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Filing year 2023

READING AND MATH INC

Minneapolis, Minnesota·EIN 47-2306902·NTEE B92 · Education·501(c)(3)
Total revenue
$94.7M
Total assets
$9.1M
Total expenses
$94.5M
Reported officers
16
Mission

TO TRANSFORM LIVES WHILE WORKING TO ENGAGE PEOPLE IN NATIONAL SERVICE, WE FOCUS ON REPLICATING AND EXPANDING EVIDENCE-BASED PROGRAMS TO ADDRESS CRITICAL GAPS IN EDUCATIONAL ACHIEVEMENT, ECONOMIC OPPORTUNITY AND OTHER EMERGENT SOCIAL ISSUES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Minnesota.

Managing Director/president
75th to 90th percentile
$165k
$180k
Base
$148k
Bonus
Other
Benefits
$11k
Clo
Highest Compensated Employee
25th percentile to median
$148k
$161k
Coo/cfo
Officer (Unspecified)
$142k
$155k
CPO
Highest Compensated Employee
25th percentile to median
$142k
$155k
Human Resources Director
Highest Compensated Employee
25th percentile to median
$137k
$150k
Ed of Wi Programs
Highest Compensated Employee
10th to 25th percentile
$125k
$137k
Ed of Ca Programs
Highest Compensated Employee
10th to 25th percentile
$120k
$131k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at READING AND MATH INC equaled 0.2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.2%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 18%
from 2022

From $140k in 2022 to $165k in 2023.

$140k
2022
$165k
2023
In today's dollarsEst.
Up 15% in real terms$157k to $180k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 18% from 2022 to 2023, while revenue rose 44%.

$140k in 2022 to $165k in 2023.
  • Highest Compensated Employee pay rose 21% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

READING AND MATH INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$66M
$65.5M
2022
$94.7M
$94.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Minnesota

Comparable education organizations in Minnesota pay their highest-earning executive a median of $78,449.

25th percentile
$34k
Median
$78,449
75th percentile
$138k
90th percentile
$217k

These are education sector-wide figures, not this organization's reported pay. Based on 647 organizations across 647 filings (2020 – 2024).

See full Education pay data for Minnesota
FAQ

Common questions about READING AND MATH INC

What does the Chief Executive Officer of READING AND MATH INC earn?

In 2023, the Chief Executive Officer of READING AND MATH INC received $164,685 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Minnesota, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at READING AND MATH INC compare with similar nonprofits?

Compared with the same role at Education organizations in Minnesota, the 2023 pay of the Chief Executive Officer at READING AND MATH INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at READING AND MATH INC equaled 0.2% of the organization's total expenses. The median for education organizations is 7%.

What are READING AND MATH INC's revenue and expenses?

In 2023, READING AND MATH INC reported $94.7M in total revenue and $94.5M in total expenses on its IRS Form 990.

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