EIN 20-3523938

Opas Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
2005
Most recent tax filings
2023-06-01
Description
The Opas Foundation is a Nebraska-based organization with a mission to further the objectives and purpose of Omaha Performing Arts Society. It owns the Holland Performing Arts Center and leases the building to Omaha Performing Arts Society, as well as providing operational support in the form of an annual grant.
Related structure
Opas Foundation is a subordinate organization under Omaha Performing Arts (OPAS).
Total revenues
$88,718,176
2023
Total expenses
$7,198,754
2023
Total assets
$295,903,134
2023
Num. employees
0
2023

Program areas at Opas Foundation

OPAS Foundation owns the Holland Performing Arts Center and Steelhouse Omaha and leases these buildings to Omaha Performing Arts Society to further the mission of that organization.
OPAS Foundation is responsible for the fundraising and construction of Steelhouse Omaha, a new live music venue which opened in May 2023, and the Tenaska Center for Arts Engagement, which will open in 2026. These venues are part of the planned expansion of O-pa's arts and entertainment campus near the Holland Performing Arts Center. All construction expenses are currently being capitalized, and support was provided to O-pa for a portion of Steelhouse opening events.
OPAS Foundation provides operational support to Omaha Performing Arts Society in the form of an annual grant.

Grants made by Opas Foundation

GranteeGrant descriptionAmount
Omaha Performing Arts (OPAS)To Further the Mission of Omaha Performing Arts Society.$4,429,841

Who funds Opas Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Sherwood FoundationPhase Ii Center for Arts Engagement$3,018,288
Omaha Performing Arts (OPAS)Construction of Steelhouse Omaha.$1,500,000
Union Pacific FoundationArts and Culture$125,000
...and 3 more grants received

Personnel at Opas Foundation

NameTitleCompensation
Arnold ReevesSenior Vice President and Chief Financial Officer , Treasurer$0
Sabrina WeissVice President - Development$0
Joan SquiresPresident$0
Jack KoraleskiVice Chair / Director$0
Michael McCarthyChair / Director$0
...and 2 more key personnel

Financials for Opas Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$81,884,109
Program services$2,371,306
Investment income and dividends$596,323
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$3,866,438
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$88,718,176

Form 990s for Opas Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-09990View PDF
2022-062023-05-10990View PDF
2021-062022-07-11990View PDF
2020-062021-05-05990View PDF
2019-062021-02-09990View PDF
...and 9 more Form 990s
Data update history
July 14, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $125,000 from Union Pacific Foundation
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 2 new personnel
June 30, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Arts, culture, and humanities nonprofitsPerforming arts organizationsPerforming arts centersTheatersChapter / child organizationsCharities
Issues
Arts, cultural, and humanities
Characteristics
Political advocacyLobbyingState / local levelEndowed supportTax deductible donationsNo full-time employees
General information
Address
1200 Douglas
Omaha, NE 68102
Metro area
Omaha-Council Bluffs, NE-IA
County
Douglas County, NE
Phone
(402) 345-0202
IRS details
EIN
20-3523938
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A61: Performing Arts Centers
NAICS code, primary
711110: Theater Companies and Dinner Theaters
Parent/child status
Subordinate organization
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