Civic Intelligence

Ballet Nebraska

990 • Fiscal year 2020 • EIN 27-1093011

Jul 01, 2019 to Jun 30, 2020 • Filed on May 07, 2021

PO Box 6413Omaha, NE 68106

(402) 541-6946

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

50th percentile

0.10x

Higher debt load relative to assets than 50% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

47th percentile

0.12x

Higher debt load relative to revenue than 47% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

27th percentile

-5.6%

Higher net margin than 27% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

72nd percentile

$107,199

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

47th percentile

4.8%

Faster asset growth than 47% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

70th percentile

15%

Faster revenue growth than 70% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,828,633

Up $83,755 (+4.8%) from 2019

Net Assets

Down

$1,646,031

Down $84,339 (-4.9%) from 2019

Liabilities

Up

$182,602

Up $168,094 (+1159%) from 2019

Revenue

Up

$1,496,122

Up $191,407 (+15%) from 2019

Expenses

Up

$1,580,461

Up $179,315 (+13%) from 2019

Net Income

Up

-$84,339

Up $12,092 (+13%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2017: $827,953Liabilities 2017: $151,796Net Assets 2017: $676,1572017Assets 2018: $1,985,455Liabilities 2018: $8,653Net Assets 2018: $1,976,8022018Assets 2019: $1,744,878Liabilities 2019: $14,508Net Assets 2019: $1,730,3702019Assets 2020: $1,828,633Liabilities 2020: $182,602Net Assets 2020: $1,646,0312020Assets 2021: $2,731,657Liabilities 2021: $182,260Net Assets 2021: $2,549,3972021Assets 2022: $3,145,631Liabilities 2022: $46,943Net Assets 2022: $3,098,6882022Assets 2023: $3,624,656Liabilities 2023: $385,342Net Assets 2023: $3,239,3142023Assets 2024: $4,215,628Liabilities 2024: $314,890Net Assets 2024: $3,900,7382024

Highlighted filing

2020

Assets$1,828,633
Liabilities$182,602
Net Assets$1,646,031

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $925,411Expenses 2017: $817,605Net Income 2017: $107,8062017Revenue 2018: $1,422,148Expenses 2018: $937,003Net Income 2018: $485,1452018Revenue 2019: $1,304,715Expenses 2019: $1,401,146Net Income 2019: -$96,4312019Revenue 2020: $1,496,122Expenses 2020: $1,580,461Net Income 2020: -$84,3392020Revenue 2021: $2,026,349Expenses 2021: $1,122,983Net Income 2021: $903,3662021Revenue 2022: $2,052,852Expenses 2022: $1,502,970Net Income 2022: $549,8822022Revenue 2023: $1,901,817Expenses 2023: $1,759,606Net Income 2023: $142,2112023Revenue 2024: $2,504,853Expenses 2024: $1,842,301Net Income 2024: $662,5522024

Highlighted filing

2020

Revenue$1,496,122
Expenses$1,580,461
Net Income-$84,339
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 7, 2021
Return Version
2019v5.1
Gross Receipts
$1,524,635
Mission and Program Overview

Mission

AMB is a professional dance company serving audiences in Nebraska, Iowa, and beyond. Our mission is to provide cultural enrichment through dance programs of the highest quality: breathtaking performances, inspiring education, and uplifting community engagement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,340,089$1,660,522▲ $320,433
Pledges and Grants Receivable$350,416$127,465▼ $222,951
Prepaid Expenses and Deferred Charges$39,481$31,760▼ $7,721
Land, Buildings, and Equipment, Net$8,039$4,798▼ $3,241
Cash and Non-Interest-Bearing Accounts$2,635$2,646▲ $11
Accounts Receivable-$1,442-
Total Assets$1,744,878$1,828,633▲ $83,755
Other Assets Total$4,218--
Liabilities
Other Liabilities$470$166,921▲ $166,451
Accounts Payable and Accrued Expenses$7,143$15,681▲ $8,538
Deferred Revenue$6,895--
Total Liabilities$14,508$182,602▲ $168,094
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,730,370$1,453,031▼ $277,339
Net Assets With Donor Restrictions-$193,000-
Total Net Assets Fund Balance$1,730,370$1,646,031▼ $84,339
Total Liabilities and Net Assets / Fund Balance$1,744,878$1,828,633▲ $83,755

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,622$11,428$16,050
Equipment$176$1,720$1,896
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Erika OverturffArtistic Director and CEOFT$104,077$3,122$107,199

Board Members and Trustees

NameTitle
Greta VaughtBoard Chair
Catherine HallDirector
Jeanie OwenDirector
Karen NelsenDirector
Michael C ThompsonDirector
Michelle ClarkDirector
Sharon McGillDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$884,597
Program Service Revenue
$602,544
Investment Income
$17,040
Other Revenue
$-8,059
All Other Contributions
$620,694
Change in Net Assets
$-84,339
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,037,913
Other Expenses$534,812
Total Fundraising Expense$111,817
Grants and Similar Amounts Paid$7,736
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$717,754$16,419$63,667$797,840
Current Officers, Directors, Trustees, and Key Employees$37,535$37,535$37,535$112,605
Payroll Taxes$98,244$2,508$4,707$105,459
Advertising$91,310--$91,310
Occupancy$73,672--$73,672
All Other Expenses$71,657--$71,657
Office Expenses$3,026$34,078$2,873$39,977
Travel$33,543--$33,543
Pension Plan Contributions$17,355$1,619$3,035$22,009
Fees for Services Accounting-$20,428-$20,428
Insurance-$12,593-$12,593
Grants to Domestic Individuals$7,736--$7,736
Fees for Services Legal-$6,829-$6,829
Other Expenses$2,189$1,131-$3,320
Depreciation Depletion-$3,241-$3,241
Total Functional Expenses$1,318,914$149,730$111,817$1,580,461
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$28,513
Fundraising Gross Income$20,324
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$138,927$18,110$8,087$10,023
Total Events$138,927$18,110$28,513$-10,403
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Deborah OverturffFamily Member of OfficerEmploymentNo-
Shanna ZordellFamily Member of OfficerEmploymentNo-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
PPP Loan$158,800
Payroll and Sales Taxes Payable$8,121
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990 governing body review Part VI line 11

Artistic Director reviews the Form 990.

CEO executive director top management comp Part VI line 15A

The Board of Directors reviews and determines compensation of the Artistic Director.

Governing documents etc available to public Part VI line 19

The documents are not available to the public.

Part VI response or note to any other line in Part VI

As potential conflicts arise, board members are excluded from deliberations and voting as appropriate.

Filing and Contact Details

Filer

Filer Name
Ballet Nebraska
EIN
27-1093011
Address
PO Box 6413, Omaha, NE 68106
Doing Business As
American Midwest Ballet

Signing Officer

Name
Erika Overturff
Title
Artistic Direct
Phone
4025416946
Signed
2021-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erika Overturff
Formed
2009
Legal Domicile
Ne
Voting Board Members
7
Independent Board Members
6
Employees
52
Volunteers
40

Preparer

Firm
Sharon Martin CPA
Address
16015 U Street, Omaha, NE 68135
Preparer
Sharon Martin CPA
Phone
4026802996
Supplemental Narrative

Additional Explanations

Significant program services not listed on prior year return Part III line 2

Expanded educational programs to include AMB School.

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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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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1146594
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0455950
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1146594
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0643557
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02103
IRS990/PYOtherExpensesAmt0663537
IRS990/PYOtherRevenueAmt0110
IRS990/PYProgramServiceRevenueAmt0658945
IRS990/PYRevenuesLessExpensesAmt0-96431
IRS990/PYSalariesCompEmpBnftPaidAmt0737609
IRS990/PYTotalExpensesAmt01401146
IRS990/PYTotalRevenueAmt01304715
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-84339
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0602544
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01340089
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01660522
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0884597
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0643557
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01626729
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0421568
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0395480
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03971931
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt017040
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02103
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02063
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02901
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01482
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt025589
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.56260
IRS990ScheduleA/PublicSupportPY170Pct00.52680
IRS990ScheduleA/PublicSupportTotal170Amt02249190
IRS990ScheduleA/SubstantialContributorsTotAmt01722741
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0884597
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0643557
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01626729
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0421568
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0395480
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03971931
IRS990ScheduleA/TotalSupportAmt03997520
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt0176
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01720
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01896
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04622
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011428
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt016050
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08121
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1158800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll and Sales Taxes Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PPP Loan
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04798
IRS990ScheduleD/TotalLiabilityAmt0166921
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0120817
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0120817
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt028513
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Gala
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt019031
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt019031
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0138927
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0138927
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt018110
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt018110
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-10403
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08087
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08087
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt01395
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt01395
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt07736
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0Tuition assistance
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt04
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0Fair Market Value
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0AMB awards scholarships to students and their families who need tuition assistance. The amount of scholarship is determined by need, verified annual income, and available funding.Scholarship are awarded as a credit toward tuition to ensure that funds are expended as intended.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1AMB tracks the specific number of scholarship recipients.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Monitoring procedures (Part I, line 2)
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Estimate calculation (Part III, column b)
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Deborah Overturff
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1Shanna Zordell
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Family Member of Officer
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Family Member of Officer
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Employment
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Employment
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Artistic Director reviews the Form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Directors reviews and determines compensation of the Artistic Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The documents are not available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Expanded educational programs to include AMB School.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4As potential conflicts arise, board members are excluded from deliberations and voting as appropriate.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Significant program services not listed on prior year return Part III line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI response or note to any other line in Part VI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0true
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01744878
IRS990/TotalAssetsEOYAmt01828633
IRS990/TotalAssetsGrp/BOYAmt01744878
IRS990/TotalAssetsGrp/EOYAmt01828633
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0884597
IRS990/TotalEmployeeCnt052
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0111817

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