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Nonprofiteer
← OMAHA PERFORMING ARTS SOCIETY

Form 990 for tax year 2024

Filed by OMAHA PERFORMING ARTS SOCIETY.

Totals

Total revenue
$43,124,760
Total expenses
$41,238,161
Contributions and grants received
$12,674,941
Grants paid
$0
Program service revenue
$28,759,621
Investment income
$847,346
Other revenue
$842,852
Total assets, end of year
$46,532,797
Total liabilities, end of year
$17,288,651
Net assets or fund balances, end of year
$29,244,146
Program services expenses (Part IX)
$35,955,529
Management and general expenses
$4,366,834
Fundraising expenses
$915,798
Program service expenses (Part III)
$35,955,529

Program services were 87.2% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $6,280,586

  • 1e · Government grants (contributions)

    $360,598

  • 1f · All other contributions, gifts and grants

    $6,033,757

  • 1g · Noncash contributions included above

    $2,347

  • 2a · Program service revenue: Ticket Sales and Fees

    total $20,947,305 · related or exempt $20,947,305 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Facility and Service Income

    total $3,192,055 · related or exempt $3,041,010 · unrelated business $151,045 · excluded $0

  • 2c · Program service revenue: Retail income

    total $4,620,261 · related or exempt $4,620,261 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $851,549 · related or exempt $851,549 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $8,795,802 · other assets $0

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

    securities $8,800,005 · other assets $0

  • 7c · Gain or loss

    securities -$4,203 · other assets $0

  • 7d · Net gain or loss

    total -$4,203 · related or exempt -$4,203 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: Employee Retention Credit

    total $842,852 · related or exempt $842,852 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $842,852

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $1,064,381 · program services $144,702 · management and general $556,469 · fundraising $363,210

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $7,653,218 · program services $5,768,182 · management and general $1,676,959 · fundraising $208,077

  • 8 · Pension plan contributions

    total $313,041 · program services $214,277 · management and general $91,687 · fundraising $7,077

  • 9 · Other employee benefits

    total $1,013,344 · program services $694,060 · management and general $274,084 · fundraising $45,200

  • 10 · Payroll taxes

    total $691,518 · program services $516,819 · management and general $134,631 · fundraising $40,068

  • 11a · Fees: management

    total $52,283 · program services $5,868 · management and general $46,415 · fundraising $0

  • 11b · Fees: legal

    total $64,587 · management and general $64,587 · fundraising $0

  • 11c · Fees: accounting

    total $75,476 · program services $0 · management and general $75,476 · fundraising $0

  • 11d · Fees: lobbying

    total $45,363 · program services $0 · management and general $45,363 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $54,360 · program services $0 · management and general $54,360 · fundraising $0

  • 12 · Advertising and promotion

    total $1,578,825 · program services $1,564,582 · management and general $0 · fundraising $14,243

  • 13 · Office expenses

    total $203,723 · program services $31,111 · management and general $170,121 · fundraising $2,491

  • 14 · Information technology

    total $995,700 · program services $82,180 · management and general $913,520 · fundraising $0

  • 15 · Royalties

    total $4,825,443 · program services $4,825,443 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $5,980,499 · program services $5,894,629 · management and general $71,549 · fundraising $14,321

  • 17 · Travel

    total $179,858 · program services $119,084 · management and general $50,708 · fundraising $10,066

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $110,093 · program services $56,344 · management and general $9,277 · fundraising $44,472

  • 20 · Interest

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $1,512,814 · program services $1,491,093 · management and general $18,099 · fundraising $3,622

  • 23 · Insurance

    total $16,850 · program services $0 · management and general $16,850 · fundraising $0

  • 24a · Other expenses: Programming

    total $9,236,104 · program services $9,236,104 · management and general $0 · fundraising $0

  • 24b · Other expenses: Sales Tax and Credit Card Fees

    total $2,942,883 · program services $2,929,380 · management and general $0 · fundraising $13,503

  • 24c · Other expenses: Repairs and Maintenance

    total $2,171,991 · program services $2,171,991 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $455,807 · program services $209,680 · management and general $96,679 · fundraising $149,448

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $10,670,166 · end of year $11,936,767

  • 3 · Pledges and grants receivable

    beginning of year $906,776 · end of year $2,465,058

  • 4 · Accounts receivable

    beginning of year $148,073 · end of year $228,178

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $229,076 · end of year $242,988

  • 9 · Prepaid expenses and deferred charges

    beginning of year $494,920 · end of year $630,374

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

    $40,605,147

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

    $20,889,782

  • 10c · Land, buildings and equipment, net

    beginning of year $17,618,335 · end of year $19,715,365

  • 11 · Investments: publicly traded securities

    beginning of year $13,243,124 · end of year $11,314,067

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,411,718 · end of year $3,508,021

  • 18 · Grants payable

    beginning of year $0

  • 19 · Deferred revenue

    beginning of year $11,671,989 · end of year $13,780,630

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $2,242,820

  • 27 · Net assets without donor restrictions

    beginning of year $25,598,804 · end of year $25,627,466

  • 28 · Net assets with donor restrictions

    beginning of year $1,385,139 · end of year $3,616,680

Mission and programs · 2024

Mission

The mission of Omaha Performing Arts is to enrich the community through presentation of the highest quality arts and entertainment experiences; education and community engagement programs; and stewardship of three world-class venues - the Orpheum Theater, Holland Performing Arts Center, and Steelhouse Omaha.

Activities or mission (Part I)

The mission of Omaha Performing Arts is to enrich the community through the presentation of the highest quality arts and entertainment experiences, education and community engagement programs, and stewardship of world-class venues.

  • Omaha Performing Arts presents productions of the highest quality by artists and ensembles at venues including the Orpheum Theater, the Holland Performing Arts Center, and Steelhouse Omaha.

    Expenses $20,040,837 · Revenue $19,883,327

  • Omaha Performing Arts' mission includes enriching the community through education and community engagement activities and initiatives. In the past 20 years, more than 615,000 students and community members have participated in a variety of programs including Jazz on the Green, Student Matinees, Master Classes, workshops and more. Omaha Performing Arts provides four Education and Community Engagement programs in conjunction with national partners: Disney Musicals in Schools, in which underserved elementary schools receive significant resources to produce an annual Disney KIDS musical; Musical Explorers, a curriculum-based music education program for grades K-2 produced in partnership with Carnegie Hall; Wolf Trap Institute for Early Learning Through the Arts, a Pre-K arts education program that integrates music, dance, theatre, puppetry, and storytelling, and the Broadway League's National High School Musical Theatre Awards program, which provides top Nebraska Theater Academy students the chance to train with Broadway professionals. Other educational offerings include Student Rush, which offers deeply discounted tickets to students. Additional community engagement offerings include Voices AMPLIFIED!, a cultural engagement series that celebrates artists from various cultures and creates opportunities for discussion, reflection, and new experiences, and Arts Access, which provides organizations serving at-risk and low-income populations with free tickets to select performances.

    Expenses $1,350,741 · Revenue $79,305

  • The Orpheum Theater, Holland Performing Arts Center, and Steelhouse Omaha host a variety of cultural, community, performing arts, and entertainment events, including the Omaha Symphony, Opera Omaha, American Midwest Ballet, and national touring artists.

    Expenses $14,563,951 · Revenue $8,796,990

As filed on the 2024 return.

Listed in Part VII

  • Joan Squires

    President

    Total calculated
    $673,607
    From this org
    $641,043
    From related orgs
    $0
    Other
    $32,564
    Hours/week
    60 + 5 related

    Schedule J breakdown matched by us

    Base
    $424,048
    Bonus
    $110,000
    Other
    $106,995
    Deferred
    $13,002
    Nontaxable benefits
    $11,676
    Filer's total
    $665,721

  • Arnold Reeves

    Senior Vice President and CFO

    Total calculated
    $259,268
    From this org
    $228,522
    From related orgs
    $0
    Other
    $30,746
    Hours/week
    45 + 5 related

    Schedule J breakdown matched by us

    Base
    $227,077
    Bonus
    $0
    Other
    $1,445
    Deferred
    $9,108
    Nontaxable benefits
    $15,227
    Filer's total
    $252,857

  • Sabrina Weiss

    Vice President of Development

    Total calculated
    $210,121
    From this org
    $202,003
    From related orgs
    $0
    Other
    $8,118
    Hours/week
    45 + 5 related

    Schedule J breakdown matched by us

    Base
    $201,742
    Bonus
    $0
    Other
    $262
    Deferred
    $8,118
    Nontaxable benefits
    $0
    Filer's total
    $210,122

  • Andy Cassano

    VP for Programming and Education

    Total calculated
    $203,507
    From this org
    $167,204
    From related orgs
    $0
    Other
    $36,303
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $166,983
    Bonus
    $0
    Other
    $220
    Deferred
    $7,008
    Nontaxable benefits
    $17,422
    Filer's total
    $191,633

  • Craig Cope

    Steelhouse General Manager

    Total calculated
    $167,066
    From this org
    $129,974
    From related orgs
    $0
    Other
    $37,092
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $129,875
    Bonus
    $0
    Other
    $98
    Deferred
    $4,006
    Nontaxable benefits
    $21,591
    Filer's total
    $155,570

  • Ashley Voorhees

    Vice President of Administrative Services

    Total calculated
    $154,724
    From this org
    $130,566
    From related orgs
    $0
    Other
    $24,158
    Hours/week
    45

  • Lee Turkovich

    Vice President of Marketing and Communications

    Total calculated
    $153,635
    From this org
    $128,696
    From related orgs
    $0
    Other
    $24,939
    Hours/week
    45

  • Bianca Harley

    Vice President of Human Capital and Inclusion

    Total calculated
    $152,538
    From this org
    $129,258
    From related orgs
    $0
    Other
    $23,280
    Hours/week
    45

  • Jack Koraleski

    Chair

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • D David Slosburg

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Michael Cassling

    Vice Chair

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Dr H Dele Davies

    Director

    Total calculated
    $0
    Hours/week
    1

  • Margaret Lauritzen Dodge

    Director

    Total calculated
    $0
    Hours/week
    1

  • Scott C Heider

    Director

    Total calculated
    $0
    Hours/week
    1

  • Todd Johnson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Christopher Leitner

    Director

    Total calculated
    $0
    Hours/week
    1

  • Rodrigo Lopez

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Sharlon Rodgers

    Director

    Total calculated
    $0
    Hours/week
    1

  • Rachel Werner

    Director

    Total calculated
    $0
    Hours/week
    1

  • John Boyer

    Secretary

    Total calculated
    $0
    Hours/week
    1 + 1 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 4
An Officer is a participant in a 457(f) deferred compensation plan sponsored by OPAS Foundation, a related organization. Vesting and related payments are based on years of service. As of 6/30/25, the Officer's deferred compensation account was credited with $100,000.
Schedule J, Part I, Line 7
At the direction of the Board of Directors, a bonus was paid to the President related to the 2023 fiscal year and paid during the 2024 calendar year.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
12 May 2026
IRS schema version
2024v5.0
Source object
202611329349306216

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