Mathematical Association Of America Incorporated
- Assets
- $35.6m
- Revenue
- $8.6m
- Investments
- $0.0
- Employees
- 36
- Location
- Washington, DC
- Founding
- 01/1972
- Data as of
- 12/2023
- EIN
- 16-0743079
Organization Overview
Mathematical Association Of America Incorporated is located in Washington, DC. The organization was established in 1972. According to its NTEE Classification (U34) the organization is classified as: Mathematics, under the broad grouping of Science & Technology and related organizations. As of 12/2023, Mathematical Association Of America Incorporated employed 36 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Mathematical Association Of America Incorporated 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, Mathematical Association Of America Incorporated generated $8.6m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $10.0m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mathematical Association Of America Incorporated has awarded 439 individual grants totaling $7,004,276. 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 MISSION OF MAA IS TO ADVANCE THE UNDERSTANDING OF MATHEMATICS AND ITS IMPACT ON OUR WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FEDERAL/OTHER EXTERNALLY FUNDED PROGRAMS - THE MAA PROVIDES ADVICE AND TECHNICAL ASSISTANCE, WHICH ENHANCE MATHEMATICAL EDUCATION, THROUGH THE SUPPORT OF FEDERAL GOVERNMENT AGENCIES AND OTHER EXTERNAL FUNDERS.
MEMBERSHIP SERVICES - THE MAA MEMBERS INCLUDE UNIVERSITY, COLLEGE, AND HIGH SCHOOL TEACHERS; GRADUATE AND UNDERGRADUATE STUDENTS; PURE AND APPLIED MATHEMATICIANS; COMPUTER SCIENTISTS; STATISTICIANS; STEM PROFESSIONALS, AND MANY OTHERS IN ACADEMIA, GOVERNMENT, BUSINESS, AND INDUSTRY. THE MAA PROVIDES MEMBERSHIP SERVICES CENTERED AROUND OUR CORE VALUES: COMMUNITY, INCLUSIVITY, COMMUNICATION, TEACHING & LEARNING. WE SUPPORT THE MISSION AND CORE VALUES THROUGH OUTREACH, PROGRAMS, MEETINGS, COMPETITIONS, AND PUBLICATIONS, AS WELL AS NATIONAL COMMITTEES AND 29 REGIONAL SECTIONS.
AMERICAN MATHEMATICAL COMPETITIONS (AMC) SEEKS TO STRENGTHEN THE MATH CAPABILITIES OF OUR NATION'S YOUTH, WE IDENTIFY, RECOGNIZE AND REWARD EXCELLENCE IN MATH THROUGH A SERIES OF NATIONAL CONTESTS. ABOUT 400,000 STUDENTS FROM 6,000 SCHOOLS COMPETE ANNUALLY IN ONE OR MORE OF THESE TESTS TARGETING THE AVERAGE TO THE MOST GIFTED MATH STUDENT. THE CULMINATION OF THESE TESTS IS THE SELECTION, TRAINING AND INTERNATIONAL COMPETITION OF THE SIX STUDENTS WHO REPRESENT THE US. THE US TEAM IS USUALLY AMONG THE TOP 3 TEAMS. THE MAA-AMC ALSO SELECTS AND SPONSORS TEAMS THAT PARTICIPATE IN THE CHINA GIRL'S MATH OLYMPIAD.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hortensia Soto President | OfficerTrustee | 10 | $12,250 |
Nancy Neudauer Associate Secretary | OfficerTrustee | 5 | $12,250 |
Cynthia J Wyels Secretary | OfficerTrustee | 5 | $10,000 |
Jennifer J Quinn Past-President - Until 01/2023 | OfficerTrustee | 5 | $0 |
Adriana Salerno Vice President | OfficerTrustee | 5 | $0 |
C Allen Butler Treasurer | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Educational Vistas Inc Technology Consulting | 12/30/23 | $290,520 |
Aramark Catering Services | 12/30/23 | $144,380 |
Brightkey Customer Servicing Center | 12/30/23 | $223,760 |
Mooring Audio Visual Llc Audio/visual Services | 12/30/23 | $139,870 |
Fusionspan Technology Consulting | 12/30/23 | $131,923 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $814,810 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,934,909 |
| Noncash contributions included in lines 1a–1f | $37,141 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,749,719 |
| Total Program Service Revenue | $4,122,362 |
| Investment income | $648,970 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,043,804 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $22,845 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,196 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,598,932 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $525,394 |
| Grants and other assistance to domestic individuals. | $101,365 |
| Grants and other assistance to Foreign Orgs/Individuals | $46,670 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $572,860 |
| Compensation of current officers, directors, key employees. | $513,603 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,334,700 |
| Pension plan accruals and contributions | $176,490 |
| Other employee benefits | $252,968 |
| Payroll taxes | $204,971 |
| Fees for services: Management | $56,051 |
| Fees for services: Legal | $44,693 |
| Fees for services: Accounting | $57,930 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $90,125 |
| Fees for services: Other | $1,626,430 |
| Advertising and promotion | $81,542 |
| Office expenses | $407,699 |
| Information technology | $1,034,600 |
| Royalties | $0 |
| Occupancy | $576,880 |
| Travel | $423,663 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $699,372 |
| Interest | $31,954 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $109,067 |
| Insurance | $62,298 |
| All other expenses | $24,571 |
| Total functional expenses | $10,048,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $844,808 |
| Savings and temporary cash investments | $699,827 |
| Pledges and grants receivable | $325,950 |
| Accounts receivable, net | $345,482 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $185,351 |
| Net Land, buildings, and equipment | $656,548 |
| Investments—publicly traded securities | $25,719,573 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,776,905 |
| Total assets | $35,554,444 |
| Accounts payable and accrued expenses | $1,269,253 |
| Grants payable | $33,152 |
| Deferred revenue | $2,001,788 |
| 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 | $505,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,787,512 |
| Total liabilities | $11,596,705 |
| Net assets without donor restrictions | $14,265,544 |
| Net assets with donor restrictions | $9,692,195 |
| 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 | $35,554,444 |
Grants Awarded
Over the last fiscal year, Mathematical Association Of America Incorporated has awarded $431,674 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
EL PASO COMMUNITY COLLEGE FOUNDATION PURPOSE: TENSOR SUMMA PROGRAM | $6,000 |
MASSACHUSETTS INSTITUTE OF TECHNOLOGY PURPOSE: PUTNAM FOUNDATION | $25,000 |
SAINT THOMAS AQUINAS COLLEGE PURPOSE: TENSOR SUMMA PROGRAM | $6,000 |
SAN FRANCISCO STATE UNIVERSITY PURPOSE: NSF/COMINDS | $16,189 |
TEXAS A&M RESEARCH FOUNDATION PURPOSE: NSF/NREUP PROGRAM | $33,691 |
TRUSTEES OF BOSTON UNIVERSITY PURPOSE: TENSOR SUMMA PROGRAM | $6,000 |