OPERA OMAHA INC

EIN: 476032795 501(c)(3) Arts, Culture & Humanities

OMAHA, NE

Total Revenue
$3,224,742
Total Expenses
$5,105,300
Total Assets
$7,058,156
Net Assets
$6,137,638
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
NE
Principal Officer
ALLISON SWENSON
Phone
4023464398
Tax Period
2024-07-01 to 2025-06-30

OPERA OMAHA INC, founded in 1977, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.2M in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $5.1M exceeded revenue, resulting in a 58% operating deficit.

Mission

ENRICHING THE QUALITY OF LIFE IN THE COMMUNITY BY CREATING PROFESSIONAL OPERA AND MUSIC THEATER, WHICH UNIQUELY COMBINE THE VISUAL AND PERFORMING ARTS TO EXPRESS HUMANITY'S DEEPEST EMOTIONS AND HIGHEST ASPIRATIONS.

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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 $2,633,733
Program Service Revenue $272,212
Investment Income $295,085
Other Revenue $23,712
TOTAL REVENUE $3,224,742

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,536,022
Fundraising Expenses $504,430
Program Expenses $4,022,708
Other Expenses $3,569,278
TOTAL EXPENSES $5,105,300

Year-over-Year Comparison

2024 2023 Change
Revenue $3,224,742 $4,802,460 -0.3%
Expenses $5,105,300 $4,988,015 +0.0%
Net Income $-1,880,558 $-185,555 +9.1%
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
16
Independent Members
16
Employees
23
Volunteers
61

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
5
$175,000
Total Directors
19
$175,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
H FREDERICK KUEHL DIRECTOR 1.00
Director
$0 $0 $0
CAROL DOMINA DIRECTOR 1.00
Director
$0 $0 $0
LINDA BURT REBROVIC TREASURER 1.00
Officer Director
$0 $0 $0
ROBERT VLADEM DIRECTOR 1.00
Director
$0 $0 $0
ANNE BRUCKNER DIRECTOR 1.00
Director
$0 $0 $0
KILEY FREEMAN CHAIR 1.00
Officer Director
$0 $0 $0
ALI KHAN SECRETARY 1.00
Officer Director
$0 $0 $0
TERRI SANDERS DIRECTOR 1.00
Director
$0 $0 $0
MIHAELA KOBJEROWSKI DIRECTOR 1.00
Director
$0 $0 $0
BARBARA PERSON VICE CHAIR 1.00
Officer Director
$0 $0 $0
JARA STURDIVANT-WILSON DIRECTOR 1.00
Director
$0 $0 $0
JAWED BHARWANI DIRECTOR 1.00
Director
$0 $0 $0
JOE SPITZENBERGER DIRECTOR 1.00
Director
$0 $0 $0
TERRENCE FERGUSON EMERITUS DIRECTOR 1.00
Director
$0 $0 $0
ROBERT OWEN EMERITUS DIRECTOR 1.00
Director
$0 $0 $0
ALLISON SWENSON GENERAL DIRECTOR 40.00
Officer Director
$175,000 $0 $175,000
JOANNE LI DIRECTOR 1.00
Director
$0 $0 $0
ANGIE WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
MARY ANN STRASHEIM EMERITUS DIRECTOR 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 $3,224,742 $5,105,300 $7,058,156 $-1,880,558
2024 $4,802,460 $4,988,015 $9,115,014 $-185,555
2023 $4,993,260 $5,610,867 $8,966,262 $-617,607
2022 $5,982,766 $4,684,139 $8,743,148 $1,298,627
2021 $5,327,192 $3,186,979 $8,293,157 $2,140,213
2020 $5,212,615 $4,775,236 $6,103,394 $437,379
2019 $5,024,916 $5,219,111 $7,020,536 $-194,195
2018 $2,707,181 $4,921,515 $6,651,705 $-2,214,334
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