Civic Intelligence

The Durham Museum Foundation

EIN 20-1079027 • 501(c)3 • Omaha, NE

Profile

The primary mission of the durham museum foundation is solicitation, receipt and management of funds received through contributions, gifts, grants and other fundraising sources to support the durham museum.

801 South 10th StreetOmaha, NE 68108

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

17th percentile

0.01x

Higher debt load relative to assets than 17% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

36th percentile

0.12x

Higher debt load relative to revenue than 36% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

81st percentile

31%

Higher net margin than 81% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

51st percentile

5.4%

Faster asset growth than 51% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

155%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$17,083,727

Up $880,287 (+5.4%) from 2023

Liabilities

Up

$205,755

Up $191,942 (+1390%) from 2023

Net Assets

Up

$16,877,972

Up $688,345 (+4.3%) from 2023

Revenue

Up

$1,660,093

Up $1,008,914 (+155%) from 2023

Expenses

Down

$1,150,839

Down $461,426 (-29%) from 2023

Net Income

Up

$509,254

Up $1,470,340 (+153%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2010: $18,843,968Liabilities 2010: $15,644Net Assets 2010: $18,828,3242010Assets 2011: $19,322,368Liabilities 2011: $414,570Net Assets 2011: $18,907,7982011Assets 2012: $19,269,638Liabilities 2012: $77,715Net Assets 2012: $19,191,9232012Assets 2013: $19,384,792Liabilities 2013: $253,743Net Assets 2013: $19,131,0492013Assets 2014: $20,022,921Liabilities 2014: $313,797Net Assets 2014: $19,709,1242014Assets 2015: $18,321,764Liabilities 2015: $15,136Net Assets 2015: $18,306,6282015Assets 2016: $18,045,549Liabilities 2016: $29,330Net Assets 2016: $18,016,2192016Assets 2017: $20,360,954Liabilities 2017: $123,116Net Assets 2017: $20,237,8382017Assets 2018: $18,481,797Liabilities 2018: $74,661Net Assets 2018: $18,407,1362018Assets 2019: $19,112,899Liabilities 2019: $321,664Net Assets 2019: $18,791,2352019Assets 2020: $17,675,281Liabilities 2020: $15,744Net Assets 2020: $17,659,5372020Assets 2021: $17,744,080Liabilities 2021: $14,294Net Assets 2021: $17,729,7862021Assets 2022: $16,445,739Liabilities 2022: $13,039Net Assets 2022: $16,432,7002022Assets 2023: $16,203,440Liabilities 2023: $13,813Net Assets 2023: $16,189,6272023Assets 2024: $17,083,727Liabilities 2024: $205,755Net Assets 2024: $16,877,9722024

Highlighted filing

2024

Assets$17,083,727
Liabilities$205,755
Net Assets$16,877,972

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $1,940,1022010Revenue 2011: $2,867,232Expenses 2011: $2,544,288Net Income 2011: $322,9442011Expenses 2012: $1,259,2402012Revenue 2013: $1,793,618Expenses 2013: $1,319,106Net Income 2013: $474,5122013Revenue 2014: $2,215,367Expenses 2014: $1,586,630Net Income 2014: $628,7372014Revenue 2015: $1,036,338Expenses 2015: $1,867,257Net Income 2015: -$830,9192015Revenue 2016: $916,950Expenses 2016: $1,588,201Net Income 2016: -$671,2512016Revenue 2017: $3,614,561Expenses 2017: $1,540,977Net Income 2017: $2,073,5842017Revenue 2018: $1,188,102Expenses 2018: $2,310,115Net Income 2018: -$1,122,0132018Revenue 2019: $2,945,146Expenses 2019: $3,583,572Net Income 2019: -$638,4262019Revenue 2020: $805,827Expenses 2020: $2,209,978Net Income 2020: -$1,404,1512020Revenue 2021: $1,385,029Expenses 2021: $710,346Net Income 2021: $674,6832021Revenue 2022: $1,114,760Expenses 2022: $871,897Net Income 2022: $242,8632022Revenue 2023: $651,179Expenses 2023: $1,612,265Net Income 2023: -$961,0862023Revenue 2024: $1,660,093Expenses 2024: $1,150,839Net Income 2024: $509,2542024

Highlighted filing

2024

Revenue$1,660,093
Expenses$1,150,839
Net Income$509,254

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.1$0.21$16.9$1.66$1.15$0.51
2023Detailed filing. Detailed filing data is available for this year.$16.2$0.01$16.2$0.65$1.61$0.96
2022Detailed filing. Detailed filing data is available for this year.$16.4$0.01$16.4$1.11$0.87$0.24
2021Detailed filing. Detailed filing data is available for this year.$17.7$0.01$17.7$1.39$0.71$0.67
2020Detailed filing. Detailed filing data is available for this year.$17.7$0.02$17.7$0.81$2.21$1.40
2019Detailed filing. Detailed filing data is available for this year.$19.1$0.32$18.8$2.95$3.58$0.64
2018Detailed filing. Detailed filing data is available for this year.$18.5$0.07$18.4$1.19$2.31$1.12
2017Detailed filing. Detailed filing data is available for this year.$20.4$0.12$20.2$3.61$1.54$2.07
2016Detailed filing. Detailed filing data is available for this year.$18.0$0.03$18.0$0.92$1.59$0.67
2015Detailed filing. Detailed filing data is available for this year.$18.3$0.02$18.3$1.04$1.87$0.83
2014Detailed filing. Detailed filing data is available for this year.$20.0$0.31$19.7$2.22$1.59$0.63
2013Detailed filing. Detailed filing data is available for this year.$19.4$0.25$19.1$1.79$1.32$0.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.3$0.08$19.2$1.26
2011Summary only. Only limited summary data is available for this year.$19.3$0.41$18.9$2.87$2.54$0.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.8$0.02$18.8$1.94
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 1, 2025
Return Version
2024v5.2
Gross Receipts
$6,974,346
Mission and Program Overview

Mission

The primary mission of the durham museum foundation is solicitation, receipt and management of funds received through contributions, gifts, grants and other fundraising sources to support the durham museum.

Supporting organization for the durham museum, a 501(c)(3) organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$15,466,105$14,930,707▼ $535,398
Savings and Temporary Cash Investments$574,080$1,280,791▲ $706,711
Pledges and Grants Receivable-$700,000-
Total Assets$16,203,440$17,083,727▲ $880,287
Other Assets Total$163,255$172,229▲ $8,974
Liabilities
Other Liabilities$0$192,186▲ $192,186
Accounts Payable and Accrued Expenses$13,813$13,569▼ $244
Total Liabilities$13,813$205,755▲ $191,942
Net Assets / Fund Balance
Net Assets With Donor Restrictions$15,386,974$16,715,828▲ $1,328,854
Net Assets Without Donor Restrictions$802,653$162,144▼ $640,509
Total Net Assets Fund Balance$16,189,627$16,877,972▲ $688,345
Total Liabilities and Net Assets / Fund Balance$16,203,440$17,083,727▲ $880,287

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$15,000,000---$15,000,000
2023$14,902,072-▲ $97,928-$15,000,000
2022$15,000,000--$97,928$14,902,072
2021$15,000,000---$15,000,000
2020$15,000,000---$15,000,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
John NelsonChair
John BoyerDirector
Rodrigo LopezDirector
Brad KnuthSecretary/treasury
Revenue and Support

Revenue Composition

Contributions and Grants
$1,125,210
Program Service Revenue
$0
Investment Income
$534,883
Other Revenue
$0
All Other Contributions
$1,125,210
Change in Net Assets
$509,254

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded867$355,211Fair Market Value
Total Noncash Contributions867$355,211-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,605,343
Revenue Not Reported on Financial Statements
$54,750
Revenue Not Reported on Form 990
$179,091
Total Revenue per Audited Statements
$1,784,434
Total Revenue per Form 990
$1,660,093
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,096,089
Other Expenses$54,750
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,096,089--$1,096,089
Fees for Service Investment Mgmnt Fees-$54,750-$54,750
Total Functional Expenses$1,096,089$54,750$0$1,150,839

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,150,839
Expenses per Audited Statements$1,096,089
Total Expenses per Audited Statements$1,096,089
Expenses Not Reported on Financial Statements$54,750
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Durham MuseumOmaha, NE501(c)(3)Operations and Capital Improvements$1,096,089
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to the Durham Museum$192,186
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The director of finance reviewed the 990 and then walked through it with the board of directors.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is distributed and signed off by all employees and board members at the beginning of their involvement and annually thereafter.

Form 990, Part VI, Section C, Line 18

The organization makes its form 1023 and 990 available to the public upon request.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Durham Museum Foundation Inc
EIN
20-1079027
Phone
4024444774
Address
801 SOUTH 10TH STREET, OMAHA, NE 68108

Signing Officer

Name
Susan Sheehy
Title
Director of Finance
Phone
4024444774
Signed
2025-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Nelson
Formed
2004
Legal Domicile
Ne
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Hancock & Dana Pc
Address
12829 WEST DODGE ROAD 100, OMAHA, NE 68154
Preparer
Stephanie Vanicek
Phone
4023911065
Supplemental Narrative

Additional Explanations

Form 990 Part XI, Line 2C

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The organizations have implemented the accounting guidance for uncertainty in income taxes as required by accounting principles generally accepted in the united states of america. Using that guidance, uncertain tax positions need to be recognized in the combined financial statements when it is more likely than not the position will not be sustained upon examination by tax authorities. As of december 31, 2024 and 2023, the organizations had no uncertain tax positions that qualify for either recognition or disclosure in the combined financial statements. The organizations are subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

Raw XML AppendixShowing 400 of 412 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01096089
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE DURHAM MUSEUM
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATIONS HAVE IMPLEMENTED THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. USING THAT GUIDANCE, UNCERTAIN TAX POSITIONS NEED TO BE RECOGNIZED IN THE COMBINED FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. AS OF DECEMBER 31, 2024 AND 2023, THE ORGANIZATIONS HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS. THE ORGANIZATIONS ARE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPERATIONS AND CAPITAL IMPROVEMENTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE DURHAM MUSEUM
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0801 SOUTH 10TH STREET
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0CERTAIN MEMBERS OF THE FOUNDATION BOARD ALSO SERVE ON THE BOARD OF THE RECIPIENT ORGANIZATION AND RECEIVE UPDATES ON USE OF THE FUNDS THROUGH THE RECIPIENT ORGANIZATON BOARD MEETINGS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
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IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DIRECTOR OF FINANCE REVIEWED THE 990 AND THEN WALKED THROUGH IT WITH THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED AND SIGNED OFF BY ALL EMPLOYEES AND BOARD MEMBERS AT THE BEGINNING OF THEIR INVOLVEMENT AND ANNUALLY THEREAFTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS FORM 1023 AND 990 AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART XI, LINE 2C
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IRS990ScheduleR/AssetSaleToOtherOrgInd00
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IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE DURHAM MUSEUM
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO COLLECT, PRESERVE, AND INTERPRET HISTORICAL ARTIFACTS.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0501(C)(3)
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN SHEEHY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR OF FINANCE
ReturnHeader/BusinessOfficerGrp/PhoneNum04024444774
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE DURHAM MUSEUM FOUNDATION INC
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