American Institute of Physics Incorporated
1 Physics Ellipse, College Park, MD · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $92,366,805 | $92,639,515 | $261,581,730 |
| FY2023 | $99,980,576 | $88,829,728 | $248,899,354 |
| FY2022 | $81,432,447 | $86,980,027 | $213,606,799 |
| FY2021 | $82,278,796 | $81,928,468 | $249,691,721 |
| FY2020 | $79,890,854 | $76,340,677 | $226,387,025 |
| FY2019 | $83,089,928 | $73,081,658 | $208,451,255 |
| FY2018 | $76,079,918 | $65,596,339 | $178,825,213 |
| FY2017 | $75,893,140 | $63,490,140 | $191,949,306 |
| FY2016 | $66,737,295 | $61,833,649 | $166,921,146 |
| FY2015 | $65,914,091 | $63,004,398 | $158,012,601 |
| FY2014 | $74,235,231 | $71,174,707 | $157,895,582 |
| FY2013 | $73,704,402 | $68,263,197 | $155,100,936 |
| FY2012 | $79,303,687 | $68,535,026 | $138,333,982 |
| FY2011 | $73,650,686 | $73,163,421 | $118,334,023 |
Form 990 filings
The returns filed by American Institute of Physics Incorporated (EIN 13-1667053), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $3,222,779 | 3% |
| Program service revenue | $71,586,268 | 78% |
| Other revenue | $17,557,758 | 19% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $72,363,767 | 78% |
| Management & general | $17,969,052 | 19% |
| Fundraising | $2,306,696 | 2% |
What the numbers show
- Program service revenue made up 78% of total revenue in FY2024.
- Program services accounted for 78% of functional expenses, management & general 19%, and fundraising 2%.
- 78% of functional expenses went to program services in FY2024. That is higher than 37.4% of 171 Science & Technology organizations nationwide (too few in MD for a state comparison).
- Net assets covered about 33.9 months of expenses at the end of the reporting year. That puts it in the 58th percentile among 55 Science & Technology organizations in MD.
- Total revenue was higher than 96.6% of 58 Science & Technology organizations in MD.
- Total revenue rose from $73,650,686 in FY2011 to $92,366,805 in FY2024. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2022, FY2024).
- The highest revenue on record here is $99,980,576 in FY2023.
- Net assets grew from $118,334,023 to $261,581,730 between FY2011 and FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
American Institute of Physics (AIP) advances, promotes and serves the physical sciences for the benefit of humanity. AIP is a federation that advances the success of our Member Societies and an institute the engages in research and analysis to empower positive change in the physical sciences.
IRS status
| Ruling year | 1941 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | U030 — Science & Technology |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- American Physical Society — College Park, MD · $106,332,062
- Medical Technology Enterprise Consortium — N Bethesda, MD · $234,472,156
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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