Association For Psychological Science
- Assets
- $13.7m
- Revenue
- $7.2m
- Investments
- $0.0
- Employees
- 33
- Location
- Washington, DC
- Founding
- 04/1989
- Data as of
- 12/2021
- EIN
- 73-1345573
Organization Overview
Association For Psychological Science is located in Washington, DC. The organization was established in 1989. According to its NTEE Classification (F03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2021, Association For Psychological Science employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association For Psychological Science 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 12/2021, Association For Psychological Science generated $7.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $6.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
JOURNALS: CONSISTS OF ALL ASPECTS RELATED TO THE EDITORIAL CONTENT, REVIEW, AND PUBLICATION OF SIX PEER-REVIEWED JOURNALS: PSYCHOLOGICAL SCIENCE, CURRENT DIRECTIONS IN PSYCHOLOGICAL SCIENCE, PSYCHOLOGICAL SCIENCE IN PUBLIC INTEREST, PERSPECTIVES ON PSYCHOLOGICAL SCIENCE, CLINICAL PSYCHOLOGICAL SCIENCE, AND ADVANCES IN METHODS AND PRACTICES IN PSYCHOLOGICAL SCIENCE.
CONVENTION: ANNUAL CONVENTION AND BI-ANNUAL INTERNATIONAL CONVENTION BRING TOGETHER MEMBERS AND OTHERS TO DISCUSS CURRENT ISSUES AND DEVELOPMENTS AFFECTING SCIENTIFICALLY ORIENTED PSYCHOLOGY AS IT PERTAINS TO RESEARCH APPLICATION AND IMPROVEMENT OF HUMAN WELFARE.
PUBLICATIONS: THE OBSERVER IS A MONTHLY PERIODICAL DISTRIBUTED TO MEMBERS THAT DISCUSSES CURRENT ISSUES AND TOPICS OF INTEREST IN THE AREA OF PSYCHOLOGICAL SCIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Gropp Executive Director | Officer | 37.5 | $279,747 |
Aime Ballard-Wood Deputy Director | 37.5 | $200,405 | |
Leah Thayer Sr. Director Of Communications | 37.5 | $138,156 | |
Nathalie Rothert Sr. Director Of Meetings | 37.5 | $128,332 | |
Jill Treby Sr. Dir. Of Membership & Marketing | 37.5 | $118,790 | |
Natisha Dawson Sr. Dir. Of Finance & Admin | 37.5 | $117,752 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hilton Washington Convention Center | 12/30/21 | $247,139 |
Chazin & Company Accounting Services | 12/30/21 | $153,611 |
Experient Inc Travel Service | 12/30/21 | $131,130 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,489,633 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,027,590 |
| All other contributions, gifts, grants, and similar amounts not included above | $143,820 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,661,043 |
| Total Program Service Revenue | $3,739,093 |
| Investment income | $264,845 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $262,447 |
| Net Rental Income | $59,464 |
| Net Gain/Loss on Asset Sales | $250,188 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,237,080 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $56,386 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $303,654 |
| Compensation of current officers, directors, key employees. | $30,365 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,556,915 |
| Pension plan accruals and contributions | $223,352 |
| Other employee benefits | $313,841 |
| Payroll taxes | $205,854 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,196 |
| Fees for services: Accounting | $183,486 |
| Fees for services: Lobbying | $22,464 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $47,968 |
| Fees for services: Other | $569,975 |
| Advertising and promotion | $21,179 |
| Office expenses | $73,264 |
| Information technology | $323,198 |
| Royalties | $0 |
| Occupancy | $450,184 |
| Travel | $14,760 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,620 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $223,183 |
| Insurance | $68,415 |
| All other expenses | $11,453 |
| Total functional expenses | $6,374,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $551,316 |
| Savings and temporary cash investments | $966,278 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $215,017 |
| 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 | $509,130 |
| Net Land, buildings, and equipment | $878,387 |
| Investments—publicly traded securities | $10,453,719 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $92,345 |
| Total assets | $13,666,192 |
| Accounts payable and accrued expenses | $396,943 |
| Grants payable | $0 |
| Deferred revenue | $1,095,946 |
| 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 | $959,215 |
| Total liabilities | $2,452,104 |
| Net assets without donor restrictions | $9,468,308 |
| Net assets with donor restrictions | $1,745,780 |
| 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 | $13,666,192 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Association For Psychological Science has recieved totaling $40,333.
| Awarding Organization | Amount |
|---|---|
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: SPECIAL PROJECT | $17,993 |
Ewing Marion Kauffman Foundation Kansas City, MO PURPOSE: SUPPORT FOR THE ASSOCIATION FOR PSYCHOLOGICAL ASSOCIATION ANNUAL CONFERENCE FOR 2020, 2021, AND 2022. 201906-6848 | $12,340 |
Kavli Foundation Los Angeles, CA PURPOSE: FRED KAVLI KEYNOTE LECTURE | $10,000 |
Endowment Analysis
| Beg. Balance | $1,564,292 |
| Earnings | $162,133 |
| Other Expense | $38,994 |
| Ending Balance | $1,687,431 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Physiological Society Rockville, MD | $94,782,709 | $19,551,552 |
American Society For Radiation Oncology Arlington, VA | $43,435,735 | $18,684,843 |
Society Of Interventional Radiology Fairfax, VA | $16,119,873 | $11,332,419 |
American Association For Marriage And Family Therapy Inc Alexandria, VA | $10,674,002 | $7,538,354 |
American Psychiatric Association Foundation Washington, DC | $82,014,350 | $7,795,878 |
Association For Psychological Science Washington, DC | $13,666,192 | $7,237,080 |
National Association Of School Psychologists Bethesda, MD | $24,935,287 | $8,598,243 |
Society Of Neurointerventional Surgery Fairfax, VA | $7,065,551 | $5,159,149 |
National Association For Behavioral Healthcare Washington, DC | $5,218,673 | $4,551,529 |
Naadac-The Association For Addiction Professionals Alexandria, VA | $2,089,975 | $3,841,982 |
National Association Of State Alcohol And Drug Abuse Directors Washington, DC | $1,759,114 | $2,510,370 |
Council For Accreditation Of Counseling & Related Educational Alexandria, VA | $6,490,063 | $2,360,634 |