Art Of Problem Solving Initiative Inc

Organization Overview

Art Of Problem Solving Initiative Inc, operating under the name Bridge To Enter Advanced Mathematics, is located in New York, NY. The organization was established in 2004. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 05/2023, Bridge To Enter Advanced Mathematics employed 195 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridge To Enter Advanced Mathematics 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 05/2023, Bridge To Enter Advanced Mathematics generated $7.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 30.0% each year . All expenses for the organization totaled $6.5m during the year ending 05/2023. While expenses have increased by 30.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE PATHWAYS FOR UNDERSERVED STUDENTS TO BECOME SCIENTISTS, MATHEMATICIANS, ENGINEERS, AND COMPUTER SCIENTISTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ART OF PROBLEM SOLVING INITIATIVE, INC. (THE ORGANIZATION), FORMERLY KNOWN AS "THE ART OF PROBLEM SOLVING FOUNDATION" WAS FORMED IN 2004. FROM 2004 THROUGH 2011, AOPSI WAS A SMALL, ALL-VOLUNTEER ORGANIZATION; WE RAN A NATIONAL MATH CONTEST AND SUPPORTED LOCAL UNIVERSITY-RUN MATH CIRCLES. BRIDGE TO ENTER ADVANCED MATHEMATICS (BEAM) WAS FOUNDED IN 2011 BY DANIEL ZAHAROPOL AND RAPIDLY BECAME AOPSI'S MAIN PRIORITY AS THE PROGRAM STARTED TO FIND REAL SUCCESS. BEAM WAS FOUNDED TO ADDRESS A LARGELY UNRECOGNIZED PROBLEM: WHILE AFFLUENT STUDENTS WITH TALENT IN MATH HAVE MANY OPPORTUNITIES TO RECEIVE INSTRUCTION IN DEEP ENRICHMENT MATHEMATICS, EVEN HIGH-ACHIEVING STUDENTS FROM MARGINALIZED COMMUNITIES TYPICALLY RECEIVE ONLY ROTE INSTRUCTION FOCUSED ON BASIC SKILLS. TOO FREQUENTLY, THEIR POTENTIAL GOES UNRECOGNIZED OR UNSUPPORTED. BEAM WAS LAUNCHED AS A SMALL 3-WEEK RESIDENTIAL SUMMER PROGRAM FOR 17 RISING 8TH GRADERS IN NEW YORK CITY. AS BEAM'S SUMMER PROGRAMS GREW, IN 2013, BEAM ALSO BEGAN TO PROVIDE SUPPORT AND RESOURCES TO STUDENTS DURING THE ACADEMIC YEAR, INCLUDING WEEKEND CLASSES AND DROP-IN OFFICE HOURS. IN 2018, BEAM EXPANDED TO LOS ANGELES AND CONTINUED TO GROW IN NYC. BEAM HAS NOW GROWN FROM RUNNING A SINGLE THREE-WEEK RESIDENTIAL PROGRAM FOR 17 RISING 8TH GRADERS TO RUNNING SIX SUMMER SITES SERVING ABOUT 420 STUDENTS EACH SUMMER AND PROVIDING YEAR-ROUND SUPPORT AND PROGRAMMING FOR 650 STUDENTS IN NEW YORK AND LOS ANGELES. THE ORGANIZATION FOCUSES ITS EFFORTS ON FOUR MAIN PROGRAMS: BRIDGE TO ENTER ADVANCED MATHEMATICS ("BEAM") DISCOVERY AND SUMMER AWAY, THE BEAM PATHWAY PROGRAM, AND ENTRY POINTS, A NEW NATIONAL INITIATIVE DESIGNED TO BRING BEAM PROGRAMS TO ELEMENTARY AND MIDDLE SCHOOLS ACROSS THE COUNTRY. IN 2020 WE LAUNCHED OUR FIRST NATIONAL PROGRAM TO REACH UNDERSERVED STUDENTS ACROSS THE US. WHEN FULLY ROLLED OUT, THE PROGRAM AIMS TO SUPPORT THOUSANDS OF STUDENTS ACROSS THE COUNTRY BEGINNING IN 2ND GRADE AND CONTINUING THROUGH COLLEGE GRADUATION. MORE INFORMATION IS AVAILABLE AT WWW.BEAMMATH.ORG OR WILL BE PROVIDED UPON REQUEST.


USA MATHEMATICAL TALENT SEARCH (USAMTS)- IS A NATIONAL MATH COMPETITION FOR MIDDLE AND HIGH SCHOOL STUDENTS TO PROMOTE ADVANCED MATHEMATICAL PROBLEM-SOLVING SKILLS AND EDUCATION. THE USAMTS ENCOURAGES STUDENTS TO LEARN ADVANCED MATHEMATICAL WRITING SKILLS. THE USAMTS COMPETITION IS OPEN TO THE GENERAL PUBLIC. ON AVERAGE A TOTAL OF 600 TO 700 MIDDLE AND HIGH SCHOOL STUDENTS PARTICIPATE IN THE USAMTS.


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)Compensation
Richard Rusczyk
President
$0
Nanayaa Dadson
Treasurer
$0
Darryl Hill
Secretary
$0
Jeff Hoffman
Director
$0
Kristin Kearns-Jordan
Director
$0
Kiran Kedlaya PHD
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $52,319
All other contributions, gifts, grants, and similar amounts not included above$7,292,088
Noncash contributions included in lines 1a–1f $60,000
Total Revenue from Contributions, Gifts, Grants & Similar$7,344,407
Total Program Service Revenue$0
Investment income $277,111
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 $7,630,346

Grants Awarded

Over the last fiscal year, Art Of Problem Solving Initiative Inc has awarded $67,192 in support to 2 organizations.

Grant RecipientAmount

UNITED MATH CIRCLES FOUNDATION

PURPOSE: THE ART OF PROBLEM SOLVING FOUNDATION RECEIVED FUNDS DONATED FOR THE USE OF THE MATH CIRCLES PROGRAM. BECAUSE AOPS ENDED THEIR MATH CIRCLES PROGRAM, THE LOCAL MATH CIRCLE SET UP ITS OWN 501(C)(3) ORGANIZATION TO RUN THE PROGRAM. AFTER RECEIVING A COPY OF THE LOCAL ORGANIZATION'S 501(C)(3) DETERMINATION LETTER AOPS DONATED TO THEM THE FUNDS ORIGINALLY SET ASIDE FOR THAT MATH CIRCLE PROGRAM.

$7,178

MATHEMATICS FOUNDATION OF AMERICA

PURPOSE: MFOA LOST THEIR 501(C)3 STATUS DUE TO FAILURE TO FILE FORM 990. ART OF PROBLEM SOLVING FOUNDATION AGREED TO ACT AS A FISCAL SPONSOR OF THEIR MATHEMATICS PROGRAMS UNTIL 501(C)3 STATUS WAS RESTORED. AS OF APRIL, 2016, MFOA'S 501(C)3 STATUS WAS RETROACTIVELY REINSTATED. ART OF PROBLEM SOLVING FOUNDATION HAD SUBSTANTIAL OVERSIGHT OF THE PROGRAM AND HELD CONTROL UNTIL MFOA'S STATUS WAS REINSTATED

$60,014
View Grant Profile

Peer Organizations

Organization NameAssets
Liz Claiborne & Art Ortenberg Foundation
New York, NY
$4,169,306
Theatre Development Fund Inc
New York, NY
$12,739,705
New England Foundation For The Arts Inc
Boston, MA
$6,163,384
Moving Picture Institute
New York, NY
$11,365,614
Pseg Foundation Inc
Newark, NJ
$2,159,799
Performance Zone Inc
New York, NY
$5,780,066
United Way Of Lancaster County
Lancaster, PA
$6,725,538
Town Hall Foundation Inc
New York, NY
$6,384,160
Art Of Problem Solving Initiative Inc
New York, NY
$7,630,346
Music Performance Trust Fund
New York, NY
$5,946,878
Public Art Fund Inc
New York, NY
$4,219,910
Map Fund Inc
New York, NY
$2,092,529
The Cloud Artscience Foundation
Somerville, MA
$1,371,443
Slomo And Cindy Silvian Foundation Inc
Melville, NY
$3,001,086
Philadelphia Cultural Fund Inc
Philadelphia, PA
$3,557,829
American Theatre Wing Inc
New York, NY
$3,691,697
Aba Pathways Inc
Monroe, NY
$2,786,453
America-Israel Cultural Foundation Inc
New York, NY
$2,156,160
Jerome Robbins Foundation
New York, NY
$1,299,865
American Friends Of The Art Fund
New York, NY
$326,864
Milton And Sally Avery Arts Foundation Inc
New York, NY
$501,718
Silver Mountain Foundation For The Arts
Morristown, NJ
$1,512,775
Cultural Alliance Of York County
York, PA
$1,683,542
Care 2 Communities Inc
Boston, MA
$2,288,566
Alden Charitable Foundation Inc
Guilford, CT
$2,148,386

Create an account to unlock the data you need.

or