Nebraska Council on Economic Education

Analysis

Nebraska Council on Economic Education is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in June 1965, 61 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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 June 2024, Nebraska Council on Economic Education reported income of $322k and spending of $335k, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $235k to $322k (+37%), an average of +6.5% a year. The sharpest change came in the year to June 2020, when income rose by 50%. Over the whole period it spent 87% 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 Council on Economic Education sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NE. Charities of a similar size with the same main cause include The Word a Storytelling Sanctuary Inc ($321k), Steffen Thomas Museum & Archives Inc ($322k) and Northglenn Arts & Humanities Foundation ($321k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $62k (18% of expenses). Other salaries and wages came to $111k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 3 employees.