Form 990 for tax year 2022
Filed by AMERICAN CENTER FOR PHYSICS INC.
Totals
- Total revenue
- $2,789,791
- Total expenses
- $2,404,745
- Contributions and grants received
- $59,165
- Grants paid
- $20,000
- Program service revenue
- $2,472,017
- Investment income
- $258,609
- Other revenue
- $0
- Total assets, end of year
- $25,354,425
- Total liabilities, end of year
- $589,065
- Net assets or fund balances, end of year
- $24,765,360
- Program services expenses (Part IX)
- $2,404,745
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,404,745
Program services were 100.0% 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.
-
1d · Related organizations
$59,165
-
2a · Program service revenue: PROGRAM RENTAL INCOME
total $2,472,017 · related or exempt $2,472,017
-
3 · Investment income
total $258,609 · excluded $258,609
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
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 $20,000 · program services $20,000
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0 · program services $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $138,774 · program services $138,774
-
11b · Fees: legal
total $64,886 · program services $64,886
-
11c · Fees: accounting
total $115,174 · program services $115,174
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $1,800 · program services $1,800
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $37,589 · program services $37,589
-
14 · Information technology
total $62,646 · program services $62,646
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $6,775 · program services $6,775
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $2,044 · program services $2,044
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $209,667 · program services $209,667
-
23 · Insurance
total $59,341 · program services $59,341
-
24a · Other expenses: BUILDING OPERATING EXPENSES
total $1,305,038 · program services $1,305,038
-
24b · Other expenses: SHARED SERVICES EXPENSES
total $378,302 · program services $378,302
-
24c · Other expenses: OTHER
total $2,709 · program services $2,709
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $3,483,482 · end of year $2,220,046
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $0 · end of year $80,433
-
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 $1,239 · end of year $189,902
-
10a · Land, buildings and equipment: cost or other basis
$13,671,230
-
10c · Land, buildings and equipment, net
beginning of year $12,979,028 · end of year $13,671,230
-
11 · Investments: publicly traded securities
beginning of year $10,192,725 · end of year $8,686,055
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
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 $150,026 · end of year $506,759
-
17 · Accounts payable and accrued expenses
beginning of year $134,815 · end of year $269,912
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
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 $557,612 · end of year $319,153
-
27 · Net assets without donor restrictions
beginning of year $26,114,073 · end of year $24,765,360
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
AMERICAN CENTER FOR PHYSICS, INC. ACP IS ORGANIZED TO OPERATE A FACILITY TO PROVIDE A NATIONAL CENTER FOR PHYSICS TO ASSURE THE ADVANCEMENT AND DIFFUSION OF THE KNOWLEDGE OF PHYSICS AND RELATED SCIENCES.
Activities or mission (Part I)
AMERICAN CENTER FOR PHYSICS, INC. OPERATES A FACILITY TO PROVIDE A NATIONAL CENTER FOR PHYSICS AND RELATED SCIENCES.
-
ACP PROVIDES A COLLABORATIVE OPPORTUNITY FOR ALL OF THE PHYSICAL SCIENCES TO COME TOGETHER IN ONE LOCATION. ACP PROVIDES SPACE FOR MEETINGS, EXHIBITS, ASSEMBLYS AND OTHER TYPES OF GATHERINGS DURING THE YEAR. ACP IS HEADQUARTERS FOR THE THREE MEMBERS.
Expenses $2,404,745 · Grants $20,000 · Revenue $2,472,017
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
DIRECTOR
- Total calculated
- $677,853
- From this org
- $0
- From related orgs
- $628,757
- Other
- $49,096
- Hours/week
- 3 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $597,557 related
- Bonus
- $0 + $30,000 related
- Other
- $0 + $1,200 related
- Deferred
- $0 + $24,400 related
- Nontaxable benefits
- $0 + $24,696 related
- Filer's total
- $0 + $677,853 related
-
MICHAEL H MOLONEY
DIRECTOR
- Total calculated
- $594,646
- From this org
- $0
- From related orgs
- $544,406
- Other
- $50,240
- Hours/week
- 3 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $433,856 related
- Bonus
- $0 + $89,150 related
- Other
- $0 + $21,400 related
- Deferred
- $0 + $30,500 related
- Nontaxable benefits
- $0 + $19,740 related
- Filer's total
- $0 + $594,646 related
-
CATHERINE G SWARTZ
TREASURER
- Total calculated
- $427,021
- From this org
- $0
- From related orgs
- $378,343
- Other
- $48,678
- Hours/week
- 7 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $331,299 related
- Bonus
- $0 + $24,050 related
- Other
- $0 + $22,994 related
- Deferred
- $0 + $29,000 related
- Nontaxable benefits
- $0 + $19,678 related
- Filer's total
- $0 + $427,021 related
-
JANE HOPKINS GOULD
SECRETARY
- Total calculated
- $364,999
- From this org
- $0
- From related orgs
- $321,867
- Other
- $43,132
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $319,667 related
- Bonus
- $0 + $1,000 related
- Other
- $0 + $1,200 related
- Deferred
- $0 + $24,400 related
- Nontaxable benefits
- $0 + $18,732 related
- Filer's total
- $0 + $364,999 related
-
BETH A CUNNINGHAM
PRESIDENT
- Total calculated
- $320,055
- From this org
- $0
- From related orgs
- $252,804
- Other
- $67,251
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $252,804 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $30,089 related
- Nontaxable benefits
- $0 + $37,162 related
- Filer's total
- $0 + $320,055 related
-
JAMES TAYLOR
Secretary
- Total calculated
- $222,769
- From this org
- $0
- From related orgs
- $202,720
- Other
- $20,049
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $201,820 related
- Bonus
- $0
- Other
- $0 + $900 related
- Deferred
- $0 + $12,877 related
- Nontaxable benefits
- $0 + $7,172 related
- Filer's total
- $0 + $222,769 related
-
MICHAEL BROSNAN
DIRECTOR
- Total calculated
- $201,848
- From this org
- $0
- From related orgs
- $146,804
- Other
- $55,044
- Hours/week
- 3 + 4 related
Schedule J breakdown matched by us
- Base
- $0 + $146,804 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $15,578 related
- Nontaxable benefits
- $0 + $39,466 related
- Filer's total
- $0 + $201,848 related
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
None.
Answered no
- 4a · Severance or change-of-control payment
- 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
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
-
$20,000
COMMUNITY SUPPORT
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
AMERICAN INSTITUTE OF PHYSICS INC
501(C)(3) · MBR ORGNZTN · NY
Directly controlled by NA
-
501(C)(3) · MBR ORGNZTN · DC
Directly controlled by NA
-
AMERICAN ASSOCIATION OF PHYSICS TEACHERS
501(C)(3) · MBR ORGNZTN · NY
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 31 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303079349300405
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