University Of Nebraska Board Of Regents in Lincoln, Nebraska (NE)

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University Of Nebraska Board Of Regents
Employer Identification Number (EIN)470049123
Name of OrganizationUniversity Of Nebraska Board Of Regents
Address3835 Holdrege St, Lincoln, NE 68503-1435
ActivitiesOther school related activities
SubsectionEducational Organization
Ruling Date05/1973
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 - Not required to file (instrumentalities of states or political subdivisions)
Asset Amount$38,119
Amount of Income$26,094
Form 990 Revenue Amount$26,094


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Financial snapshot ($)

Revenue for 2012

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$26,094
Contributions, gifts, grants, and similar amounts received$65
Program service revenue including government fees and contracts$2,360
Membership dues and assessments$11,087
Investment income$84
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$3,488
Gross income from gaming$0
Gross income from fundraising events$4,362
Less: direct expenses from gaming and fundraising events$874
Gross profit from sales of inventory$0
Other revenue$9,010
Total expenses$21,311
Total net assets$38,119
Excess for the year$4,784
Net assets or fund balances at beginning of year$33,335
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$38,119
Total liabilities$0
Net assets or fund balances$38,119
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$2,598,281$54,324$2,554,066
Gross receipts or sales less returns and allowances$4,244,530$0$0
Cost of goods sold$3,247,856$0$0
Gross profit$996,674$0$996,674
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$38,041$29,936$8,105
Advertising income$14,279$24,388$0
Other income$1,549,287$0$11,549,287
Deductions Not Taken Elsewhere (for 2008)
Total deductions$2,815,398
Compensation of officers, directors, and trustees$0
Salaries and wages$1,328,245
Repairs and maintenance$0
Bad debts$0
Interest$12,238
Taxes and licenses$0
Charitable contributions$0
Depreciation$247,714
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$8,105
Excess readership costs$0
Other deductions$1,219,096
Unrelated business taxable income$0
Unrelated business taxable income before net operating loss deduction$261,332
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$0
Specific deduction$0
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