Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
EIN 13-1655205 • 501(c)3 • New York, NY
Profile
See Schedule O The American Society for Psychical Research, Inc. (ASPR), founded in 1885, is the oldest psychical research organization in the United States, serving public and professional audiences for more than 130 years. Its mission is to (a) use the scientific method to explore extraordinary or as yet unexplained phenomena that are typically referred to as being psychic or paranormal, and (b) serve as a resource for accurate and relevant information about such matters to researchers, scientists,students, scholars and the general public. The ASPR studies how the mind relates to matter,energy, space and time and the unexplained ways conscious beings interconnect with the universe and each other. The ASPR was founded by a group of visionary scholars, philosophers and scientists from Harvard and Columbia Universities, including the highly noted psychologist and philosopher William James. These founding members, who were devoted to exploring the uncharted realms of human consciousness,
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Liabilities / Revenue
69th percentile
Higher debt load relative to revenue than 69% of similar nonprofits.
Net Margin
97th percentile
Higher net margin than 97% of similar nonprofits.
Top Officer Pay
89th percentile
Higher top officer pay than 89% of similar nonprofits.
Top officer pay equals 4.8% of source-year revenue.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Assets
Up$3,586,436
Up $2,908,554 (+429%) from 2022
Liabilities
Down$954,841
Down $816,263 (-46%) from 2022
Net Assets
Up$2,631,595
Up $3,724,817 (+341%) from 2022
Revenue
Down$4,165,122
Down $15,268,448 (-79%) from 2022
Expenses
Down$467,709
Down $7,155,987 (-94%) from 2022
Net Income
Down$3,697,413
Down $8,112,461 (-69%) from 2022
Most recent year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.
See Schedule O The American Society for Psychical Research, Inc. (ASPR), founded in 1885, is the oldest psychical research organization in the United States, serving public and professional audiences for more than 130 years. Its mission is to (a) use the scientific method to explore extraordinary or as yet unexplained phenomena that are typically referred to as being psychic or paranormal, and (b) serve as a resource for accurate and relevant information about such matters to researchers, scientists,students, scholars and the general public. The ASPR studies how the mind relates to matter,energy, space and time and the unexplained ways conscious beings interconnect with the universe and each other. The ASPR was founded by a group of visionary scholars, philosophers and scientists from Harvard and Columbia Universities, including the highly noted psychologist and philosopher William James. These founding members, who were devoted to exploring the uncharted realms of human consciousness,
SEE SCHEDULE O.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $281,439 | $1,700,461 | ▲ $1,419,022 |
| Cash and Non-Interest-Bearing Accounts | $65,323 | $1,552,528 | ▲ $1,487,205 |
| Loans From Officers Directors | $1,750,000 | $825,000 | ▼ $925,000 |
| Inventories for Sale or Use | $199,073 | $199,073 | → $0 |
| Pledges and Grants Receivable | - | $8,611 | - |
| Accounts Receivable | $4,211 | - | - |
| Land, Buildings, and Equipment, Net | $3,449 | $3,646 | ▲ $197 |
| Prepaid Expenses and Deferred Charges | $3,039 | $1,617 | ▼ $1,422 |
| Savings and Temporary Cash Investments | $848 | - | - |
| Total Assets | $677,882 | $3,586,436 | ▲ $2,908,554 |
| Other Assets Total | $120,500 | $120,500 | → $0 |
| Liabilities | |||
| Other Liabilities | $15,354 | $117,396 | ▲ $102,042 |
| Accounts Payable and Accrued Expenses | $5,750 | $12,445 | ▲ $6,695 |
| Total Liabilities | $1,771,104 | $954,841 | ▼ $816,263 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $-1,187,929 | $2,536,888 | ▲ $3,724,817 |
| Net Assets With Donor Restrictions | $94,707 | $94,707 | → $0 |
| Total Net Assets Fund Balance | $-1,093,222 | $2,631,595 | ▲ $3,724,817 |
| Total Liabilities and Net Assets / Fund Balance | $677,882 | $3,586,436 | ▲ $2,908,554 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $3,646 | $130,120 | - |
| Other Assets Org | $5,500 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Patrice Keane | Executive Director | FT | $199,000 | $199,000 |
| Name | Title |
|---|---|
| Nancy Sondow | Presidenttrustee |
| Marie Cooper Janis | Trustee 1st Vice President |
| Elizabeth Maldonado | Secretarytreasurertrustee |
| Barbara Gallagher | Trustee |
| Susan Hurley | Trustee |
| George Kokoris | 2nd Vice Prestreasurertrust |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $249,628 |
| Other Expenses | $218,081 |
| Total Fundraising Expense | $27,276 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $135,432 | $36,115 | $9,029 | $180,576 |
| Other Expenses | $38,553 | $10,281 | $2,570 | $51,404 |
| Fees for Services Legal | $36,000 | $9,600 | $2,400 | $48,000 |
| Other Salaries and Wages | $28,050 | $7,480 | $1,870 | $37,400 |
| Insurance | $24,030 | $6,409 | $1,602 | $32,041 |
| Payroll Taxes | $15,565 | $4,150 | $1,038 | $20,753 |
| Fees for Services Accounting | $9,380 | $2,502 | $625 | $12,507 |
| Pension Plan Contributions | $8,174 | $2,180 | $545 | $10,899 |
| Office Expenses | $5,583 | $1,488 | $372 | $7,443 |
| Depreciation Depletion | $1,547 | $180 | $45 | $1,772 |
| Occupancy | $1,125 | $300 | $75 | $1,500 |
| All Other Expenses | $494 | - | - | $494 |
| Fees for Services Other | $161 | $43 | $11 | $215 |
| Interest | $129 | $34 | $9 | $172 |
| Travel | $87 | $23 | $6 | $116 |
| Total Functional Expenses | $347,998 | $92,435 | $27,276 | $467,709 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $1,750,000 | $825,000 | ▼ $925,000 |
| Liability | Amount |
|---|---|
| Fwt Payable | $49,489 |
| Retirement Payable | $40,559 |
| Nys Wh Payable | $17,563 |
| Nyc Wh Payable | $6,399 |
| Library Book Deposits | $2,075 |
| Suta Payable | $1,257 |
| Amex Payable | $54 |
“Part vi line 6 see explanation for line 7a”
“PART VI, LINE 7A”
“Part vi section a 7b all governance decisions of the organization are reserved to members or persons of the governing body.”
“Part VI, Line 11b The Form 990 tax return is prepared by an independent accounting firm and then reviewed by the Executive Director, Legal Counsel, President, Treasurer and Board of Trustees prior to being finalized and filed with the IRS.”
“Each year every board member is required to review the Conflict of Interest Policy and to submit an annual disclosure schedule listing any possible conflict of interest. In addition, directors and officers are required to disclose any potential conflict of interest that arises during the year.”
“Part VI, Line 15aCompensation Review & Approval Process-CEO & Top Management Appropriate comparability data is reviewed by the board prior to approval of compensation to ensure the compensation reflects fair market value compensation for services rendered. The comparability data used and the Boards review are contemporaneously in ASPRs records.”
“Part VI, Line 19 Copy of ASPRs Form 990 is made available to the general public upon request.”
“PRIOR PERIOD ADJUSTMENT”
“PART III LINE 1 THE AMERICAN SOCIETY FOR PSYCHICAL RESEARCH, INC (ASPR)FOUNDED IN 1885, IS THE OLDEST PSYCHICAL RESEARCH ORGANIZATION IN THE UNITED STATES, SERVING PUBLIC AND PROFESSIONAL AUDIENCES FOR MORE THAN 130 YEARS. ITS MISSION IS TO (A) USE THE SCIENTIFIC METHOD TO EXPLORE EXTRAORDINARY OR AS YET UNEXPLAINED PHENOMENA THAT ARE TYPICALLY REFERRED TO AS BEING PSYCHIC OR PARANORMAL, AND (B) SERVE AS A RESOURCE FOR ACCURATE AND RELEVANT INFORMATION ABOUT SUCH MATTERS TO RESEARCHERS,SCIENTIST, STUDENTS, AND SCHOLARS AND THE GENERAL PUBLIC. THE ASPR STUDIES HOW THE MIND RELATES TO MATTER, ENERGY, SPACE AND TIME AND THE UNEXPLAINED WAYS CONSCIOUS BEINGS INTERCONNECT WITH THE UNIVERSE AND EACH OTHER. Part III Line 1 The ASPR was founded by a group of visionary scholars, philosophers and scientist from Harvard and Columbia Universities, including the highly noted psychologist and phiulosopher William James. These founding members, who were devoted to exploring the uncharted realms of human consciousness, were inovators in psychology, psychiatry, psysics and astronomy, and shared a common interest in studying phenomena not yet explicable by accepted scientific theories. Freud and Jung were honary members of the ASPR. Leading thinkers and luminaries from a wide range of disciplines have been drawn to the ASPR throughout its history. Part III Line 4a RESEARCH, EDUCATION AND PUBLIC SERVICES The ASPR continues to meet the growing need for accurate and relevant information through its research activities, library and archival resources, public exhibitions, and educational resources and services. From its inception, the ASPR and its members have collected case reports and have researched extraordinary experiences including telepathy, clairvoyance, precognition, psychokinesis, psychic healing, and the question of whether our consciousness may survive death. The ASPR conducts laboratory research. Experiments examine the relationship of creativity to psychic phenomena, as well as the effects of hypnosis, dreaming, meditation, sensory deprivation and other altered states of consciousness. Part III, Line 4a The Society continues to collect accounts of psychic phenonomena from people around the world.The ASPR aims to serve as an important educational resource on psychical matters to the general public, including, in particular, to support the education and research activities of students and scholars from various disciplines. Each year we assist numerous individuals in person, by mail, phone and email. Part III, Line 4bLIBRARY AND ARCHIVES The ASPR maintains the largest and most comprehensive library and archives of its kind in the United States. Its collections span historical and contemporary topics in psychical research, as well as relevant information on the earliest history of psychology, psychiatry, mind-body medicine, American visionary traditions, and both Eastern and Western religious philosophy. The library includes thousands of out-of-print volumes, many of them extremely rare. Part III, Line 4a LIBRARY AND ARCHIVES The ASPR holds a vast archive of documents, photograghs, drawings, rare manuscripts, reports of experiences,research data, correspondence, and books that date back to the 1600s. They include original letters of William James, Henry James, W.B. Yeats, Upton Sinclair, Sir Arthur of contemporaryDoyle, and Houdini, as well as the archives scholars. The archives also house numerous special collections including one of the most important collections in America of manuscripts describing Shaker visionary experiences. Part III, Line 4a LIBRARY AND ARCHIVES The rarity of the archives can be appreciated by noting that the ASPR was previously the recipient of a grant from the National Endownment for the Arts to develop future exhibits. The ASPR has already exhibited portions of its archives in various museums and galaries including the Metropolitan Museum of Art, the American Folk Art Museum, the Maison Europeene de la Photograph”
“5. 20,171”
“Page 1 part 1 the american society for psychical research, inc (aspr), founded in 1885, is the oldest psychical research organization organization in the united states, serving public and professional audiences for more than 130 years. Its mission is to (a)use the scientific method to explore extraordinary or as yet unexplained phenomena that are typically referred to as being psychic or paranormal, and (b) serve as a resource for accurate and relevant information about such matters to researchers,scientist, students, scholars and the general public. The aspr studies how the mind relates to matter, energy, space and time and the unexplained ways conscious beings interconnect with the universe and each other. The aspr was founded by a group of visionary scholars, philosophers ans scientist from harvard and columbia universities, including the highly noted psychologist and philosopher william james. These founding members, who were devoted to exploring the uncharted realms of human consciousness, were innovators in psychology, psychiatry, psysics and astronomy, and shared a common interest in studying phenomena not yet explicable by accepted scientific theories. Freud and jung were honary members of the asps. Leading thinkers and luminaries from a wide range of disiplines have been drawn to the aspr throughout its history,”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PART VI LINE 6 SEE EXPLANATION FOR LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | PART VI SECTION A 7B ALL GOVERNANCE DECISIONS OF THE ORGANIZATION ARE RESERVED TO MEMBERS OR PERSONS OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Part VI, Line 11b The Form 990 tax return is prepared by an independent accounting firm and then reviewed by the Executive Director, Legal Counsel, President, Treasurer and Board of Trustees prior to being finalized and filed with the IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Each year every board member is required to review the Conflict of Interest Policy and to submit an annual disclosure schedule listing any possible conflict of interest. In addition, directors and officers are required to disclose any potential conflict of interest that arises during the year. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Part VI, Line 15aCompensation Review & Approval Process-CEO & Top Management Appropriate comparability data is reviewed by the board prior to approval of compensation to ensure the compensation reflects fair market value compensation for services rendered. The comparability data used and the Boards review are contemporaneously in ASPRs records. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Part VI, Line 19 Copy of ASPRs Form 990 is made available to the general public upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | PRIOR PERIOD ADJUSTMENT |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | PART III LINE 1 THE AMERICAN SOCIETY FOR PSYCHICAL RESEARCH, INC (ASPR)FOUNDED IN 1885, IS THE OLDEST PSYCHICAL RESEARCH ORGANIZATION IN THE UNITED STATES, SERVING PUBLIC AND PROFESSIONAL AUDIENCES FOR MORE THAN 130 YEARS. ITS MISSION IS TO (A) USE THE SCIENTIFIC METHOD TO EXPLORE EXTRAORDINARY OR AS YET UNEXPLAINED PHENOMENA THAT ARE TYPICALLY REFERRED TO AS BEING PSYCHIC OR PARANORMAL, AND (B) SERVE AS A RESOURCE FOR ACCURATE AND RELEVANT INFORMATION ABOUT SUCH MATTERS TO RESEARCHERS,SCIENTIST, STUDENTS, AND SCHOLARS AND THE GENERAL PUBLIC. THE ASPR STUDIES HOW THE MIND RELATES TO MATTER, ENERGY, SPACE AND TIME AND THE UNEXPLAINED WAYS CONSCIOUS BEINGS INTERCONNECT WITH THE UNIVERSE AND EACH OTHER. Part III Line 1 The ASPR was founded by a group of visionary scholars, philosophers and scientist from Harvard and Columbia Universities, including the highly noted psychologist and phiulosopher William James. These founding members, who were devoted to exploring the uncharted realms of human consciousness, were inovators in psychology, psychiatry, psysics and astronomy, and shared a common interest in studying phenomena not yet explicable by accepted scientific theories. Freud and Jung were honary members of the ASPR. Leading thinkers and luminaries from a wide range of disciplines have been drawn to the ASPR throughout its history. Part III Line 4a RESEARCH, EDUCATION AND PUBLIC SERVICES The ASPR continues to meet the growing need for accurate and relevant information through its research activities, library and archival resources, public exhibitions, and educational resources and services. From its inception, the ASPR and its members have collected case reports and have researched extraordinary experiences including telepathy, clairvoyance, precognition, psychokinesis, psychic healing, and the question of whether our consciousness may survive death. The ASPR conducts laboratory research. Experiments examine the relationship of creativity to psychic phenomena, as well as the effects of hypnosis, dreaming, meditation, sensory deprivation and other altered states of consciousness. Part III, Line 4a The Society continues to collect accounts of psychic phenonomena from people around the world.The ASPR aims to serve as an important educational resource on psychical matters to the general public, including, in particular, to support the education and research activities of students and scholars from various disciplines. Each year we assist numerous individuals in person, by mail, phone and email. Part III, Line 4bLIBRARY AND ARCHIVES The ASPR maintains the largest and most comprehensive library and archives of its kind in the United States. Its collections span historical and contemporary topics in psychical research, as well as relevant information on the earliest history of psychology, psychiatry, mind-body medicine, American visionary traditions, and both Eastern and Western religious philosophy. The library includes thousands of out-of-print volumes, many of them extremely rare. Part III, Line 4a LIBRARY AND ARCHIVES The ASPR holds a vast archive of documents, photograghs, drawings, rare manuscripts, reports of experiences,research data, correspondence, and books that date back to the 1600s. They include original letters of William James, Henry James, W.B. Yeats, Upton Sinclair, Sir Arthur of contemporaryDoyle, and Houdini, as well as the archives scholars. The archives also house numerous special collections including one of the most important collections in America of manuscripts describing Shaker visionary experiences. Part III, Line 4a LIBRARY AND ARCHIVES The rarity of the archives can be appreciated by noting that the ASPR was previously the recipient of a grant from the National Endownment for the Arts to develop future exhibits. The ASPR has already exhibited portions of its archives in various museums and galaries including the Metropolitan Museum of Art, the American Folk Art Museum, the Maison Europeene de la Photograph |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | 5. 20,171 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | PAGE 1 PART 1 THE AMERICAN SOCIETY FOR PSYCHICAL RESEARCH, INC (ASPR), FOUNDED IN 1885, IS THE OLDEST PSYCHICAL RESEARCH ORGANIZATION ORGANIZATION IN THE UNITED STATES, SERVING PUBLIC AND PROFESSIONAL AUDIENCES FOR MORE THAN 130 YEARS. ITS MISSION IS TO (A)USE THE SCIENTIFIC METHOD TO EXPLORE EXTRAORDINARY OR AS YET UNEXPLAINED PHENOMENA THAT ARE TYPICALLY REFERRED TO AS BEING PSYCHIC OR PARANORMAL, AND (B) SERVE AS A RESOURCE FOR ACCURATE AND RELEVANT INFORMATION ABOUT SUCH MATTERS TO RESEARCHERS,SCIENTIST, STUDENTS, SCHOLARS AND THE GENERAL PUBLIC. THE ASPR STUDIES HOW THE MIND RELATES TO MATTER, ENERGY, SPACE AND TIME AND THE UNEXPLAINED WAYS CONSCIOUS BEINGS INTERCONNECT WITH THE UNIVERSE AND EACH OTHER. THE ASPR WAS FOUNDED BY A GROUP OF VISIONARY SCHOLARS, PHILOSOPHERS ANS SCIENTIST FROM HARVARD AND COLUMBIA UNIVERSITIES, INCLUDING THE HIGHLY NOTED PSYCHOLOGIST AND PHILOSOPHER WILLIAM JAMES. THESE FOUNDING MEMBERS, WHO WERE DEVOTED TO EXPLORING THE UNCHARTED REALMS OF HUMAN CONSCIOUSNESS, WERE INNOVATORS IN PSYCHOLOGY, PSYCHIATRY, PSYSICS AND ASTRONOMY, AND SHARED A COMMON INTEREST IN STUDYING PHENOMENA NOT YET EXPLICABLE BY ACCEPTED SCIENTIFIC THEORIES. FREUD AND JUNG WERE HONARY MEMBERS OF THE ASPS. LEADING THINKERS AND LUMINARIES FROM A WIDE RANGE OF DISIPLINES HAVE BEEN DRAWN TO THE ASPR THROUGHOUT ITS HISTORY, |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Members or stockholder classes and rights Part VI line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Member election for additional members Part VI line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Governing body decisions Part VI line 7b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Conflict of interest policy compliance Part VI line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | CEO executive director top management comp Part VI line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Governing documents etc available to public Part VI line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Explanation of other changes in net assets or fund balances Part XI line 9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Part III response or note to any other line in Part III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Part XI response or note to any line in Part XI |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | General explanation attachment |
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