Civic Intelligence

Pro Mathematica Arte

990 • Fiscal year 2016 • EIN 41-1912690

Sep 01, 2015 to Aug 31, 2016 • Filed on Dec 16, 2016

Organization ProfileWWW.BUDAPESTSEMESTERS.COM

View Organization Page

12152 Cabot AveDundas, MN 55019

(507) 645-6440

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

67th percentile

0.27x

Higher debt load relative to assets than 67% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

75th percentile

0.44x

Higher debt load relative to revenue than 75% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

77th percentile

16%

Higher net margin than 77% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

78th percentile

14%

Faster asset growth than 78% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

78th percentile

22%

Faster revenue growth than 78% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$3,183,867

Up $402,795 (+14%) from 2015

Net Assets

Up

$2,326,371

Up $349,006 (+18%) from 2015

Liabilities

Up

$857,496

Up $53,789 (+6.7%) from 2015

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin77th percentile

Revenue

Up

$1,967,568

Up $352,790 (+22%) from 2015

Expenses

Up

$1,644,257

Up $240,671 (+17%) from 2015

Net Income

Up

$323,311

Up $112,119 (+53%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $1,251,327Liabilities 2010: $532,624Net Assets 2010: $718,7032010Assets 2011: $1,539,665Liabilities 2011: $558,841Net Assets 2011: $980,8242011Assets 2012: $1,690,453Liabilities 2012: $578,877Net Assets 2012: $1,111,5762012Assets 2013: $2,121,812Liabilities 2013: $667,225Net Assets 2013: $1,454,5872013Assets 2014: $2,560,774Liabilities 2014: $648,172Net Assets 2014: $1,912,6022014Assets 2015: $2,781,072Liabilities 2015: $803,707Net Assets 2015: $1,977,3652015Assets 2016: $3,183,867Liabilities 2016: $857,496Net Assets 2016: $2,326,3712016Assets 2017: $3,511,971Liabilities 2017: $716,571Net Assets 2017: $2,795,4002017Assets 2018: $4,134,938Liabilities 2018: $861,931Net Assets 2018: $3,273,0072018Assets 2019: $4,286,587Liabilities 2019: $741,710Net Assets 2019: $3,544,8772019Assets 2020: $4,153,451Liabilities 2020: $27,098Net Assets 2020: $4,126,3532020Assets 2021: $4,912,016Liabilities 2021: $571,200Net Assets 2021: $4,340,8162021Assets 2022: $4,415,084Liabilities 2022: $498,547Net Assets 2022: $3,916,5372022Assets 2023: $4,764,716Liabilities 2023: $723,405Net Assets 2023: $4,041,3112023Assets 2024: $5,465,858Liabilities 2024: $862,974Net Assets 2024: $4,602,8842024Assets 2025: $5,908,021Liabilities 2025: $811,767Net Assets 2025: $5,096,2542025

Highlighted filing

2016

Assets$3,183,867
Liabilities$857,496
Net Assets$2,326,371
Open 2016 Filing

Operations Trend

Revenue Growth78th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $819,6912010Revenue 2011: $911,404Expenses 2011: $812,361Net Income 2011: $99,0432011Revenue 2012: $1,011,508Expenses 2012: $950,049Net Income 2012: $61,4592012Expenses 2013: $1,059,5502013Revenue 2014: $1,548,813Expenses 2014: $1,203,117Net Income 2014: $345,6962014Revenue 2015: $1,614,778Expenses 2015: $1,403,586Net Income 2015: $211,1922015Revenue 2016: $1,967,568Expenses 2016: $1,644,257Net Income 2016: $323,3112016Revenue 2017: $2,134,463Expenses 2017: $1,748,549Net Income 2017: $385,9142017Revenue 2018: $2,028,646Expenses 2018: $1,786,790Net Income 2018: $241,8562018Revenue 2019: $2,289,883Expenses 2019: $1,943,214Net Income 2019: $346,6692019Revenue 2020: $1,916,544Expenses 2020: $1,781,133Net Income 2020: $135,4112020Revenue 2021: $389,234Expenses 2021: $827,193Net Income 2021: -$437,9592021Revenue 2022: $1,556,937Expenses 2022: $1,288,326Net Income 2022: $268,6112022Revenue 2023: $1,461,643Expenses 2023: $1,513,071Net Income 2023: -$51,4282023Revenue 2024: $2,014,759Expenses 2024: $2,106,996Net Income 2024: -$92,2372024Revenue 2025: $1,995,618Expenses 2025: $1,953,341Net Income 2025: $42,2772025

Highlighted filing

2016

Revenue$1,967,568
Expenses$1,644,257
Net Income$323,311
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Dec 16, 2016
Return Version
2015v3.0
Gross Receipts
$2,078,911
Mission and Program Overview

Mission

Pro mathematica arte runs the budapest semesters in mathematics program (bsm). The specific purpose of bsm is to promote the study of mathematical sciences, including computer science, through the beneficial effect of the international and educational exchange and cooperation on such study. To serve this mission bsm closely cooperates with the hungarian mathematical community relying on and supporting the deep rooted traditions of excellence in mathematics education and research in hungary.

Pro mathematica arte runs the budapest semesters in mathematics program (bsm)and the budapest semesters in mathematics education program (bsme). The specific purpose of bsm and bsme is to promote the study of mathematical sciences (including computer science) and mathematics education through the beneficial effect of the international and educational exchange and cooperation on such study. To serve this mission bsm and bsme closely cooperate with the hungarian mathematics and mathematics education communities relying on and supporting the deep rooted traditions of excellence in mathematics education and research in hungary.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,834,026$1,970,304▲ $136,278
Savings and Temporary Cash Investments$170,303$859,928▲ $689,625
Cash and Non-Interest-Bearing Accounts$773,517$326,915▼ $446,602
Land, Buildings, and Equipment, Net$2,656$26,184▲ $23,528
Prepaid Expenses and Deferred Charges$570$536▼ $34
Total Assets$2,781,072$3,183,867▲ $402,795
Liabilities
Deferred Revenue$793,862$846,761▲ $52,899
Accounts Payable and Accrued Expenses$9,845$10,735▲ $890
Total Liabilities$803,707$857,496▲ $53,789
Net Assets / Fund Balance
Unrestricted Net Assets$1,977,365$2,326,371▲ $349,006
Total Net Assets Fund Balance$1,977,365$2,326,371▲ $349,006
Total Liabilities and Net Assets / Fund Balance$2,781,072$3,183,867▲ $402,795

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$25,716$25,459$51,175
Equipment$468$900$1,368
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleBaseTotal
Paul HumkeTreasurer$7,500$7,500

Board Members and Trustees

NameTitle
Laszlo BabaiChair
Tara HolmPresident
Kiran KedlayaVice Chair
Dezso MiklosDirector
Gyorgy PetruskaDirector
Tamas KeletiDirector
Deanna HaunspergerAssociate Tr
Bela BajnokSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,844,563
Investment Income
$123,005
Other Revenue
$0
Change in Net Assets
$323,311
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,588,677
Salaries, Compensation, and Employee Benefits$55,580
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$78,800$101,888-$180,688
Travel$44,414$21,048-$65,462
Other Salaries and Wages-$44,130-$44,130
Office Expenses$6,913$26,587-$33,500
Conferences and Meetings$13,078$1,958-$15,036
Fees for Services Accounting-$12,400-$12,400
Fees for Service Investment Mgmnt Fees-$10,882-$10,882
Comp Disqual Persons-$7,500-$7,500
Advertising-$5,007-$5,007
Payroll Taxes-$3,950-$3,950
Insurance-$3,209-$3,209
Depreciation Depletion$2,343$204-$2,547
Information Technology-$558-$558
Other Expenses$3,611$356-$356
All Other Expenses$137$63-$200
Total Functional Expenses$1,401,696$242,561$0$1,644,257
International Activity

International Summary

Employees
1
Spending
$1,252,400

International Compliance

Foreign grant records maintained
No
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
EuropeProgram ServicesMath Education-1$1,252,400
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Treasurer reviews the form 990.”

Form 990, Page 6, Part VI, Line 15B

“The board specifically sets all compensation; individuals to be compensated recuse their vote.”

Form 990, Page 6, Part VI, Line 19

“Upon request, by e-mail or by written request to the treasurer or president.”

Filing and Contact Details

Filer

Filer Name
Pro Mathematica Arte
EIN
41-1912690
Phone
5076456440
Address
12152 CABOT AVE, DUNDAS, MN 55019

Signing Officer

Name
Paul Humke
Title
Treasurer
Phone
5076456440
Signed
2016-12-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tara Holm
Formed
1998
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
20

Preparer

Firm
Goodney & Associates Pa
Address
319 DIVISION ST PO BOX 347, NORTHFIELD, MN 55057-0347
Preparer
Leota Goodney
Phone
5076630861
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Pro mathematica arte runs the budapest semesters in mathematics program (bsm)and the budapest semesters in mathematics education program (bsme). The specific purpose of bsm and bsme is to promote the study of mathematical sciences (including computer science) and mathematics education through the beneficial effect of the international and educational exchange and cooperation on such study. To serve this mission bsm and bsme closely cooperate with the hungarian mathematics and mathematics education communities relying on and supporting the deep rooted traditions of excellence in mathematics education and research in hungary.”

Form 990, Part IX, Line 11G

“Professional fees 0 101,888 0 transcript fees 78,800 0 0”

Form 990, Part XI, Line 9

“Unrealized gains on investments 25,695 total 25,695”

Raw XML AppendixShowing 400 of 417 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/MissionDesc0PRO MATHEMATICA ARTE RUNS THE BUDAPEST SEMESTERS IN MATHEMATICS PROGRAM (BSM)AND THE BUDAPEST SEMESTERS IN MATHEMATICS EDUCATION PROGRAM (BSME). THE SPECIFIC PURPOSE OF BSM AND BSME IS TO PROMOTE THE STUDY OF MATHEMATICAL SCIENCES (INCLUDING COMPUTER SCIENCE) AND MATHEMATICS EDUCATION THROUGH THE BENEFICIAL EFFECT OF THE INTERNATIONAL AND EDUCATIONAL EXCHANGE AND COOPERATION ON SUCH STUDY. TO SERVE THIS MISSION BSM AND BSME CLOSELY COOPERATE WITH THE HUNGARIAN MATHEMATICS AND MATHEMATICS EDUCATION COMMUNITIES RELYING ON AND SUPPORTING THE DEEP ROOTED TRADITIONS OF EXCELLENCE IN MATHEMATICS EDUCATION AND RESEARCH IN HUNGARY.
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt084599
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt026587
IRS990/OfficeExpensesGrp/ProgramServicesAmt06913
IRS990/OfficeExpensesGrp/TotalAmt033500
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt025695
IRS990/OtherExpensesGrp/Desc0FEES TO BUDAPEST
IRS990/OtherExpensesGrp/Desc1MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc2OTHER ADMINISTRATIVE EXP.
IRS990/OtherExpensesGrp/Desc3GIFTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0179
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12642
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2356
IRS990/OtherExpensesGrp/ProgramServicesAmt01252400
IRS990/OtherExpensesGrp/ProgramServicesAmt13611
IRS990/OtherExpensesGrp/TotalAmt01252400
IRS990/OtherExpensesGrp/TotalAmt13790
IRS990/OtherExpensesGrp/TotalAmt22642
IRS990/OtherExpensesGrp/TotalAmt3356
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt044130
IRS990/OtherSalariesAndWagesGrp/TotalAmt044130
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03950
IRS990/PayrollTaxesGrp/TotalAmt03950
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0570
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0536
IRS990/PrincipalOfficerNm0TARA HOLM
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0COURSES IN BUDAPEST
IRS990/ProgramServiceRevenueGrp/Desc1OTHER FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01843553
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11010
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01843553
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11010
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0101637
IRS990/PYOtherExpensesAmt01349223
IRS990/PYProgramServiceRevenueAmt01513141
IRS990/PYRevenuesLessExpensesAmt0211192
IRS990/PYSalariesCompEmpBnftPaidAmt054363
IRS990/PYTotalExpensesAmt01403586
IRS990/PYTotalRevenueAmt01614778
IRS990/ReconcilationRevenueExpnssAmt0323311
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01844563
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0170303
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0859928
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt038406
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt037497
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt024313
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt022600
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt020834
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0143650
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01844563
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01513141
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01446107
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01282545
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0994473
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt07080829
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt038406
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt037497
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt024313
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt022600
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt020834
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0143650
IRS990ScheduleA/InvestmentIncomeCYPct00.02000
IRS990ScheduleA/InvestmentIncomePYPct00.02000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98010
IRS990ScheduleA/PublicSupportPY509Pct00.98060
IRS990ScheduleA/PublicSupportTotal509Amt07080829
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01844563
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01513141
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01446107
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01282545
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0994473
IRS990ScheduleA/Total509Grp/TotalAmt07080829
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01882969
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01550638
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01470420
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01305145
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01015307
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07224479
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0468
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0900
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01368
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt025716
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt025459
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt051175
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026184
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt01252400
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EUROPE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0MATH EDUCATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt01
IRS990ScheduleF/SubtotalSpentAmt01252400
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0EUROPE 1,252,400 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/TotalEmployeeCnt01
IRS990ScheduleF/TotalSpentAmt01252400
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRO MATHEMATICA ARTE RUNS THE BUDAPEST SEMESTERS IN MATHEMATICS PROGRAM (BSM)AND THE BUDAPEST SEMESTERS IN MATHEMATICS EDUCATION PROGRAM (BSME). THE SPECIFIC PURPOSE OF BSM AND BSME IS TO PROMOTE THE STUDY OF MATHEMATICAL SCIENCES (INCLUDING COMPUTER SCIENCE) AND MATHEMATICS EDUCATION THROUGH THE BENEFICIAL EFFECT OF THE INTERNATIONAL AND EDUCATIONAL EXCHANGE AND COOPERATION ON SUCH STUDY. TO SERVE THIS MISSION BSM AND BSME CLOSELY COOPERATE WITH THE HUNGARIAN MATHEMATICS AND MATHEMATICS EDUCATION COMMUNITIES RELYING ON AND SUPPORTING THE DEEP ROOTED TRADITIONS OF EXCELLENCE IN MATHEMATICS EDUCATION AND RESEARCH IN HUNGARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TREASURER REVIEWS THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD SPECIFICALLY SETS ALL COMPENSATION; INDIVIDUALS TO BE COMPENSATED RECUSE THEIR VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST, BY E-MAIL OR BY WRITTEN REQUEST TO THE TREASURER OR PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROFESSIONAL FEES 0 101,888 0 TRANSCRIPT FEES 78,800 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UNREALIZED GAINS ON INVESTMENTS 25,695 TOTAL 25,695
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02781072
IRS990/TotalAssetsEOYAmt03183867
IRS990/TotalAssetsGrp/BOYAmt02781072
IRS990/TotalAssetsGrp/EOYAmt03183867
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0242561
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01401696
IRS990/TotalFunctionalExpensesGrp/TotalAmt01644257
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0803707
IRS990/TotalLiabilitiesEOYAmt0857496
IRS990/TotalLiabilitiesGrp/BOYAmt0803707
IRS990/TotalLiabilitiesGrp/EOYAmt0857496
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01977365
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02326371
IRS990/TotalProgramServiceExpensesAmt01401696
IRS990/TotalProgramServiceRevenueAmt01844563
IRS990/TotalReportableCompFromOrgAmt07500
IRS990/TotalRevenueGrp/ExclusionAmt0123005
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01844563
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01967568
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02781072
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03183867
IRS990/TravelGrp/ManagementAndGeneralAmt021048
IRS990/TravelGrp/ProgramServicesAmt044414
IRS990/TravelGrp/TotalAmt065462
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01977365
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02326371
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.BUDAPESTSEMESTERS.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL HUMKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05076456440
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-12-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PRO MATHEMATICA ARTE
ReturnHeader/Filer/BusinessNameControlTxt0PROM
ReturnHeader/Filer/EIN0411912690
ReturnHeader/Filer/PhoneNum05076456440
ReturnHeader/Filer/USAddress/AddressLine1Txt012152 CABOT AVE

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,183,867
Liabilities
$857,496
Net assets
$2,326,371
Revenue
$1,967,568
Expenses
$1,644,257
Net income
$323,311
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.91$0.81$5.10$2.00$1.95$0.04
2024Detailed filing. Detailed filing data is available for this year.$5.47$0.86$4.60$2.01$2.11$0.09
2023Detailed filing. Detailed filing data is available for this year.$4.76$0.72$4.04$1.46$1.51$0.05
2022Detailed filing. Detailed filing data is available for this year.$4.42$0.50$3.92$1.56$1.29$0.27
2021Detailed filing. Detailed filing data is available for this year.$4.91$0.57$4.34$0.39$0.83$0.44
2020Detailed filing. Detailed filing data is available for this year.$4.15$0.03$4.13$1.92$1.78$0.14
2019Detailed filing. Detailed filing data is available for this year.$4.29$0.74$3.54$2.29$1.94$0.35
2018Detailed filing. Detailed filing data is available for this year.$4.13$0.86$3.27$2.03$1.79$0.24
2017Detailed filing. Detailed filing data is available for this year.$3.51$0.72$2.80$2.13$1.75$0.39
2016Detailed filing. Detailed filing data is available for this year.$3.18$0.86$2.33$1.97$1.64$0.32
2015Detailed filing. Detailed filing data is available for this year.$2.78$0.80$1.98$1.61$1.40$0.21
2014Detailed filing. Detailed filing data is available for this year.$2.56$0.65$1.91$1.55$1.20$0.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$0.67$1.45$1.06
2012Summary only. Only limited summary data is available for this year.$1.69$0.58$1.11$1.01$0.95$0.06
2011Summary only. Only limited summary data is available for this year.$1.54$0.56$0.98$0.91$0.81$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.53$0.72$0.82