ROSE BLUMKIN PERFORMING ARTS CENTER FOUNDATION

EIN: 363964320 501(c)(3) Arts, Culture & Humanities

OMAHA, NE

Total Revenue
$1,270,106
Total Expenses
$1,849,076
Total Assets
$47,142,906
Net Assets
$47,142,906
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
NE
Principal Officer
JULIE WALKER
Phone
4023454849
Tax Period
2024-06-01 to 2025-05-31

ROSE BLUMKIN PERFORMING ARTS CENTER FOUNDATION, founded in 1994, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $1.8M exceeded revenue, resulting in a 46% operating deficit.

Mission

TO MAINTAIN THE HISTORICAL BUILDING AND SUPPORT THE OMAHA THEATER COMPANY FOR YOUNG PEOPLE.

Program Service Accomplishments

Program 1
Expenses: $1,849,076

THE FOUNDATION SUPPORTS THE OMAHA THEATER COMPANY FOR YOUNG PEOPLE BY MAINTAINING THE HISTORICAL BUILDING WHERE THEY ARE HOUSED, AND BY PROVIDING FINANCIAL SUPPORT FOR THE RUNNING AND MAINTENANCE OF...

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THE FOUNDATION SUPPORTS THE OMAHA THEATER COMPANY FOR YOUNG PEOPLE BY MAINTAINING THE HISTORICAL BUILDING WHERE THEY ARE HOUSED, AND BY PROVIDING FINANCIAL SUPPORT FOR THE RUNNING AND MAINTENANCE OF THE BUILDING.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $1,270,106
Other Revenue $0
TOTAL REVENUE $1,270,106

Expense Breakdown

Grants Paid $1,495,353
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,849,076
Other Expenses $353,723
TOTAL EXPENSES $1,849,076

Year-over-Year Comparison

2024 2023 Change
Revenue $1,270,106 $1,954,820 -0.4%
Expenses $1,849,076 $1,758,333 +0.1%
Net Income $-578,970 $196,487 -3.9%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN BUFFETT PRESIDENT 1.00
Officer Director
$0 $0 $0
RICK PUTNAM VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MAUREEN ERECKSON OMAHA THEATER COMPANY VP O 1.00
Director
$0 $0 $0
CHRIS BLUMKIN TRUSTEE 1.00
Director
$0 $0 $0
DEBORA WISNESKI OMAHA THEATER COMPANY PRES 1.00
Director
$0 $0 $0
AMY RYAN OMAHA THEATER COMPANY LIAI 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,270,106 $1,849,076 $47,142,906 $-578,970
2024 $1,954,820 $1,758,333 $41,638,958 $196,487
2023 $1,047,244 $1,775,226 $34,530,827 $-727,982
2022 $67,634 $1,438,510 $37,047,528 $-1,370,876
2021 $364,848 $1,746,717 $35,752,617 $-1,381,869
2019 $791,740 $1,728,560 $28,937,051 $-936,820
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