Illustrative Mathematics
Illustrative Mathematics reported $18.8 million in revenue and $20.6 million in expenses for calendar year 2024. Of every $100 it spent, $83.13 went to program services, $15.84 to management and general costs and $1.03 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 76.2% of the total. The highest compensation it reported for one person was $410,174 (CEO). 49 people received more than $100,000 in reportable compensation. Revenue rose 125% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $21MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 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 $19MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 83.1% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.05 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 21.5% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 76.2% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $410,174 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.00% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 49 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 5.0 | 13.3 |
| Independent voting board members Part VI 1a–1b | 7 of 7 | 100.0% |
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 expenseProfessional products and services: im(r) continued providing professional learning products and services that support teachers and school districts.in 2024, professional learning on im(r) k-5 math, im(r) 6-8 math, and im(r) 9-12 math reached more than 44,000 teachers across 1,851 events.in 2024, im(r) also delivered unit planning and facilitation guides to 31 school districts and certified 39 new facilitators to deliver high-quality professional learning experiences
Classroom materials:im(r) continued providing high-quality classroom materials and family support to educators and school districts. In 2024, more than 3 million students had access to an im certified(r) print or premium digital version of the curriculum. We estimate that an additional 304,000 students had access to the free im(r) k-12 math curriculum based on website traffic
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Officer, 40.00 hrs/week | $378,329 | $0 | $31,845 | $410,174 |
| PRESIDENT Officer, 40.00 hrs/week | $318,459 | $0 | $39,791 | $358,250 |
| CFO Officer, 40.00 hrs/week | $290,557 | $0 | $28,561 | $319,118 |
| ENGINEERING AND INNOVATION Key employee, 40.00 hrs/week | $234,459 | $0 | $34,516 | $268,975 |
| PRODUCT DEVELOPMENT Key employee, 40.00 hrs/week | $244,957 | $0 | $19,373 | $264,330 |
| BRAND AND COMMUNICATIONS Key employee, 40.00 hrs/week | $193,391 | $0 | $37,199 | $230,590 |
| CLIENT AND PARTNER SUCCESS Key employee, 40.00 hrs/week | $185,594 | $0 | $33,033 | $218,627 |
| IMPLEMENTATION PROGRAMS Key employee, 40.00 hrs/week | $197,891 | $0 | $15,873 | $213,764 |
49 people received more than $100,000 in reportable compensation from Illustrative Mathematics (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.3M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b7 · 7 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 4No
- 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 5107
- Volunteers Part I, line 67
Private foundation grants it received
3 private foundations reported grants to Illustrative Mathematics totaling $775K 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 Illustrative Mathematics's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Illustrative Mathematics, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Illustrative Mathematics spent in 2024, $83.13 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Bradford Preparatory SchoolCharlotte, NC · revenue $19M · programs 67.5% · FY2025
- International School Yangon AssociationWashington DC, DC · revenue $19M · programs 95.5% · FY2025
- Yeshiva Orchos ChaimLakewood, NJ · revenue $19M · programs 86.9% · FY2025
- Nevada Virtual Charter SchoolLas Vegas, NV · revenue $19M · programs 79.5% · FY2025
- Ojai Valley SchoolOjai, CA · revenue $19M · programs 87.5% · FY2025
Questions people ask
How much of Illustrative Mathematics's spending goes to programs?
In calendar year 2024, Illustrative Mathematics reported that 83.1% of its $20.6 million in expenses went to program services, 15.8% to management and general and 1.0% to fundraising (Form 990, Part IX).
How much does Illustrative Mathematics pay its top executive?
The largest total compensation Illustrative Mathematics reported for one person in calendar year 2024 was $410,174, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Illustrative Mathematics get its money?
Of $18.8 million in revenue in calendar year 2024, 21.5% came from contributions and grants and 76.2% from program service revenue (Form 990, Part VIII).
Is Illustrative Mathematics a registered charity?
The IRS lists EIN 46-3513958 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 202533109349303758 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202412819349300111 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323049349301952 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203199349311565 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103199349309595 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033219349314628 · read the filing
All filings for EIN 46-3513958: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.