As we approach the centenary of AIP’s founding, we are pursuing a unifying vision for the physical sciences by listening to the diverse voices that comprise our community. This diversity is our core strength.

AIP CEO Michael H. Moloney
When I look back on the past few years, two words sum up my AIP story since I joined as CEO in 2018: change and transformation.
And 2021 was no different. We have continued to be guided by the four pillars of our Strategic Framework, using them to help us move closer toward its vision of AIP-2025. This year saw us make critical progress in each of the four pillars: AIP’s role as a federation of physical science societies; an institute that drives progress in our fields; a trusted, reputable source of information and analysis; and our standing as having an engaged, talented and diverse staff that delivers excellence to our stakeholders.
When I look back on 2021, I am proud for all that the AIP team and our Member Societies have been able to accomplish during these challenging times of COVID-19. I am hopeful and eager for what awaits us in the future as we move from the planning phase to the implementation phase of our transformation.
In reading this Annual Report, you can learn about the many ways we continue to deliver on our mission—to advance, promote and serve the physical sciences for the benefit of humanity. But before you do, I’d like to highlight three specific areas of our work from 2021 that stand out to me.
First, we’ve reimagined how we can better support our Member Societies through the establishment of a new Federation Office, as well as hiring our first Chief Federation Officer, Kevin Watkins.
This new role helps AIP to further our goal of being a vibrant federation that advances the success of our 10 Member Societies whose membership in turn comprises 116,000 members of the physical sciences community—researchers, teachers, students, scientists, engineers, and other practitioners.
I’m also proud of the work we’ve done this year to reinforce our work in the areas of diversity, equity, inclusion, belonging and accessibility. Our efforts have grown organically from the 2020 TEAM-UP Report
Finally, I feel a personal sense of responsibility for the new vault that houses our growing rare books collection. While building a vault itself may not seem particularly exciting, what the vault represents is a big deal: our library’s collection contains more than 4,000 rare books and manuscripts that document important discoveries in physics and physical sciences going back centuries, with some of the earliest books in our collection dating from the 1500s. There are only a handful of collections in the world of this scale and importance, and our collection contains some amazing treasures, like the first edition of Galileo’s Dialogo and Richard Feynman’s laboratory notebooks. We have a duty to preserve this unique resource of global importance for future generations. You can read about our 2021 acquisitions here
By the time we reach AIP-2025, we will have invested an estimated $7million in our strategic transformation journey. In addition, we have also invested about $10 million over the past five years to re-envision the future of the Center for History of Physics and the Niels Bohr Library & Archives. Such significant investments are due to the careful stewardship of our finances.
These are indeed exciting times at AIP as we continue to change and evolve in important and meaningful ways. Thank you for being a part of our journey. I can’t wait to see what the future holds for AIP-2025 and beyond.
Michael H. Moloney
Chief Executive Officer

I’m excited to join AIP at this critical time. Working together, the Institute, our Member Societies, and AIP Affiliates are well-positioned to provide unparalleled resources and leadership to advance not only AIP’s federation but also the entire physical sciences community.
Reimagining Scientific Meetings

The FACETS report explores potential changes to how science meetings could be planned, conducted, and expanded.
AIP assembled an expert panel with insight into the various aspects of the association conference value chain, from planning and design to execution and delivery. Their task was to reimagine meetings of the future to be more impactful for and valuable to scientific society stakeholders. The panel’s report offers ideas and suggestions on how scientific conferences — and association conferences in general — can integrate valuable lessons learned during the pandemic, from retooling in-person meetings to fine-tooling hybrid, virtual and asynchronous formats.
The result was the FACETS Report, the Future of Association Convening: Envisioning for The Sciences.
Establishing a Federation Office
To position AIP as a vibrant federation that advances the success of its Member Societies, AIP established a new Federation Office. In the fall we hired our first Chief Federation Officer, Kevin Watkins, to refocus, refine, and reimagine AIP’s efforts to better support our members. Watkins is actively engaging Member Society leadership to gain a better understanding of their strategic priorities and ways AIP can help to support their larger, strategic goals.
Leveraging Our Collective Strengths
To leverage our collective strengths to advance the physical sciences with a unifying voice of strength from diversity, in 2021 AIP began planning for the formation of two new convenings: the Federation Assembly and the Assembly Forum. The Federation Assembly is a new standing body of AIP Member Society representative leaders, focused on working together as a federation on issues, actions, and partnerships. The Federation Assembly will also guide the work of the AIP Federation Office and identify areas for collective action and shared impact.
The Assembly Forum will convene for the first time in 2022 and build on the former Assembly of Society Officers. The event will convene the leadership of AIP’s Member Societies, Affiliates, Board and other members of the AIP community for a day of learning and discourse, designed to address in a workshop format areas of mutual concern and expand the capabilities of all members of the AIP Federation. In 2021 convenings under the former name, the longstanding Assembly of Society Officers convened virtually for informative discussions around key topics, including new constructs for science policy and the future of association convening.

I know firsthand how challenging it can be…where not many, if any, people look like you or share similar cultural backgrounds. I want to change the narrative and help create supportive environments where diverse scientists can thrive and feel valued and welcomed.
Stronger Together through TEAM-UP
AIP continued to build on the work of the Task Force to Elevate African American Representation in Undergraduate Physics & Astronomy


Arlene Modeste Knowles, Diversity Task Force Project Manager
TEAM-UP organized two virtual webinars aimed at educating the public and diving deeper into the factors identified in the TEAM-UP Report. The first two webinars, Belonging: African American Women in Physics & Astronomy
In 2020, TEAM-UP also was awarded a $200,000 grant from the Heising-Simons Foundation to conduct workshops to educate and support selected physics and astronomy departmental teams in taking action to bolster African American student success. In 2021, 47 departments participated in these workshops, during which they engaged in specific topics, built networks, and shared information in support of building strategic action plans for cultivating an environment that supports African American students.
TEAM-UP has given us the essential tools for recruiting African-American students into the Physics major. At Lamar University, a Black-serving institution, this is especially important because half the population in our city is African American. It inspires us even more to ramp up our outreach efforts.
Taking Further Action to Advance Diversity, Equity, Inclusion, Belonging and Accessibility
AIP and seven Member Societies kicked off the year by joining more than 1,500 other leaders in signing the CEO Action for Diversity and Inclusion pledge, to demonstrate their organizations commitment to advancing diversity and inclusion in the workplace. The pledge, currently signed by CEOs across 85 industries, was created by CEO Action for Diversity & Inclusion
AIP partnered with the National Society of Black Physicists (NSBP) to present the inaugural Joseph A. Johnson III Award for Excellence to Howard University professor and physicist Thomas A. Searles. The award is named in honor of the renowned experimental physicist and former president of NSBP. The award will be given annually to recognize an early career NSBP physicist who exemplifies Johnson’s ingenuity as a scientist and passion for mentorship and service. The honor comes with a $5,000 award along with an invitation to give physics department colloquia.

Black in Physics WikiThon
In celebration of Black History Month in February, AIP partnered with Black in Physics
AIP also welcomed Jovonni Spinner as the leader of AIP’s new Office of Diversity, Equity, Belonging and Accessibility. Spinner will spearhead and expand AIP’s efforts to lead the physical sciences community toward an impactful understanding of how to be more welcoming to and supportive of diverse physical scientists throughout their careers, as well as lead activities that build off the success of TEAM-UP.

…the physical sciences’ contribution to the COVID-19 pandemic has stressed the importance of our nation’s investments in the science and engineering research ecosystem.
Calling on Government Leaders to Address Key Scientific Issues
In the spring, AIP and six Member Societies — American Association of Physicists in Medicine, American Association of Physics Teachers, American Crystallographic Association, American Meteorological Society, American Physical Society, and AVS: Science & Technology of Materials, Interfaces, and Processing — called on President Biden and Congressional leaders to support research and education in the physical sciences to address critical issues facing society. The letter
“We have a window of opportunity, with the support for science already shown by the Biden administration and congressional leadership at the highest levels, to rebuild America’s scientific leadership in the world with a renewed commitment toward research and development,” said AIP CEO Michael H. Moloney.
Learning About How to Conduct Advocacy in a Virtual World
In June, AIP convened its first government relations webinar, “Conducting Effective Virtual Meetings with Congress

Issues in Science and Technology podcast featured FYI
Coordinating a Virtual Congressional Visit Day
In November, AIP put its virtual skills to the test and assisted the American Association of Physics Teachers
FYI: Science Policy News from AIP
FYI was the first science outlet to report on several major developments related to the U.S. Innovation and Competition Act, a landmark science policy bill. FYI staff also were consulted for their science policy expertise, being interviewed by several major news outlets, including The Economist, the Wall Street Journal, and Scientific American.
In addition, our Federal Science Leadership Tracker was expanded to include more positions and a more dynamic interface. The upgrade was timed with the changeover in presidential administrations, in part because that is a time of heightened interest in the Senate confirmation process for nominees to top science positions.
FYI also appeared on the inaugural episode of a new podcast

I feel a personal sense of responsibility for AIP’s collection of rare books. We have a duty to preserve this treasure of global importance for future generations.
Preserving History

Close up of the preface of Evangelista Torricelli’s Lezioni Accademiche
Thanks to the generous support of the American Center for Physics, the National Endowment for the Humanities, and many other donors, in 2021 we continued to build out a new preservation vault to house our rare books and archival collections of the Niels Bohr Library & Archives. The vault adds approximately 3,000 linear feet of secure and environmentally controlled storage, doubling our archival storage capacity. The completed vault marks the end of the first phase of expanding and rebuilding our collection storage. The next phase will focus on the environmental controls in our original storage areas. The completion of the new vault storage area gives us room to grow, while the remediation of our other storage areas gives us the ability to control our storage environments for long-term preservation.
Sharing the Stories of Modern-Day Scientists
While the pandemic brought many challenges, it also brought opportunities, including the ability to significantly expand our oral histories
Prior to the pandemic, conducting interviews was often a lengthy process that involved coordinating the schedules of multiple people to conduct on-site video shoots. But the pandemic required us to transition to conducting these interviews virtually, resulting in a surprise; we went from producing 20-30 oral histories a year to nearly 150 in 2021, with double as much in the production queue to make accessible for our audiences.
Transitioning the Trimble Lectures
Our Lyne Starling Trimble History of Science Public Lecture Series

Voyages of the R/V Vema
Bringing the History of Science at Sea to Life
In our ongoing effort to make history accessible to all, the story of R/V Vema — a 1923 luxury yacht that was converted to a scientific research platform — is now chronicled in a new web exhibit
Making Thousands of Digital Images Available for Free
Anyone who is searching for historical images of laboratories, headshots, and candid photos of physical scientists can now have access to more than 28,000 digital images from the Emilio Segrè Visual Archives

There is nothing more satisfying than seeing a student have that ‘aha’ moment.

2021 SPS National Council and Executive Committee meeting
Society of Physics Students
Society of Physics Students successfully held their National Council and Executive Committee meetings Sept. 8-12, 2021, in Arlington, Va. The meetings included representation from 28 different universities, colleges, and institutions, and the meetings focused on pressing society matters facing undergraduate students and faculty across the globe.
Providing Financial Support
SPS awarded an estimated $170,000 to more than 100 students in 2021. These funds were awarded as scholarships
Helping to Improve the Quality of High School Physics Education
AIP’s William F. and Edith R. Meggers Project Award provides up to $25,000 biennially for projects aimed at boosting interest in physics and improving the quality of high school physics education. Two proposals were awarded this year.

Meggers Project Award
The first award went to University of Florida’s Brian Lane, Grace Bosse, and Terrie Galanti to provide tools and development for high school physics teachers to use more computational skills in their scientific curriculum. The $12,500 will be used to partner with Duval County Public Schools in Florida to implement, test, and access the effectiveness of their program, including exploring the relationships between development of student attitudes toward physics, student attitudes toward computation in physics, and participation in computational activities.

Grad School Shopper
Reimagining GradSchoolShopper
In response to market research, AIP retired its print version of GradSchoolShopper. The popular resource was rebranded and relaunched as an online directory housed on a new website, gradschoolshopper.com
In addition, AIP launched a new annual publication in collaboration with the Society of Physics Students and Physics Today, GradSchoolShopper magazine
Initial engagement on the website is encouraging, with students using the site in more depth and for longer periods.

I wanted to take a moment to thank you and AIP for your tremendous work in statistical research. It is a huge benefit to the community, and it makes my job as a professor easier.
Continuing to chart degree-granting physics departments in the U.S.
According to the Roster of Physics Departments with Enrollment and Degree Data, 2020
Delving Deeper into Understanding Our Undergrads

Physics Today coverage of SRC’s COVID-19 survey
AIP is also in year four of a five-year study looking at undergraduate students who have expressed an interest in majoring in physics. The study examines what makes some students persist while others do not. For students who’ve indicated they are no longer interested in physics, the survey delves into the factors that contributed to their decision to not pursue a degree in physics. Data from this study will be used to inform future AIP programmatic efforts to support students in obtaining a physics degree.
Gaining Insight into COVID’s Impact on Undergrads
A November 2021 article in Physics Today
The data came from our survey of senior physics and astronomy students, which found that new and returning students, particularly those from underrepresented groups, have faced pandemic-related challenges. Key findings included:
- 72% reported that they believed they learned less because of classes being switched from in person to online
- 52% reported they felt less confident that they could get full-time employment in their chosen field
- 42% of students of color said they were in a worse place financially, compared with 36% of the white students.

Via Physics Today: Our Flagship Magazine
Physics Today hosted a record 22 webinars in 2021 on topics ranging from probing local magnetic field patterns
Alongside webinars from the magazine’s advertisers was the launch of a new Editor’s Series, providing researchers with a platform to discuss their latest work. This year’s topics included the first generation of stars
Physics Today’s third Annual Careers Issue

Cover art for Physics Today October 2021, the Annual Careers Issue
In other exciting news, News Editor David Kramer scooped the world’s science media with his August story, “Lawrence Livermore claims a milestone in laser fusion
Via Inside Science: Science News for the Public
Inside Science continued to make science accessible and educational for audiences in 2021, with some coverage highlights including the cellular basis of fractal patterns in Romanesco and cauliflower
Via Media Services
Our Media Services team fielded more than 260 media requests and produced more than 680 pieces of content in 2021. The team produced 424 Scilights and nearly 260 press releases for AIP, AIP Publishing, and our Member Societies.
Media Services secured high-value media engagement around coverage of the Nobel Prize in Physics, including interviews with CNN

As a signatory of the United Nations Sustainable Development Goals Publishers Compact, AIPP has pledged to: broaden access to published research and data, sustainably and equitably; amplify diverse voices in the physical sciences; and seek partnerships in the scholarly and scientific communities, helping the physical sciences community to address the world’s most challenging problems with science.
Extending AIP Publishing’s Mission
AIP Publishing adopted a new mission statement
Making Publishing More Diverse and Inclusive
AIPP is an active participant in the Joint Commitment for Action on Inclusion and Diversity in Publishing, working to collaboratively advance DEI in the research pipeline. In 2021, we announced a new policy that allows authors to change their names
Making Research More Accessible
Our commitment to broadening access to research is evinced by the highest historic usage of AIP Publishing’s peer-reviewed journals in 2021, with many titles also receiving their highest Impact Factor. The rapid expansion of Read & Publish agreements with global academic institutions encourages and streamlines Open Access publishing. In 2021, we realized a 24% increase in the number of OA articles published, and we announced two new OA titles launching in 2022, APL Energy

Celebrating Our One-Year Anniversary
In 2021, AIP Foundation celebrated its one-year mark. The nonprofit was formed to amplify the work of AIP as a federation and an institute committed to science, with the following goals:
- to generate philanthropic support to deepen and share the history and importance of the physical sciences throughout the world,
- to motivate and encourage a new generation of scientists, and
- to strengthen commitment toward creating a more equitable and accessible physical sciences field for all.
While AIP Foundation was not able to have the in-person, public launch it had initially planned due to the pandemic, it hosted a successful online launch event
Speakers, ranging from New York Times Journalist James Glanz to former astronaut Ellen Ochoa to 2006 Nobel Physics Laureate John Mather, and others, talked about their passion and commitment to science and AIP. Students spoke about the many ways they’ve benefited from the support provided by the physical sciences community.
Click here

Celebrating the one-year anniversary of the AIP Foundation
Marking Milestones
Here’s a snapshot of the people and programs that benefited from the money that was raised due to the generosity of our donor community.
- $1,012,866 total raised from 1,059 donors
- More than 6,000 unique undergraduate students engaged via Society of Physics Students
- 1,531 library requests via Niels Bohr Library & Archives
- 150 oral history interviews recorded via Center for History of Physics
- 47 university departmental teams engaged via TEAM-UP Workshops
- 42 rare books acquired and added to our collection
Paying it Forward
Through AIP, we’ve seen how great things come when we engage and mobilize the power of voluntary support to propel our mission forward, which in turn benefits our Member Societies, the physical sciences, and society at large.
Want to make an impact in the physical sciences community? Find out how you can help

Financial Performance
In 2021, AIP posted its 12th consecutive year of positive net operating results, a testament to our long-term commitment to overall operational excellence. 2021 also served as a transition year in developing key actions for implementation of our Strategic Framework that will build our commitment to our overarching strategy and our audiences’ digital experience of AIP for the coming years.
From an operational standpoint, 2021 was an extension of the recurring themes of 2020, which were heavily influenced by the global pandemic. Though many of our meetings in 2021 continued to be held virtually, we were able to coordinate safely a few of our leadership gatherings in a hybrid model with in-person and virtual attendance. We are eager for what the future holds for AIP as we continue to refine how to navigate the new and emerging realities of work. AIP was able to remain financially strong, build on its organizational excellence and manage operating expenses below budget.
Some noteworthy 2021 financial highlights include:
- Net surplus from operations of $4.5M
- Investments generated a return of 14.3%, increasing to $231.8M
- Net assets increased 10.5% to $250.6M
- Net assets released from restricted reserves $12.5M
Net Assets and The Path Forward
Each year, AIP goes through the process of reviewing and evaluating its financial assets and aligning them with the Institute’s core goals and priorities. The Board Designations are the culmination of this effort. In 2021, total net assets released from restrictions totaled $12.5M, coming from donor restrictions ($3.0M) and board-designated funds ($9.5M). These funds provided valuable resources for implementing numerous priorities for 2021, which included the new vault for our rare books collection, the funding of the new AIP Endowed Professor of History of Natural Sciences at the University of Maryland, Venture Fund grants for Member Societies and Affiliates, and the funding of strategic initiatives focused on technology, content and portfolio development.
The Board continues to focus on how AIP is working to build out the overall stability and sustainability of our financial future, partly by using a multi-pronged approach that considers items for oversight of the operational budget and of spending formulas from quasi-endowments and other board-designated funds, the special purpose funds that are guided by donor intentions, and the operational risk reserves fund for managing financial risk in the longer term. We continue watching the trends and benchmarks of our peers, mitigating risks with uncertainty ahead in terms of market performance, general inflation and real growth in AIP’s expense base. This Board mandate provides financial discipline that allows for long-term financial stability balanced with a diversified investment approach that seeks stable asset appreciation.
AIP is grateful for the generous support provided by donors and sponsors for its programs and awards and will continue to be a disciplined steward of its financial assets.
AIP Financial Profile – Quick Facts
Here are some quick facts regarding AIP’s financial position:
- Approximately 50% of our expense base is related to people costs
- Over the period of 2015 – 2021 AIP’s expense base has grown in line with the consumer price index demonstrating our commitment to maintain a lean expense base
- AIP’s investment portfolio has outgrown CPI over the 2015 - 2021 timeframe when considering withdrawals to support operations and donor- specified support initiatives
- 98% of AIP’s Payments are now electronic and paperless
- 76% of AIP’s Net Assets are either Donor Restricted or Board Designated
- 100% of donations to the AIP Foundation went directly to supporting AIP’s Library, History Center, Student Programs and Diversity Initiatives

AIP 2021 Financial Profile