Civic Intelligence

Nebraska Public Media Foundation Inc

EIN 86-2239027 • 501(c)3 • Lincoln, NE

Profile

SUPPORT OF PUBLIC MEDIA

1800 N 33rd StreetLincoln, NE 68503

nebraskapublicmedia.org

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.05x

Higher debt load relative to assets than 23% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

40th percentile

0.23x

Higher debt load relative to revenue than 40% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Net Margin

74th percentile

18%

Higher net margin than 74% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

26th percentile

$227,582

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Asset Growth

63rd percentile

9.3%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Revenue Growth

15th percentile

-11%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Up

$54,916,784

Up $4,679,452 (+9.3%) from 2024

Liabilities

Down

$2,769,427

Down $288,710 (-9.4%) from 2024

Net Assets

Up

$52,147,357

Up $4,968,162 (+11%) from 2024

Operations
Liabilities / Revenue40th percentileNet Margin74th percentile

Revenue

Down

$11,815,012

Down $1,440,643 (-11%) from 2024

Expenses

Down

$9,631,078

Down $3,274,326 (-25%) from 2024

Net Income

Up

$2,183,934

Up $1,833,683 (+524%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

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

$60M$40M$20M$0Assets 2022: $43,773,396Liabilities 2022: $1,747,706Net Assets 2022: $42,025,6902022Assets 2023: $46,205,899Liabilities 2023: $1,520,966Net Assets 2023: $44,684,9332023Assets 2024: $50,237,332Liabilities 2024: $3,058,137Net Assets 2024: $47,179,1952024Assets 2025: $54,916,784Liabilities 2025: $2,769,427Net Assets 2025: $52,147,3572025

Highlighted filing

2025

Assets$54,916,784
Liabilities$2,769,427
Net Assets$52,147,357
Open 2025 Filing

Operations Trend

Revenue Growth15th percentile

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

$15M$10M$5.0M$0Revenue 2022: $12,031,978Expenses 2022: $6,821,130Net Income 2022: $5,210,8482022Revenue 2023: $8,571,163Expenses 2023: $7,452,853Net Income 2023: $1,118,3102023Revenue 2024: $13,255,655Expenses 2024: $12,905,404Net Income 2024: $350,2512024Revenue 2025: $11,815,012Expenses 2025: $9,631,078Net Income 2025: $2,183,9342025

Highlighted filing

2025

Revenue$11,815,012
Expenses$9,631,078
Net Income$2,183,934
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$54,916,784
Liabilities
$2,769,427
Net assets
$52,147,357
Revenue
$11,815,012
Expenses
$9,631,078
Net income
$2,183,934
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$54.9$2.77$52.1$11.8$9.63$2.18
2024Detailed filing. Detailed filing data is available for this year.$50.2$3.06$47.2$13.3$12.9$0.35
2023Detailed filing. Detailed filing data is available for this year.$46.2$1.52$44.7$8.57$7.45$1.12
2022Detailed filing. Detailed filing data is available for this year.$43.8$1.75$42.0$12.0$6.82$5.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 9, 2026
Return Version
2024v5.1
Gross Receipts
$12,058,807
Mission and Program 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.

SUPPORT OF PUBLIC MEDIA.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$45,121,491$49,780,659▲ $4,659,168
Pledges and Grants Receivable$2,050,665$2,446,307▲ $395,642
Savings and Temporary Cash Investments$1,540,844$1,357,584▼ $183,260
Prepaid Expenses and Deferred Charges$238,064$241,889▲ $3,825
Accounts Receivable$282,022$95,091▼ $186,931
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$50,237,332$54,916,784▲ $4,679,452
Other Assets Total$1,004,246$995,254▼ $8,992
Liabilities
Accounts Payable and Accrued Expenses$2,481,389$2,122,293▼ $359,096
Deferred Revenue$576,748$647,134▲ $70,386
Other Liabilities$0$0→ $0
Total Liabilities$3,058,137$2,769,427▼ $288,710
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$35,704,465$39,800,373▲ $4,095,908
Net Assets With Donor Restrictions$11,474,730$12,346,984▲ $872,254
Total Net Assets Fund Balance$47,179,195$52,147,357▲ $4,968,162
Total Liabilities and Net Assets / Fund Balance$50,237,332$54,916,784▲ $4,679,452

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$373,641$373,641

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$39,861,813$1,075,464▲ $3,879,753$454,282$44,362,748
2023$36,122,447$179,802▲ $3,915,687$356,123$39,861,813
2022$30,153,411$3,315,704▲ $3,054,816$401,484$36,122,447
2021$0$33,607,959▼ $3,405,045$49,503$30,153,411
2020$0---$0
Compensation and Service Providers
Top Officer Pay26th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Pamela BreckaAssistant TreasurerPT$116,865$116,865
Stacey DeckerAssistant SecretaryPT$95,162$95,162

Board Members and Trustees

NameTitle
Arpi SiyahianChair/director
Ann FinknerVice Chair/director
Annette EisenhartDirector
Anthony GurrolaDirector
Dan HoltzDirector
Hannah ConnealyDirector
Jara Sturdivant-WilsonDirector
Jim UlrichDirector
John PorterDirector
Patricia ZiegDirector
Sharlette SchwenningerDirector
Peter ClowneyAssistant Treasurer
Mark LeonardPast Assistant Secretary
Molly DelaneySecretary
Randal P HansenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,911,950
Program Service Revenue
$0
Investment Income
$1,521,756
Other Revenue
$381,306
All Other Contributions
$9,911,950
Change in Net Assets
$2,183,934

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
Cars and Other Vehicles70$50,335Market value
Total Noncash Contributions70$50,335-

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,815,012
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,933,498
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$14,748,510
Total Revenue per Form 990
$11,815,012
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,148,349
Grants and Similar Amounts Paid$3,371,984
Total Fundraising Expense$2,262,170
Professional Fundraising Fees$110,745
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,371,984--$3,371,984
All Other Expenses$60,255$230,015$603,585$893,855
Other Expenses$1,436$0$302,199$303,635
Advertising$174,328$3,688$6,297$184,313
Fees for Services Professional Fundraising--$110,745$110,745
Travel$9,648$5,957$24,855$40,460
Fees for Services Accounting-$32,000-$32,000
Insurance$5,308$8,935-$14,243
Information Technology$5,150--$5,150
Fees for Services Other$0$4,000$0$4,000
Conferences and Meetings--$3,603$3,603
Occupancy$800--$800
Fees for Services Legal-$180-$180
Total Functional Expenses$7,001,458$367,450$2,262,170$9,631,078

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,780,348
Expenses per Audited Statements$9,631,078
Total Expenses per Form 990$9,631,078
Expenses Not Reported on Form 990$149,270
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of Nebraska TelevisionLincoln, NE501(c)3Production Costs$2,100,000
University of Nebraska TelevisionLincoln, NE501(c)3Studio Renovation$1,171,984
University of Missouri SystemKansas City, MO501(c)3Midwest Newsroom$100,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$110,745
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 15A & 15B - PROCESS FOR ESTABLISHING COMPENSATION

“Nebraska public media foundation, inc. Does not pay salaries. Salaries are paid by the university of nebraska who follows university/state guidelines.”

Form 990, Part VI, Line 11B Review of form 990 by governing body

“The 990 was prepared by the organization's audit firm and was reviewed by the assistant secretary/treasurer. Changes were made appropriately and the return was provided to the entire board. Any changes identified by the board were made prior to filing the return.”

Form 990, Part VI, Line 12C Conflict of interest policy

“Annual disclosure and documentation of potential conflicts of interest is required. All potential conflicts of interest are documented, and senior membership staff also follow up with the board.”

Form 990, Part VI, Line 19 Required documents available to the public

“Governing documents, conflict of interest policy, and financial statements are made available to the public via the organization's website.”

Filing and Contact Details

Filer

Filer Name
Nebraska Public Media Foundation Inc
EIN
86-2239027
Phone
4024723611
Address
1800 N 33RD STREET, LINCOLN, NE 68503

Signing Officer

Name
Randal P Hansen
Title
Treasurer
Phone
4024723611
Signed
2026-03-09
Discuss with paid preparer
Yes

Organization Details

Formed
2020
Legal Domicile
Ne
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Forvis Mazars LLP
Address
1248 O Street Ste 1040, Lincoln, NE 68508-1461
Preparer
Kristin Tynon
Phone
4024737600
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48

“The financial statements for this organization do not contain a fin 48 footnote.”

Schedule D, Part V, Line 4 Intended uses of endowment funds

“Unrestricted, board designated endowment funds ---------------------------------------------- principal, earning and net appreciation are to remain invested except those portions liquidated in predetermined amounts on a predetermined schedule to provide a certain level of support for foundation operating expenses and cash flow needs related to annual production/educational content activities, programming acquisition costs and extraordinary capital expenditures, as needed. Permanently restricted, non-designated endowment funds ------------------------------------------------------ principal is to remain invested. Earnings and net appreciation are to remain invested except those portions liquidated in predetermined amounts on a predetermined schedule to provide for a certain level of support for foundation operating expenses and cash flow needs related to annual production/educational content activities and programming acquisition costs. Also available to support personnel costs related to major and endowment fundraising activities. Permanently restricted, designated endowment funds -------------------------------------------------- principal is to remain invested. Earnings and net appreciation are to be liquidated and used only to support the donor's specific designation of these funds.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE CHAIR/DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11PAST ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13ASSISTANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14ASSISTANT TREASURER
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IRS990/MissionDesc0The 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.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DESCRIPTION - MISCELLANEOUS, COLUMN A - , COLUMN B - 9521.0, COLUMN C - 490.0, COLUMN D - 11475.0, COLUMN E - 3103.0, COLUMN F - 24589.0;
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