Form 990 for tax year 2024

Totals

Total revenue

$1,687,588

Total expenses

$1,546,702

Contributions and grants received

$1,533,988

Grants paid

$931,500

Program service revenue

$0

Investment income

$255,784

Other revenue

-$102,184

Total assets, end of year

$7,282,635

Total liabilities, end of year

$205,186

Net assets or fund balances, end of year

$7,077,449

Program services expenses (Part IX)

$1,500,029

Management and general expenses

$46,673

Fundraising expenses

$0

Program service expenses (Part III)

$1,500,029

Program services were 97.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2024

• THE PHD-FELLOWSHIP PROGRAM FOCUSES ON PROVIDING FINANCIAL SUPPORT TO QUALIFIED CANDIDATES WITH INDUSTRY EXPERIENCE AND A DESIRE TO PURSUE AN ACADEMIC CAREER, WHO ARE CURRENTLY ENROLLED OR HAVE BEEN FORMALLY ACCEPTED IN A U.S. ACADEMIC INSTITUTION, WITH THE MEANS OF ACQUIRING A DOCTORAL DEGREE IN THE FIELD OF MINING OR EXTRACTIVE METALLURGY/MINERAL PROCESSING AT A U.S. ACRREDITED UNIVERSITY. SME HAS IMPLEMENTED THESE PROGRAMS TO ADDRESS THE LONG-TERM CHALLENGES THAT THREATEN THE SUBSTAINABILITY OF U.S. MINING AND MINERAL PROCESSING/EXTRACTIVE METALLURGY ACADEMIC DEGREE GRANTING PROGRAMS, AS WELL AS THE LOOMING FUTURE LABOR DEFICIENCIES WITH RETIREMENT OVER THE NEXT TWO DECADES.

  Expenses $811,599 · Grants $805,000

• THE MINERAL EDUCATION COALITION (MEC) IS THE SOCIETY FOR MINING, METALLURGY AND EXPLORATION FOUNDATION'S DESIGNATED PROGRAM TO DEVELOP AND DELIVER ACCURATE AND TIMELY K-12 EDUCATION MATERIALS AND ACTIVITIES AND CONDUCT PUBLIC AWARENESS OUTREACH ABOUT MINING AND MINERALS. THE MEC IS THE SUCCESSOR ENTITY OF THE MINERAL INFORMATION INSTITUTE (MII) WHICH WAS MERGED AS OF NOVEMBER 1, 2008 AND SME'S GOVERNMENT, EDUCATION AND MINING (GEM) PROGRAM.

  Expenses $245,000 · Revenue $11,110

• THE PENG GROUND CONTROL MINING AWARD IS GIVEN IN RECOGNITION OF INDIVIDUALS THAT HAVE DEMONSTRATED TECHNICAL AND SCIENTIFIC EXCELLENCE IN ADVANCING THE UNDERSTANDING OF GROUND CONTROL TECHNOLOGIES OR APPROACHES BY EITHER PUBLICATION OR DIRECT APPLICATIONS IN THE MINING INDUSTRY. THE ANNUAL AWARD WILL BE GIVEN TO AN INDIVIDUAL OR GROUP THAT: (1) HAS SHOWN INSIGHT AND UNDERSTANDING OF GROUND CONTROL ISSUES BY DEVELOPING CONCEPTS, THEORIES OR TECHNOLOGIES THAT HAVE BEEN ADOPTED BY THE MINING COMMUNITY, OR (2) HAS SUCCESSFULLY IMPLEMENTED A GROUND CONTROL DESIGN OR DESIGNS OR PRACTICES. THE AWARD WILL BE AVAILABLE TO INDIVIDUALS/GROUPS THAT HAVE MADE SUCH CONTRIBUTIONS TO GROUND CONTROL RELATED TO COAL AND/OR NONCOAL (METALS, COMMODITIES, ETC.) OR AGGREGATE MINES. IN ADDITION, IN 2009, THE SYD S. PENG FUND ADDED TWO GROUND CONTROL IN MINING SCHOLARSHIPS TO PROMOTE THE SCIENCE OF GROUND CONTROL. RECENT TRENDS IN MINING ENGINEERING PROFESSIONALS INDICATE A SHORTAGE OF COMPETENT GROUND CONTROL ENGINEERS. TO HELP REMEDY THIS SITUATION AND PROMOTE THE GROUND CONTROL ENGINEERING DISCIPLINE, AN UNDERGRADUATE AND/OR GRADUATE SCHOLARSHIP(S) WILL BE AWARDED ANNUALLY TO ENCOURAGE THE DEVELOPMENT OF GROUND CONTROL ENGINEERS.

  Expenses $65,559 · Grants $65,000

• EDUCATION, OUTREACH, AND EVENTS.

  Expenses $377,871 · Grants $61,500

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• SOCIETY FOR MINING METALLURGY & EXPLORATION INC

  501(C)(3) · RESEARCH · CO

• ONEMINE INC

  501(C)(3) · RESEARCH · CO

  Directly controlled by SOCIETY FOR MINING METALLURGY & EXPLORATION INC

Provenance

Return type

form_990

Tax year

2024

Filed

11 August 2026

IRS schema version

2024v5.5

Source object

202642249349302759

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.