Nebraska Humanities Council

Analysis

Nebraska Humanities Council is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in March 1974, 52 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Nebraska Humanities Council reported income of $2.1m and spending of $2.1m, spending 99% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.6m to $2.1m (+33%), an average of +7.4% a year. The sharpest change came in the year to October 2020, when income rose by 65%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nebraska Humanities Council sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within NE. Charities of a similar size with the same main cause include Taxpayers for Common Sense ($2.1m), Christian Academy Schools ($2.1m) and Housing Foundation Phase 1 & 2 ($2.1m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 94% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $110k (5.2% of expenses). Other salaries and wages came to $525k. At year end it held assets of $699k against liabilities of $304k, net assets of $395k. It reported 13 employees.