Nac Development Corporation

Organization Overview

Nac Development Corporation is located in Omaha, NE. The organization was established in 1966. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nac Development Corporation 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 06/2021, Nac Development Corporation generated $979.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $772.3k during the year ending 06/2021. While expenses have increased by 1.7% 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.

Since 2015, Nac Development Corporation has awarded 214 individual grants totaling $2,656,932. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO STIMULATE AND ENCOURAGE THE STUDY AND PRESENTATION OF FINE AND PERFORMING ARTS THROUGHOUT THE STATE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CULTURAL PRESERVATION ENDOWMENT - CPEF FUNDS ARE USED IN ONE OF THE FOLLOWING THREE CATEGORIES STABILIZATION OF NEBRASKA'S ARTS ORGANIZATIONS - STABILIZATION CAN TAKE MANY FORMS, FROM UTILIZING A GRANT PROGRAM DESIGNED TO STIMULATE ENDOWMENT BUILDING, OR AS A SUPPLEMENT TO ANNUAL GENERAL OPERATIONAL SUPPORT GRANTS ARTS EDUCATION PROGRAMS THAT PROVIDE STATEWIDE IMPACT - PROJECTS MUST DEMONSTRATE A SUSTAINED EFFORT THAT HAS BROAD APPLICATION MOST RECENTLY, THE NEBRASKA ARTS COUNCIL UNDERTOOK A COMPREHENSIVE STUDY THAT WILL INVOLVE A TASK FORCE AND AN OUTSIDE CONSULTANT TO REDESIGN PRAIRIE VISIONS, A SUMMER INSTITUTE FOR NEBRASKA TEACHERS THAT PROVIDES TOOLS TO IMPLEMENT COMPREHENSIVE ARTS EDUCATION INTO THE ENTIRE CURRICULUM SPECTRUM ARTS ADVOCACY PROMOTES THE ARTS IN NEBRASKA - THE ARTS ARE IMPORTANT TO THE STATE'S ECONOMY, QUALITY OF LIFE, AND EDUCATION OF ITS CITIZENS THE SCOPE OF THE ARTS ADVOCACY PROJECT CAN INCLUDE THE RESEARCH, DEVELOPMENT, AND PRODUCTION OF INFORMATIONAL MATERIALS AND SUPPLIES INFORMATIONAL PIECES THAT PROVIDE DATA REGARDING THE POSITIVE IMPACT OF ARTS EDUCATION CAN BE DISTRIBUTED AT EVENTS AND COMMUNITY MEETINGS THROUGHOUT THE STATE


NEBRASKA CULTURAL ENDOWMENT PRIVATE FUND - NEBRASKA CULTURAL ENDOWMENT DISBURSEMENTS SUPPORT OBJECTIVES OF THE NEBRASKA ARTS COUNCIL'S MISSION AND GOALS AS OUTLINED IN THE NEBRASKA ARTS COUNCIL'S STRATEGIC PLAN AND AN ANNUAL RECOMMENDATION FOR THE JOHN W CARSON DONOR-ADVISED FUND


SPECIAL INITIATIVES - THESE PROJECTS AND SERVICES ARE DESIGNED TO INCREASE AWARENESS OF, AND PARTICIPATION IN, ARTS AND CULTURE THIS PROGRAM SUPPORTS FEES PAID TO CONSULTANTS WHO WORK WITH TARGETED ARTS ORGANIZATIONS AND ARTISTS AS WELL AS OTHER AREAS OF ORGANIZATIONAL AND PROFESSIONAL DEVELOPMENT SERVICES INCLUDED TRAINING FOR ARTISTS AND ORGANIZATIONS IN THE FOLLOWING AREAS TRENDS IN PERFORMING, TOURING, ARTS EDUCATION, MARKETING, STRATEGIC PLANNING, CONTRACTS AND LEGAL MANERS THE INITIATIVE SUPPORTS AND PROMOTES ARTISTS FOR REGIONAL PROJECTS AND ADMINISTERS THE ARTIST FELLOWSHIP PROGRAM


POETRY OUT LOUD - THE POETRY OUT LOUD PROGRAM ENCOURAGES NEBRASKA'S HIGH SCHOOL STUDENTS TO LEARN ABOUT POETRY THROUGH MEMORIZATION AND PERFORMANCE, WHICH HELP STUDENTS MASTER PUBLIC SPEAKING SKILLS, BUILD SELF-CONFIDENCE, AND LEARN ABOUT OUR LITERARY HERITAGE STARTING AT THE CLASSROOM LEVEL, TEACHERS ARE PROVIDED WITH MULTIMEDIA CURRICULUM MATERIALS TO AUGMENT THEIR REGULAR POETRY CURRICULUM WITH POETRY RECITATION AND A CLASSROOM-LEVEL COMPETITION NAC DC PROVIDES POETRY RECITATION WORKSHOPS FOR STUDENTS IN PARTICIPATING SCHOOLS FROM TEACHING ARTISTS WHO HAVE EXPERTISE IN POETRY AND PERFORMANCE ALL NEBRASKA HIGH SCHOOLS ARE WELCOME TO PARTICIPATE IN POETRY OUT LOUD


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)Compensation
Alec Gorynski
President
$0
Mark Laughlin
Secretary
$0
Sarah Peetz
Vice President
$0
Kathy Kuszak
Treasurer
$0
Mike Markey
Director Of Administration
$0
Paula Pflueger
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$948,290
Investment income $8,688
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 $979,250

Grants Awarded

Over the last fiscal year, Nac Development Corporation has awarded $322,565 in support to 27 organizations.

Grant RecipientAmount

NEBRASKANS FOR THE ARTS

Org PageRecipient Profile

Omaha, NE

PURPOSE: BASIC SUPPORT

$30,000

OMAHA PERFORMING ARTS SOCIETY

Org PageRecipient Profile

Omaha, NE

PURPOSE: BASIC SUPPORT

$14,650

Omaha, NE

PURPOSE: BASIC SUPPORT

$14,547

JOSLYN ART MUSEUM

Org PageRecipient Profile

Omaha, NE

PURPOSE: BASIC SUPPORT

$14,290

Omaha, NE

PURPOSE: BASIC SUPPORT

$14,265

OMAHA SYMPHONY ASSOCIATION

Org PageRecipient Profile

Omaha, NE

PURPOSE: BASIC SUPPORT

$14,213
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Nac Development Corporation has recieved totaling $678,281.

Awarding OrganizationAmount
Nebraska Cultural Endowment

Omaha, NE

PURPOSE: GENERAL SUPPORT

$655,281
Peter Kiewit Foundation

Omaha, NE

PURPOSE: TO PROVIDE PROGRAM SUPPORT FOR CREATIVE DISTRICTS SUPPORT.

$20,000
The Poetry Foundation

Chicago, IL

PURPOSE: POETRY OUT LOUD SAA GRANT

$3,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or