2021-05-16T23:39:57-07:00 2020-12-31 990 2020-01-01 320596113 OMAHA DISCOVERY TRUST OMAH 9133913190 10050 Regency Circle Suite 101 Omaha NE 68114 Jennifer Callahan Treasurer 9133913190 2021-05-10 0 11 0 AAL2 2020 2022-09-23 18:48:47Z Rachel Jacobson 10050 Regency Circle Suite 101 Omaha NE 68114 65157848 0 X X 2019 NE The mission of the Organization is to establish a science center in downtown Omaha with an emphasis on engineering and mathematics. 8 8 0 0 0 0 64646611 0 4451 0 0 64651062 0 0 0 350000 362205 2913563 0 3263563 0 61387499 5307 63083214 0 1690408 5307 61392806 Omaha Discovery Trust was created to establish a science center in downtown Omaha with an emphasis on engineering and mathematics. The name of the science center is the Kiewit Luminarium and it will be a place to explore astonishing phenomena with hands-on learning experiences, nurturing creativity and innovation for people of all ages. The Kiewit Luminarium is currently under construction with plans to open in early 2023 on Lewis & Clark Landing at The RiverFront in Omaha, Nebraska. 0 0 2770458 0 0 As disclosed above, the mission of the Organization is to create the Kiewit Luminarium, a state of the art science center in downtown Omaha, Nebraska. The Luminarium is privately funded, with the majority of the funds expended on design and construction of the facility which is reflected on the balance sheet as construction in process. In addition to design and construction, the Organization incurs certain expenses in order to facilitate this project including operational consulting fees to the Exploratorium Museum in San Francisco, California and project management fees to Heritage Services, a 501c3 organization which provides fundraising and project management services to other nonprofit entities. In addition, certain executive search fees were incurred relating to the search for the Executive Director of the Organization. 0 0 0 2770458 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 X Jennifer Callahan 4023913190 10050 Regency Circle Suite 101 Omaha NE 68114 Trent Demulling Chair 5 0 X X 0 0 0 Rachel Jacobson President 25 0 X X 0 0 0 Lance Fritz Director 2 0 X 0 0 0 Brandon Hamm Director 2 0 X 0 0 0 Cheryl Logan Director 2 0 X 0 0 0 Jane Miller Director 2 0 X 0 0 0 Lance Perez Director 2 0 X 0 0 0 Connie Ryan Director 2 0 X 0 0 0 Susan Morris President 25 0 X X 0 0 0 Dan Waters Secretary 2 0 X 0 0 0 Jennifer Callahan Treasurer 2 0 X 0 0 0 0 0 0 0 0 0 0 T&G Real Estate Solutions LLC 10340 North 84th Street Omaha NE 681222216 construction management services 227457 1 0 0 0 0 0 64646611 506786 64646611 0 2044 0 0 2044 0 0 0 0 0 0 0 0 0 0 509193 0 506786 0 2407 0 2407 0 0 2407 0 0 64651062 0 0 4451 X 16114 16114 2794 2794 350000 350000 430771 430771 111340 111340 0 Fundraising expenses 12205 0 0 12205 Design Reimbursable Expenses 5267 5267 0 0 Bank and Broker Fees 652 0 652 0 Operational consulting fees 2334420 2334420 0 0 3263563 2770458 130900 362205 5307 51311 9866886 45488991 12654 7663372 5307 63083214 1690408 0 0 1690408 X 0 7678071 5307 53714735 5307 61392806 5307 63083214 61387499 0 0 0 0 0 X 1 X 0 0 0 X 64646610 64646610 0 0 0 0 64646610 64646610 47863610 16783000 2044 2044 64648654 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Construction in Process- Science Center 7663372 7663372 0 0 X Schedule D, Part X, Line 2 The Organization follows the provisions of FASB Codification Topic 740-10 related to uncertain income tax positions. Management believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain positions that are material to the financial statements. X X 1 Heritage Services 10050 Regency Circle Suite 101 Omaha NE 68114 Heritage Services, a 501c3 organization which provides fundraising and project management services to other nonprofit entities, was contracted for these services for the Organization. The Organization paid Heritage Services a total of $700,000 in 2020, $350,000 of which was allocated to fundraising services and the remaining $350,000 allocated to project management services. 1 83997851 350000 83647851 83997851 350000 83647851 All States Kiewit Corporation Substantial contributor 1765148 Amounts paid as construction contractor 0 X 2 506786 FMV 0 0 0 0 Form 990, Part VI, Section A, Line 2 Certain board members have business relationships with other board members. Form 990, Part VI, Section B, Line 11b The 990 is prepared by the Treasurer and reviewed by the President and Secretary. A copy of the 990 is distributed to all board members for review prior to the filing of the 990. Form 990, Part VI, Section B, Line 12c The Organization has adopted a conflict of interest policy which requires any transactions which may represent a conflict of interest to be addressed at a board meeting. In addition, board members will be required on an annual basis to complete a Conflict of Interest Policy Annual Statement which requires the the directors to sign and acknowledge that they have read and will comply with the policy as well as disclosing any potential conflicts of interests. As the Organization is in its first year of operations, these procedures are currently in the process of being implemented. Form 990, Part VI, Section C, Line 19 The Organization would provide its governing documents, financial statements and tax returns upon request. Form 990, Part IX, Line 11g This expense includes the project management portion of the fees to Heritage Services as well as executive search fees for the search for an Executive Director of the Organization.