The mission of the Simons Laufer Mathematical Sciences Institute (slmath) is to: foster and communicate Mathematical research in a broad range of fundamental topics and applications, develop Mathematical talent and cultivate excellence, community and engagement, and inspire an appreciation of the power, beauty, and joy of mathematics.

501(c)(3) charity; gifts are tax-deductible.
73¢ of each $1 spent went to programs.
$1.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $11.0M a year · 47% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
73%
of spending
Fine: 73% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.4M
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
10 mo
of spending, in cash
Plus $33.6M in investments, Pt X · Ln 11–13
Looks good: 9.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $50K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$667K
0.8% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
33
of 35 voting members
Looks good: 33 of 35 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$45.8M
+392% vs prior year
Spent
$8.4M
To programs
73%
Net assets
$84.8M
By yearFY2020–FY2025
Revenue
$45.8M
FY2021▲ +392%
Tap a bar for its year
Revenue by fiscal year
FY2020$9.3M
FY2021$45.8M
FY2022$21.4M
FY2023$21.9M
FY2024$22.5M
FY2025$19.1M
Expenses
$8.4M
FY2021▼ -20%
Tap a bar for its year
Expenses by fiscal year
FY2020$10.6M
FY2021$8.4M
FY2022$13.3M
FY2023$14.0M
FY2024$14.2M
FY2025$13.4M
Net assets
$84.8M
FY2021▲ +89%
Tap a bar for its year
Net assets by fiscal year
FY2020$44.9M
FY2021$84.8M
FY2022$89.2M
FY2023$99.8M
FY2024$110.1M
FY2025$120.9M

From the FY2021 Form 990 (year ending July 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1980.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

73 cents of each dollar spent went to programs.

Program services 73% · $6.2M Management & general 18% · $1.5M Fundraising 8% · $695K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

41 people listed on the 990; $1.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Deputy Director
$289,215Pt VII · Sec A
Director for Advancement &
$207,566Pt VII · Sec A
IT Manager
$196,035Pt VII · Sec A
$181,450Pt VII · Sec A
Controller
$148,765Pt VII · Sec A
Operations Manager
$138,333Pt VII · Sec A
Program Manager
$125,693Pt VII · Sec A
IT Manager
$105,410Pt VII · Sec A

Tatiana Toro’s $331K as Director is at the 33rd percentile of top reported officer pay among 139 $10–100M science & technology nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Tatiana Toro$331,194$317,962$176,415———
Helene Barcelo$244,389$306,008$315,947$293,194$289,215$268,468
Annie Averitt$232,388$231,725$241,646$223,308$207,566$201,632
David Eisenbud——$214,237$175,185$181,450$134,476
Aaron Hale———$203,951$196,035$187,395
Stefanie Yurus$178,750$176,246$176,732$151,145$148,765$144,599
Demaur Owens$148,207$147,321$145,679$120,433$105,410—
Arthur Bosse$140,223$143,312$141,900$128,918$138,333$123,957

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Fosters mathematical research by bringing together top scientists for creative collaboration.

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3 programs · $6.2M · in their own filed words · FY2020
01

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.

$4.0Mprogram expense
02

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.

$1.3Mprogram expense
03

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…

$868Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$50K
Grants paid · 6 grants · $23.4M · 2019–2024
Unitemized GrantFY2024$4,720,599
Unitemized GrantFY2023$5,192,536
Unitemized GrantFY2022$5,090,381
Unitemized GrantFY2021$4,284,291
Unitemized GrantFY2020$1,013,532
Unitemized GrantFY2019$3,088,763

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$45.8M
Ln 12
Gifts and grantsLn 1h$44.7M
Investment incomeLn 3$710K
Fees for servicesLn 2g$334K
Money outPt IX
$8.4M
Ln 25
Programscol B$6.2M
Managementcol C$1.5M
Fundraisingcol D$695K
Owns and owesPt X
$84.8M
net assets · Ln 32
Cash and savingsLn 1–2$6.9M
Total assetsLn 16$85.4M
LiabilitiesLn 26$667K
PeoplePt VI, VII
41
listed · VII A
PaidVII A8
Voting boardVI 1a35
IndependentVI 1b33
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$44.7M
Government grantsLn 1e$3.5M
Noncash giftsLn 1g$11K
Fees for servicesLn 2g$334K
Investment incomeLn 3$710K
Other incomeLn 4–11$4K
Gains on assetsLn 7$367K
Total revenueLn 12$45.8M
Assets in detailPt X, end of year
CashLn 1$66
SavingsLn 2$6.9M
Cash and savings togetherLn 1–2$6.9M
InvestmentsLn 11–13$33.6M
Land, buildings, equipmentLn 10c$6.6M
Other assetsLn 15$22K
Total assetsLn 16$85.4M
LiabilitiesLn 26$667K
Net assetsLn 32$84.8M
OperationsPt I, VI
EmployeesI 529
VolunteersI 664
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$4.7M$6.9M
InvestmentsLn 11–13$28.6M$33.6M
Land, buildings, equipmentLn 10c$7.0M$6.6M
Total assetsLn 16$45.4M$85.4M
LiabilitiesLn 26$449K$667K
Net assetsLn 32$44.9M$84.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$18K$18K
Grants to domestic individualsLn 2$1.1M$1.1M
Grants and assistance to foreign recipientsLn 3$507K$507K
Pay of current officers, directors and key staffLn 5$1.0M$563K$291K$150K
Other salaries and wagesLn 7$1.9M$1.0M$542K$280K
Pension plan contributionsLn 8$161K$86K$58K$17K
Other employee benefitsLn 9$292K$155K$106K$31K
Payroll taxesLn 10$187K$101K$63K$23K
Legal feesLn 11b$7K$2K$4K$141
Accounting feesLn 11c$80K$80K
Investment management feesLn 11f$231K$231K
Other fees for servicesLn 11g$35K$19K$4K$12K
Office expensesLn 13$109K$78K$13K$18K
Information technologyLn 14$377K$376K$804
OccupancyLn 16$162K$144K$14K$4K
TravelLn 17$12K$1K$164$11K
Depreciation, depletion and amortizationLn 22$678K$601K$66K$11K
InsuranceLn 23$168K$145K$20K$3K
Other expenses (24a–d)Ln 24$1.4M$1.2M$45K$134K
All other expensesLn 24e$30K$21K$9K$670
Total functional expensesLn 25$8.4M$6.2M$1.5M$695K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $19.1M$13.4M$5.8M$120.9M 990 PDF
FY2024 $22.5M$14.2M$8.3M$110.1M 990 PDF
FY2023 $21.9M$14.0M$7.8M$99.8M 990 PDF
FY2022 $21.4M$13.3M$8.1M$89.2M 990 PDF
FY2021 Viewing $45.8M$8.4M$37.4M$84.8M 990 PDF
FY2020 $9.3M$10.6M−$1.3M$44.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $45,786,463 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,844,027$44,738,820
I-9 Program service revenuePrior year $525,330$333,991
I-10 Investment incomePrior year $940,334$710,135
I-11 Other revenuePrior year $1,625$3,517
I-12 Total revenuePrior year $9,311,316$45,786,463
I-13 Grants and similar amounts paidPrior year $3,719,625$1,640,807
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,406,113$3,513,442
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,472,965$3,274,170
I-18 Total expensesPrior year $10,598,703$8,428,419
I-19 Revenue less expensesPrior year −$1,287,387$37,358,044
Part VI · Governance 33 of 35 board members independent, 1 to look at
VI-1a Voting members of the governing body35
VI-1b Independent voting members33
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $45,786,463 across 9 lines filed
Lines not itemized here account for $46 of total revenue; see the IRS return.
VIII-1e Government grants$3,497,803
VIII-1f All other contributions, gifts and grants$41,241,017
VIII-1g Noncash contributions (included above)$11,031
VIII-1h Total contributions, gifts and grants$44,738,820
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $333,991$333,991
VIII-3 Investment incomeExcluded from tax $343,444$343,444
VIII-5 RoyaltiesExcluded from tax $3,471$3,471
VIII-7 Net gain or loss on sales of assetsExcluded from tax $366,691$366,691
VIII-12 Total revenueRelated to mission $334,037 · Unrelated business $0 · Excluded from tax $713,606$45,786,463
Part IX · Statement of functional expenses $8,428,419 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $18,000$18,000
IX-2 Grants to domestic individualsPrograms $1,115,983$1,115,983
IX-3 Grants and assistance to foreign recipientsPrograms $506,824$506,824
IX-5 Pay of current officers, directors and key staffPrograms $563,192 · Management $291,292 · Fundraising $150,473$1,004,957
IX-7 Other salaries and wagesPrograms $1,047,015 · Management $541,536 · Fundraising $279,743$1,868,294
IX-8 Pension plan contributionsPrograms $85,634 · Management $58,043 · Fundraising $17,341$161,018
IX-9 Other employee benefitsPrograms $155,198 · Management $106,238 · Fundraising $31,004$292,440
IX-10 Payroll taxesPrograms $101,121 · Management $62,840 · Fundraising $22,772$186,733
IX-11b Legal feesPrograms $2,178 · Management $4,400 · Fundraising $141$6,719
IX-11c Accounting feesManagement $79,827$79,827
IX-11f Investment management feesManagement $231,371$231,371
IX-11g Other fees for servicesPrograms $19,291 · Management $3,901 · Fundraising $11,650$34,842
IX-13 Office expensesPrograms $77,760 · Management $13,114 · Fundraising $17,742$108,616
IX-14 Information technologyPrograms $376,077 · Fundraising $804$376,881
IX-16 OccupancyPrograms $144,202 · Management $14,187 · Fundraising $3,623$162,012
IX-17 TravelPrograms $1,113 · Management $164 · Fundraising $10,650$11,927
IX-22 Depreciation, depletion and amortizationPrograms $600,922 · Management $66,270 · Fundraising $11,045$678,237
IX-23 InsurancePrograms $144,811 · Management $20,206 · Fundraising $3,368$168,385
IX-24 Other expenses (24a–d)Programs $1,206,074 · Management $45,353 · Fundraising $133,919$1,385,346
IX-24e All other expensesPrograms $20,798 · Management $8,539 · Fundraising $670$30,007
IX-25 Total functional expensesPrograms $6,186,193 · Management $1,547,281 · Fundraising $694,945$8,428,419
Part X · Balance sheet $85,421,811 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $2,484$66
X-2 Savings and temporary cash investmentsStart of year $4,679,392$6,932,308
X-3 Pledges and grants receivableStart of year $4,959,508$38,273,486
X-4 Accounts receivableStart of year $10,501$5,169
X-9 Prepaid expenses and deferred chargesStart of year $59,129$52,922
X-10c Land, buildings and equipment, netStart of year $7,045,365$6,570,438
X-11 Publicly traded securitiesStart of year $20,823,717$24,827,410
X-12 Other securitiesStart of year $7,786,184$8,737,762
X-15 Other assetsStart of year $7,855$22,250
X-16 Total assetsStart of year $45,374,135$85,421,811
X-17 Accounts payable and accrued expensesStart of year $441,400$659,968
X-19 Deferred revenueStart of year $7,373$7,374
X-26 Total liabilitiesStart of year $448,773$667,342
X-27 Net assets without donor restrictionsStart of year $8,356,289$7,885,785
X-28 Net assets with donor restrictionsStart of year $36,569,073$76,868,684
X-32 Total net assets or fund balancesStart of year $44,925,362$84,754,469
X-33 Total liabilities and net assetsStart of year $45,374,135$85,421,811
Part XI · Reconciliation of net assets $84,754,469 net assets at year end
XI-1 Total revenue$45,786,463
XI-2 Total expenses$8,428,419
XI-3 Revenue less expenses$37,358,044
XI-4 Net assets at start of year$44,925,362
XI-5 Net unrealized gains (losses) on investments$2,471,063
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$84,754,469

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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