Opensky Policy Institute
- Assets
- $2.0m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 12
- Location
- Lincoln, NE
- Founding
- 06/2012
- Data as of
- 12/2021
- EIN
- 45-3327969
Organization Overview
Opensky Policy Institute is located in Lincoln, NE. The organization was established in 2012. According to its NTEE Classification (W22) the organization is classified as: Public Finance, Taxation & Monetary Policy, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Opensky Policy Institute employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opensky Policy Institute 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, Opensky Policy Institute generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 11.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
TO IMPROVE OPPORTUNITIES FOR EVERY NEBRASKAN BY PROVIDING IMPARTIAL AND PRECISE RESEARCH, ANALYSIS, EDUCATION AND LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES IN RELATION TO THE ORGANIZATION'S MISSION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renee Fry Executive Director | Officer | 40 | $162,340 |
Constance Knoche Education Policy Director | 40 | $118,200 | |
Claude Berreckman Secretary/president Elect | OfficerTrustee | 1 | $0 |
Tulani Grundy Meadows Treasurer | OfficerTrustee | 1 | $0 |
Kathy Campbell President | OfficerTrustee | 1 | $0 |
Eric Reznicek Director | Trustee | 1 | $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 | $1,071,468 |
| Noncash contributions included in lines 1a–1f | $148 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,071,468 |
| Total Program Service Revenue | $0 |
| Investment income | $1,160 |
| 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 | $1,072,633 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,500 |
| 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. | $175,032 |
| Compensation of current officers, directors, key employees. | $26,255 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $579,131 |
| Pension plan accruals and contributions | $40,537 |
| Other employee benefits | $52,978 |
| Payroll taxes | $56,643 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,936 |
| Fees for services: Accounting | $10,609 |
| Fees for services: Lobbying | $10,800 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,516 |
| Advertising and promotion | $3,474 |
| Office expenses | $5,889 |
| Information technology | $3,879 |
| Royalties | $0 |
| Occupancy | $17,038 |
| Travel | $3,845 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,477 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $928 |
| Insurance | $3,414 |
| All other expenses | $3,093 |
| Total functional expenses | $1,055,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $378,575 |
| Savings and temporary cash investments | $918,575 |
| Pledges and grants receivable | $677,521 |
| 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 | $2,711 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,977,382 |
| Accounts payable and accrued expenses | $7,654 |
| 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 | $7,654 |
| Net assets without donor restrictions | $1,702,207 |
| Net assets with donor restrictions | $267,521 |
| 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 | $1,977,382 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Opensky Policy Institute has recieved totaling $1,164,215.
| Awarding Organization | Amount |
|---|---|
Sherwood Foundation Omaha, NE PURPOSE: 2022 OPERATING GRANT | $275,000 |
Sherwood Foundation Omaha, NE PURPOSE: 2021 OPERATING GRANT | $275,000 |
Sherwood Foundation Omaha, NE PURPOSE: EDUCATION FINANCE POLICY WORK | $254,782 |
Center On Budget And Policy Priorities Washington, DC PURPOSE: General Support | $100,000 |
Holland Foundation Omaha, NE PURPOSE: OPERATING | $75,000 |
Mazon Inc A Jewish Response To Hunger Los Angeles, CA PURPOSE: Working to end hunger | $65,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Low Income Family Enrichment Corporation Aspen, CO | $22,265,612 | $3,165,701 |
Invest Nebraska Corp Lincoln, NE | $47,893,884 | $10,253,547 |
Opensky Policy Institute Lincoln, NE | $1,977,382 | $1,072,633 |
Iowa Taxpayers Association Des Moines, IA | $404,736 | $328,664 |
Pharmacy Agent Corporation Jefferson City, MO | $27,152,130 | $686,100 |
United For Missouris Future Jefferson City, MO | $24,232 | $0 |
Great Plains Federal Tax Institute Inc Lincoln, NE | $282,878 | $0 |
Taxpayers Association Of Central Iowa Des Moines, IA | $101,183 | $0 |
Advanced Strategies Ltd Denver, CO | $27,519 | $0 |
Heart Of America Tax Institute Kansas City, MO | $89,889 | $0 |