The National Council of Teachers of Mathematics-Incorporated-

Analysis

The National Council of Teachers of Mathematics-Incorporated- is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in November 1964, 62 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 May 2023, The National Council of Teachers of Mathematics-Incorporated- reported income of $9.8m and spending of $10.9m, spending 111% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $8.4m to $9.8m (+17%), an average of +5.4% a year. The sharpest change came in the year to May 2021, when income rose by 36%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The National Council of Teachers of Mathematics-Incorporated- sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include Minnesota Childrens Museum ($9.8m), Texas Ballet Theater Inc ($9.8m) and South Shore Playhouse Associates Inc ($9.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 13% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $751k (6.9% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $15.7m against liabilities of $3.5m, net assets of $12.3m. It reported 32 employees.