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Nonprofiteer
← OPENSKY POLICY INSTITUTE

Form 990 for tax year 2023

Filed by OPENSKY POLICY INSTITUTE.

Totals

Total revenue
$1,601,126
Total expenses
$1,286,404
Contributions and grants received
$1,535,791
Grants paid
$50,000
Program service revenue
$0
Investment income
$63,008
Other revenue
$2,327
Total assets, end of year
$2,343,951
Total liabilities, end of year
$45,494
Net assets or fund balances, end of year
$2,298,457
Program services expenses (Part IX)
$1,024,484
Management and general expenses
$165,887
Fundraising expenses
$96,033
Program service expenses (Part III)
$1,024,484

Program services were 79.6% 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

    $1,535,791

  • 1g · Noncash contributions included above

    $296,607

  • 3 · Investment income

    total $41,401 · excluded $41,401

  • 7a · Gross sales of assets other than inventory

    securities $296,607

  • 7b · Less cost or other basis and sales expenses

    securities $275,000

  • 7c · Gain or loss

    securities $21,607

  • 7d · Net gain or loss

    total $21,607 · excluded $21,607

  • 11a · Other revenue: MISCELLANEOUS

    total $2,327 · related or exempt $2,327

  • 11e · Other revenue, total

    $2,327

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $50,000 · program services $50,000

  • 5 · Compensation of officers, directors and key employees

    total $159,780 · program services $111,846 · management and general $23,967 · fundraising $23,967

  • 7 · Other salaries and wages

    total $621,096 · program services $499,734 · management and general $72,730 · fundraising $48,632

  • 8 · Pension plan contributions

    total $43,760 · program services $35,210 · management and general $5,124 · fundraising $3,426

  • 9 · Other employee benefits

    total $58,268 · program services $46,883 · management and general $6,823 · fundraising $4,562

  • 10 · Payroll taxes

    total $59,257 · program services $47,678 · management and general $6,939 · fundraising $4,640

  • 11b · Fees: legal

    total $2,420 · management and general $2,420

  • 11c · Fees: accounting

    total $30,480 · management and general $30,480

  • 11d · Fees: lobbying

    total $1,549 · program services $1,549

  • 11g · Fees: other

    total $121,783 · program services $120,541 · management and general $1,242

  • 12 · Advertising and promotion

    total $56,165 · program services $45,190 · management and general $6,577 · fundraising $4,398

  • 13 · Office expenses

    total $21,947 · program services $17,659 · management and general $2,570 · fundraising $1,718

  • 14 · Information technology

    total $475 · program services $382 · management and general $56 · fundraising $37

  • 16 · Occupancy

    total $24,097 · program services $19,388 · management and general $2,822 · fundraising $1,887

  • 17 · Travel

    total $7,880 · program services $6,340 · management and general $923 · fundraising $617

  • 19 · Conferences, conventions and meetings

    total $20,895 · program services $16,812 · management and general $2,447 · fundraising $1,636

  • 22 · Depreciation, depletion and amortization

    total $1,018 · program services $819 · management and general $119 · fundraising $80

  • 23 · Insurance

    total $3,501 · program services $2,817 · management and general $410 · fundraising $274

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $1,673 · program services $1,346 · management and general $196 · fundraising $131

  • 24b · Other expenses: OTHER FEES

    total $360 · program services $290 · management and general $42 · fundraising $28

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $309,911 · end of year $50,174

  • 2 · Savings and temporary cash investments

    beginning of year $1,208,401 · end of year $1,535,818

  • 3 · Pledges and grants receivable

    beginning of year $470,000 · end of year $725,192

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,726 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $11,617

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,866

  • 10c · Land, buildings and equipment, net

    beginning of year $1,808 · end of year $1,751

  • 15 · Other assets

    beginning of year $47,645 · end of year $31,016

  • 17 · Accounts payable and accrued expenses

    beginning of year $7,410 · end of year $13,570

  • 25 · Other liabilities

    beginning of year $48,346 · end of year $31,924

  • 27 · Net assets without donor restrictions

    beginning of year $1,821,235 · end of year $1,391,265

  • 28 · Net assets with donor restrictions

    beginning of year $162,500 · end of year $907,192

Mission and programs · 2023

Mission

TO IMPROVE OPPORTUNITIES FOR EVERY NEBRASKAN BY PROVIDING IMPARTIAL AND PRECISE RESEARCH, ANALYSIS, EDUCATION AND LEADERSHIP.

  • EXPENSES IN RELATION TO THE ORGANIZATION'S MISSION.

    Expenses $1,024,484 · Grants $50,000 · Revenue $2,327

As filed on the 2023 return.

Listed in Part VII

  • Claude Berreckman Jr

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Rosemary Ohles

    PRESIDENT ELECT

    Total calculated
    $0
    Hours/week
    1

  • Eric Reznicek

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Chris Rodgers

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Dr Lissette Aliaga-Linares

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jerry Bexten

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kathy Campbell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tammy Day

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dr Jamar Dorsey Sr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Miguel Estevez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Judy Pederson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jordan Colwell

    DIRECTOR AS OF 6/17/2023

    Total calculated
    $0
    Hours/week
    1

  • Curt Friesen

    DIRECTOR AS OF 6/17/2023

    Total calculated
    $0
    Hours/week
    1

  • Rebecca Firestone

    EXECUTIVE DIRECTOR

    Total calculated
    $156,492
    From this org
    $144,900
    From related orgs
    $0
    Other
    $11,592
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,900
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $11,592
    Filer's total
    $156,492

  • Constance Knoche

    EDUCATION POLICY DIRECTOR

    Total calculated
    $132,864
    From this org
    $123,022
    From related orgs
    $0
    Other
    $9,842
    Hours/week
    40

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

  • 3 · Approval by the board or compensation committee

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

Provenance

Return type
form_990
Tax year
2023
Filed
29 October 2024
IRS schema version
2023v5.1
Source object
202433129349303913

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