EIN 04-6134355

Technical Education Research Centers (TERC)

IRS 501(c) type
501(c)(3)
Num. employees
104
Year formed
1965
Most recent tax filings
2023-12-01
Description
For more than forty years, TERC has been introducing millions of students throughout the United States to the exciting and rewarding worlds of math and science learning. TERC’s mission is to improve mathematics and science education.
Total revenues
$14,924,955
2023
Total expenses
$16,332,619
2023
Total assets
$23,443,599
2023
Num. employees
104
2023

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
GrantmakerDescriptionAmount
Trustees of Boston UniversityResearch Research$207,195
Silicon Valley Community Foundation (SVCF)Sciences$60,000
University of Notre DameSee Part Iv$52,219
...and 2 more grants received

Personnel at TERC

NameTitleCompensation
Catherine LecesseChief Financial Officer$49,807
Laurie BrennanPresident$273,711
Carol LummHuman Resources Director$142,026
Karen EconomopoulosProject Director$150,377
Lawrence Petit-FrereClerk$0
...and 5 more key personnel

Financials for TERC

RevenuesFYE 12/2023
Total grants, contributions, etc.$10,979,837
Program services$1,166,266
Investment income and dividends$374,531
Tax-exempt bond proceeds$0
Royalty revenue$929,977
Net rental income$0
Net gain from sale of non-inventory assets$1,404,045
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$70,299
Total revenues$14,924,955

Form 990s for TERC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-25990View PDF
2022-122023-11-09990View PDF
2021-122022-11-09990View PDF
2020-122021-11-15990View PDF
2019-122022-01-24990View PDF
...and 9 more Form 990s
Data update history
October 24, 2024
Used new vendors
Identified 1 new vendor, including
October 3, 2024
Updated personnel
Identified 1 new personnel
July 15, 2024
Received grants
Identified 4 new grant, including a grant for $207,195 from Trustees of Boston University
January 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 20, 2024
Updated personnel
Identified 2 new personnel
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 donationsAccepts online 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/ 
Phone
(617) 873-9600
Facebook page
TERCed 
Twitter profile
@terctweets 
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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