Civic Intelligence

Ballet Nebraska

990 • Fiscal year 2022 • EIN 27-1093011

Jul 01, 2021 to Jun 30, 2022 • Filed on May 13, 2023

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

34th percentile

0.01x

Higher debt load relative to assets than 34% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

32nd percentile

0.02x

Higher debt load relative to revenue than 32% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

77th percentile

27%

Higher net margin than 77% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

75th percentile

$117,032

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

73rd percentile

15%

Faster asset growth than 73% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

42nd percentile

1.3%

Faster revenue growth than 42% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$3,145,631

Up $413,974 (+15%) from 2021

Net Assets

Up

$3,098,688

Up $549,291 (+22%) from 2021

Liabilities

Down

$46,943

Down $135,317 (-74%) from 2021

Revenue

Up

$2,052,852

Up $26,503 (+1.3%) from 2021

Expenses

Up

$1,502,970

Up $379,987 (+34%) from 2021

Net Income

Down

$549,882

Down $353,484 (-39%) from 2021

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

2022

Assets$3,145,631
Liabilities$46,943
Net Assets$3,098,688

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

2022

Revenue$2,052,852
Expenses$1,502,970
Net Income$549,882
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 13, 2023
Return Version
2021v4.2
Gross Receipts
$2,052,852
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.

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,142,801$2,458,472▲ $315,671
Pledges and Grants Receivable$512,500$278,946▼ $233,554
Cash and Non-Interest-Bearing Accounts$12,526$111,122▲ $98,596
Prepaid Expenses and Deferred Charges$53,842$39,966▼ $13,876
Accounts Receivable$7,167--
Land, Buildings, and Equipment, Net$2,821$6,324▲ $3,503
Total Assets$2,731,657$3,145,631▲ $413,974
Other Assets Total-$250,801-
Liabilities
Other Liabilities$182,260$34,533▼ $147,727
Accounts Payable and Accrued Expenses-$12,410-
Total Liabilities$182,260$46,943▼ $135,317
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,951,897$2,622,688▲ $670,791
Net Assets With Donor Restrictions$597,500$476,000▼ $121,500
Total Net Assets Fund Balance$2,549,397$3,098,688▲ $549,291
Total Liabilities and Net Assets / Fund Balance$2,731,657$3,145,631▲ $413,974

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$6,324$15,726$22,050
Equipment-$1,896$1,896
Other Assets Org$250,516--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Erika OverturffArtistic Director & CEOFT$113,623$3,409$117,032

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$1,597,165
Program Service Revenue
$453,194
Investment Income
$2,493
Other Revenue
$0
All Other Contributions
$869,619
Change in Net Assets
$549,882

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,052,852
Revenue Not Reported on Form 990
$214,184
Total Revenue per Audited Statements
$2,267,036
Total Revenue per Form 990
$2,052,852
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,017,253
Other Expenses$480,960
Total Fundraising Expense$101,902
Grants and Similar Amounts Paid$4,757
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$687,123$28,576$52,137$767,836
Current Officers, Directors, Trustees, and Key Employees$38,537$38,537$38,537$115,611
Payroll Taxes$100,620$5,134$6,937$112,691
Advertising$77,479--$77,479
Occupancy$57,931--$57,931
Other Expenses$56,282--$56,282
Office Expenses-$24,615$1,571$26,186
Pension Plan Contributions$15,022$2,013$2,720$19,755
Fees for Services Accounting-$14,727-$14,727
Insurance-$14,559-$14,559
Grants to Domestic Individuals$4,757--$4,757
Fees for Services Legal-$3,468-$3,468
Depreciation Depletion$600$1,897-$2,497
Other Employee Benefits$1,360--$1,360
Total Functional Expenses$1,267,542$133,526$101,902$1,502,970

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,717,745
Expenses per Audited Statements$1,502,970
Total Expenses per Form 990$1,502,970
Expenses Not Reported on Form 990$214,775
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
Insider Transactions and Loans

Interested-Person Transactions

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

Other Reported Liabilities

LiabilityAmount
Prepaid Revenue$34,099
Payroll Taxes Payable$296
Sales Tax Payable$138
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
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

Committee meeting documentation Part VI line 8B

There were no such committee meetings with authority to act on behalf of the governing body during the tax year.

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
2023-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Erika Overturff
Formed
2009
Legal Domicile
Ne
Voting Board Members
8
Independent Board Members
7
Employees
48
Volunteers
25

Preparer

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

Additional Explanations

Part XI response or note to any line in Part XI

The board oversees the audit or review by an independent accountant.

Raw XML AppendixShowing 400 of 439 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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IRS990/PYTotalExpensesAmt01122983
IRS990/PYTotalRevenueAmt02026349
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0549882
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0453194
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02142801
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02458472
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01597164
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01895611
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0884597
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0643557
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01626729
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06647658
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01902
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02507
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt017040
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02103
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02063
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt025615
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.60550
IRS990ScheduleA/PublicSupportPY170Pct00.56400
IRS990ScheduleA/PublicSupportTotal170Amt04040336
IRS990ScheduleA/SubstantialContributorsTotAmt02607322
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01597164
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01895611
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0884597
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0643557
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01626729
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06647658
IRS990ScheduleA/TotalSupportAmt06673273
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/DonatedServicesAndUseFcltsAmt0214775
IRS990ScheduleD/DonatedServicesUseFcltsAmt0214775
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01896
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01896
IRS990ScheduleD/ExpensesNotReportedAmt0214775
IRS990ScheduleD/ExpensesSubtotalAmt01502970
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-591
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0285
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1250516
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Interest Receivable
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Certificate of Deposit
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06324
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015726
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt022050
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt034099
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1296
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2138
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Prepaid Revenue
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Payroll Taxes Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Sales Tax Payable
IRS990ScheduleD/RevenueNotReportedAmt0214184
IRS990ScheduleD/RevenueSubtotalAmt02052852
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06324
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0250801
IRS990ScheduleD/TotalExpensesPerForm990Amt01502970
IRS990ScheduleD/TotalLiabilityAmt034533
IRS990ScheduleD/TotalRevenuePerForm990Amt02052852
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02267036
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01717745
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Deborah Overturff
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1Shanna Zordell
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Family Member of Officer
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Family Memeber of Officer
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Employment
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Employment
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There were no such committee meetings with authority to act on behalf of the governing body during the tax year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Artistic Director reviews the Form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors reviews and determines compensation of the Artistic Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The documents are not available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4As potential conflicts arise, board members are excluded from deliberations and voting as appropriate.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The board oversees the audit or review by an independent accountant.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI response or note to any other line in Part VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Part XI response or note to any line in Part XI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02731657
IRS990/TotalAssetsEOYAmt03145631
IRS990/TotalAssetsGrp/BOYAmt02731657
IRS990/TotalAssetsGrp/EOYAmt03145631
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01597165
IRS990/TotalEmployeeCnt048
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0101902
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0133526
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01267542
IRS990/TotalFunctionalExpensesGrp/TotalAmt01502970
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0182260
IRS990/TotalLiabilitiesEOYAmt046943
IRS990/TotalLiabilitiesGrp/BOYAmt0182260
IRS990/TotalLiabilitiesGrp/EOYAmt046943
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02549397
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03098688
IRS990/TotalOtherCompensationAmt03409
IRS990/TotalProgramServiceExpensesAmt01267542
IRS990/TotalProgramServiceRevenueAmt0453194
IRS990/TotalReportableCompFromOrgAmt0113623
IRS990/TotalRevenueGrp/ExclusionAmt02493
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0453194
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02052852
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02731657
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03145631
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X

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