Association for the Advancement of Artificial Intelligence

Analysis

Association for the Advancement of Artificial Intelligence is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1981, 45 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Association for the Advancement of Artificial Intelligence reported income of $4.0m and spending of $4.4m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.6m to $4.0m (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Association for the Advancement of Artificial Intelligence sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 77th percentile within DC. Charities of a similar size with the same main cause include National Cryptologic Foundation Inc ($4.0m), Gwinnett Championship Foundation Inc ($4.0m) and New Orleans Opera Association ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 89% of the total. Compensation of current officers, directors and key employees was $199k (4.5% of expenses). Other salaries and wages came to $330k. At year end it held assets of $19.8m against liabilities of $3.9m, net assets of $15.9m. It reported 6 employees.