Association For Psychological Science
- Assets
- $13.4m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 23
- Location
- Washington, DC
- Founding
- 04/1989
- Data as of
- 12/2022
- EIN
- 73-1345573
Organization Overview
Association For Psychological Science is located in Washington, DC. The organization was established in 1989. According to its NTEE Classification (F03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2023, Association For Psychological Science employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association For Psychological Science is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Association For Psychological Science generated $6.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $6.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONVENTION: ANNUAL CONVENTION AND BI-ANNUAL INTERNATIONAL CONVENTION BRING TOGETHER MEMBERS AND OTHERS TO DISCUSS CURRENT ISSUES AND DEVELOPMENTS AFFECTING SCIENTIFICALLY ORIENTED PSYCHOLOGY AS IT PERTAINS TO RESEARCH APPLICATION AND IMPROVEMENT OF HUMAN WELFARE.
JOURNALS: CONSISTS OF ALL ASPECTS RELATED TO THE EDITORIAL CONTENT, REVIEW, AND PUBLICATION OF SIX PEER-REVIEWED JOURNALS: PSYCHOLOGICAL SCIENCE, CURRENT DIRECTIONS IN PSYCHOLOGICAL SCIENCE, PSYCHOLOGICAL SCIENCE IN PUBLIC INTEREST, PERSPECTIVES ON PSYCHOLOGICAL SCIENCE, CLINICAL PSYCHOLOGICAL SCIENCE, AND ADVANCES IN METHODS AND PRACTICES IN PSYCHOLOGICAL SCIENCE.
MEMBERSHIP: PROVIDE VARIOUS SERVICES TO MEMBERS IN FURTHERANCE OF THE SOCIETY'S EXEMPT PURPOSE OF PROMOTING A NATIONAL INTEREST IN SCIENTIFICALLY ORIENTED PSYCHOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Wood Pres Elect/president (trans. 6/1/23) | OfficerTrustee | 3 | $0 |
Alison Gopnik President/past Presid. (trans. 5/31/23) | OfficerTrustee | 3 | $0 |
Jennifer Eberhardt Past President (ends 5/31/23) | OfficerTrustee | 3 | $0 |
Randi Martin President Elect (starts 6/1/23) | OfficerTrustee | 3 | $0 |
Richard Ivry Treasurer (ends 5/31/23) | OfficerTrustee | 3 | $0 |
Stephen Hinshaw Treasurer (starts 6/1/23) | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Square Brussels Convention Services | 12/30/23 | $356,957 |
Freeman Audio Visual Solutions Audio/visual Services | 12/30/23 | $318,911 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,200,257 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $134,253 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,334,510 |
| Total Program Service Revenue | $4,143,891 |
| Investment income | $247,925 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $46,544 |
| Net Rental Income | $55,931 |
| Net Gain/Loss on Asset Sales | $352,127 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,180,928 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $70,874 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $382,701 |
| Compensation of current officers, directors, key employees. | $38,270 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,212,330 |
| Pension plan accruals and contributions | $192,137 |
| Other employee benefits | $282,609 |
| Payroll taxes | $185,398 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,478 |
| Fees for services: Accounting | $201,707 |
| Fees for services: Lobbying | $18,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $45,530 |
| Fees for services: Other | $775,162 |
| Advertising and promotion | $14,852 |
| Office expenses | $84,485 |
| Information technology | $213,953 |
| Royalties | $0 |
| Occupancy | $497,324 |
| Travel | $132,014 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $164,678 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $241,325 |
| Insurance | $52,061 |
| All other expenses | $9,636 |
| Total functional expenses | $6,457,764 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $589,966 |
| Savings and temporary cash investments | $782,698 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,330 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $895,077 |
| Net Land, buildings, and equipment | $640,994 |
| Investments—publicly traded securities | $8,317,877 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,121,693 |
| Total assets | $13,365,635 |
| Accounts payable and accrued expenses | $367,946 |
| Grants payable | $0 |
| Deferred revenue | $1,124,524 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,840,548 |
| Total liabilities | $4,333,018 |
| Net assets without donor restrictions | $7,497,007 |
| Net assets with donor restrictions | $1,535,610 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,365,635 |