Archaeological Institute Of America
- Assets
- $17.4m
- Revenue
- $8.1m
- Investments
- $0.0
- Employees
- 25
- Location
- Boston, MA
- Founding
- 07/1958
- Data as of
- 06/2022
- EIN
- 13-5669180
Organization Overview
Archaeological Institute Of America is located in Boston, MA. The organization was established in 1958. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Archaeological Institute Of America employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Archaeological Institute Of America 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, Archaeological Institute Of America generated $8.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $6.7m during the year ending 06/2022. While expenses have increased by 0.6% per year over the past 7 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.
Since 2015, Archaeological Institute Of America has awarded 56 individual grants totaling $808,849. 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 Mission:
Part 3 - Line 1
THE INSTITUTE IS DEDICATED TO THE GREATER UNDERSTANDING OF THE RECORD OF THE HUMAN PAST, TO THE PROTECTION AND PRESERVATION OF THE WORLD'S ARCHAEOLOGICAL RESOURCES AND THE INFORMATION THEY CONTAIN, AND TO THE ENCOURAGEMENT AND SUPPORT OF ARCHAEOLOGICAL RESEARCH AND PUBLICATION.
Describe the Organization's Program Activity:
ARCHAEOLOGY MAGAZINE:OUR GREATEST OUTREACH TOOL IS OUR AWARD-WINNING POPULAR MAGAZINE WHICH ENTERED ITS SEVENTH DECADE OF PUBLICATION COMMITTED TO BRINGING THE EXCITEMENT OF ARCHAEOLOGICAL DISCOVERY TO A POPULAR AUDIENCE. FILLED WITH INCISIVE ARTICLES, COLORFUL GRAPHICS, AND STUNNING PHOTOS, EACH OF ARCHAEOLOGY'S BIMONTHLY ISSUES IS ENJOYED BY NEARLY 650,000 READERS WORLDWIDE.
AIA PROFESSIONAL SERVICES SUPPORT ARCHAEOLOGY AND ARCHAEOLOGISTS THROUGH GRANTS, FELLOWSHIPS, SCHOLARSHIPS, AWARDS, AND PUBLICATIONS.
SOCIETIES AND NATIONAL LECTURE PROGRAM :AIA HEADQUARTERS SPONSORS NATIONAL LECTURES ANNUALLY FOR EACH SOCIETY. BUT THE HEART OF EVERY AIA SOCIETY IS THE LOCALLY PLANNED PROGRAMS' FIELD TRIPS, LOCAL TOURS, SYMPOSIA, FILM FESTIVALS, AND STUDY GROUPS-AS WELL AS ADDITIONAL LECTURES ORGANIZED INDEPENDENTLY BY EACH SOCIETY. SOCIETY MEMBERS ENJOY A FULL PROGRAM OF ACTIVITIES THROUGHOUT THE YEAR THAT SERVE TO FOSTER AND ENHANCE THEIR INTEREST IN ARCHAEOLOGY. OUR MOST POPULAR EDUCATIONAL ACTIVITY, THE NATIONAL LECTURE PROGRAM CONNECTS PRACTICING ARCHAEOLOGISTS WITH NEARLY 20,000 PEOPLE EACH YEAR FOR STIMULATING ONE-ON-ONE DISCUSSION.
AMERICAN JOURNAL OF ARCHAEOLOGY:THE AMERICAN JOURNAL OF ARCHAEOLOGY IS ONE OF THE WORLD'S MOST DISTINGUISHED AND WIDELY DISTRIBUTED ARCHAEOLOGICAL JOURNALS. IT WAS FOUNDED IN 1885 AND IS A LEADER IN GROUND-BREAKING ARTICLES ON ARCHAEOLOGY AND THOUGHTFUL BOOK AND MUSEUM EXHIBITION REVIEWS. CIRCULATION OF THE AJA REACHES MORE THAN 40 COUNTRIES AND OVER 700 UNIVERSITIES, LEARNED SOCIETIES, DEPARTMENTS OF ANTIQUITIES, AND MUSEUMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laetitia La Follette President | OfficerTrustee | 15 | $0 |
Elizabeth S Greene First Vice President | OfficerTrustee | 7 | $0 |
David Adam Treasurer | OfficerTrustee | 7 | $0 |
Brian Daniels VP For Cultural Heritage | OfficerTrustee | 7 | $0 |
Laura Rich VP For Outreach And Education | OfficerTrustee | 7 | $0 |
Thomas Tartaron VP For Research & Academic Affairs | OfficerTrustee | 7 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Qg Printing Magazine Printing | 6/29/22 | $641,493 |
Darwin Cx Llc Subscription Fullfillment Services | 6/29/22 | $522,583 |
Fidelis Direct Mail Printing | 6/29/22 | $425,266 |
Firebird Presort Media Services | 6/29/22 | $275,973 |
Nps Media Group Circulation Consultant & List Rental | 6/29/22 | $165,735 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $228,366 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $359,960 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,509,357 |
| Noncash contributions included in lines 1a–1f | $49,858 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,097,683 |
| Total Program Service Revenue | $4,555,257 |
| Investment income | $554,638 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $844,406 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,122,022 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $84,490 |
| Grants and other assistance to domestic individuals. | $116,180 |
| Grants and other assistance to Foreign Orgs/Individuals | $13,254 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $519,792 |
| Compensation of current officers, directors, key employees. | $202,212 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,448,197 |
| Pension plan accruals and contributions | $66,717 |
| Other employee benefits | $181,503 |
| Payroll taxes | $145,287 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,000 |
| Fees for services: Accounting | $214,212 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $32,734 |
| Fees for services: Other | $388,269 |
| Advertising and promotion | $918,816 |
| Office expenses | $44,207 |
| Information technology | $174,580 |
| Royalties | $0 |
| Occupancy | $196,616 |
| Travel | $63,418 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $91,131 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $42,737 |
| Insurance | $29,250 |
| All other expenses | $150,648 |
| Total functional expenses | $6,732,143 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $179,591 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $84,600 |
| Accounts receivable, net | $271,551 |
| 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 | $1,326,717 |
| Net Land, buildings, and equipment | $54,309 |
| Investments—publicly traded securities | $15,508,279 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,425,047 |
| Accounts payable and accrued expenses | $834,709 |
| Grants payable | $0 |
| Deferred revenue | $3,380,963 |
| 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 | $4,215,672 |
| Net assets without donor restrictions | $496,214 |
| Net assets with donor restrictions | $12,713,161 |
| 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 | $17,425,047 |
Grants Awarded
Over the last fiscal year, Archaeological Institute Of America has awarded $70,221 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN SCH OF CLASS STUDIES AT ATHENS PURPOSE: PRESERVATION/EXCAVATION GRANT | $7,500 |
CAMBRIDGE UNIVERSITY PRESS PURPOSE: PRESERVATION/EXCAVATION GRANT | $7,000 |
FRIENDS OF OBERLIN VILLAGE PURPOSE: PRESERVATION/EXCAVATION GRANT | $15,000 |
SOUTHERN ILLINOIS UNIVERSITY BOARD OF TRUSTEES PURPOSE: PRESERVATION/EXCAVATION GRANT | $13,721 |
PENN MUSEUM PURPOSE: PRESERVATION/EXCAVATION GRANT | $7,000 |
UNIVERSITY OF NORTH FLORIDA PURPOSE: PRESERVATION/EXCAVATION GRANT | $20,000 |