Skip to content
Nonprofiteer
← MATHEMATICAL ASSOCIATION OF AMERICA INCORPORATED

Form 990 for tax year 2023

Filed by MATHEMATICAL ASSOCIATION OF AMERICA INCORPORATED.

Totals

Total revenue
$8,598,932
Total expenses
$10,048,307
Contributions and grants received
$2,749,719
Grants paid
$673,429
Program service revenue
$4,122,362
Investment income
$671,815
Other revenue
$1,055,036
Total assets, end of year
$35,554,444
Total liabilities, end of year
$11,596,705
Net assets or fund balances, end of year
$23,957,739
Program services expenses (Part IX)
$7,075,712
Management and general expenses
$2,541,259
Fundraising expenses
$431,336
Program service expenses (Part III)
$7,075,712

Program services were 70.4% 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.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $814,810

  • 1f · All other contributions, gifts and grants

    $1,934,909

  • 1g · Noncash contributions included above

    $37,141

  • 2a · Program service revenue: AMERICAN MATH COMPETITION

    total $1,890,242 · related or exempt $1,890,242

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $827,013 · related or exempt $827,013

  • 2c · Program service revenue: MEETINGS

    total $727,582 · related or exempt $604,772 · excluded $122,810

  • 2d · Program service revenue: PUBLICATION SALES

    total $674,261 · related or exempt $674,261

  • 2e · Program service revenue: OTHER PROGRAMS

    total $3,264 · related or exempt $3,264

  • 3 · Investment income

    total $648,970 · excluded $648,970

  • 5 · Royalties

    total $1,043,804 · excluded $1,043,804

  • 7a · Gross sales of assets other than inventory

    securities $1,098,245

  • 7b · Less cost or other basis and sales expenses

    securities $1,075,400

  • 7c · Gain or loss

    securities $22,845

  • 7d · Net gain or loss

    total $22,845 · excluded $22,845

  • 10a · Gross sales of inventory

    $3,196

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $3,196 · related or exempt $3,196

  • 11a · Other revenue: ADVERTISING REVENUE

    total $7,200 · unrelated business $7,200

  • 11b · Other revenue: MISCELLANEOUS INCOME

    total $836 · excluded $836

  • 11e · Other revenue, total

    $8,036

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $525,394 · program services $525,394

  • 2 · Grants to domestic individuals

    total $101,365 · program services $101,365

  • 3 · Grants to foreign organizations and individuals

    total $46,670 · program services $46,670

  • 5 · Compensation of officers, directors and key employees

    total $572,860 · program services $59,257 · management and general $513,603

  • 7 · Other salaries and wages

    total $2,334,700 · program services $2,057,529 · management and general $118,938 · fundraising $158,233

  • 8 · Pension plan contributions

    total $176,490 · program services $153,864 · management and general $10,791 · fundraising $11,835

  • 9 · Other employee benefits

    total $252,968 · program services $202,936 · management and general $34,735 · fundraising $15,297

  • 10 · Payroll taxes

    total $204,971 · program services $151,936 · management and general $41,649 · fundraising $11,386

  • 11a · Fees: management

    total $56,051 · program services $41,974 · management and general $11,943 · fundraising $2,134

  • 11b · Fees: legal

    total $44,693 · program services $33,468 · management and general $9,523 · fundraising $1,702

  • 11c · Fees: accounting

    total $57,930 · program services $43,381 · management and general $12,343 · fundraising $2,206

  • 11f · Fees: investment management

    total $90,125 · management and general $90,125

  • 11g · Fees: other

    total $1,626,430 · program services $1,217,728 · management and general $346,244 · fundraising $62,458

  • 12 · Advertising and promotion

    total $81,542 · program services $81,542

  • 13 · Office expenses

    total $407,699 · program services $129,119 · management and general $213,785 · fundraising $64,795

  • 14 · Information technology

    total $1,034,600 · program services $751,082 · management and general $273,342 · fundraising $10,176

  • 16 · Occupancy

    total $576,880 · program services $166,760 · management and general $405,594 · fundraising $4,526

  • 17 · Travel

    total $423,663 · program services $350,537 · management and general $45,838 · fundraising $27,288

  • 19 · Conferences, conventions and meetings

    total $699,372 · program services $571,584 · management and general $105,066 · fundraising $22,722

  • 20 · Interest

    total $31,954 · program services $10,778 · management and general $8,926 · fundraising $12,250

  • 22 · Depreciation, depletion and amortization

    total $109,067 · program services $31,528 · management and general $76,683 · fundraising $856

  • 23 · Insurance

    total $62,298 · program services $18,009 · management and general $43,800 · fundraising $489

  • 24a · Other expenses: FULLFILLMENT

    total $402,735 · program services $273,691 · management and general $126,414 · fundraising $2,630

  • 24b · Other expenses: MISCELLANEOUS

    total $41,911 · program services $13,512 · management and general $18,024 · fundraising $10,375

  • 24c · Other expenses: PUBLICATIONS

    total $36,028 · program services $26,624 · management and general $7,733 · fundraising $1,671

  • 24d · Other expenses: DUES/MEMBERSHIPS

    total $25,340 · program services $7,325 · management and general $17,816 · fundraising $199

  • 24e · All other expenses

    total $24,571 · program services $8,119 · management and general $8,344 · fundraising $8,108

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $587,228 · end of year $844,808

  • 2 · Savings and temporary cash investments

    beginning of year $592,412 · end of year $699,827

  • 3 · Pledges and grants receivable

    beginning of year $649,768 · end of year $325,950

  • 4 · Accounts receivable

    beginning of year $502,286 · end of year $345,482

  • 9 · Prepaid expenses and deferred charges

    beginning of year $348,097 · end of year $185,351

  • 10a · Land, buildings and equipment: cost or other basis

    $940,618

  • 10b · Land, buildings and equipment: accumulated depreciation

    $284,070

  • 10c · Land, buildings and equipment, net

    beginning of year $637,774 · end of year $656,548

  • 11 · Investments: publicly traded securities

    beginning of year $23,391,898 · end of year $25,719,573

  • 15 · Other assets

    beginning of year $7,351,465 · end of year $6,776,905

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,171,341 · end of year $1,269,253

  • 18 · Grants payable

    beginning of year $52,983 · end of year $33,152

  • 19 · Deferred revenue

    beginning of year $2,746,137 · end of year $2,001,788

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $505,000

  • 25 · Other liabilities

    beginning of year $7,805,437 · end of year $7,787,512

  • 27 · Net assets without donor restrictions

    beginning of year $13,381,531 · end of year $14,265,544

  • 28 · Net assets with donor restrictions

    beginning of year $8,903,499 · end of year $9,692,195

Mission and programs · 2023

Mission

THE MISSION OF THE MAA IS TO ADVANCE THE UNDERSTANDING OF MATHEMATICS AND ITS IMPACT ON OUR WORLD.

Activities or mission (Part I)

THE MISSION OF MAA IS TO ADVANCE THE UNDERSTANDING OF MATHEMATICS AND ITS IMPACT ON OUR WORLD.

  • FEDERAL/OTHER EXTERNALLY FUNDED PROGRAMS - THE MAA PROVIDES ADVICE AND TECHNICAL ASSISTANCE, WHICH ENHANCE MATHEMATICAL EDUCATION, THROUGH THE SUPPORT OF FEDERAL GOVERNMENT AGENCIES AND OTHER EXTERNAL FUNDERS.

    Expenses $2,540,940 · Grants $665,029

  • MEMBERSHIP SERVICES - THE MAA MEMBERS INCLUDE UNIVERSITY, COLLEGE, AND HIGH SCHOOL TEACHERS; GRADUATE AND UNDERGRADUATE STUDENTS; PURE AND APPLIED MATHEMATICIANS; COMPUTER SCIENTISTS; STATISTICIANS; STEM PROFESSIONALS, AND MANY OTHERS IN ACADEMIA, GOVERNMENT, BUSINESS, AND INDUSTRY. THE MAA PROVIDES MEMBERSHIP SERVICES CENTERED AROUND OUR CORE VALUES: COMMUNITY, INCLUSIVITY, COMMUNICATION, TEACHING & LEARNING. WE SUPPORT THE MISSION AND CORE VALUES THROUGH OUTREACH, PROGRAMS, MEETINGS, COMPETITIONS, AND PUBLICATIONS, AS WELL AS NATIONAL COMMITTEES AND 29 REGIONAL SECTIONS.

    Expenses $1,491,378 · Grants $3,400 · Revenue $827,013

  • AMERICAN MATHEMATICAL COMPETITIONS (AMC) SEEKS TO STRENGTHEN THE MATH CAPABILITIES OF OUR NATION'S YOUTH, WE IDENTIFY, RECOGNIZE AND REWARD EXCELLENCE IN MATH THROUGH A SERIES OF NATIONAL CONTESTS. ABOUT 400,000 STUDENTS FROM 6,000 SCHOOLS COMPETE ANNUALLY IN ONE OR MORE OF THESE TESTS TARGETING THE AVERAGE TO THE MOST GIFTED MATH STUDENT. THE CULMINATION OF THESE TESTS IS THE SELECTION, TRAINING AND INTERNATIONAL COMPETITION OF THE SIX STUDENTS WHO REPRESENT THE US. THE US TEAM IS USUALLY AMONG THE TOP 3 TEAMS. THE MAA-AMC ALSO SELECTS AND SPONSORS TEAMS THAT PARTICIPATE IN THE CHINA GIRL'S MATH OLYMPIAD.

    Expenses $747,325 · Revenue $1,890,242

  • THE MAA PUBLISHES AN ARRAY OF PEER-REVIEWED JOURNALS, BOTH PRINT AND ELECTRONIC REPRESENTING MAA'S COMMITMENT TO HIGH-QUALITY EXPOSITION OF MATH AND TEACHING AT THE COLLEGIATE LEVEL. AVAILABLE ARE THE MAA FOCUS WHICH IS THE MAA'S NEWS MAGAZINE. ALSO AVAILABLE ARE THE AMERICA MATHEMATICAL MONTHLY (10,000 SUBSCRIBERS), THE MOST WIDELY CIRCULATED JOURNAL OF COLLEGIATE MATH IN THE WORLD. MATHEMATICS MAGAZINE (8,000) AND THE COLLEGE MATH JOURNAL (8,000) OFFER A WIDE ARRAY OF MATH TOPICS. THE ONLINE PUBLICATION CONVERGENCE EMPHASIZES APPLETS AND OTHER DIGITAL RESOURCES AND THE HISTORY OF MATH. MATH HORIZONS (12,000) IS AIMED AT THE UNDERGRADUATE STUDENT.MAA PUBLISHES MANY BOOKS PER YEAR AND MAINTAINS PAST TITLES TOTALING HUNDREDS OF BOOKS AVAILABLE. WE SERVE PRIMARILY FACULTY AND UNDERGRADUATE STUDENTS WITH SOME SELECT TITLES SUITABLE FOR STUDENTS AND FACULTY AT THE GRADUATE LEVEL. TEXTBOOKS AND TEXTBOOK SUPPLEMENTS ARE A SIGNIFICANT COMPONENT OF OUR TITLES WITH THE AIM TO PROVIDE HIGH QUALITY BOOKS TO STUDENTS AT AFFORDABLE PRICES. WE ALSO OFFER PEDAGOGICAL AND BOOKS OF MATH PROBLEMS TO ACCOMMODATE A WIDE RANGE OF READERS. WE ALSO OFFER MATH BIOGRAPHIES, POPULAR WORKS AND MONOGRAPHS, ALL OF WHICH ARE WIDELY ACCESSIBLE TO THE GENERAL PUBLIC.

    Expenses $1,061,150 · Revenue $677,457

  • ALL OTHER PROGRAM SERVICES NOT LISTED ABOVE.

    Expenses $1,234,919 · Grants $5,000 · Revenue $608,036

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Hortensia Soto

    PRESIDENT

    Total calculated
    $12,250
    From this org
    $12,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Nancy Neudauer

    ASSOCIATE SECRETARY

    Total calculated
    $12,250
    From this org
    $12,250
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • Cynthia J Wyels

    SECRETARY

    Total calculated
    $10,000
    From this org
    $10,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • Jennifer J Quinn

    PAST-PRESIDENT - UNTIL 01/2023

    Total calculated
    $0
    Hours/week
    5

  • Adriana Salerno

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • C Allen Butler

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Edray Goins

    CHAIR, CONGRESS

    Total calculated
    $0
    Hours/week
    5

  • Lisa E Marano

    CHAIR, COMMITTEE ON SECTIONS

    Total calculated
    $0
    Hours/week
    5

  • Russell E Goodman

    MEMBER-AT-LARGE

    Total calculated
    $0
    Hours/week
    5

  • J Michael Pearson

    EXECUTIVE DIRECTOR

    Total calculated
    $310,390
    From this org
    $280,462
    From related orgs
    $0
    Other
    $29,928
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $280,462
    Bonus
    $0
    Other
    $0
    Deferred
    $21,225
    Nontaxable benefits
    $8,703
    Filer's total
    $310,390

  • Kimberly Rutland-Starks

    CHIEF FINANCIAL OFFICER

    Total calculated
    $194,772
    From this org
    $168,382
    From related orgs
    $0
    Other
    $26,390
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,382
    Bonus
    $0
    Other
    $0
    Deferred
    $13,057
    Nontaxable benefits
    $13,333
    Filer's total
    $194,772

  • Ben Spaisman

    CHIEF BUSINESS OFFICER

    Total calculated
    $33,198
    From this org
    $30,520
    From related orgs
    $0
    Other
    $2,678
    Hours/week
    40

  • Kristen Vu Director

    DEVELOPMENT & COMMUNICATIONS

    Total calculated
    $190,551
    From this org
    $157,106
    From related orgs
    $0
    Other
    $33,445
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,106
    Bonus
    $0
    Other
    $0
    Deferred
    $12,760
    Nontaxable benefits
    $20,685
    Filer's total
    $190,551

  • Stephen Coolbaugh

    DIRECTOR, MEMBERSHIP

    Total calculated
    $168,373
    From this org
    $148,522
    From related orgs
    $0
    Other
    $19,851
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,522
    Bonus
    $0
    Other
    $0
    Deferred
    $11,250
    Nontaxable benefits
    $8,601
    Filer's total
    $168,373

  • Carol Baxter

    DIRECTOR, PUBLICATIONS

    Total calculated
    $148,290
    From this org
    $123,252
    From related orgs
    $0
    Other
    $25,038
    Hours/week
    40

  • Cheryl Adams Director

    MEMBER & CUSTOMER RELATIONS

    Total calculated
    $130,627
    From this org
    $120,692
    From related orgs
    $0
    Other
    $9,935
    Hours/week
    40

  • Deirdre Longacher Smeltzer

    DIRECTOR, PROGRAMS

    Total calculated
    $130,195
    From this org
    $116,034
    From related orgs
    $0
    Other
    $14,161
    Hours/week
    40

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

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202443209349327604

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.