Daily Nebraskan
- Assets
- $1.2m
- Revenue
- $414.7k
- Investments
- $921.8k
- Employees
- 128
- Location
- Lincoln, NE
- Founding
- 07/1976
- Data as of
- 06/2023
- EIN
- 23-7351374
Organization Overview
Daily Nebraskan is located in Lincoln, NE. The organization was established in 1976. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Daily Nebraskan employed 128 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daily Nebraskan is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Daily Nebraskan generated $414.7k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $475.5k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO COMMUNICATE QUALITY INFORMATION FOR AND ABOUT THE UNIVERSITY OF NEBRASKA-LINCOLN COMMUNITY, AND THEREBY, TO PROVIDE A QUALITY EXPERIENCE FOR THE STUDENTS INVOLVED IN ITS PRODUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAILY NEBRASKAN PUBLISHED IN PRINT AND ONLINE WITH A STUDENT STAFF OF ABOUT 200. DISTRIBUTED THROUGHOUT CAMPUS AND ONLINE.
DAILYER NEBRASKAN. PUBLISHED A SATIRICAL NEWSPAPER MONTHLY IN PRINT AND FREQUENTLY ONLINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Waite Board Member | Trustee | 0.25 | $0 |
Kirstin Wilder Board Member | Trustee | 0.25 | $0 |
Allen Vaughan General Manager | Officer | 40 | $87,138 |
Lauren Penington Board Member | Trustee | 0.25 | $0 |
Ariana Joy Cobler Board Member | Trustee | 0.25 | $0 |
Victoria Baker Board Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $144,865 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,244 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,109 |
| Total Program Service Revenue | $246,290 |
| Investment income | $5,278 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $414,677 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $87,138 |
| Compensation of current officers, directors, key employees. | $87,138 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $194,518 |
| Pension plan accruals and contributions | $12,057 |
| Other employee benefits | $30,623 |
| Payroll taxes | $11,102 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $60,588 |
| Advertising and promotion | $0 |
| Office expenses | $25,189 |
| Information technology | $19,962 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,311 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,464 |
| All other expenses | $10,333 |
| Total functional expenses | $475,470 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$48,272 |
| Savings and temporary cash investments | $252,142 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,434 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,795 |
| Net Land, buildings, and equipment | $14,243 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $921,772 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,171,114 |
| Accounts payable and accrued expenses | $36 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $36 |
| Net assets without donor restrictions | $1,158,830 |
| Net assets with donor restrictions | $12,248 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,171,114 |