Metropolitan Entertainment &
- Assets
- $158.6m
- Revenue
- $95.5m
- Investments
- $14.2m
- Employees
- 675
- Location
- Omaha, NE
- Founding
- 12/1997
- Data as of
- 06/2021
- EIN
- 91-1846837
Organization Overview
Metropolitan Entertainment & is located in Omaha, NE. The organization was established in 1997. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Metropolitan Entertainment & employed 675 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metropolitan Entertainment & 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 06/2021, Metropolitan Entertainment & generated $95.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $90.0m during the year ending 06/2021. While expenses have increased by 13.8% per year over the past 6 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
MECA'S MISSION IS TO RELIEVE THE BURDENS OF GOVERNMENT THROUGH MANAGEMENT AND OPERATION OF GOVERNMENT OWNED CONVENTION, SPORTS AND ENTERTAINMENT FACILITIES LOCATED IN OMAHA, NEBRASKA. MECA MANAGES AND OPERATES CHI HEALTH CENTER CENTER OMAHA (FORMERLY CENTURYLINK CENTER OMAHA) AND TD AMERITRADE PARK OMAHA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE ATTACHED SUPPLEMENT TO SCHEDULE O DESCRIBING THE FINANCIAL HIGHLIGHTS OF THE ORGANIZATION'S PRIMARY PROGRAM SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Dixon President/ceo | Officer | 55 | $295,022 |
Kevin Raymond VP Operations & It | 45 | $161,769 | |
Tom O'gorman VP Corporate Sales & | 45 | $153,814 | |
Diane Mills CFO | 45 | $150,276 | |
Claire Alt VP Human Resources | 45 | $103,076 | |
Denise Niebrugge VP Convention Sales | 45 | $102,986 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Professional Sports Partners Llc Sports Marketing | 6/29/21 | $371,978 |
Doll Construction Llc Construction | 6/29/21 | $371,065 |
Tm Gaeta Llc Landscape | 6/29/21 | $294,943 |
Levy Premium Food Services Lp Food Service | 6/29/21 | $2,755,267 |
Ats Facility Services Janitorial | 6/29/21 | $445,735 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,940,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,755,763 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,696,163 |
| Total Program Service Revenue | $21,001,652 |
| Investment income | $150,213 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $550 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $95,451,675 |
| 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. | $328,018 |
| Compensation of current officers, directors, key employees. | $328,018 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,939,315 |
| Pension plan accruals and contributions | $115,101 |
| Other employee benefits | $1,031,959 |
| Payroll taxes | $385,834 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $111,225 |
| Fees for services: Accounting | $43,400 |
| Fees for services: Lobbying | $46,813 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $313,782 |
| Advertising and promotion | $78,363 |
| Office expenses | $128,886 |
| Information technology | $288,676 |
| Royalties | $0 |
| Occupancy | $2,747,533 |
| Travel | $7,848 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $495 |
| Interest | $11,683 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,990,742 |
| Insurance | $253,164 |
| All other expenses | $7,246,167 |
| Total functional expenses | $89,998,974 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,486,039 |
| Savings and temporary cash investments | $100,271,827 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,377,673 |
| 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 | $907,980 |
| Net Land, buildings, and equipment | $16,351,380 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $14,226,050 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,259 |
| Total assets | $158,635,208 |
| Accounts payable and accrued expenses | $21,079,613 |
| Grants payable | $0 |
| Deferred revenue | $2,764,106 |
| 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 | $1,440,402 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $89,670,243 |
| Total liabilities | $114,954,364 |
| Net assets without donor restrictions | $0 |
| 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 | $19,186,690 |
| Retained earnings, endowment, accumulated income, or other funds | $24,494,154 |
| Total liabilities and net assets/fund balances | $158,635,208 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Metropolitan Entertainment & has recieved totaling $10,913.
| Awarding Organization | Amount |
|---|---|
Mammel Family Foundation Omaha, NE PURPOSE: Community Improvement, Capacity Bui | $10,913 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metropolitan Entertainment & Omaha, NE | $158,635,208 | $95,451,675 |
Vocational Development Center Inc Council Bluffs, IA | $12,984,673 | $16,204,305 |
Southern Iowa Economic Development Association Ottumwa, IA | $4,848,905 | $15,262,424 |
St Louis Economic Development Partnership Saint Louis, MO | $27,235,860 | $13,883,018 |
Convention & Visitors Bureau Of Greater Kansas City Kansas City, MO | $12,878,337 | $11,432,355 |
Explore Branson Tourism Branson, MO | $1,396,845 | $7,616,014 |
Region 10 League For Economic Assistance & Planning Inc Montrose, CO | $16,331,779 | $8,034,942 |
Wichita Convention & Tourism Bureau Wichita, KS | $3,697,930 | $5,439,635 |
South Central Kansas Economic Development District Inc Sckedd Bel Aire, KS | $6,963,572 | $7,360,259 |
Omaha Economic Development Corp Omaha, NE | $18,549,776 | $6,962,293 |
Economic Development Corporation Of Kansas City Missouri Kansas City, MO | $4,885,634 | $3,918,676 |
Grow South Dakota Sisseton, SD | $70,205,734 | $6,159,440 |