OMAHA DISCOVERY TRUST (EIN 320596113) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

MATHEW SINCLAIR

Phone

4025023366

Tax Period

2024-01-01 to 2024-12-31

OMAHA DISCOVERY TRUST, founded in 2019, is a community nonprofit in the Education sector that reported $9.5M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $13.2M exceeded revenue, resulting in a 39% operating deficit.

Mission

THE LUMINARIUM OPENED IN APRIL 2023 WITH MORE THAN 125 INTERACTIVE EXHIBITS AND A KALEIDOSCOPE OF ENGAGING PROGRAMS FOCUSED ON SCIENCE, ART, AND HUMAN PERCEPTION. THE LUMINARIUM IS AN INNOVATIVE COMMUNITY SPACE AND LEARNING ENVIRONMENT THAT IS PART WORKSHOP, PART MUSEUM WHERE PEOPLE OF ALL AGES, IDENTITIES, AND BACKGROUNDS CAN EXPLORE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,880,345

Program Service Revenue $2,989,992

Investment Income $94,497

Other Revenue $537,260

TOTAL REVENUE $9,502,094

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,414,533

Fundraising Expenses $511,521

Program Expenses $9,530,203

Other Expenses $7,761,914

TOTAL EXPENSES $13,176,447

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,502,094	$8,729,804	+0.1%
Expenses	$13,176,447	$12,403,467	+0.1%
Net Income	$-3,674,353	$-3,673,663	+0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

138

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$613,516

Total Directors

Key Employees

$751,935

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNE M HUBBARD	DIRECTOR	2.00	Director	$0	$0	$0
BRANDON HAMM	DIRECTOR AND SECRETARY	2.00	Officer Director	$0	$0	$0
HALLEY KRUSE	DIRECTOR	2.00	Director	$0	$0	$0
CONSTANCE RYAN	DIRECTOR	2.00	Director	$0	$0	$0
JANE MILLER	DIRECTOR	2.00	Director	$0	$0	$0
LANCE C PEREZ	DIRECTOR	2.00	Director	$0	$0	$0
LANCE FRITZ	DIRECTOR AND TREASURER	2.00	Officer Director	$0	$0	$0
TRENT DEMULLING	CHAIRMAN & DIRECTOR	5.00	Officer Director	$0	$0	$0
JANNETTE TAYLOR	DIRECTOR	2.00	Director	$0	$0	$0
SARAH YALE	DIRECTOR	2.00	Director	$0	$0	$0
LINDA BRANDL	INTERIM EXECUTIVE DIRECTOR (AS OF JULY 2024)	40.00	Officer Director	$0	$0	$0
SILVA RAKER	EXECUTIVE DIRECTOR (THRU JULY 2024)	40.00	Officer	$597,740	$15,776	$613,516
MATHEW SINCLAIR	CEO (CURRENT AS OF 2/18/25)	40.00	Officer	$0	$0	$0
SIRISHA SUALY	VP OF PARTNERSHIPS	40.00	Key Emp	$177,194	$11,516	$188,710
JULIE DEWITT	VP OF MARKETING & COMMUNICATION	40.00	Key Emp	$168,195	$10,931	$179,126
SHAUN ILAHI	VP OF FINANCE & OPERATIONS (THRU NOVEMBER 2024)	40.00	Key Emp	$180,108	$11,705	$191,813
EMILY MWAJA	VP OF EXPERIENCE (THRU NOVEMBER 2024)	40.00	Key Emp	$180,552	$11,734	$192,286
CHRISTOPHER STRATMAN	EMPLOYEE	40.00	Highest	$103,746	$6,742	$110,488

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$9,502,094	$13,176,447	$89,925,304	$-3,674,353
2023	$8,729,804	$12,403,467	$94,117,175	$-3,673,663
2022	$4,775,711	$3,498,150	$99,177,508	$1,277,561
2021	$35,514,781	$1,830,179	$107,378,585	$33,684,602
2020	$64,651,062	$3,263,563	$63,083,214	$61,387,499

OMAHA DISCOVERY TRUST