Totals
- Total revenue
- $71,212,099
- Total expenses
- $71,210,235
- Contributions and grants received
- $8,778,170
- Grants paid
- $2,873,523
- Program service revenue
- $56,972,782
- Investment income
- $5,335,883
- Other revenue
- $125,264
- Total assets, end of year
- $262,299,827
- Total liabilities, end of year
- $34,422,029
- Net assets or fund balances, end of year
- $227,877,798
- Program services expenses (Part IX)
- $62,366,772
- Management and general expenses
- $7,933,920
- Fundraising expenses
- $909,543
- Program service expenses (Part III)
- $62,366,772
Program services were 87.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$4,086,034
-
1e · Government grants (contributions)
$2,255,770
-
1f · All other contributions, gifts and grants
$2,436,366
-
2a · Program service revenue: RESEARCH PUBLICATIONS
total $42,909,024 · related or exempt $42,909,024
-
2b · Program service revenue: SCIENTIFIC MEETINGS
total $9,119,947 · related or exempt $9,119,947
-
2c · Program service revenue: PUBLIC AFFAIRS PROGRAMS
total $4,956,336 · related or exempt $4,800,420 · unrelated business $155,916
-
2d · Program service revenue: MEMBERSHIP OPERATIONS
total -$12,525 · related or exempt -$38,770 · unrelated business $26,245
-
3 · Investment income
total $6,673,970 · excluded $6,673,970
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $125,264 · excluded $125,264
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $22,576,460
-
7b · Less cost or other basis and sales expenses
securities $23,914,547
-
7c · Gain or loss
securities -$1,338,087
-
7d · Net gain or loss
total -$1,338,087 · excluded -$1,338,087
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,424,564 · program services $1,424,564
-
2 · Grants to domestic individuals
total $1,268,775 · program services $1,268,775
-
3 · Grants to foreign organizations and individuals
total $180,184 · program services $180,184
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $3,119,596 · program services $2,301,993 · management and general $741,000 · fundraising $76,603
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $25,170,327 · program services $21,328,699 · management and general $3,379,487 · fundraising $462,141
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $6,719,322 · program services $5,551,795 · management and general $1,039,472 · fundraising $128,055
-
10 · Payroll taxes
total $1,855,347 · program services $1,557,209 · management and general $261,266 · fundraising $36,872
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $421,289 · program services $327,138 · management and general $87,964 · fundraising $6,187
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $11,131,858 · program services $10,356,728 · management and general $722,839 · fundraising $52,291
-
12 · Advertising and promotion
total $286,578 · program services $218,119 · management and general $62,911 · fundraising $5,548
-
13 · Office expenses
total $4,135,284 · program services $3,363,340 · management and general $722,572 · fundraising $49,372
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $1,799,651 · program services $1,385,985 · management and general $388,769 · fundraising $24,897
-
17 · Travel
total $1,664,940 · program services $1,533,158 · management and general $118,737 · fundraising $13,045
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $8,998,583 · program services $8,923,320 · management and general $50,000 · fundraising $25,263
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $170,462 · program services $147,584 · management and general $21,501 · fundraising $1,377
-
23 · Insurance
total $220,888 · program services $155,329 · management and general $61,613 · fundraising $3,946
-
24a · Other expenses: OTHER PERSONNEL COSTS
total $670,902 · program services $493,335 · management and general $166,787 · fundraising $10,780
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $434,345 · program services $416,370 · management and general $11,228 · fundraising $6,747
-
24c · Other expenses: MISCELLANEOUS EXPENSES
total $1,537,340 · program services $1,433,147 · management and general $97,774 · fundraising $6,419
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,499,570 · end of year $7,419,676
-
2 · Savings and temporary cash investments
beginning of year $17,567,277 · end of year $16,812,644
-
3 · Pledges and grants receivable
beginning of year $77,004 · end of year $40,638
-
4 · Accounts receivable
beginning of year $3,393,499 · end of year $5,119,488
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $3,014,860 · end of year $3,072,461
-
10a · Land, buildings and equipment: cost or other basis
$2,145,359
-
10b · Land, buildings and equipment: accumulated depreciation
$1,523,956
-
10c · Land, buildings and equipment, net
beginning of year $690,156 · end of year $621,403
-
11 · Investments: publicly traded securities
beginning of year $235,580,885 · end of year $206,491,132
-
12 · Investments: other securities
beginning of year $28,948,874 · end of year $19,721,901
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $695,357 · end of year $3,000,484
-
17 · Accounts payable and accrued expenses
beginning of year $16,745,459 · end of year $17,088,468
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $9,720,841 · end of year $17,333,561
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $248,269,432 · end of year $207,062,122
-
28 · Net assets with donor restrictions
beginning of year $19,731,750 · end of year $20,815,676
Mission and programs · 2022
Mission
THE AMERICAN PHYSICAL SOCIETY IS AN EDUCATIONAL AND SCIENTIFIC ORGANIZATION WHOSE OBJECTIVE IS THE ADVANCEMENT AND DIFFUSION OF THE KNOWLEDGE OF PHYSICS. APS IS A MEMBERSHIP ASSOCIATION WHICH PUBLISHES PHYSICS JOURNALS, CONDUCTS SCIENTIFIC MEETINGS, AND ENGAGES IN EDUCATIONAL, PUBLIC AFFAIRS AND OUTREACH PROGRAMS.
Activities or mission (Part I)
TO ADVANCE AND DIFFUSE THE KNOWLEDGE OF PHYSICS FOR THE BENEFIT OF HUMANITY, PROMOTE PHYSICS, AND SERVE THE BROADER PHYSICS COMMUNITY.
-
PHYSICS RESEARCH PROGRAMS: RESEARCH PUBLICATIONS
Expenses $30,769,979 · Grants $220 · Revenue $47,601,160
-
PHYSICS RESEARCH PROGRAMS: SCIENTIFIC MEETINGS
Expenses $12,785,322 · Grants $116,405 · Revenue $9,245,211
-
PHYSICS RESEARCH PROGRAMS: EDUCATION AND OUTREACH
Expenses $10,464,793 · Grants $1,802,458 · Revenue $4,956,336
-
PHYSICS RESEARCH PROGRAMS: MEMBERSHIP OPERATIONS
Expenses $7,597,635 · Grants $221,296 · Revenue $4,073,509
-
PHYSICS RESEARCH PROGRAMS: PRIZES AND AW
Expenses $747,991 · Grants $729,645
-
Other Difference
Expenses $1,052 · Grants $3,500 · Revenue -$8,903,435
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
JONATHAN BAGGER
CHIEF EXECUTIVE OFFICER
- Total calculated
- $677,853
- From this org
- $628,757
- From related orgs
- $0
- Other
- $49,096
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $597,557
- Bonus
- $30,000
- Other
- $1,200
- Deferred
- $24,400
- Nontaxable benefits
- $24,696
- Filer's total
- $677,853
-
MICHAEL THOENNESSEN
EDITOR-IN-CHIEF (THRU 08/22)
- Total calculated
- $663,813
- From this org
- $628,652
- From related orgs
- $0
- Other
- $35,161
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $210,002
- Bonus
- $24,000
- Other
- $394,650
- Deferred
- $18,720
- Nontaxable benefits
- $16,441
- Filer's total
- $663,813
-
JANE HOPKINS GOULD
CFOO
- Total calculated
- $365,999
- From this org
- $322,867
- From related orgs
- $0
- Other
- $43,132
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $320,667
- Bonus
- $1,000
- Other
- $1,200
- Deferred
- $24,400
- Nontaxable benefits
- $18,732
- Filer's total
- $365,999
-
MARK DOYLE
CHIEF INFORMATION OFFICER
- Total calculated
- $357,924
- From this org
- $299,964
- From related orgs
- $0
- Other
- $57,960
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $298,764
- Bonus
- $0
- Other
- $1,200
- Deferred
- $24,190
- Nontaxable benefits
- $33,770
- Filer's total
- $357,924
-
FRANCIS SLAKEY
CHIEF EXTERNAL AFFAIRS OFFICER
- Total calculated
- $330,464
- From this org
- $274,559
- From related orgs
- $0
- Other
- $55,905
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $270,859
- Bonus
- $0
- Other
- $3,700
- Deferred
- $22,135
- Nontaxable benefits
- $33,770
- Filer's total
- $330,464
-
BETH GUNZEL
CHIEF HUMAN RESOURCES OFFICER
- Total calculated
- $302,535
- From this org
- $248,060
- From related orgs
- $0
- Other
- $54,475
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $246,860
- Bonus
- $0
- Other
- $1,200
- Deferred
- $20,705
- Nontaxable benefits
- $33,770
- Filer's total
- $302,535
-
JEFF LEWANDOWSKI
DIRECTOR OF PUBLISHING
- Total calculated
- $254,098
- From this org
- $203,560
- From related orgs
- $0
- Other
- $50,538
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $195,360
- Bonus
- $7,000
- Other
- $1,200
- Deferred
- $16,768
- Nontaxable benefits
- $33,770
- Filer's total
- $254,098
-
LENNY MARKS
TECHNICAL LEAD
- Total calculated
- $251,723
- From this org
- $201,261
- From related orgs
- $0
- Other
- $50,462
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $190,061
- Bonus
- $10,000
- Other
- $1,200
- Deferred
- $16,692
- Nontaxable benefits
- $33,770
- Filer's total
- $251,723
-
AMY FLATTEN
DIR OF INTERNATIONAL AFFAIRS
- Total calculated
- $246,748
- From this org
- $217,103
- From related orgs
- $0
- Other
- $29,645
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $215,903
- Bonus
- $0
- Other
- $1,200
- Deferred
- $17,297
- Nontaxable benefits
- $12,348
- Filer's total
- $246,748
-
CHRISTINE GIACCONE
DIR OF JOURNAL OPERATIONS
- Total calculated
- $244,148
- From this org
- $226,273
- From related orgs
- $0
- Other
- $17,875
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $225,073
- Bonus
- $0
- Other
- $1,200
- Deferred
- $17,875
- Nontaxable benefits
- $0
- Filer's total
- $244,148
-
MONICA PLISCH
DIR OF APS PROGRAMS
- Total calculated
- $235,502
- From this org
- $218,200
- From related orgs
- $0
- Other
- $17,302
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $216,000
- Bonus
- $0
- Other
- $2,200
- Deferred
- $17,302
- Nontaxable benefits
- $0
- Filer's total
- $235,502
-
JAMES TAYLOR
COO (THRU 07/22)
- Total calculated
- $222,769
- From this org
- $202,720
- From related orgs
- $0
- Other
- $20,049
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $160,423
- Bonus
- $0
- Other
- $42,297
- Deferred
- $12,877
- Nontaxable benefits
- $7,172
- Filer's total
- $222,769
-
JEANETTE RUSSO
CORPORATE SECRETARY
- Total calculated
- $198,240
- From this org
- $151,951
- From related orgs
- $0
- Other
- $46,289
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,751
- Bonus
- $8,000
- Other
- $2,200
- Deferred
- $12,519
- Nontaxable benefits
- $33,770
- Filer's total
- $198,240
-
SYLVESTER JAMES GATES JR
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 20
-
FRANCES HELLMAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 40
-
ROBERT ROSNER
PRESIDENT-ELECT
- Total calculated
- $0
- Hours/week
- 5
-
YOUNG-KEE KIM
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
JAMES HOLLENHORST
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
BEVERLY KARPLUS HARTLINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
NORA BERRAH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
KAREN HALLBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
ROBERT MCKEOWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
AMITAVA BHATTACHARJEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
LAURIE MCNEIL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
LANELL WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
ROBIN SELINGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
PETER SHIFFER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
Answered no
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- SCHEDULE J, PART I, LINE 4A:
- MICHAEL THOENNESSEN, EDITOR-IN-CHIEF, RECEIVED SEVERANCE PAYMENT IN THE AMOUNT OF $394,650.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$86,106
Programs - Sub Awards
-
$78,321
Programs - Sub Awards
-
$55,791
Programs - Sub Awards
-
$45,000
Prize & Award Stipends
-
Prize & Award Stipends
-
Florida International University
$28,762
Programs - Sub Awards
-
$26,250
Prize & Award Stipends
-
$19,084
Programs - Sub Awards
-
Prize & Award Stipends
-
$7,560
Programs - Sub Awards
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333189349308698
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.