Nebraska School Activities is located in Lincoln, NE. The organization was established in 1951. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 07/2024, Nebraska School Activities employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nebraska School Activities 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 07/2024, Nebraska School Activities generated $6.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $5.9m during the year ending 07/2024. While expenses have increased by 4.2% per year over the past 9 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
DIRECT INTERSCHOLASTIC ACTIVITIES
Describe the Organization's Program Activity:
TO SELECT, DEVELOP, AND DIRECT INTERSCHOLASTIC EVENTS AND TO REGULATE ADMINISTRATION OF THOSE EVENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana Wiseman Board Of Directors | Trustee | 1 | $0 |
Thomas Lee Board Of Directors | Trustee | 1 | $0 |
Bob Drews Board Of Directors | Trustee | 1 | $0 |
Jon Cerny Board Of Directors | Trustee | 1 | $0 |
Troy Unzicker Board Of Directors | Trustee | 1 | $0 |
Kara Graham Board Of Directors | Trustee | 1 | $0 |
| 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 | $778,906 |
| Noncash contributions included in lines 1a–1f | $76,166 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $778,906 |
| Total Program Service Revenue | $5,243,173 |
| Investment income | $212,879 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $48,277 |
| Net Rental Income | $31,000 |
| Net Gain/Loss on Asset Sales | $25,356 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,339,591 |
| 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. | $203,753 |
| Compensation of current officers, directors, key employees. | $67,238 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,165,279 |
| Pension plan accruals and contributions | $100,279 |
| Other employee benefits | $243,133 |
| Payroll taxes | $100,830 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,602 |
| Fees for services: Accounting | $24,353 |
| Fees for services: Lobbying | $27,200 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $39,288 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $21,733 |
| Information technology | $7,150 |
| Royalties | $0 |
| Occupancy | $67,960 |
| Travel | $49,814 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,093 |
| Interest | $31,709 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $596,482 |
| Insurance | $126,364 |
| All other expenses | $446,129 |
| Total functional expenses | $5,923,453 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,830,295 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,335 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $65,488 |
| Prepaid expenses and deferred charges | $30,577 |
| Net Land, buildings, and equipment | $2,327,914 |
| Investments—publicly traded securities | $1,597,213 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $67,458 |
| Total assets | $11,923,280 |
| Accounts payable and accrued expenses | $172,514 |
| Grants payable | $0 |
| Deferred revenue | $473,270 |
| Tax-exempt bond liabilities | $955,378 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $37,941 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $49,485 |
| Total liabilities | $1,688,588 |
| Net assets without donor restrictions | $10,234,692 |
| Net assets with donor restrictions | $0 |
| 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 | $11,923,280 |