Civic Intelligence

Metropolitan Entertainment & Convention Authority

990 • Fiscal year 2019 • EIN 91-1846837

Jul 01, 2018 to Jun 30, 2019 • Filed on Dec 23, 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

78th percentile

0.70x

Higher debt load relative to assets than 78% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Liabilities / Revenue

79th percentile

1.60x

Higher debt load relative to revenue than 79% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Net Margin

45th percentile

2.6%

Higher net margin than 45% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Top Officer Pay

53rd percentile

$496,744

Higher top officer pay than 53% of similar nonprofits.

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

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Asset Growth

98th percentile

87%

Faster asset growth than 98% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Revenue Growth

88th percentile

29%

Faster revenue growth than 88% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Assets

Up

$136,376,828

Up $63,354,407 (+87%) from 2018

Net Assets

Up

$41,055,174

Up $1,656,159 (+4.2%) from 2018

Liabilities

Up

$95,321,654

Up $61,698,248 (+183%) from 2018

Revenue

Up

$59,480,923

Up $13,460,307 (+29%) from 2018

Expenses

Up

$57,961,430

Up $14,287,536 (+33%) from 2018

Net Income

Down

$1,519,493

Down $827,229 (-35%) from 2018

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

2019

Assets$136,376,828
Liabilities$95,321,654
Net Assets$41,055,174

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

2019

Revenue$59,480,923
Expenses$57,961,430
Net Income$1,519,493
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Dec 23, 2019
Return Version
2018v3.2
Gross Receipts
$59,480,923
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$34,068,164$47,792,887▲ $13,724,723
Cash and Non-Interest-Bearing Accounts$2,600,851$44,760,249▲ $42,159,398
Rtn Earn Endowment Incm Other Fnds$20,699,793$23,787,439▲ $3,087,646
Land, Buildings, and Equipment, Net$18,699,222$17,267,735▼ $1,431,487
Pd in Cap Srpls Land Bldg Eqp Fund$18,699,222$17,267,735▼ $1,431,487
Savings and Temporary Cash Investments$7,341,298$15,342,087▲ $8,000,789
Accounts Receivable$8,973,767$10,046,431▲ $1,072,664
Prepaid Expenses and Deferred Charges$1,333,258$1,161,578▼ $171,680
Total Assets$73,022,421$136,376,828▲ $63,354,407
Other Assets Total$5,861$5,861→ $0
Liabilities
Other Liabilities$10,690,830$64,335,273▲ $53,644,443
Accounts Payable and Accrued Expenses$18,556,187$26,380,676▲ $7,824,489
Deferred Revenue$4,376,389$4,605,705▲ $229,316
Total Liabilities$33,623,406$95,321,654▲ $61,698,248
Net Assets / Fund Balance
Total Net Assets Fund Balance$39,399,015$41,055,174▲ $1,656,159
Total Liabilities and Net Assets / Fund Balance$73,022,421$136,376,828▲ $63,354,407

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$12,538,877$9,581,315$22,120,192
Equipment$4,515,307$9,898,108$14,413,415
Buildings-$10,079,196$10,079,196
Other Land Buildings$213,551$1,607,643$1,821,194
Other Securities$9,862,320--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Roger DixonPresident/ceFT$463,487$33,257$496,744
Roger DixonPresident/CEO-$259,218$237,526$496,744
TOM O'GORMANVP CorporateFT$261,197$33,814$295,011
TOM O'GORMANVP Corporate Sales &-$96,116$198,895$295,011
Kevin RaymondVP OperationFT$166,460$21,772$188,232
Kevin RaymondVP Operations & It-$139,410$48,822$188,232
Deann OlsenCFOFT$145,560$31,144$176,704
Jeffery OkrinaSales & MarkFT$129,254$12,565$141,819
Denise NiebruggeVP ConventioFT$106,734$32,748$139,482
Claire AltVP Human ResFT$111,937$20,481$132,418

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 Service980 NORTH MICHIGAN AVE, Chicago, IL 60611$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 & Visual9150 N ROYAL LN, Irving, TX 75063$1,188,913
Revenue and Support

Revenue Composition

Contributions and Grants
$4,713,299
Program Service Revenue
$40,168,680
Investment Income
$1,033,980
Other Revenue
$13,564,964
All Other Contributions
$4,713,299
Change in Net Assets
$1,519,493

Audited Revenue Reconciliation

Revenue per Audited Statements
$59,471,275
Revenue Not Reported on Financial Statements
$9,648
Revenue Not Reported on Form 990
$136,666
Other Revenue Adjustments
$9,648
Total Revenue per Audited Statements
$59,607,941
Total Revenue per Form 990
$59,480,923
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$49,525,483
Salaries, Compensation, and Employee Benefits$8,435,947
Total Fundraising Expense$731,443
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$14,521,783-$12,347$14,534,130
Other Salaries and Wages$3,404,238$2,708,372$345,145$6,457,755
Other Expenses$2,994,673--$2,994,673
Depreciation Depletion$2,924,280--$2,924,280
Fees for Services Other-$533,382$245,422$778,804
Other Employee Benefits$462,419$238,945$46,883$748,247
Current Officers, Directors, Trustees, and Key Employees-$634,597-$634,597
Payroll Taxes$261,219$210,762$22,625$494,606
Fees for Services Legal$2,719$384,609-$387,328
Insurance$276,697$24,152$4,739$305,588
Information Technology$168,206$81,806$2,284$252,296
Advertising-$164,083$37,728$201,811
Office Expenses$4,206$178,137$4,092$186,435
Pension Plan Contributions$62,259$32,171$6,312$100,742
Fees for Services Lobbying$48,000--$48,000
Travel$2,735$41,107$2,884$46,726
Fees for Services Accounting-$28,940-$28,940
Interest$27,232--$27,232
Conferences and Meetings-$24,815$982$25,797
Total Functional Expenses$51,944,109$5,285,878$731,443$57,961,430

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$57,961,430
Expenses per Audited Statements$57,951,782
Total Expenses per Audited Statements$57,951,782
Expenses Not Reported on Financial Statements$9,648
Other Expense Adjustments$9,648
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Project Advances$58,842,847
Reserve Funds$5,040,450
Deposits$250,000
Deferred Compensation$101,976
Advanced Ticket Sales$100,000
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
2019-12-23

Organization Details

Principal Officer
Roger Dixon
Formed
1997
Legal Domicile
Ne
Voting Board Members
5
Independent Board Members
5
Employees
840

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

As of the date of this filing, the current covid-19 pandemic government mandates and guidelines that prohibit large gatherings will have a significant, yet unknown impact to meca's financial statements that will be more thoroughly presented in next year's 990 return.

Form 990, Part III

Line 4a: additional information through meticulous maintenance and cutting-edge updates, meca continued to draw premier events and sizeable crowds to downtown omaha in 2019. Total attendance at the chi health center convention center and arena for the years ended june 30, 2019 and 2018 was approximately 850,000 and 930,000, respectively. While the number of concerts saw a slight decrease from the previous year, total event days for meetings, consumer shows and other events in the convention center remained consistent - drawing some exciting new clients and an impressive amount of repeat business. A star-studded lineup of renowned artists brought their tours to chi health center omaha (chihco) this past fiscal year; including eric church (for his sold-out, back-to-back tour opener), elton john, justin timberlake, pink, luke combs, cher, panic at the disco, travis scott, luke bryan, dierks bentley, hall & oats and train. An increased focus on family-friendly shows drew visitors of all ages to the arena in 2019, with the return of disney on ice and a multi-night event featuring the visually spectacular cirque du soleil show "crystal". The community continues to turn out in big numbers for athletic events, with creighton men's basketball once again ranking in the top ten for average game attendance in their 2018-2019 season, according to data released by the ncaa. Over its past 14 seasons, creighton has consistently led the big east conference in average game attendance. Creighton volleyball versus in-state rival university of nebraska also drew record- breaking crowds to chihco this year, welcoming 14,022 fans - the largest regular season attendance in ncaa division i volleyball history. Additionally, the local boxing fanbase continues to grow with hometown hero terence 'bud' crawford's welterweight title match beating his prior attendance record (in nebraska) by 10%. After 12 rounds, crawford emerged victorious by tko - delivering contender jose benavidez jr. His first career loss. The convention center is a reliable economic driver for the city of omaha - drawing 12 citywide groups (which is defined as meetings over 1,500 hotel room nights) to chihco for a total of 45,000 room nights in fiscal 2018- 2019. Hours of hard work and tireless service from staff members translated into a significant amount of repeat business, with 53% of the year's revenue attributed to returning clientele. This recurring business, along with a new, very large citywide conference (which alone generated 3,300 hotel room nights and significant amount of food and beverage sales) explains the convention center's overall success in 2019. The coming fiscal year also promises some exciting opportunities for chihco, bringing top acts such as chris stapleton, phil collins, jonas brothers, dan and shay, jason aldean, blake shelton, the lumineers, billie eilish and jeff dunham to our city. The first and second rounds of the ncaa men's basketball tournament has again selected chihco as their host site for march of 2020, and just three months later the building will fill with prospective olympians with the return of the u.s. Olympic team trials for swimming. This will be the fourth consecutive trials to be hosted in omaha, complete with 2-million gallons of water spread between indoor warm-up and competition pools. With 15 sessions and 8 event days, this event is the largest swimming competition in the nation. December 2020 will also bring the ncaa division i women's volleyball championship back to chihco for the fourth time. The convention center is rapidly booking up, with 18 citywide groups contracted for fiscal 2019-2020, contributing to 238 event days and over 85,000 room nights turning to td ameritrade park omaha (tdapo), home team creighton baseball hosted 16 games in 2019. The big ten tournament (which remains at tdapo through 2022) also saw an uptick in attendance, when the university of nebraska took on ohio state for the tournament title. Tdapo also hos

Form 990, Part IX, Line 24E

Ticket expense 1,963,685 0 0 reserve funding 1,927,560 0 0 contract labor 1,855,076 0 0 building services 1,720,913 0 0 audio visual 1,568,754 0 0 equipment rental 1,562,658 0 0 parking 993,591 0 0 other expenses 890,914 0 12,347 operating supplies 661,572 0 0 city expenses 474,517 0 0 facility fees 458,273 0 0 credit card fees 302,670 0 0 seating fees 141,600 0 0 total 14,521,783 0 12,347

Form 990, Part XI, Line 9

Riverfront expenses -9,648 riverfront expenses 9,648

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, 2019 and 2018, meca has no uncertain tax positions that qualify for disclosure in the financial statements.

Schedule D, Page 4, Part XI, Line 4B

Riverfront expenses 9,648

Schedule D, Page 4, Part XII, Line 4B

Riverfront expenses 9,648

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
2019Detailed filing. Detailed filing data is available for this year.$136$95.3$41.1$59.5$58.0$1.52
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $100M-$250M nonprofits