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Massachusetts · Nonprofit

THE CONVERSATION US INC

THE CONVERSATION US INC (Massachusetts) receives grants from 43 organizations whose IRS filings report $36,212,693 to it, the largest being LILLY ENDOWMENT INC ($30,767,148). 22 of them have funded it in more than one year.

$11M
Revenue FY2025
43
Funders on record
$36M
Grants received
$2.0M
Net assets
22/43 repeat fundersgrants exceed reported revenue in one year

Against its field

THE CONVERSATION US INC holds deeper cash reserves than three-quarters of the 3,681 education nonprofits its size.

Operating margin−3% · bottom quartile
Months of reserve6.4mo · top quartile
Revenue growth (annualized)15% · top quartile

this organization peer median middle 50% of peers· 3,681 education nonprofits $10M–$100M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.6M) Expenses 100 ($2.3M) Net assets 100 ($2.2M)2018 Revenue 65 ($2.3M) Expenses 131 ($3.1M) Net assets 66 ($1.5M)2019 Revenue 69 ($2.5M) Expenses 151 ($3.6M) Net assets 18 ($393k)2020 Revenue 138 ($4.9M) Expenses 161 ($3.8M) Net assets 71 ($1.6M)2021 Revenue 308 ($11M) Expenses 453 ($11M) Net assets 90 ($2.0M)2022 Revenue 111 ($4.0M) Expenses 215 ($5.0M) Net assets 42 ($933k)2023 Revenue 414 ($15M) Expenses 591 ($14M) Net assets 87 ($1.9M)2024 Revenue 232 ($8.3M) Expenses 335 ($7.9M) Net assets 108 ($2.4M)2025 Revenue 311 ($11M) Expenses 490 ($12M) Net assets 92 ($2.0M)
'17'18'19'20'21'22'23'24'25
Revenue (311)Expenses (490)Net assets (92)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 6% · 2022 6%. Grants only. Government contracts and fees sit inside program revenue.

71% of THE CONVERSATION US INC’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,261 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$1.2M
17
$752k
18
$1.1M
19
$1.2M
20
$418k
21
$1.0M
22
$994k
23
$453k
24
$349k
25
6.4
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 15 funders, grant income rose $434k → $3.5M.

10 of 43 of your funders are donor-advised or pass-through sponsors (tagged DAF)4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE CONVERSATION US INC’s funders (the co-funder graph). Top 30 of 43 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE CONVERSATION US INC leans on a few funders — its largest provides 85% of grant income and the top three 90%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

85%
largest funder
90%
top three
~1
effective funders

Largest funder’s share by year: 2017 54% · 2018 52% · 2019 79% · 2020 97% · 2021 71% · 2022 92% · 2023 79%growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

29% of THE CONVERSATION US INC's funders are still giving 3 years after their first grant; 51% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

THE CONVERSATION US INC draws 99% of its grant income from funders outside Massachusetts, across 15 states in all.

WA
IL
NY
MA
OR
IN
PA
NJ
CA
CO
VA
DE
DC
TX
FL

In-state vs out-of-state, by year

17
18
19
20
21
22
23
Massachusetts out of state home

Funder states come from each funder’s own filing. $1.3M arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 43 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like THE CONVERSATION US INC

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

92% of spending goes to programs.

Program 92%Management 4%Fundraising 4%

Governance

15
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

73%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 1 related entity

  • The Conversation Media Group · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE CONVERSATION US INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE CONVERSATION US INC?
THE CONVERSATION US INC (Massachusetts) receives grants from 43 organizations whose IRS filings report $36,212,693 to it, the largest being LILLY ENDOWMENT INC ($30,767,148). 22 of them have funded it in more than one year.
How many funders does THE CONVERSATION US INC have?
IRS filings report 43 organizations giving $36,212,693 in grants to THE CONVERSATION US INC, 22 of which have funded it in more than one year.
Who is the largest funder of THE CONVERSATION US INC?
LILLY ENDOWMENT INC is the largest funder on record, with $30,767,148 in grants. The full list of funders is on this page.
How can an organization like THE CONVERSATION US INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 43funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing