Friends of Mary Riepma Ross Media Arts Center Foundation

Nonprofit profile at a glance

EIN
680497885
IRS 990-EZ coverage
2011–2024
Forms available
Form 990-EZ 2024
Location
Lincoln, NE, USA
Rating confidence
Limited
Sector
Single Organization Support

Reported finances

Revenue
$6,280
Assets
$262,642

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • SEAN FLANNERY (PRESIDENT)

People named in this filing

  • SEAN FLANNERY (PRESIDENT)
  • TOM GRAF (VICE-PRESIDE)
  • BETTY LEVITOV (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Fmrrmac foundation exempt purpose is an endowment/investment vehicle in which gifts and contributions will be invested and earnings distributed to the fmrrmac, inc. According to the investment policy of the foundation. Fmrrmac, inc. Provides educaitonal experiences and development of the mary riepma ross media arts center.

What it reported doing in 2024

To make distributions for the benefit of the friends of mary riepma ross media arts center

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: NotEnoughData
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -49.7% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: -8.9% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: 9.4% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 3 of 3 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.