Tricontinental Ltd

Analysis

Tricontinental Ltd is a registered charity in United States, based in Northhampton, MA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tricontinental Ltd reported income of $292k and spending of $1.8m, spending 609% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.3m to $292k (-98%), an average of -62% a year. The sharpest change came in the year to December 2021, when income rose by 342%. Over the whole period it spent 41% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tricontinental Ltd sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Lyric Opera of the North Incorporated ($291k), Putnam Arts Council ($292k) and Everett ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.7% of the total. Compensation of current officers, directors and key employees was $78k (4.4% of expenses). At year end it held assets of $11.8m against liabilities of $43k, net assets of $11.7m. It reported 1 employees.