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Nonprofit · EIN 13-1667053

AMERICAN INSTITUTE OF PHYSICS INCORPORATED

Tax-exempt · COLLEGE PARK, MD 20740

Financials

$100M$88.8M2023$92.4M$92.6M2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN INSTITUTE OF PHYSICS INCORPORATED by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$92,366,805$92,639,515-$272,710$300,823,393$39,241,663$261,581,730
December 31, 2023990$99,980,576$88,829,728$11,150,848$287,934,976$39,035,622$248,899,354
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,222,779
of which government grants
$70,900
Program service revenue
$71,586,268
Investment income
$10,565,598
Net gain from sales of assets
$2,586,579
Other revenue
$6,992,160

Expenses

Grants and similar amounts paid
$3,008,015
Compensation of officers, directors and key employees
$4,795,589
Other salaries and wages
$26,535,758
Salaries, compensation and benefits (total)
$40,054,821
Professional fundraising fees
$0
Legal fees
$844,733
Accounting fees
$259,583
Occupancy
$2,231,554
Travel
$1,490,019
Depreciation
$592,691
Program services (functional)
$72,363,767
Management and general (functional)
$17,969,052
Fundraising (functional)
$2,306,696

Balance sheet and other

Total assets, start of year
$287,934,976
Total assets, end of year
$300,823,393
Total liabilities, end of year
$39,241,663
Net assets, end of year
$261,581,730
Land, buildings and equipment
$563,556
Publicly traded securities
$226,925,639
Net assets without donor restrictions
$215,220,473
Net assets with donor restrictions
$46,361,257
Gross unrelated business income
$2,015,773
Gross receipts
$92,366,805
Employees
330
Volunteers
95
Year formed
1931
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Alexandra VanceAIPP, CEO
Key employee
40$631,249$81,866
Michael MoloneyCEO
Trustee or director, Officer
40$647,742$56,171
Roy LevensonAIPP, CFO
Key employee
40$467,545$57,563
Ann MichaelAIPP, Chief Transformation Ofcr
Key employee
40$441,089$66,720
Dean SandersonAIPP, Chief Strategy Officer
Key employee
40$444,103$57,564
Catherine SwartzCFAO
Officer
40$420,694$56,171
Penelope DonhauserAIPP, Chief Publishing Officer
Key employee
40$358,748$37,171
Scott MontgomeryChief Content Officer
Key employee
40$287,538$28,996
Kevin SteinerAIPP, Head of Global Sales
Key employee
40$255,243$56,026
Sara GirardAIPP, Head of Mktg & Comm
Highest-paid employee
40$247,605$55,286
Anna LeeDevelopment & Grants Officer
Highest-paid employee
32$214,907$48,918
Elizabeth Dart CaronChief of Staff
Highest-paid employee
40$229,831$23,376
Jovonni SpinnerCareer Opportunity & Adv Officer
Highest-paid employee
40$217,527$33,653
Mark JacobsonAIPP, Director, Strategic Alignment
Highest-paid employee
40$201,116$31,338
Trevor OwensChief Research Officer
Key employee
40$196,668$584
20 more people on this return
NameTitleHours / weekCompensationOther / benefits
Tracy DenienAIPP, Head of Info Technology
Former
40$153,856$2,273
David HelfandChair
Trustee or director, Officer
10$70,000$0
Eric FurstTreasurer
Trustee or director, Officer
8$22,500$0
Susan AveryVice Chair & Dir at Large
Trustee or director, Officer
8$7,500$0
Judy DubnoSecretary
Trustee or director, Officer
10$4,500$0
Bruce CurranDirector
Trustee or director
4$0$0
Charles Brown IIDirector at Large
Trustee or director
4$0$0
Chick WoodwardDirector
Trustee or director
8$0$0
Efrain RodriguezDirector
Trustee or director
4$0$0
Genaro MontanezDirector (as of Sept 2024)
Trustee or director
4$0$0
Jack HehnDirector
Trustee or director
8$0$0
Jonathan BaggerDirector
Trustee or director
4$0$0
Lisa KeefeDirector
Trustee or director
4$0$0
Liz RoganDirector (until Sept 2024)
Trustee or director
4$0$0
Mary JamesDirector at Large
Trustee or director
4$0$0
Nathan SandersDirector at Large
Trustee or director
4$0$0
Stella KafkaDirector
Trustee or director
4$0$0
Susan BurkettDirector
Trustee or director
4$0$0
Tyrone PorterDirector
Trustee or director
4$0$0
Valerie BrowningDirector at Large
Trustee or director
4$0$0
990 for the year ended December 31, 2023: 32 people
NameTitleHours / weekCompensationOther / benefits
ALEXANDRA VANCEAIPP, CEO
Key employee
40$595,233$78,336
MICHAEL MOLONEYCEO
Trustee or director, Officer
40$614,637$53,859
ROY LEVENSONAIPP, CFO
Key employee
40$461,233$57,414
ANN MICHAELAIPP,Chief Transformation Ofcr
Key employee
40$434,699$63,850
DEAN SANDERSONAIPP, CHIEF STRATEGY OFFICER
Key employee
40$424,521$68,727
CATHERINE SWARTZCFAO
Officer
40$426,277$53,835
PENELOPE DONHAUSERAIPP, CHIEF PUBLISHING OFFICER
Key employee
40$340,578$35,672
TRACY DENIENAIPP, HEAD OF INFO TECHNOLOGY
Key employee
40$233,643$69,979
KEVIN STEINERAIPP, HEAD OF GLOBAL SALES
Key employee
40$246,247$53,902
SARA GIRARDAIPP, HEAD OF MKT AND COMM
Highest-paid employee
40$239,174$53,292
MELISSA ANNE SCHELDAIPP, SENIOR SALES MANAGER
Highest-paid employee
40$247,394$37,727
SCOTT MONTGOMERYCHIEF CONTENT OFFICER
Key employee
40$258,326$19,084
MADELINE SUTTONAIPP, HEAD OF PEOPLE & CULTURE
Highest-paid employee
40$212,307$49,804
SHERRY RENDERCONTROLLER & DIR OF FINANCE
Highest-paid employee
40$211,813$42,498
LIZ DART CARONCHIEF OF STAFF
Highest-paid employee
40$203,404$20,737
JAMES TAYLORCHIEF FED OFFICER
Officer
40$191,945$14,407
DAVID HELFANDCHAIR
Trustee or director, Officer
10$70,000$0
SUSAN AVERYTREAS. & DIR AT LARGE
Trustee or director, Officer
8$30,000$0
JUDY DUBNOSECRETARY
Trustee or director, Officer
10$4,500$0
JONATHAN BAGGERDIRECTOR
Trustee or director
4$0$0
VALERIE BROWNINGDIR. at large (AS ON 03/23)
Trustee or director
4$0$0
SUSAN BURKETTDIRECTOR
Trustee or director
4$0$0
BRUCE CURRANDIRECTOR
Trustee or director
4$0$0
ERIC FURSTVICE-CHAIR & Director
Trustee or director, Officer
4$0$0
JACK HEHNDIRECTOR
Trustee or director
8$0$0
MARY JAMESDIRECTOR at large
Trustee or director
4$0$0
STELLA KAFKADIRECTOR
Trustee or director
4$0$0
TYRONE PORTERDIRECTOR
Trustee or director
4$0$0
EFRAIN RODRIQUEZDIRECTOR
Trustee or director
4$0$0
LIZ ROGANDIRECTOR
Trustee or director
4$0$0
NATHAN SANDERSDIRECTOR at Large
Trustee or director
4$0$0
CHICK WOODWARDDIRECTOR
Trustee or director
8$0$0

Address and contacts

Address (IRS master file)
1 PHYSICS ELLIPSE, COLLEGE PARK, MD 20740-3841
In care of
% CATHERINE G SWARTZ CFAO
Principal officer (990 for 2024)
MICHAEL MOLONEY, ONE PHYSICS ELLIPSE, COLLEGE PARK, MD 207403843
Signed the 990
Catherine Swartz, CHIEF FIN & ADMIN OFFICER (CFAO)
Phone
(301) 209-3100
Return prepared by
BDO USA

Mission

AIP ADVANCES THE PHYSICAL SCIENCES AS A FEDERATION AND AN INSTITUTE. AS A FEDERATION, AIP WORKS TO ADVANCE THE SUCCESS OF ITS MEMBER SOCIETIES AND AFFILIATES SO THAT THEY CAN LEVERAGE THEIR DIVERSE EXPERTISE AND CONTRIBUTIONS IN ADVANCING THE PHYSICAL SCIENCES IN THE RESEARCH ENTERPRISE, IN THE ECONOMY, IN EDUCATION AND IN SOCIETY. THROUGH THEIR SHARED GOALS AND PARTNERSHIP WITH AIP, MEMBER ORGANIZATIONS BROADEN THEIR IMPACT AND ACHIEVE RESULTS BEYOND THEIR INDIVIDUAL MISSIONS AND MANDATES. AIP ALSO ACTS AS AN INDEPENDENT INSTITUTE THAT EMPOWERS PHYSICAL SCIENTISTS WITH JOURNALISM; SOCIAL SCIENCE, DEMOGRAPHICS AND POLICY RESEARCH; AND HISTORY AND STUDENT PROGRAMS. AIP ALSO ADVANCES THE PHYSICAL SCIENCES THROUGH THE MISSIONS AND OPERATIONS OF AIP PUBLISHING AND OF AIP FOUNDATION. AIP RECOGNIZES AND HONORS EXCELLENCE IN THE PHYSICAL SCIENCES, RAISING PUBLIC AWARENESS OF THE CONTRIBUTIONS OUR COMMUNITY MAKES TO SOCIETY WITH SEVERAL NAMED AWARDS.

990 for the year ended December 31, 2024

Program accomplishments

  • Publishing Related - See Schedule O
    Expenses $54,085,668 · grants $41,250 · revenue $69,882,085
  • Physical Science Programs and Resources - See Schedule O
    Expenses $18,278,099 · grants $2,966,765 · revenue $1,704,183

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-1667053
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1941
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$300,823,393
Income (IRS master file)
$92,366,805

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$92,366,805$92,639,515$300,823,393IRS
990-TDecember 2024–––IRS
990December 2023$99,980,576$88,829,728$287,934,976XML
990-TDecember 2023–––IRS
990December 2022$81,432,447$86,980,027$255,063,460IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-1667053).

Questions about AMERICAN INSTITUTE OF PHYSICS INCORPORATED

What is the EIN of AMERICAN INSTITUTE OF PHYSICS INCORPORATED?
The employer identification number (EIN) of AMERICAN INSTITUTE OF PHYSICS INCORPORATED is 13-1667053.
Is AMERICAN INSTITUTE OF PHYSICS INCORPORATED tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1941.
Are donations to AMERICAN INSTITUTE OF PHYSICS INCORPORATED tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMERICAN INSTITUTE OF PHYSICS INCORPORATED file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AMERICAN INSTITUTE OF PHYSICS INCORPORATED due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERICAN INSTITUTE OF PHYSICS INCORPORATED last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AMERICAN INSTITUTE OF PHYSICS INCORPORATED?
The 990 for the year ended December 31, 2024 names MICHAEL MOLONEY.
Who are the officers and directors of AMERICAN INSTITUTE OF PHYSICS INCORPORATED?
The 990 for the year ended December 31, 2024 lists 35 people; 20 received compensation from the organization, the highest $631,249 (Alexandra Vance, AIPP, CEO).
How much revenue does AMERICAN INSTITUTE OF PHYSICS INCORPORATED have?
On its 990 for the year ended December 31, 2024 it reported revenue of $92,366,805, expenses of $92,639,515 and total assets of $300,823,393 at year end.

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