Totals
- Total revenue
- $4,775,711
- Total expenses
- $3,498,150
- Contributions and grants received
- $4,619,034
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $156,677
- Other revenue
- $0
- Total assets, end of year
- $99,177,508
- Total liabilities, end of year
- $2,825,639
- Net assets or fund balances, end of year
- $96,351,869
- Program services expenses (Part IX)
- $2,741,734
- Management and general expenses
- $642,343
- Fundraising expenses
- $114,073
- Program service expenses (Part III)
- $2,741,734
Program services were 78.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$4,619,034
-
1g · Noncash contributions included above
$248,298
-
3 · Investment income
total $126,320 · excluded $126,320
-
7a · Gross sales of assets other than inventory
securities $6,702,128
-
7b · Less cost or other basis and sales expenses
securities $6,671,771
-
7c · Gain or loss
securities $30,357
-
7d · Net gain or loss
total $30,357 · excluded $30,357
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $317,510 · program services $317,510
-
7 · Other salaries and wages
total $951,059 · program services $951,059
-
11a · Fees: management
total $350,000 · program services $350,000
-
11b · Fees: legal
total $3,168 · management and general $3,168
-
11c · Fees: accounting
total $18,192 · management and general $18,192
-
11g · Fees: other
total $1,340,540 · program services $998,661 · management and general $341,879
-
12 · Advertising and promotion
total $157,638 · management and general $157,638
-
13 · Office expenses
total $33,262 · program services $18,730 · management and general $14,532
-
14 · Information technology
total $41,123 · management and general $41,123
-
16 · Occupancy
total $38,639 · program services $28,979 · management and general $9,660
-
17 · Travel
total $71,575 · program services $10,736 · fundraising $60,839
-
19 · Conferences, conventions and meetings
total $23,368 · program services $23,368
-
22 · Depreciation, depletion and amortization
total $9,083 · program services $9,083
-
23 · Insurance
total $19,722 · management and general $19,722
-
24a · Other expenses: MISCELLANEOUS EXPENSES
total $72,921 · program services $33,608 · management and general $36,429 · fundraising $2,884
-
24b · Other expenses: EVENTS
total $50,350 · fundraising $50,350
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $43,067 · end of year $1,096,509
-
2 · Savings and temporary cash investments
beginning of year $12,505,117 · end of year $6,074,971
-
3 · Pledges and grants receivable
beginning of year $52,889,370 · end of year $24,723,432
-
9 · Prepaid expenses and deferred charges
beginning of year $13,129 · end of year $63,148
-
10a · Land, buildings and equipment: cost or other basis
$1,580,916
-
10b · Land, buildings and equipment: accumulated depreciation
$9,083
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $1,571,833
-
15 · Other assets
beginning of year $41,927,902 · end of year $65,647,615
-
17 · Accounts payable and accrued expenses
beginning of year $12,304,277 · end of year $2,825,639
-
27 · Net assets without donor restrictions
beginning of year $53,141,895 · end of year $67,622,018
-
28 · Net assets with donor restrictions
beginning of year $41,932,413 · end of year $28,729,851
Mission and programs · 2022
Mission
OMAHA DISCOVERY TRUST WAS CREATED TO ESTABLISH A SCIENCE CENTER IN DOWNTOWN OMAHA WITH AN EMPHASIS ON ENGINEERING AND MATHEMATICS. THE NAME OF THE SCIENCE CENTER IS THE KIEWIT LUMINARIUM AND IT WILL BE A PLACE TO EXPLORE ASTONISHING PHENOMENA WITH HANDS-ON LEARNING EXPERIENCES, NUTURING CREATIVITY AND INNOVATION FOR PEOPLE OF ALL AGES. THE KIEWIT LUMINARIUM IS CURRENTLY UNDER CONSTRUCTION WITH PLANS TO OPEN IN EARLY 2023 ON LEWIS & CLARK LANDING AT THE RIVERFRONT IN OMAHA, NEBRASKA.
Activities or mission (Part I)
THE MISSION OF THE ORGANIZATION IS TO ESTABLISH A SCIENCE CENTER IN DOWNTOWN OMAHA WITH AN EMPHASIS ON ENGINEERING AND MATHEMATICS.
-
AS DISCLOSED ABOVE, THE MISSION OF THE ORGANIZATION IS TO CREATE THE KIEWIT LUMINARIUM, A STATE OF THE ART SCIENCE CENTER IN DOWNTOWN OMAHA, NEBRASKA. THE LUMINARIUM IS PRIVATELY FUNDED, WITH THE MAJORITY OF THE FUNDS EXPENDED ON DESIGN AND CONSTRUCTION OF THE FACILITY WHICH IS REFLECTED ON THE BALANCE SHEET AS CONSTRUCTION IN PROCESS. IN ADDITION TO DESIGN AND CONSTRUCTION, THE ORGANIZATION INCURS CERTAIN EXPENSES IN ORDER TO FACILITATE THIS PROJECT INCLUDING OPERATIONAL CONSULTING FEES TO THE EXPLORATORIUM MUSEUM IN SAN FRANCISCO, CALIFORNIA AND PROJECT MANAGEMENT FEES TO HERITAGE SERVICE, A 501(C(3) ORGANIZATION WHICH PROVIDES FUNDRAISING AND PROJECT MANAGEMENT SERVICES TO OTHER NONPROFIT ENTITIES.
Expenses $2,741,734
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
ANNE M HUBBARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
BRANDON HAMM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
CHERYL LOGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
CONSTANCE RYAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
JANE MILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
LANCE C PEREZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
LANCE FRITZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
RACHEL JACOBSON
PRESIDENT
- Total calculated
- $0
- Hours/week
- 25
-
TRENT DEMULLING
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
JENNIFER CALLAHAN
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
DANIEL J WATERS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
SILVA RAKER
CHIEF EXECUTIVE OFFICER
- Total calculated
- $344,510
- From this org
- $317,510
- From related orgs
- $0
- Other
- $27,000
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $317,510
- Bonus
- $0
- Other
- $0
- Deferred
- $27,000
- Nontaxable benefits
- $0
- Filer's total
- $344,510
-
SIRISHA SUALY
VICE PRESIDENT, PARTNERSHIPS
- Total calculated
- $162,212
- From this org
- $162,212
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,212
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $162,212
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 20 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202341799349301754
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