Nebraska School Activities is located in Lincoln, NE. The organization was established in 1951. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 07/2024, Nebraska School Activities employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska School Activities 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 07/2024, Nebraska School Activities generated $6.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $5.9m during the year ending 07/2024. While expenses have increased by 4.2% per year over the past 9 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
DIRECT INTERSCHOLASTIC ACTIVITIES
Describe the Organization's Program Activity:
TO SELECT, DEVELOP, AND DIRECT INTERSCHOLASTIC EVENTS AND TO REGULATE ADMINISTRATION OF THOSE EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dana Wiseman Board Of Directors | Trustee | 1 | $0 |
Thomas Lee Board Of Directors | Trustee | 1 | $0 |
Bob Drews Board Of Directors | Trustee | 1 | $0 |
Jon Cerny Board Of Directors | Trustee | 1 | $0 |
Troy Unzicker Board Of Directors | Trustee | 1 | $0 |
Kara Graham Board Of Directors | Trustee | 1 | $0 |
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 | $778,906 |
Noncash contributions included in lines 1a–1f | $76,166 |
Total Revenue from Contributions, Gifts, Grants & Similar | $778,906 |
Total Program Service Revenue | $5,243,173 |
Investment income | $212,879 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $48,277 |
Net Rental Income | $31,000 |
Net Gain/Loss on Asset Sales | $25,356 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,339,591 |
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. | $203,753 |
Compensation of current officers, directors, key employees. | $67,238 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,165,279 |
Pension plan accruals and contributions | $100,279 |
Other employee benefits | $243,133 |
Payroll taxes | $100,830 |
Fees for services: Management | $0 |
Fees for services: Legal | $27,602 |
Fees for services: Accounting | $24,353 |
Fees for services: Lobbying | $27,200 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $39,288 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $21,733 |
Information technology | $7,150 |
Royalties | $0 |
Occupancy | $67,960 |
Travel | $49,814 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $11,093 |
Interest | $31,709 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $596,482 |
Insurance | $126,364 |
All other expenses | $446,129 |
Total functional expenses | $5,923,453 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $7,830,295 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,335 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $65,488 |
Prepaid expenses and deferred charges | $30,577 |
Net Land, buildings, and equipment | $2,327,914 |
Investments—publicly traded securities | $1,597,213 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $67,458 |
Total assets | $11,923,280 |
Accounts payable and accrued expenses | $172,514 |
Grants payable | $0 |
Deferred revenue | $473,270 |
Tax-exempt bond liabilities | $955,378 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $37,941 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $49,485 |
Total liabilities | $1,688,588 |
Net assets without donor restrictions | $10,234,692 |
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 | $11,923,280 |