The not-for-profit National Math Bee is based in Birmingham, Ala. It was founded by S. David Vaillancourt, who moved to the Indianapolis area recently. A Carmel office address is listed on the organization's Web site.
Spokesman Derek Mathews said other business interests of Vaillancourt's brought him to Indiana, but that the math bee could follow.
"There is some flexibility and opportunity," Mathews said, "so anything could happen."
The math bee is held every May at McWane Center, an interactive science museum in Birmingham, which still is set to host the event in 2009. But the organization is considering other locations in the hope of attracting more students, Mathews said.
The tournament is open to students in grades first through sixth who compete online in the basic math categories of addition, subtraction, multiplication and division. District and state finals culminate in the national competition that attracts thousands of students from 37 states.