BBB Wise Giving Report for
Archaeological Conservancy

BBB Wise Giving Report issued December 2010
BBB Wise Giving Report expires December 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Archaeological Conservancy
Address: 5301 Central Avenue NE, Suite 902
  Albuquerque, NM 87108
Phone: 505-266-1540
Web Address: www.archaeologicalconservancy.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 1979, California
Affiliates: Regional offices in Mississippi, Maryland, Ohio, and California.

Stated Purpose: "to preserve historical archaeological sites within the United States of America."

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Evaluation Conclusions

               

Archaeological Conservancy (AC) meets the 20 Standards for Charity Accountability.
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Programs

               

AC seeks to acquire, preserve, and manage endangered archaeological sites within the United States. According to AC, it has preserved 32 sites in the last year. AC transfers some of its permanent archaeological preserves to governmental organizations and promotes scientific research. In addition, AC reports providing educational services to about 23,000 members regarding the threats to our cultural heritage and how to preserve what remains. AC also publishes a quarterly magazine, "American Archaeology," which covers archaeology in the United States, Canada, and Mesoamerica, and reports on preservation efforts nationwide.

For the fiscal year ended July 31, 2009, AC's program expenses were:

  
Program services 1,873,832
Total Program Expenses: $1,873,832
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Governance

               

Chief Executive : Mark T. Michel, President
Compensation*:
 $131,000

Chair of the Board: Gordon Wilson
Chair's Profession / Business Affiliation: Retired president of Kemper-Johnston International

Board Size: 12

Paid Staff Size: 19

*August 1, 2008 - July 31, 2009 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

Direct mail, grant proposals, Internet appeals, planned giving, and membership appeals.
Fund raising costs were 5% of related contributions. (Related contributions, which totaled $2,791,014, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on AC's audited financial statements for the fiscal year ended July 31, 2009.

Source of Funds  
Donations of cash and archaeological sites 2,099,015
Membership fees 491,596
Seminar income, net 109,911
Membership development income, net 90,492
Interest and dividend income 69,894
American Archaeology magazine income 48,271
Property site rental income 9,891
Other income 533
Disposition of archaeological sites (loss) -12,873
Unrealized losses from marketable securities -124,640
Realized losses from marketable securities -174,530
Total Income $2,607,560


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Uses of Funds as a % of Total Expenses

Programs: 86%  Fund Raising: 7%  Administrative: 7% 

Total income   $2,607,560
  Program expenses $1,873,832
  Fund raising expenses 142,229
  Administrative expenses 156,567
 
Total expenses   $2,172,628
Income in Excess of Expenses   434,932
Beginning net assets   27,018,194
Ending net assets   27,453,126
Total liabilities   236,588
Total assets   $27,689,714


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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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