The Institute for Physics of Microstructures of the Russian Academy of Sciences (IPM RAS) was created in accordance with the Decree of the Presidium of Russian Academy of Science № 173 of 28 September, 1993 on the basis of Solid State Physics Division of the Institute of Applied Physics of the USSR Academy of Sciences (now IAP RAS). The first director of the IPM RAS was S.V. Gaponov (corresponding member of RAS since 1994, academician since 2008 and Councillor of RAS since 2009). In 2009 professor Z. F. Krasilnik headed the IPM RAS, in 2015 professor V.I. Gavrilenko.
According to the results of elections of 2021, Novikov Alexey V., a Doctor of Physics and Mathematics Science, was appointed the Director of IPM RAS.
IPM RAS is affiliated to the Physical Science Division of the Russian Academy of Sciences. Since 2009 the Institute is a part of Nizhny Nizhny Novgorod Research Center of RAS.
At present time the Institute for Physics of Microstructures of the Russian Academy of Sciences (IPM RAS), the branch of the Federal research center Institute of Applied Physics of the Russian Academy of Sciences (IAP RAS) conducts the researches in a variety of fields in physics of solid state, including: technologies and diagnostics nanostructures, silicon optoelectronics, optics of x-ray and ultraviolet ranges, spectrometry and electronics of the terahertz range, physics of magnetic nanostructures, physics of superconductors and superconducting electronics. In recent years, great attention in the IPM RAS has paid to biophysical and biomedical researches which are conducted jointly with Lobachevsky State University of Nizhny Novgorod (UNN). IPM RAS has close collaboration with UNN more than 20 employees teaching there.
The staff of IPM consists of 275 employees, including more than 180 researchers (25 with doctoral degrees and 86 PhD, 7 State Prize laureates and 1 laureate of State Prize of the Russian Federation for Young Scientists)
In 2004 the interfaculty base chair Physics of nanostructures and nanoelectronics was created at NNSU and IPM RAS. The Common Research Center «Physics and technology of micro- and nanostructures» was organized in order to enhance the efficiency of unique equipment exploitation.