American Psychological Association Inc
- Assets
- $259.0m
- Revenue
- $133.0m
- Investments
- $0.0
- Employees
- 629
- Location
- Washington, DC
- Founding
- 01/1940
- Data as of
- 12/2022
- EIN
- 53-0205890
Organization Overview
American Psychological Association Inc is located in Washington, DC. The organization was established in 1940. According to its NTEE Classification (V03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Social Science and related organizations. As of 12/2022, American Psychological Association Inc employed 629 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. American Psychological Association Inc 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 Psychological Association Inc generated $133.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $136.6m during the year ending 12/2022. While expenses have increased by 0.6% 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 Psychological Association Inc has awarded 201 individual grants totaling $3,555,912. 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
AMERICAN PSYCHOLOGICAL ASSOCIATION IS A NATIONAL MEMBERSHIP ORGANIZATION CREATED TO PROMOTE THE ADVANCEMENT, COMMUNICATION, AND APPLICATION OF PSYCHOLOGICAL (CONTINUED ON SCH O)
Describe the Organization's Program Activity:
PUBLISHING OFFICE IN 2022, THE APA JOURNALS PROGRAM PUBLISHED MORE THAN 64,602 PAGES REPRESENTING MORE THAN 5,089 ARTICLES IN 508 JOURNAL ISSUES. APA JOURNALS DEMONSTRATED ITS COMMITMENT TO EQUITY, DIVERSITY, AND INCLUSION (EDI) IN 2022 BY IMPLEMENTING RECOMMENDATIONS FROM THE PUBLICATIONS AND COMMUNICATIONS BOARD TO IMPROVE EQUITY IN PUBLISHED RESEARCH. APA ALSO IMPLEMENTED AN EDITORIAL FELLOWSHIP INITIATIVE DESIGNED TO IMPROVE ACCESS TO JOURNAL LEADERSHIP FOR HISTORICALLY EXCLUDED GROUPS. (CONTINUED ON SCHEDULE O)
EDUCATION DIRECTORATE THE APA EDUCATION DIRECTORATE PLAYED A STRONG ROLE IN THE AREA OF QUALITY ASSURANCE FOR OVER 1,200 ACCREDITED PROGRAMS IN HEALTH SERVICE PSYCHOLOGY. THE DIRECTORATE ALSO PLAYS AN IMPORTANT ROLE IN SHAPING THE EDUCATIONAL EXPERIENCE OF TOMORROW'S PSYCHOLOGISTS AND IN PROVIDING CONTINUING PROFESSIONAL EDUCATION FOR TODAY'S PRACTITIONER. CONTINUING EDUCATION IS OFFERED THROUGH OVER 660 PROGRAMS ON A VARIETY OF TOPICS AND FORMATS INCLUDING WEB DELIVERED, BOOK-BASED AND JOURNAL ARTICLE-BASED PROGRAMS. THERE ARE CURRENTLY OVER 850 APPROVED SPONSORS OF CONTINUING EDUCATION.
MEMBERSHIP OFFICE THE APA MEMBERSHIP OFFICE INCLUDES MEMBERSHIP MARKETING, SERVICE CENTER, DIVISION ENGAGEMENT, AND MEDIA & EVENT EVENTS. THE FOCUS OF THE OFFICE IS TO RECRUIT, RETAIN AND ENGAGE MEMBERS THROUGH A VARIETY OF EFFORTS INCLUDING INTEGRATED CAMPAIGNS EMPLOYING A MIX OF DIGITAL AND TRADITIONAL CHANNELS. MEMBER ENGAGEMENT EFFORTS FOCUS PRIMARILY ON CONDUCTING RESEARCH TO UNDERSTAND MEMBER NEEDS, AND THEN DELIVERING CONTENT, PRODUCTS, SERVICES AND EXPERIENCES THAT ADD VALUE TO EACH MEMBERSHIP. (CONTINUED ON SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arthur C Evans CEO | Officer | 36.5 | $1,238,618 |
Tony Habash Chief Information Officer | Officer | 37.5 | $772,318 |
Archie L Turner Coo/cfo | Officer | 36.5 | $581,490 |
Jaime L Diaz-Granados Deputy CEO | Officer | 32.5 | $560,923 |
Deanne M Ottaviano General Counsel | Officer | 37.5 | $514,568 |
Jasper Simons Chief Publishing Officer | Officer | 37.5 | $461,508 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Knowledgeworks Global Ltd Composition Services | 12/30/22 | $1,210,442 |
Cdw Direct Llc It Services | 12/30/22 | $1,260,970 |
Sheridan Books Publishing Services | 12/30/22 | $491,465 |
Worzalla Publishing Company Publishing Services | 12/30/22 | $377,203 |
Liaison International Llc Technical Support | 12/30/22 | $320,328 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,542,784 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,376 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,611,160 |
| Total Program Service Revenue | $122,583,088 |
| Investment income | $1,902,027 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,065,421 |
| Net Rental Income | $4,072,511 |
| Net Gain/Loss on Asset Sales | -$1,706,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $132,993,882 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $342,593 |
| Grants and other assistance to domestic individuals. | $2,147,666 |
| Grants and other assistance to Foreign Orgs/Individuals | $26,709 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $7,773,877 |
| Compensation of current officers, directors, key employees. | $1,598,281 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,182,658 |
| Pension plan accruals and contributions | $3,462,963 |
| Other employee benefits | $6,666,557 |
| Payroll taxes | $4,572,994 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,481,958 |
| Fees for services: Accounting | $215,040 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $376,934 |
| Fees for services: Other | $13,397,520 |
| Advertising and promotion | $3,183,580 |
| Office expenses | $8,086,681 |
| Information technology | $6,326,558 |
| Royalties | $5,826,397 |
| Occupancy | $8,640,132 |
| Travel | $1,580,861 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,417,704 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,435,945 |
| Insurance | $1,286,766 |
| All other expenses | $884,013 |
| Total functional expenses | $136,577,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $750 |
| Savings and temporary cash investments | $45,491,888 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,963,590 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,641,504 |
| Prepaid expenses and deferred charges | $2,855,656 |
| Net Land, buildings, and equipment | $72,711,905 |
| Investments—publicly traded securities | $75,178,220 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $44,146,252 |
| Total assets | $258,989,765 |
| Accounts payable and accrued expenses | $29,923,074 |
| Grants payable | $0 |
| Deferred revenue | $47,070,437 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $16,764,353 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $115,004,231 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,303,866 |
| Total liabilities | $211,065,961 |
| Net assets without donor restrictions | $47,923,804 |
| Net assets with donor restrictions | $0 |
| 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 | $258,989,765 |
Grants Awarded
Over the last fiscal year, American Psychological Association Inc has awarded $189,550 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL ACADEMY OF SCIENCES PURPOSE: Conf. sponsorship | $50,000 |
INTERNATIONAL BRAIN BEE PURPOSE: Conf. sponsorship | $25,000 |
INTERNATIONAL INITIATIVE FOR MENTAL HEALTH LEADERS PURPOSE: Conf. sponsorship | $25,000 |
PRIMARY CARE COLLABORATIVE PURPOSE: Conf. sponsorship | $10,000 |
SOCIETY FOR RESEARCH IN CHILD DEVELOPMENT PURPOSE: Conf. sponsorship | $10,000 |
CHEROKEE PARK UNITED CHURCH PURPOSE: Conf. sponsorship | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Psychological Association Inc Washington, DC | $258,989,765 | $132,993,882 |
Peter G Peterson Institute For International Economics Washington, DC | $95,222,142 | $11,048,331 |
Usaging Washington, DC | $8,460,217 | $13,386,598 |
American Psychological Foundation Inc Washington, DC | $29,776,865 | $7,708,422 |
Population Association Of America Inc Alexandria, VA | $3,032,003 | $1,643,418 |
Society For The Psychological Study Of Social Issues Washington, DC | $5,893,424 | $922,695 |
National Postdoctoral Assoication Rockville, MD | $960,580 | $711,080 |
Society For Prevention Research Incorporated Fairfax, VA | $1,371,714 | $724,704 |
The Society For The Advancement Of Socio-Economics Timonium, MD | $472,815 | $649,488 |
Society Of Black Archaeologists Washington, DC | $109,618 | $0 |
National Council For Geocosmic Research Inc Washington, DC | $225,150 | $0 |
The National Economists Club Washington, DC | $419,180 | $0 |
Association Of Black Researchers Inc Glen Burnie, MD | $4,098 | $0 |