Minerals Metals & Materials Society Inc

Analysis

Minerals Metals & Materials Society Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 1985, 41 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, Minerals Metals & Materials Society Inc reported income of $8.0m and spending of $8.1m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.8m to $8.0m (-9.3%), an average of -2.4% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Minerals Metals & Materials Society Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Unmc Science Research Fund ($8.0m), National Association for Music Education ($8.0m) and National Underground Railroad Freedom Center Inc ($8.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $754k (9.3% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $11.3m against liabilities of $2.3m, net assets of $9.0m. It reported 38 employees.