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Nonprofit · EIN 13-5658824

TRUSTEES OF THE AMERICAN SCHOOL OF CLASSICAL STUDIES AT ATHENS

Also known as ASCS

Tax-exempt · PRINCETON, NJ 08540

Financials

$9.2M$11.6M2022$14M$14.3M2023$19.8M$13.9M2024
Revenue Expenses · by fiscal year end
Financials of TRUSTEES OF THE AMERICAN SCHOOL OF CLASSICAL STUDIES AT ATHENS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$19,754,731$13,922,540$5,832,191$249,391,183$835,529$248,555,654
June 30, 2024990$14,048,677$14,338,409-$289,732$230,009,662$1,116,890$228,892,772
June 30, 2023990$9,184,944$11,582,556-$2,397,612$219,221,964$618,426$218,603,538
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$10,273,516
of which government grants
$90,000
Program service revenue
$877,952
Investment income
$8,221,546
Net gain from sales of assets
$3,590,635
Net income from fundraising events
$381,717
Other revenue
$381,717

Expenses

Grants and similar amounts paid
$690,695
Compensation of officers, directors and key employees
$1,482,900
Other salaries and wages
$3,296,176
Salaries, compensation and benefits (total)
$6,144,908
Professional fundraising fees
$0
Legal fees
$97,054
Accounting fees
$150,536
Occupancy
$993,875
Travel
$88,399
Depreciation
$1,486,575
Program services (functional)
$11,353,979
Management and general (functional)
$1,655,348
Fundraising (functional)
$913,213

Balance sheet and other

Total assets, start of year
$230,009,662
Total assets, end of year
$249,391,183
Total liabilities, end of year
$835,529
Net assets, end of year
$248,555,654
Land, buildings and equipment
$16,965,341
Publicly traded securities
$177,875,788
Net assets without donor restrictions
$111,638,445
Net assets with donor restrictions
$136,917,209
Gross receipts
$19,973,578
Employees
24
Volunteers
0
Year formed
1881
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
G OrfanakosExecutive Director
Key employee
40$292,728$29,208
P Panos euro salaried Note Sch JGeneral Manager
Key employee
40$185,747$25,361
M GeorgopoulouLibrary Director
Highest-paid employee
40$118,227$83,823
M SchnellerDirector of Finance and Administration
Key employee
40$158,416$43,193
C MauzyExcavation Deputy Director
Highest-paid employee
40$110,409$29,437
C SteinPublications Director
Highest-paid employee
40$104,730$19,358
C DaviesCommunication Director
Highest-paid employee
40$101,836$10,357
P KarkanasLab Director
Highest-paid employee
40$107,472$2,652
B WescoatDirector of School
Key employee
40$0$45,562
F BeineckeTrustee
Trustee or director
0$0$0
M LefkowitzTrustee
Trustee or director
0$0$0
R MaguireTrustee
Trustee or director
0$0$0
N HoneymanTrustee
Trustee or director
0$0$0
T Melas-KyriaziTrustee
Trustee or director
0$0$0
S MissoffeTrustee
Trustee or director
0$0$0
21 more people on this return
NameTitleHours / weekCompensation
A Packard-MartellTrustee
Trustee or director
0$0
W SlaughterTrustee
Trustee or director
0$0
C SteinmetzTrustee
Trustee or director
0$0
P TamvakakisTrustee
Trustee or director
0$0
A ZombanakisTrustee
Trustee or director
0$0
K YatrakisTrustee
Trustee or director
0$0
J CampTrustee
Trustee or director
0$0
A ZagoreosChairman
Trustee or director, Officer
2$0
W LoomisPresident
Trustee or director, Officer
12$0
C DakoliasTreasurer
Trustee or director, Officer
0$0
J McCabeSecretary
Trustee or director, Officer
0$0
S AndrisTrustee
Trustee or director
0$0
J BuikstraTrustee
Trustee or director
0$0
J CohenTrustee
Trustee or director
0$0
H DavisTrustee
Trustee or director
0$0
J DavisTrustee
Trustee or director
0$0
R DesnickTrustee
Trustee or director
0$0
A GeorgesTrustee
Trustee or director
0$0
G LavenderTrustee
Trustee or director
0$0
M LawallTrustee
Trustee or director
20$0
K ShanmugamTrustee
Trustee or director
0$0
990 for the year ended June 30, 2024: 34 people
NameTitleHours / weekCompensationOther / benefits
G OrfanakosExecutive Director
Key employee
40$283,073$28,242
P Panos euro salaried Note Sch JGeneral Manager
Key employee
40$180,276$26,113
M GeorgopoulouLibrary Director
Highest-paid employee
40$114,229$82,748
M SchnellerDirector of Finance and Administration
Key employee
40$153,059$43,163
R BurkeMellon Professor
Highest-paid employee
40$132,925$53,577
C MauzyExcavation Deputy Director
Highest-paid employee
40$106,676$28,380
B WescoatDirector of School
Key employee
40$0$41,538
F BeineckeTrustee
Trustee or director
0$0$0
M LefkowitzTrustee
Trustee or director
0$0$0
R MaguireTrustee
Trustee or director
0$0$0
G MarcusTrustee
Trustee or director
0$0$0
T Melas-KyriaziTrustee
Trustee or director
0$0$0
S MissoffeTrustee
Trustee or director
0$0$0
A Packard-MartellTrustee
Trustee or director
0$0$0
W SlaughterTrustee
Trustee or director
0$0$0
C SteinmetzTrustee
Trustee or director
0$0$0
P TamvakakisTrustee
Trustee or director
0$0$0
A ZombanakisTrustee
Trustee or director
0$0$0
K YatrakisTrustee
Trustee or director
0$0$0
J CampTrustee
Trustee or director
0$0$0
A ZagoreosChairman
Trustee or director, Officer
2$0$0
W LoomisPresident
Trustee or director, Officer
12$0$0
C DakoliasTreasurer
Trustee or director, Officer
0$0$0
J McCabeSecretary
Trustee or director, Officer
0$0$0
S AndrisTrustee
Trustee or director
0$0$0
J BuikstraTrustee
Trustee or director
0$0$0
J CohenTrustee
Trustee or director
0$0$0
H DavisTrustee
Trustee or director
0$0$0
J DavisTrustee
Trustee or director
0$0$0
R DesnickTrustee
Trustee or director
0$0$0
A GeorgesTrustee
Trustee or director
0$0$0
G LavenderTrustee
Trustee or director
0$0$0
M LawallTrustee
Trustee or director
20$0$0
K ShanmugamTrustee
Trustee or director
0$0$0
990 for the year ended June 30, 2023: 34 people
NameTitleHours / weekCompensationOther / benefits
G OrfanakosExecutive Director
Key employee
40$271,875$27,126
P Panos euro salaried Note Sch JGeneral Manager
Key employee
40$167,702$24,904
M SchnellerDirector of Finance and Administration
Key employee
40$146,845$43,263
M GeorgopoulouLibrary Director
Highest-paid employee
40$109,591$80,297
R BurkeMellon Professor
Highest-paid employee
40$133,339$52,007
J NeilsDirector of the School
Key employee
40$91,264$38,102
C MauzyExcavation Deputy Director
Highest-paid employee
40$102,345$26,964
B WescoatDirector of School
Key employee
40$0$18,001
M LefkowitzTrustee
Trustee or director
0$0$0
R MaguireTrustee
Trustee or director
0$0$0
G MarcusTrustee
Trustee or director
0$0$0
T Melas-KyriaziTrustee
Trustee or director
0$0$0
S MissoffeTrustee
Trustee or director
0$0$0
A Packard-MartellTrustee
Trustee or director
0$0$0
W SlaughterTrustee
Trustee or director
0$0$0
C SteinmetzTrustee
Trustee or director
0$0$0
P TamvakakisTrustee
Trustee or director
0$0$0
A ZombanakisTrustee
Trustee or director
0$0$0
J CampTrustee
Trustee or director
0$0$0
A ZagoreosChairman
Trustee or director, Officer
2$0$0
W LoomisPresident
Trustee or director, Officer
12$0$0
C DakoliasTreasurer
Trustee or director, Officer
0$0$0
J McCabeSecretary
Trustee or director, Officer
0$0$0
S AndrisTrustee
Trustee or director
0$0$0
J BuikstraTrustee
Trustee or director
0$0$0
J CohenTrustee
Trustee or director
0$0$0
H DavisTrustee
Trustee or director
0$0$0
J DavisTrustee
Trustee or director
0$0$0
R DesnickTrustee
Trustee or director
0$0$0
A GeorgesTrustee
Trustee or director
0$0$0
G LavenderTrustee
Trustee or director
0$0$0
M LawallTrustee
Trustee or director
20$0$0
K ShanmugamTrustee
Trustee or director
0$0$0
F BeineckeTrustee
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
321 WALL ST, PRINCETON, NJ 08540-1515
In care of
% WILLIAM T LOOMIS
Principal officer (990 for 2024)
William T Loomis, 321 Wall St, Princeton, NJ 085401515
Signed the 990
Maribeth, Schneller
Phone
(609) 454-6814

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.

990 for the year ended June 30, 2025

Program accomplishments

  • 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.
    Expenses $2,548,941 · grants $524,945 · revenue $2,589,460
  • 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.
    Expenses $4,335,562 · grants $165,750 · revenue $4,897,988
  • 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.
    Expenses $4,469,476 · revenue $2,945,269

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
13-5658824
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1932
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$249,391,183
Income (IRS master file)
$19,973,578

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$19,754,731$13,922,540$249,391,183XML
990-TDecember 2024–––IRS
990June 2024$14,048,677$14,338,409$230,009,662XML
990-TDecember 2023–––IRS
990June 2023$9,184,944$11,582,556$219,221,964XML
990June 2022–––IRS
990June 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-5658824).

Questions about TRUSTEES OF THE AMERICAN SCHOOL OF CLASSICAL STUDIES AT ATHENS

What is the EIN of TRUSTEES OF THE AMERICAN SCHOOL OF CLASSICAL STUDIES AT ATHENS?
The employer identification number (EIN) of TRUSTEES OF THE AMERICAN SCHOOL OF CLASSICAL STUDIES AT ATHENS is 13-5658824.
Is TRUSTEES OF THE AMERICAN SCHOOL OF CLASSICAL STUDIES AT ATHENS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1932.
Are donations to TRUSTEES OF THE AMERICAN SCHOOL OF CLASSICAL STUDIES AT ATHENS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TRUSTEES OF THE AMERICAN SCHOOL OF CLASSICAL STUDIES AT ATHENS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TRUSTEES OF THE AMERICAN SCHOOL OF CLASSICAL STUDIES AT ATHENS due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TRUSTEES OF THE AMERICAN SCHOOL OF CLASSICAL STUDIES AT ATHENS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of TRUSTEES OF THE AMERICAN SCHOOL OF CLASSICAL STUDIES AT ATHENS?
The 990 for the year ended June 30, 2025 names William T Loomis.
Who are the officers and directors of TRUSTEES OF THE AMERICAN SCHOOL OF CLASSICAL STUDIES AT ATHENS?
The 990 for the year ended June 30, 2025 lists 36 people; 8 received compensation from the organization, the highest $292,728 (G Orfanakos, Executive Director).
How much revenue does TRUSTEES OF THE AMERICAN SCHOOL OF CLASSICAL STUDIES AT ATHENS have?
On its 990 for the year ended June 30, 2025 it reported revenue of $19,754,731, expenses of $13,922,540 and total assets of $249,391,183 at year end.

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