American Institute Of Physics Incorporated
- Assets
- $255.1m
- Revenue
- $81.4m
- Investments
- $0.0
- Employees
- 322
- Location
- College Park, MD
- Founding
- 09/1941
- Data as of
- 12/2022
- EIN
- 13-1667053
Organization Overview
American Institute Of Physics Incorporated is located in College Park, MD. The organization was established in 1941. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 12/2022, American Institute Of Physics Incorporated employed 322 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Institute Of Physics Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, American Institute Of Physics Incorporated generated $81.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $87.0m during the year ending 12/2022. While expenses have increased by 4.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, American Institute Of Physics Incorporated has awarded 77 individual grants totaling $3,983,402. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AIP'S MISSION IS TO ADVANCE, PROMOTE AND SERVE THE PHYSICAL SCIENCES FOR THE BENEFIT OF HUMANITY.
Describe the Organization's Program Activity:
PUBLISHING RELATED. SEE SCHEDULE O
PHYSICAL SCIENCE PROGRAMS AND RESOURCES. SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexandra Vance Aipp, CEO | Officer | 40 | $568,710 |
Michael Moloney CEO | OfficerTrustee | 40 | $544,406 |
Roy Levenson Aipp, CFO | Officer | 40 | $443,684 |
Dean Sanderson Aipp, Chief Strategy Officer | Officer | 40 | $419,682 |
Catherine Swartz Cfao | Officer | 40 | $378,343 |
Penelope Donhauser Aipp, Chief Publishing Officer | Officer | 40 | $339,434 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lsc Communications Mcl Llc Print Production | 12/30/22 | $411,220 |
Origin Editorial Llc Editorial Operations | 12/30/22 | $2,028,620 |
Bryan Cave Leighton Paisner Legal Fees | 12/30/22 | $811,973 |
Optimal Performance Seekers Consulting | 12/30/22 | $408,000 |
Apc Postal Logistics Mailing And Shipping | 12/30/22 | $348,651 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $454,993 |
| Government grants | $460,716 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $941,709 |
| Total Program Service Revenue | $72,641,754 |
| Investment income | $4,142,919 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,552,655 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $81,432,447 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $513,026 |
| Grants and other assistance to domestic individuals. | $795,209 |
| Grants and other assistance to Foreign Orgs/Individuals | $68,055 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $4,947,711 |
| Compensation of current officers, directors, key employees. | $2,222,564 |
| Compensation to disqualified persons | $24,557,594 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $2,475,148 |
| Other employee benefits | $4,425,293 |
| Payroll taxes | $2,105,417 |
| Fees for services: Management | $6,379,612 |
| Fees for services: Legal | $920,860 |
| Fees for services: Accounting | $188,655 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $129,154 |
| Fees for services: Other | $1,055,469 |
| Advertising and promotion | $2,726,674 |
| Office expenses | $1,397,847 |
| Information technology | $5,909,517 |
| Royalties | $0 |
| Occupancy | $2,280,193 |
| Travel | $1,612,595 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,307,696 |
| Interest | $18,758 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $750,757 |
| Insurance | $280,619 |
| All other expenses | $2,267,369 |
| Total functional expenses | $86,980,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,074,594 |
| Savings and temporary cash investments | $14,327,815 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,440,285 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $129,391 |
| Inventories for sale or use | $253,850 |
| Prepaid expenses and deferred charges | $4,500,556 |
| Net Land, buildings, and equipment | $1,216,452 |
| Investments—publicly traded securities | $197,199,763 |
| Investments—other securities | $0 |
| Investments—program-related | $608,009 |
| Intangible assets | $1,120,395 |
| Other assets | $21,192,350 |
| Total assets | $255,063,460 |
| Accounts payable and accrued expenses | $7,697,488 |
| Grants payable | $0 |
| Deferred revenue | $21,422,217 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $50,000 |
| Other liabilities | $12,286,956 |
| Total liabilities | $41,456,661 |
| Net assets without donor restrictions | $174,141,706 |
| Net assets with donor restrictions | $39,465,093 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $255,063,460 |
Grants Awarded
Over the last fiscal year, American Institute Of Physics Incorporated has awarded $432,271 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ACOUSTICAL SOCIETY OF AMERICA PURPOSE: SEE PART IV | $33,300 |
AMERICAN ASSOCIATION OF PHYSICS TEACHERS PURPOSE: SEE PART IV | $98,275 |
AMERICAN ASSOC OF PHYSICISTS IN MEDICINE PURPOSE: SEE PART IV | $57,000 |
AMERICAN ASTRONOMICAL SOCIETY PURPOSE: SEE PART IV | $42,131 |
AMERICAN CRYSTALLOGRAPHIC SOCIETY PURPOSE: SEE PART IV | $25,000 |
AMERICAN CHEMICAL SOCIETY PURPOSE: SEE PART IV | $5,500 |