Project Pericles Inc
- Assets
- $4.9m
- Revenue
- $591.1k
- Investments
- $93.3k
- Employees
- 3
- Location
- New York, NY
- Founding
- 05/2000
- Data as of
- 12/2021
- EIN
- 13-4097541
Organization Overview
Project Pericles Inc is located in New York, NY. The organization was established in 2000. 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. As of 12/2021, Project Pericles Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Pericles 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 12/2021, Project Pericles Inc generated $591.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $542.1k during the year ending 12/2021. While expenses have increased by 1.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROJECT PERICLES IS A NONPROFIT ORGANIZATION THAT ENCOURAGES AND FACILITATES COMMITMENTS BY COLLEGES AND UNIVERSITIES TO INCLUDE SOCIAL RESPONSIBILITY AND PARTICIPATORY CITIZENSHIP AS ESSENTIAL ELEMENTS OF THEIR EDUCATIONAL PROGRAMS. PROJECT PERICLES IS COMMITTED TO REAWAKENING AMERICAN UNDERGRADUATE EDUCATION TO ITS RESPONSIBILITY TO PREPARE STUDENTS TO BE EFFECTIVE CITIZENS AND LEADERS OF THEIR COMMUNITIES, NATIONS, AND WORLD. WE COLLABORATE WITH COLLEGES AND UNIVERSITIES TO INFUSE CIVIC ENGAGEMENT ELEMENTS ACROSS THE CURRICULUM, ENSURING THE SUCCESSFUL INTEGRATION OF THEORY AND PRACTICE. AT EACH INSTITUTION, WE WORK WITH PROGRAM DIRECTORS AND FACULTY MEMBERS TO DEVELOP RIGOROUS PROGRAMS IN THEIR CLASSROOMS, ON THEIR CAMPUSES, AND IN THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ms Jan R Liss Executive Director | OfficerTrustee | 40 | $209,875 |
Dr James H Mullen Jr Chair | OfficerTrustee | 1 | $0 |
Dr David A Caputo Treasurer | OfficerTrustee | 1 | $0 |
Dr Michael S Mcpherson Vice-Chair | OfficerTrustee | 1 | $0 |
Ms Janet S Dickerson Director | Trustee | 1 | $0 |
Dr Richard Ekman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $112,975 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $44,190 |
| All other contributions, gifts, grants, and similar amounts not included above | $84,136 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $241,301 |
| Total Program Service Revenue | $0 |
| Investment income | $161,400 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $187,097 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $591,107 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $92,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $218,271 |
| Compensation of current officers, directors, key employees. | $21,827 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,959 |
| Pension plan accruals and contributions | $3,034 |
| Other employee benefits | $0 |
| Payroll taxes | $19,275 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,148 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $2,070 |
| Fees for services: Investment Management | $9,946 |
| Fees for services: Other | $4,940 |
| Advertising and promotion | $0 |
| Office expenses | $6,123 |
| Information technology | $976 |
| Royalties | $0 |
| Occupancy | $85,337 |
| Travel | $496 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,108 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,127 |
| All other expenses | $306 |
| Total functional expenses | $542,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,865 |
| Savings and temporary cash investments | $946,706 |
| Pledges and grants receivable | $0 |
| 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 | $1,008 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,761,803 |
| Investments—other securities | $93,264 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,658 |
| Total assets | $4,873,304 |
| Accounts payable and accrued expenses | $41,994 |
| 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 | $41,994 |
| Net assets without donor restrictions | $26,694 |
| Net assets with donor restrictions | $4,804,616 |
| 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 | $4,873,304 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Project Pericles Inc has recieved totaling $100,000.
| Awarding Organization | Amount |
|---|---|
Eugene M Lang Foundation New York, NY PURPOSE: GENERAL | $100,000 |
Endowment Analysis
| Beg. Balance | $3,303,644 |
| Earnings | -$200,913 |
| Admin Expense | $8,268 |
| Other Expense | $120,000 |
| Ending Balance | $2,974,463 |
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 |