Lgbtq Victory Institute Inc
- Assets
- $3.1m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 49
- Location
- Washington, DC
- Founding
- 06/1995
- Data as of
- 12/2022
- EIN
- 52-1835268
Organization Overview
Lgbtq Victory Institute Inc is located in Washington, DC. The organization was established in 1995. According to its NTEE Classification (R26) the organization is classified as: Lesbian & Gay Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2022, Lgbtq Victory Institute Inc employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lgbtq Victory Institute 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 12/2022, Lgbtq Victory Institute Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $3.9m during the year ending 12/2022. While expenses have increased by 8.5% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ACHIEVE FULL EQUALITY FOR LESBIAN, GAY, BISEXUAL AND TRANSGENDER PEOPLE BY BUILDING, SUPPORTING, AND ADVANCING A DIVERSE NETWORK OF LGBT PUBLIC LEADERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LEADERSHIP DEVELOPMENT PROGRAM: PROVIDES SKILLS DEVELOPMENT, TRAINING AND SCHOLARSHIPS TO LGBTQ+ LEADERS WITH VARIED LEVELS OF EXPERIENCE. INCLUDED IN THIS EFFORT IS THE DAVID BOHNETT LGBTQ LEADERS FELLOWSHIP, WHICH PROVIDES THREE-WEEK FELLOWSHIPS TO THE HARVARD KENNEDY SCHOOL OF GOVERNMENT'S SENIOR EXECUTIVES IN STATE AND LOCAL GOVERNMENT PROGRAMS. THE VICTORY EMPOWERMENT FELLOWSHIP PROVIDES LGBTQ+ LEADERS OF COLOR AND/OR TRANSGENDER LEADERS WITH A YEAR-LONG MENTORING FELLOWSHIP THAT INCLUDES PARTICIPATION IN VICTORY INSTITUTE'S CANDIDATE & CAMPAIGN TRAINING AND INTERNATIONAL LGBTQ+ LEADERSHIP CONFERENCE. THE VICTORY CONGRESSIONAL INTERNSHIP PROGRAM IS AN INTERNSHIP THAT MATCHES 28 COLLEGE STUDENTS ANNUALLY WITH MEMBERS OF THE CONGRESSIONAL LGBTQ+ EQUALITY CAUCUS, WHOSE 100+ MEMBERS ARE COMMITTED TO ACHIEVING FULL HUMAN RIGHTS FOR LGBTQ+ PEOPLE. THE CONGRESSIONAL INTERNS WILL HAVE THE RARE OPPORTUNITY TO WORK DIRECTLY WITH ELECTED LEADERS AND PARTICIPATE AT THE HIGHEST LEVELS OF THE GOVERNMENT. VICTORY INSTITUTE'S GOAL IS TO EXPOSE THE INTERNS TO THE BEST, MOST INCLUSIVE LEADERS IN PUBLIC SERVICE.
CANDIDATE & CAMPAIGN TRAININGS AND LGBTQ+ LEADERSHIP SUMMITS: VICTORY INSTITUTE'S FOUR-DAY CANDIDATE & CAMPAIGN TRAININGS PROVIDE COMPREHENSIVE, NON-PARTISAN TRAINING TO PRESENT AND FUTURE LGBTQ+ CANDIDATES. TRAINEES LEARN NECESSARY SKILLS AND STRATEGIES BY ENGAGING IN TOUGH, REALISTIC CAMPAIGN SITUATIONS. THOUSANDS OF OPENLY LGBTQ+ CANDIDATES AND CAMPAIGN WORKERS HAVE LEARNED HOW TO BUILD WINNING CAMPAIGNS AT THESE TRAININGS. VICTORY INSTITUTE'S ONE-DAY LGBTQ+ LEADERSHIP SUMMITS HELP PARTICIPANTS DEVELOP THE SKILLS NECESSARY TO BEGIN OR ADVANCE A CAREER IN PUBLIC SERVICE BY PROVIDING THEM WITH IMPORTANT TOOLS AND RESOURCES AND ALLOWING THEM TO MAKE VITAL CONNECTIONS WITH OTHER LGBTQ+ LEADERS IN THEIR COMMUNITY.
RESEARCH AND COMMUNICATIONS: VICTORY INSTITUTE MANAGES THE OUT FOR AMERICA MAP, A DATABASE AND RESEARCH TOOL THAT DOCUMENTS EVERY KNOWN OPENLY LGBTQ+ ELECTED OFFICIAL IN THE UNITED STATES. IT ALSO RELEASES AN ANNUAL OUT FOR AMERICA RESEARCH REPORT THAT ANALYZES THE CURRENT STATE OF LGBTQ+ REPRESENTATION IN ELECTED OFFICE BY DEMOGRAPHICS AND POSITION LEVELS. VICTORY INSTITUTE ALSO PROMOTES THE WORK AND ACHIEVEMENTS OF LGBTQ+ ELECTED OFFICIALS IN THE MEDIA AND THROUGH ITS EMAIL LISTSERV. IT WILL PROVIDE MEDIA STRATEGY AND SUPPORT TO ELECTED OFFICIALS WHO FACE HOMOPHOBIC OR TRANSPHOBIC ATTACKS AS WELL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Slater Member | Trustee | 1 | $0 |
Annise Parker President And CEO | OfficerTrustee | 12 | $188,654 |
Campbell Spencer Member | Trustee | 1 | $0 |
Catherine Pino Vice Chair | OfficerTrustee | 2 | $0 |
Claire Lucas Secretary | OfficerTrustee | 2 | $0 |
David Barhart Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $265,509 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,592,297 |
| Noncash contributions included in lines 1a–1f | $3,251 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,857,806 |
| Total Program Service Revenue | $170,633 |
| Investment income | $1,597 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,035,367 |
| 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. | $306,902 |
| Compensation of current officers, directors, key employees. | $54,345 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,211,102 |
| Pension plan accruals and contributions | $27,221 |
| Other employee benefits | $77,593 |
| Payroll taxes | $96,626 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,038 |
| Fees for services: Accounting | $10,955 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,351 |
| Fees for services: Other | $356,538 |
| Advertising and promotion | $0 |
| Office expenses | $18,496 |
| Information technology | $150,190 |
| Royalties | $0 |
| Occupancy | $146,532 |
| Travel | $234,790 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $824,477 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,916 |
| All other expenses | $13,200 |
| Total functional expenses | $3,870,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,551,912 |
| Savings and temporary cash investments | $56,107 |
| Pledges and grants receivable | $332,050 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $6,618 |
| Net Land, buildings, and equipment | $14,931 |
| Investments—publicly traded securities | $117,621 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,079,239 |
| Accounts payable and accrued expenses | $353,130 |
| 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 | $199,944 |
| Other liabilities | $708,244 |
| Total liabilities | $1,261,318 |
| Net assets without donor restrictions | $1,485,595 |
| Net assets with donor restrictions | $332,326 |
| 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 | $3,079,239 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Lgbtq Task Force Washington, DC | $17,644,299 | $9,092,543 |
Pflag Inc Washington, DC | $8,327,528 | $3,961,958 |
Lgbtq Victory Institute Inc Washington, DC | $3,079,239 | $4,035,367 |
National Lesbian And Gay Law Foundation Washington, DC | $4,812,129 | $2,772,016 |
Equality Virginia Richmond, VA | $606,688 | $514,909 |
National Lgbtq Task Force Action Fund Inc Washington, DC | $120,924 | $321,724 |
New Ways Ministry Inc Mount Rainier, MD | $3,127,220 | $546,304 |
Lpac Action Network Washington, DC | $342 | $333,615 |
The Frederick Center Frederick, MD | $75,243 | $289,099 |
Project Right Side Foundation Arlington, VA | $0 | $291,343 |
Rainbow Families Dc Washington, DC | $253,222 | $249,809 |
Annapolis Pride Inc Stevensville, MD | $39,477 | $0 |
Rogue League Sports Inc Washington, DC | $45,543 | $77,284 |
Queer Women Of Esports Washington, DC | $57,128 | $0 |
Freedom For All Americans Washington, DC | $0 | $0 |
Equality Loudoun Leesburg, VA | $20,761 | $0 |
Shenandoah Valley Pride Alliance Harrisonburg, VA | $11,316 | $0 |
Project Right Side Arlington, VA | $0 | $0 |
Gay Pride Virginia Richmond, VA | $0 | $18,332 |