Institute For Aegean Prehistory
- Assets
- $0.0
- Revenue
- $4.0m
- Investments
- $39.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/1983
- Data as of
- 06/2020
- EIN
- 13-3137391
Organization Overview
Institute For Aegean Prehistory is located in New York, NY. The organization was established in 1983. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Aegean Prehistory is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2020, Institute For Aegean Prehistory generated $4.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (19.9%) each year. All expenses for the organization totaled $5.9m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Institute For Aegean Prehistory has awarded 410 individual grants totaling $11,014,626. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INSTITUTE FOR AEGEAN PREHISTORY (INSTAP) SUPPORTS AND FUNDS EXCAVATION PROJECTS, FIELD SURVEYS, AND SCIENTIFIC ANALYSIS OF SITES IN GREECE AND THE MEDITERRANEAN.
INSTAP AIDS IN THE CONSERVATION OF SITES AND MATERIALS, THE STUDY AND RESEARCH OF ARCHAELOGICAL ARTIFACTS AND ASSEMBLAGES, AND SUBSIDIZES CONFERENCES AND SYMPOSIA RELATED TO THE INTERACTIONS OF THE CIVILIZATIONS OF THE AEGEAN, THE ANCIENT NEAR EAST, AND EGYPT.
INSTAP ACADEMIC PRESS HELPS PUBLISH PROJECTS DEALING WITH THE SUBJECT OF AEGEAN PREHISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Padgett Senior Administrator | 40 | $150,000 | |
Erin Hayes Co-Director Of Resea | 40 | $140,000 | |
Jason Earle Co-Director Of Resea | 40 | $140,000 | |
Philip Betancourt Vice President/director | 35 | $130,000 | |
Karen Velucci Director Of Grants | 40 | $120,900 | |
Susan Ferrence Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $886,984 |
| Profit on Inventory Sales | $0 |
| Other Income | $416,934 |
| Total Revenue | $4,040,162 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $175,874 |
| Pension plans, employee benefits | $245,367 |
| Depreciation | $23,828 |
| Occupancy | $79,055 |
| Travel, conferences, and meetings | $25,884 |
| Printing and publications | $13,554 |
| Total operating and administrative expenses | $2,878,435 |
| Contributions, gifts, grants paid | $3,017,880 |
| Total expenses and disbursements | $5,896,315 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $17,738,919 |
| Other assets | $7,550 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Institute For Aegean Prehistory has awarded $1,960,986 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
INSTAP STUDY CENTER FOR EAST CRETE PURPOSE: GENERAL OPERATIONS, VARIOUS PROJECTS | $1,355,656 |
TRUSTEES OF THE UNIV OF PENNSYLVANIA PURPOSE: TEACHING: ES-07102020 | $86,137 |
SHARON R STOCKER PURPOSE: EXCAVATION: PYLOS | $85,000 |
SISSI ARCHAEOLOGICAL PROJECT PURPOSE: EXCAVATION: KEPHALI HILL, SISSI | $35,000 |
MARIA VLAZAKI PURPOSE: EXCAVATION: MINOAN KYDONIA EXCAVATIONS | $30,000 |
BRITISH SCHOOL AT ATHENS PURPOSE: RESEARCH: KNOSSOS CURATION | $22,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grace Farms Foundation New Canaan, CT | $127,278,874 | $14,337,032 |
Build Health International Inc Beverly, MA | $9,391,112 | $16,132,621 |
China Medical Board Inc Cambridge, MA | $0 | $15,367,231 |
Rubin Museum Of Art New York, NY | $219,341,965 | $20,862,684 |
Pussycat Foundation New York, NY | $113,070,433 | $12,403,154 |
Tippet Rise Foundation New York, NY | $46,097,612 | $11,599,378 |
Gerry Foundation Inc Liberty, NY | $111,892,284 | $11,122,515 |
Moise Y Safra Foundation Inc New York, NY | $57,760,218 | $6,334,851 |
Rockefeller Archive Center Sleepy Hollow, NY | $198,097,366 | $11,995,066 |
Black River Outdoor Education Program Inc Great Neck, NY | $0 | $235,026 |
Tiger Baron Foundation Inc New York, NY | $135,800,192 | $10,090,454 |
Institute For Aegean Prehistory New York, NY | $0 | $4,040,162 |