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Federal ID# 362307745

National Merit Scholarship Corporation

General Information

Organization Type CHARITY
Contact Person Kamilla Spoehr
Address 1560 Sherman Avenue, Suite 200, Evanston, IL 60201-4897
Phone Number (847) 866-5100
Purpose or Description The primary purpose of the organization is to conduct nationwide academic competitions for recognition and college undergraduate scholarships. Scholarships are financed by NMSC's own funds and scholarship sponsoring organizations.
Status Active
Extension None

Financial Information

For Fiscal Year Ending 5/31/2024

INCOME
Direct Public Support$31,219,930
Government Grants+ $0
Other Revenue+ $7,897,354
Total Revenue$39,117,284
EXPENSES
Amount Spent for Program or Charitable Purposes$41,492,833
Management/General Expense+ $2,707,254
Fundraising Expense+ $1,977,370
Total Expenses$46,187,457

Excess/Deficit
Total Revenue$39,117,284
Total Expenses- $46,187,457
Excess/Deficit$-7,070,173
End of Year Fund Bal/Net Worth
Total Assets$159,683,845
Total Liabilities- $8,437,344
End of Year Fund Bal/Net Worth$151,246,501

Financial Information for Prior Years

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