Opensky Policy Institute
- Assets
- $2.0m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 12
- Location
- Lincoln, NE
- Founding
- 06/2012
- Data as of
- 12/2022
- EIN
- 45-3327969
Organization Overview
Opensky Policy Institute is located in Lincoln, NE. The organization was established in 2012. According to its NTEE Classification (W22) the organization is classified as: Public Finance, Taxation & Monetary Policy, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2022, Opensky Policy Institute employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Opensky Policy Institute 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 12/2022, Opensky Policy Institute generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 10.6% per year over the past 8 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 IMPROVE OPPORTUNITIES FOR EVERY NEBRASKAN BY PROVIDING IMPARTIAL AND PRECISE RESEARCH, ANALYSIS, EDUCATION AND LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES IN RELATION TO THE ORGANIZATION'S MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claude Berreckman Jr President | OfficerTrustee | 1 | $0 |
Rosemary Ohles President Elect | OfficerTrustee | 1 | $0 |
Eric Reznicek Secretary | OfficerTrustee | 1 | $0 |
Chris Rodgers Treasurer | OfficerTrustee | 1 | $0 |
Dr Lissette Aliaga-Linares Director As Of 6/17/2022 | Trustee | 1 | $0 |
Jerry Bexten Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,102,963 |
| Noncash contributions included in lines 1a–1f | $272,479 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,102,963 |
| Total Program Service Revenue | $0 |
| Investment income | $5,274 |
| 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 | $1,109,497 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
| 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. | $152,348 |
| Compensation of current officers, directors, key employees. | $22,852 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $522,377 |
| Pension plan accruals and contributions | $37,642 |
| Other employee benefits | $42,887 |
| Payroll taxes | $51,155 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,975 |
| Fees for services: Lobbying | $7,858 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $76,278 |
| Advertising and promotion | $76,461 |
| Office expenses | $9,592 |
| Information technology | $661 |
| Royalties | $0 |
| Occupancy | $22,013 |
| Travel | $6,377 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,487 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $904 |
| Insurance | $3,398 |
| All other expenses | $9,077 |
| Total functional expenses | $1,095,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $309,911 |
| Savings and temporary cash investments | $1,208,401 |
| Pledges and grants receivable | $470,000 |
| Accounts receivable, net | $0 |
| 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 | $1,726 |
| Net Land, buildings, and equipment | $1,808 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $47,645 |
| Total assets | $2,039,491 |
| Accounts payable and accrued expenses | $7,410 |
| 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 | $48,346 |
| Total liabilities | $55,756 |
| Net assets without donor restrictions | $1,821,235 |
| Net assets with donor restrictions | $162,500 |
| 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 | $2,039,491 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Low Income Family Enrichment Corporation Aspen, CO | $20,447,438 | $3,152,873 |
Invest Nebraska Corp Lincoln, NE | $61,578,632 | $9,811,517 |
Opensky Policy Institute Lincoln, NE | $2,039,491 | $1,109,497 |
Pharmacy Agent Corporation Jefferson City, MO | $7,676,071 | $646,866 |
Iowa Taxpayers Association Des Moines, IA | $400,609 | $339,882 |
United For Missouris Future Jefferson City, MO | $24,232 | $0 |
Great Plains Federal Tax Institute Inc Lincoln, NE | $284,058 | $0 |
Taxpayers Association Of Central Iowa Des Moines, IA | $160,238 | $0 |
Heart Of America Tax Institute Kansas City, MO | $126,063 | $0 |