American Research Center In Egypt Inc
- Assets
- $89.7m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 10
- Location
- Alexandria, VA
- Founding
- 02/2011
- Data as of
- 06/2022
- EIN
- 04-2319500
Organization Overview
American Research Center In Egypt Inc is located in Alexandria, VA. The organization was established in 2011. According to its NTEE Classification (V35) the organization is classified as: International Studies, under the broad grouping of Social Science and related organizations. As of 06/2022, American Research Center In Egypt Inc employed 10 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. American Research Center In Egypt 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 06/2022, American Research Center In Egypt Inc generated $3.8m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $4.8m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN RESEARCH CENTER IN EGYPT (ARCE) IS COMMITTED TO SUPPORTING RESEARCH ON ALL ASPECTS OF EGYPTIAN HISTORY AND CULTURE, FOSTERING A BROADER KNOWLEDGE OF (SEE SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION AND PRESERVATION OF ANTIQUITIES - THE AMERICAN RESEARCH CENTER IN EGYPT IS COMMITTED TO HELPING EGYPT PRESERVE ITS RICH CULTURAL HERITAGE FOR THE BENEFIT OF FUTURE GENERATIONS WORLDWIDE. IN COLLABORATION WITH EGYPT'S SUPREME COUNCIL OF ANTIQUITIES, ARCE WORKS TO PRESERVE THE COUNTRY'S ANTIQUITIES THROUGH DOCUMENTATION, CONSERVATION, TRAINING, AND PUBLICATION. THE SCOPE OF OUR WORK HAS INCLUDED MORE THAN 50 MAJOR CONSERVATION PROJECTS THROUGHOUT EGYPT THAT SPAN THE ENTIRE RANGE OF THE COUNTRY'S RICH CULTURAL HISTORY, FROM PREHISTORY TO THE LATE OTTOMAN PERIOD, INCLUDING MASTERPIECES OF PHARAONIC, GRAECO-ROMAN, COPTIC, JEWISH, AND ISLAMIC ART AND ARCHITECTURE.
RESEARCH FELLOWSHIPS - OVER THE COURSE OF FIVE DECADES, ARCE'S FELLOWSHIP PROGRAM HAS BENEFITED MORE THAN 620 SCHOLARS, WHOSE RESEARCH INTERESTS SPAN THE DIVERSITY OF EGYPT'S PERIODS AND CULTURES. THE GOAL OF ARCE'S FELLOWSHIP PROGRAM IS TO PROMOTE A MORE PROFOUND KNOWLEDGE OF EGYPT AND THE NEAR EAST THROUGH STUDY AND RESEARCH AND TO AID IN THE TRAINING OF AMERICAN SPECIALISTS IN ACADEMIC DISCIPLINES THAT REQUIRE FAMILIARITY WITH EGYPT. PROGRAM ALUMNI INCLUDE DIRECTORS AND FACULTY OF MIDDLE EASTERN STUDIES DEPARTMENTS AT LEADING UNIVERSITIES IN THE UNITED STATES AND ABROAD, AND CURATORS OF EGYPTIAN AND NEAR EASTERN ART AT MAJOR MUSEUMS AND RESEARCH INSTITUTIONS.
PUBLIC PROGRAMS - AMERICAN-EGYPTIAN RELATIONS ARE AT THE CORE OF WHAT ARCE DOES. PUBLIC PROGRAMS CONSTITUTE A VITAL LINK IN CARRYING OUT ARCE'S MISSION OF FOSTERING BROADER KNOWLEDGE AND APPRECIATION OF EGYPT AMONG THE GENERAL PUBLIC IN THE UNITED STATES. WE CARRY OUT THIS MISSION BY SUPPORTING 13 LOCAL CHAPTERS, OFFERING CAIRO LECTURES AND EDUCATIONAL EXCURSIONS, HOSTING AN ANNUAL CONFERENCE, AND PROVIDING PUBLICATIONS ABOUT ARCE-SPONSORED PROJECTS IN EGYPT TO OUR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Wiles Chief Financial Officer | Officer | 40 | $158,875 |
Elizabeth Radachi Us Director | 40 | $160,115 | |
Louise C Bertini Executive Director | Officer | 40 | $147,352 |
Fatma Ismail Director Of Outreach | 40 | $106,636 | |
David Anderson President | OfficerTrustee | 5 | $0 |
Paul Stanwick Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $147,561 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $397,346 |
| All other contributions, gifts, grants, and similar amounts not included above | $278,673 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $823,580 |
| Total Program Service Revenue | $131,425 |
| Investment income | $1,529,612 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,322,950 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,827,017 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $60,360 |
| Grants and other assistance to Foreign Orgs/Individuals | $353,034 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $572,977 |
| Compensation of current officers, directors, key employees. | $306,226 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,106,878 |
| Pension plan accruals and contributions | $2,158 |
| Other employee benefits | $388,630 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $503,833 |
| Advertising and promotion | $0 |
| Office expenses | $267,290 |
| Information technology | $59,142 |
| Royalties | $0 |
| Occupancy | $188,763 |
| Travel | $306,833 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $118,551 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $148,067 |
| Insurance | $25,643 |
| All other expenses | $0 |
| Total functional expenses | $4,828,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,033,461 |
| Savings and temporary cash investments | $256,009 |
| Pledges and grants receivable | $2,183,767 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $238,056 |
| Net Land, buildings, and equipment | $79,313 |
| Investments—publicly traded securities | $77,963,129 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $61,782 |
| Other assets | $5,835,440 |
| Total assets | $89,650,957 |
| Accounts payable and accrued expenses | $177,073 |
| Grants payable | $1,096,423 |
| Deferred revenue | $149,439 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $13,908,454 |
| 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 | $1,086,408 |
| Total liabilities | $16,417,797 |
| Net assets without donor restrictions | $2,245,273 |
| Net assets with donor restrictions | $70,987,887 |
| 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 | $89,650,957 |