OMAHA PERFORMING ARTS SOCIETY

EIN: 470832480 501(c)(3) Arts, Culture & Humanities

Omaha, NE

Total Revenue
$43,124,760
Total Expenses
$41,238,161
Total Assets
$46,532,797
Net Assets
$29,244,146
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NE
Principal Officer
JOAN H SQUIRES
Phone
4023450202
Tax Period
2024-07-01 to 2025-06-30

OMAHA PERFORMING ARTS SOCIETY, founded in 2000, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $43.1M in total revenue in fiscal year 2024. Expenses of $41.2M left a modest 4% surplus.

Mission

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.

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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 $12,674,941
Program Service Revenue $28,759,621
Investment Income $847,346
Other Revenue $842,852
TOTAL REVENUE $43,124,760

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,735,502
Fundraising Expenses $915,798
Program Expenses $35,955,529
Other Expenses $30,502,659
TOTAL EXPENSES $41,238,161

Year-over-Year Comparison

2024 2023 Change
Revenue $43,124,760 $44,018,451 0.0%
Expenses $41,238,161 $43,473,341 -0.1%
Net Income $1,886,599 $545,110 +2.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
10
Employees
347
Volunteers
611

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
6
$932,875
Total Directors
11
$0
Key Employees
1
$210,121
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joan Squires President 60
Officer
$641,043 $32,564 $673,607
Arnold Reeves Senior Vice President and CFO 45
Officer
$228,522 $30,746 $259,268
Sabrina Weiss Vice President of Development 45
Key Emp
$202,003 $8,118 $210,121
Andy Cassano VP for Programming and Education 45
Highest
$167,204 $36,303 $203,507
Craig Cope Steelhouse General Manager 45
Highest
$129,974 $37,092 $167,066
Ashley Voorhees Vice President of Administrative Services 45
Highest
$130,566 $24,158 $154,724
Lee Turkovich Vice President of Marketing and Communications 45
Highest
$128,696 $24,939 $153,635
Bianca Harley Vice President of Human Capital and Inclusion 45
Highest
$129,258 $23,280 $152,538
Jack Koraleski Chair 1
Officer Director
$0 $0 $0
D David Slosburg Vice Chair 1
Officer Director
$0 $0 $0
Michael Cassling Vice Chair 1
Officer Director
$0 $0 $0
Dr H Dele Davies Director 1
Director
$0 $0 $0
Margaret Lauritzen Dodge Director 1
Director
$0 $0 $0
Scott C Heider Director 1
Director
$0 $0 $0
Todd Johnson Director 1
Director
$0 $0 $0
Christopher Leitner Director 1
Director
$0 $0 $0
Rodrigo Lopez Director 1
Director
$0 $0 $0
Sharlon Rodgers Director 1
Director
$0 $0 $0
Rachel Werner Director 1
Director
$0 $0 $0
John Boyer Secretary 1
Officer
$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 $43,124,760 $41,238,161 $46,532,797 $1,886,599
2024 $44,018,451 $43,473,341 $43,310,470 $545,110
2023 $30,706,945 $33,599,591 $40,171,562 $-2,892,646
2022 $44,356,813 $34,320,923 $37,903,903 $10,035,890
2021 $11,794,799 $11,982,094 $32,168,813 $-187,295
2020 $26,135,426 $26,298,649 $28,932,214 $-163,223
2019 $23,322,965 $24,180,852 $31,395,648 $-857,887
2018 $27,103,439 $23,733,643 $32,821,120 $3,369,796
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