Form 990 for tax year 2023
Filed by AMERICAN ASSOCIATION OF PHYSICS TEACHERS INC.
Totals
- Total revenue
- $7,166,861
- Total expenses
- $6,452,179
- Contributions and grants received
- $2,488,192
- Grants paid
- $0
- Program service revenue
- $3,104,208
- Investment income
- $181,994
- Other revenue
- $1,392,467
- Total assets, end of year
- $13,162,841
- Total liabilities, end of year
- $2,762,380
- Net assets or fund balances, end of year
- $10,400,461
- Program services expenses (Part IX)
- $4,204,098
- Management and general expenses
- $2,246,385
- Fundraising expenses
- $1,696
- Program service expenses (Part III)
- $4,204,098
Program services were 65.2% 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
$574,845
-
1e · Government grants (contributions)
$1,675,577
-
1f · All other contributions, gifts and grants
$237,770
-
2a · Program service revenue: Meeting Income
total $851,894 · related or exempt $851,894
-
2b · Program service revenue: Publication Income
total $2,252,314 · related or exempt $2,252,314
-
3 · Investment income
total $225,747 · related or exempt $225,747
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $1,929,122
-
7b · Less cost or other basis and sales expenses
securities $1,972,875
-
7c · Gain or loss
securities -$43,753
-
7d · Net gain or loss
total -$43,753 · related or exempt -$43,753
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10b · Cost of goods sold
$170
-
10c · Net income from sales of inventory
total -$170 · unrelated business -$170
-
11a · Other revenue: Income from Investment
total $1,392,637 · related or exempt $1,392,637
-
11e · Other revenue, total
$1,392,637
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
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 $1,154,228 · program services $784,758 · management and general $369,470
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $1,441,271 · program services $815,232 · management and general $625,814 · fundraising $225
-
8 · Pension plan contributions
total $200,937 · program services $130,609 · management and general $70,328
-
9 · Other employee benefits
total $987,577 · program services $520,090 · management and general $467,487
-
10 · Payroll taxes
total $184,492 · program services $119,920 · management and general $64,572
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $40,679 · program services $26,441 · management and general $14,238
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $7,575 · program services $1,200 · management and general $6,375
-
13 · Office expenses
total $26,094 · program services $23,077 · management and general $2,857 · fundraising $160
-
14 · Information technology
total $255,057 · program services $37,729 · management and general $217,328
-
15 · Royalties
total $0
-
16 · Occupancy
total $216,443 · program services $140,688 · management and general $75,755
-
17 · Travel
total $323,978 · program services $252,635 · management and general $70,065 · fundraising $1,278
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $334,056 · program services $312,960 · management and general $21,096
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $74,809 · program services $68,203 · management and general $6,606
-
22 · Depreciation, depletion and amortization
total $67,080 · management and general $67,080
-
23 · Insurance
total $19,462 · program services $1,905 · management and general $17,557
-
24a · Other expenses: Participant Support
total $470,885 · program services $471,135 · management and general -$250
-
24b · Other expenses: Audio Visual
total $256,204 · program services $251,640 · management and general $4,564
-
24c · Other expenses: All Other Expenses
total $200,564 · program services $55,088 · management and general $145,443 · fundraising $33
-
24d · Other expenses: Editorial Office
total $181,432 · program services $181,432
-
24e · All other expenses
total $9,356 · program services $9,356
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,064,041 · end of year $530,492
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $440,975 · end of year $984,053
-
4 · Accounts receivable
beginning of year $45,847 · end of year $259,568
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
beginning of year $2,712 · end of year $2,542
-
9 · Prepaid expenses and deferred charges
beginning of year $100,408 · end of year $153,085
-
10a · Land, buildings and equipment: cost or other basis
$530,761
-
10b · Land, buildings and equipment: accumulated depreciation
$381,383
-
10c · Land, buildings and equipment, net
beginning of year $136,878 · end of year $149,378
-
11 · Investments: publicly traded securities
beginning of year $6,816,713 · end of year $8,316,520
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
beginning of year $1,426,484 · end of year $2,767,203
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $457,733 · end of year $984,844
-
19 · Deferred revenue
beginning of year $1,440,116 · end of year $1,392,327
-
23 · Secured mortgages and notes payable
beginning of year $3,139
-
25 · Other liabilities
beginning of year $474,705 · end of year $385,209
-
27 · Net assets without donor restrictions
beginning of year $8,022,678 · end of year $8,469,363
-
28 · Net assets with donor restrictions
beginning of year $635,687 · end of year $1,931,098
Mission and programs · 2023
Mission
To improve the quality of physics instruction & enhance the appreciation of physics in our culture. To enhance the understanding and appreciation pf physics through teaching. AAPT is a professional membership association of scientists dedicated to enhancing the understanding.
-
To improve the quality of physics instruction & enhance the appreciation pf physics in our culture. To enhance the understanding and appreciation pf physics through teaching. AAPT is a professional membership association of scientists dedicated to enhancing the understanding.
Expenses $4,204,098
As filed on the 2023 return.
Listed in Part VII
-
Beth Cunningham
Executive Dir.
- Total calculated
- $259,658
- From this org
- $259,658
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $249,638
- Bonus
- not reported
- Other
- $10,020
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $259,658
-
Robert Hilborn
Assc. Exec. Dir
- Total calculated
- $154,991
- From this org
- $154,991
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $147,116
- Bonus
- not reported
- Other
- $7,875
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $154,991
-
Michael Brosnan
CFO
- Total calculated
- $145,954
- From this org
- $145,954
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Erwin Campbell
CIO
- Total calculated
- $141,889
- From this org
- $141,889
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Michael Thenhaus
Web Developer
- Total calculated
- $121,713
- From this org
- $121,713
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Lyle Barbato
Web Developer
- Total calculated
- $115,239
- From this org
- $115,239
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Gary White
Editor, The Physic
- Total calculated
- $108,077
- From this org
- $108,077
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Tiffany Hayes
Dir of Programs
- Total calculated
- $106,708
- From this org
- $106,708
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Duane B Merrell
President
- Total calculated
- $0
- Hours/week
- 5
-
Kellie Warble
President-elect
- Total calculated
- $0
- Hours/week
- 5
-
Gabriel Spalding
Vice President
- Total calculated
- $0
- Hours/week
- 5
-
D Blane Baker
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Thomas O'Kuma
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Toni Sauncy
Past President
- Total calculated
- $0
- Hours/week
- 5
-
Samuel Sampere
Chairman
- Total calculated
- $0
- Hours/week
- 5
-
Richard Gelderman
Vice Chair
- Total calculated
- $0
- Hours/week
- 5
-
Mario J Belloni
Representative
- Total calculated
- $0
- Hours/week
- 5
-
Krista Wood
Representative
- Total calculated
- $0
- Hours/week
- 5
-
Darsela Donelan
Representative
- Total calculated
- $0
- Hours/week
- 5
-
Marianna A Ruggerio
Representative
- Total calculated
- $0
- Hours/week
- 5
-
Gary Dane White
TPT Editor
- Total calculated
- $0
- Hours/week
- 5
-
M Elizabeth Parks
AJP Editor
- Total calculated
- $0
- Hours/week
- 5
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423199349302977
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.