NonprofitsTerc Inc

Science & Technology

Terc Inc

CAMBRIDGE, MA

Total revenue

$14.4M

Total expenses

$16.3M

Net assets

$16.5M

Grants received

$3.2M

38 grants

EIN

046134355

Tax year

2024

Mission

Terc is a nonprofit made up of teams of math and science education and research experts dedicated to innovation and creative problem solving. At the frontier of theory and practice, terc's work encompasses research, content and curriculum development, technology innovation, professional development, and program evaluation. Terc has a passion for social justice and strives to create level playing fields for all learners, reaching millions of learners every year.

Financials

FY 2024

Revenue

Contributions & grants$10.5M
Program service revenue$1.2M
Investment income$1.8M
Other revenue$862K
Total revenue$14.4M

Expenses

Grants paid
Salaries & benefits$9.7M
Fundraising$10K
Other expenses$6.6M
Total expenses$16.3M
Total assets$20.9M
Net assets$16.5M

People

18 listed

NameRoleCompensation

LAURIE BRENNAN

PRESIDENT (UNTIL 6/30/25)

Board

$292K

40 hrs/wk

KATHLEEN DONAHUE

CFO (UNTIL 1/15/25)

Board

$219K

40 hrs/wk

GEORGIA HALL

TRUSTEE

Board

0.5 hrs/wk

JANICE JACKSON

TRUSTEE

Board

0.5 hrs/wk

NADINE BONDA

CHAIR

Board

0.5 hrs/wk

MARTIN STORKSDIECK

TRUSTEE

Board

0.5 hrs/wk

MARINA UMASCHI BERS

TRUSTEE (UNTIL 12/2024)

Board

0.5 hrs/wk

ORESTES MARINOS-IATRIDES

CLERK

Board

0.5 hrs/wk

CINDY DAI

TREASURER

Board

0.5 hrs/wk

DIANE SOUVAINE

TRUSTEE

Board

0.5 hrs/wk

ELEANORA VILLEGAS-REIMERS

TRUSTEE

Board

0.5 hrs/wk

JAY LABOV

TRUSTEE

Board

0.5 hrs/wk

JOSEPH JOHNSON JR

TRUSTEE (UNTIL 1/2024)

Board

0.5 hrs/wk

KAREN ECONOMOPOULOS

CO-DIRECTOR

Staff

$161K

40 hrs/wk

GILLIAN PUTTICK

SR. SCIENTIST

Staff

$159K

40 hrs/wk

CAROL LUMM

HR DIRECTOR

Staff

$153K

40 hrs/wk

JAMES HAMMERMAN

DIRECTOR

Staff

$148K

40 hrs/wk

MARLENE KLIMAN

LEADER

Staff

$146K

40 hrs/wk

Independent contractors

DIGITAL PROMISE

CONSULTING

$312K

KARYL JS ASKEW

CONSULTING

$208K

INSOURCE SERVICES INC

CONSULTING

$128K

PATRICIA A RIMO

CONSULTING

$122K

Grants received

Showing 38 of 38

FromAmountPurposeYear
$134K
To explore ways in which youth-centered dance organizations can influence their communities.
2024
$125K
IN SUPPORT OF PEDAGOGICAL TRAINING DELIVERY FOCUSED ON CLIMATE AND EQUITY FOR 2023 AND 2024 SUMMER INSTITUTE(S) IN LEARNING AND TEACHING (SILT)
2024
$125K
in support of pedagogical training delivery focused on climate and equity for 2023 and 2024 Summer Institute(s) in Learning and Teaching (SILT)
2023
$75K
SUBCONTRACT GRANT AWARD
2023
$16K
SUB-AWARD
2023
$302K
FOR PHASE II OF THE STORYTELLING MATH INITIATIVE
2022
$250K
PROGRAM DEVELOPMENT/EVALUATION
2022
$207K
Research Research
2022
$126K
to pilot a summer institute on climate change and equity for high school teachers
2022
$125K
PROGRAM DEVELOPMENT/EVALUATION
2022
$39K
SUBCONTRACT GRANT AWARD
2022
$8K
SUB-AWARD
2022
$14K
SUB-AWARD
2021
$170K
RESEARCH Research Research
2020
$12K
SUB-AWARD
2020
$35K
RESEARCH Research
2019
$28K
SUB-AWARD
2019
$78K
SUBCONTRACT GRANT AWARD
2017
$74K
Sponsored Research Sub-Award
2017
$8K
EDUCATION/RESEARCH SUBCONTRACTS
2017

Funded by

$3.2M from 13 funders · 38 grants · 2017–2024

Trustees Of Boston University

$1.0M · 7 grants · 2017–2023

John D And Catherine T Macarthur

$376K · 3 grants · 2022–2024

Fidelity Foundation

$375K · 2 grants · 2022

The Heising-Simons Foundation

$302K · 1 grant · 2022

Silicon Valley Community Foundation

$261K · 4 grants · 2020–2024

University of Notre Dame du Lac

$230K · 5 grants · 2019–2023

Trustees of Tufts College

$192K · 3 grants · 2017–2023

The Wallace Foundation

$134K · 1 grant · 2024

Details

EIN046134355
NTEE codeU40B
Subsection03
Ruling date1967-06
Formed1965
Employees102
Volunteers9
TERC INC — Mission, Financials & Grants Received | Grantivo