Ariadne Institute for the Study of Myth and Ritual
Legal name: Ariadne Institute for the Study of Myth and Ritual Ltd
Nonprofit profile at a glance
- EIN
- 541772092
- IRS 990-EZ coverage
- 2011–2021
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990-EZ 2021, Form 990-N 2019
- Location
- Asheville, NC, USA
- Phone
- 5413458306
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $76,729
- Expenses
- $74,600
- Assets
- $38,625
- Liabilities
- $600
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- LAURA SHANNON (PRESIDENT)
People named in this filing
- JANA RUBLE (SECRETARY)
- MICKI SCOTT (TREASURER)
- LAURA SHANNON (PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To educate about the Goddess, ancient matriarchal societies, and women's spirituality through the Goddess Pilgrimage to Crete and related scholarship.
What it reported doing in 2021
We offer a two week program in crete, greece, exploring ancient sacred sites and museums as well as visiting with local village residents.
Operating model
- Revenue model
- Donor-supported. 66% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 82
- Sustainability: 32
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.5%; rating input score 88
- Program expense ratio: 90%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 2.8%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 0.52; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 40.2%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: 2.5% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: -0.1% per year; rating input score 0; 60th percentile among comparable filings
- Asset growth: 11% per year; rating input score 100; 72nd percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 87.5% of revenue deployed · 90% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $67K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2011 to 2021
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 44/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.
- High — Sustainability: Officer compensation ratio scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.