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Nonprofiteer
← AMERICAN INSTITUTE OF PHYSICS INCORPORATED

Form 990 for tax year 2024

Filed by AMERICAN INSTITUTE OF PHYSICS INCORPORATED.

Totals

Total revenue
$92,366,805
Total expenses
$92,639,515
Contributions and grants received
$3,222,779
Grants paid
$3,008,015
Program service revenue
$71,586,268
Investment income
$10,565,598
Other revenue
$6,992,160
Total assets, end of year
$300,823,393
Total liabilities, end of year
$39,241,663
Net assets or fund balances, end of year
$261,581,730
Program services expenses (Part IX)
$72,363,767
Management and general expenses
$17,969,052
Fundraising expenses
$2,306,696
Program service expenses (Part III)
$72,363,767

Program services were 78.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • David Helfand

    Chair

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

  • Eric Furst

    Treasurer

    Total calculated
    $22,500
    From this org
    $22,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    8 + 6 related

  • Judy Dubno

    Secretary

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

  • Michael Moloney

    CEO

    Total calculated
    $703,913
    From this org
    $647,742
    From related orgs
    $0
    Other
    $56,171
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $525,891
    Bonus
    $97,882
    Other
    $23,969
    Deferred
    $34,500
    Nontaxable benefits
    $21,671
    Filer's total
    $703,913

  • Susan Avery

    Vice Chair & Dir at Large

    Total calculated
    $7,500
    From this org
    $7,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    8

  • Bruce Curran

    Director

    Total calculated
    $0
    Hours/week
    4

  • Charles Brown II

    Director at Large

    Total calculated
    $0
    Hours/week
    4

  • Chick Woodward

    Director

    Total calculated
    $0
    Hours/week
    8

  • Efrain Rodriguez

    Director

    Total calculated
    $0
    Hours/week
    4

  • Genaro Montanez

    Director (as of Sept 2024)

    Total calculated
    $0
    Hours/week
    4

  • Jack Hehn

    Director

    Total calculated
    $0
    Hours/week
    8

  • Jonathan Bagger

    Director

    Total calculated
    $0
    Hours/week
    4

  • Lisa Keefe

    Director

    Total calculated
    $0
    Hours/week
    4

  • Liz Rogan

    Director (until Sept 2024)

    Total calculated
    $0
    Hours/week
    4

  • Mary James

    Director at Large

    Total calculated
    $0
    Hours/week
    4

  • Nathan Sanders

    Director at Large

    Total calculated
    $0
    Hours/week
    4

  • Stella Kafka

    Director

    Total calculated
    $0
    Hours/week
    4

  • Susan Burkett

    Director

    Total calculated
    $0
    Hours/week
    4

  • Tyrone Porter

    Director

    Total calculated
    $0
    Hours/week
    4

  • Valerie Browning

    Director at Large

    Total calculated
    $0
    Hours/week
    4

  • Catherine Swartz

    CFAO

    Total calculated
    $476,865
    From this org
    $420,694
    From related orgs
    $0
    Other
    $56,171
    Hours/week
    40 + 10 related

    Schedule J breakdown matched by us

    Base
    $354,769
    Bonus
    $46,765
    Other
    $19,160
    Deferred
    $34,500
    Nontaxable benefits
    $21,671
    Filer's total
    $476,865

  • Alexandra Vance

    AIPP, CEO

    Total calculated
    $713,115
    From this org
    $631,249
    From related orgs
    $0
    Other
    $81,866
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $499,695
    Bonus
    $107,469
    Other
    $24,085
    Deferred
    $34,500
    Nontaxable benefits
    $47,366
    Filer's total
    $713,115

  • Ann Michael

    AIPP, Chief Transformation Ofcr

    Total calculated
    $507,809
    From this org
    $441,089
    From related orgs
    $0
    Other
    $66,720
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $364,790
    Bonus
    $66,193
    Other
    $10,106
    Deferred
    $34,500
    Nontaxable benefits
    $32,220
    Filer's total
    $507,809

  • Dean Sanderson

    AIPP, Chief Strategy Officer

    Total calculated
    $501,667
    From this org
    $444,103
    From related orgs
    $0
    Other
    $57,564
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $367,842
    Bonus
    $66,193
    Other
    $10,068
    Deferred
    $34,500
    Nontaxable benefits
    $23,064
    Filer's total
    $501,667

  • Kevin Steiner

    AIPP, Head of Global Sales

    Total calculated
    $311,269
    From this org
    $255,243
    From related orgs
    $0
    Other
    $56,026
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $204,972
    Bonus
    $49,269
    Other
    $1,002
    Deferred
    $26,689
    Nontaxable benefits
    $29,337
    Filer's total
    $311,269

  • Penelope Donhauser

    AIPP, Chief Publishing Officer

    Total calculated
    $395,919
    From this org
    $358,748
    From related orgs
    $0
    Other
    $37,171
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $302,350
    Bonus
    $54,367
    Other
    $2,031
    Deferred
    $34,500
    Nontaxable benefits
    $2,671
    Filer's total
    $395,919

  • Roy Levenson

    AIPP, CFO

    Total calculated
    $525,108
    From this org
    $467,545
    From related orgs
    $0
    Other
    $57,563
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $360,491
    Bonus
    $95,295
    Other
    $11,759
    Deferred
    $34,500
    Nontaxable benefits
    $23,063
    Filer's total
    $525,108

  • Scott Montgomery

    Chief Content Officer

    Total calculated
    $316,534
    From this org
    $287,538
    From related orgs
    $0
    Other
    $28,996
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $270,833
    Bonus
    $15,805
    Other
    $900
    Deferred
    $28,412
    Nontaxable benefits
    $584
    Filer's total
    $316,534

  • Trevor Owens

    Chief Research Officer

    Total calculated
    $197,252
    From this org
    $196,668
    From related orgs
    $0
    Other
    $584
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $188,918
    Bonus
    $7,000
    Other
    $750
    Deferred
    $0
    Nontaxable benefits
    $584
    Filer's total
    $197,252

  • Anna Lee

    Development & Grants Officer

    Total calculated
    $263,825
    From this org
    $214,907
    From related orgs
    $0
    Other
    $48,918
    Hours/week
    32 + 8 related

    Schedule J breakdown matched by us

    Base
    $205,437
    Bonus
    $8,468
    Other
    $1,002
    Deferred
    $19,202
    Nontaxable benefits
    $29,716
    Filer's total
    $263,825

  • Elizabeth Dart Caron

    Chief of Staff

    Total calculated
    $253,207
    From this org
    $229,831
    From related orgs
    $0
    Other
    $23,376
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $208,569
    Bonus
    $20,362
    Other
    $900
    Deferred
    $22,792
    Nontaxable benefits
    $584
    Filer's total
    $253,207

  • Jovonni Spinner

    Career Opportunity & Adv Officer

    Total calculated
    $251,180
    From this org
    $217,527
    From related orgs
    $0
    Other
    $33,653
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $204,052
    Bonus
    $12,540
    Other
    $935
    Deferred
    $21,922
    Nontaxable benefits
    $11,731
    Filer's total
    $251,180

  • Mark Jacobson

    AIPP, Director, Strategic Alignment

    Total calculated
    $232,454
    From this org
    $201,116
    From related orgs
    $0
    Other
    $31,338
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,581
    Bonus
    $1,600
    Other
    $935
    Deferred
    $18,751
    Nontaxable benefits
    $12,587
    Filer's total
    $232,454

  • Sara Girard

    AIPP, Head of Mktg & Comm

    Total calculated
    $302,891
    From this org
    $247,605
    From related orgs
    $0
    Other
    $55,286
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $224,750
    Bonus
    $21,853
    Other
    $1,002
    Deferred
    $25,364
    Nontaxable benefits
    $29,922
    Filer's total
    $302,891

  • Tracy Denien

    AIPP, Head of Info Technology

    Total calculated
    $156,129
    From this org
    $153,856
    From related orgs
    $0
    Other
    $2,273
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    -$2
    Bonus
    $22,730
    Other
    $131,128
    Deferred
    $2,273
    Nontaxable benefits
    $0
    Filer's total
    $156,129

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 Tax indemnification and gross-up payments
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
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 $72,457,000 · assets $65,399,000

    Directly controlled by AIP

Related partnerships

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

Related corporations and trusts

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

  • AIP Global Inc

    C Corporation · INTL. OFFICE · DE · 100% owned · share of income $140,455 · share of assets $183,486 · controlled entity

    Directly controlled by AIPP

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.1
Source object
202533179349302743

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

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