Academy of Mathematics & Science South Inc

Analysis

Academy of Mathematics & Science South Inc is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in May 2014, 12 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Academy of Mathematics & Science South Inc reported income of $73.8m and spending of $68.6m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.1m to $73.8m (+465%), an average of +54% a year. The sharpest change came in the year to June 2020, when income rose by 157%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Academy of Mathematics & Science South Inc 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 99th percentile, and in the 99th percentile within AZ. Charities of a similar size with the same main cause include New York Public Radio ($73.7m), The Colburn School ($74.2m) and Waterford Institute Inc ($73.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $665k (1.0% of expenses). Other salaries and wages came to $25.4m. At year end it held assets of $149.5m against liabilities of $136.7m, net assets of $12.8m. It reported 845 employees.