The Lyceum FY2024 filing

Tax-deductible

South Euclid, OH501(c)(3)Since 2003EducationEIN 32-0079287

This page gets seen. Tell your story. Claim this org.

The formation of a liberally educated catholic lady or gentleman

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
$95K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $83K a year · 12% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$95K
to officers and key staff · 12% of spending
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 6.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $35K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$20K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$853K
+11% vs prior year
Spent
$788K
To programs
97%
Net assets
$473K
By yearFY2020–FY2024
Revenue
$853K
FY2024▲ +11%
Revenue by fiscal year
FY2020$589K
FY2021$621K
FY2022$763K
FY2023$768K
FY2024$853K
FY2024$1.2M
Expenses
$788K
FY2024▲ +12%
Expenses by fiscal year
FY2020$517K
FY2021$492K
FY2022$680K
FY2023$702K
FY2024$788K
FY2024$948K
Net assets
$473K
FY2024▲ +16%
Net assets by fiscal year
FY2020$131K
FY2021$260K
FY2022$343K
FY2023$409K
FY2024$473K
FY2024$689K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $763K Management & general 3% · $26K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

4 people listed on the 990; $95K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Headmaster
$95,000Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A

Luke Macik’s $95K as Headmaster is at the 28th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Luke Macik$95,000$95,000$95,000$95,000$80,000$80,700

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Lyceum executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates students in liberal arts to foster well-rounded Catholic individuals.

Provided by the organization

This section is blank until The Lyceum claims this page.

Know this organization? Claim it to add your story

1 program service account for $763K of program spending, described in the organization's own filed words · FY2023.
01

The purpose and business of this corporation is to establish, maintain and conduct a school for the education of boys and girls in the years before college

$763Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$35K
Grants paid · 1 grant · $85K · 2024–2024
Unitemized GrantFY2024$85,250

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$853K
Ln 12
Fees for servicesLn 2g$531K
Gifts and grantsLn 1h$291K
Other incomeLn 4–11$21K
Money outPt IX
$788K
Ln 25
Programscol B$763K
Managementcol C$26K
Owns and owesPt X
$473K
net assets · Ln 32
Cash and savingsLn 1–2$448K
Total assetsLn 16$494K
LiabilitiesLn 26$20K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$291K
Noncash giftsLn 1g$50K
Fundraising eventsLn 1c$12K
Fees for servicesLn 2g$531K
Investment incomeLn 3$11K
Other incomeLn 4–11$21K
Total revenueLn 12$853K
Assets in detailPt X, end of year
CashLn 1$10K
SavingsLn 2$438K
Cash and savings togetherLn 1–2$448K
Land, buildings, equipmentLn 10c$46K
Total assetsLn 16$494K
LiabilitiesLn 26$20K
Net assetsLn 32$473K
OperationsPt I, VI
EmployeesI 517
VolunteersI 61
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$419K$448K
Land, buildings, equipmentLn 10c$17K$46K
Total assetsLn 16$437K$494K
LiabilitiesLn 26$28K$20K
Net assetsLn 32$409K$473K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$95K$86K$10K
Other salaries and wagesLn 7$411K$411K
Other employee benefitsLn 9$68K$68K
Payroll taxesLn 10$41K$37K$4K
Accounting feesLn 11c$848$763$85
Other fees for servicesLn 11g$1K$967$108
Advertising and promotionLn 12$2K$2K$173
Office expensesLn 13$25K$23K$3K
OccupancyLn 16$53K$47K$5K
TravelLn 17$5K$5K$525
Depreciation, depletion and amortizationLn 22$8K$8K
InsuranceLn 23$7K$6K$690
Other expenses (24a–d)Ln 24$63K$61K$2K
All other expensesLn 24e$8K$8K$842
Total functional expensesLn 25$788K$763K$26K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Viewing $853K$788K$65K$473K 990 PDF
FY2023 $768K$702K$66K$409K 990 PDF
FY2022 $763K$680K$83K$343K 990 PDF
FY2021 $621K$492K$129K$260K 990 PDF
FY2020 $589K$517K$72K$131K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $852,908 across 9 lines filed
VIII-1c Fundraising events$11,700
VIII-1f All other contributions, gifts and grants$278,990
VIII-1g Noncash contributions (included above)$50,400
VIII-1h Total contributions, gifts and grants$290,690
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $530,569$530,569
VIII-3 Investment incomeExcluded from tax $10,774$10,774
VIII-8 Net income from fundraising eventsExcluded from tax $16,683$16,683
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $4,192$4,192
VIII-12 Total revenueRelated to mission $534,761 · Excluded from tax $27,457$852,908
Part IX · Statement of functional expenses $788,293 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $85,500 · Management $9,500$95,000
IX-7 Other salaries and wagesPrograms $411,370$411,370
IX-9 Other employee benefitsPrograms $68,032$68,032
IX-10 Payroll taxesPrograms $37,008 · Management $4,112$41,120
IX-11c Accounting feesPrograms $763 · Management $85$848
IX-11g Other fees for servicesPrograms $967 · Management $108$1,075
IX-12 Advertising and promotionPrograms $1,552 · Management $173$1,725
IX-13 Office expensesPrograms $22,919 · Management $2,547$25,466
IX-16 OccupancyPrograms $47,473 · Management $5,275$52,748
IX-17 TravelPrograms $4,720 · Management $525$5,245
IX-22 Depreciation, depletion and amortizationPrograms $7,843$7,843
IX-23 InsurancePrograms $6,206 · Management $690$6,896
IX-24 Other expenses (24a–d)Programs $60,728 · Management $1,775$62,503
IX-24e All other expensesPrograms $7,580 · Management $842$8,422
IX-25 Total functional expensesPrograms $762,661 · Management $25,632 · Fundraising $0$788,293
Part X · Balance sheet $493,949 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $419,114$10,000
X-2 Savings and temporary cash investments$437,668
X-10c Land, buildings and equipment, netStart of year $17,212$46,281
X-16 Total assetsStart of year $436,826$493,949
X-17 Accounts payable and accrued expensesStart of year $13,449$10,463
X-19 Deferred revenueStart of year $14,506$10,000
X-26 Total liabilitiesStart of year $27,955$20,463
X-32 Total net assets or fund balancesStart of year $408,871$473,486
X-33 Total liabilities and net assetsStart of year $436,826$493,949
Part XI · Reconciliation of net assets $473,486 net assets at year end
XI-1 Total revenue$852,908
XI-2 Total expenses$788,293
XI-3 Revenue less expenses$64,615
XI-4 Net assets at start of year$408,871
XI-10 Net assets at end of year$473,486

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.