Civic Intelligence

Metropolitan Entertainment & Convention Authority

990 • Fiscal year 2018 • EIN 91-1846837

Jul 01, 2017 to Jun 30, 2018 • Filed on May 13, 2019

455 N 10th StreetOmaha, NE 68102

(402) 341-1500

Siviq Scores

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

Liabilities / Assets

66th percentile

0.46x

Higher debt load relative to assets than 66% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

68th percentile

0.73x

Higher debt load relative to revenue than 68% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Net Margin

53rd percentile

5.1%

Higher net margin than 53% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

56th percentile

$386,951

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Asset Growth

61st percentile

5.2%

Faster asset growth than 61% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

57th percentile

7.2%

Faster revenue growth than 57% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Assets

Up

$73,022,421

Up $3,629,105 (+5.2%) from 2017

Net Assets

Up

$39,399,015

Up $2,276,218 (+6.1%) from 2017

Liabilities

Up

$33,623,406

Up $1,352,887 (+4.2%) from 2017

Revenue

Up

$46,020,616

Up $3,096,115 (+7.2%) from 2017

Expenses

Up

$43,673,894

Up $2,372,020 (+5.7%) from 2017

Net Income

Up

$2,346,722

Up $724,095 (+45%) from 2017

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2010: $48,510,080Liabilities 2010: $19,014,897Net Assets 2010: $29,495,1832010Assets 2011: $58,146,054Liabilities 2011: $28,196,388Net Assets 2011: $29,949,6662011Assets 2012: $59,914,362Liabilities 2012: $28,770,991Net Assets 2012: $31,143,3712012Assets 2013: $54,110,574Liabilities 2013: $21,011,501Net Assets 2013: $33,099,0732013Assets 2014: $55,086,826Liabilities 2014: $21,468,431Net Assets 2014: $33,618,3952014Assets 2015: $56,937,070Liabilities 2015: $23,080,451Net Assets 2015: $33,856,6192015Assets 2016: $64,284,128Liabilities 2016: $28,790,700Net Assets 2016: $35,493,4282016Assets 2017: $69,393,316Liabilities 2017: $32,270,519Net Assets 2017: $37,122,7972017Assets 2018: $73,022,421Liabilities 2018: $33,623,406Net Assets 2018: $39,399,0152018Assets 2019: $136,376,828Liabilities 2019: $95,321,654Net Assets 2019: $41,055,1742019Assets 2020: $138,045,641Liabilities 2020: $99,702,388Net Assets 2020: $38,343,2532020Assets 2021: $158,635,208Liabilities 2021: $114,954,364Net Assets 2021: $43,680,8442021Assets 2022: $161,980,538Liabilities 2022: $116,127,773Net Assets 2022: $45,852,7652022Assets 2023: $147,657,024Liabilities 2023: $97,439,945Net Assets 2023: $50,217,0792023Assets 2024: $134,449,166Liabilities 2024: $75,942,329Net Assets 2024: $58,506,8372024

Highlighted filing

2018

Assets$73,022,421
Liabilities$33,623,406
Net Assets$39,399,015

Operations Trend

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

$200M$150M$100M$50M$0-$50MExpenses 2010: $26,390,9242010Expenses 2011: $39,835,3312011Expenses 2012: $41,609,5562012Expenses 2013: $40,970,5472013Revenue 2014: $41,856,799Expenses 2014: $41,337,477Net Income 2014: $519,3222014Revenue 2015: $41,004,945Expenses 2015: $40,766,721Net Income 2015: $238,2242015Revenue 2016: $43,111,985Expenses 2016: $41,475,176Net Income 2016: $1,636,8092016Revenue 2017: $42,924,501Expenses 2017: $41,301,874Net Income 2017: $1,622,6272017Revenue 2018: $46,020,616Expenses 2018: $43,673,894Net Income 2018: $2,346,7222018Revenue 2019: $59,480,923Expenses 2019: $57,961,430Net Income 2019: $1,519,4932019Revenue 2020: $61,472,145Expenses 2020: $64,246,779Net Income 2020: -$2,774,6342020Revenue 2021: $95,451,675Expenses 2021: $89,998,974Net Income 2021: $5,452,7012021Revenue 2022: $136,073,148Expenses 2022: $133,542,829Net Income 2022: $2,530,3192022Revenue 2023: $164,605,242Expenses 2023: $160,558,751Net Income 2023: $4,046,4912023Revenue 2024: $101,579,850Expenses 2024: $93,717,655Net Income 2024: $7,862,1952024

Highlighted filing

2018

Revenue$46,020,616
Expenses$43,673,894
Net Income$2,346,722
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 13, 2019
Return Version
2017v2.3
Gross Receipts
$46,033,880
Mission and Program Overview

Mission

Meca's mission is to relieve the burdens of government through management and operation of government owned convention, sports and entertainment facilities located in omaha, nebraska. Meca manages and operates chi health center center omaha (formerly centurylink center omaha) and td ameritrade park omaha.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$20,321,321$34,068,164▲ $13,746,843
Rtn Earn Endowment Incm Other Fnds$11,328,921$20,699,793▲ $9,370,872
Land, Buildings, and Equipment, Net$19,741,827$18,699,222▼ $1,042,605
Pd in Cap Srpls Land Bldg Eqp Fund$19,165,881$18,699,222▼ $466,659
Accounts Receivable$8,653,157$8,973,767▲ $320,610
Savings and Temporary Cash Investments$18,800,249$7,341,298▼ $11,458,951
Cap Stk Tr Prin Current Funds$6,627,995--
Cash and Non-Interest-Bearing Accounts$271,041$2,600,851▲ $2,329,810
Prepaid Expenses and Deferred Charges$1,599,860$1,333,258▼ $266,602
Total Assets$69,393,316$73,022,421▲ $3,629,105
Other Assets Total$5,861$5,861→ $0
Liabilities
Accounts Payable and Accrued Expenses$13,765,745$18,556,187▲ $4,790,442
Other Liabilities$14,097,868$10,690,830▼ $3,407,038
Deferred Revenue$3,830,960$4,376,389▲ $545,429
Unsecured Notes Loans Payable$575,946--
Total Liabilities$32,270,519$33,623,406▲ $1,352,887
Net Assets / Fund Balance
Total Net Assets Fund Balance$37,122,797$39,399,015▲ $2,276,218
Total Liabilities and Net Assets / Fund Balance$69,393,316$73,022,421▲ $3,629,105

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$12,917,741$7,954,833$20,872,574
Equipment$5,276,191$8,898,928$14,175,119
Buildings$111,997$9,967,199$10,079,196
Other Land Buildings$393,293$1,607,643$2,000,936
Other Securities$990,781--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Roger DixonPresident/ceFT$351,339$35,612$386,951
Roger DixonPresident/CEO-$228,231$158,720$386,951
TOM O'GORMANVP CorporateFT$218,370$28,365$246,735
TOM O'GORMANVP Corporate Sales &-$96,463$149,319$246,735
Kevin RaymondVP OperationFT$152,895$29,822$182,717
Kevin RaymondVP Operations & It-$128,965$47,999$182,717
Deann OlsenCFOFT$141,264$27,235$161,793
Jeffery OkrinaSales & MarkFT$127,887$12,525$140,412
Claire AltVP Human ResFT$104,629$19,832$124,461

Board Members and Trustees

NameTitle
Diane DurenChairwoman
Jay NoddleVice Chairma
Tom KelleyBoard Member
David JacobsonFormer Board
Robert FreemanAssistant Se
Susie BuffettSecretary
Dana WashingtonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Levy Premium Food Services LPFood Service7994 COLLECTIONS CENTER DRIVE, Chicago, IL 60693$6,986,686
Stagepay Services INCCard Services5418 S 27TH ST, Omaha, NE 68107$1,445,261
Midwest Maintenance CompanyJanitorialPO BOX 30093, Omaha, NE 68103$1,302,193
Doll Construction LLCConstruction4343 S 67TH ST, Omaha, NE 68117$1,299,267
J & S Audio Visual INCAudio & Visual3373 TOWERWOOD, Dallas, TX 75234$1,188,913
Revenue and Support

Revenue Composition

Contributions and Grants
$6,956,532
Program Service Revenue
$38,572,213
Investment Income
$491,871
Other Revenue
$0
All Other Contributions
$6,956,532
Change in Net Assets
$2,346,722

Audited Revenue Reconciliation

Revenue per Audited Statements
$46,020,616
Revenue Not Reported on Form 990
$-70,504
Total Revenue per Audited Statements
$45,950,112
Total Revenue per Form 990
$46,020,616
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$35,529,238
Salaries, Compensation, and Employee Benefits$8,144,656
Total Fundraising Expense$879,927
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$9,957,559-$11,652$9,969,211
Other Salaries and Wages$3,465,491$2,466,651$464,493$6,396,635
Depreciation Depletion$3,402,872--$3,402,872
Other Expenses$2,122,980--$2,122,980
Other Employee Benefits$371,870$188,676$49,843$610,389
Fees for Services Other-$345,551$253,874$599,425
Current Officers, Directors, Trustees, and Key Employees-$548,744-$548,744
Payroll Taxes$262,370$197,427$29,430$489,227
Insurance$236,545$18,328$4,842$259,715
Information Technology$142,010$68,983$2,011$213,004
Fees for Services Legal$1,726$169,893-$171,619
Office Expenses$4,922$150,388$7,087$162,397
Advertising-$116,229$43,493$159,722
Interest$149,054--$149,054
Pension Plan Contributions$60,717$30,806$8,138$99,661
Fees for Services Lobbying$48,000--$48,000
Travel$2,605$39,731$3,550$45,886
Fees for Services Accounting-$40,460-$40,460
Conferences and Meetings-$38,023$1,514$39,537
Total Functional Expenses$38,374,077$4,419,890$879,927$43,673,894

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$43,673,894
Total Expenses per Audited Statements$43,673,894
Total Expenses per Form 990$43,673,894
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Substantial ContributorSubstantial ConLegal ServicesNo$119,081
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Advanced Ticket Sales$6,511,124
Reserve Funds$3,867,645
Deposits$250,000
Deferred Compensation$62,061
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 family members
No
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
Yes
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, Page 6, Part VI, Line 11B

Meca provides each director a copy of the then-current instructions to form 990 on an annual basis. Prior to filing a final form 990 with the irs, meca provides each director with a draft of the form 990. Meca responds to any questions, suggestions, and recommendations of the directors and makes any subsequent required changes.

Form 990, Page 6, Part VI, Line 12C

Meca provides each director a copy of the conflict of interest policy on an annual basis. Each director signs a certificate of compliance acknowledging that they have received and read the policy and that they are in compliance with the policy. In addition each director is required to disclose annually those relationships that are required to be reported on schedule l of the form 990.

Form 990, Page 6, Part VI, Line 15A

The board of directors has appointed two members to the internal governance committee. That committee reviews and approves all compensation. Compensation is approved using data as to comparable compensation for similarly qualified persons in functionally comparable positions. Such review, including deliberations and decisions regarding compensation, are documented.

Form 990, Page 6, Part VI, Line 15B

The board of directors has appointed two members to the compensation committee. That committee reviews and approves all compensation. Compensation is approved using data as to comparable positions. Such review, including deliberations and decisions regarding compensation, is documented.

Form 990, Page 6, Part VI, Line 19

The organizations governing documents, conflict of interest policy, and financial statements are not made available to the public if they include prioprietary information.

Filing and Contact Details

Filer

Filer Name
Metropolitan Entertainment &
EIN
91-1846837
Phone
4023411500
Address
455 N 10TH STREET, OMAHA, NE 68102

Signing Officer

Name
Roger Dixon
Title
President/CEO
Phone
4025996991
Signed
2019-05-13

Organization Details

Principal Officer
Roger Dixon
Formed
1997
Legal Domicile
Ne
Voting Board Members
5
Independent Board Members
5
Employees
728

Preparer

Firm
Bland & Associates Pc
Address
450 REGENCY PKWY STE 340, OMAHA, NE 68114
Preparer
Nicole Snow
Phone
4023978822
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Meca's mission is to relieve the burdens of government through management and operation of government owned convention, sports and entertainment facilities located in omaha, nebraska. Meca manages and operates chi health center center omaha (formerly centurylink center omaha) and td ameritrade park omaha.

Form 990, Part III

Line 4a: additional information total attendance at the arena and convention center held steady from the prior year, welcoming approximately one million visitors. An array of performing artists made tour stops at chi health center omaha (chihco) this past year, including paul mccartney, coldplay, lady gaga, ed sheeran, tim mcgraw and faith hill, chris stapleton, thomas rhett, kid rock, and imagine dragons. The event staff's dedication was most apparent this past may, with three consecutive nights of sell out shows (kevin hart, shania twain and u2). Staff members operated on few hours rest and helped to ensure each event was a success. Chihco attendees continue to turn out in big numbers for arena athletic events. Creighton basketball is ranked in the top five for average game attendance in their 2017 season for division i men's basketball, per data released by the ncaa. Creighton has consistently led its conference with total game attendance in each of its past 14 seasons. Creighton women's volleyball can also draw record crowds. Their game versus nebraska welcomed 14,022 people - the largest "volleyball only" turnout in ncaa volleyball regular season history. In early 2018, omaha was one of four sites selected to host the ncaa sweet 16 men's basketball tournaments, along with los angeles, atlanta and boston. Tickets at chihco were among the most coveted with all sessions selling out quickly. After three exciting games, it was ultimately kansas who punched its ticket to the final four eliminating clemson, duke and syracuse. The convention center staff at chihco continues to provide excellent guest services, with repeat business making up 66% of our clientele in fiscal 2017-2018. This included the return of nine citywide groups - which is defined as a meeting with over 1,500 hotel room nights. The meeting groups at chihco used over 82,000 room nights, driving a significant economic benefit for the city of omaha. The overall convention business continues to yield strong and solid results, with average spending per meeting exceeding the prior year. Along with serving as the home field for creighton baseball (which played 21 games here in 2018), this past season td ameritrade park omaha (tdapo) hosted the big 10 baseball tournament and will continue to do so through 2022. This was also the 8th ncaa men's college world series (cws) at tdapo. The cws once again welcomed thousands of fans from across the country where oregon state clinched the 2018 championship title, their third in program history. Fiscal 2018-2019 will continue building on momentum set in the prior fiscal year, with the arena hosting tours such as luke bryan, justin timberlake, elton john, eric church, travis scott, dierks bentley, pink, luke combs and cher. The spectacle of cirque du soleil and disney on ice will also return to chihco this fiscal year. Other events included terence crawford's welterweight title match against an undefeated contender, jose benavidez jr. After 12 rounds crawford emerged victorious in front of his hometown crowd, beating his prior attendance record in nebraska by 10%. World wrestling entertainment (wwe) and harlem globetrotters will also draw diverse and exciting crowds in fiscal 2018-2019. Additionally, chihco welcomed the return of a rodeo and the aksarben ball this fiscal year. Looking even further into the future, chihco has won the opportunity to host several marquee events. The first and second rounds of the ncaa men's basketball tournament will return to the arena in march 2020, then just months later the u.s. Olympic team trials for swimming will occur the following june. This will be the fourth consecutive time that the swim trials will be held in omaha. Additionally, chihco will once again host the ncaa division i women's volleyball championship in december 2020, the fourth time that omaha has hosted the tournament. The convention center continues to successfully maximize its space, with 141 events and 249 event days planned

Form 990, Part IX, Line 24E

Ticket expense 2,075,075 0 0 building services 1,422,124 0 0 reserve funding 1,414,962 0 0 audio visual 1,098,935 0 0 parking 1,040,670 0 0 operating supplies 664,079 0 0 miscellaneous 611,873 0 11,652 equipment rental 612,423 0 0 facility fees 515,687 0 0 credit card fees 348,761 0 0 seating fees 146,400 0 0 other loss 6,570 0 0 total 9,957,559 0 11,652

Form 990, Page 12, Part XII, Line 2C

Neither the oversight process of the audit nor the selection process of the auditor has changed during the year.

Financial Statement Notes

Schedule D, Page 3, Part X

Meca is a tax exempt 501(c)(3) nonprofit corporation. In april 2006, meca received a favorable ruling from the internal revenue service (irs) in response to a private letter ruling request in july 2003. The ruling found that meca is lessening the burdens of the city of omaha by managing the operations of the chi health center omaha. As a result of this finding, the irs determined that the revenues derived from the facilitys operations are not subject to unrelated business income tax. Meca also operates in accordance with the findings of this ruling as it pertains to the operations of td ameritrade park omaha. Meca files form 990, return of organization exempt from income tax, in the u.s. Federal and state jurisdictions. As of june 30, 2018 and 2017, meca has no uncertain tax positions that qualify for disclosure in the financial statements.

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IRS990/MissionDesc0MECA'S MISSION IS TO RELIEVE THE BURDENS OF GOVERNMENT THROUGH MANAGEMENT AND OPERATION OF GOVERNMENT OWNED CONVENTION, SPORTS AND ENTERTAINMENT FACILITIES LOCATED IN OMAHA, NEBRASKA. MECA MANAGES AND OPERATES CHI HEALTH CENTER CENTER OMAHA (FORMERLY CENTURYLINK CENTER OMAHA) AND TD AMERITRADE PARK OMAHA.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$134$75.9$58.5$102$93.7$7.86
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$148$97.4$50.2$165$161$4.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$162$116$45.9$136$134$2.53
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$159$115$43.7$95.5$90.0$5.45
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$138$99.7$38.3$61.5$64.2$2.77
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$136$95.3$41.1$59.5$58.0$1.52
2018Detailed filing. Detailed filing data is available for this year.$73.0$33.6$39.4$46.0$43.7$2.35
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$69.4$32.3$37.1$42.9$41.3$1.62
2016Detailed filing. Detailed filing data is available for this year.$64.3$28.8$35.5$43.1$41.5$1.64
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$56.9$23.1$33.9$41.0$40.8$0.24
2014Detailed filing. Detailed filing data is available for this year.$55.1$21.5$33.6$41.9$41.3$0.52
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.1$21.0$33.1$41.0
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$59.9$28.8$31.1$41.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.1$28.2$29.9$39.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.5$19.0$29.5$26.4