Omaha Performing Arts Society
- Assets
- $32.2m
- Revenue
- $11.8m
- Investments
- $0.0
- Employees
- 142
- Location
- Omaha, NE
- Founding
- 04/2001
- Data as of
- 06/2021
- EIN
- 47-0832480
Organization Overview
Omaha Performing Arts Society, operating under the name Omaha Performing Arts, is located in Omaha, NE. The organization was established in 2001. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Omaha Performing Arts employed 142 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Omaha Performing Arts is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Omaha Performing Arts generated $11.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $12.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF OMAHA PERFORMING ARTS IS TO ENRICH THE COMMUNITY THROUGH: THE PRESENTATION OF THE HIGHEST QUALITY ARTS AND ENTERTAINMENT EXPERIENCES; THE STEWARDSHIP OF THE ORPHEUM THEATER AND HOLLAND PERFORMING ARTS CENTER; AND EDUCATION AND COMMUNITY ENGAGEMENT PROGRAMS.
Describe the Organization's Program Activity:
"OMAHA PERFORMING ARTS PRESENTS" IS THE MAJOR PRESENTING SERIES OF O-PA AND INCLUDES PERFORMANCES OF THE HIGHEST QUALITY BY ARTISTS AND ENSEMBLES AT VENUES INCLUDING THE ORPHEUM THEATER AND THE HOLLAND PERFORMING ARTS CENTER. PERFORMANCES SPAN A WIDE VARIETY OF GENRES INCLUDING BROADWAY, DANCE, JAZZ, NATIONAL GEOGRAPHIC LIVE, AND 1200 CLUB AT THE HOLLAND, BUT DUE TO THE COVID-19 PANDEMIC FEW PERFORMANCES WERE ABLE TO BE PRESENTED IN THE CURRENT YEAR. IN ADDITION, O-PA PRESENTS FREE COMMUNITY PERFORMANCES, INCLUDING JAZZ ON THE GREEN.
OMAHA PERFORMING ARTS' MISSION INCLUDES ENRICHING THE COMMUNITY THROUGH EDUCATION AND COMMUNITY ENGAGEMENT ACTIVITIES AND INITIATIVES. IN THE PAST 16 YEARS, MORE THAN 430,000 STUDENTS AND COMMUNITY MEMBERS HAVE PARTICIPATED IN A VARIETY OF PROGRAMS INCLUDING STUDENT MATINEES, MASTER CLASSES, WORKSHOPS AND MORE. OMAHA PERFORMING ARTS PROVIDES THREE 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; AND THE BROADWAY LEAGUE'S NATIONAL HIGH SCHOOL MUSICAL THEATRE AWARDS PROGRAM, WHICH PROVIDES TOP NEBRASKA HIGH SCHOOL THEATRE ACADEMY STUDENTS THE CHANCE TO TRAIN WITH BROADWAY PROFESSIONALS. THE NEBRASKA HIGH SCHOOL THEATER ACADEMY IS DESIGNED TO SUPPORT, CELEBRATE, AND ADVOCATE FOR MUSICAL THEATER EDUCATION IN NEBRASKA HIGH SCHOOLS. OTHER EDUCATIONAL OFFERINGS INCLUDE STUDENT RUSH CLUB, WHICH OFFERS DEEPLY DISCOUNTED TICKETS TO STUDENTS. OTHER COMMUNITY ENGAGEMENT OFFERINGS INCLUDE VOICES AMPLIFIED!, A MULTIDISCIPLINARY ARTS AND SOCIAL JUSTICE INITIATIVE TO ELEVATE ARTISTS FROM DIVERSE CULTURES AND CONNECT THE OMAHA COMMUNITY WITH 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. TALKBACKS OFFER CONVERSATIONS WITH ARTISTS ABOUT THE CREATIVE PROCESS BEFORE OR AFTER SELECT PERFORMANCES. DURING ARTIST RESIDENCIES, ARTISTS AND ENSEMBLES PROVIDE A SERIES OF WORKSHOPS, LECTURES, PERFORMANCES AND OTHER EDUCATIONAL PROGRAMMING TO STUDENTS AND COMMUNITY MEMBERS.
THE ORPHEUM THEATER AND THE HOLLAND PERFORMING ARTS CENTER HAVE HOSTED A VARIETY OF CULTURAL, PERFORMING ARTS, AND ENTERTAINMENT EVENTS IN ADDITION TO THE "OMAHA PERFORMING ARTS PRESENTS" SERIES AND OTHER PRODUCTIONS, INCLUDING THE OMAHA SYMPHONY, OPERA OMAHA, AND NATIONAL TOURING ARTISTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Squires President | Officer | 60 | $448,132 |
Arnold Reeves Senior VP And CFO | Officer | 45 | $170,466 |
Sabrina Weiss VP - Development | 45 | $143,503 | |
Danyel Siler VP - Marketing And Communications | 50 | $133,184 | |
Andy Cassano VP - Programming | 45 | $101,815 | |
Jack Koraleski Vice Chairman | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bronx Touring Llc C/o Networks Presentations Llc Broadway Touring | 6/29/21 | $385,159 |
C2 Building Company Llc Construction | 6/29/21 | $794,323 |
Lions Gate Security Security | 6/29/21 | $352,466 |
Stage Pay Services Inc Stagehand/wardrobe Union | 6/29/21 | $361,477 |
Lms Touring Broadway Touring | 6/29/21 | $770,127 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $3,866,498 |
| Government grants | $3,706,535 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,813,680 |
| Noncash contributions included in lines 1a–1f | $2,085 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,386,713 |
| Total Program Service Revenue | $1,406,665 |
| Investment income | $1,421 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,794,799 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $551,231 |
| Compensation of current officers, directors, key employees. | $375,527 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,171,914 |
| Pension plan accruals and contributions | $90,363 |
| Other employee benefits | $407,825 |
| Payroll taxes | $245,159 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50,713 |
| Fees for services: Accounting | $30,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,831 |
| Fees for services: Other | $278,536 |
| Advertising and promotion | $195,625 |
| Office expenses | $85,504 |
| Information technology | $438,486 |
| Royalties | $759 |
| Occupancy | $3,418,477 |
| Travel | $2,126 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,529 |
| Interest | $37,667 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,420,259 |
| Insurance | $13,103 |
| All other expenses | $0 |
| Total functional expenses | $11,982,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,710,811 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,214,718 |
| Accounts receivable, net | $81,943 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $451,426 |
| Inventories for sale or use | $28,093 |
| Prepaid expenses and deferred charges | $346,535 |
| Net Land, buildings, and equipment | $19,635,287 |
| Investments—publicly traded securities | $2,700,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $32,168,813 |
| Accounts payable and accrued expenses | $884,877 |
| Grants payable | $0 |
| Deferred revenue | $10,976,266 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $248,804 |
| Unsecured mortgages and notes payable | $654,677 |
| Other liabilities | $0 |
| Total liabilities | $12,764,624 |
| Net assets without donor restrictions | $15,662,847 |
| Net assets with donor restrictions | $3,741,342 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $32,168,813 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Omaha Performing Arts Society has recieved totaling $85,000.
| Awarding Organization | Amount |
|---|---|
Richard Brooke Foundation Omaha, NE PURPOSE: MUSICAL EXPLORERS AND DISNEY MUSICALS IN SCHOOLS | $50,000 |
John K And Lynne D Boyer Foundation Omaha, NE PURPOSE: GENERAL SUPPORT | $35,000 |
Endowment Analysis
| Beg. Balance | $33,703,442 |
| Earnings | $16,053,647 |
| Net Contributions | $508,377 |
| Other Expense | $1,822,642 |
| Ending Balance | $48,442,824 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wyrulec Company Torrington, WY | $49,058,278 | $20,800,200 |
Omaha Performing Arts Society Omaha, NE | $32,168,813 | $11,794,799 |
Bravo Colorado At Vail-Beaver Creek Vail, CO | $12,788,410 | $9,569,156 |
Vermillion Development Company Vermillion, SD | $13,347,571 | $1,278,713 |
Culture House Olathe, KS | $1,423,663 | $1,449,924 |
Hutchinsons Historic Fox Theatre Inc Hutchinson, KS | $2,272,995 | $1,289,288 |
Lake Dillon Foundation For The Performing Arts Silverthorne, CO | $3,674,810 | $1,325,094 |
Sheridan Arts Foundation Telluride, CO | $2,967,332 | $1,721,240 |
Open Media Foundation Denver, CO | $1,861,501 | $939,371 |
Telluride Society For Jazz Telluride, CO | $70,867 | $899,060 |
Up With People-Incorporated California Denver, CO | $4,293,904 | $1,165,341 |
Circus Flora Inc Saint Louis, MO | $192,585 | $837,921 |