Nonprofit · EIN 41-1912690
PRO MATHEMATICA ARTE
Tax-exempt · NORTHFIELD, MN 55057
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $1,995,618 | $1,953,341 | $42,277 | $5,908,021 | $811,767 | $5,096,254 |
| August 31, 2024 | 990 | $2,014,759 | $2,106,996 | -$92,237 | $5,465,858 | $862,974 | $4,602,884 |
| August 31, 2023 | 990 | $1,461,643 | $1,513,071 | -$51,428 | $4,764,716 | $723,405 | $4,041,311 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,792,496
- Investment income
- $203,122
- Net gain from sales of assets
- $126,341
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $157,000
- Other salaries and wages
- $137,108
- Salaries, compensation and benefits (total)
- $147,617
- Professional fundraising fees
- $0
- Legal fees
- $436
- Accounting fees
- $19,200
- Travel
- $48,250
- Depreciation
- $1,528
- Program services (functional)
- $1,580,496
- Management and general (functional)
- $372,845
Balance sheet and other
- Total assets, start of year
- $5,465,858
- Total assets, end of year
- $5,908,021
- Total liabilities, end of year
- $811,767
- Net assets, end of year
- $5,096,254
- Land, buildings and equipment
- $2,956
- Publicly traded securities
- $4,866,776
- Net assets without donor restrictions
- $5,096,254
- Gross receipts
- $2,071,683
- Employees
- 6
- Year formed
- 1998
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEANNA HAUNSPERGER | TREASURER Trustee or director, Officer | 4 | $16,500 |
| BELA BAJNOK | SECRETARY Trustee or director, Officer | 4 | $13,200 |
| KIRAN KEDLAYA | CHAIR Trustee or director, Officer | 2 | $5,600 |
| TARA HOLM | PRESIDENT Trustee or director, Officer | 6 | $0 |
| LASZLO BABAI | DIRECTOR Trustee or director | 1 | $0 |
| DEZSO MIKLOS | DIRECTOR Trustee or director | 2 | $0 |
| MIKLOS ABERT | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW BEVERIDGE | DIRECTOR Trustee or director | 1 | $0 |
| ELIZABETH MILICEVIC | DIRECTOR Trustee or director | 1 | $0 |
| ANDRAS STIPSICZ | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended August 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TARA HOLM | PRESIDENT Trustee or director, Officer | 6 | $25,300 |
| DEANNA HAUNSPERGER | TREASURER Trustee or director, Officer | 4 | $16,500 |
| BELA BAJNOK | SECRETARY Trustee or director, Officer | 4 | $13,200 |
| KIRAN KEDLAYA | CHAIR Trustee or director, Officer | 2 | $5,600 |
| LASZLO BABAI | DIRECTOR Trustee or director | 1 | $0 |
| DEZSO MIKLOS | DIRECTOR Trustee or director | 2 | $0 |
| MIKLOS ABERT | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW BEVERIDGE | DIRECTOR Trustee or director | 1 | $0 |
| ELIZABETH MILICEVIC | DIRECTOR Trustee or director | 1 | $0 |
| ANDRAS STIPSICZ | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended August 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TARA HOLM | PRESIDENT Trustee or director, Officer | 5.75 | $20,464 |
| DEANNA HAUNSPERGER | TREASURER Trustee or director, Officer | 4 | $13,890 |
| BELA BAJNOK | SECRETARY Trustee or director, Officer | 3.5 | $11,751 |
| KIRAN KEDLAYA | CHAIR Trustee or director, Officer | 2.3 | $3,333 |
| LASZLO BABAI | DIRECTOR Trustee or director | 1 | $0 |
| DEZSO MIKLOS | DIRECTOR Trustee or director | 2 | $0 |
| TAMAS KELETI | VICE CHAIR Trustee or director, Officer | 0.75 | $0 |
| PETER SIMON | DIRECTOR Trustee or director | 0.75 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 347, NORTHFIELD, MN 55057-0347
- In care of
- % LEOTA GOODNEY
- Principal officer (990 for 2024)
- TARA HOLM
- Signed the 990
- DEANNA HAUNSPERGER, TREASURER
- Phone
- (507) 645-6440
- Website
- WWW.BUDAPESTSEMESTERS.COM
- Return prepared by
- GOODNEY & ETTER PA
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.
Program accomplishments
- IN THE FISCAL YEAR ENDING AUGUST 31, 2025, THE BSM PROGRAM HELD THREE SEMESTERS OF STUDY IN MATHEMATICS IN BUDAPEST, HUNGARY. WE SERVED 55 STUDENTS IN FALL 2024, 61 STUDENTS IN SPRING OF 2025, AND 45 STUDENTS IN THE SUMMER OF 2025. IN ADDITION, THE BSME PROGRAM OFFERED ONE TERM OF STUDY IN MATHEMATICS EDUCATION IN BUDAPEST, HUNGARY, WITH 12 STUDENTS ATTENDING.Expenses $1,580,496 · grants $157,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 41-1912690
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q22)
- Assets (IRS master file)
- $5,908,021
- Income (IRS master file)
- $2,071,683
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $1,995,618 | $1,953,341 | $5,908,021 | XML |
| 990 | August 2024 | $2,014,759 | $2,106,996 | $5,465,858 | XML |
| 990 | August 2023 | $1,461,643 | $1,513,071 | $4,764,716 | XML |
| 990 | August 2022 | $1,556,937 | $1,288,326 | $4,415,084 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1912690).
Questions about PRO MATHEMATICA ARTE
- What is the EIN of PRO MATHEMATICA ARTE?
- The employer identification number (EIN) of PRO MATHEMATICA ARTE is 41-1912690.
- Is PRO MATHEMATICA ARTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to PRO MATHEMATICA ARTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRO MATHEMATICA ARTE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PRO MATHEMATICA ARTE due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRO MATHEMATICA ARTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of PRO MATHEMATICA ARTE?
- The 990 for the year ended August 31, 2025 names TARA HOLM.
- Who are the officers and directors of PRO MATHEMATICA ARTE?
- The 990 for the year ended August 31, 2025 lists 10 people; 3 received compensation from the organization, the highest $16,500 (DEANNA HAUNSPERGER, TREASURER).
- How much revenue does PRO MATHEMATICA ARTE have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $1,995,618, expenses of $1,953,341 and total assets of $5,908,021 at year end.
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