Nonprofit · EIN 13-3243728
THE APPRAISAL INSTITUTE OF AMERICA INC
Tax-exempt · NEW YORK, NY 10001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $842,285 | $765,511 | $76,774 | $1,787,302 | $912,050 | $875,252 |
| June 30, 2024 | 990 | $757,097 | $801,166 | -$44,069 | $1,442,260 | $645,498 | $796,762 |
| June 30, 2023 | 990 | $626,128 | $711,926 | -$85,798 | $1,478,357 | $638,572 | $839,785 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $138,711
- Program service revenue
- $587,151
- Investment income
- $25,818
- Net gain from sales of assets
- $4,192
- Net income from fundraising events
- -$16,725
- Net income from sales of inventory
- $107,330
- Other revenue
- $90,605
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $141,973
- Other salaries and wages
- $157,953
- Salaries, compensation and benefits (total)
- $356,800
- Professional fundraising fees
- $0
- Accounting fees
- $17,250
- Occupancy
- $28,847
- Travel
- $20,763
- Program services (functional)
- $604,238
- Management and general (functional)
- $121,400
- Fundraising (functional)
- $39,873
Balance sheet and other
- Total assets, start of year
- $1,442,260
- Total assets, end of year
- $1,787,302
- Total liabilities, end of year
- $912,050
- Net assets, end of year
- $875,252
- Net assets without donor restrictions
- $875,252
- Gross receipts
- $1,315,395
- Employees
- 0
- Volunteers
- 25
- Year formed
- 1983
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LINDA SELVIN | EXECUTIVE DIRECTOR Officer | 18 | $82,250 | $82,250 | $29,808 |
| CYNTHIA D HERBERT | DIRECTOR Trustee or director | 1 | $10,614 | $10,428 | $0 |
| SHARON CHRUST | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 1 | $8,500 | $0 | $0 |
| DEBORAH E ZAFMAN PHD | DIRECTOR Trustee or director | 1 | $6,500 | $0 | $0 |
| SUSAN HUNTER | 2ND VICE PRESIDENT Trustee or director, Officer | 1 | $100 | $2,912 | $0 |
| DEBORAH GERSTLER SPANIERMAN | PARLIAMENTARIAN Trustee or director, Officer | 1 | $2,600 | $0 | $0 |
| SUZANNE SMEATON | RECORDING SECRETARY Trustee or director, Officer | 1 | $2,500 | $0 | $0 |
| LARK MASON | DIRECTOR Trustee or director | 1 | $2,500 | $0 | $0 |
| EDWARD YEE | PRESIDENT Trustee or director, Officer | 1 | $2,100 | $0 | $0 |
| NICHOLAS M DAWES | DIRECTOR Trustee or director | 1 | $2,000 | $0 | $0 |
| MOLLY SEILER | 1ST VICE PRESIDENT Trustee or director, Officer | 1 | $500 | $0 | $0 |
| HELEN HALL | DIRECTOR Trustee or director | 1 | $100 | $0 | $0 |
| KAREN TALLACKSON BACON | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JAY GRIMM | CORRESPONDING SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PAMELA BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES CURTIS | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS LECKY | DIRECTOR Trustee or director | 1 | $0 |
| MIREYA LEWIN | DIRECTOR Trustee or director | 1 | $0 |
| ELIZABETH LITTLEJOHN | DIRECTOR Trustee or director | 1 | $0 |
| MEE-SEEN LOONG | DIRECTOR Trustee or director | 1 | $0 |
| TODD SELL | DIRECTOR Trustee or director | 1 | $0 |
| REAGAN UPSHAW | DIRECTOR Trustee or director | 1 | $0 |
| CARINA VILLINGER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 23 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LINDA SELVIN | EXECUTIVE DIRECTOR Officer | 18 | $82,135 | $82,136 | $27,232 |
| CYNTHIA D HERBERT | DIRECTOR Trustee or director | 1 | $7,976 | $10,010 | $0 |
| SHARON CHRUST | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 1 | $8,500 | $0 | $0 |
| DEBORAH GERSTLER SPANIERMAN | PARLIAMENTARIAN Trustee or director, Officer | 1 | $4,500 | $0 | $0 |
| SUSAN HUNTER | 2ND VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $2,912 | $0 |
| NICHOLAS M DAWES | DIRECTOR Trustee or director | 1 | $2,500 | $0 | $0 |
| LARK MASON | DIRECTOR Trustee or director | 1 | $2,500 | $0 | $0 |
| SUZANNE SMEATON | RECORDING SECRETARY Trustee or director, Officer | 1 | $1,000 | $0 | $0 |
| BENJAMIN FARINA | DIRECTOR Trustee or director | 1 | $1,000 | $0 | $0 |
| EDWARD YEE | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MOLLY SEILER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KAREN TALLACKSON BACON | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JAY GRIMM | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| HELEN HALL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PAMELA BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES CURTIS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| THOMAS LECKY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIREYA LEWIN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CARMEN MELIAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ERIC SILVER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CARINA VILLINGER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| REAGAN UPSHAW | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DEBORAH E ZAFMAN PHD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 23 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LINDA SELVIN | EXECUTIVE DIRECTOR Officer | 18 | $76,687 | $76,688 | $27,364 |
| CYNTHIA D HERBERT | DIRECTOR Trustee or director | 1 | $6,400 | $10,128 | $0 |
| SHARON CHRUST | PRESIDENT Trustee or director, Officer | 1 | $6,000 | $0 | $0 |
| SUSAN HUNTER | RECORDING SECRETARY Trustee or director, Officer | 1 | $0 | $2,912 | $0 |
| SUZANNE SMEATON | VICE PRESIDENT Trustee or director, Officer | 1 | $2,500 | $0 | $0 |
| LARK MASON | IMMEDIATE PAST PRESIDENT Trustee or director, Officer | 1 | $2,500 | $0 | $0 |
| DEBORAH E ZAFMAN PHD | DIRECTOR Trustee or director | 1 | $2,000 | $0 | $0 |
| EDWARD YEE | TREASURER Trustee or director, Officer | 1 | $1,000 | $0 | $0 |
| NICHOLAS M DAWES | DIRECTOR Trustee or director | 1 | $1,000 | $0 | $0 |
| BENJAMIN FARINA | DIRECTOR Trustee or director | 1 | $1,000 | $0 | $0 |
| MOLLY SEILER | 2ND VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BETTY KRULIK | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DEBORAH GERSTLER SPANIERMAN | PARLIAMENTARIAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KAREN TALLACKSON BACON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PAMELA BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES CURTIS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAY GRIMM | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| THOMAS LECKY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MIREYA LEWIN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CARMEN MELIAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ERIC SILVER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CARINA VILLINGER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RICK WESTER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 212 WEST 35TH STREET 11TH FLOOR, NEW YORK, NY 10001-2576
- Principal officer (990 for 2024)
- LINDA SELVIN, 212 WEST 35TH STREET 11TH FLOOR, NEW YORK, NY 10001
- Signed the 990
- LINDA SELVIN, EXECUTIVE DIRECTOR
- Phone
- (212) 889-5404
- Return prepared by
- CONDON O'MEARA MCGINTY & DONNELLY LLP
Mission
SEE SCHEDULE O
Program accomplishments
- THE AIA PROVIDES EDUCATIONAL PROGRAMMING FOR ALL LEVELS OF MEMBERSHIP AND TO THE GENERAL PUBLIC IN THE AREAS OF CONNOISSEURSHIP AND THEORY AND METHODOLOGY. ADDITIONALLY, THE AIA OFFERS A CERTIFICATE COURSE TITLED THE COMPREHENSIVE APPRAISAL STUDIES PROGRAM. CASP PROVIDES PROSPECTIVE APPRAISERS AND ARTS PROFESSIONALS WITH LIMITED ART MARKET EXPERIENCE--SUCH AS MUSEUM STAFF (DIRECTORS, CURATORS, COLLECTIONS MANAGERS, REGISTRARS), INSURANCE PROFESSIONALS (BROKERS AND ADJUSTERS), CONSERVATORS, ATTORNEYS, IRS PERSONNEL, FINANCE PROFESSIONALS, AND OTHERS--WITH A THOROUGH UNDERSTANDING OF THE PRACTICES AND STANDARDS REQUIRED TO BECOME QUALIFIED APPRAISERS. THE PROGRAM DEVELOPS THE ESSENTIAL KNOWLEDGE AND COMPETENCIES NEEDED TO EVALUATE AND APPRAISE FINE AND DECORATIVE ARTS, AS WELL AS OTHER TYPES OF PERSONAL PROPERTY.Expenses $604,238 · revenue $694,481
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3243728
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1985
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S410)
- Assets (IRS master file)
- $1,787,302
- Income (IRS master file)
- $1,315,395
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $842,285 | $765,511 | $1,787,302 | IRS |
| 990 | June 2024 | $757,097 | $801,166 | $1,442,260 | XML |
| 990 | June 2023 | $626,128 | $711,926 | $1,478,357 | XML |
| 990 | June 2022 | $680,854 | $535,933 | $1,267,917 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 13-3243728).
Questions about THE APPRAISAL INSTITUTE OF AMERICA INC
- What is the EIN of THE APPRAISAL INSTITUTE OF AMERICA INC?
- The employer identification number (EIN) of THE APPRAISAL INSTITUTE OF AMERICA INC is 13-3243728.
- Is THE APPRAISAL INSTITUTE OF AMERICA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to THE APPRAISAL INSTITUTE OF AMERICA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE APPRAISAL INSTITUTE OF AMERICA INC 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 THE APPRAISAL INSTITUTE OF AMERICA INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE APPRAISAL INSTITUTE OF AMERICA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE APPRAISAL INSTITUTE OF AMERICA INC?
- The 990 for the year ended June 30, 2025 names LINDA SELVIN.
- Who are the officers and directors of THE APPRAISAL INSTITUTE OF AMERICA INC?
- The 990 for the year ended June 30, 2025 lists 23 people; 12 received compensation from the organization, the highest $82,250 (LINDA SELVIN, EXECUTIVE DIRECTOR).
- How much revenue does THE APPRAISAL INSTITUTE OF AMERICA INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $842,285, expenses of $765,511 and total assets of $1,787,302 at year end.
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