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New Jersey · Nonprofit

Trustees of the American School of Classical Studies at Athens

Trustees of the American School of Classical Studies at Athens (New Jersey) receives grants from 15 organizations whose IRS filings report $2,159,591 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($678,330). 10 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$20M
Funders on record
15
Grants received
$2.2M
Net assets
$249M
10/15 repeat funderspeak grant-dependency 3%
01What it does

What Trustees of the American School of Classical Studies at Athens does

Mission

The broad mission of the ASCSA has remained constant over its distinguished history: teaching research archaeological exploration publication and dissemination of research. Founded in 1881 the ASCSA provides graduate students and scholars from a consortium of nearly 200 leading North American colleges universities and research institutions a base for research and study in Greece.

As stated on its FY2025 Form 990.

Programs

  1. Instructional and Student Services: The School is a non-degree granting overseas research institution with a 9-month program of study for approximately 20 graduate-level students an independent study facility for over 80 post-graduate scholars one 6-week summer program for about 20 students and teachers and two 3-week summer programs with approximately 15 students in each. In addition there are study trips made available to students and visiting scholars. The School maintains approximately 4 full-year faculty on site each year.

    $2,279,604 spentof which $452,365 as grants$1,784,775 earned by the program
    19% of program spending
  2. Excavations: The School maintains two year-round excavation sites in the Athenian Agora and at Ancient Corinth. In the spring approximately 20 students take part in three 4-week excavation sessions at Corinth and during the summer approximately 40 students take part in an 8-week excavation season at the Agora. Both excavations maintain archaeological collections which are overseen by the Greek Archaeological Service.

    $5,653,204 spentof which $142,000 as grants$4,635,537 earned by the program
    47% of program spending
  3. Publication and Libraries: The American School maintains and operates two research libraries holding about 268,000 volumes in total. The Blegen Library has one of the most complete collections in the world for research in the civilization of ancient Greece. The Gennadius Library houses both volumes and electronic resources which comprise one of the most significant collections for the study of Hellenic civilization after the end of antiquity. The School publishes scholarly research in the form of books 3-5 volumes per year and a quarterly journal.

    $3,985,320 spent$1,828,847 earned by the program
    33% of program spending
  4. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $11,918,128.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($19M) Expenses 100 ($10M) Net assets 100 ($225M)2022 Revenue 138 ($27M) Expenses 139 ($14M) Net assets 92 ($208M)2023 Revenue 47 ($9.2M) Expenses 115 ($12M) Net assets 97 ($219M)2024 Revenue 73 ($14M) Expenses 142 ($14M) Net assets 102 ($229M)2025 Revenue 102 ($20M) Expenses 138 ($14M) Net assets 111 ($249M)
20212022202320242025
Revenue (102)Expenses (138)Net assets (111)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $230M to $249M (+8%).

$225M
$209M
$219M
$230M
$249M
20212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

52% of Trustees of the American School of Classical Studies at Athens’s revenue is contributions — about as donation-reliant as the typical peer (58% for the typical peer).

This organization
Typical peer · 812 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 5 reported years ran a deficit.

$9.3M
’21
$13M
’22
−$2.4M
’23
−$290k
’24
$5.8M
’25
1.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

G Orfanakos

Executive Director

Board chair

A Zagoreos

Chairman

As listed on its FY2025 Form 990.

20212022202320242025
Listed3230343436
Joined·+1+5+1+4
No longer listed·3112
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 9 funders, grant income rose $41k → $175k.

12 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 99% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Trustees of the American School of Classical Studies at Athens’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Trustees of the American School of Classical Studies at Athens leans on a few funders — its largest provides 31% of grant income and the top three 76%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Trustees of the American School of Classical Studies at Athens.

31%
largest funder
76%
top three
~4
effective funders

Largest funder’s share by year: 2017 49% · 2018 56% · 2019 54% · 2020 91% · 2021 41% · 2022 61% · 2023 34% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

80% of Trustees of the American School of Classical Studies at Athens's funders are still giving 3 years after their first grant; 67% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

99% of Trustees of the American School of Classical Studies at Athens's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $23k that is directly attributable, 100% of it comes from funders outside New Jersey, across 3 states.

NY
MA
CA

In-state vs out-of-state, by year

’21
’22
New Jersey out of state home

Funder states come from each funder’s own filing. $2.1M arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Trustees of the American School of Classical Studies at Athens runs a healthier operating margin than three-quarters of the 550 arts & culture nonprofits its size.

Operating margin30% · top quartile
Months of reserve1.9mo · below the median
Revenue growth (annualized)1% · bottom quartile

this organization peer median middle 50% of peers· 550 arts & culture nonprofits $10M–$100M, FY2025

Organizations like Trustees of the American School of Classical Studies at Athens

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New Jersey

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

82% of spending goes to programs.

Program 82%Management 12%Fundraising 7%

Governance

27
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 3 states

NY
MA
NJ

Screen this organization

A dated, signed PDF of the compliance screen for Trustees of the American School of Classical Studies at Athens: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Trustees of the American School of Classical Studies at Athens?
Trustees of the American School of Classical Studies at Athens (New Jersey) receives grants from 15 organizations whose IRS filings report $2,159,591 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($678,330). 10 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Trustees of the American School of Classical Studies at Athens have?
IRS filings report 15 organizations giving $2,159,591 in grants to Trustees of the American School of Classical Studies at Athens, 10 of which have funded it in more than one year.
Who is the largest funder of Trustees of the American School of Classical Studies at Athens?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $678,330 in grants. The full list of funders is on this page.
How can an organization like Trustees of the American School of Classical Studies at Athens find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Trustees of the American School of Classical Studies at Athens →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 15 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing