Lyceum Inc

Analysis

Lyceum Inc is a registered charity in United States, based in Amherst, MA. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lyceum Inc reported income of $282k and spending of $94k, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $489k to $282k (-42%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. Over the whole period it spent 30% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lyceum Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Friends of the Thousand Oaks Library ($282k), Steel City All Stars Fundraising Club ($282k) and Center for Innovation in the Design and Construction Industry Foundat ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 8.6% of the total. Compensation of current officers, directors and key employees was $31k (32% of expenses). At year end it held assets of $4.7m against liabilities of $0, net assets of $4.7m.