National Museum of Mathematics

Analysis

National Museum of Mathematics is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, National Museum of Mathematics reported income of $7.9m and spending of $9.5m, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.4m to $7.9m (-24%), an average of -6.6% a year. The sharpest change came in the year to June 2022, when income dropped by 37%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Museum of Mathematics 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 92nd percentile within NY. Charities of a similar size with the same main cause include Anderson Ranch Arts Foundation ($7.8m), The Nasdaq Entrepreneurial Center Inc ($7.9m) and Friends of Public Radio Arizona ($7.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $1.0m (11% of expenses). Other salaries and wages came to $2.3m. It paid $144k in professional fundraising fees. At year end it held assets of $38.6m against liabilities of $2.1m, net assets of $36.5m. It reported 70 employees.