Nicholas P Sims Library and Lyceum
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Nicholas P Sims Library and Lyceum is a 501(c)(3) organization based in Waxahachie, Texas, registered in 1965, with $1,552,174 in FY2024 revenue. CharityIndex grades it B.
515 W Main St, Waxahachie, TX, 75165 EIN 75-0843193 Since 1965
Revenue (FY2024)
$1.6M
▲ 2.4% vs prior year
Expenses (FY2024)
$1.6M
Net assets
$6.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Nicholas P Sims Library and Lyceum— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating44 mo reserves · -5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Nicholas P Sims Library and Lyceum: 44 mo reserves · -5% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Nicholas P Sims Library and Lyceum— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Nicholas P Sims Library and Lyceum: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 515 W Main St, Waxahachie, TX, 75165
- City
- Waxahachie
- State
- Texas
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $1.2M (FY2013) to $1.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $381KNet assets $6.0M
Operating margin
-4.8%
Spent more than it raised in the latest fiscal year.
Total assets
$6.3M
Total liabilities
$381K
Net assets
$6.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,552,174▲2.4% | $1,627,125▲14.5% | $5,956,862▼1.2% | $6,337,425▲5.1% | 990 |
| 2023 | $1,515,990▲16.3% | $1,420,622▲5.9% | $6,031,819▲4.5% | $6,031,819▲4.5% | 990 |
| 2022 | $1,303,081▼10.6% | $1,341,785▲13.6% | $5,772,817▼4.0% | $5,772,817▼4.0% | 990 |
| 2021 | $1,456,902▲16.7% | $1,181,207▲0.8% | $6,016,321▲4.8% | $6,016,321▲4.8% | 990 |
| 2020 | $1,248,886▼30.6% | $1,171,633▲3.6% | $5,740,625▲1.4% | $5,740,625▲1.4% | 990 |
| 2019 | $1,800,434▼6.0% | $1,130,561▼6.5% | $5,663,371▲13.4% | $5,663,371▲13.3% | 990 |
| 2018 | $1,914,669▲42.7% | $1,209,705▲4.1% | $4,993,498▲16.4% | $4,999,633▲16.4% | 990 |
| 2017 | $1,342,022▲11.4% | $1,162,440▲4.2% | $4,288,534▲4.4% | $4,293,972▲4.4% | 990 |
| 2016 | $1,205,177▲9.7% | $1,115,797▲7.3% | $4,108,952▲2.2% | $4,114,180▲2.2% | 990 |
| 2015 | $1,098,234▼5.1% | $1,039,821▼6.4% | $4,019,569▲1.5% | $4,025,082▲1.5% | 990 |
| 2014 | $1,156,831▼7.4% | $1,110,739▼9.4% | $3,961,156▲1.2% | $3,965,943▲1.0% | 990 |
| 2013 | $1,249,102 | $1,226,394▲4.2% | $3,915,063▲0.6% | $3,928,055▲0.8% | 990 |
| 2012 | — | $1,176,693▲0.4% | $3,892,354▲0.4% | $3,898,775▲0.5% | 990 |
| 2011 | — | $1,171,963 | $3,876,724 | $3,877,741 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Nicholas P Sims Library and Lyceum a legitimate nonprofit?
- Yes. Nicholas P Sims Library and Lyceum is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 75-0843193, based in Waxahachie, Texas. Donations are tax-deductible.
- What is Nicholas P Sims Library and Lyceum's EIN?
- Nicholas P Sims Library and Lyceum's Employer Identification Number (EIN) is 75-0843193.
- How much revenue does Nicholas P Sims Library and Lyceum report?
- Nicholas P Sims Library and Lyceum reported $1,552,174 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Nicholas P Sims Library and Lyceum have?
- CharityIndex grades Nicholas P Sims Library and Lyceum B, based on financial health (reserves and operating margin).
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Data for Nicholas P Sims Library and Lyceum (EIN 75-0843193) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.