Mission
The mission of OPAS Foundation is to further the objectives and purpose of Omaha Performing Arts Society.
Public Charity
OPAS FOUNDATION
Based in Omaha, NE, OPAS FOUNDATION operates as a Public Charity. The organization reported $18.6M in revenue, $11.8M in expenses, $332.1M in total assets for fiscal year 2025. Imperigo tracks 8 reported grant relationships connected to this organization totaling approximately $11.0M.
EIN: 203523938
Omaha, NE
Single Organization Support
NTEE: A11
Latest filing: 2025
Total Revenue$18.6M
Total Expenses$11.8M
Total Assets$332.1M
Grant Records8
Funding Total$11.0M
Filing Years2021–2025
Where $100 goes at Opas Foundation
How Opas Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$99
Programs
the work itself
$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $99 for programs
$77
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
$22
Opas Foundation provides operational support to Omaha Performing Arts Society in the form of an annual grant
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
ARTS AND CULTURE
$8,300,000
ARTS, CULTURE & HUMANITIES
$100,000
$10,000
ARTS, CULTURE & HUMANITIES
$1,010,000
Construction of Steelhouse Omaha.
$1,500,000
Showing up to 5 of 8 total records — full history available with membership.
Officers & Directors
SENIOR VP AND COO, TREASURER
Arnold Reeves
DIRECTOR
Carl G Mammel
VICE CHAIR
Jack Koraleski
DIRECTOR
Jennifer Hamann
PRESIDENT
Joan H Squires
SECRETARY
John Boyer
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $18.6M | $11.8M | $332.1M |
| 2024 | $29.5M | $11.4M | $322.7M |
| 2023 | $88.7M | $7.2M | $295.9M |
| 2022 | $7.6M | $6.1M | $214.2M |
| 2021 | $54.6M | $6.0M | $216.9M |
Between 2021 and 2025, reported annual revenue declined from $54.6M to $18.6M (-66%), with total assets most recently reported at $332.1M.
Interactive year-over-year charts and full filing details available with membership.