Lincoln Scottish Rite Reservation Foundation
- Assets
- $767.4k
- Revenue
- $198.2k
- Investments
- $21.2k
- Employees
- 0
- Location
- Lincoln, NE
- Founding
- 05/1994
- Data as of
- 12/2021
- EIN
- 47-0730224
Organization Overview
Lincoln Scottish Rite Reservation Foundation is located in Lincoln, NE. The organization was established in 1994. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lincoln Scottish Rite Reservation Foundation 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 12/2021, Lincoln Scottish Rite Reservation Foundation generated $198.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $50.1k during the year ending 12/2021. While expenses have increased by 16.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE, SUPPORT AND MAINTAIN EDUCATIONAL, CULTURAL, HISTORICAL AND CHARITABLE PROGRAMS, AND TO SUPPORT THE SCOTTISH RITE OF FREEMASONRY IN NEBRASKA
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT EDUCATIONAL PROGRAMS FOR CHILDREN IN NEBRASKA THROUGH VARIOUS AWARDS, SCHOLARSHIPS AND ACTIVITIES
TO PROTECT, PRESERVE, RESTORE AND RENOVATE THE HISTORICAL, CULTURAL AND STRUCTURAL INTEGRITY OF THE LINCOLN SCOTTISH RITE MASONIC TEMPLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Mccabe President | OfficerTrustee | $0 | |
Rodney Poskochil Treasurer | OfficerTrustee | $0 | |
Bruce Wood Secretary | OfficerTrustee | $0 | |
Dale Leuders Director | Trustee | $0 | |
John Lorenzen Director | Trustee | $0 | |
Michael Gray Vice-Preside | Trustee | $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 | $24,462 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,462 |
| Total Program Service Revenue | $0 |
| Investment income | $17,696 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $156,081 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $198,239 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $42,474 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,460 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,327 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $31 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,780 |
| All other expenses | $0 |
| Total functional expenses | $50,072 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,919 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,257 |
| 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 | $903 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $723,089 |
| Investments—other securities | $21,236 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $767,404 |
| Accounts payable and accrued expenses | $6,460 |
| 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 | $3,805 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,265 |
| Net assets without donor restrictions | $361,135 |
| Net assets with donor restrictions | $396,004 |
| 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 | $767,404 |
Grants Awarded
Over the last fiscal year, Lincoln Scottish Rite Reservation Foundation has awarded $41,215 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Omaha, NE PURPOSE: CHARITABLE PURPOSES | $31,215 |
Lincoln, NE PURPOSE: CHARITABLE PURPOSES | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lincoln Scottish Rite Reservation Foundation has recieved totaling $11,900.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: FOR GRANT RECIPIENT'S EXEMPT PURPOSES | $11,900 |
Endowment Analysis
| Beg. Balance | $343,363 |
| Earnings | $61,587 |
| Other Expense | $11,115 |
| Ending Balance | $393,835 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Denver Art Museum Foundation Denver, CO | $207,954,853 | $33,249,188 |
Opas Foundation Omaha, NE | $216,930,638 | $54,646,266 |
St Louis Art Museum Foundation St Louis, MO | $296,394,608 | $22,752,701 |
Dmns Foundation Denver, CO | $168,202,725 | $31,941,607 |
Clyfford Still Museum Foundation Denver, CO | $160,969,221 | $5,009,227 |
Friends Of South Dakota Public Broadcasting Sioux Falls, SD | $8,253,361 | $5,354,022 |
Des Moines Metro Opera Foundation Inc Indianola, IA | $21,471,212 | $2,429,329 |
World Chess Museum Inc St Louis, MO | $1,624,573 | $2,628,298 |
Helen G Bonfils Foundation Denver, CO | $34,648,703 | $452,300 |
Great Platte River Road Memorial Foundation Kearney, NE | $17,944,245 | $1,032,269 |
Aspen Art Museum Foundation Aspen, CO | $41,258,930 | $3,796,374 |
Rose Blumkin Performing Arts Center Foundation Omaha, NE | $37,047,528 | $67,634 |