Mathematical Sciences Research
- Assets
- $85.4m
- Revenue
- $45.8m
- Investments
- $8.7m
- Employees
- 28
- Location
- Berkeley, CA
- Founding
- 04/1980
- Data as of
- 07/2021
- EIN
- 94-2650833
Organization Overview
Mathematical Sciences Research is located in Berkeley, CA. The organization was established in 1980. According to its NTEE Classification (U34) the organization is classified as: Mathematics, under the broad grouping of Science & Technology and related organizations. As of 07/2021, Mathematical Sciences Research employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mathematical Sciences Research is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2021, Mathematical Sciences Research generated $45.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $8.4m during the year ending 07/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MSRI FOSTERS MATHEMATICAL RESEARCH BY BRINGING TOGETHER THE FOREMOST MATHEMATICAL SCIENTISTS FROM AROUND THE WORLD IN AN ENVIRONMENT THAT PROMOTES CREATIVE AND EFFECTIVE COLLABORATION.
Describe the Organization's Program Activity:
SCIENTIFIC PROGRAMS: MSRI CONDUCTS BROADLY-BASED RESEARCH PROGRAMS IN THE MATHEMATICAL SCIENCES AND CLOSELY RELATED FIELDS. IN ANY GIVEN YEAR, MSRI CONDUCTS BETWEEN TWO AND FOUR THEMATIC RESEARCH PROGRAMS, EACH LASTING EITHER 5 MONTHS OR 10 MONTHS. EACH SUCH PROGRAM HOSTS 60-120 MATHEMATICAL SCIENTISTS FROM ALL OVER THE WORLD WHOSE RESEARCH CENTERS ON THE PROGRAM'S THEME, DURING WHICH TIME, THEY COLLABORATE ON RESEARCH, CONDUCT SEMINARS AND WORKSHOPS, AND TRAIN AND MENTOR POSTDOCTORAL FELLOWS IN THE DISCIPLINE. MSRI ALSO HOSTS, EACH YEAR, SEVERAL STAND-ALONE WORKSHOPS ON SPECIAL TOPICS, EACH ONE LASTING FOR A PERIOD BETWEEN ONE DAY AND TWO WEEKS AND BRINGING TO MSRI BETWEEN 40 AND 150 PARTICIPANTS. DUE TO THE COVID-19 PANDEMIC, THE MAJORITY OF THE SCIENTIFIC ACTIVITIES FOR THE YEAR WERE HELD VIRTUALLY. MSRI ALSO COLLABORATES WITH OTHER MATHEMATICS INSTITUTES IN SCIENTIFIC PROGRAMS AND IN ITS EFFORTS TO ENCOURAGE A DIVERSE POPULATION TO PARTICIPATE IN MATHEMATICS RESEARCH PROGRAMS.
COMPUTING AND COMMUNICATION: MSRI PROVIDES INFORMATION TECHNOLOGY (IT) RESOURCES AND SERVICES TO ITS RESEARCHERS AND THE BROADER MATH COMMUNITY WORLDWIDE. MSRI MAINTAINS AN IT PLATFORM THAT FEATURES THE MOST ADVANCED MATHEMATICAL SOFTWARE AND THAT GRANTS ACCESS TO AND SUPPORTS VIRTUAL COLLABORATIVE RESEARCH AMONGST MATHEMATICIANS AT THE INSTITUTE. MSRI DEVELOPS AND MAINTAINS A VMATH WEBSITE THAT STREAMS VIDEOS OF PAST PROGRAM LECTURES FOR MATHEMATICIANS AND THE GENERAL PUBLIC. IN ADDITION, MSRI PRODUCES AND DISTRIBUTES DIGITAL VERSIONS OF ITS MOST POPULAR SCIENTIFIC AND PUBLIC EVENTS.
MATH AND SOCIETY PROGRAMS: MSRI SPONSORS A LARGE NUMBER OF PROGRAMS AND ACTIVITIES WHOSE GOAL IS TO ENHANCE K-12 MATHEMATICS EDUCATION AND THE PUBLIC UNDERSTANDING OF AND APPRECIATION FOR MATHEMATICS. THESE INCLUDE SUPPORTING MATHEMATICS RELATED EVENTS FOR CHILDREN (THE BAY AREA MATHEMATICS OLYMPIAD); CRITICAL ISSUES IN MATHEMATICS EDUCATION (A FORUM FOR EXCHANGE OF IDEAS BETWEEN MATHEMATICS RESEARCHERS AND EDUCATORS). IN ADDITION, EACH YEAR, A SERIES OF FILMS, AND PUBLIC LECTURES AND OTHER EVENTS ARE HOSTED AT MSRI AND THROUGHOUT THE COUNTRY FOR THE PUBLIC, INCLUDING THE BI-ANNUAL NATIONAL MATH FESTIVAL. DUE TO COVID-19 PANDEMIC, THE 2021 FESTIVAL WAS HELD VIRTUALLY IN SPRING 2021. THAT HELPS THE INTERESTED LAY PERSON TO UNDERSTAND THE IMPORTANCE OF MATHEMATICS AND ITS APPLICATIONS IN OUR SOCIETY AND CULTURE AND TO APPRECIATE THE SIGNIFICANT RECENT ADVANCES IN THE DISCIPLINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Helene Barcelo Deputy Director | OfficerTrustee | 40 | $289,215 |
Annie Averitt Director For Advancement & | Officer | 40 | $207,566 |
Aaron Hale It Manager | 40 | $196,035 | |
David Eisenbud Director | OfficerTrustee | 40 | $181,450 |
Stefanie Yurus Controller | Officer | 40 | $148,765 |
Arthur Bosse Operations Manager | 40 | $138,333 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rendezvous Consulting Group Llc Consulting | 7/30/18 | $273,055 |
Uptime Usa Llc It Consulting | 7/30/18 | $509,070 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,497,803 |
| All other contributions, gifts, grants, and similar amounts not included above | $41,241,017 |
| Noncash contributions included in lines 1a–1f | $11,031 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $44,738,820 |
| Total Program Service Revenue | $333,991 |
| Investment income | $343,444 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $3,471 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $366,691 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $46 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $45,786,463 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,000 |
| Grants and other assistance to domestic individuals. | $1,115,983 |
| Grants and other assistance to Foreign Orgs/Individuals | $506,824 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,004,957 |
| Compensation of current officers, directors, key employees. | $291,292 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,868,294 |
| Pension plan accruals and contributions | $161,018 |
| Other employee benefits | $292,440 |
| Payroll taxes | $186,733 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,719 |
| Fees for services: Accounting | $79,827 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $231,371 |
| Fees for services: Other | $34,842 |
| Advertising and promotion | $0 |
| Office expenses | $108,616 |
| Information technology | $376,881 |
| Royalties | $0 |
| Occupancy | $162,012 |
| Travel | $11,927 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $678,237 |
| Insurance | $168,385 |
| All other expenses | $30,007 |
| Total functional expenses | $8,428,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66 |
| Savings and temporary cash investments | $6,932,308 |
| Pledges and grants receivable | $38,273,486 |
| Accounts receivable, net | $5,169 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $52,922 |
| Net Land, buildings, and equipment | $6,570,438 |
| Investments—publicly traded securities | $24,827,410 |
| Investments—other securities | $8,737,762 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,250 |
| Total assets | $85,421,811 |
| Accounts payable and accrued expenses | $659,968 |
| Grants payable | $0 |
| Deferred revenue | $7,374 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $667,342 |
| Net assets without donor restrictions | $7,885,785 |
| Net assets with donor restrictions | $76,868,684 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $85,421,811 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mathematical Sciences Research has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Shanbrom Fam Foundation Ojai, CA PURPOSE: EDUCATION RESEARCH | $10,000 |
Endowment Analysis
| Beg. Balance | $28,464,802 |
| Earnings | $2,938,032 |
| Net Contributions | $36,269,461 |
| Other Expense | $614,700 |
| Ending Balance | $67,057,595 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mathematical Sciences Research Berkeley, CA | $85,421,811 | $45,786,463 |
American Institute Of Mathematics San Jose, CA | $3,193,735 | $3,512,776 |
Mathematical Sciences Publishers Berkeley, CA | $1,082,212 | $1,776,889 |
Pacific Journal Of Mathematics Berkeley, CA | $937,957 | $321,138 |
Rocky Mountain Mathematics Consortium Inc Tempe, AZ | $234,642 | $267,944 |
California Mathematics Council Kentfield, CA | $1,299,686 | $204,820 |
International Society For Bayesian Analysis Daly City, CA | $710,970 | $149,223 |
Chinese American Abacus Association Fremont, CA | $81,069 | $0 |
Oregon Council Of Teachers Of Mathematics Salem, OR | $716,217 | $28,838 |
Han Tianmin Foundation Gilbert, AZ | $422,557 | $6,230 |