Mathematics Institute Of Wisconsin Inc
- Assets
- $465.6k
- Revenue
- $951.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Oconomowoc, WI
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 46-4161191
Organization Overview
Mathematics Institute Of Wisconsin Inc is located in Oconomowoc, WI. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mathematics Institute Of Wisconsin 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 12/2023, Mathematics Institute Of Wisconsin Inc generated $951.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ILLUSTRATIVE MATHEMATICSTHE MATH SPECIALISTS ARE CERTIFIED FACILITATORS FOR ILLUSTRATIVE MATHEMATICS AND PROVIDE IM PROFESSIONAL LEARNING TO SCHOOL DISTRICTS WANTING TO IMPLEMENT THE IM CURRICULUM AT THEIR SCHOOLS. WE PROVIDED 24 DAYS OF VIRTUAL PROFESSIONAL LEARNING, 82 DAYS IN-PERSON AT A SCHOOL DISTRICT WITH APPROXIMATELY 1,948 ATTENDEES.
DISTRICT PDTHE FOUNDATION PROVIDED PROFESSIONAL DEVELOPMENT SERVICES IN-PERSON AND VIRTUALLY TO 35 DISTRICTS TO SUPPORT EDUCATOR SUCCESS IN THE K-12 CLASSROOM. SERVICES COVERED A VARIETY OF TOPICS INCLUDING MATH CONTENT, INSTRUCTIONAL STRATEGIES, AND CLASSROOM COACHING. APPROXIMATELY 3,022 PEOPLE PARTICIPATED IN OVER 247 DAYS IN THESE PROFESSIONAL DEVELOPMENT SERVICES.
COGNITIVE COACHINGTHE FOUNDATION CONDUCTED AN 8-DAY COGNITIVE COACHING SEMINARS FOUNDATION TRAINING TO HELP EDUCATORS DEVELOP MEDIATION SKILLS AND STRATEGIES THAT ENHANCE STUDENT LEARNING. 44 PEOPLE ATTENDED THE IN-HOUSE TRAINING, 15 PEOPLE ATTENDED 2 DAYS OF IN-DISTRICT TRAINING.
WORKSHOPS (VIRTUAL AND IN-PERSON)THE FOUNDATION CONDUCTED 18 DAYS OF IN-PERSON WORKSHOPS AND 6 DAYS OF VIRTUAL WORKSHOPS TO INCREASE EDUCATOR KNOWLEDGE IN A VARIETY OF K-12 EDUCATION AND MATH CONTENT AREAS. 418 PEOPLE ATTENDED THE WORKSHOPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcia K Peterson Director | 5 | $0 | |
James L Mohr Secretary | 5 | $0 | |
Kathryn Leverenz President | 40 | $205,019 | |
Eric Kanters Math Specialist | 40 | $115,810 | |
Sara Brown Math Specialist | 40 | $108,701 | |
Shelley Michalski Systems Admin | 40 | $66,427 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $318 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$684 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $951,419 |
| Total Revenue | $951,053 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $251,394 |
| Other employee salaries and wages | $495,172 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $46,789 |
| Depreciation | $1,651 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $39,991 |
| Printing and publications | $0 |
| Other expenses | $555,087 |
| Total operating and administrative expenses | $1,396,274 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,396,274 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $453,290 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,921 |
| Other assets | $10,350 |
| Total assets | $465,561 |
| Accounts payable and accrued expenses | $4,503 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,503 |