Omaha Discovery Tr
- Assets
- $107.4m
- Revenue
- $35.5m
- Investments
- $0.0
- Employees
- 2
- Location
- Omaha, NE
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 32-0596113
Organization Overview
Omaha Discovery Tr, operating under the name Kiewit Luminarium, is located in Omaha, NE. The organization was established in 2019. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Kiewit Luminarium employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kiewit Luminarium 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 12/2021, Kiewit Luminarium generated $35.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (25.9%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (25.1%) per year over the past 2 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ORGANIZATION IS TO ESTABLISH A SCIENCE CENTER IN DOWNTOWN OMAHA WITH AN EMPHASIS ON ENGINEERING AND MATHEMATICS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS DISCLOSED ABOVE, THE MISSION OF THE ORGANIZATION IS TO CREATE THE KIEWIT LUMINARIUM, A STATE OF THE ART SCIENCE CENTER IN DOWNTOWN OMAHA, NEBRASKA. THE LUMINARIUM IS PRIVATELY FUNDED, WITH THE MAJORITY OF THE FUNDS EXPENDED ON DESIGN AND CONSTRUCTION OF THE FACILITY WHICH IS REFLECTED ON THE BALANCE SHEET AS CONSTRUCTION IN PROCESS. IN ADDITION TO DESIGN AND CONSTRUCTION, THE ORGANIZATION INCURS CERTAIN EXPENSES IN ORDER TO FACILITATE THIS PROJECT INCLUDING OPERATIONAL CONSULTING FEES TO THE EXPLORATORIUM MUSEUM IN SAN FRANCISCO, CALIFORNIA AND PROJECT MANAGEMENT FEES TO HERITAGE SERVICES, A 501C3 ORGANIZATION WHICH PROVIDES FUNDRAISING AND PROJECT MANAGEMENT SERVICES TO OTHER NONPROFIT ENTITIES. IN ADDITION, CERTAIN EXECUTIVE SEARCH FEES WERE INCURRED RELATING TO THE SEARCH FOR THE EXECUTIVE DIRECTOR OF THE ORGANIZATION AND CERTAIN START-UP OPERATING EXPENSES WERE INCURRED INCLUDING SALARIES AND BENEFITS FOR KEY PERSONNEL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Silva Raker Chief Executive Officer | Officer | 40 | $206,349 |
Trent Demulling Chair | OfficerTrustee | 5 | $0 |
Rachel Jacobson President | OfficerTrustee | 25 | $0 |
Dan Waters Secretary | Officer | 2 | $0 |
Jennifer Callahan Treasurer | Officer | 2 | $0 |
Lance Fritz Director | Trustee | 2 | $0 |
Financial Statements
| 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 | $35,515,948 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,515,948 |
| Total Program Service Revenue | $0 |
| Investment income | $2,468 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,635 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $35,514,781 |
| 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. | $218,348 |
| Compensation of current officers, directors, key employees. | $97,089 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,480 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,292 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,272 |
| Fees for services: Accounting | $13,466 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $250,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,089,880 |
| Advertising and promotion | $154,803 |
| Office expenses | $2,265 |
| Information technology | $6,638 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,092 |
| 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 | $9,558 |
| All other expenses | $0 |
| Total functional expenses | $1,830,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,067 |
| Savings and temporary cash investments | $12,505,117 |
| Pledges and grants receivable | $52,889,370 |
| 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 | $13,129 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $41,927,902 |
| Total assets | $107,378,585 |
| Accounts payable and accrued expenses | $12,304,277 |
| 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 | $12,304,277 |
| Net assets without donor restrictions | $53,141,895 |
| Net assets with donor restrictions | $41,932,413 |
| 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 | $107,378,585 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Omaha Discovery Tr has recieved totaling $21,967,735.
| Awarding Organization | Amount |
|---|---|
Walter Scott Family Foundation Omaha, NE PURPOSE: CAPITAL CAMPAIGN | $8,000,000 |
Peter Kiewit Foundation Omaha, NE PURPOSE: TO PROVIDE CAPITAL SUPPORT FOR THE CONSTRUCTION OF THE KIEWIT DISCOVERY CENTER. (LUMINARIUM) | $5,000,000 |
Sherwood Foundation Omaha, NE PURPOSE: LUMINARIUM PROJECT | $4,000,000 |
Walter Scott Family Foundation Omaha, NE PURPOSE: CAPITAL CAMPAIGN | $2,000,000 |
Henry A Davis Foundation Omaha, NE PURPOSE: KIEWIT LUMINARIUM CAPITAL CAMPAIGN | $1,000,000 |
Holland Foundation Omaha, NE PURPOSE: OPERATING | $707,235 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Deputy Sheriffs Association Inc Wichita, KS | $2,971,599 | $19,654,227 |
Community Action Partnership Of Mid-Nebraska Kearney, NE | $10,567,482 | $13,526,656 |
Denver Scholarship Foundation Denver, CO | $33,817,323 | $13,999,484 |
Cross Trails Medical Center Cape Girardeau, MO | $16,622,925 | $13,747,968 |
School Smart Kc Inc Kansas City, MO | $7,202,506 | $7,640,451 |
Trinity Academy Incorporated Wichita, KS | $26,619,610 | $9,316,406 |
City Garden Montessori School St Louis, MO | $12,889,488 | $6,696,246 |
Cns International Ministries Inc Bethel, MO | $18,863,964 | $6,038,250 |
Iowa Association For The Education Of Young Children Inc Urbandale, IA | $815,186 | $7,200,490 |
Kansas Hospital Education & Research Foundation Topeka, KS | $6,268,080 | $6,936,108 |
Omaha Early Learning Centers Inc Omaha, NE | $0 | $8,526,168 |
East Dakota Educational Cooperative Sioux Falls, SD | $5,426,642 | $6,544,285 |