Minnesota Council of Teachers of Mathematics

Analysis

Minnesota Council of Teachers of Mathematics is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in May 1997, 29 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 December 2023, Minnesota Council of Teachers of Mathematics reported income of $282k and spending of $235k, spending 83% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $244k to $282k (+15%), an average of +7.3% a year. The sharpest change came in the year to December 2023, when income rose by 159%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Minnesota Council of Teachers of Mathematics sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within MN. Charities of a similar size with the same main cause include Cheshire Childrens Museum ($282k), Waynesboro Symphony Orchestra Inc ($282k) and Ballet Arts Inc of Jackson ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $28k (12% of expenses). At year end it held assets of $257k against liabilities of $0, net assets of $257k.