Form 990 for tax year 2023
Filed by CLARE BOOTHE LUCE CENTER FOR CONSERVATIVE WOMEN.
Totals
- Total revenue
- $3,855,814
- Total expenses
- $1,836,833
- Contributions and grants received
- $3,659,988
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $194,370
- Other revenue
- $1,456
- Total assets, end of year
- $7,698,162
- Total liabilities, end of year
- $44,567
- Net assets or fund balances, end of year
- $7,653,595
- Program services expenses (Part IX)
- $1,088,983
- Management and general expenses
- $519,387
- Fundraising expenses
- $228,463
- Program service expenses (Part III)
- $1,088,983
Program services were 59.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$3,659,988
-
1g · Noncash contributions included above
$129,216
-
3 · Investment income
total $115,644 · excluded $115,644
-
7a · Gross sales of assets other than inventory
securities $108,523
-
7b · Less cost or other basis and sales expenses
securities $29,797
-
7c · Gain or loss
securities $78,726
-
7d · Net gain or loss
total $78,726 · excluded $78,726
-
11a · Other revenue: MISCELLANEOUS
total $1,456 · related or exempt $1,456
-
11e · Other revenue, total
$1,456
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $270,125 · program services $175,581 · management and general $67,531 · fundraising $27,013
-
7 · Other salaries and wages
total $462,735 · program services $300,778 · management and general $115,684 · fundraising $46,273
-
10 · Payroll taxes
total $47,947 · management and general $47,947
-
11b · Fees: legal
total $17,516 · program services $13,516 · management and general $3,278 · fundraising $722
-
11c · Fees: accounting
total $82,215 · management and general $82,215
-
11g · Fees: other
total $5,173 · program services $2,556 · management and general $117 · fundraising $2,500
-
12 · Advertising and promotion
total $4,085 · program services $3,964 · management and general $121
-
13 · Office expenses
total $156,331 · program services $95,732 · management and general $43,598 · fundraising $17,001
-
14 · Information technology
total $22,931 · program services $5,478 · management and general $17,453
-
16 · Occupancy
total $44,483 · management and general $44,483
-
17 · Travel
total $52,473 · program services $51,087 · management and general $1,386
-
19 · Conferences, conventions and meetings
total $286,539 · program services $284,687 · management and general $1,852
-
20 · Interest
total $22 · management and general $22
-
22 · Depreciation, depletion and amortization
total $67,705 · management and general $67,705
-
23 · Insurance
total $16,599 · management and general $16,599
-
24a · Other expenses: DIRECT MAIL
total $192,340 · program services $57,674 · fundraising $134,666
-
24b · Other expenses: INTERNSHIPS
total $43,708 · program services $43,076 · management and general $550 · fundraising $82
-
24c · Other expenses: HONORARIUMS
total $30,500 · program services $30,500
-
24d · Other expenses: CALENDARS
total $23,193 · program services $23,193
-
24e · All other expenses
total $10,213 · program services $1,161 · management and general $8,846 · fundraising $206
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $414,836 · end of year $706,287
-
2 · Savings and temporary cash investments
beginning of year $340,118 · end of year $327,066
-
3 · Pledges and grants receivable
beginning of year $482,301 · end of year $1,989,539
-
8 · Inventories for sale or use
beginning of year $41,492 · end of year $41,492
-
10a · Land, buildings and equipment: cost or other basis
$1,948,541
-
10b · Land, buildings and equipment: accumulated depreciation
$604,838
-
10c · Land, buildings and equipment, net
beginning of year $1,390,055 · end of year $1,343,703
-
11 · Investments: publicly traded securities
beginning of year $2,711,083 · end of year $3,146,555
-
15 · Other assets
beginning of year $158,355 · end of year $143,520
-
17 · Accounts payable and accrued expenses
beginning of year $26,876 · end of year $24,459
-
25 · Other liabilities
beginning of year $26,691 · end of year $20,108
-
27 · Net assets without donor restrictions
beginning of year $3,670,996 · end of year $4,149,691
-
28 · Net assets with donor restrictions
beginning of year $1,813,677 · end of year $3,503,904
Mission and programs · 2023
Mission
THE MISSION OF THE CLARE BOOTHE LUCE CENTER FOR CONSERVATIVE WOMEN IS TO PREPARE WOMEN FOR EFFECTIVE LEADERSHIP & TO PROMOTE LEADING CONSERVATIVE WOMEN
Activities or mission (Part I)
THE MISSION IS TO PREPARE WOMEN FOR EFFECTIVE LEADERSHIP & TO PROMOTE LEADING CONSERVATIVE WOMEN.
-
PUBLIC INFORMATION: THE LUCE CENTER EDUCATES THE GENERAL PUBLIC ABOUT PUBLIC POLICY MATTERS, CULTURAL ISSUES, AND ACTIVITIES THAT ADVANCE THE CENTER'S MISSION THROUGH AN EDUCATIONAL MAIL PROGRAM THAT INCLUDES AN ANNUAL CALENDAR OF CONSERVATIVE WOMEN.
Expenses $631,707
-
SPECIAL PROJECTS: THE LUCE CENTER EDUCATES AND MENTORS YOUNG WOMEN ACROSS THE COUNTRY THROUGH SPECIALIZED INTERNSHIPS, SUMMITS AND SEMINARS, CAMPUS LECTURES OPEN TO THE GENERAL PUBLIC, FIREARM TRAINING, CONSERVATIVE WOMEN'S NETWORK EVENTS, AND THE LUCE HONOR SOCIETY, WHICH RECOGNIZES AND PROVIDES SPECIAL MENTORING TO RISING STUDENT LEADERS.
Expenses $457,276
As filed on the 2023 return.
Listed in Part VII
-
Michelle EastonMICHELLE EASTON
PRESIDENT & DIRECTOR
- Total calculated
- $278,625
- From this org
- $248,625
- From related orgs
- $0
- Other
- $30,000
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $248,625
- Bonus
- $0
- Other
- $0
- Deferred
- $30,000
- Nontaxable benefits
- $0
- Filer's total
- $278,625
-
Kate Obenshain KeelerKATE OBENSHAIN KEELER
SECRETARY TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Darla PartridgeDARLA PARTRIDGE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Marji RossMARJI ROSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sarah RindlaubSARAH RINDLAUB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Clare Luce AbbeyCLARE LUCE ABBEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Linda TeetzLINDA TEETZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nicole HoplinNICOLE HOPLIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Camille HartCAMILLE HART
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kimberly BeggKIMBERLY BEGG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE BOARD REVIEWS AND APPROVES THE PRESIDENT'S EMPLOYMENT CONTRACT AND COMPENSATION ANNUALLY.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 25 July 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422089349300127
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