Nebraska Public Media Foundation Inc
Nonprofit profile at a glance
- EIN
- 862239027
- IRS 990 coverage
- 2021–2024
- Forms available
- Form 990 2024, Form 990-T 2024, Form 990-N 2020
- Location
- Lincoln, NE, USA
- Phone
- 4024723611
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $11,815,012
- Expenses
- $9,631,078
- Assets
- $54,916,784
- Liabilities
- $2,769,427
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Highest reported compensation
- Mark Leonard (PAST ASSISTANT SECRETARY): $227,582 total reported compensation
- Peter Clowney (ASSISTANT TREASURER): $203,708 total reported compensation
- Randal P Hansen (TREASURER): $179,516 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The specific purposes of the Foundation are to support the joint undertaking of the Board of Regents of the University of Nebraska and State of Nebraska Educational Telecommunications Commission, known as Nebraska Public Media through activities including but not limited to; raising funds to support the development and transmission of public media in the State of Nebraska ; promoting support for and engagement with public media in the State of Nebraska; and engaging in such other activities permissible for an organization exempt under Code Section 501(c)(3) and programs as the Board of Directors shall determine to be in the best interests of the Foundation.
What it reported doing in 2024
Network, university of Nebraska television dept, lincoln, ne for the purpose of program production and acquisition support for broadcast over the Nebraska etv network, including distribution over the public broadcasting system.
Operating model
- Revenue model
- Donor-supported. 86% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 52% for direct work, and 48% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 75
- Accountability: 95
- Sustainability: 82
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.9%; rating input score 65
- Program expense ratio: 72.7%; rating input score 73
- Fundraising efficiency: $4.38 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 18.5%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 5.7; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 83; 83rd percentile among comparable filings
- Officer compensation ratio: 1.2%; rating input score 83; 83rd percentile among comparable filings
Growth
- Program expense growth: 18.4% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 3.5% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: 7.7% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 64.9% of revenue deployed · 72.7% of spending went to programs
- Governance: 11 of 11 board members independent · 7 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $7M in reported program spending
- Leadership: top reported pay $228K · 17 people listed · 0 of 6 pay-setting controls reported
- Consistency: 29 of 29 current checks pass
- Schedules: 10 filed schedules · includes major donors, grants, and executive pay
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 5 filed related-organization links
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 17/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.