American Physical Society is a 501(c)(3) organization based in College Park, Maryland, registered in 1945, with $106,332,062 in FY2024 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
Revenue (FY2024)
$106.3M
▼ 10.5% vs prior year
Science & Tech median: $288K
Expenses (FY2024)
$90.9M
Net assets
$279.1M
Employees
346
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. For American Physical Society: 87% to programs · $10 to raise $100 earns a A on this criterion. See the exact thresholds →
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 Physical Society: 37 mo reserves · +14% margin earns a A on this criterion. See the exact thresholds →
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 Physical Society: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 Physical Society: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Advance physics by fostering a vibrant, inclusive, and global community dedicated to science and society.
Physics research programs: scientific meetings
Physics research programs: education and outreach
Physics research programs: membership operations
Revenue grew from $55.8M (FY2013) to $106.3M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
14.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$313.0M
Total liabilities
$33.9M
Net assets
$279.1M
Salaries & benefits
$48.9M
54% of expenses
Board members
17
14 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $106,332,062▼10.5% | $90,947,319▲13.6% | $279,082,581▲7.2% | $313,014,241▲5.6% | 990 |
| 2023 | $118,837,990▲66.9% | $80,092,003▲12.5% | $260,245,860▲14.2% | $296,409,286▲13.0% | 990 |
| 2022 | $71,212,099▼14.5% | $71,210,235▲19.1% | $227,877,798▼15.0% | $262,299,827▼10.9% | 990 |
| 2021 | $83,272,367▲22.4% | $59,804,272▲4.7% | $268,001,182▲11.3% | $294,467,482▲8.4% | 990 |
| 2020 | $68,041,918▼6.5% | $57,095,164▼6.5% | $240,891,074▲13.5% | $271,616,239▲9.7% | 990 |
| 2019 | $72,768,929▲8.9% | $61,060,763▲9.7% | $212,174,998▲18.3% | $247,696,785▲15.6% | 990 |
| 2018 | $66,847,137▲4.6% | $55,667,360▲1.5% | $179,337,799▼0.7% | $214,341,835▲0.6% | 990 |
| 2017 | $63,927,028▲15.2% | $54,859,984▼1.0% | $180,597,616▲24.0% | $213,107,289▲14.4% | 990 |
| 2016 | $55,485,441▼4.9% | $55,404,927▲3.5% | $145,681,085▲5.4% | $186,220,655▲5.4% | 990 |
| 2015 | $58,360,196▲2.9% | $53,540,266▲4.1% | $138,278,962▼0.3% | $176,674,743▲1.7% | 990 |
| 2014 | $56,694,660▲1.7% | $51,407,941▲6.2% | $138,710,073▲3.9% | $173,735,055▲3.4% | 990 |
| 2013 | $55,762,983 | $48,429,412▲3.2% | $133,465,260▲21.8% | $167,976,513▲12.6% | 990 |
| 2012 | — | $46,927,183▲2.8% | $109,589,961▲11.0% | $149,222,852▲11.2% | 990 |
| 2011 | — | $45,659,732▲0.4% | $98,700,630▼2.0% | $134,188,632▼0.9% | 990 |
| 2010 | — | $45,470,014 | $100,748,625 | $135,377,356 | 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.
Highest-paid: Jonathan Bagger — $677,147 (0.74% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jonathan Bagger | Chief Executive Officer | 40 | $677,147 |
| Jane Hopkins Gould | Cfoo | 40 | $405,087 |
| Rachel Burley | Chief Publications Officer | 40 | $394,222 |
| Mark Doyle | Chief Information Officer | 40 | $326,861 |
| Francis Slakey | Chief External Affairs Officer | 40 | $319,356 |
| Beth Gunzel | Chief Human Resources Officer | 40 | $293,802 |
| Hassana Howe | Chief Experience & Engagement | 40 | $261,043 |
| Christine Giaccone | Dir of Journal Operations | 40 | $259,266 |
| Dylan Moulton | Global Sales Director | 40 | $252,665 |
| Amy Flatten | Dir of International Affairs | 40 | $239,749 |
| Kennedy Jessica Thomas | Executive Editor | 40 | $221,553 |
| Sara Conners | Director of Special Projects | 40 | $213,039 |
| Jeff Lewandowski | Dir of Publishing | 40 | $209,307 |
| Jeanette Russo | Corporate Secretary | 40 | $156,718 |
| Brad Marston | Vice President (as of 1/24) | 5 | — |
| David Seiler | Treasurer | 5 | — |
| David Weiss | Director (as of 1/24) | 4 | — |
| John Doyle | President-elect | 5 | — |
| John F Wilkerson | Director | 4 | — |
| Kandice Tanner | Director | 4 | — |
| Contractor | Services | Paid |
|---|---|---|
| Ienergizer Aptara Limited | Publishing Services | $2,648,018 |
| Freeman Audio & Visual | Audio Visual Services | $2,589,163 |
| Lumina Datamatics Inc | Publishing Services | $1,646,097 |
| Amazon Web Services Inc | Software Services | $738,778 |
| Formidable LLC | Engineering Service | $660,912 |
44 grants to American Physical Society totaling $1.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Institute of Physics Incorporated | Addressing legislation at the federal level/science trust project/earle plyler prize for molecular spectroscopy & dynamics | 2024 | $87,373 |
| Winston-salem Foundation | 1 grant(s) for varying purposes | 2024 | $51,500 |
| Winston-salem Foundation | 1 grant(s) for varying purposes | 2023 | $51,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $47,916 |
| American Institute of Physics Incorporated | See part iv | 2023 | $41,723 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $13,950 |
| Johns Hopkins University | Contribution | 2023 | $10,000 |
| Winston-salem Foundation | 1 grant(s) for varying purposes | 2022 | $51,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $22,205 |
| American Institute of Physics Incorporated | See part iv | 2022 | $15,633 |
| American Endowment Foundation | General operating support | 2022 | $10,000 |
| Duke University | General support | 2022 | $8,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2022 | $6,370 |
| Winston-salem Foundation | 1 grant(s) for varying purposes | 2021 | $51,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $38,138 |
37 grants totaling $1.7M in FY2024 — showing the 15 largest. All grants made by American Physical Society →
| Recipient | Purpose | Amount |
|---|---|---|
| Wested | Sub awards | $222,817 |
| University of Maryland | Programs - sub awards | $202,536 |
| American Mathematical Society | Sub awards | $195,167 |
| Florida International University Foundation Inc | Sub awards | $156,137 |
| Board of Regents - Univ of Wi Madison | Sub awards | $122,448 |
| American Astronomical Society | Sub awards | $78,202 |
| University of Central Florida | Programs - sub awards | $68,385 |
| The Board of Trustees of the Leland Stanford Junior University | Travel - participant support | $55,000 |
| University of Southern California | Sub awards | $54,094 |
| Rochester Institute of Technology | Sub awards | $51,677 |
| Regents of the University of Colorado | Sub awards | $50,724 |
| University of San Diego | Travel - participant support | $40,767 |
| Clemson University | Travel - participant support | $33,372 |
| American Chemical Society | Sub awards | $33,000 |
| Regents of the University of Michigan | Travel - participant support | $32,894 |
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Data for American Physical Society (EIN 13-1656610) 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.