Lyceum Fellowship Inc
- Assets
- $833.5k
- Revenue
- $14.0k
- Investments
- $761.9k
- Employees
- 0
- Location
- Falmouth, MA
- Founding
- 07/2002
- Data as of
- 12/2023
- EIN
- 04-3655746
Organization Overview
Lyceum Fellowship Inc is located in Falmouth, MA. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lyceum Fellowship Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Lyceum Fellowship Inc generated $14.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $98.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Lyceum Fellowship Inc has awarded 33 individual grants totaling $182,300. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LYCEUM FELLOWSHIP ADVANCES THE DEVELOPMENT OF THE NEXT GENERATION OF ARCHITECTURAL TALENT THROUGH A COMPETITION TO AWARD A TRAVEL FELLOWSHIP. THE DESIGN PROGRAM IS DEVELOPED BY LEADING ARCHITECTS AND JUDGED BY INSIGHTFUL JURY MEMBERS. PRIZE MONEY IS TARGETED TO STUDENTS ENROLLED IN AN ACCREDITED SCHOOL OF ARCHITECTURE. PRIZE WINNERS ARE REQUIRED TO BEGIN THEIR TRAVELS WITHIN 15 MONTHS OF WINNING THEIR TRAVEL GRANT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter N Vincent President | 5 | $0 | |
Jennifer A Sweet Treasurer | 1 | $0 | |
Joseph Sziabowski Clerk/secy | 0.5 | $0 | |
Thomas Mcneil Director | 0.5 | $0 | |
Michael Pardek Director | 0.5 | $0 | |
Molly Moore Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $18,750 |
| Interest on Savings | $0 |
| Dividends & Interest | $26,753 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$33,447 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,969 |
| Total Revenue | $14,025 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $105 |
| Taxes | $799 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $34,325 |
| Printing and publications | $5,475 |
| Other expenses | $11,754 |
| Total operating and administrative expenses | $73,783 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $98,783 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $71,185 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $583,325 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $429 |
| Total assets | $833,522 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lyceum Fellowship Inc has awarded $25,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
JACOB DASUTA PURPOSE: SEE STATEMENT 7 | $4,000 |
RUTH SHIFERAW PURPOSE: SEE STATEMENT 7 | $300 |
AVERY SEIP PURPOSE: SEE STATEMENT 7 | $300 |
MIKAYLA WILLIAMS PURPOSE: SEE STATEMENT 7 | $5,000 |
ISABEL VINEYARD PURPOSE: SEE STATEMENT 7 | $4,200 |
JOY MULLAPPALLY PURPOSE: SEE STATEMENT 7 | $3,500 |