Form 990 for tax year 2024
Filed by AMERICAN INSTITUTE OF AERONAUTICS AND ASTRONAUTICS.
Totals
- Total revenue
- $26,094,614
- Total expenses
- $26,104,500
- Contributions and grants received
- $30,962
- Grants paid
- $13,100
- Program service revenue
- $22,180,655
- Investment income
- $3,239,572
- Other revenue
- $643,425
- Total assets, end of year
- $44,907,388
- Total liabilities, end of year
- $9,455,429
- Net assets or fund balances, end of year
- $35,451,959
- Program services expenses (Part IX)
- $22,907,823
- Management and general expenses
- $3,196,677
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $22,907,823
Program services were 87.8% 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.
-
1f · All other contributions, gifts and grants
$30,962
-
2a · Program service revenue: PUBLICATIONS
total $9,543,067 · related or exempt $9,543,067
-
2b · Program service revenue: CONFERENCES & EDUCATION
total $6,588,693 · related or exempt $6,588,693
-
2c · Program service revenue: MEMBER SERVICES
total $4,132,011 · related or exempt $4,081,692 · unrelated business $50,319
-
2d · Program service revenue: EXHIBITS
total $976,735 · related or exempt $976,735
-
2e · Program service revenue: SPONSORSHIPS
total $900,649 · related or exempt $900,649
-
2f · All other program service revenue
total $39,500 · related or exempt $39,500
-
3 · Investment income
total $1,581,055 · excluded $1,581,055
-
5 · Royalties
total $310,947 · excluded $310,947
-
7a · Gross sales of assets other than inventory
securities $2,845,506
-
7b · Less cost or other basis and sales expenses
securities $1,186,989
-
7c · Gain or loss
securities $1,658,517
-
7d · Net gain or loss
total $1,658,517 · excluded $1,658,517
-
11a · Other revenue: ADVERTISING
total $168,353 · unrelated business $168,353
-
11d · All other revenue
total $164,125 · excluded $164,125
-
11e · Other revenue, total
$332,478
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,000 · program services $2,000
-
2 · Grants to domestic individuals
total $10,350 · program services $10,350
-
3 · Grants to foreign organizations and individuals
total $750 · program services $750
-
5 · Compensation of officers, directors and key employees
total $2,938,289 · program services $2,430,272 · management and general $508,017
-
7 · Other salaries and wages
total $6,585,847 · program services $5,446,985 · management and general $1,138,862
-
8 · Pension plan contributions
total $260,181 · program services $215,283 · management and general $44,898
-
9 · Other employee benefits
total $901,083 · program services $745,590 · management and general $155,493
-
10 · Payroll taxes
total $672,532 · program services $556,477 · management and general $116,055
-
11b · Fees: legal
total $90,851 · management and general $90,851
-
11c · Fees: accounting
total $113,152 · program services $22,688 · management and general $90,464
-
11f · Fees: investment management
total $61,065 · management and general $61,065
-
11g · Fees: other
total $2,557,507 · program services $2,453,930 · management and general $103,577
-
12 · Advertising and promotion
total $893,639 · program services $893,330 · management and general $309
-
13 · Office expenses
total $988,122 · program services $857,050 · management and general $131,072
-
14 · Information technology
total $2,697,937 · program services $2,411,314 · management and general $286,623
-
15 · Royalties
total $67,725 · program services $50,291 · management and general $17,434
-
16 · Occupancy
total $371,702 · program services $307,910 · management and general $63,792
-
17 · Travel
total $473,772 · program services $385,187 · management and general $88,585
-
19 · Conferences, conventions and meetings
total $4,262,573 · program services $4,217,052 · management and general $45,521
-
22 · Depreciation, depletion and amortization
total $167,794 · program services $130,920 · management and general $36,874
-
23 · Insurance
total $114,918 · program services $85,335 · management and general $29,583
-
24a · Other expenses: AWARDS & HONORARIA
total $640,306 · program services $639,149 · management and general $1,157
-
24b · Other expenses: JOURNALS AND PUBLICATIO
total $292,383 · program services $291,781 · management and general $602
-
24c · Other expenses: TAXES & LICENSES
total $233,036 · program services $173,047 · management and general $59,989
-
24d · Other expenses: DUES & SUBSCRIPTIONS
total $119,672 · program services $108,651 · management and general $11,021
-
24e · All other expenses
total $587,314 · program services $472,481 · management and general $114,833
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,848,983 · end of year $928,817
-
4 · Accounts receivable
beginning of year $42,931 · end of year $101,845
-
9 · Prepaid expenses and deferred charges
beginning of year $1,348,184 · end of year $1,566,897
-
10a · Land, buildings and equipment: cost or other basis
$7,598,187
-
10b · Land, buildings and equipment: accumulated depreciation
$7,269,162
-
10c · Land, buildings and equipment, net
beginning of year $385,219 · end of year $329,025
-
11 · Investments: publicly traded securities
beginning of year $39,243,683 · end of year $41,115,285
-
15 · Other assets
beginning of year $1,150,479 · end of year $865,519
-
17 · Accounts payable and accrued expenses
beginning of year $4,439,421 · end of year $3,272,202
-
19 · Deferred revenue
beginning of year $5,319,521 · end of year $5,307,067
-
25 · Other liabilities
beginning of year $1,346,941 · end of year $876,160
-
27 · Net assets without donor restrictions
beginning of year $33,612,596 · end of year $35,147,959
-
28 · Net assets with donor restrictions
beginning of year $301,000 · end of year $304,000
Mission and programs · 2024
Mission
TO ADVANCE THE ARTS, SCIENCES, AND TECHNOLOGY OF AERONAUTICS AND ASTRONAUTICS AND TO NURTURE AND PROMOTE THE PROFESSIONALISM OF THOSE ENGAGED IN THESE PURSUITS. THE INSTITUTE ENCOURAGES ORIGINAL RESEARCH, FOSTERS DISSEMINATION OF NEW KNOWLEDGE, FURTHERS PROFESSIONAL DEVELOPMENT OF THOSE ENGAGED IN SCIENTIFIC AND ENGINEERING ACTIVITIES, IMPROVES PUBLIC UNDERSTANDING OF THE PROFESSION AND ITS CONTRIBUTIONS, FOSTERS EDUCATION IN ENGINEERING AND SCIENCE, PROMOTES COMMUNICATION AMONG ENGINEERS AND SCIENTISTS AND WITH OTHER PROFESSIONAL GROUPS, AND STIMULATES OUTSTANDING PROFESSIONAL ACCOMPLISHMENTS. IT ALSO SERVES THE NEEDS AND PROFESSIONAL INTEREST OF MEMBERS, BRINGING TO BEAR THE SCIENTIFIC AND TECHNICAL CAPABILITIES OF THE PROFESSION IN AREAS OF CONCERN WHERE IT IS EQUIPPED TO CONTRIBUTE, AND UNDERTAKES OTHER MEASURES APPROPRIATE TO ITS MISSION.
Activities or mission (Part I)
THE PURPOSE OF THE INSTITUTE IS TO ADVANCE THE ARTS, SCIENCES, AND TECHNOLOGY OF AERONAUTICS AND ASTRONAUTICS AND TO NURTURE AND PROMOTE THE PROFESSIONALISM OF THOSE ENGAGED IN THESE PURSUITS.
-
TECHNICAL ACTIVITIES (CONFERENCES): THE INSTITUTE CONDUCTS TECHNICAL CONFERENCES AND COURSES THAT PROVIDE A FORUM FOR MEMBERS FROM INDUSTRY, ACADEMIA, AND GOVERNMENT TO PRESENT AND EXCHANGE INFORMATION WITH THEIR PEERS IN THE AEROSPACE COMMUNITY.
Expenses $10,564,481 · Grants $8,752 · Revenue $7,869,807
-
MEMBER SERVICES: INCLUDES CORPORATE AND PROFESSIONAL MEMBER FORUMS AND MEETINGS TO DISCUSS AEROSPACE TECHNICAL AND COMMUNITY ISSUES, SECTION ACTIVITIES, PROFESSIONAL HONORS AND AWARDS, AND DELIVERS ACCESS TO THE AEROSPACE AMERICA PRINT/DIGITAL MAGAZINE.
Expenses $5,152,051 · Grants $1,795 · Revenue $4,718,341
-
TECHNICAL PUBLICATIONS: THE INSTITUTE PUBLISHES EIGHT PEER-REVIEWED SCHOLARLY SCIENTIFIC JOURNALS, TECHNICAL CONFERENCE PROCEEDINGS, STANDARDS AND THREE SERIES OF BOOKS FOR THE AEROSPACE STUDENTS AND PROFESSIONALS. TECHNICAL CONTENT IS AVAILABLE IN A SEARCHABLE DATABASE THE INSTITUTE MAINTAINS.
Expenses $4,578,551 · Grants $1,869 · Revenue $9,542,188
-
OUTREACH
Expenses $2,612,740 · Grants $684
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Daniel L DumbacherDANIEL L DUMBACHER
EXECUTIVE DIRECTOR/SECRETARY (OUTGOING FY25)
- Total calculated
- $502,731
- From this org
- $487,884
- From related orgs
- $0
- Other
- $14,847
- Hours/week
- 37.5 + 1 related
Schedule J breakdown matched by us
- Base
- $371,639
- Bonus
- $110,970
- Other
- $5,275
- Deferred
- $13,800
- Nontaxable benefits
- $1,047
- Filer's total
- $502,731
-
Angelo IasielloANGELO IASIELLO
EVP, STRATEGY AND INTERNATIONAL
- Total calculated
- $465,599
- From this org
- $418,362
- From related orgs
- $0
- Other
- $47,237
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $320,040
- Bonus
- $96,000
- Other
- $2,322
- Deferred
- $13,800
- Nontaxable benefits
- $33,437
- Filer's total
- $465,599
-
Karen RosenblumKAREN ROSENBLUM
SVP, FINANCE, ADMIN & CFO (OUTGOING FY25)
- Total calculated
- $382,994
- From this org
- $340,364
- From related orgs
- $0
- Other
- $42,630
- Hours/week
- 37.5 + 1 related
Schedule J breakdown matched by us
- Base
- $259,850
- Bonus
- $76,950
- Other
- $3,564
- Deferred
- $13,800
- Nontaxable benefits
- $28,830
- Filer's total
- $382,994
-
Dennis SadlerDENNIS SADLER
CHIEF INFORMATION OFFICER
- Total calculated
- $327,160
- From this org
- $283,535
- From related orgs
- $0
- Other
- $43,625
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $231,789
- Bonus
- $50,580
- Other
- $1,166
- Deferred
- $11,567
- Nontaxable benefits
- $32,058
- Filer's total
- $327,160
-
Merrie ScottMERRIE SCOTT
SVP, MEMBERSHIP ENGAGEMENT
- Total calculated
- $248,709
- From this org
- $223,688
- From related orgs
- $0
- Other
- $25,021
- Hours/week
- 37.5 + 1 related
Schedule J breakdown matched by us
- Base
- $185,381
- Bonus
- $36,620
- Other
- $1,687
- Deferred
- $9,118
- Nontaxable benefits
- $15,903
- Filer's total
- $248,709
-
Rodger WilliamsRODGER WILLIAMS
VP, GOVERNANCE AND POLICY
- Total calculated
- $244,775
- From this org
- $202,880
- From related orgs
- $0
- Other
- $41,895
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $180,651
- Bonus
- $20,540
- Other
- $1,689
- Deferred
- $8,484
- Nontaxable benefits
- $33,411
- Filer's total
- $244,775
-
Karen ThomasKAREN THOMAS
VICE PRESIDENT, GLOBAL WORKFORCE & COMMUNITY DEVEL
- Total calculated
- $222,834
- From this org
- $202,725
- From related orgs
- $0
- Other
- $20,109
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $185,448
- Bonus
- $14,730
- Other
- $2,547
- Deferred
- $8,172
- Nontaxable benefits
- $11,937
- Filer's total
- $222,834
-
Maryanne RoyMARYANNE ROY
CHIEF HUMAN RESOURCES OFFICER
- Total calculated
- $212,637
- From this org
- $193,205
- From related orgs
- $0
- Other
- $19,432
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $171,071
- Bonus
- $20,590
- Other
- $1,544
- Deferred
- $7,916
- Nontaxable benefits
- $11,516
- Filer's total
- $212,637
-
Brian TalbotBRIAN TALBOT
SVP, SALES, MARKETING & COMMUNICATIONS
- Total calculated
- $205,622
- From this org
- $197,310
- From related orgs
- $0
- Other
- $8,312
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $179,239
- Bonus
- $17,520
- Other
- $551
- Deferred
- $7,892
- Nontaxable benefits
- $420
- Filer's total
- $205,622
-
Michele DominiakMICHELE DOMINIAK
SVP, PUBLISHING AND EDUCATION
- Total calculated
- $202,719
- From this org
- $183,741
- From related orgs
- $0
- Other
- $18,978
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $166,304
- Bonus
- $16,640
- Other
- $797
- Deferred
- $7,523
- Nontaxable benefits
- $11,455
- Filer's total
- $202,719
-
Christopher SemonCHRISTOPHER SEMON
DIRECTOR, ENTERPRISE ACCOUNTS
- Total calculated
- $195,444
- From this org
- $155,657
- From related orgs
- $0
- Other
- $39,787
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $144,374
- Bonus
- $10,000
- Other
- $1,283
- Deferred
- $6,469
- Nontaxable benefits
- $33,318
- Filer's total
- $195,444
-
Daniel DayDANIEL DAY
MANAGING DIRECTOR, PROFESSIONAL DEVELOPMENT
- Total calculated
- $191,477
- From this org
- $173,996
- From related orgs
- $0
- Other
- $17,481
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $160,433
- Bonus
- $13,060
- Other
- $503
- Deferred
- $6,131
- Nontaxable benefits
- $11,350
- Filer's total
- $191,477
-
Syafrin SetiawanSYAFRIN SETIAWAN
SENIOR IT TECHNICAL MANAGER
- Total calculated
- $188,000
- From this org
- $148,479
- From related orgs
- $0
- Other
- $39,521
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $140,003
- Bonus
- $7,230
- Other
- $1,246
- Deferred
- $6,212
- Nontaxable benefits
- $33,309
- Filer's total
- $188,000
-
Stephen LeeSTEPHEN LEE
SENIOR MANAGER, PRODUCT DEVELOPMENT
- Total calculated
- $187,506
- From this org
- $168,285
- From related orgs
- $0
- Other
- $19,221
- Hours/week
- 37.5
Schedule J breakdown matched by us
- Base
- $156,000
- Bonus
- $10,920
- Other
- $1,365
- Deferred
- $6,828
- Nontaxable benefits
- $12,393
- Filer's total
- $187,506
-
Eugene MowryEUGENE MOWRY
CEO/SECRETARY (INCOMING FY25)
- Total calculated
- $107,251
- From this org
- $107,142
- From related orgs
- $0
- Other
- $109
- Hours/week
- 37.5 + 1 related
-
Linda MontgomeryLINDA MONTGOMERY
CHIEF FINANCIAL OFFICER (INCOMING FY25)
- Total calculated
- $0
- Hours/week
- 37.5 + 1 related
-
Daniel HastingsDANIEL HASTINGS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Laura McGillLAURA MCGILL
IMMEDIATE PAST PRESIDENT (OUTGOING FY25)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
R Steven JusticeR STEVEN JUSTICE
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dana Keoki JacksonDANA KEOKI JACKSON
AIAA PRESIDENT-ELECT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Nancy AndersenNANCY ANDERSEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Johnathon CaldwellJOHNATHON CALDWELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael GazarikMICHAEL GAZARIK
TRUSTEE (INCOMING FY25)
- Total calculated
- $0
- Hours/week
- 1
-
Tina GhataoreTINA GHATAORE
TRUSTEE (INCOMING FY25)
- Total calculated
- $0
- Hours/week
- 1
-
Larry JamesLARRY JAMES
TRUSTEE (OUTGOING FY25)
- Total calculated
- $0
- Hours/week
- 1
-
Ben LinderBEN LINDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Benjamin MarchionnaBENJAMIN MARCHIONNA
TRUSTEE (OUTGOING FY25)
- Total calculated
- $0
- Hours/week
- 1
-
Jill MarloweJILL MARLOWE
TRUSTEE (INCOMING FY25)
- Total calculated
- $0
- Hours/week
- 1
-
Todd MosherTODD MOSHER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Cheryl O'KeefeCHERYL O'KEEFE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Karen WillcoxKAREN WILLCOX
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
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
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- HEALTH/SOCIAL CLUB DUES ARE AVAILABLE TO ALL STAFF MEMBERS. DURING THE TAX YEAR, 88 INDIVIDUALS RECEIVED THIS BENEFIT. IT WAS TAXABLE TO ALL WHO RECEIVED IT.
- PART I, LINE 7
- AIAA HAS A MERIT BONUS SYSTEM THAT APPLIES TO ALL EMPLOYEES AND IS MONITORED BY THE COMPENSATION COMMITTEE OF INDEPENDENT BOARD MEMBERS.
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
No itemized grants to organizations on this return.
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.
-
501(C)(3) · EDUCATION · VA
Directly controlled by AIAA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 9 June 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601619349300010
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