social media presence likewise grew.We expect the next fiscal year to surpass the success of the last. Years of surplus have left the Foundation in a strong position to invest in new initiatives and future growth, particularly in the areas of marketing and development. 1472465 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 false false false false false false false true false false false false false false false false false false false false false false true 52 0 false 0 false false false false false false false false false 0 false false false false false false false false false false X 5 3 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 President 1.00 0.00 X X 0 0 0 PHILIP GLASS Chairman 1.00 0.00 X X 0 0 0 HELEN TWORKOV Trustee 1.00 0.00 X 0 0 0 JAMES SHAHEEN Executive Dir. 50.00 0.00 X X 148200 0 0 MAYREE CLARK Trustee 1.00 0.00 X 0 0 0 148200 1 false false false 0 463785 4000 463785 ADVERTISING REVENUE 258325 258325 MAGAZINE SALES 898468 898468 ON-LINE COURSES 368348 368348 PARTNERSHIP INCOME 24989 24989 RENTAL INCOME 44800 44800 18319 18319 1613249 0 0 0 0 0 0 0 0 0 2077034 1613249 X 0 0 0 0 148200 131261 2119 14820 0 257317 227906 3680 25731 0 58035 51402 830 5803 38446 34052 550 3844 0 0 0 0 0 0 39556 35034 566 3956 49077 49077 1040 920 15 105 0 0 113763 100761 1625 11377 0 0 0 0 0 17236 15266 246 1724 8587 7606 123 858 FUNDRAISING EXPENSE 247312 247312 ANCILLARY PROJECTS 242053 242053 EDITORIAL - PRINT 197511 197511 PAPER PRINTING, MAILING 173050 173050 211465 206566 612 4287 1802648 1472465 10366 319817 170105 522240 0 0 56762 45938 0 0 0 0 74163 14975 140042 98615 58663 41427 0 0 0 0 23830 25022 383523 649602 26139 78170 545912 490811 43146 37909 615197 606890 X -231674 42712 -231674 42712 383523 649602 274386 X false true X false false X 287680 267546 241598 245250 463785 1505859 1280440 1195395 1334705 1321005 1568449 6699994 0 0 0 1568120 1462941 1576303 1566255 2032234 8205853 5000 10000 15000 0 5000 10000 15000 8190853 8239 -1557 4296 10978 0 8239 -1557 4296 10978 0 27900 14374 28650 44800 115724 1604259 1475758 1580599 1594905 2077034 8332555 0.98300 0.94480 0.00130 0.00160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 86182 44755 41427 21668 21668 32192 32192 41427 DEFERRED RENT 33808 Rounding 1 SECURITY DEPOSIT PAYABLE 4100 37909 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. HELEN TWORKOV TRUSTEE CASH FLOW LOAN X 134000 false true 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 BANK CHARGES: Column (A) - Total = $50302; Column (B) - Program Services = $50302; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses COMPUTER & INTERNET: Column (A) - Total = $6135; Column (B) - Program Services = $5434; Column (C) - Management & General = $88; Column (D) - Fundraising = $613 Form 990, Part IX, Line 24e: Other Expenses DUES & SUBSCRIPTIONS: Column (A) - Total = $3738; Column (B) - Program Services = $3311; Column (C) - Management & General = $53; Column (D) - Fundraising = $374 Form 990, Part IX, Line 24e: Other Expenses EDITORIAL - WEB: Column (A) - Total = $42237; Column (B) - Program Services = $42237; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses equipment rental: Column (A) - Total = $7064; Column (B) - Program Services = $6257; Column (C) - Management & General = $101; Column (D) - Fundraising = $706 Form 990, Part IX, Line 24e: Other Expenses MEALS & ENTERTAINMENT: Column (A) - Total = $21558; Column (B) - Program Services = $19093; Column (C) - Management & General = $308; Column (D) - Fundraising = $2157 Form 990, Part IX, Line 24e: Other Expenses Postage and Shipping: Column (A) - Total = $4364; Column (B) - Program Services = $3865; Column (C) - Management & General = $62; Column (D) - Fundraising = $437 Form 990, Part IX, Line 24e: Other Expenses SUBSCRIPTION FULLFILLMENT: Column (A) - Total = $60778; Column (B) - Program Services = $60778; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 Form 990, Part IX, Line 24e: Other Expenses WEB DEVELOPMENT / HOSTING: Column (A) - Total = $15289; Column (B) - Program Services = $15289; Column (C) - Management & General = $0; Column (D) - Fundraising = $0