LGBTQ Victory Institute Inc

EIN: 521835268 501(c)(3) Civil Rights & Advocacy

Washington, DC

Total Revenue
$5,007,099
Total Expenses
$5,085,892
Total Assets
$2,271,729
Net Assets
$1,762,409
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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
DC
Principal Officer
Annise Parker
Phone
2026289151
Tax Period
2023-01-01 to 2023-12-31

LGBTQ Victory Institute Inc, founded in 1993, is a community nonprofit in the Civil Rights & Advocacy sector that reported $5.0M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

LGBTQ Victory Institute works to achieve and sustain equality through leadership development, trainings, research and convenings. We work around the globe to increase the number, expand the diversity, and ensure the success of out LGBTQ+ elected and appointed officials at all levels of government.

Program Service Accomplishments

Program 1
Expenses: $749,506

International LGBTQ+ Leaders Conference: The annual conference for LGBTQ+ leaders provides a collegial, informative, and friendly environment for networking, leadership development, and discussion...

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International LGBTQ+ Leaders Conference: The annual conference for LGBTQ+ leaders provides a collegial, informative, and friendly environment for networking, leadership development, and discussion among out LGBTQ+ public leaders in government, advocacy, politics, and business. Local, state, federal, and international officials gather to exchange ideas and best practices for serving their communities and advancing equality.

Program 2
Expenses: $611,418 Revenue: $145,886

Global Program: Victory Institute works with local partners globally to build LGBTQ+ political participation in countries where LGBTQ+ elected officials are rare and LGBTQ+ equality remains elusive...

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Global Program: Victory Institute works with local partners globally to build LGBTQ+ political participation in countries where LGBTQ+ elected officials are rare and LGBTQ+ equality remains elusive. Victory Institute offers trainings, works with political parties, builds visibility campaigns and institutes other programs in-country to support out leaders. It also holds the Conference of LGBTI Political Leaders of the Americas and Caribbean every other year with more than 600 LGBTQ+ elected officials and activists in attendance.

Program 3
Expenses: $470,146

Research and Communications: Victory Institute manages the Out for America map, a database and research tool that documents every known openly LGBTQ+ elected official in the United States. It also...

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Research and Communications: Victory Institute manages the Out for America map, a database and research tool that documents every known openly LGBTQ+ elected official in the United States. It also releases an annual Out for America research report that analyzes the current state of LGBTQ+ representation in elected office by demographics and position levels. Victory Institute also promotes the work and achievements of LGBTQ+ elected officials in the media and through its email listserv. It will provide media strategy and support to elected officials who face homophobic or transphobic attacks as well.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,853,488
Program Service Revenue $145,886
Investment Income $4,704
Other Revenue $3,021
TOTAL REVENUE $5,007,099

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,209,191
Fundraising Expenses $628,294
Program Expenses $4,394,879
Other Expenses $2,876,701
TOTAL EXPENSES $5,085,892

Year-over-Year Comparison

2023 2022 Change
Revenue $5,007,099 $4,035,367 +0.2%
Expenses $5,085,892 $3,870,829 +0.3%
Net Income $-78,793 $164,538 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
18
Employees
41
Volunteers
18

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$220,971
Total Directors
19
$178,202
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kaia Ferari Board member 1.00
Director
$0 $0 $0
Ellen Ferrell Board member 1.00
Director
$0 $0 $0
Michael Fuller Board member 1.00
Director
$0 $0 $0
Neil Giuliano Board member 1.00
Director
$0 $0 $0
Lynn Greer Chair 2.00
Officer Director
$0 $0 $0
Ann Johnson Board member 1.00
Director
$0 $0 $0
Nancy Katz Board member 1.00
Director
$0 $0 $0
Claire Lucas Board member 1.00
Director
$0 $0 $0
Brian Maloney Board member 1.00
Director
$0 $0 $0
Catherine Pino Vice-Chair 2.00
Officer Director
$0 $0 $0
Rebecca Prozan Board member 1.00
Director
$0 $0 $0
Howard Pulchin-Ramos Treasurer 2.00
Officer Director
$0 $0 $0
David Reid Secretary 2.00
Officer Director
$0 $0 $0
Katherine Rice Board member 1.00
Director
$0 $0 $0
Campbell Spencer Board member 1.00
Director
$0 $0 $0
Ben Stokes Board member 1.00
Director
$0 $0 $0
Gretchen Wetzel Board member 1.00
Director
$0 $0 $0
Rhett Wilson Board member 1.00
Director
$0 $0 $0
Annise Parker President & CEO 20.00
Officer Director
$173,697 $4,505 $178,202
Andrea Hernandez Chief Financial Officer 20.00
Officer
$38,185 $4,584 $42,769
Elliott Imse Executive Director 40.00
Highest
$180,564 $14,222 $194,786
Seth Schermer Chief Development Officer 20.00
Highest
$105,358 $13,755 $119,113
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $5,007,099 $5,085,892 $2,271,729 $-78,793
2022 $4,035,367 $3,870,829 $3,079,239 $164,538
2021 $3,629,929 $2,739,146 $2,917,902 $890,783
2020 $2,744,023 $1,787,726 $1,761,924 $956,297
2019 $2,301,822 $2,712,927 $195,367 $-411,105
2018 $2,454,293 $2,589,407 $775,969 $-135,114
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