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Nonprofiteer
← OMAHA CONSERVATORY OF MUSIC

Form 990 for tax year 2024

Filed by OMAHA CONSERVATORY OF MUSIC.

Totals

Total revenue
$5,019,626
Total expenses
$4,539,192
Contributions and grants received
$2,908,146
Grants paid
$374,665
Program service revenue
$2,052,629
Investment income
$2,066
Other revenue
$56,785
Total assets, end of year
$14,373,993
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$14,373,993
Program services expenses (Part IX)
$3,743,442
Management and general expenses
$580,973
Fundraising expenses
$214,777
Program service expenses (Part III)
$3,743,442

Program services were 82.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $83,781

  • 1f · All other contributions, gifts and grants

    $2,824,365

  • 1g · Noncash contributions included above

    $23,109

  • 2a · Program service revenue: TUITION AND FEES

    total $2,007,494 · related or exempt $2,007,494

  • 2b · Program service revenue: PERFORMANCE FEES

    total $45,135 · related or exempt $45,135

  • 3 · Investment income

    total $5,986 · excluded $5,986

  • 6a · Gross rents

    real property $51,446

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $51,446

  • 6d · Net rental income or loss

    total $51,446 · related or exempt $44,696 · excluded $6,750

  • 7a · Gross sales of assets other than inventory

    securities $64,661 · other assets $1,450

  • 7b · Less cost or other basis and sales expenses

    securities $64,809 · other assets $5,222

  • 7c · Gain or loss

    securities -$148 · other assets -$3,772

  • 7d · Net gain or loss

    total -$3,920 · excluded -$3,920

  • 10a · Gross sales of inventory

    $5,339

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $5,339 · related or exempt $5,339

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $374,665 · program services $374,665

  • 5 · Compensation of officers, directors and key employees

    total $154,829 · program services $65,523 · management and general $55,058 · fundraising $34,248

  • 7 · Other salaries and wages

    total $2,321,619 · program services $1,978,713 · management and general $241,894 · fundraising $101,012

  • 8 · Pension plan contributions

    total $9,027 · program services $5,451 · management and general $3,268 · fundraising $308

  • 9 · Other employee benefits

    total $199,152 · program services $178,818 · management and general $11,301 · fundraising $9,033

  • 10 · Payroll taxes

    total $175,150 · program services $135,876 · management and general $27,778 · fundraising $11,496

  • 11b · Fees: legal

    total $5,000 · management and general $5,000

  • 11c · Fees: accounting

    total $24,520 · program services $22,131 · management and general $1,456 · fundraising $933

  • 11g · Fees: other

    total $316,064 · program services $224,757 · management and general $75,489 · fundraising $15,818

  • 12 · Advertising and promotion

    total $19,250 · program services $15,333 · management and general $2,508 · fundraising $1,409

  • 13 · Office expenses

    total $18,530 · program services $10,422 · management and general $4,540 · fundraising $3,568

  • 14 · Information technology

    total $73,298 · program services $49,608 · management and general $15,753 · fundraising $7,937

  • 15 · Royalties

    total $798 · program services $798

  • 16 · Occupancy

    total $247,751 · program services $211,339 · management and general $19,585 · fundraising $16,827

  • 17 · Travel

    total $12,547 · program services $12,541 · fundraising $6

  • 20 · Interest

    total $16,286 · program services $208 · management and general $16,078

  • 22 · Depreciation, depletion and amortization

    total $422,265 · program services $390,595 · management and general $21,113 · fundraising $10,557

  • 23 · Insurance

    total $78,137 · management and general $78,137

  • 24a · Other expenses: INSTRUMENT/MUSIC PURCHA

    total $43,091 · program services $43,091

  • 24b · Other expenses: CURRICULUM DEVELOPMENT

    total $26,012 · program services $23,573 · management and general $2,015 · fundraising $424

  • 24c · Other expenses: FUNDRAISING EXPENSE

    total $1,201 · fundraising $1,201

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $175 · end of year $75

  • 2 · Savings and temporary cash investments

    beginning of year $232,116 · end of year $819,417

  • 10a · Land, buildings and equipment: cost or other basis

    $17,465,837

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,056,262

  • 10c · Land, buildings and equipment, net

    beginning of year $13,809,649 · end of year $13,409,575

  • 11 · Investments: publicly traded securities

    beginning of year $131,931 · end of year $144,926

  • 25 · Other liabilities

    beginning of year $300,000 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $12,034,639 · end of year $13,965,675

  • 28 · Net assets with donor restrictions

    beginning of year $1,839,232 · end of year $408,318

Mission and programs · 2024

Mission

THE OMAHA CONSERVATORY OF MUSIC IS A NON-PROFIT SCHOOL THAT BUILDS A DIVERSE MUSICAL COMMUNITY TO ENRICH LIVES THROUGH EDUCATION AND PERFORMANCE.

  • THE OMAHA CONSERVATORY OF MUSIC OFFERS PRIVATE LESSON MUSIC INSTRUCTION IN VIOLIN, VIOLA, CELLO, BASS, PIANO, VOICE, PERCUSSION, WOODWINDS, BRASS, COMPOSITION, AND MUSIC THEORY. OUR ARTIST-FACULTY OFFER 40 PRIVATE LESSONS PER YEAR TO OVER 800 STUDENTS. APPROXIMATELY 15% OF THE STUDENTS RECEIVE SOME FORM OF FINANCIAL AID.

    Expenses $2,196,664 · Grants $337,102 · Revenue $1,761,072

  • THE OMAHA CONSERVATORY OF MUSIC PROVIDES THE STRING SPROUTS PROGRAM TO 900 YOUNG PEOPLE AND THEIR CAREGIVERS FOR 32 WEEKS OF GROUP LESSON INSTRUCTION THAT CULMINATES IN A PERFORMANCE WITH THE OMAHA SYMPHONY ANNUALLY. STUDENTS ARE ELIGIBLE FOR THE PROGRAM FOR 5 YEARS BETWEEN THE AGES OF 3-8 YEARS OLD AND RECEIVE A VIOLIN TO TAKE HOME FOR THE DURATION OF THEIR ENROLLMENT IN THE PROGRAM. STUDENTS ATTEND ON A SLIDING SCALE, WITH 80% ATTENDING FOR FREE.

    Expenses $720,943 · Grants $12,403 · Revenue $266,622

  • THE OMAHA CONSERVATORY OF MUSIC PROVIDES CLASS SETTING AND ENSEMBLE EDUCATION TO OVER 350 STUDENTS THROUGH ON CAMPUS PROGRAMS EACH YEAR. THESE CLASSES OFFER EVERYTHING FROM INTRODUCTORY SKILLS TO ADVANCED PERFORMANCE ENSEMBLES. MANY OF THE STUDENTS IN INTRODUCTORY CLASSES TRANSITION INTO INDIVIDUAL LESSONS. STUDENTS TAKE THE ENSEMBLES AS SUPPLEMENTAL EDUCATION TO THEIR LESSONS.

    Expenses $672,105 · Grants $3,343 · Revenue $38,440

  • EVENTS - THE OMAHA CONSERVATORY OF MUSIC FACILITATES ONE CAMP FOR YOUNG PEOPLE EACH JULY. IN FY25, SUZUKI INSTITUTE SERVED 100 STRINGS STUDENTS. THIS CAMP INCLUDES INTENSIVE EXPERIENCES WITH THE OMAHA CONSERVATORY OF MUSIC FACULTY AND VISITING ARTISTS AND CULMINATES IN SPECIAL PERFORMANCE EVENTS THROUGHOUT THE WEEK TO HIGHLIGHT STUDENT LEARNING, TO FEATURE VISITING ARTISTS, AND TO BRING OUR COMMUNITY TOGETHER TO CELEBRATE PERSONAL GROWTH THROUGH MUSIC.

    Expenses $153,730 · Grants $21,817 · Revenue $36,530

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Carissa Schrager

    CHAIR

    Total calculated
    $0
    Hours/week
    5 + 1 related

  • Joe Finelli

    TREASURER/SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Kristine Hull

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Richard Jacobson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Prem Neelakanta

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gigi O'Hara

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Heather Schneider

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Carly Turner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ashley Wegner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Felicia White

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ryan Ellis

    DIRECTOR THRU 5/25

    Total calculated
    $0
    Hours/week
    1

  • Norm Holly

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mary Finnegan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mindy Kizer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Meghann Henry

    EXECUTIVE DIRECTOR

    Total calculated
    $125,395
    From this org
    $120,344
    From related orgs
    $0
    Other
    $5,051
    Hours/week
    50 + 1 related

  • Daniel Rooney

    DIR. FINANCE & ADMIN THRU 10/24

    Total calculated
    $86,520
    From this org
    $85,667
    From related orgs
    $0
    Other
    $853
    Hours/week
    45

  • Candace Jorgensen

    DIRECTOR OF PROGRAMMING

    Total calculated
    $107,807
    From this org
    $106,528
    From related orgs
    $0
    Other
    $1,279
    Hours/week
    45

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • OCM FOUNDATION

    501(C)(3) · FUNDRAISING · NE · controlled entity

    Directly controlled by OMAHA CONSERVATORY OF MUSIC

Provenance

Return type
form_990
Tax year
2024
Filed
17 June 2026
IRS schema version
2024v5.5
Source object
202641699349300324

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