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Nebraska · Nonprofit

HOT SHOPS ART FOUNDATION

HOT SHOPS ART FOUNDATION (Nebraska) receives grants from 12 organizations whose IRS filings report $773,554 to it, the largest being THE SHERWOOD FOUNDATION ($345,000). 6 of them have funded it in more than one year.

Revenue FY2025
$1.6M
Funders on record
12
Grants received
$774k
Net assets
$1.4M
6/12 repeat funderspeak grant-dependency 25%
01What it does

What Hot Shops Art Foundation does

Mission

The hot shops foundation provides informal art education programs and instruction to children and adults through art classes, workshops, camps, lectures, demonstrations and exhibits. In addition, the foundation promotes appreciation for and understanding of a variety of visual art forms and how they are created by providing direct access to a unique collaborative living artistic environment at the hot shops art center.

As stated on its FY2025 Form 990.

Program

  1. The foundation provides classes, workshops, and other informal art education programs in a variety of artistic mediums.

    $782,614 spent$848,638 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $782,614.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.

100 = 20202020 Revenue 100 ($54k) Expenses 100 ($34k) Net assets 100 ($20k)2021 Revenue 403 ($217k) Expenses 375 ($126k) Net assets 549 ($111k)2022 Revenue 772 ($415k) Expenses 1035 ($348k) Net assets 882 ($178k)2023 Revenue 1775 ($955k) Expenses 2044 ($688k) Net assets 2208 ($445k)2024 Revenue 2506 ($1.3M) Expenses 2474 ($832k) Net assets 4767 ($962k)2025 Revenue 2918 ($1.6M) Expenses 3323 ($1.1M) Net assets 7011 ($1.4M)
202020212022202320242025
Revenue (2918)Expenses (3323)Net assets (7011)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $116k to $1.0M (+800%).

$25k
$116k
$1.0M
$1.3M
$1.8M
$2.2M
202020212022202320242025
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.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$20k
’20
$91k
’21
$67k
’22
$268k
’23
$516k
’24
$453k
’25
9.7
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.

Chief executive

Kim Sellmeyer

Executive director

As listed on its FY2025 Form 990.

20212022202320242025
Listed1212131312
Joined·+0+4+0+2
No longer listed·0303
03Who funds it

Who funds it, year by year

2021 → 2023: the base broadened from 3 funders to 5 funders, grant income rose $55k → $90k.

1 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% 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 HOT SHOPS ART FOUNDATION’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

HOT SHOPS ART FOUNDATION leans on a few funders — its largest provides 45% of grant income and the top three 80%; half comes from just 2 funders.

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

45%
largest funder
80%
top three
~4
effective funders

Largest funder’s share by year: 2021 64% · 2022 97% · 2023 44% — diversifying over time.

“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.

Where its funders are

97% of HOT SHOPS ART FOUNDATION's grant income comes from Nebraska funders.

IL
NE

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

’21
’22
’23
Nebraska out of state home

Funder states come from each funder’s own filing. $54 arriving through sponsors registered in 1 state 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

Organizations like HOT SHOPS ART FOUNDATION

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

70% of spending goes to programs.

Program 70%Management 27%Fundraising 3%

Governance

12
board members
83%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

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

Footprint & structure

Files a return copy in 1 state

NE

Screen this organization

A dated, signed PDF of the compliance screen for HOT SHOPS ART FOUNDATION: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 HOT SHOPS ART FOUNDATION?
HOT SHOPS ART FOUNDATION (Nebraska) receives grants from 12 organizations whose IRS filings report $773,554 to it, the largest being THE SHERWOOD FOUNDATION ($345,000). 6 of them have funded it in more than one year.
How many funders does HOT SHOPS ART FOUNDATION have?
IRS filings report 12 organizations giving $773,554 in grants to HOT SHOPS ART FOUNDATION, 6 of which have funded it in more than one year.
Who is the largest funder of HOT SHOPS ART FOUNDATION?
THE SHERWOOD FOUNDATION is the largest funder on record, with $345,000 in grants. The full list of funders is on this page.
How can an organization like HOT SHOPS ART FOUNDATION 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 Hot Shops Art →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 12 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