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Arts, Culture & Humanities · 2023 Form 990

Omaha Performing Arts Society: $30.7M Revenue, $26.2M Program Expenses

Omaha, Nebraska · EIN 470832480 · Filing year 2023

Omaha Performing Arts Society reported $30.7M in total revenue, $33.6M in total expenses, and $40.2M in total assets on its 2023 IRS Form 990. 78.0% of expenses ($26.2M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: B (75/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

B
Efficiency Score
75/100

Key Facts (2023 Form 990)

Total Revenue
$30.7M
Total Expenses
$33.6M
Program Expenses
$26.2M
Program Expense Ratio
78.0%
Total Assets
$40.2M
Reserve Months
14.3 months
EIN
470832480
Latest 990 Year
2023
Top Officer Compensation
Not reported

The efficiency rubric puts Omaha Performing Arts Society at a B grade: a composite of 75/100 that lands above the national midpoint. The grade reflects solid program-spending discipline alongside reasonable executive compensation and financial reserves.

Omaha Performing Arts Society reported $30.7M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. Omaha Performing Arts Society directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.

Five-year revenue trajectory is strongly positive: Omaha Performing Arts Society has grown materially in real terms, which usually signals successful fundraising and program expansion. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Omaha Performing Arts Society sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.


$30.7M
Revenue
$33.6M
Expenses
$40.2M
Total Assets
78.0%
Program Spending

How Omaha Performing Arts Society Compares

Omaha Performing Arts Society directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 75/100 is 6 points above the Arts, Culture & Humanities category average. The organization holds 14.3 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$26.2M
Program Spending
78.0% of expenses
Not reported
CEO Compensation
14.3 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, for every dollar donated to Omaha Performing Arts Society, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.

Trend

Revenue History


Omaha Performing Arts Society has an Efficiency Score of B (75/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

Omaha Performing Arts Society, Donor FAQ

Omaha Performing Arts Society has an Efficiency Score of B (75/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

CEO/officer compensation for Omaha Performing Arts Society is not reported in the most recent IRS 990 filing on file.

Omaha Performing Arts Society reported $30.7M in annual revenue and $33.6M in total expenses for filing year 2023. The organization holds $40.2M in total assets.

For every dollar donated to Omaha Performing Arts Society, approximately 78.0 cents goes to program activities. The organization has 14.3 months of operating reserves, providing financial stability to sustain its mission.

Omaha Performing Arts Society is a registered 501(c) organization with EIN 470832480, based in Omaha, Nebraska. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.