Skip to main content

Nonprofit · EIN 27-1342708

LYCEUM OF GALVESTON ISLAND INC

Tax-exempt (reinstated) · GALVESTON, TX 77550

Financials

$126K$115K2023$118K$118K2024
Revenue Expenses · by fiscal year end
Financials of LYCEUM OF GALVESTON ISLAND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$118,473$118,493-$20$20,235$6,009$14,226
December 31, 2023990-EZ$126,239$114,915$11,324$17,783$2,630$15,153
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Investment income
$118,473

Expenses

Compensation of officers, directors and key employees
$0
Occupancy
$118,493
Program services (functional)
$118,161

Balance sheet and other

Total assets, start of year
$17,783
Total assets, end of year
$20,235
Total liabilities, end of year
$6,009
Net assets, end of year
$14,226
Cash, savings and investments
$20,235
Gross receipts
$118,473

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
KATHY GAINERSecretary0$0
STEPHANIE PENATreasurer0.5$0
BARBARA SANDERSONPresident0.5$0
JIM GAINERDirector0$0
ANTHONY GRIZZAFFIDirector0$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
KATHY GAINERSecretary0$0
STEPHANIE PENATreasurer0.5$0
BARBARA SANDERSONPresident0.5$0
JIM GAINERDirector0$0
ANTHONY GRIZZAFFIDirector0$0

Address and contacts

Address (IRS master file)
2401 WINNIE ST, GALVESTON, TX 77550-1920
In care of
% CYNTHIA MCELDOWNEY
Signed the 990-EZ
BARBARA SANDERSON, President
Phone
(409) 744-9624
Return prepared by
KATHERINE OVERBECK MAXWELL CPA PLLC

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.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • 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
    Expenses $118,161

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
27-1342708
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type II
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X19)
Assets (IRS master file)
$20,235
Income (IRS master file)
$118,473

Revocation and reinstatement

Exemption revoked
May 15, 2012
Posted by the IRS
February 11, 2013
Reinstated
Effective May 15, 2012

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$118,473$118,493$20,235XML
990-EZDecember 2023$126,239$114,915$17,783XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1342708).

Questions about LYCEUM OF GALVESTON ISLAND INC

What is the EIN of LYCEUM OF GALVESTON ISLAND INC?
The employer identification number (EIN) of LYCEUM OF GALVESTON ISLAND INC is 27-1342708.
Is LYCEUM OF GALVESTON ISLAND INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2012 and reinstated it effective May 15, 2012.
Are donations to LYCEUM OF GALVESTON ISLAND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does LYCEUM OF GALVESTON ISLAND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LYCEUM OF GALVESTON ISLAND INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LYCEUM OF GALVESTON ISLAND INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of LYCEUM OF GALVESTON ISLAND INC?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does LYCEUM OF GALVESTON ISLAND INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $118,473, expenses of $118,493 and total assets of $20,235 at year end.

Other nonprofits in GALVESTON

All nonprofits in GALVESTON · Texas · Religion-related