Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1966.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
92 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
8 people listed on the 990; $94K paid to officers and key staff.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Promotes and supports fine and performing arts education and events across the state.
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Cultural Preservation Endowment
Cpef funds are used in one of the following three categories stabilization of nebraska's arts organizations - stabilization can take many forms, from utilizing a grant program designed to stimulate endowment building, or as a supplement to annual general operational support grants arts education programs that provide statewide impact -…
Special Initiatives
These projects and services are designed to increase awareness of, and participation in, arts and culture this program supports fees paid to consultants who work with targeted arts organizations and artists as well as other areas of organizational and professional development services included training for artists and organizations in…
Nebraska Cultural Endowment Private Fund
Nebraska cultural endowment disbursements support objectives of the nebraska arts council's mission and goals as outlined in the nebraska arts council's strategic plan and an annual recommendation for the john w carson donor-advised fund
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.3M | $844K |
| InvestmentsLn 11–13 | $0 | $641K |
| Total assetsLn 16 | $1.5M | $1.6M |
| LiabilitiesLn 26 | $5K | $41K |
| Net assetsLn 32 | $1.5M | $1.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $556K | $556K | ||
| Other fees for servicesLn 11g | $125K | $92K | $33K | |
| Office expensesLn 13 | $11K | $11K | ||
| TravelLn 17 | $9K | $7K | $2K | |
| Conferences, conventions and meetingsLn 19 | $13K | $10K | $2K | |
| InsuranceLn 23 | $1K | $1K | ||
| Other expenses (24a–d)Ln 24 | $7K | $1K | $6K | |
| Total functional expensesLn 25 | $723K | $667K | $56K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $1.3M | $731K | $539K | $2.1M | 990 PDF |
| FY2024 Viewing | $789K | $723K | $66K | $1.6M | 990 PDF |
| FY2023 | $689K | $1.0M | −$350K | $1.5M | 990 PDF |
| FY2022 | $976K | $954K | $23K | $1.9M | 990 PDF |
| FY2021 | $979K | $772K | $207K | $1.9M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $789,323 revenue, 12 lines filed
Part VI · Governance 7 of 7 board members independent, 1 to look at
Part VIII · Statement of revenue $789,323 across 6 lines filed
Part IX · Statement of functional expenses $722,880 across 7 lines filed
Part X · Balance sheet $1,600,066 assets, 10 lines filed
Part XI · Reconciliation of net assets $1,559,190 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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