Academy of Mathematics & Science South Inc
3002 S Priest Dr, Tempe, AZ · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $69,824,292 | $68,469,545 | $19,031,749 |
| FY2024 | $74,046,503 | $70,611,115 | $17,314,224 |
| FY2023 | $73,843,678 | $68,573,569 | $12,780,656 |
| FY2022 | $62,110,818 | $59,547,064 | $8,356,548 |
| FY2021 | $62,725,140 | $56,058,148 | $6,439,335 |
| FY2020 | $33,572,373 | $32,825,267 | -$227,657 |
| FY2019 | $13,066,797 | $12,922,385 | -$974,763 |
| FY2018 | $4,870,365 | $4,891,709 | -$1,119,175 |
| FY2017 | $3,923,348 | $3,878,066 | $108,868 |
| FY2016 | $2,513,236 | $2,479,611 | $63,586 |
| FY2015 | $1,979,743 | $1,944,596 | $29,961 |
| FY2014 | $1,267,621 | $1,199,936 | -$5,186 |
| FY2013 | $277,489 | $306,787 | -$29,298 |
Form 990 filings
The returns filed by Academy of Mathematics & Science South Inc (EIN 27-3641289), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $10,242,773 | 15% |
| Program service revenue | $57,854,193 | 83% |
| Other revenue | $1,727,326 | 2% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $49,865,724 | 73% |
| Management & general | $18,603,821 | 27% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 83% of total revenue in FY2025.
- Program services accounted for 73% of functional expenses, management & general 27%, and fundraising 0%.
- 73% of functional expenses went to program services in FY2025. That is higher than 31.3% of 907 Arts, Culture & Humanities organizations nationwide (too few in AZ for a state comparison).
- Net assets covered about 3.3 months of expenses at the end of the reporting year. That puts it in the 24th percentile among 444 Arts, Culture & Humanities organizations in AZ.
- Total revenue was the highest among 454 Arts, Culture & Humanities organizations in AZ.
- Total revenue rose from $277,489 in FY2013 to $69,824,292 in FY2025. Revenue increased in 10 and decreased in 2 of 12 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 13 reported years (FY2013, FY2018).
- The highest revenue on record here is $74,046,503 in FY2024.
- Net assets grew from -$29,298 to $19,031,749 between FY2013 and FY2025.
- Contributions and grants made up 100% of revenue in FY2013 and 15% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
WE WILL MOTIVATE AND INSPIRE STUDENTS FOR ACADEMIC, CAREER, AND LIFE SUCCESS THROUGH PROVIDING AN ADVANCED, WELL-ROUNDED, COLLEGE PREPARATORY EDUCATION INTERLACED WITH HABITS OF MIND, CHARACTER BUILDING, AND 21ST CENTURY SKILLS.
IRS status
| Ruling year | 2014 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | A25 — Arts, Culture & Humanities |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Kaizen Educational Foundation — Phoenix, AZ · $50,189,257
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.