American Petroleum Institute
501(c)(6)
Only null% goes to programs Thin reserves
American Petroleum Institute is a 501(c)(6) organization based in Washington, District of Columbia, registered in 1938, with $252,327,496 in FY2024 revenue. CharityIndex grades it B.
200 Massachusetts Ave Nw, Washington, DC, 20001 EIN 13-0433430 Since 1938
Revenue (FY2024)
$252.3M
▼ 5.7% vs prior year
Expenses (FY2024)
$255.4M
Net assets
$1.2M
Employees
372
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 3 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for American Petroleum Institute— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For American Petroleum Institute: 0 mo reserves · -1% margin earns a C on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For American Petroleum Institute: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For American Petroleum Institute: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
See form 990, part iii, line 1 for complete mission statement
What they do
Research & statistics - api conducts or sponsors analysis and research in support of free markets, informs cost-effective regulation, and promotes economic growth. we collect, maintain and publish statistics and data on all aspects of u.s. industry operations, including supply and demand for various products, imports and exports, drilling activities and costs, and well completions. this data provides timely indicators of industry trends. api's weekly statistical bulletin is the most recognized publication, widely reported by the media.
Standards - since 1924, api has led the development of more than 800 petroleum, natural gas and petrochemical equipment and operating standards. these reflect the industry's collective expertise and accepted good practices. addressing everything from drill bits to environmental protection, they advance safety, efficiency and environmental responsibility. api standards are recognized worldwide for their technical rigor and global impact, with many incorporated into federal and state regulations. developed through a consensus-driven process accredited by the american national standards institute (ansi), they are the most widely cited standards by the international regulatory community.
Certification - each day, the oil and natural gas industry depends on equipment to produce, refine and distribute its products. the equipment uses advanced technology, allowing the industry to operate in an environmentally safe and efficient manner. api's standards support that effort, providing technical guidance that aligns with industry good practices, but api's role extends beyond publishing technical documents. through its certification programs, api provides a structured, verifiable way for companies to demonstrate conformance to those standardsand to build credibility in a high-stakes, highly scrutinized industry.
Contact & location
- Address
- 200 Massachusetts Ave Nw, Washington, DC, 20001
- City
- Washington
- State
- District of Columbia
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $225.5M (FY2013) to $252.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $108.6MNet assets $1.2M
Operating margin
-1.2%
Spent more than it raised in the latest fiscal year.
Total assets
$109.9M
Total liabilities
$108.6M
Net assets
$1.2M
Salaries & benefits
$82.1M
32% of expenses
Board members
42
41 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $252,327,496▼5.7% | $255,421,069▼1.1% | $1,236,271▲111% | $109,879,063▼10.6% | 990 |
| 2023 | $267,555,487▲11.8% | $258,316,481▲6.9% | -$10,780,409▲57.9% | $122,917,046▲3.1% | 990 |
| 2022 | $239,392,392▲4.6% | $241,637,261▲6.6% | -$25,598,750▲40.3% | $119,268,843▲0.1% | 990 |
| 2021 | $228,789,035▲7.1% | $226,725,567▼2.5% | -$42,874,641▲47.7% | $119,123,451▲1.2% | 990 |
| 2020 | $213,554,716▼10.5% | $232,451,761▼7.0% | -$82,042,670▼31.0% | $117,715,070▼10.3% | 990 |
| 2019 | $238,520,840▲1.8% | $249,963,292▲3.2% | -$62,616,613▼36.9% | $131,182,605▼7.9% | 990 |
| 2018 | $234,349,360▲13.4% | $242,248,092▲9.7% | -$45,752,391▲6.0% | $142,482,288▲68.4% | 990 |
| 2017 | $206,675,804▼10.0% | $220,843,907▼1.9% | -$48,649,742▼103% | $84,629,322▼4.3% | 990 |
| 2016 | $229,658,818▲6.2% | $225,079,822▼10.1% | -$23,924,117▲26.1% | $88,459,067▲5.7% | 990 |
| 2015 | $216,253,104▼7.2% | $250,339,386▲2.5% | -$32,369,892▼265% | $83,690,323▼27.3% | 990 |
| 2014 | $232,913,029▲3.3% | $244,275,079▲2.7% | -$8,874,928▼127% | $115,144,135▼4.3% | 990 |
| 2013 | $225,470,401 | $237,905,360▲1.0% | $32,721,302▲3.1% | $120,286,655▼10.3% | 990 |
| 2012 | — | $235,442,066▲13.8% | $31,733,763▲20.4% | $134,168,724▲4.6% | 990 |
| 2011 | — | $206,878,927▲11.8% | $26,347,427▼37.3% | $128,273,933▲9.0% | 990 |
| 2010 | — | $185,093,061 | $42,011,817 | $117,727,705 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Michael J Sommers — $5,131,620 (2.01% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael J Sommers | President and Ceo | 40 | $5,131,620 |
| Amanda E Eversole | Executive Vp & Chief Advocacy Offr | 40 | $1,431,855 |
| Shannon Dibari | Senior Vice President and Coo | 40 | $838,039 |
| Anchal S Liddar | Senior Vp, Global Industry Services | 40 | $767,797 |
| John P Wagner | Vp, Deputy General Counsel | 40 | $735,899 |
| Ryan P Meyers | Sr. Vp, General Counsel, Corp Secy | 40 | $724,949 |
| Rolf W Hanson | Vp, State Government Relations | 40 | $651,276 |
| Dustin Meyer | Sr Vp, Policy, Economics & Reg Affrs | 40 | $594,679 |
| Stephen Comstock | Vp & Sr. Counselor (until 10/2024) | 40 | $469,816 |
| Kristin Westmoreland | Vp and Chief of Staff | 40 | $444,976 |
| Robin Rorick | Vp, Midstream Policy | 40 | $441,023 |
| Amy Kriz | Vp and Chief Financial Officer | 40 | $322,809 |
| Megan B Bloomgren | Sr Vp Communications (until 6/2024) | 40 | $274,615 |
| Kevin Slagle | Senior Vp, Communications | 40 | $172,292 |
| Alan S Armstrong | Board Member | 0.5 | — |
| Ann G Fox | Board Member | 0.5 | — |
| Bill Way | Board Member - Left Sep 2024 | 0.5 | — |
| Brendan Mccracken | Board Member | 0.5 | — |
| Chris Golden | Board Member | 0.5 | — |
| Christine Resler | Board Member | 0.5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Main Street Media Group | Advertising | $23,984,151 |
| Meta Platforms Inc | Advertising | $3,899,514 |
| Broadaxis Inc | It Consulting | $3,834,186 |
| Intertek Technical Services Inc Uk | Auditing | $3,086,057 |
| Bureau of Quality Surveillance Inc | Auditing | $3,077,559 |
Grants received · $50K total
5 grants to American Petroleum Institute totaling $50K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Gas Association | Support | 2024 | $10,000 |
| American Gas Association | Support | 2023 | $10,000 |
| American Gas Association | Sponsorship | 2022 | $10,000 |
| American Gas Association | Sponsorship | 2021 | $10,000 |
| American Gas Association | Support | 2020 | $10,000 |
Grants made · $250K in FY2024
7 grants totaling $250K in FY2024. All grants made by American Petroleum Institute →
| Recipient | Purpose | Amount |
|---|---|---|
| American Enterprise Institute For Public Policy Research | General support | $120,000 |
| The Third Way Foundation Inc | General support | $50,000 |
| Congressional Sportsmens Foundation | General support | $25,000 |
| National Society of Black Engineers | General support | $15,000 |
| The Washington School For Girls | General support | $15,000 |
| Ford S Theatre Society | General support | $12,500 |
| Western Caucus Foundation | General support | $12,000 |
Frequently asked questions
- Is American Petroleum Institute a legitimate nonprofit?
- Yes. American Petroleum Institute is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 13-0433430, based in Washington, District of Columbia.
- What is American Petroleum Institute's EIN?
- American Petroleum Institute's Employer Identification Number (EIN) is 13-0433430.
- How much revenue does American Petroleum Institute report?
- American Petroleum Institute reported $252,327,496 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does American Petroleum Institute have?
- CharityIndex grades American Petroleum Institute B, based on financial health (reserves and operating margin).
- How much does American Petroleum Institute's highest-paid employee make?
- The highest reported compensation on American Petroleum Institute's latest Form 990 is $5,131,620, paid to Michael J Sommers (President and Ceo).
More nonprofits in Washington
Explore more
Data for American Petroleum Institute (EIN 13-0433430) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.