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Nonprofit · EIN 23-1353269

AMERICAN PHILOSOPHICAL SOCIETY

Tax-exempt · PHILADELPHIA, PA 19106

Financials

$13.3M$14.2M2023$20.4M$15.6M2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN PHILOSOPHICAL SOCIETY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$20,391,804$15,571,638$4,820,166$310,248,157$7,715,566$302,532,591
December 31, 2023990$13,318,942$14,213,316-$894,374$292,035,358$8,222,905$283,812,453
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,265,366
of which government grants
$33,879
Program service revenue
$150,943
Investment income
$16,906,951
Net rental income
$20,255
Net gain from sales of assets
$10,325,167
Other revenue
$68,544

Expenses

Grants and similar amounts paid
$1,754,046
Compensation of officers, directors and key employees
$1,239,765
Other salaries and wages
$3,982,801
Salaries, compensation and benefits (total)
$6,565,971
Professional fundraising fees
$0
Legal fees
$55,363
Accounting fees
$111,332
Occupancy
$909,846
Depreciation
$677,885
Program services (functional)
$11,302,992
Management and general (functional)
$3,472,986
Fundraising (functional)
$795,660

Balance sheet and other

Total assets, start of year
$292,035,358
Total assets, end of year
$310,248,157
Total liabilities, end of year
$7,715,566
Net assets, end of year
$302,532,591
Land, buildings and equipment
$12,342,546
Publicly traded securities
$207,388,639
Net assets without donor restrictions
$41,926,525
Net assets with donor restrictions
$260,606,066
Gross receipts
$38,053,639
Employees
83
Volunteers
174
Year formed
1743
State of legal domicile
PA

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
Dr Robert M HauserCEO
Trustee or director, Officer
40$341,000$35,275
Michelle McDonaldDir of Library
Officer
40$257,373$44,445
John WolfeFinancial Offic
Officer
40$251,750$48,992
Dr Patrick SperoCEO
Officer
40$231,916$29,014
Linda JacobsDevelopment Direct40$192,610$29,601
Gary DavidAsso Dir of Collec40$139,050$37,238
Mary Grace WahlAssoc Dir of Colle40$113,810$46,183
Bayard MillerAssoc Dir of Digit40$120,120$27,041
Linda MusumeciDir of Grants & Fe40$122,802$10,416
Dr Joanna AizenbergCouncilor
Trustee or director
1$0$0
Dr Julia H GaisserCouncilor
Trustee or director
1$0$0
Dr Jacqueline K BartonV.P./Council
Trustee or director, Officer
1$0$0
Dr Dusa McDuffCouncilor
Trustee or director
1$0$0
Dr Clyde F BarkerCouncilor
Trustee or director
1$0$0
Dr Linda K KerberCouncilor
Trustee or director
1$0$0
28 more people on this return
NameTitleHours / weekCompensation
Dr Vijay KumarCouncilor
Trustee or director
1$0
Dr Jianguo LiuCouncilor
Trustee or director
1$0
Dr Anne CaseCouncilor
Trustee or director
1$0
Dr David SkortonCouncilor/Secy
Trustee or director, Officer
1$0
Dr Richard E LenskiCouncilor
Trustee or director
1$0
John S ReedCouncilor
Trustee or director
1$0
Linda GreenhouseCouncilor
Trustee or director
1$0
Dr Nina JablonskiV.P./Council
Trustee or director, Officer
1$0
Sir Mark ThompsonCouncilor
Trustee or director
1$0
Dr Kathleen Hall JamiesonCouncilor
Trustee or director
1$0
Dr Andrew DelbancoCouncilor
Trustee or director
1$0
Dr Paul W KrollCouncilor
Trustee or director
1$0
Dr Leslie C AielloCurator/Council
Trustee or director, Officer
1$0
Mr Richard B WorleyCouncilor
Trustee or director
1$0
Dr Jonathan R ColeCouncilor
Trustee or director
1$0
Dr Ronald M FairmanCouncilor
Trustee or director
1$0
Margaret H MarshallCouncilor
Trustee or director
1$0
Dr Marna C WhittingtonCouncilor/Treas
Trustee or director, Officer
1$0
Dr Alan S BlinderCouncilor
Trustee or director
1$0
Robert James MillerCouncilor
Trustee or director
1$0
Dr Harriet ZuckermanCouncilor
Trustee or director
1$0
Dr David HollingerCouncilor
Trustee or director
1$0
Dr Keith S ThomsonCurator/Council
Trustee or director, Officer
1$0
Dr Roger S BagnallPres/Councilor
Trustee or director, Officer
1$0
Dr William H HookeCouncilor
Trustee or director
1$0
Dr Caroline W BynumCouncilor/V.P.
Trustee or director, Officer
1$0
Dr Douglas S MasseyCouncilor
Trustee or director
1$0
Dr John C Van HorneCouncilor
Trustee or director
1$0
990 for the year ended December 31, 2023: 35 people
NameTitleHours / weekCompensationOther / benefits
Dr Robert M HauserExc Officer
Trustee or director, Officer
40$284,921$29,960
John WolfeFinancial Offic
Officer
40$245,722$34,226
Linda JacobsDevelopment Direct40$187,552$27,916
Patrick SperoLibrarian
Officer
40$145,944$33,576
Ann WestcottMeetings Director40$139,607$17,607
Nora MonroeMembership Directo40$133,773$17,790
Dr Joanna AizenbergCouncilor
Trustee or director
1$0$0
Dr Julia H GaisserCouncilor
Trustee or director
1$0$0
Dr Jacqueline K BartonV.P./Council
Trustee or director, Officer
1$0$0
Dr Dusa McDuffCouncilor
Trustee or director
1$0$0
Dr Clyde F BarkerCouncilor
Trustee or director
1$0$0
Dr Linda K KerberCouncilor
Trustee or director
1$0$0
Dr Jianguo LiuCouncilor
Trustee or director
1$0$0
Dr Anne CaseCouncilor
Trustee or director
1$0$0
Dr David SkortonCouncilor/Secy
Trustee or director, Officer
1$0$0
Dr Richard E LenskiCouncilor
Trustee or director
1$0$0
John S ReedCouncilor
Trustee or director
1$0$0
Linda GreenhouseCouncilor
Trustee or director
1$0$0
Dr Nina JablonskiV.P./Council
Trustee or director, Officer
1$0$0
Sir Mark ThompsonCouncilor
Trustee or director
1$0$0
Dr Kathleen Hall JamiesonCouncilor
Trustee or director
1$0$0
Dr Andrew DelbancoCouncilor
Trustee or director
1$0$0
Dr John C Van HorneCouncilor
Trustee or director
1$0$0
Dr Leslie C AielloCurator/Council
Trustee or director, Officer
1$0$0
Mr Richard B WorleyCouncilor
Trustee or director
1$0$0
Dr Jonathan R ColeCouncilor
Trustee or director
1$0$0
Dr William H HookeCouncilor
Trustee or director
1$0$0
Margaret H MarshallCouncilor
Trustee or director
1$0$0
Dr Marna C WhittingtonCouncilor/Treas
Trustee or director, Officer
1$0$0
Dr Alan S BlinderCouncilor
Trustee or director
1$0$0
Dr Harriet ZuckermanCouncilor
Trustee or director
1$0$0
Dr Douglas S MasseyCouncilor
Trustee or director
1$0$0
Dr Keith S ThomsonCurator/Council
Trustee or director, Officer
1$0$0
Dr Roger S BagnallPres/Councilor
Trustee or director, Officer
1$0$0
Dr Caroline W BynumCouncilor/V.P.
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
104 S 5TH ST, PHILADELPHIA, PA 19106-3309
Principal officer (990 for 2024)
Dr Patrick Spero, 104 SOUTH FIFTH STREET, PHILADELPHIA, PA 191063387
Signed the 990
Dr Patrick Spero, CEO
Phone
(215) 440-3400
Return prepared by
Howe Keller & Hunter PC

Mission

The American Philosophical Society, the oldest learned society in the United States, was founded in 1743 by Benjamin Franklin for the purpose of "promoting useful knowledge." In the 21st century the Society sustains this mission in three principal ways. It honors and engages distinguished scientists, humanists, social scientists, and leaders in civic and cultural affairs through elected membership and opportunities for interdisciplinary, intellectual fellowship, particularly in the semi-annual Meetings in Philadelphia. It supports research and discovery through grants and fellowships, lectures, publications, prizes, exhibitions, and public education. It serves scholars through a research library of manuscripts and other collections internationally recognized for their enduring historic value. The American Philosophical Society's current activities reflect the founder's spirit of inquiry, provide a forum for the free exchange of ideas, and convey the conviction of its members that intel

990 for the year ended December 31, 2024

Program accomplishments

  • The Society's printed Yearbook for 2024 gives a complete account of the Society's activities. A copy will be furnished upon request. Details concerning contributions and research grants are on hand and are available for inspection at the Society's office.
    Expenses $11,302,992 · grants $1,754,046 · revenue $150,943

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
23-1353269
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
1934
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$310,248,157
Income (IRS master file)
$38,053,639

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$20,391,804$15,571,638$310,248,157XML
990-TDecember 2024–––IRS
990December 2023$13,318,942$14,213,316$292,035,358XML
990-TDecember 2023–––IRS
990December 2022$12,299,474$13,165,105$267,448,047IRS
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 23-1353269).

Questions about AMERICAN PHILOSOPHICAL SOCIETY

What is the EIN of AMERICAN PHILOSOPHICAL SOCIETY?
The employer identification number (EIN) of AMERICAN PHILOSOPHICAL SOCIETY is 23-1353269.
Is AMERICAN PHILOSOPHICAL SOCIETY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1934.
Are donations to AMERICAN PHILOSOPHICAL SOCIETY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMERICAN PHILOSOPHICAL SOCIETY 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 PHILOSOPHICAL SOCIETY 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 PHILOSOPHICAL SOCIETY 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 PHILOSOPHICAL SOCIETY?
The 990 for the year ended December 31, 2024 names Dr Patrick Spero.
Who are the officers and directors of AMERICAN PHILOSOPHICAL SOCIETY?
The 990 for the year ended December 31, 2024 lists 43 people; 9 received compensation from the organization, the highest $341,000 (Dr Robert M Hauser, CEO).
How much revenue does AMERICAN PHILOSOPHICAL SOCIETY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $20,391,804, expenses of $15,571,638 and total assets of $310,248,157 at year end.

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