Nebraska Journalism Trust
- Assets
- $860.1k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Omaha, NE
- Founding
- Data as of
- 12/2021
- 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. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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 OPEN GOVERNMENT PROJECTS MAKE OBSCURE GOVERNMENT DATA WIDELY AVAILABLE AND EASY-TO-USE FOR OTHER JOURNALISTS AND THE GENERAL PUBLIC. THE FIRST EFFORT PUT STATE PAYROLL DATA ONLINE, SHEDDING LIGHT ON HOW OUR STATE GOVERNMENT IS STRUCTURED AND REVEALING EXTRAORDINARY LEVELS OF OVERTIME PAY, ESPECIALLY AMONG PRISON EMPLOYEES. OUR NEXT PROJECT WILL MAKE CAMPAIGN FINANCE DATA JUST AS ACCESSIBLE. THESE PROJECTS BRING TRANSPARAENCY AND ACCOUNTABILITY TO NEBRASKA'S PUBLIC INSTITUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Wynn President Se | Officer | 40 | $44,742 |
Jason Kennedy Treasurer | Officer | $0 | |
Lynn Roper Board Chair | Officer | $0 | |
John Gale Director | Trustee | $0 | |
Kent Warneke Director | Trustee | $0 | |
Jo Giles Director | Trustee | $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 | $1,062,150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,062,150 |
| 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 | $23,549 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,085,699 |
| 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. | $44,742 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $99,607 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,994 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $35,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,486 |
| Office expenses | $9,190 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,827 |
| Travel | $1,339 |
| 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 | $4,900 |
| Insurance | $7,930 |
| All other expenses | $0 |
| Total functional expenses | $229,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $665,072 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $185,225 |
| 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 | $9,799 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $860,096 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $860,096 |
| 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 | $860,096 |
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