AMERICAN INSTITUTE OF PHYSICS INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$92,366,805
Program Services
78%
Other
14%
Investments
9%
Contributions
<1%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$92,639,515
Salaries & Benefits
43%
Other
26%
Fees to Service Providers
18%
Offices, Occupancy & IT
7%
Grants
3%
Advertising & Promotion
2%
Depreciation
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$50,403
$110,484
+119%
Government Grants
$83,411
$70,900
-15%
Fundraising Events
$0
$0
-
Program Services
$71,915,614
$71,586,268
0%
Membership Dues
$0
$0
-
Investments
$4,541,858
$7,979,019
+76%
Other
$23,389,290
$12,620,134
-46%
Total Revenues
$99,980,576
$92,366,805
-8%
Expenses
2023
2024
Change
Grants
$2,591,700
$3,008,015
+16%
Benefits to Members
$0
$0
-
Salaries & Benefits
$39,612,369
$39,898,692
+1%
Fees to Service Providers
$8,194,701
$16,821,568
+105%
Advertising & Promotion
$3,110,007
$1,788,323
-42%
Offices, Occupancy & IT
$9,209,639
$6,453,179
-30%
Interest
$0
$11,216
-
Depreciation
$904,515
$592,691
-34%
Other
$25,206,797
$24,065,831
-5%
Total Expenses
$88,829,728
$92,639,515
+4%
Net income
2023
2024
Change
Net income
+$11,150,848
-$272,710
-102%
Functional Expenses
Summary
2023
2024
Change
Program
$72,344,141
$72,363,767
+0%
Admin
$13,624,157
$17,969,052
+32%
Fundraising
$2,861,430
$2,306,696
-19%
Total Expenses
$88,829,728
$92,639,515
+4%
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