GALLERY 1516 OF REGIONAL ARTISTS INC

EIN: 454430783 501(c)(3) Arts, Culture & Humanities

Omaha, NE

Total Revenue
$486,061
Total Expenses
$365,650
Total Assets
$1,412,453
Net Assets
$1,410,176
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NE
Phone
4023051510
Tax Period
2025-01-01 to 2025-12-31

GALLERY 1516 OF REGIONAL ARTISTS INC, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $486K in total revenue in fiscal year 2025. The organization ran a surplus of $120K, a strong 25% operating margin.

Mission

A venue that promotes awareness for Nebraska and regional artists.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $433,453
Program Service Revenue $49,658
Investment Income $0
Other Revenue $2,950
TOTAL REVENUE $486,061

Expense Breakdown

Grants Paid $0
Salaries & Benefits $81,141
Fundraising Expenses $0
Program Expenses $203,221
Other Expenses $284,509
TOTAL EXPENSES $365,650

Year-over-Year Comparison

2025 2024 Change
Revenue $486,061 $480,407 +0.0%
Expenses $365,650 $456,808 -0.2%
Net Income $120,411 $23,599 +4.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
3
Volunteers
5

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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK DRICKEY DIRECTOR 20.00
Officer Director
$0 $0 $0
STEVE JOHNSON TREASURER 1.00
Officer Director
$0 $0 $0
STEVE MARTIN DEPUTY DIRECTOR 0.00
Director
$0 $0 $0
LARRY SOSSO DEPUTY DIRECTOR 0.00
Director
$0 $0 $0
ANN PAPE DEPUTY DIRECTOR 0.00
Director
$0 $0 $0
MERRILL PETERSON DEPUTY DIRECTOR 0.00
Director
$0 $0 $0
JEANNE SALERNO DEPUTY DIRECTOR 0.00
Director
$0 $0 $0
KIM WYLLIE SECRETARY 1.00
Officer Director
$0 $0 $0
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
2025 $486,061 $365,650 $1,412,453 $120,411
2024 $480,407 $456,808 $1,291,477 $23,599
2023 $419,955 $380,449 $1,274,635 $39,506
2022 $310,307 $418,291 $1,226,660 $-107,984
2021 $327,422 $302,003 $1,337,215 $25,419
2020 $399,083 $280,750 $1,310,466 $118,333
2019 $279,067 $277,712 $1,192,407 $1,355
2018 $235,500 $214,030 $1,190,062 $21,470
Explore More Nonprofits
Top 100 Nonprofits in Nebraska Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GALLERY 1516 OF REGIONAL ARTISTS INC with other nonprofits in Nebraska and across the country.