NAC Development Corporation
NAC Development Corporation is a public charity based in Omaha, Nebraska. Its stated mission is to stimulate and encourage the study and presentation of fine and performing arts throughout the state.
NAC Development Corporation at a glance
In short: NAC Development Corporation gave $471K across 38 grants in 2025 (avg $12K), mostly in Nebraska. 8% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $471,360
- +7.7% vs 2024
- Grants made (2025)
- 38
- +0.0% vs 2024
- Average grant
- $12,404
- +7.7% vs 2024
- Median grant
- $10,264
- Total assets
- $2,123,220
- +32.7% vs 2024
- New grantees (estimate)
- 8% first-time grantees (3 of 38, 2025)
- Primary geography
- Nebraska (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to NAC Development Corporation
- Contact
Mailing address: 1004 Farnam Street Plaza Level, Omaha, NE 68102
Phone: (402) 595-2195
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who NAC Development Corporation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Nebraskans for the Arts ($52K). Together the top 10 received $220K.
Grant Size Distribution
191 grants across all recorded years
The most common grant size was under $50K: 190 grants of 191 (99%).
Geographic Focus
Where this funder awards grants
All reported 2025 grant dollars went to recipients in Nebraska.
Grant Distribution by State
Share of 2025 grant dollars across all 38 itemized grants.
Cities
Is NAC Development Corporation open to new grantees?
8%
first-time grantees, 2025
In 2025, 3 of 38 grantees (8%) were first-time recipients. First grants averaged $8K; repeat grants $13K. How we count
Medians: $7K first-time, $12K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $323K (2021) to $734K (2023). In 2025 it made 38 grants totaling $471K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Nebraskans for the Arts Omaha, NE | Basic Support | $52,250 |
| Film Streams Omaha, NE | Basic Support | $33,576 |
| Nebraskans for Public Television Inc Lincoln, NE | Basic Support | $28,969 |
| Friends of Lied Lincoln, NE | Basic Support | $18,996 |
| Omaha Theater Company for Young People Omaha, NE | Basic Support | $15,496 |
| The Union for Contemporary Arts Inc Omaha, NE | Basic Support | $14,685 |
| Omaha Performing Arts Society Omaha, NE | Basic Support | $14,435 |
| Opera Omaha Omaha, NE | Basic Support | $14,122 |
| Omaha Symphony Association Omaha, NE | Basic Support | $13,871 |
| Lincoln Orchestra Association Lincoln, NE | Basic Support | $13,808 |
Ready to take the next step with NAC Development Corporation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,123,220 | $1,269,753 | $730,678 | $471,360 | 38 | $37,449 |
| 2024 | $1,600,066 | $789,323 | $722,880 | $437,575 | 38 | $61,331 |
| 2023 | $1,498,147 | $689,375 | $1,039,628 | $734,183 | 47 | $15,384 |
| 2022 | $1,869,769 | $976,250 | $953,510 | $660,146 | 41 | $6,958 |
| 2021 | $1,861,422 | $979,250 | $772,257 | $322,565 | 27 | $8,688 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The organization’s Cultural Preservation Endowment program supports stabilization of Nebraska arts organizations, arts education programs with statewide impact, and arts advocacy. Its filing describes stabilization as including grant programs to stimulate endowment building or supplement general operating support. Arts education projects are expected to demonstrate sustained effort and broad application. Advocacy activities may include developing and distributing information about the arts and the impact of arts education.
Other filing-described activities include Nebraska Cultural Endowment disbursements supporting Nebraska Arts Council objectives, special initiatives for awareness and participation in arts and culture, and professional development services for artists and organizations. Poetry Out Loud provides curriculum materials and recitation workshops for participating schools; the filing describes it as a student program.
The 2025 grants include support for arts organizations across several disciplines. For example, Film Streams describes its mission as enhancing the Omaha–Council Bluffs cultural environment through film; Omaha Theater Company says it uses theater to support the educational and social development of young people; and Omaha Symphony Association describes its work as enriching lives through live orchestral music. These are the grantees’ stated missions, not NAC Development Corporation’s.
Grantmaking
In filing year 2025, NAC Development Corporation reported 38 grants totaling $471,360. Grants ranged from $5,285 to $52,250, with a median of $10,264. The largest listed award was $52,250 to Nebraskans for the Arts for basic support. Other notable awards included $33,576 to Film Streams, $28,969 to Nebraskans for Public Television, and $18,996 to Friends of Lied; each was reported for basic support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Sarah Peetz as president, Mark Laughlin as vice president, Jana Goranson and Jon Gross as secretaries, Zachary Cheek as treasurer, L James Wright as at large, and Shari Hofschire and Mike Markey as ex officio.
NAC Development Corporation is led by Sarah Peetz, President since 2024 (on filings since 2021); none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Sarah Peetz
President
Vice President → Treasurer, 2022
Treasurer → President, 2024
On filings since 2021
1 hr/week
No compensation reported
Mike Markey
Executive Officio
Director of Administration → Executive Director, 2023
Executive Director → Executive Officio, 2024
On filings since 2021
5 hrs/week
$94K (2024) → $0 (2025)
Mark Laughlin
Vice President
Secretary → Vice President, 2022
On filings since 2021
1 hr/week
No compensation reported
Shari Hofschire
Executive Officio
Executive Officio - Chair of Ne Arts → Executive Officio - Chair of Ne A, 2024
Executive Officio - Chair of Ne A → Executive Officio, 2025
On filings since 2021
1 hr/week
No compensation reported
Jana Goranson
Secretary
At Large → Secretary, 2024
On filings since 2023
1 hr/week
No compensation reported
Jon Gross
Secretary
At Large → Secretary, 2025
On filings since 2024
1 hr/week
No compensation reported
Zachary Cheek
Treasurer
On filings since 2024
1 hr/week
No compensation reported
L. James Wright
At Large
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (5)
- Former: Walter Seiler (2022–2024) — At Large
- Former: Alec Gorynski (2021–2023) — President
- Former: Suzanne Wise (2021–2022) — Executive Officio - Executive Director of Ne Arts
- Former: Kathy Kuszak (2021) — Treasurer
- Former: Paula Pflueger (2021) — Director
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $94K, to Mike Markey (Ex Officio).
Frequently asked questions about NAC Development Corporation
How much does NAC Development Corporation give each year?
NAC Development Corporation gave $471K across 38 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $438K across 38 grants.
What is NAC Development Corporation's typical grant size?
NAC Development Corporation's median grant in 2025 was $10,264, and its average grant was $12,404, across 38 grants on its 2025 IRS Form 990. Organizations receiving their first grant from NAC Development Corporation that year got $8K on average.
Where does NAC Development Corporation give grants?
NAC Development Corporation gives mostly in Nebraska: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Omaha, NE (17 grants), Lincoln, NE (8 grants), Kearney, NE (4 grants) and Scottsbluff, NE (2 grants).
Does NAC Development Corporation give general operating support?
Not in 2025: none of the 38 grants with a stated purpose on NAC Development Corporation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Basic Support" (38 grants).
Who are NAC Development Corporation's largest grantees?
NAC Development Corporation's largest 2025 grantees include Nebraskans for the Arts ($52,250), Film Streams ($33,576) and Nebraskans for Public Television Inc ($28,969), according to its 2025 IRS Form 990. Together they received 24% of its itemized 2025 grant dollars.
How large is NAC Development Corporation?
NAC Development Corporation reported $2.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.3M.
What does NAC Development Corporation fund?
The organization’s Cultural Preservation Endowment program supports stabilization of Nebraska arts organizations, arts education programs with statewide impact, and arts advocacy. See mission & focus areas ↑
How do I apply for a grant from NAC Development Corporation?
NAC Development Corporation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is NAC Development Corporation's EIN?
NAC Development Corporation's EIN (Employer Identification Number) is 47-6039543. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS October 18, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS September 9, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 27, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS October 3, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS October 3, 2025)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in NAC Development Corporation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Sherwood Foundation
Omaha, NE
The Sherwood Foundation funds equity and social-justice work in Nebraska, with a focus on urban and rural community partnerships and early childhood education; it supports operating, program, and capital needs. Its 2025 grants had a median of $90,000, though awards varied widely. It does not accept unsolicited requests and uses an invitation-only application process.
Assets
$977.8M
Grants
790
Total Given
$296.3M
Peter Kiewit Foundation
Omaha, NE
The Peter Kiewit Foundation funds college access and success, youth development, economic opportunity, community amenities, and community foundation capacity, primarily in Nebraska and western Iowa within 100 miles of Omaha. Its 2025 grants ranged from $219 to $5 million, with a median of $50,000. It does not accept unsolicited requests or grant inquiries; it invites selected organizations to apply.
Assets
$466.6M
Grants
160
Total Given
$29.2M
Robert B Daugherty Foundation
Omaha, NE
The Robert B. Daugherty Foundation funds tax-exempt organizations’ charitable, scientific, cultural, religious, and educational work, with preference for projects addressing community needs in Nebraska, especially greater Omaha. In 2024, grants ranged from $5,000 to $4.81 million, with a median of $77,500. It accepts applications through an online process; no deadline is listed.
Assets
$839.7M
Grants
120
Total Given
$37.9M
Union Pacific Foundation
Omaha, NE
The Union Pacific Foundation funds 501(c)(3) nonprofits in Union Pacific communities, prioritizing direct services and organizational capacity in safety, workforce development, community and public spaces, and local needs. Its 2025 grants ranged from $5,000 to $600,000, with a median of $10,000; it accepts online applications during designated periods.
Assets
$75K
Grants
441
Total Given
$8.2M
The Hawks Foundation
Omaha, NE
The Hawks Foundation’s stated focus is higher education and ethical business practices, with recent grants also supporting education, mental health, arts, healthcare, legal aid, and community programs. In 2024, its median grant was $40,000, with awards ranging from $1,000 to nearly $6.95 million; 76% of grant dollars went to Nebraska and 22% to New York. The filing describes application procedures for scholarship and medical program applicants but does not state whether it accepts unsolicited grant requests.
Assets
$413.1M
Grants
141
Total Given
$32.6M
Weitz Family Foundation
Omaha, NE
The Weitz Family Foundation funds nonprofits in arts, education, health, human services, and public and societal benefit, with an emphasis on equity and racial justice; it focuses primarily on Omaha and made 96% of its 2025 grant dollars in Nebraska. Its typical grant was about $50,000 in 2025, though new-to-the-foundation Omaha nonprofits can request up to $20,000 through its Beloved Community application. It does not accept unsolicited requests.
Assets
$19.6M
Grants
171
Total Given
$19.4M
More similar funders
More Funders in Nebraska
Cite this profile
Grantable. (2026). NAC Development Corporation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/nac-development-corporation-morg_bb66830df2f84523b9a339e9dd64087d
BibTeX
@misc{grantable_476039543_2026,
author = {{Grantable}},
title = {{NAC Development Corporation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/nac-development-corporation-morg_bb66830df2f84523b9a339e9dd64087d},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from NAC Development Corporation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
NAC Development Corporation down — hundreds of funders to go?