Texas Lyceum Association Inc
- Assets
- $1.6m
- Revenue
- $882.7k
- Investments
- $1.1m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 09/1980
- Data as of
- 12/2022
- EIN
- 75-1720024
Organization Overview
Texas Lyceum Association Inc is located in Houston, TX. The organization was established in 1980. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Lyceum Association 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, Texas Lyceum Association Inc generated $882.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $741.7k during the year ending 12/2022. While expenses have increased by 1.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL CONFERENCES/SEMINARS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERIODIC CONFERENCES WHICH PRESENT A FORUM FOR EXPRESSINGIDEAS THAT ENLIGHTEN THE PUBLIC.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jordan Anderson Director | Trustee | 0 | $0 |
Andrea Barefield Director | Trustee | 0 | $0 |
Michael Barton Director | Trustee | 0 | $0 |
Rachel Baughman Director | Trustee | 0 | $0 |
Missy Bonds Director | Trustee | 0 | $0 |
Terry Bruner Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $142,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $600,740 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $743,240 |
| Total Program Service Revenue | $108,206 |
| Investment income | $31,203 |
| 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 | $90 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $882,739 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,000 |
| Grants and other assistance to domestic individuals. | $3,750 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $169,350 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,182 |
| Fees for services: Other | $86,045 |
| Advertising and promotion | $447 |
| Office expenses | $14,142 |
| Information technology | $7,005 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $61,842 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $313,902 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,928 |
| All other expenses | $2,500 |
| Total functional expenses | $741,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $426,729 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,000 |
| 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 | $9,591 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,131,922 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,573,242 |
| Accounts payable and accrued expenses | $8,793 |
| Grants payable | $0 |
| Deferred revenue | $85,800 |
| 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 | $0 |
| Total liabilities | $94,593 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,478,649 |
| Total liabilities and net assets/fund balances | $1,573,242 |
Grants Awarded
Over the last fiscal year, Texas Lyceum Association Inc has awarded $30,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS A&M UNIVERSITY PURPOSE: MOSBACHER LYCEUM FELLOWSHIP | $10,000 |
TEXAS STATE UNIVERSITY PURPOSE: FUNDING FOR FELLOWSHIP AND FACULTY RESEARCHER/ADVISOR | $10,000 |
TEXAS TECH UNIVERSITY PURPOSE: SUSTAINABILITY OF TEXAS COMMUNITIES | $10,000 |