Nebraska Brass Inc

Analysis

Nebraska Brass Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in August 1991, 35 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 August 2023, Nebraska Brass Inc reported income of $69k and spending of $69k, spending 100% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $40k to $69k (+72%), an average of +72% a year. The sharpest change came in the year to August 2023, when income rose by 72%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nebraska Brass Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within NE. Charities of a similar size with the same main cause include Knoxville Philatelic Society Inc ($69k), Sweet Adelines International ($69k) and State of Oregon Sports Hall of Fame ($69k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. At year end it held assets of $92k against liabilities of $8, net assets of $92k.