MUSEUM OF NEBRASKA ART

EIN: 470608588 501(c)(3) Arts, Culture & Humanities

KEARNEY, NE

Total Revenue
$5,780,604
Total Expenses
$2,315,309
Total Assets
$31,001,877
Net Assets
$30,662,390
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
NE
Principal Officer
JAN EINSPAHR
Phone
3088658559
Tax Period
2024-07-01 to 2025-06-30

MUSEUM OF NEBRASKA ART, founded in 1978, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.8M in total revenue in fiscal year 2024. Revenue fell 53% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $3.5M, a strong 60% operating margin.

Mission

TO PROVIDE ENJOYMENT AND EDUCATION OF NEBRASKA-CONNECTED ARTISTS AND ART.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,330,711
Program Service Revenue $7,878
Investment Income $435,070
Other Revenue $6,945
TOTAL REVENUE $5,780,604

Expense Breakdown

Grants Paid $0
Salaries & Benefits $723,051
Fundraising Expenses $175,289
Program Expenses $1,083,033
Other Expenses $1,592,258
TOTAL EXPENSES $2,315,309

Year-over-Year Comparison

2024 2023 Change
Revenue $5,780,604 $12,183,768 -0.5%
Expenses $2,315,309 $27,591,175 -0.9%
Net Income $3,465,295 $-15,407,407 -1.2%
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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Governance

Voting Members
21
Independent Members
21
Employees
5
Volunteers
33

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
10
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAN EINSPAHR PRESIDENT 1.00
Officer Director
$0 $0 $0
JON WATTS TREASURER 1.00
Officer Director
$0 $0 $0
SCOTT BENSON EX-OFFICO 1.00
Director
$0 $0 $0
DR NEAL SCHNOOR EX-OFFICO 1.00
Director
$0 $0 $0
PAUL TWIGG EX-OFFICO 1.00
Director
$0 $0 $0
WENDY ANDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLIE BICAK BOARD MEMBER 1.00
Director
$0 $0 $0
JON BOKENKAMP BOARD MEMBER 1.00
Director
$0 $0 $0
DERRICK BURBUL BOARD MEMBER 1.00
Director
$0 $0 $0
JAY FLOHR BOARD MEMBER 1.00
Director
$0 $0 $0
TOM GALLAGHER BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL HIGH HORSE BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK MOORE BOARD MEMBER 1.00
Director
$0 $0 $0
BEN ROWE BOARD MEMBER 1.00
Director
$0 $0 $0
STAN SCHWARTZ BOARD MEMBER 1.00
Director
$0 $0 $0
CRICKET BLACK SIMMONS BOARD MEMBER 1.00
Director
$0 $0 $0
TAMARA SLOAN BOARD MEMBER 1.00
Director
$0 $0 $0
RITA STINNER BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE TAMAYO BOARD MEMBER 1.00
Director
$0 $0 $0
BETH WHITED BOARD MEMBER 1.00
Director
$0 $0 $0
SUZANNE WISE BOARD MEMBER 1.00
Director
$0 $0 $0
SUE QUAMBUSCH PAST PRESIDENT 1.00
Officer
$0 $0 $0
BURKE HARR PRESIDENT ELECT 1.00
Officer
$0 $0 $0
MARY ZICAFOOSE SECRETARY 1.00
Officer
$0 $0 $0
CHAD GRAFF VICE PRESIDENT - COLLECTION/EXHIBITION 1.00
Officer
$0 $0 $0
KATE MCCOWN VICE PRESIDENT -DEVELOPMENT 1.00
Officer
$0 $0 $0
RICK SCHUESSLER VICE PRESIDENT - LEARNING AND ENGAGEMENT 1.00
Officer
$0 $0 $0
JEANNE SALERNO VICE PRESIDENT - NOMINATING/GOVERNANCE 1.00
Officer
$0 $0 $0
ANDREW DUNEHOO EXECUTIVE DIRECTOR 40.00
Officer
$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 $5,780,604 $2,315,309 $31,001,877 $3,465,295
2024 $12,183,768 $27,591,175 $31,112,341 $-15,407,407
2023 $13,547,143 $1,105,946 $42,363,845 $12,441,197
2022 $12,796,061 $1,473,891 $29,264,897 $11,322,170
2021 $4,498,861 $1,300,797 $18,510,355 $3,198,064
2020 $2,154,608 $1,223,126 $15,163,289 $931,482
2019 $1,771,032 $1,196,030 $14,211,635 $575,002
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