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← AMERICAN INSTITUTE OF PHYSICS INCORPORATED

Form 990 for tax year 2023

Filed by AMERICAN INSTITUTE OF PHYSICS INCORPORATED.

Totals

Total revenue
$99,980,576
Total expenses
$88,829,728
Contributions and grants received
$2,260,680
Grants paid
$2,591,700
Program service revenue
$71,915,614
Investment income
$5,901,889
Other revenue
$19,902,393
Total assets, end of year
$287,934,976
Total liabilities, end of year
$39,035,622
Net assets or fund balances, end of year
$248,899,354
Program services expenses (Part IX)
$72,344,141
Management and general expenses
$13,624,157
Fundraising expenses
$2,861,430
Program service expenses (Part III)
$72,344,141

Program services were 81.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ALEXANDRA VANCE

    AIPP, CEO

    Total calculated
    $673,569
    From this org
    $595,233
    From related orgs
    $0
    Other
    $78,336
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $462,209
    Bonus
    $109,624
    Other
    $23,400
    Deferred
    $33,000
    Nontaxable benefits
    $45,336
    Filer's total
    $673,569

  • MICHAEL MOLONEY

    CEO

    Total calculated
    $668,496
    From this org
    $614,637
    From related orgs
    $0
    Other
    $53,859
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $490,299
    Bonus
    $100,938
    Other
    $23,400
    Deferred
    $33,000
    Nontaxable benefits
    $20,859
    Filer's total
    $668,496

  • ROY LEVENSON

    AIPP, CFO

    Total calculated
    $518,647
    From this org
    $461,233
    From related orgs
    $0
    Other
    $57,414
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $342,285
    Bonus
    $106,422
    Other
    $12,526
    Deferred
    $33,000
    Nontaxable benefits
    $24,414
    Filer's total
    $518,647

  • ANN MICHAEL

    AIPP,Chief Transformation Ofcr

    Total calculated
    $498,549
    From this org
    $434,699
    From related orgs
    $0
    Other
    $63,850
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $347,222
    Bonus
    $75,836
    Other
    $11,641
    Deferred
    $33,000
    Nontaxable benefits
    $30,850
    Filer's total
    $498,549

  • DEAN SANDERSON

    AIPP, CHIEF STRATEGY OFFICER

    Total calculated
    $493,248
    From this org
    $424,521
    From related orgs
    $0
    Other
    $68,727
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $345,597
    Bonus
    $68,935
    Other
    $9,989
    Deferred
    $33,000
    Nontaxable benefits
    $35,727
    Filer's total
    $493,248

  • CATHERINE SWARTZ

    CFAO

    Total calculated
    $480,112
    From this org
    $426,277
    From related orgs
    $0
    Other
    $53,835
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $337,437
    Bonus
    $78,833
    Other
    $10,007
    Deferred
    $33,000
    Nontaxable benefits
    $20,835
    Filer's total
    $480,112

  • PENELOPE DONHAUSER

    AIPP, CHIEF PUBLISHING OFFICER

    Total calculated
    $376,250
    From this org
    $340,578
    From related orgs
    $0
    Other
    $35,672
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $287,851
    Bonus
    $50,978
    Other
    $1,749
    Deferred
    $33,000
    Nontaxable benefits
    $2,672
    Filer's total
    $376,250

  • TRACY DENIEN

    AIPP, HEAD OF INFO TECHNOLOGY

    Total calculated
    $303,622
    From this org
    $233,643
    From related orgs
    $0
    Other
    $69,979
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,115
    Bonus
    $20,598
    Other
    $16,930
    Deferred
    $24,643
    Nontaxable benefits
    $45,336
    Filer's total
    $303,622

  • KEVIN STEINER

    AIPP, HEAD OF GLOBAL SALES

    Total calculated
    $300,149
    From this org
    $246,247
    From related orgs
    $0
    Other
    $53,902
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $195,060
    Bonus
    $50,287
    Other
    $900
    Deferred
    $25,758
    Nontaxable benefits
    $28,144
    Filer's total
    $300,149

  • SARA GIRARD

    AIPP, HEAD OF MKT AND COMM

    Total calculated
    $292,466
    From this org
    $239,174
    From related orgs
    $0
    Other
    $53,292
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,363
    Bonus
    $24,911
    Other
    $900
    Deferred
    $24,562
    Nontaxable benefits
    $28,730
    Filer's total
    $292,466

  • MELISSA ANNE SCHELD

    AIPP, SENIOR SALES MANAGER

    Total calculated
    $285,121
    From this org
    $247,394
    From related orgs
    $0
    Other
    $37,727
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $123,852
    Bonus
    $122,642
    Other
    $900
    Deferred
    $25,033
    Nontaxable benefits
    $12,694
    Filer's total
    $285,121

  • SCOTT MONTGOMERY

    CHIEF CONTENT OFFICER

    Total calculated
    $277,410
    From this org
    $258,326
    From related orgs
    $0
    Other
    $19,084
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $257,426
    Bonus
    $0
    Other
    $900
    Deferred
    $18,500
    Nontaxable benefits
    $584
    Filer's total
    $277,410

  • MADELINE SUTTON

    AIPP, HEAD OF PEOPLE & CULTURE

    Total calculated
    $262,111
    From this org
    $212,307
    From related orgs
    $0
    Other
    $49,804
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,801
    Bonus
    $23,606
    Other
    $900
    Deferred
    $22,720
    Nontaxable benefits
    $27,084
    Filer's total
    $262,111

  • SHERRY RENDER

    CONTROLLER & DIR OF FINANCE

    Total calculated
    $254,311
    From this org
    $211,813
    From related orgs
    $0
    Other
    $42,498
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $206,667
    Bonus
    $4,246
    Other
    $900
    Deferred
    $22,079
    Nontaxable benefits
    $20,419
    Filer's total
    $254,311

  • LIZ DART CARON

    CHIEF OF STAFF

    Total calculated
    $224,141
    From this org
    $203,404
    From related orgs
    $0
    Other
    $20,737
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,097
    Bonus
    $407
    Other
    $900
    Deferred
    $20,153
    Nontaxable benefits
    $584
    Filer's total
    $224,141

  • JAMES TAYLOR

    CHIEF FED OFFICER

    Total calculated
    $206,352
    From this org
    $191,945
    From related orgs
    $0
    Other
    $14,407
    Hours/week
    40 + 3 related

    Schedule J breakdown matched by us

    Base
    $191,270
    Bonus
    $0
    Other
    $675
    Deferred
    $1,512
    Nontaxable benefits
    $12,895
    Filer's total
    $206,352

  • DAVID HELFAND

    CHAIR

    Total calculated
    $70,000
    From this org
    $70,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    10 + 10 related

  • SUSAN AVERY

    TREAS. & DIR AT LARGE

    Total calculated
    $30,000
    From this org
    $30,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    8

  • JUDY DUBNO

    SECRETARY

    Total calculated
    $4,500
    From this org
    $4,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • JONATHAN BAGGER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • VALERIE BROWNING

    DIR. at large (AS ON 03/23)

    Total calculated
    $0
    Hours/week
    4

  • SUSAN BURKETT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • BRUCE CURRAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • ERIC FURST

    VICE-CHAIR & Director

    Total calculated
    $0
    Hours/week
    4

  • JACK HEHN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    8

  • MARY JAMES

    DIRECTOR at large

    Total calculated
    $0
    Hours/week
    4

  • STELLA KAFKA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • TYRONE PORTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • EFRAIN RODRIQUEZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • LIZ ROGAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • NATHAN SANDERS

    DIRECTOR at Large

    Total calculated
    $0
    Hours/week
    4

  • CHICK WOODWARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    8

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 · Tax indemnification and gross-up payments
  • 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 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A:
GROSS-UP PAYMENTS - IF AN EMPLOYEE REACHES THE IRS LIMITATION FOR EMPLOYER RETIREMENT CONTRIBUTIONS, THE ORGANIZATION PROVIDES A GROSS UP PAYMENT EQUIVALENT TO THE DIFFERENCE BETWEEN THE MAX AMOUNT AND THE AMOUNT THAT WOULD HAVE BEEN CONTRIBUTED IF THERE WERE NO LIMITATIONS.
SCHEDULE J, PART I, LINE 3:
COMPENSATION REVIEW & APPROVAL PROCESS: CEO: AIP'S BOARD OF DIRECTORS HAS DESIGNATED A COMPENSATION COMMITTEE TO MANAGE COMPENSATION OF AIP'S CEO. THE CHARTER OF THE COMPENSATION COMMITTEE PROVIDES FOR A PROCEDURE THAT IS CONSISTENT WITH APPLICABLE LAW AND BEST PRACTICES. THE CHARTER PROVIDES THAT THE COMMITTEE "SHALL MAKE A RECOMMENDATION TO THE BOARD OF DIRECTORS WITH RESPECT TO THE COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER." THE COMPENSATION COMMITTEE OBTAINS DATA AS TO COMPARABLE COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER, RECOMMENDS TERMS OF THE CEO'S EMPLOYMENT AGREEMENTS, AND DETERMINES REASONABLE COMPENSATION LEVEL. THE COMMITTEE SUBMITS TO THE BOARD A RECOMMENDATION FOR THE CEO'S COMPENSATION FOR EACH FISCAL YEAR. THE BOARD OF DIRECTORS MAKES THE FINAL DECISION ON THE CEO'S COMPENSATION.

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • AIP PUBLISHING LLC

    PUBLISHING · NY · income $70,247,000 · assets $65,264,000

    Directly controlled by AIP

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • NEW CRYSTALLOGRAPHY JOURNAL

    RELATED · PUBLISHING · DE · 50% owned · share of income $11,294 · share of assets $78,531

    Directly controlled by NA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • AIP GLOBAL INC

    C CORP · INTL. OFFICE · DE · 100% owned · share of income $111,081 · share of assets $101,119 · controlled entity

    Directly controlled by AIPP

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202433209349327388

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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