The Antiquities Coalition C/o Deborah Lehr

What it reported doing in 2024

Supporting the g20 in its fight against cultural racketeering: safeguarding cultural heritage in conflict zones: a roadmap for the g20 to combat the illicit trade in cultural objects. This evidenced-based report, drafted by leading experts, put forward nine concrete steps to strengthen global policy against the looting and trafficking of cultural objectsmany of which are already being implemented. Its publication came as the g20 began its annual summit in rome, where for the first time, heads of state and government from the twenty largest economies gathered to close art market loopholes. Combatting financial crimes in the art market: the antiquities coalition has been a key voice pushing for much needed changes in u.s. Policy towards the art market since 2019, when we launched our financial crimes task force, the first of its kind in the country. This multi-stakeholder initiative has detailed threats facing the american art market from money laundering, terrorist financing, sanctions violations, and related crimes. It also developed a roadmap for the u.s. Government to address these challenges, parts of which are already being implemented. Closing u.s. Borders to illicit antiquities: the united nations has long recognized that the illegal trade in cultural property undermines "international peace and security" by funding crime, armed conflict, and terrorism. Since the united states makes up 42% of the global art market, Washington can deal an effective blow against the overall black market by closing the country's borders to products of crime and conflict. From our start, a key priority has been shutting u.s. Borders to illicit antiquities, while increasing responsible cultural exchange and strengthening legitimate trade practices. We are proud to work with Washington and the international community in keeping stolen art and artifacts out of our markets. Other: to protect our shared heritage and global security, the antiquities coalition is leading the international campaign against cultural racketeering, the illicit trade in ancient art and artifacts. Our programs champion better law and policy, foster diplomatic cooperation, and advance other proven solutions with public and private partners.

Financial Efficiency

• Mission deployment rate: 69.8%; rating input score 70
• Program expense ratio: 76.1%; rating input score 76
• Fundraising efficiency: $50.44 raised per $1 spent on fundraising; rating input score 78; 78th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: 1 of 8 controls in place; rating input score 12
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Limited
  • Conducts field audits: Limited
  • May suspend future funding: Limited
  • Requires financial reports: Limited
  • Conducts site visits: Limited
  • Requires grant agreements: Limited
  • May require repayment: Limited
• Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 3 of 8 controls in place; rating input score 38
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Fail
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 8.3%; rating input score 58; 58th percentile among comparable filings
• Total-asset coverage ratio: 0.24; rating input score 11; 11th percentile among comparable filings
• Liabilities to assets ratio: 0.03; rating input score 58; 58th percentile among comparable filings
• Officer compensation ratio: 19.2%; rating input score 16; 16th percentile among comparable filings

Growth

• Program expense growth: 23.1% per year; rating input score 100; 85th percentile among comparable filings
• Revenue growth: 7% per year; rating input score 100; 54th percentile among comparable filings
• Asset growth: -8.3% per year; rating input score 0; 4th percentile among comparable filings