Classical Association Of The Atlantic States Inc
- Assets
- $3.8m
- Revenue
- $389.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 06/1970
- Data as of
- 12/2021
- EIN
- 51-0104317
Organization Overview
Classical Association Of The Atlantic States Inc is located in Philadelphia, PA. The organization was established in 1970. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Classical Association Of The Atlantic States 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, Classical Association Of The Atlantic States Inc generated $389.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $141.7k during the year ending 12/2021. 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
SUPPORT RESEARCH AND FOSTER PUBLIC SUPPORT FOR THE STUDY OF ANCIENT GREECE AND ROME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLASSICAL ASSOCIATION OF THE ATLANTIC STATES STRIVES TO MEET ITS GOALS BY ORGANIZING MEETINGS FOR ITS MEMBERS WHERE THEY CAN SHARE TEACHING AND RESEARCH INTERESTS; BY PUBLISHING A PROFESSIONAL PERIODICAL, CLASSICAL WORLD: A QUARTERLY JOURNAL ON ANTIQUITY; BY SUPPORTING THROUGH DONATIONS AND OTHER FINANCIAL MEANS THE WORK OF LOCAL AND STATE CLASSICAL ORGANIZATIONS WITHIN ITS REGION; AND BY PROVIDING SCHOLARSHIPS AND GRANTS IN AID TO INDIVIDUALS, LOCAL ELEMENTARY, MIDDLE AND HIGH SCHOOLS, AS WELL AS COLLEGE AND UNIVERSITY CLASSICS DEPARTMENTS TO FURTHER RESEARCH AND LEARNING ABOUT THE ANCIENT WORLD. OVER THE YEARS, THE CLASSICAL ASSOCIATION OF THE ATLANTIC STATES HAS SUPPORTED PRESENTATIONS TO HIGH SCHOOL AUDIENCES, UNDERWRITTEN RESEARCH GRANTS, HELPED FINANCE SYMPOSIA AND CONFERENCES ON CLASSICAL TOPICS, AND CONTRIBUTED TO OTHER NON-PROFIT ORGANIZATIONS THAT SEEK TO FOSTER INTEREST IN THE ANCIENT WORLD.DURING THE CALENDAR YEAR ENDING DECEMBER 31, 2021, THE CLASSICAL ASSOCIATION OF THE ATLANTIC STATES ACHIEVED ITS MISSION THROUGH THE FOLLOWING ACCOMPLISHMENTS: 1. VIRTUAL ANNUAL MEETING OF MEMBERS FOR THE PURPOSE OF PRESENTING SCHOLARLY PAPERS RELATED TO THE STUDY OF THE CLASSICAL WORLD AND TO SHARE TEACHING AND RESEARCH IDEAS, ACCOMPLISHMENTS, AND ACTIVITIES. 2. PUBLICATION OF CLASSICAL WORLD, A SCHOLARLY JOURNAL WITH FOUR ISSUES PER YEAR. 3. PROVIDING TRAVEL SUBSIDIES, GRANTS, SCHOLARSHIPS, AND OTHER FINANCIAL MEANS TO STUDENTS, TEACHERS, AND PROFESSORS WITH THE AIM OF PROMOTING LEARNING AND THE STUDY OF THE CLASSICAL CIVILIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Mitchell-Boyask Co-Editor, Classical World | OfficerTrustee | 10 | $15,000 |
Jennifer Ranck Webmaster | OfficerTrustee | 7.5 | $11,500 |
Henry Bender Treasurer | OfficerTrustee | 7.5 | $9,800 |
Mary Brown Executive Director | OfficerTrustee | 20 | $9,800 |
Maria Marsilio Program Coordinator | OfficerTrustee | 7.5 | $9,800 |
Ralph Rosen Officer-At-Large | OfficerTrustee | 7.5 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $92,789 |
| Investment income | $51,111 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $245,965 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $389,865 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,776 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $56,500 |
| Compensation of current officers, directors, key employees. | $34,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,564 |
| Fees for services: Accounting | $12,701 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,384 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,446 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,899 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,421 |
| All other expenses | $0 |
| Total functional expenses | $141,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $139,245 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,694,315 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,833,560 |
| Accounts payable and accrued expenses | $0 |
| 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 | $54,451 |
| Total liabilities | $54,451 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $3,779,109 |
| Total liabilities and net assets/fund balances | $3,833,560 |
Grants Awarded
Over the last fiscal year, Classical Association Of The Atlantic States Inc has awarded $22,550 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: to support the attendance of two members at the Classical Summer School in Rome. | $9,900 |
New York, NY PURPOSE: Living Latin in NYC 2016 | $7,250 |
Clinton, NY PURPOSE: To support "'Gathering Stories at the Edge of the World': Classics and Social Justice. A Performance by Rhodessa Jones and Members of The Medea Project: Theater for Incarcerated Women." | $5,400 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Classical Association Of The Atlantic States Inc has recieved totaling $27,874.
| Awarding Organization | Amount |
|---|---|
Philadelphia Foundation Philadelphia, PA PURPOSE: CLASSICAL STUDIES | $27,874 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Council Of Learned Societies New York, NY | $199,575,071 | $37,439,846 |
Advertising Research Foundation Inc New York, NY | $7,084,927 | $8,623,968 |
The International Coalition Of Historic Ite Museums Of Conscience New York, NY | $2,572,354 | $8,768,933 |
Theatre Communications Group Inc New York, NY | $7,458,021 | $6,461,267 |
The Broadway League Inc New York, NY | $17,394,373 | $2,874,492 |
American Symphony Orchestra League New York, NY | $11,789,942 | $6,931,089 |
Video Advertising Bureau Inc New York, NY | $5,863,677 | $6,614,761 |
Opera America Inc New York, NY | $21,495,082 | $5,690,929 |
American Institute Of Graphic Arts New York, NY | $6,026,446 | $3,684,558 |
Educational Theatre Association Cincinnati, OH | $4,547,140 | $4,060,084 |
American Numismatic Society New York, NY | $59,393,840 | $7,804,427 |
College Art Association Of America Inc New York, NY | $11,184,804 | $5,238,547 |