Nebraska Public Media Foundation Inc

Analysis

Nebraska Public Media Foundation Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in July 2021, 5 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 (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 2023, Nebraska Public Media Foundation Inc reported income of $8.6m and spending of $7.5m, spending 87% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $12.0m to $8.6m (-29%), an average of -29% a year. The sharpest change came in the year to June 2023, when income dropped by 29%. Over the whole period it spent 69% 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 Public Media Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within NE. Charities of a similar size with the same main cause include Gina Gibney Dance Inc ($8.6m), Detroit Historical Society ($8.6m) and Longyear Foundation ($8.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $46.2m against liabilities of $1.5m, net assets of $44.7m.