Pro Mathematica Arte

Organization Overview

Pro Mathematica Arte is located in Northfield, MN. The organization was established in 1999. According to its NTEE Classification (Q22) the organization is classified as: International Academic Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 08/2023, Pro Mathematica Arte employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pro Mathematica Arte 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 08/2023, Pro Mathematica Arte generated $1.5m 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 (4.2%) each year. All expenses for the organization totaled $1.5m during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 7 years. 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

PRO MATHEMATICA ARTE RUNS THE BUDAPEST SEMESTERS IN MATHEMATICS PROGRAM (BSM)AND THE BUDAPEST SEMESTERS IN MATHEMATICS EDUCATION PROGRAM (BSME). THE SPECIFIC PURPOSE OF BSM AND BSME IS TO PROMOTE THE STUDY OF MATHEMATICAL SCIENCES (INCLUDING COMPUTER SCIENCE) AND MATHEMATICS EDUCATION THROUGH THE BENEFICIAL EFFECT OF THE INTERNATIONAL AND EDUCATIONAL EXCHANGE AND COOPERATION ON SUCH STUDY. TO SERVE THIS MISSION BSM AND BSME CLOSELY COOPERATE WITH THE HUNGARIAN MATHEMATICS AND MATHEMATICS EDUCATION COMMUNITIES RELYING ON AND SUPPORTING THE DEEP ROOTED TRADITIONS OF EXCELLENCE IN MATHEMATICS EDUCATION AND RESEARCH IN HUNGARY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE BSM PROGRAM CONSISTED OF THREE SEMESTERS OF STUDY IN MATHEMATICS, THEORETICAL COMPUTER SCIENCE OR MATHEMATICS EDUCATION IN BUDAPEST, HUNGARY. STUDENTS ATTENDED FALL, SPRING AND SUMMER TERMS. WE SERVED 37 STUDENTS IN FALL 2022, 37 STUDENTS IN SPRING 2023 AND 43 STUDENTS IN SUMMER 2023. THE BSME PROGRAM OFFERED THREE SEMESTERS OF STUDY IN MATHEMATICS EDUCATION IN BUDAPEST, HUNGARY. 6 STUDENTS ATTENDED IN FALL 2022 AND 20 STUDENTS IN SUMMER 2023.


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Board, Officers & Key Employees

Name (title)Compensation
Tara Holm
President
$20,464
Deanna Haunsperger
Treasurer
$13,890
Laszlo Babai
Director
$0
Kiran Kedlaya
Chair
$3,333
Bela Bajnok
Secretary
$11,751
Dezso Miklos
Director
$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$1,312,440
Investment income $71,121
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $78,082
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,461,643

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