American Mathematical Society
- Assets
- $258.8m
- Revenue
- $43.5m
- Investments
- $0.0
- Employees
- 235
- Location
- Providence, RI
- Founding
- 07/1927
- Data as of
- 12/2023
- EIN
- 05-0264797
Organization Overview
American Mathematical Society is located in Providence, RI. The organization was established in 1927. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 12/2023, American Mathematical Society employed 235 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Mathematical Society is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, American Mathematical Society generated $43.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $35.4m during the year ending 12/2023. While expenses have increased by 2.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Mathematical Society has awarded 184 individual grants totaling $2,236,531. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN MATHEMATICAL SOCIETY'S ("AMS OR "THE SOCIETY") BROAD MISSION IS TO FURTHER THE INTEREST OF MATHEMATICAL RESEARCH, SCHOLARSHIP AND EDUCATION, WHICH IS ACCOMPLISHED THROUGH PUBLICATIONS, MEETINGS, SERVICES, ADVOCACY IN EDUCATION, RESEARCH AND OTHER AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATION AND DISSEMINATION OF MATHEMATICAL LITERATURE, INCLUDING UPPER LEVEL UNDERGRADUATE COURSE MATERIAL, PROCEEDINGS OF MEETINGS IN CURRENT TOPICAL AREAS AND HIGH-LEVEL RESEARCH MONOGRAPHS. AMS PUBLICATIONS ALSO INCLUDE THE MATHEMATICAL REVIEWS DATABASE, MATHSCINET, THE PREMIER MATHEMATICAL RESEARCH TOOL, CONTAINING CITATIONS AND REVIEWS OF MATHEMATICAL LITERATURE DATING BACK TO 1940, AND BIBLIOGRAPHIC ITEMS DATING BACK TO 1812. IN 2023, THE AMS PUBLISHED 17,220 PAGES OF NEW MATERIAL IN 52 NEW BOOKS. AMS JOURNALS AND OTHER PUBLICATIONS INCLUDED 33,114 PAGES OF PUBLISHED MATERIAL.
GOVERNMENT RELATIONS IS A DIVISION OF THE SOCIETY WHICH MAINTAINS CONTACT WITH OTHER PROFESSIONAL SCIENTIFIC ORGANIZATIONS AND GOVERNMENT AGENCIES WHOSE PURPOSE IS TO SUPPORT SCIENCE, MATHEMATICAL RESEARCH AND EDUCATION. THE OFFICE PROVIDES INFORMATION TO THE GOVERNMENT ABOUT ISSUES RELATED TO SCIENCE AND MATHEMATICAL RESEARCH AND EDUCATION, AND TO THE MATHEMATICAL COMMUNITY ABOUT THE GOVERNMENT'S EFFORTS AND INITIATIVES IN THESE AREAS.
MEMBERSHIP AND OUTREACH ACTIVITIES, AS WELL AS PROFESSIONAL SERVICES AND PROGRAMS FOR THE MATHEMATICAL COMMUNITY, SUCH AS EMPLOYMENT SERVICES, GRANT OR ENDOWMENT SUPPORTED CONFERENCE, SURVEYS OF THE PROFESSION, ENDOWMENT SUPPORTED PRIZES, AWARDS, SCHOLARSHIPS AND FELLOWSHIPS FOR ACHIEVEMENTS IN MATHEMATICS, HIGH SCHOOL OUTREACH, PUBLIC AWARENESS, AND OTHER PROGRAMS. THE SOCIETY HAS APPROXIMATELY 26,500 INDIVIDUAL AND INSTITUTIONAL MEMBERS, WITH NO CRITERIA FOR MEMBERSHIP, WHO ARE SERVED THROUGH THE MEMBERSHIP PROGRAM. TO SUPPORT ITS MISSION, THE SOCIETY AWARDED FELLOWSHIPS, PRIZES, AND OTHER AWARDS TO APPROXIMATELY 168 INDIVIDUALS AND ORGANIZATIONS, TOTALING MORE THAN $719,000. THE SOCIETY ALSO RECEIVED FUNDING FROM INDIVIDUALS, FOUNDATIONS, AND FEDERAL GRANTS TO FUND EXPENSES FOR APPROXIMATELY 691 MATHEMATICIANS TO ENGAGE IN MATHEMATICAL RESEARCH AND COLLABORATION.
MEETINGS OF THE SOCIETY INCLUDE THE ANNUAL JOINT MATHEMATICAL MEETING HELD IN JANUARY EACH YEAR. ADDITIONALLY, EIGHT TO NINE SECTIONAL MEETINGS ARE HELD IN FOUR REGIONS OF THE U.S. EACH YEAR. IN 2023, THE JOINT MATHEMATICS MEETING WAS HELD IN JANUARY AND 4,662 PARTICIPANTS ATTENDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Professor Bryna Kra President | OfficerTrustee | 10 | $0 |
Professor Douglas L Ulmer Treasurer | OfficerTrustee | 2 | $0 |
Professor Boris Hasselblatt Secretary | OfficerTrustee | 25 | $0 |
Professor Linda Chen Associate Treasurer | OfficerTrustee | 2 | $0 |
Professor Ruth M Charney Past President | Trustee | 2 | $0 |
Professor Joseph Silverman Chair And Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Steptoe & Johnson Pllc Legal Services | 12/30/23 | $543,629 |
Beaver Hollow Niagara Llc Conf. Space & Accom. For Mrc | 12/30/23 | $371,507 |
G Tilmann Mette Editorial Services - Ams Publications | 12/30/23 | $199,511 |
Smg Food And Beverage Llc Catering Services For Jmm | 12/30/23 | $175,000 |
Citrin Cooperman & Company Llp Audit And Accounting Services | 12/30/23 | $152,619 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,437,191 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,697,764 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,079,455 |
| Noncash contributions included in lines 1a–1f | $162,278 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,214,410 |
| Total Program Service Revenue | $24,810,901 |
| Investment income | $5,509,990 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $43,535,301 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $619,248 |
| Grants and other assistance to domestic individuals. | $217,874 |
| Grants and other assistance to Foreign Orgs/Individuals | $26,999 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,492,174 |
| Compensation of current officers, directors, key employees. | $292,223 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,661,652 |
| Pension plan accruals and contributions | $1,278,892 |
| Other employee benefits | $2,171,583 |
| Payroll taxes | $1,262,382 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $623,925 |
| Fees for services: Accounting | $383,139 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,515,395 |
| Advertising and promotion | $135,926 |
| Office expenses | $705,575 |
| Information technology | $644,146 |
| Royalties | $257,486 |
| Occupancy | $700,493 |
| Travel | $2,692,295 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $824,028 |
| Insurance | $248,434 |
| All other expenses | $262,335 |
| Total functional expenses | $35,400,147 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,246,131 |
| Savings and temporary cash investments | $12,062,896 |
| Pledges and grants receivable | $163,691 |
| Accounts receivable, net | $970,482 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,047,255 |
| Prepaid expenses and deferred charges | $2,017,606 |
| Net Land, buildings, and equipment | $2,906,033 |
| Investments—publicly traded securities | $232,877,482 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $570,144 |
| Other assets | $3,904,749 |
| Total assets | $258,766,469 |
| Accounts payable and accrued expenses | $4,891,097 |
| Grants payable | $0 |
| Deferred revenue | $12,601,019 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,342,569 |
| Total liabilities | $23,834,685 |
| Net assets without donor restrictions | $197,289,880 |
| Net assets with donor restrictions | $37,641,904 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $258,766,469 |
Grants Awarded
Over the last fiscal year, American Mathematical Society has awarded $282,200 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ASSOCIATION FOR THE ADVANCEMENT OF SCIENCE PURPOSE: MASS MEDIA FELLOWSHIP SUPPORT | $13,000 |
FRIENDS OF THE INTERNATIONAL PURPOSE: 2023 BREAKOUT GRADUATE FELLOWSHIPS | $40,000 |
BROWN UNIVERSITY PURPOSE: EPSILON FUND - ANNUAL SUPPORT | $6,000 |
MASSACHUSETTS INSTITUTE OF TECHNOLOGY PURPOSE: EPSILON FUND - ANNUAL SUPPORT & SIMONS GRANT | $11,000 |
KANSAS STATE UNIVERSITY PURPOSE: EPSILON FUND - ANNUAL SUPPORT | $11,000 |
MATH CIRCLES OF CHICAGO PURPOSE: EPSILON FUND - ANNUAL SUPPORT | $6,000 |