Program areas at TERC
Terc is a cambridge, ma based nonprofit made up of teams of forward-thinking stem experts dedicated to innovation and creative problem solving. Terc believes great futures are built through math and science. For more than 50 years, Terc has taken a learner-centered approach to education in both formal and informal settings. At the frontier of theory and practice, Terc's work encompasses research, content and curriculum development, technology innovation, professional development, and program evaluation. Through Terc's curricula and programs, students develop the knowledge and skills needed to ask questions, solve problems, and expand their opportunities. Terc's professional development helps teachers and facilitators utilize new tools, materials, and inquiry-based strategies to enrich the learners.
Who funds Technical Education Research Centers (TERC)
Grants from foundations and other nonprofits
Personnel at TERC
| Name | Title | Compensation | Date of data |
|---|
| Catherine Lecesse | Chief Financial Officer | $49,807 | 2022-12-31 |
| Laurie Brennan | President | $273,711 | 2023-11-09 |
| Carol Lumm | Human Resources Director | $142,026 | 2022-12-31 |
| Karen Economopoulos | Project Director | $150,377 | 2022-12-31 |
| Martin Storksdieck | Board Chair / Chairman / Trustee | $0 | 2022-12-31 |
| ...and 4 more key personnel |
Financials for TERC
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $10,104,302 | $10,648,796 | -5.1% |
| Program services | $490,612 | $385,282 | 27.3% |
| Investment income and dividends | $250,812 | $248,373 | 1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $1,451,298 | $1,034,456 | 40.3% |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $4,611,443 | $1,263,444 | 265% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $53,654 | $72,819 | -26.3% |
| Total revenues | $16,962,121 | $13,653,170 | 24.2% |
Organizations like TERC
| Organization | Type | Location | Revenue |
|---|
| American Indian Science and Engineering Society | 501(c)(3) | Albuquerque, NM | $9,273,961 |
| American Society for Cell Biology (ASCB) | 501(c)(3) | Rockville, MD | $7,779,549 |
| Materials Research Society | 501(c)(3) | Warrendale, PA | $10,482,690 |
| Society for Science (SSP) | 501(c)(3) | Washington, DC | $26,005,604 |
| Society for Industrial and Applied Mathematics | 501(c)(3) | Philadelphia, PA | $14,882,104 |
| Lean Construction Institute | 501(c)(3) | Belmont, MA | $4,393,579 |
| Society of Photo Optical Instrumentation Engineer (SPIE) | 501(c)(3) | Bellingham, WA | $36,576,887 |
| American Institute of Chemical Engineers (AIChE) | 501(c)(3) | New York, NY | $59,299,765 |
| The Minerals Metals and Materials Society | 501(c)(3) | Pittsburgh, PA | $7,580,466 |
| National Council of Teachers of Mathematics (NCTM) | 501(c)(3) | Reston, VA | $8,296,750 |
Data update history
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 20, 2024
Updated personnel
Identified 2 new personnel
December 31, 2023
Used new vendors
Identified 2 new vendors, including , and
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Professional associationsBusiness and community development organizationsResearch centersCharities
Issues
Science and technologyEducationBusiness and industry
Characteristics
Conducts researchNational levelReceives government fundingManagement and technical assistanceCommunity engagement / volunteeringTax deductible donations
General information
- Address
- 2067 Massachusetts Ave
- Cambridge, MA 02140
- Metro area
- Boston-Cambridge-Newton, MA-NH
- County
- Middlesex County, MA
- Website URL
- terc.edu/Â
- Phone
- (617) 873-9600
- Facebook page
- TERCedÂ
- Twitter profile
- @terctweetsÂ
IRS details
- EIN
- 04-6134355
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1965
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- U02: Science and Technology Management and Technical Assistance
- NAICS code, primary
- 813920: Professional Associations
- Parent/child status
- Independent
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