American Petroleum Institute
API's mission is to influence public policy in support of a strong, viable US oil and natural gas industry essential to meet the energy needs of consumers in an efficient, environmentally responsible manner. API provides quality, environmental, and occupational health and safety management systems certification through APIQR. Membership dues based on market share volumes.
Organization Type:
National Trade or Professional Association
Tax Exempt Status:
501(c)(6)
Industry:
Natural Resources, Petroleum Industry, Fuels See Coal, Gas, Oil, Petroleum
Address:
200 Massachusetts Ave. NW
Suite 1100 Washington, DC 20001-5571
Members:
more than 600 member Organizations
Certification Programs:
ICP; EOLCS; APIQR; TPCP; DEF; MOM
Financial Snapshot
Total revenues: $252,327,496
Year - 2024
1st-yr growth
-5.69%
Year by Year
Revenue
CERTIFICATION PROGRAM
MEMBERSHIP DUES
Royalties
Other
Total expenses: $255,421,069
Year - 2024
1st-yr growth
-1.13%
Year by Year
Expenses
Compensation for non-officers/directors
Advertising and promotion
Other fees
Other
Total assets: $109,879,063
Year - 2024
1st-yr growth
-11.87%
Year by Year
Assets
Investments in publicly traded securities
Other assets
Accounts receivable
Other
Total Liabilities: $108,642,792
Year - 2024
1st-yr growth
-23.06%
Year by Year
Liabilities
Other liabilities
Accounts payable and accrued expenses
Deferred revenue
Regional/State Affiliation