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Filing year 2023

THE ART OF PROBLEM SOLVING INITIATIVE INC

New York, New York·EIN 20-1239616·3
Total revenue
$10.3M
Total assets
$15.9M
Total expenses
$8.1M
Reported officers
17
Mission

BEAM AIMS TO CHANGE THE DRAMATIC UNDERREPRESENTATION OF STUDENTS FROM BLACK, LATINX, AND INDIGENOUS COMMUNITIES AT THE HIGHEST LEVEL OF ACHIEVEMENT, TO INSTILL A GENUINE LOVE FOR MATHEMATICS, AND TO OPEN UP OPPORTUNITIES FOR FULFILLING, WELL-PAID CAREERS. TO OUR KNOWLEDGE, BEAM IS THE ONLY PROGRAM IN THE US PROVIDING LONG-TERM (10-YEAR), COMPREHENSIVE SUPPORT TO ENSURE SUCCESS IN ADVANCED MATH FOR KIDS FROM HISTORICALLY MARGINALIZED OMMUNITIES. OUR GOALS ARE TO PROVIDE ACADEMIC PREPARATION FOR ADVANCED MATHEMATICAL WORK; SOCIAL/EMOTIONAL SUPPORT SO STUDENTS ARE COMFORTABLE AND CONFIDENT WITH STEM IDENTITIES AND ENGAGING STEM COMMUNITIES; A COMMUNITY OF LIKE-MINDED PEERS INCLUDING STUDENTS, COUNSELORS, AND FACULTY IN WHOM OUR STUDENTS CAN SEE THEMSELVES REPRESENTED; AND GUIDANCE AND MENTORING TO SUPPORT STUDENTS IN SEEKING OUT FUTURE STEM OPPORTUNITIES.

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Chief Executive Officer
75th to 90th percentile
$233k
$262k
Base
$226k
Bonus
Other
Benefits
$7k
Chief Growth Officer
Highest Compensated Employee
Median to 75th percentile
$189k
$212k
Base
$189k
Bonus
Other
Benefits
Chief Advancement Officer
Highest Compensated Employee
Median to 75th percentile
$166k
$186k
Base
$165k
Bonus
Other
Benefits
$435
Chief Financial Officer
Median to 75th percentile
$162k
$182k
Base
$162k
Bonus
Other
Benefits
Chief Operating Officer
Median to 75th percentile
$161k
$180k
Base
$161k
Bonus
Other
Benefits
Senior Director, Program Design
Director (Operational)
Median to 75th percentile
$143k
$161k
Former Executive Director, Ny Programs
Former Officer/director/trustee
Median to 75th percentile
$116k
$130k
Base
$71k
Bonus
Other
$32k
Benefits
$13k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Up 10%
from 2022

From $213k in 2022 to $233k in 2023.

$213k
2022
$233k
2023
In today's dollarsEst.
Up 6% in real terms$248k to $262k

Estimated with New York-Newark-Jersey City, NY-NJ-PA 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 10% from 2022 to 2023, while revenue rose 35%.

$213k in 2022 to $233k in 2023.
  • Highest Compensated Employee pay rose 13% from 2022 to 2023.
  • Chief Financial Officer pay rose 20% 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

THE ART OF PROBLEM SOLVING INITIATIVE INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.6M
$6.5M
2022
$10.3M
$8.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THE ART OF PROBLEM SOLVING INITIATIVE INC

What does the Chief Executive Officer of THE ART OF PROBLEM SOLVING INITIATIVE INC earn?

In 2023, the Chief Executive Officer of THE ART OF PROBLEM SOLVING INITIATIVE INC received $233,349 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE ART OF PROBLEM SOLVING INITIATIVE INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at THE ART OF PROBLEM SOLVING INITIATIVE INC falls between the 75th and 90th percentiles.

What are THE ART OF PROBLEM SOLVING INITIATIVE INC's revenue and expenses?

In 2023, THE ART OF PROBLEM SOLVING INITIATIVE INC reported $10.3M in total revenue and $8.1M in total expenses on its IRS Form 990.

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