American Mathematical Society

Analysis

American Mathematical Society is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in July 1927, 99 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Mathematical Society reported income of $43.5m and spending of $35.4m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $35.1m to $43.5m (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Mathematical Society sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within RI. Charities of a similar size with the same main cause include Curtis Institute of Music ($43.5m), Institute for Systems Biology ($43.6m) and American Lightweight Materials Manufacturing Innovation Institute ($43.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $2.5m (7.0% of expenses). Other salaries and wages came to $15.7m. At year end it held assets of $258.8m against liabilities of $23.8m, net assets of $234.9m. It reported 235 employees.