Mathematical Optimization Society Inc
- Assets
- $930.1k
- Revenue
- $64.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 03/1981
- Data as of
- 12/2021
- EIN
- 23-2161580
Organization Overview
Mathematical Optimization Society Inc is located in Philadelphia, PA. The organization was established in 1981. According to its NTEE Classification (U34) the organization is classified as: Mathematics, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mathematical Optimization Society Inc 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 12/2021, Mathematical Optimization Society Inc generated $64.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $59.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCE KNOWLEDGE OF MATHEMATICAL OPTIMIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
PREPARE, PUBLISH AND DISTRIBUTE THE SOCIETY'S TECHNICAL JOURNALS. (1) MATHEMATICAL PROGRAMMING A, 6-9 TIMES A YEAR, (2) MATHEMATICAL PROGRAMMING B INTERMITTENTLY, AND (3) MATHEMATICAL PROGRAMMING COMPUTATION INTERMITTENTLY. PREPARE, PUBLISH AND DISTRIBUTE THE SOCIETY'S GENERAL NEWSLETTER OPTIMA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marina Epelman Treasurer | OfficerTrustee | 4 | $0 |
John Birge Chairman | OfficerTrustee | 5 | $0 |
Karen Aardal Vice Chairman | OfficerTrustee | 5 | $0 |
David Morton Chair Of Exec | OfficerTrustee | 1 | $0 |
Santanu Dey Council Member | Trustee | 1 | $0 |
Tito Homem-De-Mello Council Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $64,384 |
| Investment income | $326 |
| 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 | $64,710 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,000 |
| Fees for services: Accounting | $5,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $3,056 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $59,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $182,584 |
| Savings and temporary cash investments | $718,366 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $6,367 |
| Investments—publicly traded securities | $22,750 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $930,067 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $5,928 |
| 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 | $0 |
| Total liabilities | $5,928 |
| Net assets without donor restrictions | $855,142 |
| Net assets with donor restrictions | $68,997 |
| 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 | $930,067 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mathematical Association Of America Incorporated Washington, DC | $32,437,492 | $20,213,904 |
Center For Excellence In Education Mclean, VA | $9,130,004 | $3,394,712 |
Institute Of Mathematical Statistics Waite Hill, OH | $14,662,135 | $2,453,638 |
Indiana Title Statistical Services Organization Inc Indianapolis, IN | $0 | $232,233 |
Council Of Professional Associations On Federal Statistics Washington, DC | $251,256 | $193,950 |
Association Of Symbolic Logic Storrs, CT | $1,168,993 | $264,667 |