Next Act INC FY2023 filing

Jasper, IN · Public charity (501(c)(3)) · Since 2014 · Arts & Culture

✓ Tax-deductible Latest data FY2023
Revenue
$122K
▲ +11% vs prior year
Spent
$139K
To programs
100%
Net assets
$1.4M
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Form 990 for the fiscal year ending December 2023 (IRS tax year 2023).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Foundation funders?
2 funders, incl. Dubois County Community Foundation INC
$15K in the latest grant year.
Spent on programs?
100% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +11% vs prior year
Legal name (IRS)Hdr · item CNext Act INC
EINHdr · item D47-2333745
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMar 2015
Year of formationHdr · item L2014
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CJasper, IN
NTEE classificationIRS BMFArts & Culture (A80)
WebsiteHdr · item Jwww.thenextact.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Fundraising $0.00
Program services100%$139K
Fundraising$252
Total functional expensesLn 25$139K

Financial health

Revenue & expenses by yearFY2020–FY2025
Revenue
$122K
FY2023▲ +11%
Expenses
$139K
FY2023▲ +35%
Program efficiency
100%
of spending reaches programs
Operating runway
31.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-14%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$1.4M
FY2023▼ -1%
Total liabilities
$0
FY2023
Revenue less expensesPt I · Ln 19−$17K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Balance Sheet

Part X · end of year
CashLn 1$241K
Total assetsLn 16$1.4M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.4M
Months of cash on handcomputed20.9

Statement of Revenue

Part VIII
Contributions & grants$61K · 50%
Program service revenue$60K · 49%
Other revenue$1K · 1%
Contributions & grants50%$61K
Program service revenue49%$60K
Other revenue1%$1K
Investment income$22
— government grantsLn 1e$17K
Total revenueLn 12$122K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $363K · Operating expenses/yr $139K
31.4 months
Where the money goes
Program services
Program services $139K · Total expenses $139K
100%
Management & General
Management & general $0 · Total expenses $139K
0%
Fundraising
Fundraising $252 · Total expenses $139K
0.2%
Cost to raise $1
Fundraising expense (3-yr avg) $210 · Solicited contributions (3-yr avg) $53K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $61K · Total revenue $122K
50%
Government reliance
Government grants $17K · Total revenue $122K
14%
Earned-income share
Program service revenue $60K · Total revenue $122K
49%
Investment reliance
Investment income $22 · Total revenue $122K
+0.02%
Program self-sufficiency
Program service revenue $60K · Total expenses $139K
44%
Growth & trend
Revenue growth (YoY)
This year $122K · Prior year $110K
+11%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $122K · Expenses $139K
-14%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
—
Net-asset ratio
Net assets $1.4M · Total assets $1.4M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $121K · Total assets (Pt X, ln 16) $1.4M
9%
People & payroll
Highest Reported Total Compensation
Individual Kyle Lueken · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $139K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $139K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%——
Overhead ratio 0%——
Fundraising cost ratio 0.4%——
Revenue growth 11%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Next Act INC executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Fosters cultural and artistic events and knowledge in Dubois County, Indiana.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $139K of program spending, described in the organization's own filed words · FY2023.
01

To foster, engage, and create cultural and artistic happenings and knowledge in dubois county, indiana.

$139Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$15K

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest $177K$212K-15% 990 PDF
FY2024 $208K$207K+70% 990 PDF
FY2023 Viewing $122K$139K+11% 990 PDF
FY2022 $110K$103K+48% 990 PDF
FY2021 $74K$91K-0.8% 990 PDF
FY2020 $75K$86K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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