The Lyceum of Galveston Island Inc
Nonprofit profile at a glance
- EIN
- 271342708
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024
- Location
- Galveston, TX, USA
- Phone
- 4097449624
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Support N.E.C.
- Affiliation
- Christianity
Reported finances
- Revenue
- $118,473
- Expenses
- $118,493
- Assets
- $20,235
- Liabilities
- $6,009
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- BARBARA SANDERSON (President)
People named in this filing
- KATHY GAINER (Secretary)
- STEPHANIE PENA (Treasurer)
- BARBARA SANDERSON (President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To manage and operate the lyceum hall, on a rental basis, on behalf offirst evangelical lutheran church of galveston, Texas. The lyceum hallevent space is rented out to individuals and organizations for use withtheir private and group functions.
What it reported doing in 2024
Hosting the local Cops and Clergy Event once per yearHosting the World Interfaith Harmony Week at a discounted rateHosting the Annual First Lutheran Christmas Party at cost of employeesHosting the Ball High Tornette Banquet at a discounted rateHosting the Annual Oktoberfest at cost of employeesHosting a Feed Galveston Event
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 30
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.7%; rating input score 100
- Program expense ratio: 99.7%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -0%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0.17; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0.3; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 4.9% per year; rating input score 100; 47th percentile among comparable filings
- Revenue growth: 5% per year; rating input score 100; 47th percentile among comparable filings
- Asset growth: -6.4% per year; rating input score 0; 14th percentile among comparable filings
Details
- Where the money goes: 99.7% of revenue deployed · 99.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $118K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 33/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.