Civic Intelligence

Mathematical Association of America Inc

EIN 16-0743079 • 501(c)3 • Washington, DC

Profile

The mission of the maa is to advance the understanding of mathematics and its impact on our world.

11 Dupont Circle NW 200Washington, DC 20036

www.maa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.31x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

1.45x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

8th percentile

-27%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

62nd percentile

$313,731

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

48th percentile

4.6%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

20th percentile

-7.1%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$37,191,978

Up $1,637,534 (+4.6%) from 2023

Liabilities

Down

$11,587,962

Down $8,743 (-0.1%) from 2023

Net Assets

Up

$25,604,016

Up $1,646,277 (+6.9%) from 2023

Revenue

Down

$7,984,952

Down $613,980 (-7.1%) from 2023

Expenses

Up

$10,178,840

Up $130,533 (+1.3%) from 2023

Net Income

Down

-$2,193,888

Down $744,513 (-51%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2010: $15,793,459Liabilities 2010: $3,044,748Net Assets 2010: $12,748,7112010Assets 2011: $16,125,704Liabilities 2011: $3,215,034Net Assets 2011: $12,910,6702011Assets 2012: $15,653,362Liabilities 2012: $2,632,833Net Assets 2012: $13,020,5292012Assets 2013: $16,364,153Liabilities 2013: $2,752,162Net Assets 2013: $13,611,9912013Assets 2014: $15,983,186Liabilities 2014: $2,596,484Net Assets 2014: $13,386,7022014Assets 2015: $15,392,832Liabilities 2015: $2,850,156Net Assets 2015: $12,542,6762015Assets 2016: $15,605,284Liabilities 2016: $3,267,201Net Assets 2016: $12,338,0832016Assets 2017: $18,406,326Liabilities 2017: $4,158,163Net Assets 2017: $14,248,1632017Assets 2018: $18,023,488Liabilities 2018: $4,128,834Net Assets 2018: $13,894,6542018Assets 2019: $20,143,929Liabilities 2019: $4,320,487Net Assets 2019: $15,823,4422019Assets 2020: $20,249,950Liabilities 2020: $4,311,512Net Assets 2020: $15,938,4382020Assets 2021: $32,437,492Liabilities 2021: $3,866,286Net Assets 2021: $28,571,2062021Assets 2022: $34,060,928Liabilities 2022: $11,775,898Net Assets 2022: $22,285,0302022Assets 2023: $35,554,444Liabilities 2023: $11,596,705Net Assets 2023: $23,957,7392023Assets 2024: $37,191,978Liabilities 2024: $11,587,962Net Assets 2024: $25,604,0162024

Highlighted filing

2024

Assets$37,191,978
Liabilities$11,587,962
Net Assets$25,604,016

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2010: $9,084,3042010Expenses 2011: $9,190,6022011Expenses 2012: $9,361,8922012Revenue 2013: $10,027,069Expenses 2013: $10,577,657Net Income 2013: -$550,5882013Revenue 2014: $11,346,792Expenses 2014: $10,659,395Net Income 2014: $687,3972014Revenue 2015: $10,573,188Expenses 2015: $10,868,425Net Income 2015: -$295,2372015Revenue 2016: $9,909,608Expenses 2016: $10,589,065Net Income 2016: -$679,4572016Revenue 2017: $10,935,861Expenses 2017: $10,346,569Net Income 2017: $589,2922017Revenue 2018: $11,419,832Expenses 2018: $10,019,470Net Income 2018: $1,400,3622018Revenue 2019: $9,871,280Expenses 2019: $9,919,388Net Income 2019: -$48,1082019Revenue 2020: $7,190,452Expenses 2020: $7,945,090Net Income 2020: -$754,6382020Revenue 2021: $20,213,904Expenses 2021: $8,475,208Net Income 2021: $11,738,6962021Revenue 2022: $8,993,258Expenses 2022: $9,861,216Net Income 2022: -$867,9582022Revenue 2023: $8,598,932Expenses 2023: $10,048,307Net Income 2023: -$1,449,3752023Revenue 2024: $7,984,952Expenses 2024: $10,178,840Net Income 2024: -$2,193,8882024

Highlighted filing

2024

Revenue$7,984,952
Expenses$10,178,840
Net Income-$2,193,888

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.2$11.6$25.6$7.98$10.2$2.19
2023Detailed filing. Detailed filing data is available for this year.$35.6$11.6$24.0$8.60$10.0$1.45
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.1$11.8$22.3$8.99$9.86$0.87
2021Detailed filing. Detailed filing data is available for this year.$32.4$3.87$28.6$20.2$8.48$11.7
2020Detailed filing. Detailed filing data is available for this year.$20.2$4.31$15.9$7.19$7.95$0.75
2019Detailed filing. Detailed filing data is available for this year.$20.1$4.32$15.8$9.87$9.92$0.05
2018Detailed filing. Detailed filing data is available for this year.$18.0$4.13$13.9$11.4$10.0$1.40
2017Detailed filing. Detailed filing data is available for this year.$18.4$4.16$14.2$10.9$10.3$0.59
2016Detailed filing. Detailed filing data is available for this year.$15.6$3.27$12.3$9.91$10.6$0.68
2015Detailed filing. Detailed filing data is available for this year.$15.4$2.85$12.5$10.6$10.9$0.30
2014Detailed filing. Detailed filing data is available for this year.$16.0$2.60$13.4$11.3$10.7$0.69
2013Detailed filing. Detailed filing data is available for this year.$16.4$2.75$13.6$10.0$10.6$0.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.7$2.63$13.0$9.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.1$3.22$12.9$9.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.8$3.04$12.7$9.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$10,412,588
Mission and Program Overview

Mission

To advance the mathematical sciences, especially at the collegiate level.

The mission of maa is to advance the understanding of mathematics and its impact on our world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$25,719,573$26,877,399▲ $1,157,826
Savings and Temporary Cash Investments$699,827$1,916,524▲ $1,216,697
Cash and Non-Interest-Bearing Accounts$844,808$675,411▼ $169,397
Land, Buildings, and Equipment, Net$656,548$575,775▼ $80,773
Pledges and Grants Receivable$325,950$518,266▲ $192,316
Accounts Receivable$345,482$402,854▲ $57,372
Prepaid Expenses and Deferred Charges$185,351$192,338▲ $6,987
Total Assets$35,554,444$37,191,978▲ $1,637,534
Other Assets Total$6,776,905$6,033,411▼ $743,494
Liabilities
Other Liabilities$7,787,512$7,368,948▼ $418,564
Deferred Revenue$2,001,788$2,217,938▲ $216,150
Accounts Payable and Accrued Expenses$1,269,253$1,248,758▼ $20,495
Mortgage Notes Payable Secured by Investment Property$505,000$720,000▲ $215,000
Grants Payable$33,152$32,318▼ $834
Total Liabilities$11,596,705$11,587,962▼ $8,743
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,265,544$14,940,255▲ $674,711
Net Assets With Donor Restrictions$9,692,195$10,663,761▲ $971,566
Total Net Assets Fund Balance$23,957,739$25,604,016▲ $1,646,277
Total Liabilities and Net Assets / Fund Balance$35,554,444$37,191,978▲ $1,637,534

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$387,706$229,937$617,643
Leasehold Improvements$186,052$51,002$237,054
Equipment$2,017$12,505$14,522
Other Assets Org$36,832--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$5,569,873$225,000▲ $603,908$236,647$6,162,134
2023$4,257,716$100▲ $1,501,535$189,478$5,569,873
2022$5,790,490$500▼ $1,349,631$183,643$4,257,716
2021$5,072,960$375,250▲ $505,148$162,868$5,790,490
2020$4,701,022$1,700▲ $384,819$14,581$5,072,960
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
J Michael PearsonExecutive DirectorFT$280,309$33,422$313,731
Kimberly Rutland-starksChief Financial OfficerFT$170,491$34,394$204,885
Liane KlugeSenior Dir., Membership MarketingFT$151,588$47,970$199,558
Audrey MalagonSenior Director, ProgramsFT$145,749$42,768$188,517
Carol BaxterDirector, PublicationsFT$132,824$35,044$167,868
Justin CortezManager, Data and AnalyticsFT$125,173$36,265$161,438
Cheryl AdamsDirector of Meetings and Member RelationsFT$124,600$10,571$135,171
Cynthia J WyelsSecretaryPT$81,997-$81,997
Nancy NeudauerAssociate SecretaryPT$25,633-$25,633
Hortensia SotoPresidentPT$21,500-$21,500

Board Members and Trustees

NameTitle
Lisa E MaranoChair, Committee on Sections
Victor PierceyChair, Congress - as of 07/2024
Edray Goins Chair CongressUntil 06/2024, Past Chair, Congress
Jenna CarpenterPresident-elect - as of 07/2024
Richard ClearyVice President - as of 07/2024
Adriana SalernoVice President - Until 06/2024
Russell E GoodmanMember-at-large - Until 06/2024
C Allen ButlerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Educational Vistas INCTechnology ConsultingPO BOX 13314, Albany, NY 12212$472,626
BrightkeyCustomer Service Center60 WEST STREET, Annapolis, MD 21401$244,463
Mooring Audio Visual LLCAudio/visual Services455 NE 5TH AVENUE, Delray Beach, FL 33483$146,275
Carnegie Mellon UniversitySummer Youth Math Camp5000 FORBES AVENUE, Pittsburgh, PA 15213$102,495
Revenue and Support

Revenue Composition

Contributions and Grants
$3,505,232
Program Service Revenue
$4,888,778
Investment Income
$-454,310
Other Revenue
$45,252
All Other Contributions
$2,839,512
Change in Net Assets
$-2,193,888

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,908,307
Revenue Not Reported on Financial Statements
$76,645
Revenue Not Reported on Form 990
$3,833,150
Total Revenue per Audited Statements
$11,741,457
Total Revenue per Form 990
$7,984,952
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,779,425
Salaries, Compensation, and Employee Benefits$3,823,552
Grants and Similar Amounts Paid$575,863
Total Fundraising Expense$513,460
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,099,389$117,785$234,643$2,451,817
Fees for Services Other$1,640,056$107,201$52,746$1,800,003
Information Technology$733,950$331,583$8,312$1,073,845
Current Officers, Directors, Trustees, and Key Employees$191,876$455,870-$647,746
Conferences and Meetings$471,302$64,293$10,594$546,189
Occupancy-$544,690-$544,690
Travel$388,097$65,258$7,436$460,791
Grants to Domestic Orgs$342,806--$342,806
Office Expenses$148,816$26,902$110,217$285,935
Other Employee Benefits$106,397$109,282$58,252$273,931
Pension Plan Contributions$104,445$114,995$6,282$225,722
Payroll Taxes$147,338$58,529$18,469$224,336
Grants to Domestic Individuals$194,722--$194,722
Depreciation Depletion-$126,820-$126,820
Fees for Service Investment Mgmnt Fees-$76,645-$76,645
Fees for Services Accounting-$60,792-$60,792
Insurance$8,568$48,934-$57,502
Advertising$52,547-$76$52,623
Foreign Grants$38,335--$38,335
Fees for Services Management$21,260$2,915$730$24,905
Interest$63$24,134-$24,197
Fees for Services Legal$8,211$12,515$1,646$22,372
Other Expenses$19,027$1,158$77$20,262
Total Functional Expenses$7,291,902$2,373,478$513,460$10,178,840

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$10,178,840
Total Expenses per Audited Statements$10,095,180
Expenses per Audited Statements$10,091,445
Expenses Not Reported on Financial Statements$87,395
Other Expense Adjustments$10,750
Expenses Not Reported on Form 990$3,735
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Andrews UniversityBerrien Springs, MI501(c)(3)Outreach Program Assistance Grant$33,389
Gettysburg CollegeGettysburg, PA501(c)(3)Outreach Program Assistance Grant$32,661
University of South AlabamaMobile, AL501(c)(3)Outreach Program Assistance Grant$32,298
President and Fellows of Harvard CollegeCambridge, MA501(c)(3)Outreach Program Assistance Grant$20,000
Duke UniversityDurham, NC501(c)(3)Outreach Program Assistance Grant$15,000
The Board of Trustees of the Leland Stanford Junior UniversityStanford, CA501(c)(3)Outreach Program Assistance Grant$10,000
Bishop State Community CollegeMobile, AL501(c)(3)Outreach Program Assistance Grant$6,000
Central Conneticut State UniversityNew Britain, CT501(c)(3)Outreach Program Assistance Grant$6,000
Chaminade University of HonoluluHonolulu, HI501(c)(3)Outreach Program Assistance Grant$6,000
Colorado State UniversityFort Collins, CO501(c)(3)Outreach Program Assistance Grant$6,000
Florida Atlantic UniversityBoca Raton, FL501(c)(3)Outreach Program Assistance Grant$6,000
Girl Scouts of Montana and WyomingBillings, MT501(c)(3)Outreach Program Assistance Grant$6,000
Greater Than Math IncShaker Heights, OH501(c)(3)Outreach Program Assistance Grant$6,000
Hope CollegeHolland, MI501(c)(3)Outreach Program Assistance Grant$6,000
Kansas State UniversityManhattan, KS501(c)(3)Outreach Program Assistance Grant$6,000
Pace UniversityNew York, NY501(c)(3)Outreach Program Assistance Grant$6,000
Rockhurst UniversityKansas City, MT501(c)(3)Outreach Program Assistance Grant$6,000
Sedgwick Public Schools Usd 439Sedgwick, KS501(c)(3)Outreach Program Assistance Grant$6,000
St Lawrence UniversityCanton, NY501(c)(3)Outreach Program Assistance Grant$6,000
University Enterprises IncSacramento, CA501(c)(3)Outreach Program Assistance Grant$6,000
University of Puerto Rico MayaguezMayaguez, PR501(c)(3)Outreach Program Assistance Grant$6,000
University of Texas San AntonioSan Antonio, TX501(c)(3)Outreach Program Assistance Grant$6,000
University of WisconsinMadison, WI501(c)(3)Outreach Program Assistance Grant$6,000
Wake Forest UniversityWinstonsalem, NC501(c)(3)Outreach Program Assistance Grant$6,000
Worcester Polytechnic InstituteWorcester, MA501(c)(3)Outreach Program Assistance Grant$6,000
Kent State UniversityNorth Canton, OH501(c)(3)Outreach Program Assistance Grant$5,938
The University of Tennessee Foundation IncKnoxville, TN501(c)(3)Outreach Program Assistance Grant$5,873
The President & Trustees of Colby CollegeWaterville, ME501(c)(3)Outreach Program Assistance Grant$5,700
West Virginia University Research CorporationMorgantown, WV501(c)(3)Outreach Program Assistance Grant$5,605
James Madison UniversityHarrisonburg, VA501(c)(3)Outreach Program Assistance Grant$5,500
Regents University of MichiganAnn Arbor, MI501(c)(3)Outreach Program Assistance Grant$5,325

International Summary

Offices
0
Employees
0
Spending
$38,335

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
North AmericaGrantmaking-00$38,335
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$7,146,027
Deferred Compensation Liability$222,921
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Membership in the mathematical association of america is open to all those who have an interest in the field of mathematics.

Form 990, Part VI, Section A, Line 7A

The board members who are elected by vote by the entire membership are the president, president-elect, past president and vice president. Of the 52 members of congress, 29 are representative from each of the 29 regional sections of the maa, which are elected within their sections by the direct vote of the membership. The sections are separate entities, all other board members are elected by the board.

Form 990, Part VI, Section A, Line 7B

The only decisions of the board that are subsequently voted on by the members (those present at the business meeting held at the end of both semi-annual meetings of the maa) are those relating to bylaws changes. Those are put before the members present at the business meetings for approval.

Form 990, Part VI, Section B, Line 11B

The draft 990 is made available to all governing body members for review before filing. A copy of the final report is available upon request on the maa website.

Form 990, Part VI, Section B, Line 12C

All financial transactions with officers, directors and key employees are examined to ensure that payments to them are either in response to submitted expense reports or are in agreement with negotiated contracts for services.

Form 990, Part VI, Section B, Line 15A

The salaries of the executive director and chief financial officer are determined by an oversight committee which is made up of the president, treasurer and president-elect or the past-president. Comparability data was used for the salary of the executive director but not for the chief financial officer. Contemporaneous substantiation of the deliberation was made. The compensation for the non-staff officers (secretary and president), is overseen by the compensation committee which did not contemporaneously substantiate their discussion and which did not use comparability data.

Form 990, Part VI, Section C, Line 19

The forms 990 and 990-t and the audited financial statements are available upon request. The conflict of interest policy is posted on the maa website in a publicly accessible location.

FORM 990, PART VII, SECTION A, LINE 5:

Compensated board members listed on part vii were compensated by their applicable universities. The amounts listed in column (d) were payments to the universities for a buyout of those board members' time spent for the mathematical association of america.

Filing and Contact Details

Filer

Filer Name
Mathematical Association of America Inc
EIN
16-0743079
Phone
2023875200
Address
11 DUPONT CIRCLE NW 200, WASHINGTON, DC 20036

Signing Officer

Name
J Michael Pearson
Title
Executive Director
Phone
2023875200
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Michael Pearson
Formed
1920
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
39
Volunteers
200

Preparer

Firm
Cbiz Advisors LLC
Address
1899 L STREET NW 850, WASHINGTON, DC 20036
Preparer
Aaron M Fox
Phone
2022274000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional fees: program service expenses 1,640,056. Management and general expenses 107,201. Fundraising expenses 52,746. Total expenses 1,800,003.

FORM 990, PART XI, LINE 9:

Refund of prior year grants 10,750.

Financial Statement Notes

PART V, LINE 4:

Temporarily restricted net assets are available for specified programs, net assets were released from restrictions by incurring expenses satisfying the restricted purpose. The association does not appropriate for expenditure any portion of the permanently restricted net assets. Appropriations are only made from accumulations on permanently restricted assets that are classified as temporarily restricted.

PART X, LINE 2:

The association performed an evaluation of uncertain tax positions for the years ended december 31, 2024 and 2023, and determined that there are no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 3,735.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 3,735.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Refund of prior year grants 10,750.

Raw XML AppendixShowing 400 of 1,371 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2MOORING AUDIO VISUAL LLC
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