Omaha Equestrian Foundation is located in Omaha, NE. The organization was established in 2011. According to its NTEE Classification (N69) the organization is classified as: Equestrian, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Omaha Equestrian Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Omaha Equestrian Foundation 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 06/2022, Omaha Equestrian Foundation generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SET AN INTERNATIONAL-CALIBER STANDARD OF COMPETITION, TO LAY THE GROUNDWORK FOR HOSTING THE WORLD CUP FINALS IN OMAHA, NE AND CHANGE THE WAY THE WAY EQUESTRIAN SPORT IS PRESENTED IN THIS COUNTRY. A TRICKLE-DOWN EFFECT OF THIS EVENT WILL BE TO EXPAND AND IMPROVE THE EQUESTRIAN SPORTS INDUSTRY IN THE MIDWEST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OMAHA EQUESTRIAN FOUNDATION PRODUCES INTERNATIONAL CALIBER EVENTS TO DEVELOP OMAHA INTO A HUB OF THE SPORT HORSE INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julie Boilesen Chief Executive Officer | OfficerTrustee | 40 | $120,000 |
Lisa Roskens Chairman And President | OfficerTrustee | 10 | $0 |
Chris Adderton Board Member | Trustee | 1 | $0 |
Lori Bucholz Board Member | Trustee | 1 | $0 |
Karen Cudmore Board Member | Trustee | 1 | $0 |
Audie Keaton Board Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
The Dutta Corporation Horse Transportation Services | 6/29/17 | $2,170,777 |
Carr-hughes Productions Television Production | 6/29/17 | $806,937 |
Sonburst Communication Television Production | 6/29/17 | $723,546 |
Classic Communications Television Production | 6/29/17 | $310,329 |
Dodd Technologies Television Production | 6/29/17 | $463,850 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,048,395 |
Noncash contributions included in lines 1a–1f | $38,500 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,048,395 |
Total Program Service Revenue | $278,586 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $195,111 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,522,092 |
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. | $120,000 |
Compensation of current officers, directors, key employees. | $24,541 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $98,286 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,584 |
Payroll taxes | $16,434 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $38,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $79,708 |
Office expenses | $33,626 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $315,926 |
Travel | $0 |
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 | $27,900 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $2,054,839 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $44,440 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $43,412 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $87,852 |
Accounts payable and accrued expenses | $14,874 |
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 | $14,874 |
Net assets without donor restrictions | $72,978 |
Net assets with donor restrictions | $0 |
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 | $87,852 |
Over the last fiscal year, we have identified 14 grants that Omaha Equestrian Foundation has recieved totaling $402,300.
Awarding Organization | Amount |
---|---|
Suzanne And Walter Scott Foundation Omaha, NE PURPOSE: GENERAL OPERATING SUPPORT | $200,000 |
Peter Kiewit Foundation Omaha, NE PURPOSE: TO SUPPORT THE RIGHTS FEES FOR THE 2023 FEI WORLD CUP IN OMAHA. | $50,000 |
Peter Kiewit Foundation Omaha, NE PURPOSE: TO SUPPORT THE RIGHTS FEES FOR THE 2023 FEI WORLD CUP IN OMAHA. | $50,000 |
Carl And Caroline Swanson Foundation Inc Omaha, NE PURPOSE: UNRESTRICTED -GENERAL OPERATING FUND | $25,000 |
Dr C C & Mabel L Criss Memorial Foundation Milwaukee, WI PURPOSE: GENERAL OPERATING | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $11,500 |
Organization Name | Assets | Revenue |
---|---|---|
Professional Association Of Therapeutic Horsemanship Intl Westminster, CO | $1,976,775 | $2,827,086 |
Colorado Springs Rodeo Association Colorado Springs, CO | $74,186 | $2,419,320 |
Omaha Equestrian Foundation Omaha, NE | $87,852 | $1,522,092 |
Sheridan Wyo Rodeo Inc Sheridan, WY | $1,087,929 | $1,273,070 |
Nebraska Horsemens Benevolent & Protective Association Inc Lincoln, NE | $12,449,045 | $1,882,455 |
Fort Madison Rodeo Corporation Fort Madison, IA | $1,926,637 | $1,322,191 |
Dressage Foundation Inc Lincoln, NE | $5,766,770 | $817,574 |
The Missouri Quarter Horse Assn Cape Girardeau, MO | $199,114 | $484,150 |
Iowa Quarter Horse Association Delta, IA | $566,832 | $581,039 |
Rocky Mountain Reining Horse Association Johnstown, CO | $490,766 | $503,226 |
Western Dressage Association Of America Parker, CO | $199,419 | $495,559 |
Quarter Horse Assoc Of Nebraska Osceola, NE | $246,701 | $486,538 |