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Nonprofiteer
← BFF OMAHA INC

Form 990 for tax year 2023

Filed by BFF OMAHA INC.

Totals

Total revenue
$661,449
Total expenses
$426,181
Contributions and grants received
$589,830
Grants paid
$0
Program service revenue
$16,538
Investment income
$1,134
Other revenue
$53,947
Total assets, end of year
$538,970
Total liabilities, end of year
$65,767
Net assets or fund balances, end of year
$473,203
Program services expenses (Part IX)
$359,932
Management and general expenses
$37,613
Fundraising expenses
$28,636
Program service expenses (Part III)
$359,932

Program services were 84.5% 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.

  • 1b · Membership dues

    $7,432

  • 1c · Fundraising events

    $10,748

  • 1f · All other contributions, gifts and grants

    $571,650

  • 2a · Program service revenue: GALLERY AND ART SALES

    total $16,538 · related or exempt $16,538

  • 3 · Investment income

    total $1,134 · excluded $1,134

  • 6a · Gross rents

    real property $46,092

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $46,092

  • 6d · Net rental income or loss

    total $46,092 · related or exempt $46,092

  • 8a · Fundraising events: gross income

    $7,855

  • 8a · Fundraising events: contributions included on line 1c

    $10,748

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $7,855 · excluded $7,855

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $123,171 · program services $92,378 · management and general $24,634 · fundraising $6,159

  • 10 · Payroll taxes

    total $18,684 · program services $14,013 · management and general $3,737 · fundraising $934

  • 11g · Fees: other

    total $400 · fundraising $400

  • 12 · Advertising and promotion

    total $3,177 · program services $1,589 · fundraising $1,588

  • 14 · Information technology

    total $2,562 · program services $1,922 · management and general $512 · fundraising $128

  • 16 · Occupancy

    total $1,918 · program services $1,534 · management and general $384

  • 22 · Depreciation, depletion and amortization

    total $3,853 · program services $3,082 · management and general $771

  • 23 · Insurance

    total $1,716 · management and general $1,716

  • 24a · Other expenses: FIRST FRIDAY

    total $68,366 · program services $68,366

  • 24b · Other expenses: PETSHOP

    total $53,687 · program services $53,687

  • 24c · Other expenses: YOUGH EDUCATION AND PRO

    total $49,111 · program services $49,111

  • 24d · Other expenses: GREEN TEAM

    total $34,466 · program services $34,466

  • 24e · All other expenses

    total $65,070 · program services $39,784 · management and general $5,859 · fundraising $19,427

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $116,779 · end of year $182,361

  • 4 · Accounts receivable

    end of year $243,343

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

    $61,900

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

    $9,453

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $52,447

  • 15 · Other assets

    beginning of year $10,000 · end of year $60,819

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,204 · end of year $4,948

  • 25 · Other liabilities

    beginning of year $0 · end of year $60,819

  • 27 · Net assets without donor restrictions

    beginning of year $124,575 · end of year $279,860

  • 28 · Net assets with donor restrictions

    end of year $193,343

Mission and programs · 2023

Mission

BUILDING COMMUNITY THROUGH ARTS ENGAGEMENT.

Activities or mission (Part I)

BFF IS DEDICATED TO BUILDING COMMUNITY THROUGH ARTS ENGAGEMENT. WE PROVIDE A SOCIAL INFRASTRUCTURE THAT IS INTEGRAL TO THE COMMUNITY AND SUPPORTIVE OF LOCAL ARTISTS, BUSINESSES, RESIDENTS, AND ECONOMY THROUGH INTERACTIVE ART PROGRAMS.

  • A CULMINATION OF ALL PROGRAMMING, FIRST FRIDAY BRINGS BENSON BUSINESSES, ARTISTS, AND COMMUNITY MEMBERS TOGETHER OVER ARTS ENGAGEMENT ON THE FIRST FRIDAY OF EACH MONTH, YEAR-ROUND. FIRST FRIDAY ALSO ENCOMPASSES BFF'S ON-STREET ARTIST MARKETS, PROJECTIONS, YOUTH ENGAGEMENT, AND SPECIAL EVENTS SUCH AS THE NEW AMERICAN ARTS FESTIVAL (AUGUST.)

    Expenses $145,753 · Revenue $62,630

  • PETSHOP IS A SHARED CREATIVE SPACE IN BENSON, HOUSING AFFORDABLE ARTIST STUDIOS, COMMUNITY GALLERIES, EVENT SPACE, OFFICES, AND IS HOME TO BFF'S HEADQUARTERS.

    Expenses $77,790

  • BFF'S GREEN TEAM AIMS TO PROMOTE ENVIRONMENTALLY SUSTAINABLE PRACTICES THROUGH PROVIDING RESOURCES AND OPPORTUNITIES FOR THE COMMUNITY. CENTERED IN BENSON, THE PROGRAM CONSISTS OF NEIGHBORHOOD CLEANUPS,LANDSCAPING, COMMUNITY EVENTS, PUBLIC ART PROJECTS, EDUCATION, AND OTHER BEAUTIFICATION INITIATIVES

    Expenses $58,569

  • MAMO GALLERY (PRONOUNCED "MAY-MOH") IS A SEMI-TRAILER-TURNED-GALLERY THAT TRAVELS THROUGHOUT THE REGION MARCH-NOVEMBER, PARTNERING WITH VARIOUS COMMUNITIES AND ORGANIZATIONS, AND HOSTS INTERDISCIPLINARY PROGRAMMING, ARTIST RESIDENCIES, AND IMMERSIVE INSTALLATIONS.

    Expenses $39,163

  • BFF GALLERY IS A COLLABORATIVE OFFICE, STUDIO SPACE, AND GALLERY, REPRESENTING BFF OMAHA'S HEADQUARTERS AND OFFICIAL "FIRST STOP" DURING MONTHLY FIRST FRIDAY ART WALKS. THE GALLERY IS CURATED BY ANG BENNETT AND SEEKS COLLABORATIONS VIA SELECTED COMMUNITY PARTNERSHIPS AND ARTISTS THAT ADVOCATE FOR EDUCATION, INCLUSION, OPPORTUNITY, AND UNIQUE EXPERIENCES.

    Expenses $38,657

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ang Bennett

    VICE PRESIDENT

    Total calculated
    $1,890
    From this org
    $1,890
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Annie Butler

    ADVOCACY CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Erin Foley

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Linda Hilliar

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Makayla Harrie

    DEIA CHAIR

    Total calculated
    $5,034
    From this org
    $5,034
    From related orgs
    $0
    Other
    $0
    Hours/week
    1
  • Sarah Cavanagh

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Shelby Audiss

    EDUCATION CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Alex Jochim

    EXECUTIVE DIRECTOR

    Total calculated
    $55,000
    From this org
    $55,000
    From related orgs
    $0
    Other
    $0
    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202433199349305068

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