Daily Nebraskan
- Assets
- $1.1m
- Revenue
- $420.7k
- Investments
- $783.7k
- Employees
- 116
- Location
- Lincoln, NE
- Founding
- 07/1976
- Data as of
- 06/2022
- EIN
- 23-7351374
Organization Overview
Daily Nebraskan is located in Lincoln, NE. The organization was established in 1976. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Daily Nebraskan employed 116 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daily Nebraskan is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Daily Nebraskan generated $420.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $461.7k during the year ending 06/2022. While expenses have increased by 0.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO COMMUNICATE QUALITY INFORMATION FOR AND ABOUT THE UNIVERSITY OF NEBRASKA-LINCOLN COMMUNITY, AND THEREBY, TO PROVIDE A QUALITY EXPERIENCE FOR THE STUDENTS INVOLVED IN ITS PRODUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DAILY NEBRASKAN PUBLISHED IN PRINT AND ONLINE WITH A STUDENT STAFF OF ABOUT 200. DISTRIBUTED THROUGHOUT CAMPUS AND ONLINE.
DAILYER NEBRASKAN. PUBLISHED A SATIRICAL NEWSPAPER MONTHLY IN PRINT AND FREQUENTLY ONLINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Vaughan General Manager | Officer | 40 | $85,000 |
Matt Waite Board Member | Trustee | 0.25 | $0 |
Kirstin Wilder Board Member | Trustee | 0.25 | $0 |
Olga Pierce Board Member | Trustee | 0.25 | $0 |
Grace Fitzgibbon Board Member | Trustee | 0.25 | $0 |
Sean Callahan Board Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $173,799 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,315 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,716 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $188,830 |
| Total Program Service Revenue | $225,907 |
| Investment income | $5,974 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $420,711 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $86,275 |
| Compensation of current officers, directors, key employees. | $86,275 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $195,722 |
| Pension plan accruals and contributions | $11,571 |
| Other employee benefits | $32,145 |
| Payroll taxes | $11,847 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $43,973 |
| Office expenses | $0 |
| Information technology | $29,316 |
| Royalties | $18,051 |
| Occupancy | $0 |
| Travel | $2,179 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $690 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,659 |
| All other expenses | $6,629 |
| Total functional expenses | $461,651 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,376 |
| Savings and temporary cash investments | $246,943 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,298 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,232 |
| Net Land, buildings, and equipment | $9,838 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $783,652 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,093,339 |
| Accounts payable and accrued expenses | -$501 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | -$501 |
| Net assets without donor restrictions | $1,081,592 |
| Net assets with donor restrictions | $12,248 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,093,339 |
Endowment Analysis
| Beg. Balance | $916,576 |
| Earnings | -$129,710 |
| Other Expense | $3,100 |
| Ending Balance | $783,766 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Life Christian Outreach Inc Columbia, MO | $987,065 | $3,533,207 |
Investigative Reporters And Editors Inc Columbia, MO | $8,372,941 | $3,252,818 |
University Press Of Colorado Denver, CO | $1,480,778 | $1,794,065 |
Iowa State Daily Publication Ames, IA | $272,602 | $1,179,802 |
Student Publications Incorporated Iowa City, IA | $1,877,075 | $1,687,333 |
Annals Of Family Medicine Inc Leawood, KS | $658,856 | $743,105 |
St Louis Newspaper Carriers Credit Fenton, MO | $23,343,632 | $597,454 |
Active Aging Publishing Inc Wichita, KS | $170,387 | $536,491 |
Journalism Education Association Inc Manhattan, KS | $1,589,327 | $532,909 |
Daily Nebraskan Lincoln, NE | $1,093,339 | $420,711 |
Aspen Journalism Aspen, CO | $54,912 | $393,895 |
Salt Of The Earth Sioux Falls, SD | $5,157,639 | $752,827 |