Nebraska Journalism Trust
- Assets
- $2.6m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 8
- Location
- Omaha, NE
- Founding
- Data as of
- 12/2022
- EIN
- 86-3968316
Organization Overview
Nebraska Journalism Trust is located in Omaha, NE. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Nebraska Journalism Trust employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska Journalism Trust 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 12/2022, Nebraska Journalism Trust generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 38.8% each year . All expenses for the organization totaled $633.6k during the year ending 12/2022. 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 UNCOVER TRUTH, AMPLIFY DIVERSE VOICES, AND ENRICH LIFE IN NEBRASKA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR FLAGSHIP PUBLICATION, THE FLATWATER FREE PRESS, IS NEBRASKA'S FIRST INDEPENDENT, NONPROFIT, NONPARTISAN NEWS OUTLET. THE FLATWATER FREE PRESS PRODUCES STORIES WITH DEPTH AND IMPACT FOR NEBRASKANS FROM ALL WALKS OF LIFE, FROM THE PANHANDLE TO THE MISSOURI RIVER. OUR GROWING TEAM OF EXPERIENCED JOURNALISTS ADHERES TO THE HIGHEST STANDARDS AND IDEALS OF JOURNALISM. THEY DIG DEEP INTO THE ISSUES, EXPLORE ALL PERSPECTIVES, RIGOROUSLY CHECK AND RE-CHECK THE FACTS, AND SEEK SOLUTIONS - NOT JUST PROBLEMS. THEY TELL COMPELLING STORIES THAT EVERYDAY NEBRASKANS CARE ABOUT. THESE STORIES HELP NEBRASKANS UNDERSTAND THE ISSUES AND ONE ANOTHER. THE FLATWATER FREE PRESS PUBLISHES A WEBSITE AND FREE WEEKLY E-MAIL NEWSLETTER, AND IT DISTRIBUTES STORIES AND PHOTOS FREELY TO PARTNERING NEWS OUTLETS ACROSS NEBRASKA.
OUR FLAGSHIP PUBLICATION, THE FLATWATER FREE PRESS, IS NEBRASKA'S FIRST INDEPENDENT, NONPROFIT, NONPARTISAN NEWS OUTLET. THE FLATWATER FREE PRESS PRODUCES STORIES WITH DEPTH AND IMPACT FOR NEBRASKANS FROM ALL WALKS OF LIFE, FROM THE PANHANDLE TO THE MISSOURI RIVER. OUR GROWING TEAM OF EXPERIENCED JOURNALISTS ADHERES TO THE HIGHEST STANDARDS AND IDEALS OF JOURNALISM. THEY DIG DEEP INTO THE ISSUES, EXPLORE ALL PERSPECTIVES, RIGOROUSLY CHECK AND RE-CHECK THE FACTS, AND SEEK SOLUTIONS - NOT JUST PROBLEMS. THEY TELL COMPELLING STORIES THAT EVERYDAY NEBRASKANS CARE ABOUT. THESE STORIES HELP NEBRASKANS UNDERSTAND THE ISSUES AND ONE ANOTHER. THE FLATWATER FREE PRESS PUBLISHES A WEBSITE AND FREE WEEKLY E-MAIL NEWSLETTER, AND IT DISTRIBUTES STORIES AND PHOTOS FREELY TO PARTNERING NEWS OUTLETS ACROSS NEBRASKA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Roper Board Chair | OfficerTrustee | 1 | $0 |
Maricia Guzman Director | Trustee | 1 | $0 |
Colleen Adam Director | Trustee | 1 | $0 |
Andy Pollock Director | Trustee | 1 | $0 |
Jeff Beck Director | Trustee | 1 | $0 |
Carol Wang Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,450 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,082,462 |
| Noncash contributions included in lines 1a–1f | $100,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,092,912 |
| Total Program Service Revenue | $0 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,093,022 |
| 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. | $99,875 |
| Compensation of current officers, directors, key employees. | $11,622 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $241,068 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $39,721 |
| Payroll taxes | $25,118 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,275 |
| Fees for services: Accounting | $13,237 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $23,634 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $81,856 |
| Advertising and promotion | $13,808 |
| Office expenses | $11,093 |
| Information technology | $1,969 |
| Royalties | $0 |
| Occupancy | $9,740 |
| Travel | $20,820 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,698 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,047 |
| Insurance | $10,405 |
| All other expenses | $23,267 |
| Total functional expenses | $633,631 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,993,410 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $495,800 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $112,190 |
| Other assets | $0 |
| Total assets | $2,601,400 |
| Accounts payable and accrued expenses | $31,913 |
| Grants payable | $0 |
| Deferred revenue | $250,000 |
| 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 | $281,913 |
| Net assets without donor restrictions | $1,691,998 |
| Net assets with donor restrictions | $627,489 |
| 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 | $2,601,400 |