Civic Intelligence

Hellenic Ancient Culture Institute Inc

EIN 88-2942128 • 501(c)3 • New York, NY

Profile

The organization's mission is to preserve, protect, and manage greek antiquities - art, artifacts, and antiquities dating from prehistoric times through the dark ages - consistent with the patrimony laws of the hellenic republic. Through gifts, bequests, and loans, the organization is committed to ensuring these cultural treasures are maintained for the public benefit, with the eventual transfer of possession to the nicholas and dolly goulandris foundation -museum of cycladic art, where they can be further studied, exhibited, and appreciated.

1675 Broadway 17th FloorNew York, NY 10019

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE A • <$500k nonprofits • Source year 2025

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE A • <$500k nonprofits • Source year 2025

Net Margin

66th percentile

30%

Higher net margin than 66% of similar nonprofits.

NTEE A11 • <$500k nonprofits • Source year 2025

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE A11 • <$500k nonprofits • Source year 2025

Asset Growth

88th percentile

111%

Faster asset growth than 88% of similar nonprofits.

NTEE A • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

16th percentile

-50%

Faster revenue growth than 16% of similar nonprofits.

NTEE A • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$5,351

Up $5,351 from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$5,351

Up $5,351 from 2023

Revenue

Up

$40,000

Up $40,000 from 2023

Expenses

Up

$34,649

Up $34,649 from 2023

Net Income

Up

$5,351

Up $5,351 from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0K$4.0K$2.0K$0Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $5,351Liabilities 2024: $0Net Assets 2024: $5,3512024

Highlighted filing

2024

Assets$5,351
Liabilities$0
Net Assets$5,351

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40K$30K$20K$10K$0Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $40,000Expenses 2024: $34,649Net Income 2024: $5,3512024

Highlighted filing

2024

Revenue$40,000
Expenses$34,649
Net Income$5,351

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.1
Gross Receipts
$40,000
Mission and Program Overview

Mission

The organization's mission is to preserve, protect, and manage greek antiquities - art, artifacts, and antiquities dating from prehistoric times through the dark ages - consistent with the patrimony laws of the hellenic republic. Through gifts, bequests, and loans, the organization is committed to ensuring these cultural treasures are maintained for the public benefit, with the eventual transfer of possession to the nicholas and dolly goulandris foundation -museum of cycladic art, where they can be further studied, exhibited, and appreciated.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION HAVING RECEIVED IN 2022 THE LEONARD A. STERN COLLECTION OF CYCLADIC ART, A GROUP OF 161 WORKS MADE IN THE CYCLADIC ISLANDS OF GREECE, PRIMARILY IN THE EARLY BRONZE AGE (3200 TO 2000 BCE), THE METROPOLITAN MUSEUM OF ART IN NEW YORK (THE MET) CONTINUED THROUGHOUT THE TAX YEAR TO HOUSE THE LEONARD A. STERN COLLECTION OF CYCLADIC ART, EXCEPT DURING A PERIOD COMMENCING IN THE FINAL QUARTER OF 2023 WHEN A SELECTION OF WORKS FROM THE COLLECTION WAS TRANSPORTED TO ATHENS, GREECE, EXHIBITED PUBLICLY BY THE NICHOLAS AND DOLLY GOULANDRIS FOUNDATION-MUSEUM OF CYCLADIC ART (THE MCA), AND FEATURED IN A CATALOGUE PUBLISHED BY THE MCA. THE ORGANIZATION IN TANDEM WITH THE MCA ALSO CONTINUED PLANNING AND PREPARATION FOR EXHIBITION OF THE ENTIRE COLLECTION AT THE MET, COMMENCING IN JANUARY 2024. THESE ACTIVITIES WERE UNDERTAKEN FOR STUDY, CONSERVATION AND SAFEKEEPING OF THE COLLECTION, IN FURTHERANCE THE ORGANIZATION'S MISSION TO PRESERVE, PROMOTE AND PROTECT GREEK ANTIQUITIES. IT IS THE POLICY OF THE ORGANIZATION THAT THESE WORKS BE USED DIRECTLY IN FURTHERANCE OF THAT MISSION AND THAT THEY NEVER BE DISPOSED OF BY SALE OR EXCHANGE.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KASSANDRA MARINOPOULOUPresident-$0--
RONALD BANGSVice President - Thru 9/17/24-$0--
EDWARD STERNDirector - Thru 9/17/24-$0--
JOHN COUMANTAROSDirector-$0--
PETER GOULANDRISDirector-$0--
Filing and Contact Details

Filer

Filer Name
Hellenic Ancient Culture Institute Inc
EIN
88-2942128
Phone
9142603941
Address
1675 BROADWAY 17TH FLOOR, NEW YORK, NY 10019

Signing Officer

Name
Peter Goulandris
Title
Director
Phone
9142603941
Signed
2025-05-15
Discuss with paid preparer
Yes

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
500 MAMARONECK AVENUE SUITE 301, HARRISON, NY 10528-1633
Preparer
Eva Mruk
Phone
9143818900
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: jp morgan bank fees. Amount: 50.

Raw XML Appendix170 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION'S MISSION IS TO PRESERVE, PROTECT, AND MANAGE GREEK ANTIQUITIES - ART, ARTIFACTS, AND ANTIQUITIES DATING FROM PREHISTORIC TIMES THROUGH THE DARK AGES - CONSISTENT WITH THE PATRIMONY LAWS OF THE HELLENIC REPUBLIC. THROUGH GIFTS, BEQUESTS, AND LOANS, THE ORGANIZATION IS COMMITTED TO ENSURING THESE CULTURAL TREASURES ARE MAINTAINED FOR THE PUBLIC BENEFIT, WITH THE EVENTUAL TRANSFER OF POSSESSION TO THE NICHOLAS AND DOLLY GOULANDRIS FOUNDATION -MUSEUM OF CYCLADIC ART, WHERE THEY CAN BE FURTHER STUDIED, EXHIBITED, AND APPRECIATED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION HAVING RECEIVED IN 2022 THE LEONARD A. STERN COLLECTION OF CYCLADIC ART, A GROUP OF 161 WORKS MADE IN THE CYCLADIC ISLANDS OF GREECE, PRIMARILY IN THE EARLY BRONZE AGE (3200 TO 2000 BCE), THE METROPOLITAN MUSEUM OF ART IN NEW YORK (THE MET) CONTINUED THROUGHOUT THE TAX YEAR TO HOUSE THE LEONARD A. STERN COLLECTION OF CYCLADIC ART, EXCEPT DURING A PERIOD COMMENCING IN THE FINAL QUARTER OF 2023 WHEN A SELECTION OF WORKS FROM THE COLLECTION WAS TRANSPORTED TO ATHENS, GREECE, EXHIBITED PUBLICLY BY THE NICHOLAS AND DOLLY GOULANDRIS FOUNDATION-MUSEUM OF CYCLADIC ART (THE MCA), AND FEATURED IN A CATALOGUE PUBLISHED BY THE MCA. THE ORGANIZATION IN TANDEM WITH THE MCA ALSO CONTINUED PLANNING AND PREPARATION FOR EXHIBITION OF THE ENTIRE COLLECTION AT THE MET, COMMENCING IN JANUARY 2024. THESE ACTIVITIES WERE UNDERTAKEN FOR STUDY, CONSERVATION AND SAFEKEEPING OF THE COLLECTION, IN FURTHERANCE THE ORGANIZATION'S MISSION TO PRESERVE, PROMOTE AND PROTECT GREEK ANTIQUITIES. IT IS THE POLICY OF THE ORGANIZATION THAT THESE WORKS BE USED DIRECTLY IN FURTHERANCE OF THAT MISSION AND THAT THEY NEVER BE DISPOSED OF BY SALE OR EXCHANGE.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0HELLENIC ANCIENT CULTURE INSTITUTE, INC., SUPPORTED THE NICHOLAS AND DOLLY GOULANDRIS FOUNDATION-MUSEUM OF CYCLADIC ART, A FOREIGN ORGANIZATION THAT DOES NOT HAVE AN IRS DETERMINATIONUNDER 501(C)(3), 509(A)(1) OR (2). THE MUSEUM IS A CHARITABLE AND EDUCATIONAL ENTITY ORGANIZED UNDER THE LAWS OF THE HELLENIC REPUBLIC. THE ORGANIZATION HAS MADE A GOOD FAITH DETERMINATION THAT THE MUSEUM QUALIFIES FOR TAX EXEMPT STATUS UNDER CODE SECTIONS 501(A), 501(C)(3), AND 509(A)(1) IF IT WERE ESTABLISHED IN THE UNITED STATES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1HELLENIC ANCIENT CULTURE INSTITUTE SUPPORTS NICHOLAS AND DOLLY GOULANDRIS FOUNDATION MUSEUM OF CYCLADIC ART BY OTHERWISE PRESERVE ART, ARTIFACTS AND ANTIQUITIES OF THE HELLENIC REPUBLIC DATING FROM PREHISTORIC TIMES THROUGH THE DARK AGES, COLLECTIVELY TERMED GREEK ANTIQUES WITH THE RIGHT TO PROVIDE THE ULTIMATE TRANSFER OF POSSESSION TO THE NICOLAS AND DOLLY GOULDANDRIS FOUNDATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE ORGANIZATION RETAINS ULTIMATE CONTROL AND DISCRETION IN DECIDING WHETHER TO MAKE GRANTS TO ITS FOREIGN-SUPPORTED ORGANIZATION DESPITE THE CLOSE GOVERNANCE RELATIONSHIP WITH THE MUSEUM. WHILE THE MUSEUM APPOINTS A MAJORITY OF THE ORGANIZATION'S DIRECTORS, THE ORGANIZATION MAINTAINS INDEPENDENT DECISION-MAKING AUTHORITY REGARDING ITS GRANT-MAKING ACTIVITIES. THE DECISION TO PROVIDE GRANTS IS MADE SOLELY BY THE ORGANIZATION'S BOARD OF DIRECTORS WHO ARE RESPONSIBLE FOR ENSURING THAT ALL GRANTS COMPLY WITH THE ORGANIZATION'S MISSION, APPLICABLE LEGAL REQUIREMENTS, AND PROPER GOVERNANCE STANDARDS. THE ORGANIZATION'S BOARD ENSURES THAT GRANTS ARE MADE IN ALIGNMENT WITH ITS CHARITABLE PURPOSES AND THAT ALL NECESSARY CRITERIA ARE MET. GRANTS, LOANS, OR OTHER DISTRIBUTIONS TO ORGANIZATIONS WILL PRIMARILY CONSIST OF GREEK ANCIENT ARTWORKS, REFERRED TO AS FIGURINES. ONLY DE MINIMIS MONETARY FUNDS ARE ANTICIPATED TO BE INVOLVED IN THESE TRANSACTIONS. ALL GRANTS AND LOANS OF ART WILL BE CAREFULLY MONITORED TO ENSURE THEY ARE USED AS INTENDED. DETAILED RECORDS WILL BE KEPT, INCLUDING IDENTIFICATION AND CONDITION OF EACH INDIVIDUAL FIGURINE AT THE TIME OF GRANTING OR LOANING. ALTHOUGH THE MUSEUM, THE NICHOLAS AND DOLLY GOULANDRIS FOUNDATION - MUSEUM OF CYCLADIC ART, LOCATED IN ATHENS, GREECE, APPOINTS THE MAJORITY OF THE ORGANIZATION'S BOARD MEMBERS, THE BOARD RETAINS FULL DISCRETION IN SELECTING RECIPIENTS OF THESE GRANTS AND LOANS. THIS ENSURES THAT THE ORGANIZATION'S DECISIONS REMAIN INDEPENDENT, TRANSPARENT, AND IN LINE WITH ITS CHARITABLE OBJECTIVES.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
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ReturnHeader/ReturnTs02025-05-15T18:48:38-05:00
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
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