Public Charity

INSTITUTE FOR OPERATIONS RESEARCH AND THE MANAGEMENT SCIENCES

INSTITUTE FOR OPERATIONS RESEARCH AND THE MANAGEMENT SCIENCES is a Public Charity headquartered in CATONSVILLE, MD. Financial data from the 2025 filing: $19.7M revenue, $17.3M expenses, $31.5M total assets. 4 publicly reported grants to this organization, totaling roughly $37K, appear in IRS filings.

EIN: 521898636 CATONSVILLE, MD Economics NTEE: V22 Latest filing: 2025
Total Revenue$19.7M
Total Expenses$17.3M
Total Assets$31.5M
Grant Records4
Funding Total$37K
Filing Years2020–2025

Mission

INFORMS LEADS IN THE DEVELOPMENT, DISSEMINATION AND IMPLEMENTATION OF KNOWLEDGE, RESEARCH, AND TECHNOLOGIES IN OPERATIONS RESEARCH, ANALYTICS, THE MANAGEMENT SCIENCES, AND RELATED METHODS OF IMPROVING OPERATIONAL PROCESSES, DECISION MAKING, AND MANAGEMENT.

Where $100 goes at Institute for Operations Research and the Management Sciences

How Institute for Operations Research and the Management Sciences divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$89 Programs the work itself
$11 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $89 for programs

$29
Conferences and meetings
33% of program spending
$23
Member programs
26% of program spending
$22
Publications
24% of program spending

Plus 3 more programs. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VP, MEMBERSHIP & PROF. RECOGNITION Anahita Khojandi
VP, MEETINGS Ariela Sofer
VP, PUBLICATIONS Chris Tang
PRESIDENT David Hunt
EXECUTIVE DIRECTOR Elena A Gerstmann
VP, EDUCATION Illya Hicks

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$36,552 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $19.7M $17.3M $31.5M
2024 $16.2M $15.6M $32.0M
2023 $14.6M $14.9M $25.7M
2022 $12.7M $14.5M $24.0M
2020 $11.3M $12.1M $24.4M

Between 2020 and 2025, reported annual revenue grew from $11.3M to $19.7M (+74%), with total assets most recently reported at $31.5M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for INSTITUTE FOR OPERATIONS RESEARCH AND THE MANAGEMENT SCIENCES

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