Nebraska Sports Council

Analysis

Nebraska Sports Council is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in April 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nebraska Sports Council reported income of $1.3m and spending of $1.1m, spending 88% of its income. Across the 6 years on record, from September 2019 to December 2023, income grew from $902k to $1.3m (+39%), an average of +6.8% a year. The sharpest change came in the year to December 2023, when income rose by 1093%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nebraska Sports Council sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within NE. Charities of a similar size with the same main cause include Association of Family Medicine Residency Directors ($1.3m), Boy Scouts of America ($1.3m) and Greater Augusta Arts Council Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 55% of the total. Other salaries and wages came to $357k. At year end it held assets of $293k against liabilities of $260k, net assets of $33k. It reported 19 employees.