2021-04-29T11:20:15-07:00 2020-06-30 990 2019-07-01 203523938 OPAS FOUNDATION OPAS 4023450202 1200 Douglas Omaha NE 68102 Joan Squires President 4023450202 2021-04-29 2019 2022-09-23 18:48:47Z Joan H Squires 1200 Douglas St Omaha NE 68102 65526218 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 1515521 52978315 2106879 2170085 1469645 713955 0 0 5092045 55862355 3745000 3804850 0 0 26200 30323 0 0 0 2083545 2091683 5854745 5926856 -762700 49935499 110389688 154372041 2217149 1732993 108172539 152639048 The mission of OPAS Foundation is to further the objectives and purpose of Omaha Performing Arts Society. 0 0 4166445 2054850 2884040 OPAS Foundation owns the Holland Performing Arts Center and leases the building to Omaha Performing Arts Society to further the mission of that organization. 1750000 1750000 0 OPAS Foundation provides operational support to Omaha Performing Arts Society in the form of an annual grant. 0 0 0 5916445 1 0 0 0 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 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 509022 20710 ARNOLD REEVES SENIOR VP AND CFO, TREASURER 5 45 X 0 174329 32388 JOHN GOTTSCHALK CHAIR 1 1 X X 0 0 0 RODRIGO LOPEZ DIRECTOR 1 1 X 0 0 0 JACK KORALESKI DIRECTOR 1 1 X 0 0 0 CARL G MAMMEL DIRECTOR 1 1 X 0 0 0 MICHAEL MCCARTHY DIRECTOR 1 0 X 0 0 0 JOHN BOYER SECRETARY 1 1 X X 0 0 0 0 683351 53098 2 0 1 0 Ennead Architects 1 World Trade Center 40th Floor New York NY 10007 Architectural Services 3040837 Holland Basham Architects 119 S 49th Ave Omaha NE 68132 Architectural Services 2362943 Pentagram 250 Park Avenue South New York NY 10003 Professional Services 180408 TRI Project Solutions 11061 S 232nd Street Gretna NE 68028 Project Management 173779 4 0 0 0 0 0 52978315 0 52978315 Rent 900099 2170085 2170085 0 0 0 0 0 0 2170085 452818 452818 0 0 0 0 0 0 0 0 0 0 0 0 9925000 0 9663863 0 261137 0 261137 261137 0 0 0 0 55862355 2884040 0 0 3804850 3804850 0 0 0 0 0 0 30323 22742 7581 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 2830 0 2830 0 0 0 0 0 0 0 57114 57114 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 0 2037034 2037034 0 0 -5295 -5295 0 0 0 0 0 0 5926856 5916445 10411 0 35614 72200 586473 15801360 1453754 36553813 1073042 1071531 100112175 30034618 64125566 70077557 43115239 30795580 110389688 154372041 1373396 1635450 843753 97543 2217149 1732993 X 60688930 58688751 47483609 93950297 108172539 152639048 110389688 154372041 49935499 -5468990 0 0 0 0 X 0 1 X 1 0 X 42789 35000000 0 1515521 2400 36560710 2006547 2006547 2006547 2106879 2170085 10296605 2049336 37006547 2006547 3622400 2172485 46857315 46857315 18367 234770 459181 452818 1165136 0 18367 234770 459181 452818 1165136 2049336 37024914 2241317 4081581 2625303 48022451 0.97574 0.98522 0.02426 0.01478 X 43728787 994933 -4781388 0 6238890 0 33703442 43056977 58767 5223043 0 4610000 0 43728787 40945843 0 3861134 0 1750000 0 43056977 967320 35000000 4978523 0 0 0 40945843 925084 42789 -553 0 0 0 967320 0.02 0 0.98 0 0 0 7174296 7174296 0 92937879 30034618 62903261 0 0 0 0 0 0 0 0 0 0 0 0 70077557 Due to OPAS 97543 97543 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 3804850 0 To further the mission of Omaha Performing Arts Society. 1 0 Schedule I, Part I, Line 2 OPAS Foundation granted $2,054,850 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 $1,750,000 to Omaha Performing Arts Society for support of general operations. This request was also discussed and approved by the Board of Directors. 0 1 0 0 0 0 0 0 0 JOAN H SQUIRES PRESIDENT 0 352668 0 52546 0 103807 0 11200 0 9510 0 529731 0 0 ARNOLD REEVES SENIOR VP AND CFO, TREASURER 0 173641 0 0 0 689 0 7340 0 25048 0 206718 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. 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 $1,410. OPAS Foundation also sponsors an additional 457(f) deferred compensation plan effective January 1, 2014. As of 6/30/2020, the Officer's deferred compensation account was credited with $100,000. Form 990, Part VI, Section B, Line 11b 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 May, 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 other 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 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 OMAHA PERFORMING ARTS SOCIETY b 3804850 OMAHA PERFORMING ARTS SOCIETY j 2170085