Lithuanian World Center
- Assets
- $4.5m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 11
- Location
- Lemont, IL
- Founding
- 07/1988
- Data as of
- 12/2021
- EIN
- 36-3541882
Organization Overview
Lithuanian World Center is located in Lemont, IL. The organization was established in 1988. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Lithuanian World Center employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lithuanian World Center 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 12/2021, Lithuanian World Center generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $986.0k during the year ending 12/2021. While expenses have increased by 1.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND PRESERVE LITHUANIAN CULTURE AND HERITAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SPONSOR, ORGANIZE, AND SUPPORT RELIGIOUS, EDUCATIONAL, AND CHARITABLE ACTIVITIES IN THE LITHUANIAN AMERICAN COMMUNITY AS WELL AS THOSE OF THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linas Gylys President | OfficerTrustee | $0 | |
Marius Polikaitis Treasurer | OfficerTrustee | $0 | |
Jurgis Riskus Chairman | OfficerTrustee | $0 | |
Regina Saulis Secretary | OfficerTrustee | $0 | |
Gintaras Aukstuolis Director | Trustee | $0 | |
Richard Chiapetta Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $69,763 |
| All other contributions, gifts, grants, and similar amounts not included above | $770,628 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $840,391 |
| Total Program Service Revenue | $519,544 |
| Investment income | $328 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$926 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,359,337 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $309,057 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,569 |
| Payroll taxes | $20,462 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,262 |
| Advertising and promotion | $0 |
| Office expenses | $16,772 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $233,877 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,163 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $173,449 |
| Insurance | $61,884 |
| All other expenses | $2,278 |
| Total functional expenses | $985,957 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $975,169 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,880 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,540,236 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,519,285 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $532,536 |
| Total liabilities | $532,536 |
| Net assets without donor restrictions | $3,976,749 |
| Net assets with donor restrictions | $10,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,519,285 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Lithuanian World Center has recieved totaling $164,579.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $151,750 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,600 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $5,195 |
Lorelei Foundation Inc Burr Ridge, IL PURPOSE: TO SUPPORT THE ORGANIZATION'S CIVIC ACTIVITIES. | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $584 |
Balzekas Family Foundation Ltd Oak Lawn, IL PURPOSE: OPERATIONS | $450 |
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|---|---|---|
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Awana Clubs International St Charles, IL | $16,214,341 | $23,700,094 |
Mission Pre-Born Inc Indianapolis, IN | $6,569,199 | $16,394,673 |
Bill Winston Ministries Forest Park, IL | $6,676,875 | $15,498,938 |
Breakthrough Urban Ministries Inc Chicago, IL | $9,536,563 | $12,933,979 |
Haven Of Our Lady Of Peace Inc St Louis, MO | $8,612,583 | $10,375,484 |
Christian Buehler Memorial Peoria, IL | $194,168,877 | $24,390,628 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Resourcing Christian Education International Nfp Wheaton, IL | $4,529,324 | $9,552,178 |