American Institute of Physics Inc

American Institute of Physics Inc

College Park, MD 20740
Tax ID13-1667053

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About this organization

Revenue

$76,079,918

Expenses

$65,596,339

Website

aip.org

Mission

The American Institute of Physics advances, promotes and serves the physical sciences for the benefit of humanity. As a federation of physical science societies, AIP offers programs, products and services that: advance and distribute the knowledge of the physical sciences and its applications; enhance and cultivate the physical sciences disciplines; enable and foster collaborative efforts among stakeholders in the physical sciences; and promote the physical sciences to the public, leaders, government officials, agencies, and the media. AIP Member Societies cover a broad range of fields in the physical sciences and collectively represent more than 120,000 scientists, engineers, educators and students in the global physical sciences community. AIP offers authoritative information, services, and expertise in physics education and student programs, science communication, government relations, career services for science and engineering professionals, statistical research in physics employment and education, industrial outreach, and the history of physics and allied fields. AIP also publishes the flagship magazine Physics Today and is home to the Society of Physics Students and the Niels Bohr Library and Archives. AIP owns AIP Publishing LLC, a scholarly publisher in the physical and related sciences. AIP is a 501(c)(3) not-for-profit membership corporation.

About

Related to publishing. See schedule O.

Interesting data from their 2020 990 filing

The filing outlines the non-profit's goal as “See schedule o”.

When explaining its purpose, the activities were outlined as: “Aip's mission is to advance, promote and serve the physical sciences for the benefit of humanity.”.

  • As per legal reporting requirements, the state of operation for the non-profit is NY.
  • The non-profit's address for 2020 is listed as One Physics Ellipse, College Park, MD, 207403843 in the filing.
  • As per the non-profit's form, they have 313 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Collects art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $10,483,579.
  • The CEO compensation package within the organization is determined through a review and endorsement by a neutral party.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has a foreign financial account.
  • The organization has 12 independent voting members.
  • The organization has a professional fund raiser.
  • The organization was formed in 1931.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization engages in lobbying activities.
  • The organization pays $31,396,909 in salary, compensation, and benefits to its employees.
  • The organization pays $557,008 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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