Nebraska School Activities
Analysis
Nebraska School Activities is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in January 1951, 75 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2024, Nebraska School Activities reported income of $6.3m and spending of $5.9m, spending 93% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $4.1m to $6.3m (+55%), an average of +12% a year. The sharpest change came in the year to July 2022, when income rose by 18%. Over the whole period it spent 88% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Nebraska School Activities sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within NE. Charities of a similar size with the same main cause include New Discoveries Montessori Academy ($6.3m), Marsh Foundation ($6.3m) and Regent Preparatory School of Oklahoma Inc ($6.3m).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 12% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $204k (3.4% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $11.9m against liabilities of $1.7m, net assets of $10.2m. It reported 17 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 83%
- Other 5.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Discoveries Montessori Academy | Hutchinson | $6.3m |
| Marsh Foundation | Van Wert | $6.3m |
| Regent Preparatory School of Oklahoma Inc | Tulsa | $6.3m |
| The Bridgewater State University Foundation | Bridgewater | $6.3m |