American Psychological Association Inc
- Assets
- $36.3m
- Revenue
- $8.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 01/1940
- Data as of
- 12/2022
- EIN
- 54-1572590
Organization Overview
American Psychological Association Inc is located in Washington, DC. The organization was established in 1940. According to its NTEE Classification (F80) the organization is classified as: Mental Health Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is a subordinate organization within 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 $8.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $7.2m during the year ending 12/2022. While expenses have increased by 2.8% per year over the past 6 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 64 individual grants totaling $1,072,150. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT AND ENCOURAGE THE EDUCATION, SCIENTIFIC STUDY, HUMAN WELFARE PROMOTION AND INFORMATION DISSEMINATION AND THE ADVANCEMENT OF THOSE PSYCHOLOGY DISCIPLINES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL CONVENTION, DIVISIONAL MEETINGS, AND OTHER EVENTS - ACTIVITIES INCLUDE ATTENDANCE AND PLANNED ACTIVITIES AT THE ANNUAL CONVENTION, AS WELL AS, VARIOUS DIVISION MEETINGS, WORKSHOPS, CONTINUING EDUCATION, AND OTHER EVENTS THROUGHOUT THE YEAR COVERING VARIOUS EDUCATIONAL AND SCIENTIFIC TOPICS IN PSYCHOLOGY.
AWARDS AND GRANTS - VARIOUS AWARD PRESENTATIONS AND GRANTS TO FUND VARIOUS RESEARCH PROJECTS IN PSYCHOLOGY.
PUBLICATIONS (JOURNALS, NEWSLETTERS, ETC.) - THE PREPARATION AND DISSEMINATION OF JOURNALS AND NEWSLETTERS IN VARIOUS PSYCHOLOGY DISCIPLINES TO INFORM MEMBERS AND OTHER PSYCHOLOGY PROFESSIONALS ON PSYCHOLOGY ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Pusateri D02-Executive Director | Officer | 20 | $37,000 |
Nicole Allen D27-Editor In Chief, Ajcp | Trustee | 15 | $20,000 |
Linda Woolf D02-President | OfficerTrustee | 20 | $8,000 |
Stephanie Afful D02-Secretary | OfficerTrustee | 10 | $4,000 |
Jeffrey Holmes D02-Treasurer | OfficerTrustee | 10 | $4,000 |
Diane Finley D02-President Elect | OfficerTrustee | 10 | $4,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Amc Source Management Fees | 12/30/22 | $224,424 |
Barbara A Keeton Administration Svcs | 12/30/22 | $154,903 |
Seventeen17 Management Events Administrative Svcs | 12/30/22 | $128,806 |
Clamor Inc Administrative Svcs | 12/30/22 | $127,236 |
Imi Association Executives Inc Administrative Svcs | 12/30/22 | $114,152 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,445,991 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $576,852 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,022,843 |
| Total Program Service Revenue | $1,428,413 |
| Investment income | $589,824 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $3,676,846 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $177,163 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,536,236 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $595,349 |
| Grants and other assistance to domestic individuals. | $75,233 |
| Grants and other assistance to Foreign Orgs/Individuals | $24,474 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $479,127 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $155,333 |
| Fees for services: Other | $1,807,043 |
| Advertising and promotion | $16,867 |
| Office expenses | $299,439 |
| Information technology | $130,219 |
| Royalties | $0 |
| Occupancy | $8,212 |
| Travel | $340,044 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,066,800 |
| Interest | $0 |
| Payments to affiliates | $732 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,001 |
| All other expenses | $84,669 |
| Total functional expenses | $7,201,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,096,506 |
| Savings and temporary cash investments | $11,369,102 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $147,650 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $96,935 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $23,535,216 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,991 |
| Total assets | $36,261,400 |
| Accounts payable and accrued expenses | $535,327 |
| Grants payable | $0 |
| Deferred revenue | $837,373 |
| 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 | $0 |
| Other liabilities | $56,768 |
| Total liabilities | $1,429,468 |
| Net assets without donor restrictions | $34,705,758 |
| Net assets with donor restrictions | $126,174 |
| 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 | $36,261,400 |
Grants Awarded
Over the last fiscal year, American Psychological Association Inc has awarded $303,913 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL PURPOSE: SEE PART IV | $53,735 |
MONTCLAIR STATE UNIVERSITY PURPOSE: SEE PART IV | $29,219 |
EMORY UNIVERSITY PURPOSE: Anti-Racism Grant | $21,973 |
UNIVERSITY OF SOUTHERN CA SPONSORED PROJECTS ACC PURPOSE: Research Grant | $24,728 |
JOHNS HOPKINS UNIVERSITY PURPOSE: Early Career Research Grant | $20,000 |
UNIVERSITY OF CO - DENVER PURPOSE: Targeted Research Grant | $19,605 |