Institute For Aegean Prehistory
- Assets
- $42.4m
- Revenue
- $6.6m
- Investments
- $36.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/1983
- Data as of
- 06/2022
- 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 06/2022, Institute For Aegean Prehistory generated $6.6m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $5.0m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Institute For Aegean Prehistory has awarded 228 individual grants totaling $7,205,227. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
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 |
|---|---|---|---|
Malcolm H Wiener Vp/director | 10 | $24,000 | |
Harvey Beker Director | 2 | $0 | |
Carolyn S Wiener Director | 2 | $0 | |
Philip Betancourt President/director | 35 | $137,500 | |
Gregg Buckbinder Secretary/treasurer/direct | 2 | $0 | |
Henry Davis Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $553,512 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,975,133 |
| Capital Gain Net Income | $5,943,071 |
| Net ST Capital Gain | $600,114 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $55,333 |
| Total Revenue | $6,586,978 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $161,500 |
| Other employee salaries and wages | $1,494,638 |
| Pension plans, employee benefits | $275,435 |
| Interest | $17,915 |
| Taxes | $5,566 |
| Depreciation | $11,738 |
| Occupancy | $69,331 |
| Travel, conferences, and meetings | $18,886 |
| Printing and publications | $55,455 |
| Other expenses | $427,585 |
| Total operating and administrative expenses | $2,797,321 |
| Contributions, gifts, grants paid | $2,226,361 |
| Total expenses and disbursements | $5,023,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,632,999 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $21,342,898 |
| Net Land, buildings, and equipment | $20,370 |
| Other assets | $7,550 |
| Total assets | $42,432,801 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Institute For Aegean Prehistory has awarded $2,226,361 in support to 58 organizations.
| Grant Recipient | Amount |
|---|---|
ADAMANTIA VASILOGAMVROU PURPOSE: EXCAVATION: AYIOS VASILEOS | $60,000 |
ADAMANTIOS SAMPSON PURPOSE: PUBLICATION SUBVENTION: SARAKENOS CAVE VOLUME | $6,500 |
ALESSANDRA GIUMLIA-MAIR PURPOSE: SCIENTIFIC: PETRA, CHRYSSI METAL INVESTIGATION | $2,174 |
ALEXANDRA KARETSOU PURPOSE: PUBLICATION SUBVENTION: ALONAKI AND MT. JUKTAS | $15,000 |
ANNA D'AGATA PURPOSE: EXCAVATION: : RETHYMNO HILLY COUNTRYSIDE | $3,000 |
BRITISH SCHOOL AT ATHENS PURPOSE: PUBLICATION SUBVENTION: BSA SUPPLEMENT 51 | $5,000 |