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AMERICAN PHILOSOPHICAL SOCIETY

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Public IRS 990 nonprofit record

AMERICAN PHILOSOPHICAL SOCIETY

EIN 23-1353269 · Arts, Culture & Humanities (A700)

What they do

The American Philosophical Society, The Oldest Learned Society In The United States, Was Founded In 1743 By Benjamin Franklin for The Purpose of "promoting Useful Knowledge." In The 21st Century The Society Sustains This Mission In Three Principal Ways. It Honors and Engages Distinguished Scientists, Humanists, Social Scientists, and Leaders In Civic and Cultural Affairs Through Elected Membership and Opportunities for Interdisciplinary, Intellectual Fellowship, Particularly In The Semi-annual Meetings In Philadelphia. It Supports Research and Discovery Through Grants and Fellowships, Lectures, Publications, Prizes, Exhibitions, and Public Education. It Serves Scholars Through A Research Library of Manuscripts and Other Collections Internationally Recognized for Their Enduring Historic Value. The American Philosophical Societys Current Activities Reflect The Founders Spirit of Inquiry, Provide A Forum for The Free Exchange of Ideas, and Convey The Conviction of Its Members That Intel

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $72.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders43 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

55.43%of revenue went to mission work72.6% of expenses · Program services
3.90%of revenue went to fundraising5.1% of expenses
$76.36spent for every $100 of revenueRevenue covered expenses this year.
17.03%of revenue went to management and office costs22.3% of expenses
$19.92in assets for every $1 spent this yearSome assets cannot be spent right away.
16.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $376,275 for DR ROBERT M HAUSER (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$20,391,804
Mission workProgram services$11,302,99255.43% of revenue72.6% of expenses
ManagementOffice and general costs$3,472,98617.03% of revenue22.3% of expenses
FundraisingAsking for donations$795,6603.90% of revenue5.1% of expenses
Revenue left after expensesReported annual surplus$4,820,16623.64% of revenueShown in gray on the chart
Total expenses$15,571,63876.36% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 72.6% mission · 22.3% management · 5.1% fundraisingTotal expenses: 76.36% of revenue
2023Expense mix: 75.1% mission · 20.0% management · 4.9% fundraisingTotal expenses: 106.72% of revenue
2022Expense mix: 73.8% mission · 21.1% management · 5.1% fundraisingTotal expenses: 107.04% of revenue
2021Expense mix: 71.0% mission · 23.6% management · 5.4% fundraisingTotal expenses: 37.25% of revenue
2020Expense mix: 72.2% mission · 22.7% management · 5.2% fundraisingTotal expenses: 64.74% of revenue
2019Expense mix: 73.1% mission · 22.0% management · 4.9% fundraisingTotal expenses: 56.21% of revenue
2018Expense mix: 69.9% mission · 25.6% management · 4.5% fundraisingTotal expenses: 129.20% of revenue
2017Expense mix: 69.9% mission · 23.2% management · 6.9% fundraisingTotal expenses: 74.29% of revenue

Money in and money out

Revenue$20,391,804
Expenses$15,571,638
Annual surplus $4,820,166 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$11,302,992 · 72.6% of expenses
Management and office costs$3,472,986 · 22.3% of expenses
Fundraising$795,660 · 5.1% of expenses
See all reported dollar amounts
Revenue$20,391,804
Expenses$15,571,638
Assets$310,248,157
Income$38,053,639
Contributions$3,265,366
Mission work (program services)$11,302,992
Fundraising$795,660
Grants given$287,500
Average grant$31,944
Management and general$3,472,986
Stocks and bonds$207,388,639
Accounting fees$111,332
Investing fees$994,886
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
DR ROBERT M HAUSERCEO · 40 hrs/week $376,275Base $341,000 · Other $35,275
MICHELLE MCDONALDDIR OF LIBRARY · 40 hrs/week $301,818Base $257,373 · Other $44,445
JOHN WOLFEFINANCIAL OFFIC · 40 hrs/week $300,742Base $251,750 · Other $48,992
DR PATRICK SPEROCEO · 40 hrs/week $260,930Base $231,916 · Other $29,014
LINDA JACOBSDEVELOPMENT DIRECT · 40 hrs/week $222,211Base $192,610 · Other $29,601
GARY DAVIDASSO DIR OF COLLEC · 40 hrs/week $176,288Base $139,050 · Other $37,238
MARY GRACE WAHLASSOC DIR OF COLLE · 40 hrs/week $159,993Base $113,810 · Other $46,183
BAYARD MILLERASSOC DIR OF DIGIT · 40 hrs/week $147,161Base $120,120 · Other $27,041
LINDA MUSUMECIDIR OF GRANTS & FE · 40 hrs/week $133,218Base $122,802 · Other $10,416

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (43)

DR ROBERT M HAUSERCEO

MICHELLE MCDONALDDIR OF LIBRARY

JOHN WOLFEFINANCIAL OFFIC

DR PATRICK SPEROCEO

LINDA JACOBSDEVELOPMENT DIRECT

GARY DAVIDASSO DIR OF COLLEC

MARY GRACE WAHLASSOC DIR OF COLLE

BAYARD MILLERASSOC DIR OF DIGIT

LINDA MUSUMECIDIR OF GRANTS & FE

LINDA GREENHOUSECOUNCILOR

JOHN S REEDCOUNCILOR

MARGARET H MARSHALLCOUNCILOR

MR RICHARD B WORLEYCOUNCILOR

DR WILLIAM H HOOKECOUNCILOR

DR VIJAY KUMARCOUNCILOR

DR RONALD M FAIRMANCOUNCILOR

DR ROGER S BAGNALLPRES/COUNCILOR

ROBERT JAMES MILLERCOUNCILOR

DR RICHARD E LENSKICOUNCILOR

DR PAUL W KROLLCOUNCILOR

SIR MARK THOMPSONCOUNCILOR

DR MARNA C WHITTINGTONCOUNCILOR/TREAS

DR JACQUELINE K BARTONV.P./COUNCIL

DR ALAN S BLINDERCOUNCILOR

DR ANDREW DELBANCOCOUNCILOR

DR ANNE CASECOUNCILOR

DR CAROLINE W BYNUMCOUNCILOR/V.P.

DR CLYDE F BARKERCOUNCILOR

DR DAVID HOLLINGERCOUNCILOR

DR DAVID SKORTONCOUNCILOR/SECY

DR DOUGLAS S MASSEYCOUNCILOR

DR DUSA MCDUFFCOUNCILOR

DR HARRIET ZUCKERMANCOUNCILOR

DR NINA JABLONSKIV.P./COUNCIL

DR JIANGUO LIUCOUNCILOR

DR JOANNA AIZENBERGCOUNCILOR

DR JOHN C VAN HORNECOUNCILOR

DR JONATHAN R COLECOUNCILOR

DR JULIA H GAISSERCOUNCILOR

DR KATHLEEN HALL JAMIESONCOUNCILOR

DR KEITH S THOMSONCURATOR/COUNCIL

DR LESLIE C AIELLOCURATOR/COUNCIL

DR LINDA K KERBERCOUNCILOR

About this charity

Recognized since
January 1934
Location
104 SOUTH FIFTH STREET, PHILADELPHIA, PA 19106
County
Philadelphia
In care of
Dr Patrick Spero
Primary officer
Dr Patrick Spero, CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
HOWE KELLER & HUNTER PC
NTEE classification
Arts, Culture & Humanities (A700)
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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