2024-05-09T11:21:44-07:00 2023-06-30 990 2022-07-01 203523938 OPAS FOUNDATION OPAS 4023450202 1200 Douglas Omaha NE 68102 Joan Squires President 4023450202 2024-05-09 Joan Squires 999009999 1 1 11 0 AAL2 X 2022 2023-04-26 12:10:37Z Joan H Squires 1200 Douglas St Omaha NE 68102 100768567 0 X X 2005 NE The mission of OPAS Foundation is to further the objectives and purpose of Omaha Performing Arts Society. 6 6 0 0 0 0 1208276 81884109 2302238 2371306 4067480 4462761 0 0 7577994 88718176 3929994 4429841 0 0 0 0 0 0 0 2123767 2768913 6053761 7198754 1524233 81519422 214160238 295903134 4671255 1234649 209488983 294668485 The mission of OPAS Foundation is to further the objectives and purpose of Omaha Performing Arts Society. 0 0 4757465 2245395 2371306 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. 2100000 2100000 0 OPAS Foundation provides operational support to Omaha Performing Arts Society in the form of an annual grant. 84446 84446 0 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. 0 0 0 6941911 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JOAN H SQUIRES 4023450202 1200 Douglas Omaha NE 68102 JOAN H SQUIRES PRESIDENT 5 60 X 0 651281 21987 ARNOLD REEVES SENIOR VP AND CFO, TREASURER 5 45 X 0 203502 34158 SABRINA WEISS VP - DEVELOPMENT 5 45 X 0 177713 7062 MICHAEL MCCARTHY CHAIR 1 0 X X 0 0 0 JACK KORALESKI VICE CHAIR 1 1 X X 0 0 0 JOHN BOYER SECRETARY 1 1 X X 0 0 0 JENNIFER HAMANN DIRECTOR 1 0 X 0 0 0 RODRIGO LOPEZ DIRECTOR 1 1 X 0 0 0 CARL G MAMMEL DIRECTOR 1 1 X 0 0 0 0 1032496 63207 3 0 1 0 Kiewit Building Group 15002 Collection Center Drive Chicago IL 60693 Construction 44006478 Holland Basham Architects 119 S 49th Ave Omaha NE 68132 Architectural Services 1053450 Heartland Scenic Studio 5329 Lindbergh Drive Omaha NE 68110 Equipment 722064 OneNeck IT Solutions PO Box 857950 Minneapolis MN 55485 IT Equipment 252974 Professional Audio Designs 11629 W Dearbourn Ave Wauwatosa WI 53226 Equipment 295396 9 0 0 0 1500000 0 80384109 0 81884109 Rent 900099 2371306 2371306 0 0 0 0 0 0 2371306 596323 596323 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 15916829 0 11657096 393295 4259733 -393295 3866438 3866438 0 0 0 0 88718176 6834067 0 0 4429841 4429841 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 185 0 185 0 2496 0 2496 0 27778 0 27778 0 0 0 226384 0 226384 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2512070 2512070 0 0 0 0 0 0 0 0 0 0 7198754 6941911 256843 0 2636492 2151609 682897 11837239 39773448 74204710 0 0 0 0 0 0 0 0 0 1267233 1423533 191047620 36620756 121364609 154426864 48435559 51859179 0 0 0 0 0 0 0 0 214160238 295903134 3349714 654201 1321541 580448 4671255 1234649 X 130556529 220463776 78932454 74204709 209488983 294668485 214160238 295903134 81519422 3660080 0 0 0 0 X 0 1 X 1 0 X 1515521 2400 901 642 4931 1524395 2106879 2170085 2235186 2302238 2371306 11185694 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3622400 2172485 2236087 2302880 2376237 12710089 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12710089 459181 452818 264391 111647 597593 1885630 0 0 0 0 0 0 459181 452818 264391 111647 597593 1885630 0 0 0 0 0 0 0 0 0 0 0 0 4081581 2625303 2500478 2414527 2973830 14595719 0.87081 0.89015 0.12919 0.10985 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 27778 27778 4429821 4457599 372880 93220 0 0 0 0 0 372880 372880 559320 0 0 0 27778 27778 0 0 0 93220 93220 139830 0 0 0 0 0 Schedule C, Part II-A, Line 1b State level advocacy efforts. 45130850 4931 8005 0 2100000 0 43043786 48442824 642 -1329436 0 1983180 0 45130850 33703442 508377 16053647 0 1822642 0 48442824 43728787 994933 -4781388 0 6238890 0 33703442 43056977 58767 5223043 0 4610000 0 43728787 0.01 0 0.99 0 0 0 7174296 7174296 0 183873324 36620756 147252568 0 0 0 0 0 0 0 0 0 0 0 0 154426864 0 Due to OPAS 580448 580448 Schedule D, Part V, Line 4 To support operations of Omaha Performing Arts Society. 1 Omaha Performing Arts Society 1200 Douglas St Omaha NE 68102 470832480 4429841 0 To further the mission of Omaha Performing Arts Society. 1 0 Schedule I, Part I, Line 2 OPAS Foundation granted $2,245,395 to Omaha Performing Arts Society for support of the maintenance and operations of the Holland Performing Arts Center and the Orpheum Theater. The request was discussed and approved by the Board of Directors. Omaha Performing Arts Society provides information about maintenance and capital improvement projects and operations annually to the OPAS Foundation. Additionally, OPAS Foundation granted $2,100,000 to Omaha Performing Arts Society for support of general operations. This request was also discussed and approved by the Board of Directors. OPAS Foundation also granted $84,446 to OPAS for campus expansion opening events that were part of the overall budget. 0 1 0 0 0 0 0 0 0 JOAN H SQUIRES PRESIDENT 0 386645 0 158000 0 106636 0 12200 0 7505 0 670986 0 0 ARNOLD REEVES SENIOR VP AND CFO, TREASURER 0 202669 0 0 0 832 0 8452 0 18572 0 230525 0 0 SABRINA WEISS VP - DEVELOPMENT 0 177486 0 0 0 228 0 7062 0 0 0 184776 0 0 Schedule J, Part I, Line 4 An Officer is a participant in a 457(f) deferred compensation plan sponsored by OPAS Foundation. Vesting and related payments are based on years of service. As of 6/30/23, the Officer's deferred compensation account was credited with $100,000. Schedule J, Part II An Officer is a participant in an endorsement split-dollar life insurance plan and a deferred compensation plan which is intended to meet the requirements of 409(a) and 457(f). Both plans are sponsored by OPAS Foundation, a related organization of OPAS. Under the plan, OPAS Foundation endorses the right to designate a beneficiary for the portion of the death benefit in excess of the greater of the cash surrender value or premiums paid. The value of the right, which was included in the Officer's reportable compensation, was $1,354. OPAS Foundation also sponsors an additional 457(f) deferred compensation plan effective January 1, 2014. As of 6/30/2023, the Officer's deferred compensation account was credited with $100,000. Form 990, Part VI, Section B, Line 11b Before filing, a copy of the Form 990 and all required schedules were provided to each voting member of the Board of Directors. Each member is instructed to contact the President of the organization with any questions or concerns and is given ten days to do so before the return is filed. Form 990, Part VI, Section B, Line 12c Each year, a conflict of interest disclosure form is distributed to all voting members of the Board of Directors. Each member has one month to return the form. Any conflict of interest is discussed at the next board meeting with appropriate actions taken by the Chair of the Board. Form 990, Part VI, Section B, Line 15 The Chair of the Board of Directors is responsible for the completion and implementation of evaluation and compensation of the President. Prior to the conclusion of the fiscal year, and in conjunction with the budget preparation process for the subsequent fiscal year, the Chair shall be responsible for recommending the compensation and benefits of the President. The development of the final compensation package may use market-based data that is independent of O-pa. In addition, an outside consultant may be engaged to conduct an independent review periodically as determined by the Chair to ensure that the information is timely and appropriate. The Chair's assessment shall be provided for review to a Compensation Committee comprised of not less than two members of the Board of Directors. Following the Compensation Committee's approval, the Board of Directors will make the final approval prior to the end of the fiscal year and note its actions in its minutes. Form 990, Part VI, Section C, Line 19 No documents available to the public. OMAHA PERFORMING ARTS SOCIETY 1200 DOUGLAS OMAHA NE 68102 470832480 PERFORMING ARTS CENTER NE 501(c)(3) N/A 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 OMAHA PERFORMING ARTS SOCIETY b 4429841 OMAHA PERFORMING ARTS SOCIETY c 1500000 OMAHA PERFORMING ARTS SOCIETY j 2371306