2015-03-24T11:17:52-07:00 2014-06-30 990 2013-07-01 203523938 OPAS FOUNDATION OPAS 4023450202 1200 Douglas Omaha NE 68102 Joan Squires President 4023450202 2015-03-24 2013 2016-02-25 16:41:14Z Joan H Squires 1200 Douglas Street Omaha NE 68102 2131558 0 X X 2005 NE The mission of OPAS Foundation is to further the objectives and purpose of Omaha Performing Arts Society. 3 3 0 0 0 0 0 125000 2006547 2006547 17 11 0 0 2006564 2131558 2000000 1870000 0 0 -89895 -148807 0 0 0 2128657 2128653 4038762 3849846 -2032198 -1718288 72641464 70986931 786245 850000 71855219 70136931 The mission of OPAS Foundation is to further the objectives and purpose of Omaha Performing Arts Society. 0 0 3795429 1870000 2131547 OPAS Foundation owns the Holland Performing Arts Center and leases the building to Omaha Performing Arts Society to further the mission of that organization. 0 0 0 3795429 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 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 0 0 X 3 3 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 JOHN GOTTSCHALK CHAIRMAN 1 X X 0 0 0 RICHARD HOLLAND VICE CHAIRMAN 1 X X 0 0 0 MICHAEL B YANNEY DIRECTOR 1 X 0 0 0 JOHN BOYER SECRETARY 1 X 0 0 0 JOAN H SQUIRES PRESIDENT 5 X X 0 330412 118364 ARNOLD REEVES SENIOR VP AND CFO 5 X X 0 138477 16730 0 468889 135094 0 0 1 0 0 0 0 0 0 0 125000 0 125000 Rent 900099 2006547 2006547 0 0 0 0 0 0 2006547 11 0 0 11 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2131558 2006547 0 11 1870000 1870000 -148807 -111605 -37202 2037034 2037034 91619 91619 3849846 3795429 54417 0 37041 160736 0 10000 785732 1034539 87594068 17812412 71818691 69781656 72641464 70986931 786245 850000 0 0 786245 850000 X 71855219 70136931 0 0 0 0 71855219 70136931 72641464 70986931 -1718288 0 0 0 0 0 X 0 1 X 1 0 X 125000 125000 2006547 2006547 2006547 2006547 2006547 10032735 2006547 2006547 2006547 2006547 2131547 10157735 10157735 2006547 2006547 2006547 2006547 2131547 10157735 1 1 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 6029868 6029868 0 81564200 17812412 63751788 0 0 0 0 0 0 0 0 0 0 0 0 69781656 0 0 X Schedule D, Part X, Line 2 Management evaluated the Organization's tax positions and concluded that the Organization had maintained its tax exempt status and had taken no uncertain tax positions that require adjustment to the consolidated financial statements. With few exceptions, the Organization is no longer subject to U.S. federal income tax examinations by tax authorities for fiscal years before 2011. No provision or liability for income taxes has been included in the consolidated financial statements. 1 Omaha Performing Arts Society 1200 Douglas Street Omaha NE 68102 470832480 501(c)(3) 1870000 To further the mission of Omaha Performing Arts 1 0 Schedule I, Part I, Line 2 OPAS Foundation granted $1,870,000 to Omaha Performing Arts 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 provides information about maintenance and capital improvement projects and operations annually to the OPAS Foundation. 0 0 0 0 0 0 0 0 0 JOAN H SQUIRES PRESIDENT 0 284932 0 42840 0 2641 100000 10422 0 7941 100000 348776 0 0 ARNOLD REEVES SENIOR VP AND CFO 0 138306 0 0 0 172 0 5797 0 10933 0 155208 0 0 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 May, a conflict of interest 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 Chairperson of the Board. Form 990, Part VI, Section B, Line 15 The Chairman of the Board of Directors is responsible for the completion and implementation of evaluation and compensation for the President. Prior to the conclusion of the fiscal year, and in conjunction with the budget preparation process for the subsequent fiscal year, the Chairman 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 OPA. In addition, an outside consultant may be engaged to conduct an independent review periodically as determined by the Chairman to ensure that the information is timely and appropriate. The Chairman'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 Committees' 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 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0