THE AMERICAN PSYCHOANALYTIC ASSOCIATION INC

EIN: 131685533 501(c)(3)

NEW YORK, NY

Total Revenue
$2,851,824
Total Expenses
$3,102,039
Total Assets
$9,884,218
Net Assets
$8,447,294
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1911
Legal Domicile
NY
Principal Officer
THOMAS NEWMAN
Phone
2127520450
Tax Period
2023-09-01 to 2024-08-31

THE AMERICAN PSYCHOANALYTIC ASSOCIATION INC, founded in 1911, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. Net assets of $8.4M represent 36 months of operating reserves.

Mission

THE PURPOSE OF THE ASSOCIATION TO STUDY AND ADVANCE PSYCHOANALYSIS; TO ADVOCATE AND MAINTAIN STANDARDS FOR THE TRAINING OF PSYCHOANALYSTS AND FOR THE PRACTICE OF PSYCHOANALYSIS; TO FOSTER THE INTEGRATION OF PSYCHOANALYSIS WITH OTHER BRANCHES OF SCIENCE AND TO ENCOURAGE RESEARCH IN ALL FIELDS HAVING TO DO WITH THE SCIENTIFIC KNOWLEDGE AND WELFARE OF MAN.

Program Service Accomplishments

Program 1
Expenses: $949,524 Revenue: $491,886

SEMI-ANNUAL MEETINGSTHE ASSOCIATION AND ITS MORE THAN 3,000 HIGHLY TRAINED MEMBERS GATHER AT BIANNUAL MEETINGS IN FEBRUARY AND JUNE TO EXCHANGE IDEAS, PRESENT RESEARCH PAPERS, AND DISCUSS TRAINING...

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SEMI-ANNUAL MEETINGSTHE ASSOCIATION AND ITS MORE THAN 3,000 HIGHLY TRAINED MEMBERS GATHER AT BIANNUAL MEETINGS IN FEBRUARY AND JUNE TO EXCHANGE IDEAS, PRESENT RESEARCH PAPERS, AND DISCUSS TRAINING AND MEMBERSHIP ISSUES. MANY PUBLIC ACTIVITIES RELATING TO PSYCHOANALYSIS ARE PRESENTED BY THE APSAA'S AFFILIATED SOCIETIES AND BY INSTITUTES, WHICH HAVE THE HIGHEST LEVEL OF TRAINING FOR PSYCHOANALYSTS.

Program 2
Expenses: $820,128 Revenue: $129,276

COMMITTEES OF THE EXECUTIVE COUNCIL AND OF THE CORPORATIONTHESE PROGRAM ACTIVITIES INCLUDE:FUNDING PSYCHOANALYTICALLY-ORIENTED RESEARCHADVOCACY ON ISSUES CONCERNING THE PSYCHOANALYTIC PROFESSION AND...

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COMMITTEES OF THE EXECUTIVE COUNCIL AND OF THE CORPORATIONTHESE PROGRAM ACTIVITIES INCLUDE:FUNDING PSYCHOANALYTICALLY-ORIENTED RESEARCHADVOCACY ON ISSUES CONCERNING THE PSYCHOANALYTIC PROFESSION AND ITS PATIENTSCOMMUNICATIONS TO INFORM THE PUBLIC ABOUT PSYCHOANALYSIS OUTREACH IN ENCOURAGING EARLY-CAREER MENTAL HEALTH PROFESSIONALS' INTEREST IN PSYCHOANALYSISADMINISTERING A CERTIFICATION PROGRAM FOR PROFESSIONAL DEVELOPMENTEVALUATING AND ACCREDITING EDUCATIONAL POLICIES AND PRACTICES OF PSYCHOANALYTIC TRAINING INSTITUTE PROGRAMSFUND FOR PSYCHOANALYTIC RESEARCH - TO SUPPORT BASIC AND APPLIED RESEARCH INVOLVING PSYCHOANALYTIC PERSPECTIVES AND OBSERVATIONS; TO SUPPORT YOUNG SCHOLARS INTERESTED IN PSYCHOANALYTIC RESEARCH; TO PROVIDE PSYCHOANALYTIC SCHOLARS AN OPPORTUNITY TO CONSULT WITH EXPERIENCED INVESTIGATORS.

Program 3
Expenses: $338,561 Revenue: $354,520

JOURNAL OF THE AMERICAN PSYCHOANALYTIC ASSOCIATION (JAPA) AND THE AMERICAN PSYCHOANALYST (TAP)TO FURTHER THE DISSEMINATION OF PSYCHOANALYTIC IDEAS, APSAA PUBLISHES THE HIGHLY RESPECTED PEER-REVIEWED...

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JOURNAL OF THE AMERICAN PSYCHOANALYTIC ASSOCIATION (JAPA) AND THE AMERICAN PSYCHOANALYST (TAP)TO FURTHER THE DISSEMINATION OF PSYCHOANALYTIC IDEAS, APSAA PUBLISHES THE HIGHLY RESPECTED PEER-REVIEWED QUARTERLY JOURNALS

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,573,621
Program Service Revenue $975,682
Investment Income $289,733
Other Revenue $12,788
TOTAL REVENUE $2,851,824

Expense Breakdown

Grants Paid $151,143
Salaries & Benefits $1,523,036
Fundraising Expenses $0
Program Expenses $2,108,213
Other Expenses $1,427,860
TOTAL EXPENSES $3,102,039

Year-over-Year Comparison

2023 2022 Change
Revenue $2,851,824 $3,968,176 -0.3%
Expenses $3,102,039 $3,204,563 0.0%
Net Income $-250,215 $763,613 -1.3%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
56
Independent Members
54
Employees
13
Volunteers
54

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$309,382
Total Directors
57
$37,500
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL W PREZANT MD PRESIDENT 10.00
Officer Director
$16,250 $0 $16,250
BONNIE J BUCHELE PHD PRESIDENT ELECT 10.00
Officer Director
$2,500 $0 $2,500
JULIO G CALDERON MD TREASURER 10.00
Officer Director
$2,500 $0 $2,500
CAROLINE SEHON MD SECRETARY 10.00
Director
$0 $0 $0
SALLY ROSENBERG DO EXECUTIVE COMMITTEE DIRECTOR 10.00
Director
$0 $0 $0
SARAH L LUSK EXECUTIVE COMMITTEE DIRECTOR 10.00
Director
$0 $0 $0
PAULA J MORECI EXECUTIVE COMMITTEE DIRECTOR 10.00
Director
$0 $0 $0
JEFFREY TAXMAN MD EX OFFICIO MEMBER 10.00
Officer Director
$3,750 $0 $3,750
JEFF TUTTLE MD EXECUTIVE COMMITTEE DIRECTOR 10.00
Director
$0 $0 $0
KERRY J SULKOWICZ MD EX OFFICIO MEMBER 10.00
Officer Director
$12,500 $0 $12,500
WILLIAM GLOVER EX OFFICIO MEMBER 10.00
Director
$0 $0 $0
RALPH E FISHKIN DO EX OFFICIO MEMBER 10.00
Director
$0 $0 $0
JACK DRESCHER MD DIRECTOR-AT-LARGE 10.00
Director
$0 $0 $0
SUSAN D KOLOD DIRECTOR-AT-LARGE 10.00
Director
$0 $0 $0
LINDA L MICHAELS DIRECTOR-AT-LARGE 10.00
Director
$0 $0 $0
TIMOTHY H RAYNER MD DIRECTOR-AT-LARGE 10.00
Director
$0 $0 $0
NEAL SPIRA MD DIRECTOR-AT-LARGE 10.00
Director
$0 $0 $0
ALAN SUGARMAN DIRECTOR-AT-LARGE 10.00
Director
$0 $0 $0
SANDRA C WALKER DIRECTOR-AT-LARGE 10.00
Director
$0 $0 $0
LYN YONACK MSW DIRECTOR-AT-LARGE 10.00
Director
$0 $0 $0
APRIL CROFUT CANDIDATE DIRECTOR-AT-LARGE 10.00
Director
$0 $0 $0
IRIRA BUTCHER CANDIDATE DIRECTOR-AT-LARGE 10.00
Director
$0 $0 $0
KENNETH WINARICK PHD DIRECTOR 10.00
Director
$0 $0 $0
JONATHAN WEISS DIRECTOR 10.00
Director
$0 $0 $0
M JANE YATES PHD DIRECTOR 10.00
Director
$0 $0 $0
R DENNIS SHELBY PHD DIRECTOR 10.00
Director
$0 $0 $0
LAURA STEINBERG MD DIRECTOR 10.00
Director
$0 $0 $0
KERRY KELLY NOVICK DIRECTOR 10.00
Director
$0 $0 $0
JUDITH P KANE MD DIRECTOR 10.00
Director
$0 $0 $0
LARRY MORTAZAVI DIRECTOR 10.00
Director
$0 $0 $0
GENNIFER LANE BRIGGS DIRECTOR 10.00
Director
$0 $0 $0
DEANA SCHUPLIN DIRECTOR 10.00
Director
$0 $0 $0
KAREN LIPUT LCSW DIRECTOR 10.00
Director
$0 $0 $0
CARRIE ATIKUNE DIRECTOR 10.00
Director
$0 $0 $0
SANDRA J LANDEN EXECUTIVE COMMITTEE DIRECT 10.00
Director
$0 $0 $0
MAXINE FENTON GANN PHD DIRECTOR 10.00
Director
$0 $0 $0
KATHLEEN REICKER LCSW DIRECTOR 10.00
Director
$0 $0 $0
ARTHUR LEW MD DIRECTOR 10.00
Director
$0 $0 $0
DAVID MOORE PHD DIRECTOR 10.00
Director
$0 $0 $0
MARSHA ROBERTSON DIRECTOR 10.00
Director
$0 $0 $0
JESUS GONZALES-MONREAL DIRECTOR 10.00
Director
$0 $0 $0
PHYLLIS CATH MD DIRECTOR 10.00
Director
$0 $0 $0
KELLY SHANKS LIPPMAN MED LMHC DIRECTOR 10.00
Director
$0 $0 $0
RICHARD GOTTLIEB MD PHD DIRECTOR 10.00
Director
$0 $0 $0
ELISE W SNYDER MD DIRECTOR 10.00
Director
$0 $0 $0
J ANDREW VAN SLYKE DIRECTOR 10.00
Director
$0 $0 $0
DAVID E COOPER PHD DIRECTOR 10.00
Director
$0 $0 $0
SETH ARONSON PSYD DIRECTOR 10.00
Director
$0 $0 $0
VALERIE LAABS-SIEMON MS DIRECTOR 10.00
Director
$0 $0 $0
SUSAN P SHERKOW MD DIRECTOR 10.00
Director
$0 $0 $0
THOMAS CAMPBELL MD DIRECTOR 10.00
Director
$0 $0 $0
IRENE CAIRO MD DIRECTOR 10.00
Director
$0 $0 $0
LUKE HADGE PHD DIRECTOR 10.00
Director
$0 $0 $0
DEBRA A KATZ MD DIRECTOR 10.00
Director
$0 $0 $0
ALBERTO M VARELA MD DIRECTOR 10.00
Director
$0 $0 $0
LYNN STORMON DIRECTOR 10.00
Director
$0 $0 $0
ROD DAVIDSON DIRECTOR 10.00
Director
$0 $0 $0
TOM NEWMAN EXECUTIVE DIRECTOR 40.00
Officer
$220,151 $51,731 $271,882
CAROLYN M GATTO MEETING DIRECTOR 40.00
Highest
$143,296 $25,511 $168,807
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,851,824 $3,102,039 $9,884,218 $-250,215
2023 $3,968,176 $3,204,563 $9,188,381 $763,613
2022 $4,929,145 $3,038,848 $7,967,287 $1,890,297
2022 $4,929,145 $2,955,694 $7,992,287 $1,973,451
2021 $3,113,000 $2,489,006 $8,474,954 $623,994
2020 $2,960,332 $3,013,580 $6,876,223 $-53,248
2019 $3,056,142 $3,125,968 $6,431,197 $-69,826
2018 $3,143,265 $3,334,748 $6,607,977 $-191,483
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