2025-07-07T11:56:10-05:00 2024-08-31 410746749 CLIFTONLARSONALLEN LLP 293 EISENHOWER PARKWAY 2ND FLOOR LIVINGSTON NJ 07039 990 2023-09-01 454597273 PAIDEIA INSTITUTE FOR HUMANISTIC STUDY PAID 6094290734 75 VARICK STREET 11TH FLOOR NEW YORK NY 10013 MARCO ROMANI TREASURER 6094290734 2025-07-03 1 0 BRIDGET HARTNETT P01429163 9739949494 2025-07-03 2023 2025-03-06 01:10:19Z JASON PEDICONE 75 VARICK STREET 11TH FLOOR NEW YORK NY 10013 4273076 0 X WWW.PAIDEIA-INSTITUTE.ORG X 2012 NY THE PAIDEIA INSTITUTE (PI) AIMS TO PROMOTE THE STUDY OF THE HUMANITIES THROUGH EDUCATIONAL PROGRAMMING IN EUROPE AND THE UNITED STATES. BY 'HUMANISTIC' PI UNDERSTANDS NOT ONLY THE MATERIAL THAT IS TAUGHT, NAMELY THOSE ACADEMIC DISCIPLINES WHICH STUDY THE PRODUCTIONS OF HUMAN CULTURE IN DISTINCTION FROM THE NATURAL OR SOCIAL SCIENCES, BUT ALSO HOW THAT MATERIAL IS PRESENTED. 18 15 24 177 0 0 554119 1275766 3127030 2918002 5210 1468 16593 -11633 3702952 4183603 0 764 0 0 1407690 1484706 0 0 230990 3519419 3176879 4927109 4662349 -1224157 -478746 1185703 894372 2409496 2462506 -1223793 -1568134 X THE PAIDEIA INSTITUTE PROMOTES THE STUDY OF THE CLASSICAL HUMANITIES THROUGH ACADEMIC PROGRAMMING ABROAD, US-BASED OUTREACH, PUBLICATIONS, AND DIGITAL INITIATIVES. 0 0 2028538 764 2132723 CLASSICAL TOURS. THE PURPOSE OF THESE TOURS IS TO SPREAD HUMANISTIC STUDY AND KNOWLEDGE OF CLASSICAL ANTIQUITY TO A BROADER BASE THAN CAN BE SERVED BY OUR INDEPENDENT PROGRAMMING AND TO MAKE AVAILABLE OUR LOCAL KNOWLEDGE SO AS TO HELP INSTRUCTORS OF LATIN AND GREEK AT HIGH SCHOOLS AND UNIVERSITIES CREATE TRIPS TO EUROPE FOR THEIR OWN STUDENTS. THE LENGTH OF EACH TRIP VARIED FROM 7 TO 21 DAYS. 1259321 650275 THE PAIDEIA INSTITUTE RUNS VARIOUS "LIVING IN" PROGRAMS. THIS INCLUDES LIVING GREEK IN GREECE, LIVING LATIN IN PARIS, LIVING LATIN IN ROME AND LIVING LATIN IN ROME FOR HIGH SCHOOL STUDENTS.THESE PROGRAMS OFFER THE UNUSUAL PEDAGOGICAL APPROACH OF TREATING LATIN AS A SPOKEN LANGUAGE, COMBINED WITH EXTENSIVE VISITS TO ANCIENT ROMAN SITES. EACH COURSE LASTED TWO WEEKS AND INVOLVED TWO HOURS OF CLASSROOM TIME PER DAY, PLUS TWO OR THREE HOUR SITE VISITS THREE DAYS A WEEK AND ONE AND A HALF HOUR PRACTICE SESSIONS TWICE A WEEK, FOR A TOTAL OF 21 HOURS OF FORMAL TEACHING PER WEEK. 204910 0 THE PAIDEIA INSTITUTE IS COMMITTED TO EXPANDING ACCESS TO THE CLASSICAL HUMANITIES AND TO BUILDING AND SUPPORTING A NETWORK OF INDIVIDUALS WHO CARE DEEPLY ABOUT ANCIENT LANGUAGES, LITERATURE, HISTORY, AND ART. PAIDEIA'S OUTREACH INITIATIVES FALL INTO THREE MAIN CATEGORIES:TEACHING LITERACY WITH LATIN, CAREERS FOR CLASSICISTS, AND PUBLICATIONS. IN 2023, 600 STUDENTS ENROLLED IN THE INSTITUTE'S STUDY ABROAD PROGRAMS, AND THE INSTITUTE OFFERED TEN FULL SCHOLARSHIPS FOR A TOTAL OF $37,000. 124803 135004 TELEPAIDEIA OFFERS COURSES ON CLASSICAL HUMANITIES, SUCH AS TEACHING LATIN AND GREEK ON-LINE. THE INSTITUTE ALSO RUNS LIVING GREEK COURSES IN GREECE, A TEACHING CONFERENCE IN NEW YORK, AND MANY OTHER EVENTS. THESE PROGRAMS VARY FROM ONE-DAY EVENTS TO TWO-WEEK COURSES. THESE PROGRAMS ALLOW TEACHERS AND STUDENTS OF LATIN TO EXPLORE AND PRACTICE THE ACTIVE USE OF LATIN IN THE CLASSROOM. 124803 135004 3617572 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 51 0 1 24 1 0 1 IT 0 0 0 1 1 0 0 0 0 0 0 X 18 15 0 0 0 0 0 1 0 1 1 0 0 1 1 0 1 0 0 1 1 0 CA NY X X MARCO ROMANI 6094290734 VIALE DI TRASTEVERE ROME IT 00153 JASON PEDICONE PRESIDENT 40.00 X X 139060 0 62901 DANIEL G COHEN BOARD MEMBER 2.00 X 0 0 0 JOSHUA DAVIS BOARD MEMBER 2.00 X 0 0 0 KATHLEEN DE RIESTHAL BOARD MEMBER 2.00 X 0 0 0 JAMES HANKIN BOARD MEMBER 2.00 X 0 0 0 BEN MARROW BOARD MEMBER 2.00 X 0 0 0 JAMES ALBRECHT BOARD MEMBER 2.00 X 0 0 0 SUSAN BAUMANN BOARD MEMBER 2.00 X 0 0 0 S GEORGIA NUGENT BOARD MEMBER 2.00 X 0 0 0 PAUL MUMMA BOARD MEMBER 2.00 X 0 0 0 SCOTT CLEMONS BOARD MEMBER 2.00 X 0 0 0 MARCO ROMANI MISTRETTA TREASURER 40.00 X X 115884 0 7247 JONATHAN SABO BOARD MEMBER 2.00 X 0 0 0 ANNIE NUGENT BOARD MEMBER 2.00 X 0 0 0 PARISA JAFFER BOARD MEMBER 2.00 X 0 0 0 BEVERLY MCCASKILL BOARD MEMBER 2.00 X 0 0 0 GABRIELA D'ADDARIO SECRETARY 40.00 X X 80952 0 21942 TINA COURPAS BOARD MEMBER 2.00 X 0 0 0 335896 0 92090 2 0 1 0 0 443094 832672 1275766 CLASSICAL TOURS 611600 2132723 2132723 TRAVEL COURSES 611600 650275 650275 TELEPAIDEIA 611600 135004 135004 2918002 1468 1468 40280 443094 89473 -49193 -49193 CREDIT CARD CONVENIENC 900999 19113 19113 MISCELLANEOUS 900999 18447 18447 37560 4183603 2918002 0 -10165 764 764 464764 312834 97414 54516 644009 433482 134985 75542 40835 27486 8559 4790 81247 54687 17029 9531 253851 170867 53207 29777 13311 1632 11522 157 41219 5053 35680 486 11578 1419 10022 137 37127 6186 11432 19509 9595 5760 2924 911 95754 57483 29185 9086 82396 1656 80740 32981 5407 18810 8764 167263 167263 39798 6884 32914 STUDENT EXPENSES 1604426 1604426 STAFF COSTS 524754 452449 56284 16021 EDUCATIONAL MATERIALS 393881 391716 2165 OTHER COSTS 61182 50505 8914 1763 61614 26876 34738 4662349 3617572 813787 230990 106845 174885 690691 366689 24205 10394 91446 97843 28966 272516 215595 1185703 894372 103319 181443 126754 30969 1903306 2028273 276117 221821 2409496 2462506 X -1337019 -1681360 113226 113226 -1223793 -1568134 1185703 894372 X -478746 165456 -31051 X X 0 1 X 1 0 X 750117 524876 580872 554119 1275766 3685750 1274778 316754 2097190 3127030 2918002 9733754 2024895 841630 2678062 3681149 4193768 13419504 0 146032 146032 146032 146032 13273472 1332 261 1445 5210 1468 9716 1332 261 1445 5210 1468 9716 34245 16410 71224 16593 37560 176032 2060472 858301 2750731 3702952 4232796 13605252 0.97560 0.98560 0.00070 0.00080 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2019 AMOUNT: $ 34,245. 2020 AMOUNT: $ 16,410. 2021 AMOUNT: $ 71,224. 2022 AMOUNT: $ 16,593. 2023 AMOUNT: $ 37,560. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 RIGHT OF USE ASSET - OPERATING 215595 215595 LEASE LIABILITY 221821 221821 X 4438532 165456 89473 254929 4183603 0 4183603 4782873 120524 120524 4662349 0 4662349 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, IS NOT LIABLE FOR FEDERAL OR STATE INCOME TAXES. THE ORGANIZATION FOLLOWS ACCOUNTING STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN, OR EXPECTED TO BE TAKEN, IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEARS ENDED AUGUST 31, 2024 AND 2023, AND THERE WERE NO SIGNIFICANT INCOME TAX UNCERTAINTIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSE 89,473. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT RECOVERY 31,051. SPECIAL EVENTS EXPENSE 89,473. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 1 0 ABROAD SUMMER STUDY AND TOURS TEACHING CLASSICAL LANGUAGES 1259057 1 0 0 0 1 0 1259057 0 1259057 0 0 0 0 0 0 ANNUAL GALA 483374 443094 40280 49708 17304 22461 483374 443094 40280 49708 17304 22461 89473 -49193 X 0 0 0 0 0 0 0 0 0 JASON PEDICONE PRESIDENT 139060 0 0 0 0 0 5673 0 57228 0 201961 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF MEMBERS AND THEIR RIGHTS ARE ELECTED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B 990 IS REVIEWED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED ON THE OCCASIONS ON WHICH A NEW ECONOMIC RELATIONSHIP IS UNDER CONSIDERATION, WHETHER WITH A POTENTIAL VENDOR, CONTRACTOR OR EMPLOYEE, THAT MAY INVOLVE A CONFLICT OF INTEREST. THE OFFICER WHO HAS A FINANCIAL OR FAMILIAL RELATIONSHIP WITH THE POTENTIAL VENDOR, CONTRACTOR OR EMPLOYEE DISCLOSES THAT RELATIONSHIP AND DOES NOT PARTICIPATE IN THE DISCUSSION AND DECISION-MAKING PROCESS ABOUT ESTABLISHING AN ECONOMIC RELATIONSHIP. EXAMPLES INCLUDE THE DECISION IN 2014 TO HIRE MANAGEMENT CONSULTANT ANNA DENTON (THEN WIFE OF THE INSTITUTE'S PRESIDENT JASON PEDICONE) TO REVIEW MANAGEMENT PRACTICES, AND THE DECISION IN 2016 TO HIRE DAVID HEWETT, BROTHER OF THE ORGANIZATION'S CO-FOUNDER ERIC HEWETT, AS TOURS OUTREACH MANAGER. FORM 990, PART VI, SECTION B, LINE 15 THE TWO KEY OFFICERS OF THE ORGANIZATION, THE PRESIDENT AND THE TREASURER, HAVE THEIR SALARIES REVIEWED AND SET ON AN ANNUAL BASIS BY THE BOARD OF DIRECTORS. THE TREASURER PREPARES A SALARY PROPOSAL AS PART OF A GENERAL BUDGET FOR THE COMING FISCAL YEAR TO ENSURE THAT OFFICER SALARIES ARE IN LINE WITH THE FINANCIAL POSITION OF THE ORGANIZATION. THE TREASURER ALSO RESEARCHES COMPARABLE SALARIES PAID BY OTHER EDUCATIONAL NON-PROFITS BASED IN NEW YORK CITY OR THE NORTHEAST REGION TO ENSURE THAT OFFICER SALARIES ARE IN LINE WITH THE INDUSTRY NORMS. THE OFFICER SALARY PROPOSAL IS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS, WHICH MAKES SUGGESTIONS AND RECOMMENDATIONS, AT A MEETING PRIOR TO A BOARD OF DIRECTORS' MEETING. THE PROPOSAL, AS AMENDED BY THE FINANCE COMMITTEE, IS SUBMITTED TO A VOTE AT THE SUBSEQUENT MEETING OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO ALL THE MEMBERS OF ITS BOARD OF DIRECTORS AND BOARD OF ADVISORS. IT MAKES ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. IT MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO POTENTIAL DONORS IN THE FUND-RAISING PROCESS UPON REQUEST. IT REFERS INQUIRES FROM THE GENERAL PUBIC TO THE PUBLICLY AVAILABLE 990 FORMS, WHICH ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: BAD DEBT RECOVERY -31,051. PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR.