Civic Intelligence

Pro Mathematica Arte

990 • Fiscal year 2021 • EIN 41-1912690

Sep 01, 2020 to Aug 31, 2021 • Filed on Jun 17, 2022

Organization ProfileWWW.BUDAPESTSEMESTERS.COM

View Organization Page

C/O Goodney Associates PO Box 347Northfield, MN 55057

(507) 645-6440

Siviq Scores

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

Liabilities / Assets

58th percentile

0.12x

Higher debt load relative to assets than 58% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

90th percentile

1.47x

Higher debt load relative to revenue than 90% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

2nd percentile

-113%

Higher net margin than 2% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

41st percentile

$16,884

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 4.3% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

65th percentile

18%

Faster asset growth than 65% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-80%

Faster revenue growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$4,912,016

Up $758,565 (+18%) from 2020

Net Assets

Up

$4,340,816

Up $214,463 (+5.2%) from 2020

Liabilities

Up

$571,200

Up $544,102 (+2008%) from 2020

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin2nd percentile

Revenue

Down

$389,234

Down $1,527,310 (-80%) from 2020

Expenses

Down

$827,193

Down $953,940 (-54%) from 2020

Net Income

Down

-$437,959

Down $573,370 (-423%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth65th 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

2021

Assets$4,912,016
Liabilities$571,200
Net Assets$4,340,816
Open 2021 Filing

Operations Trend

Revenue Growth2nd 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

2021

Revenue$389,234
Expenses$827,193
Net Income-$437,959
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jun 17, 2022
Return Version
2020v4.0
Gross Receipts
$389,234
Mission and Program Overview

Mission

The mission of pro mathematica arte (pma) is to promote the study of mathematical sciences through the beneficial effect of international scientific and educational exchange and cooperation on such study. To serve this mission pma will closely cooperate 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$3,747,683$4,095,107▲ $347,424
Savings and Temporary Cash Investments$47,851$549,972▲ $502,121
Cash and Non-Interest-Bearing Accounts$348,759$211,513▼ $137,246
Accounts Receivable$2,750$53,203▲ $50,453
Land, Buildings, and Equipment, Net$6,408$2,221▼ $4,187
Total Assets$4,153,451$4,912,016▲ $758,565
Liabilities
Deferred Revenue$9,550$546,401▲ $536,851
Accounts Payable and Accrued Expenses$17,548$24,799▲ $7,251
Total Liabilities$27,098$571,200▲ $544,102
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,126,353$4,340,816▲ $214,463
Total Net Assets Fund Balance$4,126,353$4,340,816▲ $214,463
Total Liabilities and Net Assets / Fund Balance$4,153,451$4,912,016▲ $758,565

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$26,075$26,075
Equipment$2,221$8,225$10,446
Compensation and Service Providers
Top Officer Pay41st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Tara HolmPresidentPT$16,884$16,884
Deanna HaunspergerTreasurerPT$11,330$11,330
Bela BajnokSecretary-$10,927$10,927

Board Members and Trustees

NameTitle
Kiran KedlayaChair
Tamas KeletiVice Chair
Dezso MiklosDirector
Gyorgy PetruskaDirector
Laszlo BabaiDirector
Peter SimonDirector
Paul HumkeAssistant Tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$42,909
Investment Income
$346,325
Other Revenue
$0
Change in Net Assets
$-437,959
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$630,635
Grants and Similar Amounts Paid$140,000
Salaries, Compensation, and Employee Benefits$56,558
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$140,000--$140,000
Fees for Services Management-$101,482-$101,482
Fees for Services Other$13,028$38,071-$51,099
Current Officers, Directors, Trustees, and Key Employees-$39,141-$39,141
Fees for Services Accounting-$18,000-$18,000
Other Salaries and Wages-$15,843-$15,843
Information Technology$6,069$9,360-$15,429
Advertising-$15,011-$15,011
Office Expenses$1,961$7,372-$9,333
Insurance-$7,265-$7,265
Fees for Service Investment Mgmnt Fees-$6,485-$6,485
Depreciation Depletion$4,187--$4,187
Conferences and Meetings-$3,276-$3,276
Payroll Taxes-$1,574-$1,574
All Other Expenses$341$820-$1,161
Fees for Services Legal$1,062--$1,062
Other Expenses$388,022$704-$704
Total Functional Expenses$554,670$272,523$0$827,193
International Activity

International Summary

Employees
1
Spending
$388,022

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$388,022
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
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
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
C/O GOODNEY ASSOCIATES PO BOX 347, NORTHFIELD, MN 55057

Signing Officer

Name
Tara Holm
Title
President
Phone
5076456440
Signed
2022-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tara Holm
Formed
1998
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
10
Employees
7

Preparer

Firm
Goodney & Associates Pa
Address
319 DIVISION ST PO BOX 347, NORTHFIELD, MN 55057-0347
Preparer
Ann Etter
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 XI, Line 9

“Unrealized gains on investments 652,422 net unrealized loss 0 total 652,422”

Raw XML AppendixShowing 400 of 444 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/NetAssetsOrFundBalancesEOYAmt04340816
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IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0247464
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0285725
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07372
IRS990/OfficeExpensesGrp/ProgramServicesAmt01961
IRS990/OfficeExpensesGrp/TotalAmt09333
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc0FEES TO COLLEGE INTERNTL
IRS990/OtherExpensesGrp/Desc1OTHER ADMINISTRATIVE EXP.
IRS990/OtherExpensesGrp/Desc2PAYPAL/CARD FEES
IRS990/OtherExpensesGrp/Desc3HUNGARIAN OFFICE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt06946
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11173
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2704
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IRS990/OtherExpensesGrp/TotalAmt16946
IRS990/OtherExpensesGrp/TotalAmt21173
IRS990/OtherExpensesGrp/TotalAmt3704
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IRS990/OtherSalariesAndWagesGrp/TotalAmt015843
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01574
IRS990/PayrollTaxesGrp/TotalAmt01574
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0TARA HOLM
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0COURSES IN BUDAPEST
IRS990/ProgramServiceRevenueGrp/Desc1TRANSCRIPT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt042899
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt042899
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110
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IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0100000
IRS990/PYInvestmentIncomeAmt0106522
IRS990/PYOtherExpensesAmt01565370
IRS990/PYProgramServiceRevenueAmt01810022
IRS990/PYRevenuesLessExpensesAmt0135411
IRS990/PYSalariesCompEmpBnftPaidAmt0115763
IRS990/PYTotalExpensesAmt01781133
IRS990/PYTotalRevenueAmt01916544
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-437959
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt042909
IRS990/SavingsAndTempCashInvstGrp/BOYAmt047851
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0549972
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt060600
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt059142
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt057835
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt054114
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt037885
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0269576
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt042909
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01810022
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02150758
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01888030
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01979478
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt07871197
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt060600
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt059142
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt057835
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt054114
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt037885
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0269576
IRS990ScheduleA/InvestmentIncomeCYPct00.03000
IRS990ScheduleA/InvestmentIncomePYPct00.02000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96690
IRS990ScheduleA/PublicSupportPY509Pct00.97510
IRS990ScheduleA/PublicSupportTotal509Amt07871197
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt042909
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01810022
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02150758
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01888030
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01979478
IRS990ScheduleA/Total509Grp/TotalAmt07871197
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0103509
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01869164
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02208593
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01942144
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02017363
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08140773
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt02221
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08225
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010446
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026075
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt026075
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02221
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0388022
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EUROPE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0MATH EDUCATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0false
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt050000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt150000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt220000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt320000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt3WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0SCHOLARSHIPS
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1SCHOLARSHIPS
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2SCHOLARSHIPS
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt3SCHOLARSHIPS
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt01
IRS990ScheduleF/SubtotalSpentAmt0388022
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0EUROPE 388,022 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/TotalEmployeeCnt01
IRS990ScheduleF/TotalSpentAmt0388022
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/ExplanationTxt4UNREALIZED GAINS ON INVESTMENTS 652,422 NET UNREALIZED LOSS 0 TOTAL 652,422
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 XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04153451
IRS990/TotalAssetsEOYAmt04912016
IRS990/TotalAssetsGrp/BOYAmt04153451
IRS990/TotalAssetsGrp/EOYAmt04912016
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt07
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0272523
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0554670
IRS990/TotalFunctionalExpensesGrp/TotalAmt0827193
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt027098
IRS990/TotalLiabilitiesEOYAmt0571200
IRS990/TotalLiabilitiesGrp/BOYAmt027098
IRS990/TotalLiabilitiesGrp/EOYAmt0571200
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04126353
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04340816
IRS990/TotalProgramServiceExpensesAmt0554670
IRS990/TotalProgramServiceRevenueAmt042909

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,912,016
Liabilities
$571,200
Net assets
$4,340,816
Revenue
$389,234
Expenses
$827,193
Net income
-$437,959
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