Ancient Egypt Research Asssociates Inc
- Assets
- $1.8m
- Revenue
- $794.2k
- Investments
- $0.0
- Employees
- 6
- Location
- Boston, MA
- Founding
- 05/1986
- Data as of
- 06/2023
- EIN
- 36-3325468
Organization Overview
Ancient Egypt Research Asssociates Inc is located in Boston, MA. The organization was established in 1986. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Ancient Egypt Research Asssociates Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ancient Egypt Research Asssociates Inc 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 06/2023, Ancient Egypt Research Asssociates Inc generated $794.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $893.0k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO RESEARCH AND EXPLORE ANCIENT EGYPT AND MAKE PUBLIC THE RESULTS OF THAT EXPLORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCCER FIELD: ARCHAEOLOGICAL EXCAVATION OF THE ROYAL ADMINISTRATIVE BUILDING AT THE OLD ABU EL-HOL SPORTS CLUB ON THE HEIT EL-GHURAB SITE
GIZA & CAIRO CENTER PROJECT - THE "CAIRO CENTER" HAS BEEN OFFICIALLY NAMED THE MARK LEHNER CENTER. LOCATED IN GIZA, EGYPT, THE LEHNER CENTER IS A COMPOUND OF BUILDINGS THAT INCLUDES A VILLA CONTAINING THE ARCHIVES OF OVER 25 YEARS OF FIELD EXPEDITIONS IN GIZA, MIT RAHINA AND LUXOR. IT ALSO HOUSES A COMPUTER LAB, LECTURE HALL/LIBRARY, LAUNDRY FACILITIES, KITCHEN AND STAFF QUARTERS. THE LEHNER CENTER IS MEANT TO BE THE HOME OF AN ARCHAELOGICAL COMMUNITY THAT BRINGS TOGETHER ARCHAEOLOGISTS FROM EGYPT AND AROUND THE WORLS IN A MUTUALLY BENEFICIAL EXCHANGE OF VALUES AND IDEAS.
PUBLICATION / WEBSITE: AERA'S PUBLICATIONS PROGRAM IS RESPONSIBLE FOR DISSEMINATIING THE RESULTS OF AERA'S FIELD WORK TO BOTH A BROAD GENERAL AUDIENCE AS WELL AS THE SCOLARLY COMMUNITY. PUBLICATIONS PRODUCES A SEMIANNUAL NEWSLETTER CALLED AERAGRAM AND AERA'S ANNUAL REPORT OUTLINING ITS ACCOMPLSHMENTS IN THE PRECEDING FISCAL YEAR. IN ADDITION, PUBLICATIONS PREPARES MANUSCRIPTS FOR THREE SERIES OF SCHOLARLY MONOGRAPHS AS WELL AS OTHER MISCELLANOUES BOOKS COVERING RESULTS AND ANALYSIS OF AERA'S FIELD WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Mark Lehner President | OfficerTrustee | 40 | $90,233 |
Megan Flowers Treasurer | OfficerTrustee | 30 | $64,365 |
Matthew Mccauley Chairman | OfficerTrustee | 1 | $0 |
Dr James Allen Director | Trustee | 1 | $0 |
Ed Fries Director | Trustee | 1 | $0 |
Kathy Derue Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $824,322 |
| Noncash contributions included in lines 1a–1f | $39,718 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $824,322 |
| Total Program Service Revenue | $0 |
| Investment income | $420 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$30,497 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $794,245 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $194,791 |
| Compensation of current officers, directors, key employees. | $13,674 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $409,881 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,883 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16 |
| Fees for services: Accounting | $25,927 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,738 |
| Travel | $54,417 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,834 |
| Insurance | $22,717 |
| All other expenses | $24,448 |
| Total functional expenses | $893,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,899 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $19,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $850 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,165 |
| Net Land, buildings, and equipment | $1,628,507 |
| Investments—publicly traded securities | $19,414 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,751,835 |
| Accounts payable and accrued expenses | $40,728 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $40,728 |
| Net assets without donor restrictions | $1,708,107 |
| Net assets with donor restrictions | $3,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,751,835 |