New North Makerhood is located in Omaha, NE. The organization was established in 2017. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New North Makerhood 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, New North Makerhood generated $135.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $64.6k during the year ending 07/2024. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
PROMOTE THE DEVELOPMENT OF AN ARTS AND TRADE DISTRICT IN ECONOMICALLY DISADVANTAGED AREA OF OMAHA.
PROMOTE THE DEVELOPMENT OF AN ARTS AND TRADE DISTRICT IN ECONOMICALLY DISADVANTAGED AREA OF OMAHA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Thompson President | 0.5 | $0 | |
Erin Fogarty Owen Vice President/secretary | 0.5 | $0 | |
John W Hancock Treasurer | 1 | $0 | |
Lyn Ziegenbein Executive Director | 40 | $91,667 | |
Kevin Thompson President | 0.5 | $0 | |
Erin Fogarty Owen Vice President/secretary | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,000 |
| Total Program Service Revenue | $120,200 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $135,200 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $91,667 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $5,434 |
| Printing, publications, postage, and shipping | $527 |
| Other expenses | $4,721 |
| Total expenses | $64,560 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |