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American Mathematical Society

Providence, RI · EIN 05-0264797 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

American Mathematical Society reported $39.9 million in revenue and $38.0 million in expenses for calendar year 2024. Of every $100 it spent, $85.91 went to program services, $12.03 to management and general costs and $2.06 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 64.7% of the total. The highest compensation it reported for one person was $390,746 (CHIEF FINANCIAL OFFICER). 56 people received more than $100,000 in reportable compensation. Revenue rose 14% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $38M

For context, the median across 192 covered science & technology charities: $84.33 programs, $15.67 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $40M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 192 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
85.9%83.2%
Management & general
Part IX 25(C) ÷ 25(A)
12.0%15.5%
Fundraising
Part IX 25(D) ÷ 25(A)
2.1%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.11$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
17.5%51.6%
Government grants share of revenue
Part VIII 1e ÷ 12
2.2%3.2%
Program service revenue share
Part VIII 2g ÷ 12
64.7%19.2%
Highest reported compensation
Part VII-A, columns D–F
$390,746$513,729
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.03%1.72%
People paid over $100,000
Part VII, line 2
5627
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
82.814.7
Independent voting board members
Part VI 1a–1b
9 of 994.3%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$24M expenses · 72.4% of program spending · revenue $19M

Publication and dissemination of mathematical literature, including upper-level undergraduate course material, proceedings of meetings in current topical areas and high-level research monographs. Ams publications include the mathematical reviews database, mathscinet, the premier mathematical research tool, containing citations and reviews of mathematical literature dating back to 1940, and bibliographic items dating back to 1812. In 2024, the ams published 25,272 pages of new material in 61 new books. Ams journals and other publications included 35,350 pages of published material

$6.2M expenses · 19.1% of program spending · grants $917K · revenue $4.7M

Membership and outreach activities, as well as professional services and programs for the mathematical community, such as employment services, grant or endowment supported conference, surveys of the profession, endowment supported prizes, awards, scholarships and fellowships for achievements in mathematics, high school outreach, public awareness, and other programs. The society has approximately 26,200 individual and institutional members, with no criteria for membership, who are served through the membership program. To support its mission, the society awarded fellowships, prizes, and other…

$2.8M expenses · 8.6% of program spending · revenue $1.9M

Meetings of the society include the annual joint mathematical meeting held in january each year. Additionally, eight to nine sectional meetings are held in four regions of the U.S. Each year. In 2024, the joint mathematics meeting was held in january and 5,214 participants attended

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF FINANCIAL OFFICER
Officer, 40.00 hrs/week
$355,579$0$35,167$390,746
CHIEF PUBLISHING OFFICER
Key employee, 40.00 hrs/week
$277,568$0$26,833$304,401
EXECUTIVE EDITOR, MATH REVIEWS
Key employee, 40.00 hrs/week
$245,036$0$49,812$294,848
SVP, GOVERNMENT RELATIONS
Key employee, 40.00 hrs/week
$246,111$0$36,672$282,783
DIRECTOR, MR INFORMATION SYSTEMS
Key employee, 40.00 hrs/week
$206,241$0$36,220$242,461
CHIEF EXECUTIVE OFFICER
Officer, 40.00 hrs/week
$213,983$0$8,273$222,256
SENIOR ACQUISITIONS EDITOR
Key employee, 40.00 hrs/week
$180,117$0$29,858$209,975
AVP, DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$151,962$0$52,065$204,027

56 people received more than $100,000 in reportable compensation from American Mathematical Society (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.9M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$40M$38M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$40M$38M85.9%$262M$390,746
2023 ⓘ$44M$35M86.5%$235M$406,624
2022 ⓘ$33M$33M86.7%$199M$390,237
2021 ⓘ$32M$31M88.2%$238M$370,992
2020 ⓘ$34M$31M87.7%$211M$320,544
2019 ⓘ$35M$33M87.8%$194M$311,880

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5251
  • Volunteers Part I, line 6638

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
KNOWLEDGEWORKS GLOBAL LTD
Editorial services - ams publications
$155,805
KRAUTZOURCE UG
It consulting
$150,483
WESTCHESTER PUBLISHING SERVICES LLC
Desktop publishing service
$144,968

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Private foundation grants it received

3 private foundations reported grants to American Mathematical Society totaling $709K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from American Mathematical Society's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for American Mathematical Society, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All science & technology charities · Largest charities in Rhode Island

Questions people ask

How much of American Mathematical Society's spending goes to programs?

In calendar year 2024, American Mathematical Society reported that 85.9% of its $38.0 million in expenses went to program services, 12.0% to management and general and 2.1% to fundraising (Form 990, Part IX).

How much does American Mathematical Society pay its top executive?

The largest total compensation American Mathematical Society reported for one person in calendar year 2024 was $390,746, for the role of CHIEF FINANCIAL OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does American Mathematical Society get its money?

Of $39.9 million in revenue in calendar year 2024, 17.5% came from contributions and grants (including 2.2% from government grants) and 64.7% from program service revenue (Form 990, Part VIII).

Is American Mathematical Society a registered charity?

The IRS lists EIN 05-0264797 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202502889349303155 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202402829349302310 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202312859349300531 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202222919349301302 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202142859349301034 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003219349302240 · read the filing

All filings for EIN 05-0264797: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.