Nebraska · Nonprofit
NAC DEVELOPMENT CORPORATION
NAC DEVELOPMENT CORPORATION (Nebraska) receives grants from 3 organizations whose IRS filings report $23,500 to it, the largest being Peter Kiewit Foundation ($20,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $1.3M
- Funders on record
- 3
- Grants received
- $24k
- Net assets
- $2.1M
What Nac Development Corporation does
Mission
To stimulate and encourage the study and presentation of fine and performing arts throughout the state.
As stated on its FY2025 Form 990.
Programs
Cultural preservation endowment - cpef funds are used in one of the following three categories stabilization of nebraska's arts organizations - stabilization can take many forms, from utilizing a grant program designed to stimulate endowment building, or as a supplement to annual general operational support grants arts education programs that provide statewide impact - projects must demonstrate a sustained effort that has broad application most recently, the nebraska arts council undertook a comprehensive study that will involve a task force and an outside consultant to redesign prairie visions, a summer institute for nebraska teachers that provides tools to implement comprehensive arts education into the entire curriculum spectrum arts advocacy promotes the arts in nebraska - the arts are important to the state's economy, quality of life, and education of its citizens the scope of the arts advocacy project can include the research, development, and production of informational materials and supplies informational pieces that provide data regarding the positive impact of arts education can be distributed at events and community meetings throughout the state
$379,999 spentof which $379,999 as grants57% of program spendingNebraska cultural endowment private fund - nebraska cultural endowment disbursements support objectives of the nebraska arts council's mission and goals as outlined in the nebraska arts council's strategic plan and an annual recommendation for the john w carson donor-advised fund
$15,000 spentof which $15,000 as grants2% of program spendingSpecial initiatives - these projects and services are designed to increase awareness of, and participation in, arts and culture this program supports fees paid to consultants who work with targeted arts organizations and artists as well as other areas of organizational and professional development services included training for artists and organizations in the following areas trends in performing, touring, arts education, marketing, strategic planning, contracts and legal maners the initiative supports and promotes artists for regional projects and administers the artist fellowship program
$253,558 spentof which $160,724 as grants38% of program spendingPoetry out loud - this program encourages nebraska's high school students tolearn about poetry through memorization and performance, which helps studentsmaster public speaking skills, build self-confidence, and learn about our literaryheritage. Starting at the classroom level, teachers are provided with multimediacurriculum materials to augment their regular poetry curriculum with poetryrecitation and a classroom-level competition. Nacdc provides poetry recitationworkshops for students in participating schools from teaching artists who haveexpertise in poetry and performance. All nebraska high schools are welcome toparticipate in poetry out loud
$18,804 spentof which $670 as grants3% of program spending
The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $667,361.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $1.6M to $2.1M (+33%).
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.
Government-grant reliance: 2021 95% · 2022 94% · 2023 90% · 2024 84% · 2025 15%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
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.
Who funds it, year by year
2019 → 2022: the base held at 1 funder, grant income rose $500 → $20k.
Left out of every figure on this page: $4.6M from 2 payers (the payer shares this organization's board, largest Nebraska Cultural Endowment). These are real filings, and they are not money NAC DEVELOPMENT CORPORATION raised.
From the IRS filings of NAC DEVELOPMENT CORPORATION’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
NAC DEVELOPMENT CORPORATION leans on a few funders — its largest provides 85% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2019 100% · 2021 100% · 2022 100% — broadly stable.
“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
87% of NAC DEVELOPMENT CORPORATION's grant income comes from Nebraska funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. 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.
Organizations like NAC DEVELOPMENT CORPORATION
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
90% of spending goes to programs.
Governance
Public support
95%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Nebraska Art Council · exempt
Screen this organization
A dated, signed PDF of the compliance screen for NAC DEVELOPMENT CORPORATION: 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.
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 NAC DEVELOPMENT CORPORATION?
- NAC DEVELOPMENT CORPORATION (Nebraska) receives grants from 3 organizations whose IRS filings report $23,500 to it, the largest being Peter Kiewit Foundation ($20,000). 0 of them have funded it in more than one year.
- How many funders does NAC DEVELOPMENT CORPORATION have?
- IRS filings report 3 organizations giving $23,500 in grants to NAC DEVELOPMENT CORPORATION.
- Who is the largest funder of NAC DEVELOPMENT CORPORATION?
- Peter Kiewit Foundation is the largest funder on record, with $20,000 in grants. The full list of funders is on this page.
- How can an organization like NAC DEVELOPMENT CORPORATION 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 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