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Nebraska · Nonprofit

FRIENDS OF THE MIDWEST THEATER

FRIENDS OF THE MIDWEST THEATER (Nebraska) receives grants from 19 organizations whose IRS filings report $566,877 to it, the largest being OREGON TRAIL COMMUNITY FOUNDATION ($245,533). 7 of them have funded it in more than one year.

Revenue FY2024
$462k
Funders on record
19
Grants received
$567k
Net assets
$2.9M
7/19 repeat funderspeak grant-dependency 23%
01What it does

What Friends of the Midwest Theater does

Mission

To enhance the arts commnity within the nebraska panhandle by preserving the historic midwest theater for present and future generations and nurturing a lively community through the presentation of mainstream and specialty films, performing arts, youth arts and education and community events.

As stated on its FY2024 Form 990.

Programs

  1. The Friends of the Midwest Theater acquired and totally remodeled a classic old theater. The theater is now used for various entertainment events for all segments of the population in western nebraska. The operation uses the serices of more than 300 volunteers each year to complete its exempt purpose.

    $382,348 spent$195,703 earned by the program
    83% of program spending
  2. All other accomplishments - Friends of the Midwest Theater acquired historically significant buildings, totally renovating the sructures, and making them available for cultural events from movies to live theater productions. Thousands of individuals have enjoyed the productions in the facility.

    $77,162 spent
    17% of program spending

The 2 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $459,510.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($624k) Expenses 100 ($606k) Net assets 100 ($1.7M)2018 Revenue 90 ($560k) Expenses 102 ($618k) Net assets 97 ($1.7M)2019 Revenue 89 ($555k) Expenses 108 ($655k) Net assets 96 ($1.7M)2020 Revenue 81 ($503k) Expenses 86 ($520k) Net assets 97 ($1.7M)2021 Revenue 120 ($746k) Expenses 90 ($548k) Net assets 122 ($2.1M)2022 Revenue 136 ($851k) Expenses 103 ($625k) Net assets 139 ($2.4M)2023 Revenue 114 ($713k) Expenses 110 ($669k) Net assets 173 ($3.0M)2024 Revenue 74 ($462k) Expenses 97 ($590k) Net assets 167 ($2.9M)
'17'18'19'20'21'22'23'24
Revenue (74)Expenses (97)Net assets (167)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $2.4M to $3.0M (+24%).

$1.7M
$1.7M
$1.7M
$1.7M
$2.1M
$2.4M
$3.0M
$2.9M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 11% · 2018 8% · 2019 4% · 2020 19% · 2021 38% · 2022 34% · 2023 3% · 2024 3%. Grants only. Government contracts and fees sit inside program revenue.

50% of FRIENDS OF THE MIDWEST THEATER’s revenue is contributions — about as donation-reliant as the typical peer (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$17k
’17
−$57k
’18
−$100k
’19
−$17k
’20
$198k
’21
$226k
’22
$44k
’23
−$128k
’24
6.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

The chief executive listed changed between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24
Listed1714141213151616
Joined·+0+3+0+1+2+6+1
No longer listed·3320051
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 6 funders, grant income rose $48k → $110k.

5 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 47% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FRIENDS OF THE MIDWEST THEATER’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FRIENDS OF THE MIDWEST THEATER leans on a few funders — its largest provides 43% of grant income and the top three 62%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

72% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FRIENDS OF THE MIDWEST THEATER.

43%
largest funder
62%
top three
~4
effective funders

Largest funder’s share by year: 2017 36% · 2018 64% · 2019 100% · 2020 40% · 2021 56% · 2022 28% · 2023 71% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

36% of FRIENDS OF THE MIDWEST THEATER's funders are still giving 3 years after their first grant; 37% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

81% of FRIENDS OF THE MIDWEST THEATER's grant income comes from Nebraska funders.

MI
NY
MA
CA
NE
MO

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Nebraska out of state home

Funder states come from each funder’s own filing. $268k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FRIENDS OF THE MIDWEST THEATER is better cushioned than half of the 17,936 arts & culture nonprofits its size.

Operating margin−28% · bottom quartile
Months of reserve6.5mo · above the median
Revenue growth (annualized)−4% · bottom quartile

this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024

Organizations like FRIENDS OF THE MIDWEST THEATER

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Nebraska

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

67% of spending goes to programs.

Program 67%Management 30%Fundraising 4%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

95%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for FRIENDS OF THE MIDWEST THEATER: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FRIENDS OF THE MIDWEST THEATER?
FRIENDS OF THE MIDWEST THEATER (Nebraska) receives grants from 19 organizations whose IRS filings report $566,877 to it, the largest being OREGON TRAIL COMMUNITY FOUNDATION ($245,533). 7 of them have funded it in more than one year.
How many funders does FRIENDS OF THE MIDWEST THEATER have?
IRS filings report 19 organizations giving $566,877 in grants to FRIENDS OF THE MIDWEST THEATER, 7 of which have funded it in more than one year.
Who is the largest funder of FRIENDS OF THE MIDWEST THEATER?
OREGON TRAIL COMMUNITY FOUNDATION is the largest funder on record, with $245,533 in grants. The full list of funders is on this page.
How can an organization like FRIENDS OF THE MIDWEST THEATER find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Nebraska. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Friends of the Midwest Theater →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 19 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing