Pro Mathematica Arte

Analysis

Pro Mathematica Arte is a registered charity in United States, based in Northfield, MN. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 August 2023, Pro Mathematica Arte reported income of $1.5m and spending of $1.5m, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $2.3m to $1.5m (-36%), an average of -11% a year. The sharpest change came in the year to August 2022, when income rose by 300%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Pro Mathematica Arte sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include Pastors Discipleship Network ($1.5m), One Drop Foundation Inc ($1.5m) and American Friends of the Jewish Campus Berlin Inc ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 90% of the total. Other salaries and wages came to $125k. At year end it held assets of $4.8m against liabilities of $723k, net assets of $4.0m. It reported 7 employees.