Nebraska · Nonprofit
OMAHA PERFORMING ARTS SOCIETY
OMAHA PERFORMING ARTS SOCIETY (Nebraska) receives grants from 48 organizations whose IRS filings report $54,874,962 to it, the largest being THE HOLLAND FOUNDATION ($16,977,963). 31 of them have funded it in more than one year.
- Revenue FY2025
- $43M
- Funders on record
- 48
- Grants received
- $55M
- Net assets
- $29M
What Omaha Performing Arts Society does
Mission
The mission of Omaha Performing Arts is to enrich the community through presentation of the highest quality arts and entertainment experiences; education and community engagement programs; and stewardship of three world-class venues - the Orpheum Theater, Holland Performing Arts Center, and Steelhouse Omaha.
As stated on its FY2025 Form 990.
Programs
Omaha Performing Arts presents productions of the highest quality by artists and ensembles at venues including the Orpheum Theater, the Holland Performing Arts Center, and Steelhouse Omaha.
$20,040,837 spent$19,883,327 earned by the program56% of program spendingOmaha Performing Arts' mission includes enriching the community through education and community engagement activities and initiatives. In the past 20 years, more than 615,000 students and community members have participated in a variety of programs including Jazz on the Green, Student Matinees, Master Classes, workshops and more. Omaha Performing Arts provides four 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; Wolf Trap Institute for Early Learning Through the Arts, a Pre-K arts education program that integrates music, dance, theatre, puppetry, and storytelling, and the Broadway League's National High School Musical Theatre Awards program, which provides top Nebraska Theater Academy students the chance to train with Broadway professionals. Other educational offerings include Student Rush, which offers deeply discounted tickets to students. Additional community engagement offerings include…
$1,350,741 spent$79,305 earned by the program4% of program spendingThe Orpheum Theater, Holland Performing Arts Center, and Steelhouse Omaha host a variety of cultural, community, performing arts, and entertainment events, including the Omaha Symphony, Opera Omaha, American Midwest Ballet, and national touring artists.
$14,563,951 spent$8,796,990 earned by the program41% of program spendingOther program services, not described on the e-filed return.
$0 spent0% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $35,955,529.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $25M to $33M (+33%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 2% · 2018 1% · 2019 0% · 2020 1% · 2021 31% · 2022 23% · 2023 1% · 2024 1% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.
29% of OMAHA PERFORMING ARTS SOCIETY’s revenue is contributions — more earned-revenue than three-quarters of its peers (58% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Jack Koraleski
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 11 funders to 21 funders, grant income fell $2.2M → $1.9M.
14 of 48 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 30% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $37M from one payer (the payer shares this organization's board, largest Opas Foundation). These are real filings, and they are not money OMAHA PERFORMING ARTS SOCIETY raised.
From the IRS filings of OMAHA PERFORMING ARTS SOCIETY’s funders (the co-funder graph). Top 30 of 48 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
OMAHA PERFORMING ARTS SOCIETY leans on a few funders — its largest provides 31% of grant income and the top three 71%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
57% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund OMAHA PERFORMING ARTS SOCIETY.
Largest funder’s share by year: 2017 34% · 2018 46% · 2019 35% · 2020 73% · 2021 41% · 2022 73% · 2023 41% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
58% of OMAHA PERFORMING ARTS SOCIETY's funders are still giving 3 years after their first grant; 65% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
100% of OMAHA PERFORMING ARTS SOCIETY's grant income comes from Nebraska funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $16M arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
OMAHA PERFORMING ARTS SOCIETY is better cushioned than half of the 570 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 570 arts & culture nonprofits $10M–$100M, FY2025
Government funding OMAHA PERFORMING ARTS SOCIETY receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $105k on record.
- National Endowment for the Arts$105k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like OMAHA PERFORMING ARTS SOCIETY
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Nebraska
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
87% of spending goes to programs.
Governance
Public support
83%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- OPAS Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for OMAHA PERFORMING ARTS SOCIETY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds OMAHA PERFORMING ARTS SOCIETY?
- OMAHA PERFORMING ARTS SOCIETY (Nebraska) receives grants from 48 organizations whose IRS filings report $54,874,962 to it, the largest being THE HOLLAND FOUNDATION ($16,977,963). 31 of them have funded it in more than one year.
- How many funders does OMAHA PERFORMING ARTS SOCIETY have?
- IRS filings report 48 organizations giving $54,874,962 in grants to OMAHA PERFORMING ARTS SOCIETY, 31 of which have funded it in more than one year.
- Who is the largest funder of OMAHA PERFORMING ARTS SOCIETY?
- THE HOLLAND FOUNDATION is the largest funder on record, with $16,977,963 in grants. The full list of funders is on this page.
- How can an organization like OMAHA PERFORMING ARTS SOCIETY find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Nebraska. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 48 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing